GemForex | Numbers Outlook – August 2022

Total Trading Volume during the Month of August 2022had reached over $393 billion,which is at the same levels year-over-year when compared with August 2021 and a 16% increase from the previous month of July 2022 (339 billion). 

Other client-centric parameters for the Company are also on a healthy uptrend. The number of Active Traders is showing a steady increase during the Month reaching 49,171 with 4.34 million unique trades which is an increase year-over-year when compared to August 2021 with the respective numbers being 41,294 (19% increase)and 4.3 million (38% increase). The numbers for the previous average 12 months, ending August 2022, were 49k (no change)and 4.3 million (no change)respectively.

In August 2022, the company had processed over $47 millionin Client Withdrawals, with the Partner Rewards payouts reaching $5.42 millionfor the month. The Client withdrawals are maintained at a lower level than the average of the last 6 months, indicating that there is the retention of funds and their circulation in the trading platforms.