Exness saw a cyclical decline in April, but trading volume remained at the $3 trillion mark.
According to official Exness data, in April 2021, the company experienced a cyclical decline in trading volume.。Nonetheless, a new breakthrough in the number of customers supporting its trading activities。
Exness, a retail brokerage firm, released trading data for April 2023, revealing that the firm's trading volume was able to sustain at $3 trillion, which is important because it saw a decline compared to March's trading volume.。
According to data released by Exness, the volume of transactions fell by 22 in April..6%, contributing to maintaining the $3 trillion milestone。The same number in March was 3..$88 trillion。But compared to the same period last year, Exness had a better performance, from 2 in April 2022..$1 trillion up。
March is when Exness trading volume peaks。Thus, the decline is now shown as a cyclical correction。This performance remains a milestone.。
The platform started gaining users during the Covid-19 pandemic, while other platforms struggled to get new users on the platform.。Since then, Exness has maintained a solid performance until April 2023.。More information will be released next month to show what happened in May 2023。
It is worth noting that Exness has exceeded $3 trillion in trading volume for several consecutive months, with April 2023 becoming the third month of the year to see this figure.。The trend started as early as February 2023, when the number was 3..About $05 trillion。
However, Exness's stride coincided with a similar trend across the market.。In April 2023, the number of active traders in Exness was 476,172。These are users who regularly trade and balance on the South African Forex broker platform。The decline in the industry showed 491,064 active users last month.。
For the South African Forex trading brokerage platform, everything has been going smoothly。The company opened an office in Uruguay in early 2023 and is now looking to expand its activities in the African market.。The platform has already obtained the necessary licenses in Kenya and South Africa.。
Although April's trading volume fell by 22.6%, but Exness's ability to sustain $3 trillion in trading volume is good.。In the coming months, the platform is likely to recover from the corrective decline。If you take into account Exness's performance in March, then it can be assumed that the platform can once again peak in volume and active trading.。
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