Doo Prime, a pre-eminent online brokerage group with FinTech as its core, recently released its March 2024 trading volume report.
March Trading Volume Overview 2024
- Total Trading Volume: USD 95.56 billion
- Most Popular Products: XAU/USD, EUR/USD, GBP/USD
- XAU/USD saw the highest trading volume at USD 67.11 billion.
- XAU/USD saw the highest increase, an increase of USD 22.60 billion or 50.70%.
According to the report, Doo Prime’s total trading volume in March 2024 is valued at USD 95.56 billion, an increase of 35.04% from the previous month. Furthermore, March’s average daily volume (ADV) is USD 3.08 billion, an expansion of 26.33% from February.
The global gold market has been active recently, with gold prices reaching record highs, attracting many investors to invest in gold. This gold price spike was supported by various reasons, including geopolitical tensions and the announcement of US Monetary policy. Furthermore, the increase in gold reserves by the central banks and market concerns about inflation have caused investors to enter the gold market due to risk aversion.
This has also led XAU/USD to be not only the product with the highest volume in March, but also the product with the greatest increase in trading volume.
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 248.78 billion, an expansion of 13.80% as compared to the same period last year.
According to the recorded data, XAU/USD, EUR/USD, and GBP/USD were the investors’ top picks, contributing 84.25% of March’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 67.11 billion; while EUR/USD and GBP/USD have a total monthly trading volume of USD 13.41 billion.
Besides, XAU/USD has the largest growth in the monthly trading volume, an increase of USD 22.60 billion or 50.70% as compared to February.
As an internationally leading online brokerage group, Doo Prime continues to show a 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 its clients are at the forefront of the industry.
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Our Trading Products
Securities | Futures | Forex | Precious Metals | Commodities | Stock Indices
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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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.
