EXNESS reports $166.4bn of trade volume in March – an all time record


EXNESS is reporting a blowout month in terms of trading volume, while adding 18,284 new accounts

Volume numbers at LeapRate approved FX broker EXNESS have hit an all-time high for March soaring to $166.4 billion. This is a 17% increase from February volumes which clocked in at $141 billion. The previous high was in January 2014, when volumes of $150 billion were reported. March 2013 volumes stood at $111 billion, an almost 50% increase year over year.

The company should increase its average monthly volume in 2014 from the year prior, and is off to a blistering pace. In 2013, the company’s average monthly volume was at $120 billion. Through the 1st quarter of 2014, the average monthly volume comes in at $152.3 billion!

exnessupdatedchart

It will be interesting to see if company results will be affected going forward by their recent decision to turn its back on New Zealand regulation as result of regulatory changes, and instead establish both its corporate base and its commercial registration in the island of St. Vincent and the Grenadines.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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EXNESS reports $166.4bn of trade volume in March - an all time record

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