Doo Prime, a pre-eminent online broker with financial technology at its core, recently released its April 2023 trading volume report.
April Trading Volume Overview 2023
- Total trading volume: USD70.50 billion
- Most popular products: XAU/USD, EUR/USD, GBP/USD
- XAU/USD saw the highest trading volume at USD40.82 billion
- USD/CHF saw the highest increase, up USD375 million or 78.88%
According to the report, Doo Prime’s total trading volume in April 2023 sits at USD70.50 billion, a decrease of 22.68% from the previous month. Apart from that, the average daily volume (ADV) in April was USD2.35 billion, a decrease of approximately 20.10% from March.
Gold rose 9% in the first quarter of 2023 in March, driven by bond market volatility and risk aversion, as Doo Prime saw an explosion in trading volume. The second quarter started with the release of various important economic data and the adjustment of the United States Federal Reserve’s monetary policy. The market was in a wait-and-see situation, and the trading volume gradually slowed down in April. However, Doo Prime has shown a solid overall upward trend in trading volume since the beginning of 2023. To date, Doo Prime’s total trading volume reached USD291.97 billion, an increase of approximately 73.5% 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 84.23%. Among them, XAU/USD recorded the highest monthly trading volume of about USD40.82 billion, while EUR/USD and GBP/USD had a total monthly trading volume of about USD18.57 billion.
In addition, USD/CHF saw the highest trading volume growth, up USD375 million or 78.88%.
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.
| About Doo Prime
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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.
For more information about Doo Prime, please contact us at:
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