Exness is a popular Forex and CFDs broker offering to trade currencies, stocks, commodities, indices and cryptocurrencies。Traders using Exness can trade at the most reliable and stable prices in the industry。
Foreign exchange trading volumes rose again as recent policy developments by the central bank to encourage speculators to join the foreign exchange market spurred economic uncertainty.。Exness's platform saw the highest volume in March, helped by a rise in market volatility driven by the central bank's policy announcements.。It reaches 3.$88 trillion, up from a record 3 in February.$05 trillion up 27%。
Exness is one of South Africa's regulated forex brokers with an annual turnover of 56%, compared to 2% in March 2022..$45 trillion。The platform's active customer base reached a record level, higher than its 2022 value, growing 63 percent from 301,575 to 491,064.。
Similar to other financial markets, the Forex market is undergoing a huge digital transformation。It uses high-frequency and algorithmic trading and other advanced technical strategies that increase daily trading volume.。As a result of the frenzied buying and selling activity, the average transaction volume of Exness in 2023 exceeded $3 trillion.。There is no doubt about how safe Exness is as it is authorised by the Financial Conduct Authority as an IFPRU €730,000 company and continues to modify its operations.。
The forex broker was granted a UK licence in 2016 and has launched retail products focused on commodities and forex CFDs.。In terms of internal business decisions to reshape the company and focus on other financial markets to expand the B2B platform, Exness plans to close its retail business in the EU / EEA (including the UK) in 2019.。