Exness Achieves Record Net Revenues, Active Clients Double
The global multi-asset broker Exness has shared its trading volume numbers for 2020, showing a solid growth in the demand for its services.
In the first 11 months of this year, the company has achieved record net revenues of $6,110.8 billion. The number of active traders on Exness doubled this year to 143,560, compared to 2019’s figure of 72,721.
In addition, the brokerage detailed that it closed at 315,585,372 orders so far this year, and handled withdrawals of $593 million and $100 million from clients and partners, respectively.
The company pointed out the increasing demand in the trading market during the market volatility induced by the economic lockdown to curb Coronavirus and gained heavily from that. Indeed, the trading volume on Exness hit $785 billion in March, setting a monthly record.
“Exness was able to capitalize on the volatile market situation and saw its highest-ever trading volumes,” the company stated.
Headquartered in Cyprus, Exness has operations across the globe and provides services to both retail and professional clients. It offers trading services with forex pairs, stocks and indices, CFDs, cryptocurrencies, and also commodities.
Additionally, it has added new financial instruments to its offerings, including the popular stocks of Tesla, Amazon, Apple and Netflix.
“Taking a look behind the scenes and not just on a client level, Exness also responded to the pandemic by finding the right solutions to create a work from home model that would support its employees and guarantee uninterrupted performance during the crisis,” the broker added.
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