Exness, an online forex brokerage, released its financial report for February 2023, showing an increase in trading volumes across all of its trading business segments.。According to the report, trading volume increased significantly for the fourth consecutive month.。In February 2023, transactions reached $3,055 billion, compared to $2,822 the previous month.。In addition, statistics show that the number of active customers rose from 414,502 to 440,151 in February, a commendable increase.。
At number one, Exness has traded close to $320 billion。The figure registered in February was $3,055 billion.。That's up from $2,822 billion the previous month, up 86 percent from a year earlier.。Indeed, considering the January 2022 figure of $151 billion。It was followed by $1,587 billion, then jumped sharply to $2,484 billion in March 2022.。March 2023 has already begun, and Exness may soon report year-over-year growth on April 23.。
As of December last year, the transaction volume reached 2525 billion US dollars.。The expectation of a big increase was not so high, but it did happen, strengthening its position in all markets, including the South African market, where Exness was included in the list of best brokers along with other SA forex brokers such as Tickmill, IG Group and Plus500.。It grew significantly in August 2022, reaching a high of $281.1 billion, and then continued to decline until the end of the year.。Whether the same trend will emerge in 2023 remains to be seen。
The number of active customers is certainly up from January, when Exness had 414,502 active users on the platform.。The monthly increase brought the number to 440,151, while there were only 269,692 active users on the platform in the same month.。Still, growth is good for brokerage firms。Decline in the next month after November 2022。Events like this can easily make the brand image greatly reduced.。
Also shared a report on the amount of awards to partners for each quarter of 2022。Commission income from October to December fell to $99.1 million, while commission income rose in the previous quarter to 1..$06.5 billion。It was the last quarter, and rewards for partners increased。From January to March 2023, they have many tasks。
Customer withdrawals are areas that did not show a negative value in the quarter $11 in the last quarter of 2022.$34.6 billion, up from 11 in the previous quarter.$02.5 billion。
Founded in 2008, Exness operates only in regulated markets and offers a wide range of products, including but not limited to metals, foreign exchange and equities.。Demo accounts for new forex traders。Our Exness Broker Review further reveals how new traders can benefit from Exness。24 / 7 customer support is one of the features that new forex traders come in handy。