Exness FX volumes cool 3% in August 2018 to $332 billion


exness fx volumes

Following a record first half of the year which saw more than $2 trillion of client trading volumes booked, FCA and CySEC licensed Retail FX broker Exness has reported a fairly strong summer of FX trading volumes, with August’s $331.9 billion on the heels of July’s $343.5 billion.

Although down from record volumes of $395 billion set in May 2018, it seems like it was a fairly busy summer at Exness.

Exness FX volumes Aug2018

Exness saw 46,221 active traders in August, up from 44,135 in July.

As noted above, for the first six months of the year Exness transacted $2.1 trillion of client trading volume, placing it in the top tier of Retail FX brokers. The company honored $211 million of client withdrawals between January and June 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 (Q1-2018) for Exness can be seen here (pdf).

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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Exness FX volumes cool 3% in August 2018 to $332 billion

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