FX and CFD broker Exness announced its trading volumes for July.
July marks the second highest monthly trading volume since the company was founded in 2008. The broker reported $595 billion in trading volume for last month. Exness registered 63% increase on yearly basis compared to the same period in 2019.
Exness reported that the high volumes for July were driven by the high market volatility due to the Covid-19 pandemic. Specific instruments such as gold were affected the most.
The growing client base of the broker have also been a contributing factor. More than 135,000 traders have boosted the trading volumes of the company. The record trading month remains March when the broker registered $785 billion monthly trading volume.
Reprinted from LeapRate, the copyright all reserved by the original author.
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