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Screenshot of a breaking news alert e-mail from Q2 2017
Continuing the fairly strong FX trading volume reports we have seen so far from some of the leading institutional FX firms, CySEC and FCA regulated Retail FX broker Exness has reported that forex volumes in its system came in at $260.6 billion in September. That figure was actually down 5% from August’s $274.8 billion result, but still placed as Exness’ third busiest month ever.
August volumes at Exness were second only to the company’s record $313.7 billion of trading volumes which Exness set in March.
Exness saw 43,867 active traders in September, down slightly from 44,408 in August.
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 (Q2-2017) 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.