There seems to be some confusion. FXCM is regulated in the US by both the NFA (National Futures Association) and the CFTC (Commodity Futures Trading Commission).
While the NFA is a self-regulatory organization for the US derivatives industry, the CFTC is a US government body and our financial data are updated on the CFTC.gov website every month. Below are their latest capital figures for every firm registered with the NFA as a Retail Foreign Exchange Dealer (RFED):
The column that says “Total Amount of Retail Forex Obligation” shows the amount of money retail traders have on deposit with FXCM US which is over 30% greater than what is on deposit with the number 2 forex broker in the US. And those are just our US data!
Since FXCM is one of the only retail forex brokers in the world that is a publicly-traded company (NYSE ticker: FXCM), our global financial data are more easily accessible than the financial data of the vast majority of other retail forex brokers that are private companies:
As of November 5, 2015:
[li]Adjusted Q3/15 revenues of $59.6 million
[/li][li]Adjusted EBITDA from continuing and discontinued operations of $5.2 million
[/li][li]$254.3 million in operating cash
[/li][li]$713.2 million in customer equity
[/li][li]178,273 active retail FX accounts
[/li][li]Regulatory capital surplus of $85.1 million
We believe in making our financials transparent so that clients and potential traders know about the performance and health of FXCM as a company. We also believes all traders should be asking his or her broker some pivotal questions regarding the company’s financial stability. FXCM’s financials are audited by Ernst & Young, which is one of the top four ranked accounting firms in the world.
For a full in-depth look at FXCM’s financials, recent press releases, monthly customer trading metrics and SEC filings, please visit our Investor Relations page.