GEMFOREX Numbers Outlook – November 2022

Total Trading Volume during the Month of November 2022had reached over $688 billion,which is 24% higher year-over-year when compared with November 2021 ($554 billion) and a 59% increase from the previous month of October 2022 (409 billion). 

Other client-centric parameters for the Company are also on a healthy uptrend. The number of Active Traders is showing a steep increase during the Month reaching 71,203 with 5.9 million unique trades, which is an increase year-over-year when compared to November 2021 with the respective numbers being 50,225 (42% increase)and 4.3 million (35% increase). The numbers for the previous average 12 months, ending November 2022, were 53,2k (34% higher)and 4.6 million (28% increase)respectively.

During November 2022, the company had processed over $100,4 millionin Client Withdrawals, with the Partner Rewards payouts reaching $8,46 millionfor the month. The Client withdrawals maintained higher than the average of the last 6 months, but considering the increased Volume, the indicators show that there is the retention of funds and their circulation in the trading platforms.