FXCM’s Balance Sheet

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By Grace Cheng on August 11, 2008 | More Posts By Grace Cheng | Author's Website

The FXCM Group has released its most recent balance sheet. The numbers reflect the group’s financial strength and status as of June 30, 2008. Highlights include:

Over $95 Million in Capital (Assets Minus Liabilities)
Over $125 Million In Operating Cash (Excludes Client Funds)

FXCM believes that financial transparency in the retail forex industry is more important than ever in light of the NFA’s new financial requirements. Furthermore, they challenge other forex firms to follow their example.

Balance Sheet (Unaudited) AS OF JUNE 30, 2008
ASSETS
	CUSTOMER CASH	369,600,935
	OPERATING CASH	126,229,454
	OTHER ASSETS	5,907,155
	FIXED ASSETS	6,817,568

	TOTAL ASSETS	508,555,112

LIABILITIES
	CUSTOMER DEPOSITS	369,600,935
	DEFFERED REVENUE	21,000,000
	OTHER LIABILITIES	22,458,763

	TOTAL LIABILITIES	413,059,698

CAPITAL
	FXCM CAPITAL	95,495,414

	TOTAL LIABILITIES AND FXCM CAPITAL	508,555,112

The FXCM balance sheet assures the forex industry of its financial strength and stability. FXCM continues to grow and will continue to publicly release its balance sheet.

The FXCM Group consists of FXCM Holdings LLC, Forex Trading LLC, Forex Capital Markets LLC, Forex Capital Markets LTD, FXCM Asia LTD, and FXCM Canada LTD.

FXCM Facts

Forex Capital Markets LLC is one of the Largest Forex Dealer Members
More than 100,000 live accounts are traded on FXCM trading platforms
As of January 2008, an average of $350 billion in notional volume is traded each month on FXCM trading platforms
As of January 2008, there is in excess of $700 million in customer funds trading on platforms offered by FXCM

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