11/30/2023
⚡ BEST BROKERZ ⚡
Largest Forex Brokers in 2023
Below are the largest forex brokers
in the world by average daily trading volume:
Broker
Daily Volume
1
Exness
130 billion USD
🥇
2
IC Market
46 billion USD
🥈
3
Ava Trade
21 billion USD
🥉
4
XM Global
16 billion USD
5
HF Market
14 billion USD
The above brokers are the only five brokers
that had an average daily turnover higher than 10 billion dollars in the first half of 2023.
Exness is the undisputed leader with a daily
volume almost three times higher than the second place.
The next four largest brokers, from second to fifth place, have a combined daily volume of 96 billion, which is only three quarters the trading volume of Exness.
In 2020, the average daily volume
of Exness was around 20 billion, but it almost doubled every year since then, growing by 6.5 times in only three years.
It is the most spectacular growth in trading volume for a major forex and CFD broker, and it can be attributed to the huge success enjoyed by Exness in Asia, Latin America, Africa and the Middle East. However, Exness does not accept traders from Europe, the United States and Canada.
What sets Exness apart from other brokers is the instant withdrawal feature and the very low spreads. The combination of low trading costs and the possibility to instantly withdraw your funds have made Exness a huge success among very active traders.
In terms of the number of active clients, Exness is still the leader with over 570,000 active traders.
The second place in terms of both volume and the number of active clients is taken by IC Markets, with a daily volume of 46 billion dollars and over 200,000 active clients. IC Markets is the largest broker that accepts European clients, since Exness is not available in the European Union.
In terms of client withdrawals, the leader is still Exness, with $1.31 billion in withdrawals in the second quarter of 2023 (April to June).
More information about the largest brokers:
Licenses:
FCA (Financial Conduct Authority) - United Kingdom
CySEC (Cyprus Securities and Exchange Commission) - Cyprus
FSCA (Financial Sector Conduct Authority) - South Africa
FSA (Financial Services Authority) - Seychelles
FSC (Financial Services Commission) - British Virgin Islands
FSC (Financial Services Commission) - Mauritius
CBCS (Central Bank of Curaçao and Sint Maarten) - Curaçao and St. Maarten
Minimum deposit:
$10 (we recommend a minimum investment of $200)
Trading Platforms:
MT4, MT5, Exness Trader App, Exness Terminal
Interesting facts:
Exness has over $3.9 trillion in trading volume per month with more than 570,000 active clients. At Exness withdrawals are carried out in seconds with no manual processing, including on weekends.
Website:
Online trading on Exness' powerful trading platform with better-than-market conditions on the world's financial markets. Always trade responsibly ✓
