Exness April trading volume remained at $3 trillion, down 23% month-on-month
Retail brokerage platform Exness released its April indicator, with volume adjusted from its March peak。Volume increased significantly in April compared to the same month last year, up 42.5%。Exness traded more than 2 in April 2022.1 trillion dollars。
According to the retail brokerage platform The April indicator published by Exness, whose trading volume is adjusted from the March peak。According to official figures, the volume of transactions last month was $3 trillion, down 22 from the previous month..6%。
However, compared to the same period last year,Volume increased significantly in April, up 42.5%。Exness traded more than 2 in April 2022.1 trillion dollars。
Exness is a broker offering Forex and Contracts for Difference (CFD) trading services。At the peak of trading activity in March last year, trading volumes reached 3.$88 trillion。Despite a drop in trading volume last month, it is still above this milestone.。
The adjustment in April trading volumes is cyclical, with Exness trading volumes declining month-on-month over the past three years, a trend that has existed before.。Other trading platforms have seen similar product demand trends.。
As the volume of transactions increases,The number of active customers doing trading and balancing operations on Exness has also declined。The number of active traders on the platform at the end of the month stood at 476,172, compared with 491,064 last month.。
Exness's trading demand has grown dramatically over the past few months, in line with a trend of unexpected growth across the trading industry.。However, unlike most platforms, the growth of Exness has been sustained.。The platform has benefited from regional expansion by expanding geographic markets, particularly Asia and emerging markets, in addition to the already established European base.。
Exness to expand in Africa, obtain regulatory licenses in South Africa and Kenya, and establish an office in Uruguay。
Obtaining a South African regulatory licence enablesExness has access to one of the continent's largest financial centers。As one of the most promising economies in Africa, South Africa has a large financial market and an active group of traders.。By setting up a business in South Africa, Exness will be able to better meet the needs of local traders and provide high-quality trading services。
Similarly, obtaining a regulatory licence in Kenya makesExness has access to East Africa。As an economic and financial centre in the region, Kenya has a large potential market。By establishing a compliant presence in Kenya, Exness will be able to serve traders in Kenya and the surrounding region and offer a diverse range of trading products and tools.。
In addition to entering the African market,Exness also expands its international reach。Earlier this year, Exness opened an office in Uruguay, marking its presence in Latin America.。Uruguay's position as one of the financial hubs of Latin America offers Exness the opportunity to further expand its customer base and market share.。
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