Doo Prime, a pre-eminent online brokerage group with FinTech as its core, recently released its April 2024 trading volume report.
April Trading Volume Overview 2024
- Total Trading Volume: USD 109.69 billion
- Most Popular Products: XAU/USD, EUR/USD, GBP/USD
- XAU/USD saw the highest trading volume at USD 82.97 billion.
- XAU/USD saw the highest increase, an increase of USD 15.90 billion or 23.64%.
According to the report, Doo Prime’s total trading volume in April 2024 is valued at USD 109.69 billion, an increase of 14.79% from the previous month. Furthermore, April’s average daily volume (ADV) is USD 3.66 billion, an expansion of 18.61% from March.
The gold prices have returned to normal after a price rally in April, and the mixed results of the key economic data have caused investors to foster a “wait and see” approach in the market. Additionally, the worsening of the Middle East conflicts has further led the investors’ anxiety to rise. Therefore, investors have chosen to go with a more stable investment option, and gold has been viewed as one of the primary investment products for risk aversion.
Therefore, XAU/USD is still the product with the highest trading volume and the highest growth in trading volume in April.
Since the beginning of 2024, Doo Prime’s trading volume has been in a stable state. Year to date, Doo Prime’s total trading volume is valued at USD 358.47 billion, an expansion of 22.78% as compared to the same period last year.
According to the recorded data, XAU/USD, EUR/USD, and GBP/USD were the investor’s top picks, contributing 86.98% of April’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 82.97 billion; whole EUR/USD and GBP/USD have a total monthly trading volume of USD 12.44 billion.
Besides, XAU/USD has the largest growth in the monthly trading volume, an increase of USD 15.90 billion or 23.64% as compared to March.
As an internationally leading online brokerage group, Doo Prime continues to show strong momentum in the trading volume. In the future, Doo Prime will continue to develop a global FinTech system and build a comprehensive financial ecosystem, striving to lead the FinTech transformation in this era, ensuring that our clients are at the forefront of the industry.
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Doo Prime, an international preeminent online broker under Doo Group, 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 200,000 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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