Transparency in Financials

FXCM is leading the way

Summary of facts:

FXCM Adjusted Pro Forma total revenue:
- Fiscal Year 2011: $412.3 million
- Fiscal Year 2012 $417.3 million
- Q4 2012: $108.1 million
FXCM Adjusted Pro Forma EBITDA (What is EBITDA?)
- Fiscal Year 2011: $111.9 million
- Fiscal Year 2012 $112.9 million
- Q4 2012: $29.8 million
FXCM Customer Equity (Customer Cash):
- As of December 31, 2011: $1.05 billion
- As of March 31, 2012: $1.14 billion
- As of June 30, 2012: $1.25 billion
- As of September 30, 2012: $1.28 billion
- As of December 31, 2012: $1.191 billion
FXCM Cash on Hand as of December 31, 2012: ($272 million) - (FXCM Debt as of December 31, 2012: $85 million)
- FXCM's Own Net Cash = $187 million
FXCM total retail Tradable Accounts (As of February 28, 2013): 190,891
FXCM is publicly traded through the New York Stock Exchange, with a market cap of $1.26 billion. Market cap was calculated on March 11, 2013, as of close of market. This assumes the exchange of all FXCM Holdings LLC units on a fully diluted basis.

FXCM's 2011 Annual Report

What you should know about your broker's financials?

FXCM believes in making our financials transparent so that clients and potential traders know about the performance and health of FXCM as a company. FXCM strongly believes all traders should be asking his or her broker some pivotal questions regarding the company's financial stability.

Questions to ask your broker:

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How much debt does your company have?

As of December 31, 2012, FXCM had $85 million in debt. This is through a credit facility and allows FXCM and its subsidiaries to make acquisitions or conduct other day-to-day activities.

What were your revenues?

FXCM Adjusted Pro Forma total revenue: (What is Revenue?)

Fiscal Year 2011: $412.3 million
Fiscal Year 2012: $417.3 million
Q4 2012: $108.1 million

How profitable is your firm?

FXCM Adjusted Pro Forma EBITDA: (What is EBITDA?)

Fiscal Year 2011: $111.9 million
Fiscal Year 2012: $112.9 million
Q4 2012: $29.8 million

Do you have a top-tier third party accounting firm auditing your financials?

FXCM's financials are audited by Ernst & Young, which is one of the top four ranked accounting firms in the world.

Corporate Profile

FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide.

At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution, and trading from real-time charts. FXCM's international subsidiaries also offer CFD products with no re-quote trading and allow clients to trade oil, gold, silver, and stock indices along with forex. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

All references to "FXCM" refer to FXCM Inc. and its consolidated subsidiaries. Our operating subsidiaries are regulated in a number of jurisdictions, including, but not limited to, the United States (US), the United Kingdom (UK, where regulatory passport rights have been exercised to operate in a number of European Economic Area jurisdictions), Hong Kong, Australia, and Japan. We maintain offices in these jurisdictions, among others.

EBITDA is Earnings before interest, taxes, depreciation, and amortization.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services.