Do not invest more money than you can afford to lose.
Forex Capital Markets (NYSE:FXCM), US largest retail forex broker in terms of clients’ deposits, reported its 2015 fourth quarter and full year financial results and February 2016 trading metrics.
Fourth Quarter 2015 Highlights:
- U.S. GAAP net revenues from continuing operations of $67.0 million ($93.5 million for Q4 2014)
- U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $85.7 million or $15.75(1) per fully diluted share, including a $99.9 million loss on derivative liability ($13.3 million net income in Q4 2014)
- U.S. GAAP net revenues from discontinued operations of $12.3 million
- U.S. GAAP net loss attributable to FXCM Inc. from discontinued operations of $19.3 million or $3.54 (1) per fully diluted share
- Adjusted EBITDA from continuing and discontinued operations of $12.6 million
- Strong combined operating cash position of $239.6 million and regulatory surplus of $82.2 million at December 31, 2015
February 2016 Customer Trading Metrics from Continuing Operations
Retail Customer Trading Metrics
- Retail customer trading volume(3) of $309 billion in February 2016, 7% lower than January 2016 and 36% higher than February 2015.
- Average retail customer trading volume(3) per day of $14.7 billion in February 2016, 11% lower than January 2016 and 29% higher than February 2015.
- An average of 654,287 retail client trades per day in February 2016, 5% lower than January 2016 and 45% higher than February 2015.
- Active accounts(4) of 175,522 as of February 29, 2016, an increase of 3,627, or 2%, from January 2016, and an increase of 6,374, or 4%, from February 2015.
- Tradeable accounts(5) of 165,279 as of February 29, 2016, an increase of 2,643, or 2%, from January 2016, and a decrease of 19,198, or 10%, from February 2015.
Institutional Customer Trading Metrics
- Institutional customer trading volume(3) of $53 billion in February 2016, 47% higher than January 2016 and 18% higher than February 2015.
- Average institutional trading volume(3) per day of $2.5 billion in February 2016, 39% higher than January 2016 and 14% higher than February 2015.
- An average of 50,373 institutional client trades per day in February 2016, 24% higher than January 2016 and 380% higher than February 2015.
Find the full report here.
