Forex Capital Markets, the US forex broker also known as FXCM (NYSE:FXCM) has retained its leading position in terms of size of client deposits in February, shows data published on the website of the US Commodity and Futures Trading Commission (CFTC).
According to the FXCM report, its client deposits in February this year amounted to $176.6 million, while in January they were $176.5 million. Client deposits include funds that would be obtained by combining all money, securities and property deposited by a retail forex customer into a retail forex account, adjusted for the realized and unrealized net profit or loss. At the same time in the end of February the adjusted net capital of FXCM was $54.7 million, down almost 10.5% from $61.1 million in January.
FXCM is registered with the relevant regulatory bodies of the US, the UK, Germany, Italy and Australia. It provides forex and contracts for difference (CFDs) trading, spread betting and related services to retail and institutional customers alike. Through its offices in the US, the UK, Germany, Australia, France, Italy, and Greece, and affiliate offices in Canada, Israel, Chile, Japan, and China, the broker offers 40 currency pairs on the Trading Station and MetaTrader 4 (MT4) trading platforms.
