Exness, a Cyprus-based multi-asset broker, has initiated the year 2024 on a positive note, witnessing a significant increase in trading volumes for January over December 2023. Despite the fewer trading days in December and January, attributed to holiday seasons, the broker managed to draw impressive client trading activity, though it fell short of surpassing the $4 trillion mark in monthly volumes achieved in the latter half of 2023.

For January 2024, Exness reported client trading volumes of $3.868 trillion, marking a 7% increase from December 2023’s volumes of $3.607 trillion. While these figures do not quite reach the broker’s all-time high monthly volumes of $4.803 trillion recorded in October 2023, January saw a remarkable surge in the number of active traders. Exness achieved a new milestone with a record 722,452 clients globally engaging in trading activities during the month.

The beginning of 2024 has been eventful for Exness, with the broker making headlines for a major rebranding initiative. Additionally, the company announced the departure of its Chief Customer Officer (CCO), Damian Bunce, marking a significant change in its executive team.

These developments underscore Exness’s continued growth and its ability to attract a substantial trading community, despite the typical slowdown in trading activities during the holiday seasons. With its strong start to the year and strategic initiatives underway, Exness is well-positioned for sustained success in the competitive forex and multi-asset brokerage landscape.