FXCM's 2010 Year Report Presentation Made Available

FXCM has just made its 2010 Fiscal Year report available online and besides it looking quite pretty there are also several very interesting new details there. For instance FXCM made available for the first time its FXCM Pro volume and income numbers. Click Read More below to see/download the full presentation.

Here's the summary of the most interesting data (some are known facts some aren't):

• At the end of 2010 FXCM had 175,240 active accounts (Standard and Micro), 25% growth from 2009
• Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term Revenue per Million reached the magic $100 number, up 20% from 2009. That's 1 full pip.
• Daily Average Revenue Trades were 315,210, down 9% from 2009, mainly due to steep decline in volume in North America and South Korea.
• Overall 2010 volume was $3178 Billion, that's $264 Billion a month. Down 9% from 2009.
• Customer balance was $641 million, almost double the 2009 figure of $354 million.
• FXCM Pro (FXCM's Currenex White Label) revenue was $27.8 million, up 32% from 2009. FXCM Pro 2010 volume was $753 billion, that's $63 billion a month. Up 43% from 2009.
• CFDs represented only 3% of the 2010 volume and Spread Betting accounted for only 1%.
• FXCM is seeking a local registered agent in Singapore to transfer its local business to, after reviewing the local regulations. This represents about 1% of its business.

FXCM Volume per region (in Billion USD):

The drop in US volumes can probably be explained by the reduced Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term and the increased competition. The drop in volumes in South Korea - FXCM was almost fully controlling that market until local regulatory decided that this seems like a monopoly and made sure FXCM distributed institutional clients amongst other brokers.

The presentation is quite heavy so if it doesn't load in due time, click here to see it on another server.

FXCM 2010 annual report presentation

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