How Old Is Exness Broker?
Founded in 2008, Exness will be 16 years old in 2024. Its services have, over the years, helped many traders gain the experience and response that they have never received before.
About Exness Broker
Exness is a free online broker that allow trades for forex, commodities, cryptos and many more. Its platforms, spreads, and customer service are a differentiator. In addition, the business works in many countries and is regulated by several regional authorities, making it a trustworthy company.
Popular trading platforms such as MetaTrader 4 and MetaTrader 5 are currently being utilized by Exness, which makes available many powerful analysis and trading tools for traders. With trading costs kept low, and leverage options tailored for a spread of account types from Novice through to Expert traders, the company is an attractive invitation in a booming business.
Year of Foundation and Start of Work of Exness
Exness was established in 2008, when it launched its operations as an online broker. However, the company was founded to provide transparent and reliable trading solutions. Exness initially concentrated on great platforms, competitive support, and favourable trading terms for traders. Over the years, it started to grow fast bringing structures around the world.
Main Stages of Development and Growth of the Company
Exness has grown steadily since its founding in 2008. Here are some key milestones in its development:
| Year | Milestone |
| 2008 | Exness was founded and launched its first trading platform. |
| 2010 | Introduced multiple account types and improved trading conditions. |
| 2012 | Became one of the top brokers in Russia and Eastern Europe. |
| 2014 | Reached over $150 billion in monthly trading volume. |
| 2017 | Expanded services to Asia and the Middle East. |
| 2020 | Hit $2.8 trillion in monthly trading volume. |
| 2023 | Launched the Exness Trader app for better user experience. |
These milestones demonstrate Exness development, how it has enhanced its services over the years, opened their doors in the international markets and achieved the largest customer base. Now Exness is one of the top brokers in the market.
Expansion of Geographical Presence of Exness
Exness has expanded its reach across the globe since it was founded in 2008. Here are the key steps in its growth:
- 2008-2010: Focus on Russia and Eastern Europe
Exness started by focusing on the Russian market and Eastern Europe, building its first group of clients in these regions. - 2011-2014: Expansion into Asia
The company later began to build an Asian empire, known to enter markets like China, India and Southeast Asia where online trading was beginning to boom. - 2014-2017: Growth in the Middle East
The broker began providing its services in Middle Eastern nations including the UAE, Saudi Arabia and Egypt. - 2015-Present: Reaching Latin America
Exness expanded into Latin American countries like Brazil and Mexico, growing its client base in the region. - 2020-Present: Global Presence in Over 130 Countries
Today, Exness operates in over 130 countries, serving clients worldwide with local support in many languages.
Exness has successfully adapted to different regions, building trust and expanding its services globally.
Key Business Indicators of the Company Over the Years of Its Existence
Exness has seen strong growth in several key areas. Here are some important figures over the years:
| Year | Monthly Trading Volume | Number of Clients | Countries of Operation |
| 2015 | $50 billion | 40,000 | 15 |
| 2017 | $300 billion | 100,000 | 30 |
| 2020 | $2.8 trillion | 150,000 | 60 |
| 2023 | $3.5 trillion | 200,000 | 130 |
The numbers demonstrate Exness’ growth in trading volume, number of clients, and countries of operation. Such stable growth of this indicator is evidence of the successful performance of scrolling for a global leader in the field of online trading.
Frequently Asked Questions (FAQ)
When was Exness founded?
Exness was founded in 2008. Now, it has developed into one of the most reputable brokers for online trading purposes.
What were the key milestones in the growth of Exness?
Exness milestones and achievements in its journey 2008 — company founded and first trading platform launched In 2010 Exness was able to provide different account types for traders. It reached $150 billion in monthly trading volume in 2014. Exness launched in Asia and the Middle East in 2017. In 2020, it surpassed a monthly trading volume of $2.8 trillion. In 2023, Exness released its own Exness Trader app to enhance user experience.
How has Exness expanded its services over the years?
Over the years, Exness expanded to more trading products. It initially focused on forex and over time, expanded to include commodities stocks and cryptocurrencies. Exness also updated its trading platforms such as MetaTrader 4, MetaTrader 5 and Exness Trader app. Exness has expanded its reach to more than 130 territories, with support in multiple languages and currencies. It has also strived to ensure it complies with local rules and regulations to give customers around the globe a safe trading environment.
In which countries is Exness currently operating?
Exness, a trusted name in the world of Forex, offers services in more than 130 countries. It also has a reputable presence in regions such as Europe, Asian, Middle east, African and Latin America.
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