Doo Group Sees 33.16% Increase in Trading Volume in April 2021

Fintech-motivated financial service group Doo Group has reported its monthly trading volume for April 2021, seeing an increase of 33.16% from the previous month’s US$17.33 billion to US$23.08 billion.

According to the company, the figure is a total of trading volumes from affiliates, Doo Clearing, a London-based FCA-regulated liquidity provider, and Doo Prime, a leading global online broker.   

April's trading volume has passed all previous records in 2021, showcasing itself as the highest traded month with the total traded for the year, to date, valued at US$72.47 billion. 

In addition, the Group average daily volume for the month came in at US$0.77 billion compared to March's US$0.56 billion.  

In April 2021, XAU/USD, EUR/USD, and GBP/USD remained consistent as the most popular instruments of traders and took up 81.39% out of the monthly total trading volume recorded. 

XAU/USD recorded a total of US$14.40 billion or 62.4% of the overall monthly trading volume. Another one of the strongest pairings is the EUR/USD and GBP/USD that recorded US$4.38 billion or 18.99% of the overall monthly trading volume.  

Based on the statistics, the XAU/USD pairing also posted the highest increase in monthly trading volume, with US$6.24 billion, or 76.49%.  

Last month, Fazzaco reported Doo Group’s financial figures for March 2021, showing a monthly trading volume of $17.33 billion​.