IC Markets hits record November trading volume surpasses $1 trillionLast month’s trading volume surpassed the previous record set by the exchange in March.Sydney-based IC Markets, a foreign exchange and contracts for difference broker, announced on Monday that it recorded its highest monthly demand in November, as trading volumes for the month hit $1.016 trillion.The broker has seen a surge in trading volumes across all asset classes, driven by product diversification, growth in new markets and optimal trading conditions.Andrew Budzinski, CEO of IC Markets, said: "We are excited to provide more traders with a wider choice of trading instruments in more and more markets, so that they can take advantage of the best trading conditions while making it easier for them to trade. Portfolio diversification.$1 trillion markIC Markets is one of the few retail brokerage firms with a monthly trading volume exceeding $1 trillion. The Australian broker surpassed the milestone for the first time last March. In addition, its business benefited from a surge in demand for retail transactions amid increased market volatility in the wake of the pandemic's impact on the global economy.Additionally, transaction volumes have grown significantly in 2020, as they ended the year with a total transaction volume of $9.32 trillion.“Our traders stay with us to take advantage of the very competitive spreads we offer and our ultra-fast order execution. We work hard to ensure we deliver a high-performance trading experience that attracts and rewards A big fan of online traders.At the same time, the broker is focusing on strengthening its brand in global markets, especially in Europe. In addition, it has signed sponsorship deals with 12 football clubs in Spain and Germany. Recently, the broker became a member of the Financial Commission, which provides each client with a €20,000 fund protection.