Global Brokerage Sees 22% QoQ Increase in Net Revenue in Q2 2022

Global Brokerage Inc. (Global Brokerage), a leader in offering FX trading and CFD trading, which owns over 50% of FXCM Group, LLC (FXCM Group), has released its unaudited financial results for the second quarter ending on June 30, 2022.

During the three months, total net revenues of the broker was $37.83 million, rising 22% compared to $31.12 million in Q1 2022.

The company reported the operating income of $5.65 million in the second quarter, while its operating income of only $3.86 million in the first half year due to a loss of $1.79 million in Q1.

Net loss in this three months was $5.12 million, less than the loss of $11.86 million in last quarter.

Comprehensive income loss for the second quarter was $10.84 million, while the total loss for H1 2022 reached $20.27 million.