Exness October FX volumes off 4% MoM to $209 billion


Retail forex broker Exness has reported its FX volume and operating results for October, indicating a slight 4% decline in activity MoM from September to $208.9 billion. Still, a fairly good result given that September was Exness’ second best month of 2016, after record monthly volumes of $253 billion recorded in July in a very active and volatile post-Brexit environment.

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October also saw a record 39,911 active clients trading via Exness.

For the first ten months of 2016, Exness has seen $1.99 trillion in total trading volume.

Exness also released its Q3 audited volumes, customer activity and partner activity report. The report, prepared by international accounting firm Deloitte, indicates that in the first nine months of 2016 Exness has honored a total $245 million in total client withdrawals, and has paid out $38 million in total partner rewards – including a record $17 million during Q3. The Deloitte Independent Assurance Report for Q3 for Exness can be seen here.

CySEC regulated Exness revealed back in September that it had also received an FCA license for its new UK subsidiary, with plans to expand in the UK and Europe, as well as in the institutional eFX space.

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Exness October FX volumes off 4% MoM to $209 billion

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