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Doo Prime, a pre-eminent online broker with financial technology at its core, recently released its January 2023 trading volume report.
January Trading Volume Overview 2023
Total trading volume: USD60.90 billion
Most popular products: XAU/USD, EUR/USD, USD/JPY
XAU/USD recorded the highest trading volume at USD30.62 billion
EUR/USD saw the highest increase, up USD7.42 billion or 70.29%
According to the report, Doo Prime’s total trading volume in January 2023 sits at USD60.90 billion, an increase of 12.91% from the previous month. Apart from that, the average daily volume (ADV) in January was USD1.96 billion, an increase of approximately 12.91% from December last year.
Doo Prime started the year of 2023 with a surprising performance in terms of trading volume. The trading volume in January 2023 saw an increase of 12.91% compared to December last year. In previous years, the beginning of spring was also a popular trading moment for investors. To some extent, it indicates that consumption may have ushered in a recovery and the economic momentum is expected to rise sharply. In the year of 2023, Doo Prime’s trading volume has reached USD60.902billion, an increase of 67.12% compared to the same period last year.
According to the data, XAU/USD, EUR/USD and USD/JPY were the top choices for traders during the month, accounting for 83.51%. Among them, XAU/USD recorded the highest monthly trading volume of about USD30.62 billion, while EUR/USD and USD/JPY had a total monthly trading volume of about USD20.23 billion.
In addition, EUR/USD saw the highest trading volume growth, increasing by USD7.42 billion or 70.29% from December 2022.
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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