Exness has another strong month with April FX trading volumes at $364 billion

exness fx volumes

Continuing a very strong start to the year in which it saw more than a trillion dollars of trading volumes in Q1, FCA and CySEC licensed Retail FX broker Exness has reported that April client volumes came in at $364.3 billion. April volumes were actually down 3% from March’s record $375.4 billion, but still represent one of the best ever months for the company.

Exness FX volumes Apr2018

Exness saw 44,821 active traders in April, down from a record 46,520 active traders in March.

For the first four months of the year, Exness transacted $1.365 trillion of client trading volume, placing it in the top tier of Retail FX brokers. The company honored $135 million of client withdrawals between January and April 2018.

Exness has its volume, client withdrawal and partner rewards figures audited on a quarterly basis by global accounting firm Deloitte. The Deloitte Independent Assurance Report for the most recent quarter (Q4-2017) for Exness can be seen here (pdf). The Deloitte Q4 report also indicated that as of year-end 2017 Exness held Client Funds of $42.9 million, and Exness’ own funds totaled $172 million.

As was exclusively reported at LeapRate in March, Exness has its sights set on expanding its presence in the UK, and recently injected £1.5 million of additional capital into its FCA licensed subsidiary. Mid last year Exness completed the upgrade of its FCA license in the UK to ‘IFPRU €730k’. This means that the company can now trade with its clients as principal without the matched limitation. Having acquired its full scope license, Exness UK is set to expand its global reach by becoming fully operational in the coming months.

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