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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Africa»$1 Trillion Multi-Asset Broker Exness Expands its Presence in Africa
    $1 TRILLION MULTI-ASSET BROKER EXNESS EXPANDS ITS PRESENCE IN AFRICA

    $1 Trillion Multi-Asset Broker Exness Expands its Presence in Africa

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    By Oluwasegun Olukotun on January 11, 2022 Africa, Financial Services, Investments

    One of the biggest multi-asset brokers in the world, Exness, has announced plans to continue to expand its presence in Africa in 2022.

    The Exness Group offers a wide range of financial instruments, including currency pairs, metals, cryptocurrencies, energies, indices, and stocks.

    The company has also has built a strong presence in Africa over the past year, licensed by the South African regulator, Financial Sector Conduct Authority (FSCA), and will look to expand to countries like Uganda and Rwanda in 2022, where anyone with a serious interest in accessible and affordable investment options can benefit from the broker’s innovative technology and excellent trading conditions.

    The leading broker has had tremendous success and growth in its 13-year history and recently surpassed the $1 trillion mark in monthly trading volume (October 2021). This momentous milestone establishes the already successful broker’s leading presence in the financial markets landscape.

    Exness has been consistently one of the top 5 brokers, shy of the $1 trillion mark for a few months now, averaging $843 billion in 2021 with its previous highest peaking at $947 billion in July 2021. Exness has also had a 58% year-over-year increase in trading volume and over 200,000 active clients (June 2021) – a number that is also more than double from last year (June 2020).

    Exness heavily invests in developing technologies, algorithms, and products that will result in fast execution, stable pricing, and low to zero commissions and spreads, in addition to features that give traders an extra layer of protection during volatile markets.

    Last but not least, it is worth noting that Exness invests heavily in corporate social responsibility in every region it operates in. Just a few months ago, Exness donated $50,000  in aid of the COVID-19 third wave initiatives to the Gift of the Givers Foundation in South Africa.

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    Oluwasegun Olukotun

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