Exness Launches Branch in Uruguay

Exness, a top forex and CFD broker, has announced the inauguration of its new offices in Uruguay. This inauguration reflects the broker's plans for regional expansion, especially in Latin America.

Details of Exness New Urguarian Offices

Exness Urguarian offices were opened with the aim to enhance its customer service activities. The broker also aspires to extend its workforce to accommodate 100 employees across its Urguarian offices by the end of 2023.

Exness strategically selected Uruguay because its population of over 3.5 million people affords the broker raw trading talent. The broker also chose the country as its first Latin American base because of its political and economic stability. 

Exness' Chief Business Development Officer, Artem Seledtsov, has described its opening in Uruguay as a significant accomplishment. He described the broker's plan to hire natives as 

"an essential aspect of the company's expansion ambitions." In his words, the broker is "very enthusiastic about this and cannot wait to see the LatAm plans come to fruition."

Exness' Track Record

The retail broker has aggressively increased its presence in developing Asian and African markets and its substantial presence in its European base. Currently, the broker is authorized by watchdogs in the UK, South Africa, Cyprus, Mauritius, Kenya, Curaçao, Sint Maarten, BVI, and Seychelles.

Exness has also been setting records in the retail brokerage sector. In 2021 alone, the broker surpassed the industry record for trading metrics and became the first non-Japanese broker to surpass the $1 trillion monthly trading volume milestone. The broker has maintained this momentum and is rated as one of the best brokers in 2023.

About Exness

Exness Trading Corporation was launched into the forex market in 2008. Due to its presence in many regions and over 130 countries, the broker is licensed by many financial authorities. These authorities include the FCA, CBCS, CySEC, and CMA.

The broker is one of the financial market players who have made provision for a force majeure, being a member of the Financial Commission. Its clientele gets insurance coverage of up to EUR 20,000.

Exness currently maintains the top spot in forex ratings. The broker has an overall monthly trading volume of 325.8 billion USD. It also offers its clientele various trading options on cryptocurrencies, stocks, energy, and metals, with more than 120 currency pairings.

The broker is popular among traders for its quality trading services, including cheap commission, quick order execution, and easy withdrawal. The platform also affords first-time traders as well as professional traders the opportunity to operate their preferred trading accounts.