Continuing to cement its spot among the world’s leading Retail FX brokers, FCA and CySEC regulated broker Exness has reported record FX trading volumes for the month of November, topping the rarefied air above the $300 billion mark for just the second time.
Exness has reported that forex trading volumes in its system came in at $324.4 billion in November – up 14% from October’s $285.6 billion and topping by 3% the company’s previous best month of $313.7 billion set in March of this year.
Exness saw 44,276 active traders in November, up slightly from 43,716 in October.
For the first nine months of 2017, Exness honoured $283 million in client withdrawals. 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 (Q3-2017) for Exness can be seen here (pdf).
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.