Online trading services provider Exness Group today published a “Report of Factual Findings on Exness’ funds” conducted by international audit expert Deloitte, reiterating its advocacy of increased transparency in the FX industry. The report has confirmed Exness to have $83.78 million of own funds.
Exness is publishing annual funds audit on top of quarterly publications of reports on trading volumes, clients’ withdrawals, and partners’ commissions.
The report shows that in less than a year (from January 20 to December 31, 2015), Exness’ total funds grew by 60.7% to US$106.68 million, with a 63.9% and 50.2% increase in own and clients’ funds respectively. The report also shows majority of funds being Exness’ own – totaling to US$83.78 million (78.5% of total funds) – with clients’ funds at US$22.90 million.
Exness Group’s CEO Petr Valov said,
“Every client and partner of Exness Group should have access to factual information about the Group’s financial indicators. When we announce our leading positions in the industry, we support it with figures confirmed by independent experts.”
For the full announcement from Exness, click here.
For the full report from Deloitte, click here.