English
+44 (0)207398 4050
German
+49 030 801 97 22 50
Score
Benchmark
A
Influence
AA
Score
License Index9.16
Business Index9.07
Risk Management Index9.92
Software Index9.75
Regulatory Index9.13
Benchmark
A
Influence
AA
Single Core
1G
40G
English
+44 (0)207398 4050
German
+49 030 801 97 22 50
More
Company Name
FXCM AUSTRALIA PTY LIMITED
Company Abbreviation
FXCM
Platform registered country and region
Australia
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
Stop Out
0.76%
Stop Out Symbol Distribution
6 months
The revenue of FXCM UK for 2021 was $13.6 million, a 12% decrease from $15.4 million in 2020. The company's net profit for the year decreased from $4.9 million in 2020 to only $227,982 in 2021, just over breakeven.
According to the plaintiffs, the truth about this financial relationship was revealed three years after it ended on February 6, 2017, when news broke that FXCM had settled with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) regarding its relationship with Effex.
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The Forex Capital Markets (FXCM) Group, a provider of online forex and contracts for difference (CFD) trading services, announced spread reductions on key currency pairs and indices on its platform on Monday.
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Larbi was most recently the Global Head of Retail Partnerships. He held that position for the last year and a half. He began his career at FXCM in 2007 as an FX Sales associate and worked his way up to senior management.
Global Brokerage Inc., owner of FXCM, an online Forex trading and CFD broker, released on Wednesday its unaudited financial results for the first quarter of 2022.
According to WikIFX, retail CFD/Forex Trader numbers and volumes remain at record levels with over of 8.5 million traders (excluding Japan) being active in the market as continued volatility and hedging requirements create demand for OTC derivative products.
The dollar index, which measures the greenback against a basket of six rivals, was steady at 94.327 after rallying 0.51% overnight. That lifted it into the positive for the week, adding 0.20%.
The revenue of the broker in the period came in at $15.46 million