FXCM Posts Net Revenues of $24.40M in Q3 2021

The leading online forex trading and CFD broker FXCM has published its operating metrics for the third quarter of 2021, ending on September 30, showing that its total net revenues for the period was $24.40 million, while for the first 9 months of the year, the figure was $78.66 million.

In Q3 of 2021, the ending total assets of FXCM are about $383.95 million, while total liabilities are $567.46 million. Also, total liabilities, redeemable non-controlling interest, and stockholders’ deficit come in at $383.95 million for the period.

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According to the report, FXCM saw a net loss of $18.47 million during the 3 months, and for a 9-month period, it was $53.15 million. In terms of the comprehensive loss, the broker posted a figure of $28.10 million for the 9 months ending on September 30 due to the impact of Global Brokerage, Inc., the company behind FXCM. About cash flows from operating activities, net losses were $52.25 million.

FXCM provides forex and contracts for differences (CFDs) trading services to both retail and professional clients. As Fazzaco reported earlier, FXCM Pro, the institutional arm of the FCA-regulated brokerage firm, has partnered with Integral to launch a centrally cleared platform for CFDs​.