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FXCM UK Reports 11.2% Revenue Dip, but Profits Surge in 2022

The UK operator of forex and contracts for differences (CFDs) brokerage brand, FXCM, reported an 11.2 percent slide in 2022 revenue, to $10.74 million from $12.09 million. However, the profits of Stratos Markets Limited (previously Forex Capital Markets Limited) significantly improved from the previous year.According to the Companies House filing, the company turned $759,159 as its profit on ordinary activities before taxation, an increase of 168.1 percent. The net profitability of the year also... Read More

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Posted: Oct 9 2023, 07:35

Author Name: financemagnates

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