Exness reports FX trading volumes steady in July at $248 billion


exness fx volumes

Continuing a fairly flat month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system came in at $248.4 billion in July, slightly below $252.0 billion last month.

Each of May, June and July volumes, right around the $250 billion-a-month range, showed a nice increase over April ($234.6 billion), but were still below the record $313.7 billion of trading volumes which Exness set in March.

Exness FX volumes July2017

Exness saw 43,460 active traders in July, about the same as 43,824 in June.

For the first half of 2017, Exness honoured $192 million in client withdrawals, and paid out $28 million in payments to partners, mainly introducing brokers. We’d note that 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 (Q1-2017) for Exness can be seen here (pdf).

exness cristiano ronaldoExness has had a busy summer so far, announcing its sponsorship of Real Madrid as well as engaging Real star Cristiano Ronaldo as a Brand Ambassador.

During June, Exness reported that it had 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 reports FX trading volumes steady in July at $248 billion

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