Doo Prime, a pre-eminent online broker with financial technology at its core, recently released its March 2023 trading volume report.
March Trading Volume Overview 2023
- Total trading volume: USD88.23billion
- Most popular products: XAU/USD, EUR/USD, GBP/USD
- XAU/USD recorded the highest trading volume at USD51.10 billion
- XAU/USD saw the highest increase, up USD12.23 billion or 31.52%
According to the report, Doo Prime’s total trading volume in March 2023 sits at USD88.23 billion, an increase of 27.17% from the previous month. Apart from that, the average daily volume (ADV) in March was USD2.85 billion, an increase of approximately 18.86% from February.
Doo Prime has seen a sharp increase in trading volume since the beginning of 2023. Its trading volume in March continued to maintain an upward trend, with a month-on-month growth of 27.17%. Due to the negative impact of the US banking incident, market sentiment tends to be more risk-averse, pushing gold higher. The trading product XAU/USD also saw another significant increase in volume in March, with an increase of approximately USD12.25 billion. Year-to-date, Doo Prime’s total trading volume reached USD218.51 billion, an increase of approximately 92.8% compared to the same period last year.
According to the data, XAU/USD, EUR/USD and GBP/USD were the top choices for traders during the month, accounting for 83.80%. Among them, XAU/USD recorded the highest monthly trading volume of about USD51.10billion, while EUR/USD and GBP/USD had a total monthly trading volume of about USD22.84 billion.
In addition, XAU/USD saw the highest trading volume growth, increasing by USD12.23 billion or 31.52% from February.
As an industry-leading online broker, Doo Prime has been showing strong momentum in terms of trading volume. In the future, 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.
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Doo Prime is an international pre-eminent 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 holds 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.
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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 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.