Having recorded the largest trading volume achievement exceeding $1 trillion in October, Exness is now developing a decentralized server for Indonesian clients.
Headquartered in Cyprus, Exness is a multi-asset broker that offers services not only to European, but also Asian and Middle Eastern traders with a number of licenses from around the world, including FCA and CySEC. Recently Exness also managed to obtain a license from FSCA South Africa.
Forex trading volume increases as economic uncertainty arises due to high inflation and a limited supply chain, which pushes investors back into the market. Several brokers reported an increase in their trading volume, including Exness.
After hitting a record high in July with trading volume of $974.5 billion, broker Exness has just crossed the $1 trillion mark during the month of October. This achievement has been confirmed by the Head of Trading Product Exness, Stanislav Bublik.
Bublik said that the extraordinary turnover was the first time for Exness. He also feels proud of all of his colleagues and the Exness team because this would not have been possible without their hard work.
Previously, in September Exness' trading volume increased due to high volatility caused by the announcement of the central bank's policy. In September, Exness posted a 7.7 percent increase to $947 billion compared to August's $879 billion.
Based on year-on-year calculations, the turnover of this free VPS hosting provider has increased by 58 percent compared to the same month in 2020.
This ongoing relief makes Exness one of the few brokers who make it through $1 trillion in monthly trading activity.
Server Decentralization For Indonesian Clients
Despite having managed to rake in $1 trillion in volume, Exness continues to innovate to provide the best trading experience possible. Recently Exness offered decentralized servers for Indonesian clients. Decentralization is a method of removing power from a central authority. Decentralization has the potential to revolutionize business systems because it can provide a more efficient and faster way.
The CySEC regulated broker has also decided to decentralize its MetaTrader servers, thus enabling the deployment and distribution of operations to various regions.
Recently, Exness launched a new server site in Singapore serving clients from various Asia Pacific countries, including Indonesia. Since the release of these servers, it is evident that Exness' clients have seen an increase with the opening of 20,000 new real trading accounts with a trading volume of over $7 billion.
Furthermore, Exness plans to add decentralized servers to improve client trading conditions and experience as well as speed up execution and connection stability.
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