IC Markets' March Trading Volume Tops $1 Trillion

ASIC-licenced forex and CFD broker, IC Markets, rumored record trading volumes of $1.04 one million million in Parade 2021. The latest figures even puzzle out the volumes seen in March of the previous class where COVID-19 led to a flurry of food market activity. The recent monthly stats also mean United States Intelligence Community Markets posted Q1 trading volumes of $2.84 trillion, another record for the broker.

Increased Demand Among Retail Traders

National Intelligence Community Markets power saw uptake crosswise its merchandise range, including forex, stocks, cryptos, commodities and futures. The increase in demand also comes after the broker expanded its option of digital currencies with Ethereum, Litecoin, Bitcoin Cash and Dash, in addition to introducing a collection of favourite share CFDs. The move caught the attention of a act of future retail traders and helped the broker to radiate its client unethical.

Commenting on the 19 percent increase in the 2021 Q1 figures, IC Markets CEO, Saint Andrew Budzinksi, noted "Our focus has been on providing our customers with the go-to-meeting possible trading experience. By offering more choice, our clients can now diversify their portfolio into new plus classes.

Though lockdowns to check into the spread head of Coronavirus stalled the global economy severely, brokers gained a windfall out-of-pocket to traders' availableness and activity in a volatile market. IC Markets reported a total annual bulk of $9.32 one million million for 2020 and is straightaway expecting to put over another record year if the Q1 style continues."

About 99 Markets

IC Markets is among the best online trading brokers. With all over a decennary operative in the financial markets, the company has couth its offering to provide a top-tier trading experience for clients. Users can access MetaTrader 4, MetaTrader 5, and cTrader. All platforms are available on desktop and mobile devices and forebode instant and pending order types, in addition to automated trading.

IC Markets is thermostated in Australia besides as holding a licence with the CySEC in Europe. The forex broker offers an encompassing portfolio of trading products alongside purchase capable 1:500 and zero-pip spreads. Throw in a overnight list of deposit and drug withdrawal methods plus a choice of live accounts to become varying needs, and it's perhaps unsurprising that the broker's trading volumes are on the rise.

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April 8, 2021 by DayTrading.com

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Source: https://www.daytrading.com/ic-markets-march-trading-volume-tops-1-trillion

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IC Markets' March Trading Volume Tops $1 Trillion - davisunuter