FCA and CySEC licensed Retail FX broker Exness has reported a 5% rise in FX trading volumes for the month of September 2018, following a relatively slow summer trading season.
September volumes came in at $349.1 billion at Exness, versus $331.9 billion in August. The $349.1 billion figure represented Exness’ fourth best ever month, behind just March-April-May 2018 when volumes topped $360 billion in each of those months.
Exness saw 44,537 active traders in September, down from 46,221 in August.
For the first nine months of 2018, Exness totaled more then $3 trillion of trading volumes ($3.093 trillion), and honored $296 million of client withdrawals.
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 (Q2-2018) for Exness can be seen here (pdf).
Exness held $46.9 million of client funds as at June 30, 2018. Its own funds amounted to $135.3 million. Those figures are also reviewed by Deloitte, as per this report (pdf).
As was exclusively reported at LeapRate in March, Exness has its sights set on expanding its presence in the UK, and recently injected £1.5 million of additional capital into its FCA licensed subsidiary. Mid last year Exness 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.