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GemForex | Numbers Outlook – September 2022

GEMFOREX | 2022-11-08 21:17

Abstract:performance, growth, summary, estimation

Total Trading Volume during the Month of September 2022had reached over $426 billion,which is 6% higher year-over-year when compared with September 2021 and a 9% increase from the previous month of August 2022 (392 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 53.477 with 4.74 million unique trades which is an increase year-over-year when compared to September 2021 with the respective numbers being 43,365 (23% increase)and 3.43 million (38% increase). The numbers for the previous average 12 months, ending September 2022, were 50k (7% lower)and 4.3 million (10% lower)respectively.

During September 2022, the company processed over $56 millionin Client Withdrawals, with the Partner Rewards payouts reaching $6.4 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.

Trading Volume

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Not Regulated
GEMFOREX
Company name:GEMFOREX LIMITED
Score
1.49
Website:https://www.gemforexglobal.com
5-10 years | Questionable Regulatory License | Suspicious Operational Region | Derivatives Trading License (EP)
Score
1.49

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