December was a period of low trading market activity due to the holidays. This has had some impact on liquidity and traders are mostly looking for a possible easing of volatility. But Exness told a different story that month.
The multi-asset forex broker platform continued its trading volume momentum, refusing to go below $3 trillion. Although there was a clear downward trend compared to the previous month, Exness relied on its global product and customer base to ensure that this did not hinder the platform from finishing 2023 on a positive note.
Exness is known for its 24/7 operation and near-instant withdrawals. It thrives on a list of tools such as analysis tools, economic calendars, and investment calculators. It’s safe to say that Exness averages out pretty good numbers almost every time its report comes out.
Exness average for 2023
In December 2023, Exness’ customer trading volume was $3.607 trillion. This is impressive, Considering that it accounts for the majority of the market hit Because of the holidays. The market is praising this figure in part because it has enabled the multi-asset broker to sustain growth above the $3 trillion threshold.
December’s figures are lower compared to November 2023. Volume was $3.935 trillion, with ~8% of slips entering the books. As a reminder, this fall is a holiday season and our community knows it. Exness’ annual trading volume averaged $3.72 trillion. This is a 64% increase compared to the previous year. The average monthly figure was $2.27 trillion.
One of the achievements Exness is proud to record is its top milestone in October 2023. According to a published report, CFD and Retail FX broker trading reached $4.8 trillion, an all-time market high. The fourth quarter was exceptional in terms of customer withdrawals.
They are able to process $1.628 billion worth of withdrawal requests utilizing their near-instant withdrawal feature. Partner committees paid $132.2 million. There were many active customers participating in the trade in December. This comes out to 685,375 active clients. This is less than the 688,245 in November.
Nonetheless, the question arises as to what makes Exness one of the most popular platforms on the market, as highlighted in our report. Exness Reviews.
First of all, Exness’ trading volume in December reflects how easy it is to trade. It is also based on the convenience of registering on the platform. It takes about 3 minutes to get started, after which you will have access to different categories of trading accounts. You can perform standard trading, professional trading, social trading, deposits and withdrawals, etc.
Exness also gives you access to global currency, stock and commodity markets. This continues to expand Exness’ customer base globally, and the latest figures make this even clearer. The platform provided by Exness demonstrates ease of use and comfort to its customers. These include trading apps, terminals, MetaTrader 5 and MetaTrader 4. Additionally, products such as Forex CFDs, stock CFDs, commodity CFDs, cryptocurrency CFDs and index CFDs allow clients to choose the product that suits them best.
Simply put, there are options available to proceed with the account type and instrument the customer wishes to trade. When combined, Exness delivers the numbers the market expects. Exness’s average trading volume in 2023 solidifies its position in the market as one of the leaders and players that others can look forward to.
conclusion
Exness recorded $3.607 trillion in customer trading volume, compared to a monthly average of $3.72 trillion this year. Although the numbers are lower than in November, Exness is confident that it will gain further momentum in the coming months as the number of active customers making trades has become sustainable.