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Revenue up 78% from 2007
For Immediate Release:
Media Contact: Jaclyn Sales, jsales@fxcm.com
New York, February 25, 2009―FXCM Holdings LLC (www.fxcm.com) has announced its 2008 yearly revenue.
Revenue for 2008 was US$313,628,084 which almost doubled from 2007’s yearly revenue of US$ 175,773,888, an increase of 78%.
These are consolidated results for FXCM Holdings, LLC, which is composed of Forex Trading LLC; Forex Capital Markets LLC; Forex Capital Markets LTD; FXCM Australia LTD; FXCM Asia LTD; and FXCM Canada LTD.
FXCM’s 2008 Milestones:
• Total new accounts opened during the year on FXCM’s platforms increased by 66% year-over-year.
• Notional USD volume across FXCM’s trading platforms was US$6.8 trillion in 2008.
• EBITDA for 2008 was US$131,954,102, an increase of 365% year-over-year.
FXCM expects 2009 to be a year of continued growth as a result of the company increasing its market share, and the sustained growth of the retail forex industry. FXCM believes it will win business by continuing to develop new products based on client segmentation, offering competitive spreads, and regionalizing and expanding its offerings across the globe.
FXCM Facts
• Forex Capital Markets LLC is one of the Largest Forex Dealer Members
• More than 125,000 live accounts are traded on FXCM trading platforms
• As of January 2009, an average of $500 billion in notional volume is traded each month on FXCM trading platforms
• As of January 2009, in excess of $600 million in customer funds trading on platforms offered by FXCM
Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
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