Doo Prime, a pre-eminent online broker group with financial technology at its core, recently released its July 2023 trading volume report. 

July Trading Volume Overview 2023 

• Total trading volume: USD91.99 billion 
• Most popular products: XAU/USD, EUR/USD, GBP/USD 
• XAU/USD saw the highest trading volume at USD61.73 billion 
• XAU/USD saw the highest increase, up USD12.38 billion or 25.09% 

According to the report, Doo Prime’s total trading volume in July 2023 sits at USD91.99 billion, a slight increase of 17.68% from the previous month. On top of that, the average daily volume (ADV) in July was USD2.97 billion, an increase of approximately 13.88% from June. 

In July, business activity in the United States and the European region both slowed down and contracted more than the market expected, exacerbating fears of a global recession. In this case, risk aversion has led investors to buy gold to avoid risk. XAU/USD was not only the most traded product in July, but also the product with the largest increase in trading volume. Since the beginning of 2023, Doo Prime has shown a stable trend overall. To date, Doo Prime’s total trading volume reached USD544.38 billion, an increase of approximately 44.3% compared to the same period last year. 

According to the data, XAU/USD, EUR/USD, GBP/USD were the top choices for traders during the month, accounting for 82.71%. Among them, XAU/USD recorded the highest monthly trading volume of about USD61.73 billion, while EUR/USD and GBP/USD had a total monthly trading volume of about USD14.36 billion.     

In addition, XAU/USD saw the highest trading volume growth, an increase of USD12.38 billion or 25.09% compared to June.    

As an industry-leading online broker, Doo Prime has been showing strong momentum in terms of trading volume. Doo Prime aspires to continuously build a global financial technology system and a comprehensive financial ecosystem. Doo Prime will strive for excellence through its journey of leading the new fintech era, keeping its clients at the forefront in the industry.      

About Doo Prime 

Our Trading Products      

Securities | Futures | Forex | Precious Metals | Commodities | Stock Indices  

Doo Prime is an international preeminent online broker under Doo Group, which strives to provide professional investors with global CFD trading products in Securities, Futures, Forex, Precious Metals, Commodities, and Stock Indices. At present, Doo Prime is delivering the finest trading experience to more than 90,000 clients, with an average trading volume of more than USD 51.223 billion each month.  

Doo Prime entities respectively hold the relevant financial regulatory licenses in Seychelles, Mauritius, and Vanuatu with operation centers in Dallas, Sydney, Singapore, Hong Kong, Dubai, Kuala Lumpur, and other regions.  

With robust financial technology infrastructure, well-established partnerships, and an experienced technical team, Doo Prime boasts a safe and secure trading environment, competitive trading costs, as well as deposit and withdrawal methods that support 20+ different currencies. Doo Prime also incorporates 24/7 multilingual customer service and extremely fast trade execution via multiple industry-leading trading terminals such as MT4, MT5, TradingView, and Doo Prime InTrade, covering over 10,000 trading products.  

Doo Prime’s vision and mission are to become a financial technology-focused broker, streamlining international global financial products investment.   

For more information about Doo Prime, please contact us at:  

Phone:  
Europe: +44 11 3733 5199  
Asia: +852 3704 4241   
Asia – Singapore: +65 6011 1415  
Asia – China: +86 400 8427 539  

E-mail:     
Technical Support: [email protected]  
Account Manager: [email protected]   

Forward-looking Statements  

This article contains “forward-looking statements” and may be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “plan”, “potential”, “predict”, “should”, or “will”, or other variations thereon or comparable terminology. However, the absence of such terminology does not mean that a statement is not forward-looking. In particular, statements about the expectations, beliefs, plans, objectives, assumptions, future events, or future performance of Doo Prime will be generally assumed as forward-looking statements.   

Doo Prime has provided these forward-looking statements based on all current information available to Doo Prime and Doo Prime’s current expectations, assumptions, estimates, and projections. While Doo Prime believes these expectations, assumptions, estimations, and projections are reasonable, these forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond Doo Prime’s control. Such risks and uncertainties may cause results, performance, or achievements materially different from those expressed or implied by the forward-looking statements.   

Doo Prime does not provide any representation or warranty on the reliability, accuracy, or completeness of such statements. Doo Prime is not obliged to provide or release any updates or revisions to any forward-looking statements.  

Risk Disclosure  

Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance.  Investments in certain services should be made on margin or leverage, where relatively small movements in trading prices may have a disproportionately large impact on the client’s investment and client should therefore be prepared to suffer significant losses when using such trading facilities.   

Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with Doo Prime’s trading platforms. You should seek independent professional advice if you do not understand any of the risks disclosed by us herein or any risk associated with the trade and investment of financial instruments. Please refer to Doo Prime’s Client Agreement and Risk Disclosure and Acknowledgement Notice to learn more. 

Disclaimer  

This information is addressed to the general public solely for information purposes and should not be taken as investment advice, recommendation, offer, or solicitation to buy or sell any financial instrument. The information displayed herein has been prepared without any reference or consideration to any particular recipient’s investment objectives or financial situation. Any references to the past performance of a financial instrument, index, or a packaged investment product shall not be taken as a reliable indicator of its future performance. Doo Prime and its holding company, affiliates, subsidiaries, associated companies, partners and their respective employees, make no representation or warranties to the information displayed and shall not be liable for any direct, indirect, special or consequential loss or damages incurred as a result of any inaccuracies or incompleteness of the information provided, and any direct or indirect trading risks, profit, or loss arising from any individual’s or client’s investment.