Exness,
a multi-asset broker headquartered in Cyprus, has released its financial
report. The report highlighted exceptional performance across multiple segments
in the current quarter. The report revealed a significant surge in trading
volume during August, reaching an impressive $4.52 trillion, making it the
highest trading volume month of the year.
September’s
trading volume slightly decreased to $4.43 trillion. It remained strong
compared to the previous year when August and September 2022 recorded volumes
of $2.81 trillion and $2.74 trillion, respectively. One
of the key drivers behind Exness’s success has been its rapidly growing client
base. The report highlighted that in September, the company achieved its highest
number of active clients to date, totaling 653,593.
August
also saw substantial client activity, with 625,626 active clients. This
consistent growth trend in active clients has been a noteworthy feature of
Exness’s performance, steadily increasing month by month since January 2023.
Additionally,
the report sheds light on Exness’s efficient handling of client withdrawals. In
the third quarter, the company processed a total of $1.71 billion in client
withdrawals, reflecting a strong financial standing and client confidence.
Comparatively, during the second quarter, Exness handled $1.31 billion in
client withdrawals.
Exness’s
commitment to rewarding its partners is evident in the data as well. In the
third quarter, the company paid out a substantial $140.8 million in partner
rewards, indicating a significant increase in partner engagement and
contribution.
These
financial achievements solidify Exness’s position in the multi-asset brokerage
industry. With a consistent growth in trading activity, and financial performance,
Exness is poised for continued
success in the competitive financial markets.
Exness Expands Globally with
Uruguay Office
The
company’s strategic expansion efforts are evidence of its global
ambitions. Exness inaugurated its first
office in Uruguay in February 2023.
It marked a pivotal step in its growth strategy. Although not regulated in
Uruguay, Exness holds licenses in multiple countries. It allows Exness to offer
trading services in Latin America.
The
choice of Uruguay as the location for its first Latin American presence is
strategic, given the country’s economic stability and access to a pool of local
talent. Exness aims to have a team of 100 professionals based in its Uruguayan
office by the end of the year, underscoring its commitment to the Latin American
markets.
Exness,
a multi-asset broker headquartered in Cyprus, has released its financial
report. The report highlighted exceptional performance across multiple segments
in the current quarter. The report revealed a significant surge in trading
volume during August, reaching an impressive $4.52 trillion, making it the
highest trading volume month of the year.
September’s
trading volume slightly decreased to $4.43 trillion. It remained strong
compared to the previous year when August and September 2022 recorded volumes
of $2.81 trillion and $2.74 trillion, respectively. One
of the key drivers behind Exness’s success has been its rapidly growing client
base. The report highlighted that in September, the company achieved its highest
number of active clients to date, totaling 653,593.
August
also saw substantial client activity, with 625,626 active clients. This
consistent growth trend in active clients has been a noteworthy feature of
Exness’s performance, steadily increasing month by month since January 2023.
Additionally,
the report sheds light on Exness’s efficient handling of client withdrawals. In
the third quarter, the company processed a total of $1.71 billion in client
withdrawals, reflecting a strong financial standing and client confidence.
Comparatively, during the second quarter, Exness handled $1.31 billion in
client withdrawals.
Exness’s
commitment to rewarding its partners is evident in the data as well. In the
third quarter, the company paid out a substantial $140.8 million in partner
rewards, indicating a significant increase in partner engagement and
contribution.
These
financial achievements solidify Exness’s position in the multi-asset brokerage
industry. With a consistent growth in trading activity, and financial performance,
Exness is poised for continued
success in the competitive financial markets.
Exness Expands Globally with
Uruguay Office
The
company’s strategic expansion efforts are evidence of its global
ambitions. Exness inaugurated its first
office in Uruguay in February 2023.
It marked a pivotal step in its growth strategy. Although not regulated in
Uruguay, Exness holds licenses in multiple countries. It allows Exness to offer
trading services in Latin America.
The
choice of Uruguay as the location for its first Latin American presence is
strategic, given the country’s economic stability and access to a pool of local
talent. Exness aims to have a team of 100 professionals based in its Uruguayan
office by the end of the year, underscoring its commitment to the Latin American
markets.
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- Source: https://www.financemagnates.com//forex/exness-holds-strong-in-september-second-best-month-despite-trading-volume-dip/
