NEWS  FROM FXCM FOR 26-MAY-2011   

 

FXCM’s King of the Micro for April Has Been Crowned

 

FXCM Inc. (NYSE: FXCM) announced the April winners for its monthly forex trading contest, King of the Micro. For years FXCM has continued giving cash prizes to the three winners of this contest every month. The winners rise from FXCM Micro clients with the highest return on their trading during the month. Traders, who have a minimum of $500 in their FXCM Micro account and place a minimum of ten trades during the month, are automatically entered in the contest. Read more about the contest’s rules.

 

Contest Winners

King of the Micro: Leonardo Bonato sees 1084.79% return* on his trades; wins $25,000 in cash

 

Forex Trading Experience: Two years

Preferred Trading Pairs: EUR/USD

Average Trade Holds: No general rules, but usually from one to a few days

Average Daily Trading: Less than two hours

 

Leonardo’s Advice to Traders: New traders should start with the greatest caution, with small amounts and without the will of earning money immediately. Traders should be motivated and observe patiently. Read the April King’s full survey and trading report.

* Past performance is not indicative of future results.

 

 

Second Place: Xuelong Wang gets 1023.01% profit;* wins $10,000

 

Forex Trading Experience: Three years

Preferred Trading Pairs: EUR/USD, AUD/USD

Average Trade Holds: Depends on the trade, but no more than one week

Average Daily Trading: Ten hours

Xuelong’s Advice to Traders: New traders should keep practicing and trust themselves. A forex trader should have patience and perseverance. Read the second place winner’s full survey and trading report.

 

* Past performance is not indicative of future results.

 

Third Place: Hua Leng Lim sees 498.43% return;* wins $5,000

 

Forex Trading Experience: Two years

Preferred Trading Pairs: AUD/USD, USD/CHF,XAG/USD

Average Trade Holds: From one day to one week

Average Daily Trading: From half an hour to three hours

Hua’s Advice to Traders: Never give up. Practice every day. Come to know your weaknesses and manage them. Read the third place winner’s full survey and trading report.

 

* Past performance is not indicative of future results.

About FXCM Inc.

 

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Read full risk disclaimer.

 

Contacts

 

DailyFX

Kiana Danial,

646-432-2449

Financial Public Relations

kdanial@fxcm.com

 

FXCM Inc.

Jaclyn Sales,

646-432-2463

Vice President,

Corporate Communications

jsales@fxcm.com

 

 

 

 

NEWS  FROM FXCM FOR 16-MAY-2011  

 FXCM Inc. Announces First Quarter 2011 Results and April Monthly Metrics

 

First Quarter Highlights:

 

• 2011 first quarter revenues of $94.7 million, up 23% versus the same period in 2010

 

• Adjusted Pro Forma EBITDA of $25.5 million, up 2% versus the same period in 2010

 

• Adjusted Pro Forma net income of $13.7 million or $0.18 per fully diluted share, down 7% versus the same period in 2010

 

• Customer equity of $775.1 million, up 100% from same period in 2010

 

• Active accounts of 139,900, up 15% from the same period in 2010

 

• Completed the acquisition of FXCM Japan, Inc., the retail FX business of GCI Capital, a FX provider in Japan with over 17,000 active accounts and $114.0 million in customer equity

 

• Declared a quarterly dividend of $0.06 per share of Class A common stock

 

 

NEW YORK, NY — May 16, 2011 — FXCM Inc (NYSE: FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today announced for the quarter ended March 31, 2011, revenues increased $17.7 million or 23% to $94.7 million, compared to $77.0 million for the quarter ended March 31, 2010. Adjusted Pro Forma EBITDA for the first quarter 2011 was $25.5 million, an increase of $0.4 million or 2%, compared to $25.1 million, for the first quarter 2010. Adjusted Pro Forma Net Income was $13.7 million, or $0.18 per share on a fully exchanged, fully diluted basis, for the first quarter 2011 compared to $14.7 million, or $0.20 per share, for the first quarter 2010, a decrease of 7%.

Adjusted Pro Forma results assume the conversion and exchange of all FXCM Holdings, LLC units into FXCM Inc. Class A shares, resulting in the elimination of the non-controlling interest and the corresponding adjustment to the entity’s tax provision. In addition, Adjusted Pro Forma results eliminate certain compensation charges relating to FXCM Inc.’s initial public offering.

U.S. GAAP net income for the first quarter 2011 was $2.8 million or $0.16 per fully diluted share, which was fully attributable to FXCM Inc. Following the completion of FXCM Inc.’s initial public offering on December 7, 2010, FXCM Holdings, LLC is consolidated into the results of FXCM Inc. Prior to the initial public offering, FXCM Inc. did not engage in any business or activities except in connection with its formation.

“FXCM delivered strong growth in the quarter — growing revenues by 23% and active accounts by 15% versus the first quarter 2010,” said Drew Niv, Chief Executive Officer.

“We also expanded our presence geographically with the acquisition of the retail FX business of GCI Capital, adding over 17,000 active accounts and $114 million in customer equity and giving us a much stronger position in Japan, the world’s largest retail FX market,” he continued.

In addition FXCM Inc. today announced certain key operating metrics for April 2011 for its retail and institutional foreign exchange business. Monthly activities included:

 

 

April Monthly Metrics:

Retail Trading Metrics

• Retail customer trading volume⁽¹⁾ of $293 billion in April 2011, 7% lower than March 2011 and 33% higher than April 2010.

• Average retail customer trading volume⁽¹⁾ per day of $14.0 billion in April 2011, 2% higher than March 2011 and 40% higher than April 2010.

• An average of 322,653 retail client trades per day in April 2011, 1% lower than March 2011 and 21% higher than April 2010.

• Active accounts⁽²⁾ of 158,002 as of April 30, 2011, an increase of 18,102 or 13% from March 2011, and an increase of 34,112 or 28% from April 2010.

Institutional Trading Metrics

• Institutional customer trading volume⁽¹⁾ of $62 billion in April 2011, 21% lower than March 2011 and 9% higher than April 2010.

• Average institutional trading volume⁽¹⁾ per day of $3.0 billion in April 2011, 13% lower than March 2011 and 14% higher than April 2010.

• An average of 6,782 institutional client trades per day in April 2011, 2% lower than March 2011 and 147% higher than April 2010.

More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company's corporate website, www.fxcm.com.

This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of FXCM Inc. FXCM undertakes no obligation to publicly update or review previously reported operating data. Any updates to previously reported operating data will be reflected in the historical operating data that can be found on the Investor Relations page of the Company’s corporate website, http://www.fxcm.com/prhome.

⁽¹⁾ Volume that FXCM customers traded in period translated into US dollars.

⁽²⁾ An account that has traded at least once in the previous twelve months.

Condensed Unaudited Consolidated Adjusted Pro Forma and U.S. GAAP Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Operating Metrics

 

 

 

 

 

Non-GAAP Financial Measures

Adjusted Pro Forma EBITDA, Adjusted Pro Forma Net Income and Adjusted Pro Forma Net Income per fully diluted share are non-GAAP financial measures. These measures do not represent and should not be considered as a substitute for net income, net income attributable to FXCM Inc. or net income per Class A share as determined in accordance with U.S. GAAP, and our calculations thereof may not be comparable to similarly entitled measures reported by other companies. See “Adjusted Pro Forma Results” beginning on A-3 of this release for additional information regarding these non-GAAP financial measures.

Declaration of Quarterly Dividend

The company also announced today that its board of directors has declared a quarterly dividend of $0.06 per share on its outstanding Class A common stock. The dividend is payable on June 24, 2011 to Class A stockholders of record at the close of business on June 10, 2011.

Conference Call

As previously announced, FXCM Inc. will host a conference call to discuss the results at 8:30 a.m. (EST) today. This conference call will be available by dialing 866-804-6921 and 857-350-1667 for international participants. The conference ID number is 53030911. A live, audio webcast, a copy of FXCM Inc.’s earnings release, results presentation and replay of this conference call will also be available at http://ir.fxcm.com/More information about FXCM can be found on the Company’s website at http://www.fxcm.com/prhome.

Disclosure Regarding Forward-Looking Statements

This earnings release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect FXCM Inc.’s current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as “outlook,” “believes, “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. FXCM Inc. believes these factors include but are not limited to evolving legal and regulatory requirements of the FX industry, the limited operating history of the FX industry, risks related to the protection of its proprietary technology, risks related to its dependence on FX market makers, market conditions and those other risks described under “Risk Factors” in FXCM Inc.’s prospectus dated December 1, 2010, filed with the Securities and Exchange Commission in accordance with Rule 424(b) of the Securities Act on December 3, 2010, as such factors may be updated from time to time in FXCM Inc.’s annual report on Form 10-K and other SEC filings, which are accessible on the SEC’s website at sec.gov. In particular, we note that our statements regarding an acquisition by us of GCI Capital of Japan are subject to a number of risks and uncertainties, including the risks that we will simply fail to reach a definitive agreement regarding the proposed acquisition, that the terms of any such agreement will not be favorable to us and that the proposed acquisition will not be completed even if a definitive agreement is entered into.

These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this presentation and in the prospectus. FXCM Inc. undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

 

 

About FXCM Inc.

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

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 U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all. Read full disclaimer .

For Media:
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications
jsales@fxcm.com

or

For Investors:
Thomas Porac, 646-432-2986
Vice-President, Investor Relations
investorrelations@fxcm.com

 

 

 

 

 

ANNEX I

 

 

 

 

 

FXCM Inc.

Consolidated Statement of Operations

(In thousands, except per share amounts)
(Unaudited)

 

 

 

A-1

 

 

 

FXCM Inc.

Consolidated Statements of Financial Condition

As of March 31, 2011 and December 31, 2010
(Amounts in thousands)
(Unaudited)

 

 

A-2

 

 

 

Adjusted Pro Forma Results

Throughout the discussion of FXCM Inc.’s financial results, information is presented on an Adjusted Pro Forma basis, which is a non-generally accepted accounting principles (“non-GAAP”) measure. Adjusted Pro Forma results begin with information prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), adjusted to exclude certain items relating to the initial public offering of FXCM Inc. and reflects the conversion of all units of FXCM Holdings, LLC for shares of Class A common stock of FXCM Inc. FXCM believes that the disclosed Adjusted Pro Forma measures and any adjustments thereto, when presented in conjunction with comparable U.S. GAAP measures, are useful to investors to compare FXCM’s results across several periods and facilitate an understanding of FXCM’s operating results. The Company uses these measures to evaluate its operating performance, as well as the performance of individual employees. These measures should not be considered a substitute for, or superior to, measures of financial performance prepared in accordance with U.S. GAAP. The differences between Adjusted Pro Forma and U.S. GAAP results are as follows:

1. Assumed Exchange of Units of FXCM Holdings, LLC for FXCM Inc. Class A Shares. As a result of the exchange of FXCM Holdings units, the non-controlling interest related to these units is converted to controlling interest. The Company’s management believes that it is useful to provide the per-share effect associated with the assumed exchange of all FXCM Holdings units.

 

2. Initial Public Offering Related Expense. The Company has reflected charges in relation to its initial public offering. The Company’s management believes that this adjustment results in a more meaningful comparison with prior period results.

 

3. Income Taxes. FXCM was prior to the initial public offering organized as a series of limited liability companies and foreign corporations, and even following the initial public offering not all of the Company’s income is subject to corporate-level taxes. As a result, adjustments have been made to the Adjusted Pro Forma earnings to assume that the Company has adopted a conventional corporate tax structure and is taxed as a C corporation in the U.S. at the prevailing corporate rates, that all deferred tax assets relating to foreign operations are fully realizable within the structure on a consolidated basis and that adjustments for deferred tax assets related to the ultimate tax deductions for equity-based compensation awards are made directly to stockholders’ equity. This assumption is consistent with the assumption that all FXCM Holdings units are exchanged for shares of FXCM Inc. Class A common stock, as discussed in Item 1 above, as the assumed exchange would change the tax structure of the Company.

 

A-3

 

 

 FXCM Inc.
Adjusted Pro Forma Consolidated Statement of Operations
(In thousands, except per share amounts)
(Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

A-4

 

FXCM Inc.
Reconciliation of EBITDA to Net Income
(In thousands)
(Unaudited)

 

A-5  

 

 

NEWS  FROM FXCM FOR 25-APR-2011  

The Euro, Aussie, and Canadian Dollar’s Magical Story in FXCM’s Speculative Sentiment Index (SSI) Diary

By Kiana Danial
Published: April 25, 2011

The euro, Australian dollar, and Canadian dollar all attracted great forex-market interest this past week. As of April 22, the Australian dollar was up to a new, all-time high. The euro, despite Portugal's debt issues, had broken back above 1.45, and the U.S. dollar hit a three-and-a-half-year low against the loonie.

The FXCM’s Speculative Sentiment Index (SSI) was also following the pairs, and constantly signaling their next movements—much of the time different from what the fundamental news suggested. Eventually, the SSI’s forecasts turned out to be correct.

Below is the SSI’s diary of the euro, Australian dollar, and Canadian dollar for the week of April 18, and the result on the currency pairs’ price action.

The SSI Diary on Selected Dollar Pairs | April 22, 2011

EUR/USD
For five consecutive days, the SSI has been signaling more euro-dollar gains. It has been negative every day with an average of 65% of EUR/USD traders at FXCM shorting the pair. The SSI suggests the majority of the trading crowd is usually wrong, and bases its signals on moving against the crowd.

Result: EUR/USD continually gained. The successful trader would have been the one who had followed the SSI signal and bought the euro.*

AUD/USD
85% of FXCM AUD/USD traders thought the Aussie was going to fall, and maintained their short positions throughout the week. As a contrarian indicator, the SSI continually suggested going against the crowd and being long the pair.

Result: The AUD/USD hit a new, all-time high, and the successful trader would have been the one who had followed the SSI signal and bought the Australian dollar.*

USD/CAD
The pair has been falling since mid-March. On average, 85% of FXCM’s traders were speculating on a rise in the USD/CAD, and were longing the pair. Meanwhile, the SSI continually signaled USD/CAD losses.

Result: USD/CAD kept falling, hitting its newest low in three-and-a-half years. If the 85% of those FXCM traders had followed the SSI's consistent signal, and had sold their US dollars against the loonie, they would now be on the right side of the trade.*

EUR/USD, AUD/USD, USD/CAD Price and SSI, April 2011

*Past Performance is not indicative of future results.

Follow the SSI and Increase Your Chances for Profit

More people are turning to the Speculative Sentiment Index (SSI) as it continues to prove to be a reliable forecasting tool in the forex market. This unique innovation of FXCM Inc. (NYSE: FXCM) reveals where FXCM’s forex-trading crowd is positioned, helps traders create powerful trading strategies, and provides traders with insight where the market might potentially move.
The SSI is available free twice a day on DailyFX+ for all FXCM live-account holders. The public can also view a weekly SSI report on Thursdays on DailyFX.com.

About FXCM Inc.

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. DailyFX has taken reasonable measures to ensure the accuracy of the content herein, however, does not guarantee its accuracy, and will not accept liability for any loss or damage that may arise directly or indirectly from the content and your use of the charting indicator and EAs herein. In addition, the content herein, including, but not limited to, the charting indicators and EAs is provided as general market commentary and does not constitute investment advice.
Read full risk disclaimer.

Contacts

DailyFX
Kiana Danial,
646-432-2449
Financial Public Relations
kdanial@fxcm.com

FXCM Inc.
Jaclyn Sales,
646-432-2463
Vice-President,
Corporate Communications
jsales@fxcm.com

 

NEWS  FROM FXCM FOR 13-APR-2011  

 

DailyFX Research

www.dailyfx.com

www.fxcm.com

1.212.897.7600

1.888-50-FOREX

 

Speculative Sentiment Index Steers Forex Traders through Stormy Euro Trading

 

By Kiana Danial

Published: April 13, 2011

 

Looking purely at the fundamentals, one would have expected the EUR/USD to fall, but instead, it rose. FXCM’s Speculative Sentiment Index (SSI), on the other hand, was consistently negative, pointing to EUR/USD gains.

 

In the past month, there was significant negative news for the euro— Portugal defaulted and the government fell, Ireland held elections, there were tensions in Libya, and a European summit produced no tangible results.

 

Looking purely at the fundamentals, one would have expected the EUR/USD to fall, but instead, it rose. FXCM’s Speculative Sentiment Index (SSI), on the other hand, was consistently negative, pointing to EUR/USD gains. The SSI filter indicated not to follow the negative sentiments of the news and it was right. Here are specific days of fundamental news and respective SSI index numbers:

 

The SSI Diary on EUR/USD, March–April 2011

 

March 24

Fundamental News: The European summit failed to produce any answers in combating the Euro crisis. This may lead to a fall in EUR/USD.

 

Speculative Sentiment Index: The FXCM trading crowd has remained fairly net short the euro against the US dollar, showing few important signs of relenting thus giving contrarian signal to stay long into the EUR/USD rallies.

 

March 31

Fundamental News: Irish bank stress tests were lower than expected. This may weaken EUR/USD.

 

Speculative Sentiment Index:  Euro forecast continues to rally. Nearly 67% of traders are short and the SSI is negative at -2.04. As a contrarian indicator, the SSI signals more EUR/USD gains.

 

April 6

Fundamental News: Portugal asks for EU assistance. Not good for the euro.

 

Speculative Sentiment Index: The ratio of long to short positions in the EUR/USD stands at -2.17 as nearly 68% of traders are short. The SSI is a contrarian indicator and signals more EUR/USD gains.

 

April 7

Fundamental News: The European Central Bank (ECB) is expected to move the markets with its decision on whether to raise interest rates and if so, by how much. Interest rate markets predict a virtually certain 25 basis point hike, with a 50% chance of a 50 basis point move.

 

Speculative Sentiment Index:  EUR/USD ratio narrows on bets for an ECB rate hike. The ratio of long to short positions in the EUR/USD stands at -1.69 as nearly 63% of traders are short. Short positions are 6.3% lower than yesterday. The SSI is a contrarian indicator and signals more EUR/USD gains.

 

 

EUR/USD Rate, SSI, Long/Short Amount 3/17/2011–4/7/2011

 

FXCM’s Speculative Sentiment Index (SSI) can be used by traders, analysts, and currency followers alike to gauge forex market sentiment. Speculators can use the SSI to gain an advantage in the market by using it as a new method of market analysis.

 

Updates to the SSI are made twice a day on DailyFX+ and are available for free for all FXCM live account holders. A weekly SSI update is available for everyone, every Thursday on DailyFX.com.

 

About FXCM Inc.

 

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. DailyFX has taken reasonable measures to ensure the accuracy of the content herein, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content and your use of the charting indicator and EAs herein. In addition, the content herein, including but not limited to the charting indicators and EAs, is provided as general market commentary, and does not constitute investment advice.

Read full risk disclaimer.

 

Contacts

 

DailyFX

Kiana Danial,

646-432-2449

Financial Public Relations Associate

kdanial@fxcm.com

 

 

FXCM Inc.

Jaclyn Sales,

646-432-2463

Vice-President,

Corporate Communications

jsales@fxcm.com

 

 NEWS  FROM FXCM FOR 05-APR-2011 

 

Where is the Top in the AUD? Ask the SSI.

 

By Kiana Danial

 

 

The Speculative Sentiment Index (SSI) continues to prove to be a reliable forecasting tool in the forex market. This unique innovation of FXCM Inc. (NYSE: FXCM) reveals where FXCM’s forex trading crowd is positioned, helps traders create powerful trading strategies, and provides traders with insight where the market might potentially move.

 

The SSI Diary on AUD/USD - March 2011

 

March 15 - The SSI suddenly goes positive for a short period as the AUDUSD broke below 1.0000. It looks like short traders took their profits and exited the market. There are now more longs than shorts at FXCM. It looks like the relief rally will be short-lived. The SSI is signaling a further drop in the AUDUSD, so there could be a trading opportunity in shorting (selling) the AUDUSD. The 0.9850 support is unlikely to hold.

 

March 17 - The SSI is negative again (-1.31), which means there are more accounts short the AUDUSD than long. The SSI is a contrarian indicator and signals more AUDUSD gains—there could be a trading opportunity in going long (buying) the AUDUSD.

 

March 21 - As the AUDUSD breaks 1.00, the SSI gets more negative, signaling that AUDUSD is likely to continue rallying further. The ratio of long to short positions stand at -2.60 as nearly 72% of traders are short. It is still not too late to go long AUDUSD.

 

March 25 - The ratio of long to short positions in the AUDUSD stands at an extreme -8.16. Nearly 89% of traders are short. Yesterday, the ratio was at -6.50, as 87% of open positions were short. The SSI is a contrarian indicator and continues to signal more AUDUSD gains.

 

March 28 - Nearly 87% of traders are still short AUDUSD, so the SSI continues to signal AUDUSD gains. We may be headed back to 1.03.

 

March 30 - Same as yesterday, the ratio of long to short positions in the AUDUSD stands at -6.92 as nearly 87% of traders are short. The SSI is a contrarian indicator and signals more AUDUSD gains going into April. The SSI has not yet signaled for a top, despite being at record levels.

 

 

AUD/USD Rate, SSI, Long/Short Amount 2/18/2011 – 3/31/2011

 

In March, the SSI tells the story of how the currency trading crowd acted and reacted to the volatile AUD/USD, as seen in the chart above. It provided indispensible insight as the successful AUD trader would have been the one who followed the SSI signals and went against the crowd.

 

The SSI tracks positioning in eight currency pairs, providing signals for all the majors.

 

Increase Your Chances for Profit through SSI

 

When markets are trending the majority of retail forex traders sell into rallies (when the prices go up) and buy into declines. The historical data at FXCM Inc. shows that many of the most successful traders are actually the ones who move against the crowd. They can use the SSI to see what the crowd is doing and trade the markets as a contrarian.

For all FXCM account holders, free SSI updates are available on DailyFX+ twice a day. A weekly SSI update is available for all every Thursday on DailyFX.com.

 

FXCM has one of the largest cross-sections of forex traders in the world and, therefore, has a credible amount of client data from which to draw the SSI. As of February 2011, FXCM’s total retail trading volume was 250 billion.

 

About FXCM Inc.

 

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. DailyFX has taken reasonable measures to ensure the accuracy of the content herein, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content and your use of the charting indicator and EAs herein. In addition, the content herein, including but not limited to the charting indicators and EAs, is provided as general market commentary, and does not constitute investment advice.

Read full risk disclaimer.

 

 

Contacts

 

DailyFX

Kiana Danial,

646-432-2449

Financial Public Relations

kdanial@fxcm.com

 

 

FXCM Inc.

Jaclyn Sales,

646-432-2463

Vice-President,

Corporate Communications

jsales@fxcm.com

 

 

NEWS  FROM FXCM FOR 24-MAR-2011  

 

FXCM Inc. Announced the Winners of the King of the Micro Forex Trading Contest for January

 

By Kiana Danial

Published: February 24, 2011

 

Thursday, February 24, 2011—FXCM Inc. (NYSE: FXCM) an online provider of forex trading and related services worldwide, announced the winners of its King of the Micro Contest for January. FXCM Inc. gives away cash awards every month to three Micro clients with the highest returns on their trades. All FXCM Micro clients with a minimum of $500 in their account at the beginning of the month are automatically entered in the contest. To remain eligible, they must execute a minimum of ten trades during the month.

 

January was an eventful month for the forex traders as China continued to tighten monetary policy in order to prevent the economy from overheating, while the EU was weighing alternative measures to address the sovereign debt crisis. At the same time, we saw the rally in the British pound gathering pace. Read below to learn how the traders reached the top of the leader board and what set apart the one crowned King of the Micro from the rest amid the reversal in the DXY (US Dollar Index).

 

January King of the Micro Gains a High Profit of 1181.58%*, Wins $25,000.

 

Madhusudhana Vasireddi from India achieved an impressive 1181.58% return. With two years experience in forex trading, Madhusudhana kept trades open from a few minutes to a maximum of five days mostly on the GBP/JPY, GBP/USD, and AUD/USD trades.

 

Trading Experience: 2 years

Preferred Trading Pairs: GBP/USD GBP/JPY AUD/USD

Average Trade Holds: Min of few minutes, max of 5 days

Average Daily Trading: 3 to 5 hours

Key for Success: Controlling his emotions

 

Read the January King’s full survey and trading report.

 

SECOND PRIZE: Hongwei Gu from China sees 707.96%* profit, wins $10,000.

 

 

 

Trading Experience: 4 years

Preferred Trading Pairs: AUD pairs

Average Trade Holds: Min of 1 to 2 days or longer

Average Daily Trading: 3 to 4 hours

Key for Success: Being rigorous, bold, and decisive

 

 

Read the second prize winner’s full survey and trading report.

 

 

THIRD PRIZE: Chung Kai Chan from Hong Kong sees 304.41%* profit, wins $5,000.

 

 

 

 

Trading Experience: 1 year

Preferred Trading Pairs: GBP/USD, AUD/JYP, GBP/JYP, GBP/CHF

Average Trade Holds: Min of 1 day to max of few weeks

Average Daily Trading: 1 hour

Key for Success: Read extensively and think carefully

 

 

Read the third prize winner’s full survey and trading report.

 

To learn more about the contest, and to deposit money into your FXCM Micro account, view the King of the Micro Monthly Trading Contest Rules.

 

About FXCM

 

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary, and does not constitute investment advice. Read full risk disclaimer.  

 

 

NEWS  FROM FXCM FOR 21-MAR-2011   

 FXCM to Contribute to the Japan Earthquake and Pacific Tsunami Relief Efforts

New York, March 21, 2011—In response to the devastating earthquake and tsunami that has struck Japan recently, FXCM Inc. (NYSE: FXCM) today has committed support and funding to the relief efforts in Japan. FXCM will contribute $25,000 to humanitarian and relief efforts, and match employee donations for a contribution of $100,000.

“We are deeply saddened by the loss of life and devastation caused by the recent earthquakes in Japan,” said David Sakhai, chief operating officer of FXCM. “FXCM does have offices in Japan that are an extension of the FXCM family and we are grateful that they are unharmed. We do want to extend our heartfelt condolences to the bereaved families and many others impacted by this natural disaster.”

“The tremendous devastation facing the people of Japan is heartbreaking but, at the same time, we are moved by the strength and perseverance shown by the Japanese people,” said Drew Niv, chief executive officer of FXCM. “Through the generosity of our employees throughout the world and funds provided by our firm we will support the immediate need of emergency supplies through the American Red Cross and other reputable charities to help in the recovery efforts.”

FXCM is committed to providing the necessary support and resources to help our partners and employees as they work through the challenges in the days and weeks ahead.

About FXCM

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary, and does not constitute investment advice. Read full risk disclaimer.

 

Kiana Danial

Financial Public Relations

FXCM Inc. /DailyFX

 

T. (646)-432-2449 (646)-432-2449

F. (212)-897-7669

kdanial@fxcm.com

 

 

 

 

 

 

 

 

NEWS  FROM FXCM FOR 16-MAR-2011  

  

 

Wednesday, March 16, 2011­—FXCM’s King of the Micro contestis among the popular forex trading contests with winners from all around the world. All FXCM Micro clientswith a minimum of $500 in their account at the beginning of the month are automatically entered in the contest. To remain eligible, they must execute a minimum of ten trades during the month.

 

Market volatility remained low through the month of February, but a continued US dollar downtrend meant that key pairs continued to hit major highs and lows. Trend traders likely outperformed through this stretch as they latched onto slow but steady US dollar declines.

 

GRAND PRIZE:$25,000 goes to Tommaso Battista from Italy with a 693.44%* Return

 

 

Trading Experience: 4 years

Preferred Trading Pairs:EUR/USD

Average Trade Holds:Min 2-3 hours to 2-3 days

Average Daily Trading:3-4 hours

Key to Success: Follow the trend.

 

The former stock trader turned to forex trading after gaining knowledge in technical analysis and finding use of it in the foreign exchange markets. The only fundamental news he uses as trading guidance are ECB press conferences and NFP releases.

Read the February King’s full Survey and Trade Report.

*Past performance not indicative of future results.

 

SECOND PRIZE: $10,000 goes to Mario Jemic from Croatia

 

 

Trading Experience: 3 years

Preferred Trading Pairs:AUD/USD, AUD/JPY, XAU/USD

Average Trade Holds:Several weeks to several months

Average Daily Trading: N/A

Key to Success: Emotional stability, confidence, and decision making skills. Avoiding fear and greed.

 

Read the second place winner’s full Survey and Trade Report.

 

THIRD PRIZE: $5,000 goes to Ling Meng from China

 

 

Trading Experience: 6 years

Preferred Trading Pairs:GBP/USD, EUR/USD

Average Trade Holds:Min of 1-2 days to max of a week

Average Daily Trading: 2 hours

Key to Success: Strict discipline, seize opportunities, not being greedy.

 

Read the third place winner’s full Survey and Trade Report.

 

About FXCM

 

FXCMInc.(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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary, and does not constitute investment advice. Read full risk disclaimer.

 

 

 

 

Contacts

 

DailyFX

Kiana Danial,

646-432-2449

Financial Public Relations Associate

kdanial@fxcm.com

 

 

FXCM Inc.

Jaclyn Sales,

646-432-2463

Vice-President,

Corporate Communications

jsales@fxcm.com

 

NEWS  FROM FXCM FOR 14-MAR-2011 

 

NEWS  FROM FXCM FOR 24-FEB-2011 

DailyFX.com, the free forex news, analysis, and research website of FXCM Inc. (NYSE: FXCM), launches its newest section called “Forex Trading Strategies”.

New York, March 14, 2011—DailyFX.com, the free forex news, analysis, and research website of FXCM Inc. (NYSE: FXCM), launches its newest section called “Forex Trading Strategies”. With this new section, the DailyFX team will give in-depth descriptions for a variety of technical strategies. They will also provide optimal ways to implement and backtest them. This new section will be especially useful for traders who look to automate their strategies.

 

Over the years, FXCM has found that many traders struggle to come up with the best trading strategies for the fast-paced forex market. The DailyFX Trading Strategies section is updated with the latest trading strategies by the DailyFX research team. The strategies are easily importable to FXCM’s Strategy Trader platform and can be used right away.

 

DailyFX Trading Strategies section includes:

 

• Top Trading Strategy

Highlighting the top trading strategy idea for a given week.

• Strategy Corner

Ready-to-use strategies provided by the DailyFX research and education teams. Our analysts will examine popular trading strategy performances and build upon them to create unique and actionable content, complete with coding examples readers can replicate in their own trading platforms.

• Strategy Trader Tips and Tools

Easy-to-understand updates on how to use FXCM’s Strategy Trader platform, an all-in-one automated trading solution that allows traders to code, backtest, optimize, and trade from one platform. The updates include informative tips, instructions, and introductions to the tools available on Strategy Trader.

• Weekly Strategy Outlook

A weekly update on strategy performance, giving a deeper understanding of different trading systems and providing a summary of currency pair conditions. The updates include recent market movements and offer the best strategies to be used at a given trading week, while giving a general outlook on our proprietary systems on our DailyFX+ Trading Signals page.

• Performance Spotlight

These videos provide further guidance on our trading strategy ideas with recordings of real trading strategies and tips from DailyFX analysts. It features videos from DailyFX Technical Strategist Joel Kruger exploring the psychology of trading, taking a more in-depth look at certain things that traders could do to help them with their day-to-day strategy building, executing plans, improving success in trading, and achieving the goals that they desire.

 

 

DailyFX Forex Trading Strategies Page

 

http://www.dailyfx.com/technical_analysis/forex_trading_strategies/

 

About DailyFX.com

 

DailyFX, the free news and research website of the leading forex and CFD broker, FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. With eight internationally-based analysts publishing over thirty articles and producing five video-news updates daily, DailyFX offers in-depth coverage of price action, predictions of likely market moves, and exhaustive interpretations of salient economic and political developments. DailyFX is also home to an extensive economic calendar with breaking economic news and reports from around the world, complete with advanced sorting capabilities, detailed descriptions of upcoming events on the economic docket, and projections of how economic report data will impact the markets. Combined with free charts and live rate updates featured on DailyFX, the DailyFX economic calendar is an invaluable resource for traders who rely heavily on the news for their trading strategies. Additionally, DailyFX serves as a portal to a vibrant online discussion forum in the forex trading community. Avoiding market noise and the irrelevant personal commentary that plague many forex blogs and forums, the DailyFX Forum has established a reputation as being a place where real traders go to talk seriously about trading.

 

 

About FXCM Inc.

 

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Any opinions, news, research, analysis, prices, or other information contained on DailyFX.com are provided as general market commentary, and do not constitute investments advice. DailyFX will not accept liability for any loss or damage, including, without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

 

 

Media Relations:

 

DailyFX

Kiana Danial

646-432-2449

Financial Public Relations Associate

kdanial@fxcm.com

 

 

 

FXCM Inc.

Jaclyn Sales

646-432-2463

Vice-President

Corporate Communications

jsales@fxcm.com

 

 

NEWS  FROM FXCM FOR 24-FEB-2011

FXCM Inc. Announced the Winners of the King of the Micro Forex Trading Contest for January
By Kiana Danial

Published: February 24, 2011

Thursday, February 24, 2011—FXCM Inc.(NYSE: FXCM) an online provider of forex trading and related services worldwide, announced the winners of its King of the Micro Contestfor January. FXCM Inc. gives away cash awards every month to three Micro clientswith the highest returns on their trades. All FXCM Micro clients with a minimum of $500 in their account at the beginning of the month are automatically entered in the contest. To remain eligible, they must execute a minimum of ten trades during the month.

January was an eventful month for the forex traders as China continued to tighten monetary policy in order to prevent the economy from overheating, while the EU was weighing alternative measures to address the sovereign debt crisis. At the same time, we saw the rally in the British pound gathering pace. Read below to learn how the traders reached the top of the leader board and what set apart the one crowned King of the Micro from the rest amid the reversal in the DXY (US Dollar Index).

January King of the Micro Gains a High Profit of 1181.58%*, Wins $25,000.

Madhusudhana Vasireddi from Indiaachieved an impressive 1181.58% return. With two years experience in forex trading, Madhusudhana kept trades open from a few minutes to a maximum of five days mostly on the GBP/JPY, GBP/USD, and AUD/USD trades.

Trading Experience: 2 years
Preferred Trading Pairs: GBP/USD GBP/JPY AUD/USD
Average Trade Holds: Min of few minutes, max of 5 days
Average Daily Trading: 3 to 5 hours
Key for Success: Controlling his emotions

 Read the January King’s full surveyand trading report.

SECOND PRIZE:Hongwei Gu from China sees 707.96%* profit, wins $10,000.

Trading Experience:4 years
Preferred Trading Pairs: AUD pairs
Average Trade Holds: Min of 1 to 2 days or longer
Average Daily Trading: 3 to 4 hours
Key for Success: Being rigorous, bold, and decisive

Read the second prize winner’s full surveyand trading report.

THIRD PRIZE: Chung Kai Chanfrom Hong Kong sees 304.41%* profit, wins $5,000.

Trading Experience: 1 year
Preferred Trading Pairs: GBP/USD, AUD/JYP, GBP/JYP, GBP/CHF
Average Trade Holds: Min of 1 day to max of few weeks
Average Daily Trading: 1 hour
Key for Success: Read extensively and think carefully

Read the third prize winner’s full surveyand trading report.

To learn more about the contest, and to deposit money into your FXCM Micro account, view the King of the Micro Monthly Trading Contest Rules.

About FXCM

FXCMInc.(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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary, and does not constitute investment advice. Read full risk disclaimer.

 *Past performance not indicative of future results.

 

 NEWS  FROM FXCM FOR 01-FEB-2011 

FXCM Launches FXCM Forex Execution Center: FXCM Explains Their No Dealing Desk Forex Execution Model vs. Competitors Dealing Desk

New York, February 1, 2011—FXCM Inc., (NYSE: FXCM) launches the FXCM Forex Execution Center. With numerous requests for transparency in the forex market, the FXCM Execution Center will be a central hub on the FXCM websites that will provide forex traders with detailed information regarding forex execution practices. FXCM will continue to update this area over the coming months with insightful information and analysis.

The first step is to explain the different forex execution models. Unlike most other forex brokers, who act as market-makers, FXCM operates on an agency execution model.

FXCM takes the best bid and ask prices streamed to them from multiple large financial institutions, adds a markup (commission) on top of those prices, and shows them to clients. FXCM makes an identical amount of money in the form of pip markups (which are really commissions) regardless of whether the customer makes or loses money on a trade. As a result, FXCM earns consistent and transparent revenue per trade.

This is significantly different from brokers who operate a dealing desk execution model, where the revenue per trade is not as transparent. There are common practices, many times unknown to customers, which allow dealing desk firms to make more than just the mark-up attached to the prices streamed from large financial institutions. These practices include, but are not limited to, re-quoting customer trades, taking the opposing side of customers trades, and even preventing customers from trading or managing their positions during news events.

Many experienced forex traders may find the concept difficult to grasp. And it is especially hard for those new to the forex industry.

No Dealing Desk (FXCM): Learn How FXCM Executes Your Forex Trades

Watch Now: http://www.fxcm.com/fxcm-forex-execution.jsp

Dealing Desks (most of the other guys) learn about the potential conflict of interest between dealing desks and traders

Watch Now: http://www.fxcm.com/fxcm-forex-execution.jsp

To learn more about FXCM’s forex trading execution model, visit the FXCM Execution Center here: Forex Execution Center

About Us

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

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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver, and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary and does not constitute investment advice. Read full risk disclaimer.

Contacts

FXCM Inc.

Media:

Jaclyn Sales, Vice President of Corporate Communications

646-432-2463

jsales@fxcm.com
Investor Relations

FXCM Inc.

(646) 432-2986

InvestorRelations@fxcm.com

www.FXCM.com

Forex Capital Markets is headquartered at Financial Square 32 Old Slip, 10th Floor, New York, NY 10005 USA. 

 

 

 NEWS(1)   FROM FXCM FOR 24-JAN-2011

Winners of FXCM King of the Micro Forex Trading Contest in December Are Announced

Monday, January 24, 2011—FXCM Inc. (NYSE: FXCM) gives away cash awards every month to three of its Micro clients with the highest returns on their trades. All FXCM Micro clients with a minimum of $500 in their account at the beginning of the month are automatically entered in the contest. To remain eligible, Micro clients must execute a minimum of ten trades during the month.

How the Online Traders Won the December Contest

Read below to learn how the traders reached the top of the leader board and find out what set apart the one crowned King of the Micro from the rest amid the drain in liquidity in December, which led to a sharp increase in volatility, resulting in more consistent swings, particularly in the USD. Full interviews and the winners’ trading history can be found on the FXCM Micro forum.

GRAND PRIZE WINNER:Ahmed El-Shazly from the United Arab Emirates sees 756.86% profit, wins $25,000 cash.*

Trading Experience: 3 years

Preferred Trading Pairs:GBP pairs

Average Trade Holds:1-2 days

Average Daily Trading:Average of 4 hours

Key  for Success:Believing in his method and analysis. Sticking to his money management rules.

Read the December King’s full survey and trading report.

SECOND PLACE WINNER:Baolin Cao from China sees 693.57% profit, wins $10,000 cash.*

Trading Experience: 7 years

Preferred Trading Pairs:AUD, EUR, GBP

Average Trade Holds:A few days

Average Daily Trading:A few hours

Key  for Success:Being well-balanced in trading

Read the second place winner’s full survey and trading report.

THIRD PLACE WINNER:Tuck Leong Lai from Malaysia sees 655.61% profit, wins $5,000 cash.*

Trading Experience: 3-4 months

Preferred Trading Pairs:EUR/USD & AUD/USD

Average Trade Holds:10-20 market days

Average Daily Trading:6-8 hours

Key  for Success:Risk management

Read the third place winner’s full survey and trading report.

To learn more about the contest, and to deposit money into your FXCM Micro account, view the King of the Micro Monthly Trading Contest Rules.

View the video announcement of December King of the Micro winners.

About FXCM

FXCMInc.(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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver, and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex tradingand provides free news and market research through DailyFX.com.

 

* Past performance is not indicative of future results.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary, and does not constitute investment advice. Read full risk disclaimer.

NEWS(2)   FROM FXCM FOR 24-JAN-2011

Monday, January 24, 2011—FXCM Inc. (NYSE: FXCM) gives away cash awards every month to three of its Micro clients with the highest returns on their trades. All FXCM Micro clients with a minimum of $500 in their account at the beginning of the month are automatically entered in the contest. To remain eligible, Micro clients must execute a minimum of ten trades during the month.

 How the Online Traders Won the December Contest

Read below to learn how the traders reached the top of the leader board and find out what set apart the one crowned King of the Micro from the rest amid the drain in liquidity in December, which led to a sharp increase in volatility, resulting in more consistent swings, particularly in the USD. Full interviews and the winners’ trading history can be found on the FXCM Micro forum.

GRAND PRIZE WINNER:Ahmed El-Shazly from the United Arab Emirates sees 756.86% profit, wins $25,000 cash.*

 

Trading Experience	Preferred Trading Pairs	Average Trade Holds	Average Daily Trading	Key  for Success
3 years	GBP pairs	1-2 days	Average of 4 hours	Believing in his method and analysis. Sticking to his money management rules.

Read the December King’s full survey and trading report.

SECOND PLACE WINNER:Baolin Cao from China sees 693.57% profit, wins $10,000 cash.*

 

Trading Experience	Preferred Trading Pairs	Average Trade Holds	Average Daily Trading	Key  for Success
7 years	AUD, EUR, GBP	A few days	A few hours	Being well-balanced in trading

Read the second place winner’s full survey and trading report.

THIRD PLACE WINNER:Tuck Leong Lai from Malaysia sees 655.61% profit, wins $5,000 cash.*

 

Trading Experience	Preferred Trading Pairs	Average Trade Holds	Average Daily Trading	Key  for Success
3-4 months	EUR/USD & AUD/USD	10-20 market days	6-8 hours	Risk management

Read the third place winner’s full survey and trading report.

To learn more about the contest, and to deposit money into your FXCM Micro account, view the King of the Micro Monthly Trading Contest Rules.

View the video announcement of December King of the Micro winners.

 About FXCM

FXCMInc.(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 UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver, and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex tradingand provides free news and market research through DailyFX.com.

 * Past performance is not indicative of future results.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary, and does not constitute investment advice. Read full risk disclaimer.

NEWS FROM FXCM FOR  17-NOV-2010

 FXCM Continues to Add Enhancements to the MarketScope Charting Package

Sydney, 7 July 2010—FXCM Australia Ltd., (www.fxcm.com.au ), a leader in the retail forex business, has launched new CFD instruments that combine forex, global stock indices, oil and gold trading into a single easy to use platform.

Key features of online CFD trading with FXCM include:

Dan Perry, managing director at FXCM Australia says:

“FXCM opened its Australia office in early 2009 to act as headquarters for the company's expansion into the South Pacific region. As it has expanded its local reach and global footprint into the Pacific, the company has hired staff locally to provide clients with quick deposit, withdrawal and support services.

FXCM Australia Ltd. currently provides a full package of currency trading products, services and education, and is pleased to include CFDs. Everything we do at FXCM is driven by client demand. Our clients have long asked to apply the no re-quote business logic we adopted for our award-winning forex service to the index, oil and metals CFD marketplace.”

By trading with FXCM, retail clients benefit from FXCM's cutting-edge technology. Also, in forex exchange instruments, clients benefit from FXCM’s close banking relationships with over ten of the largest and most aggressive forex price providers who supply clients with large pools of liquidity at highly competitive spreads, even during market-moving news events. Furthermore, FXCM believes that the new index, commodity and precious metal CFD instruments will complement their existing forex business and appeal to more retail clients in Australia and New Zealand, enabling them to trade a range of products from a single trading account.

To open a free practice account and begin trading CFDs with FXCM Australia, please go to: http://www.forextrading.com.au/free-forex-accounts.jsp.

**Please Note: FXCM Australia Ltd. has released the following documents. It is important that you familiarise yourself with all the following documents before trading CFDs. **

A new CFD Product Disclosure Statement: View Here

Modified version of the FX Product Disclosure Statement: View Here

Modified version of the Financial Services Guide: View Here

 Modified version of the Terms of Business: View Here

Should you have additional questions, please refer to: CFD Frequently Asked Questions.

About FXCM Holdings LLC

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

FXCM's CFD product^† offers no re-quote trading and allows traders to trade oil, gold, silver and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading and provides free news and research through DailyFX.com.

*FXCM is compensated through the bid/ask spread except where otherwise noted.

^†Please note that CFD accounts are not available to residents of the U.S. and its territories.

Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all investors.

Risk Warning: Trading foreign exchange and/or CFDs on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange and/or CFDs offered by FXCM Australia Ltd. you should carefully consider your objectives, financial situation, needs and level of experience. FXCM provides general advice that does not take into account your objectives, financial situation or needs. The content of this Web site must not be construed as personal advice. By trading, you could sustain a total loss of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading in foreign exchange products and you should read and consider the Financial Services Guide, Product Disclosure Statement, and Terms of Business issued by FXCM Australia Ltd. before making any decision about whether to trade the foreign exchange or CFD products offered by FXCM Australia Ltd. Foreign exchange and CFD products are only suitable for those customers who fully understand the market risk. For any questions or to obtain a copy of any documents, contact FXCM Australia Ltd. at support@fxcm.com.au. FXCM recommends you seek advice from a separate financial advisor.

                                                                 NEWS FROM FXCM FOR 06-July-2010

 

ODL Markets offers No Dealing Desk Execution on forex trades

 FOR IMMEDIATE RELEASE

06 July 2010—Clients of ODL Markets are now benefitting from No Dealing Desk execution on their forex trades, eliminating dealer intervention to provide you with transparent and fair execution.

No Dealing Desk execution provides greater transparency and fairer execution by removing the conflict of interest between brokers and traders as well as reducing the potential for market interference by price providers.

ODL Markets is taking a lead in the UK by offering FXCM’s No Dealing Desk execution on forex and spread bet transactions and no re-quotes on CFD trades. As a result, ODL Markets is able to stream competitive spreads that are provided by some of the world’s largest banks and financial institutions and streamed to traders with a small mark up. Spreads can be as low as 1 pip or less for major currency pairs.

The change affects almost 14,500 individual trading accounts and comes a month after FXCM agreed to terms to acquire the ODL Group. ODL clients are now benefitting from FXCM’s established relationships and can have the confidence of trading with one of the world’s largest and strongest retail forex, CFD and spread betting companies.

Drew Niv, CEO of FXCM, the global forex and CFD powerhouse, said: ““FXCM spearheaded the introduction of No Dealing Desk execution to the market in 2006 and ODL Markets clients can now benefit from No Dealing Desk execution on forex trades. Under No Dealing Desk execution, every forex trade is executed back to back with one of the world's premier banks or financial institutions. Banks compete with each other to offer FXCM the best bid and ask prices, which we pass onto our clients, resulting in low spreads and faster execution as there is no intervention from a dealing desk. Another major benefit is the ability to place orders within 1 pip of the market with no restrictions.

“Having multiple price providers is especially important in volatile markets when one or two banks may post wide spreads, or simply avoid quoting any price at all. With so many major banks quoting prices to FXCM there are competitive spreads, even during market-moving news events.”

To open a No Dealing Desk account through ODL Markets go to: http://www.odlmarkets.com/accounts/.

Risk Warning: Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors. Read FXCM’s full disclosure: http://www.fxcm.co.uk/docs_pdfs/risk-disclosure.pdf   

About ODL Group:

ODL Group is a leading, independent forex, derivatives, equity and commodity trading house. Headquartered in London, ODL Securities offers retail, IB and white label clients an integrated approach to trading diverse financial products. The ODL Group now trades under the names ODL Markets powered by FXCM.

ODL Group Limited (ODL) announced on 5 May 2010 that it has agreed on terms to be acquired by FXCM Holdings LLC (FXCM), a leading global forex broker that caters to both retail and institutional markets. ODL’s strong UK and European businesses will provide an excellent complement to FXCM’s sizeable operations in both the United States and Asia. The combined companies will operate as one of the largest non-bank forex brokers globally servicing over 200,000 live trading accounts with combined client assets in excess of US$800 million. The deal is still pending final due diligence review and regulatory approval.

ODL Securities Limited is authorised and regulated by the Financial Services Authority and is a member firm of the London Stock Exchange and NYSE Euronext, LIFFE. For further information please visit www.odlmarkets.com.

                                                                  NEWS FROM FXCM FOR 23-June-2010

May FXCM King of the Micro Winner Boasts 3110% Profit*

New York, New York – June 23, 2010

May proved an especially exciting month for FXCM King of the Micro competitors, and can be summed up with one word—volatility. As the Greek sovereign debt crisis prolonged the euro’s precipitous decline (EUR/USD shed 1042 pips for the month) and sent shockwaves throughout the global economy, the safe haven U.S. dollar saw huge gains while the Japanese yen benefitted tremendously from the unwind of carry trades. Lucrative trade opportunities abounded and smart traders took big advantage.

 (***Disclaimer: Although the information expressed below was obtained from actual FXCM account records, gains of the magnitude described are not typical and, therefore, are not representative of the majority of forex traders as past performance is not indicative of future results. ***)

Artus Modras of Poland, our winner, achieved an extraordinarily impressive 3110%* return for the month. Utilizing fundamental analysis and a host of technical indicators, Modras kept trades open for up to several weeks to rack up substantial pip increases on the GBP/JPY, GBP/USD, and EUR/USD trades. Along with a few admittedly lucky breaks, Modras attributes much of his success to the sixteen years of trading experience he has acquired, beginning at the Warsaw Stock Exchange. “Experience is the key to success,” says Modras. “Traders have to spend many years in the market to develop the reflexes required to enter and exit trades at the right moments.” View Modras’s trading report and survey.

In second place, Chin Lin Chong of Malaysia scalp traded his way to a 1132%* profit on EUR/USD and EUR/JPY. Chong is a relative newcomer to the forex market with a year of experience under his belt. Although trading has not changed his life too much yet, Chong believes he possesses the confidence, discipline, and patience needed to overcome greed and thrive as a currency trader. View Chin’s trading report and survey.

Finishing in third place was Hongyan Jin of China with a 787%* return. Keeping trades open anywhere between three days and over a week, Jin made his largest profits trading USD/JPY and EUR/USD. Jin encourages fellow traders to continually reexamine their trading habits in order to sharpen their instincts and identify the strategies that work best. View Hongyan’s trading report and survey.

What is the FXCM King of the Micro Contest?

King of the Micro is a currency trading contest hosted by FXCM, which gives away cash prizes every month: $25,000 for the trader with the highest trading return, $10,000 to second place, and $5,000 goes to third place. Since its inception, FXCM has awarded over $500,000 in cash prizes.

In the past, winners have come from the United States, China, Malaysia, Canada, and the United Kingdom, among others. It’s free to enter and no registration is needed, making it easier than ever. All you need to do is be an FXCM client with $500 in your Micro account at the beginning of each month, and you’re automatically entered. You also must make ten trades during the month to remain eligible.

For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, click here.

FXCM Micro is a division of FXCM that provides new traders with access to the currency markets for as little as $25. With a small (1K) lot size, FXCM Micro provides a great way to get started in the forex market. FXCM Micro is offered for individual, self-traded accounts.

FXCM Holdings LLC Facts

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

At the heart of FXCM’s client offering is No Dealing Desk† forex trading. Clients have Direct Market Access to some of the world's largest forex liquidity providers, enabling FXCM to offer clients spreads as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution, and trading from real-time charts. FXCM’s CFD product** offers no re-quote trading and allows traders to trade oil, gold, silver, and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.

* Past performance is not necessarily indicative of future results.

 † Please note, FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM standard accounts. For additional information, click here.

 ** Please be advised that CFD accounts are not available residents of the U.S or its territories.

Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

 Press Contact:

Gregory Kelly
E-mail: gkelly@fxcm.com
Phone: (646) 432-2122

 Gregory Kelly

Public Relations Associate

Forex Capital Markets
32 Old Slip, 10th Floor
New York, NY 10005
E-mail: gkelly@fxcm.com
Phone: (646) 432 - 2122

 

                                                                     NEWS FROM FXCM FOR  25-May-2010

New DailyFX Trading Course Raises the Bar for Online Forex Education

 

New York, May 25, 2010—DailyFX (www.dailyfx.com), FXCM’s free news and research Web site, is proud to announce the launch of its new, video-based DailyFX Trading Course, free to all live FXCM clients.

For years, FXCM has offered a variety of trading courses. These courses have been extremely popular, with thousands of students completing them. But despite their tremendous popularity, these courses underwent some revamping recently in order to continue setting the standard for online forex education.

“We have always been pleased with the positive reviews from traders who enrolled in the old Power Course,” says DailyFX Education Team Lead Jeremy Wagner. “But we realized we were reaching a relatively small portion of the forex community and limiting the amount of information that our students were learning. To make the course more effective and accessible, and to reach out to a larger group of traders, we decided to upgrade the course from a forum-based offering to a video-based offering. And so far, we’re really glad we did.”

Continuing the DailyFX commitment to provide traders with the very best educational tools and resources on the Web, the DailyFX Trading Course is designed to introduce popular trading tools and techniques in a manner that both new and experienced traders can benefit from. The bulk of the course consists of 60 video lessons, spanning 15 trading subjects, and over ten hours of live instructor led webinars each week. In addition to the videos and webinars, students can complete homework assignments and further their learning through course forum discussions. Moreover, the curriculum’s “go at your own pace” and “learn what you want” format provides students the flexibility and freedom to focus on the subjects they want for as long as they want.

However, unlike previous DailyFX course offerings, the new DailyFX Trading Course is not for sale. Instead it is free to all live FXCM clients.

“Rather than focusing our energies on selling the course to the general public, we’re concentrating all of our resources on our clients,” says Marc Prosser, CMO of FXCM. “We want our instructors to be able to dedicate all of their time to helping FXCM clients improve their trading skills and continue cultivating their passion for online currency trading.”

Participating in the new DailyFX Trading Course is easy. If you already have a live FXCM account, simply log into DailyFX+ and start learning. If you don’t have a live FXCM account but are interested in taking the course and gaining 24-hour, seven day a week access, simply open an FXCM account today.

 

What’s in the Course?

To learn more about the DailyFX Trading Course and to sign up for any live FXCM trading account, click here.

And to get a sneak peek at the new trading course, contact me at the email address below for a trial login.

# # #

 

FXCM Holdings LLC Facts

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

At the heart of FXCM’s client offering is No Dealing Desk* forex trading. Clients have Direct Market Access to some of the world's largest forex liquidity providers, enabling FXCM to offer clients spread as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution, and trading from real-time charts. FXCM’s CFD product† offers no re-quote trading and allows traders to trade oil, gold, silver, and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.

* Please note, FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM standard accounts. For additional information, click here.

† Please note that CFD accounts are not available to residents of the U.S. and its territories.

Trading foreign exchange and CFD’s on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.

 

Press Contact:

Gregory Kelly

Public Relations Associate

 

Forex Capital Markets

32 Old Slip, 10th Floor

New York, NY 10005

E-mail: gkelly@fxcm.com

Phone: (646) 432 - 2122

 

                                                                       NEWS FROM FXCM FOR 05-May-2010

 

ODL Group Limited To be Acquired by FXCM Holdings, LLC

ODL Group Limited (“ODL”), a leading, independent forex, derivatives, equities and commodities broker, announces today that it has agreed on terms to be acquired by US-based FXCM Holdings LLC (“FXCM”), a leading global forex broker that caters to both retail and institutional markets. ODL’s strong UK and European businesses will provide an excellent complement to FXCM’s sizeable operations in both the United States and Asia. The combined companies will operate as one of the largest non-bank forex brokers globally servicing over 200,000 live trading accounts with combined client assets in excess of US$800 million. The deal is still pending final due diligence review and regulatory approval.

Founded in 1999, FXCM is one of the largest forex brokers, regulated by several financial regulators including the Financial Services Authority in the UK and the Commodity Futures Trading Commission in the U.S. FXCM is one of very few forex and CFD brokers to regularly publish its balance sheet. With over $135 million in firm capital (assets minus liabilities), FXCM exceeds regulatory requirements.

Post acquisition, ODL will continue to trade under its current name. A major benefit to ODL clients will be that they gain access to FXCM’s No Dealing Desk execution on forex trades. Under No Dealing Desk execution, forex trades are fully-automated and executed back-to-back with one of the world's premier banks or financial institutions. Over ten banks compete to provide FXCM with bid and ask prices, resulting in low spreads and fast execution, with no intervention from a dealing desk on forex trades. Another major benefit of No Dealing Desk execution is the ability to place orders within one pip of the market with no restrictions.

Commenting on the acquisition, Drew Niv, CEO of FXCM, said: “For several years, FXCM has been working towards becoming a major player in Europe. The deal with ODL will provide us with a great opportunity to achieve this. We believe FXCM will be the only retail forex firm with a truly global footprint. In an industry in which size and scale are important, this is a major advantage.”

No financial information regarding the structure of the deal is being released.

London based specialist advisory firm FT Advisors Limited acted as exclusive advisor to ODL.

San Francisco based FT Partners www.ftpartners.com served as sole strategic advisor to FXCM.

Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all investors

-Ends -

For further information please contact:

 

ODL Group Limited
Graham Wellesley, Vice Chairman	Tel: +44 (0) 20 7903 6100

 

 

FXCM Holdings LLC
Jaclyn Sales, Public Relations Manager	Tel: +1 646 432 2463

 

Media Enquiries:

 

Abchurch Communications
Henry Harrison-Topham / Nick Probert	Tel: +44 (0) 20 7398 7702
henry.ht@abchurch-group.com	www.abchurch-group.com

 

Notes to Editors

ODL Securities is a leading, independent forex, derivatives, equity and commodity trading house. Headquartered in London, with affiliates in Australia and Turkey, ODL has over 200 staff globally and clients from over 100 countries. ODL Securities offers Retail, IB and White Label clients an integrated approach to trading diverse financial products. The Group companies now trade under the names ODL Markets in the UK (for retail business).

Originally founded in 1994 as an Options House with just 28 staff, ODL Securities Limited received a capital injection from new shareholders in 2004 and a new senior management team was appointed. Since then, a wide range of enhancements have been implemented across all areas of the business, and new products introduced.

ODL Securities Limited is authorised and regulated by the Financial Services Authority and is a member firm of the London Stock Exchange and NYSE Euronext, LIFFE. For further information please visit www.odlmarkets.com

About FXCM Holdings LLC:

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities. For further information please visit www.fxcm.co.uk

Regulated by:

Financial Services Authority (United Kingdom)

Commodity Futures Trading Commission (United States);

A member of the National Futures Association (United States)

Securities and Futures Commission (Hong Kong)

Commissione Nazionale per le Società e la Borsa (Italy)

Australian Securities and Investments Commission (Australia)

Bundesanstalt für die Finanzdienstleistungsaufsicht (Germany)

Comité des Établissements de Crédit et des Entreprises d'Investissement (France)

Licensed by Dubai Multi Commodities Centre (Dubai)

A Broker Member on the Dubai Gold & Commodities Exchange (Dubai)

FXCM Holdings, LLC consists of FXCM Australia LTD., Forex Trading LLC, Forex Capital Markets LLC, Forex Capital Markets LTD, FXCM Asia LTD and FXCM DMCC.

- Ends -

                                                                       NEWS FROM FXCM FOR 29-April-2010

FXCM King of The Micro Winner - 970% profit*

New York –April 28, 2010

To be King, you must have a strategy. That’s what put last month’s King of the Micro winner, Cao Yanhui on top. Yanhui, who lives in China, won $25,000 in the popular trading contest with an impressive profit of 970.43% by focusing primarily on the EURUSD currency pair. By targeting one pair, Yanhui was able to concentrate his efforts and ultimately win the competition. He largely did so by increasing his positions within a few days of the EUR fall, raking in considerable profits. Having traded forex for over three years, Yanhui’s trading preparation usually involves reviewing candlestick charts and analyzing forex commentary prior to placing trades. Although he takes trading seriously, Yanhui says he doesn’t take a loss to heart and believes his untroubled attitude is what has made him so successful. He would advise other traders to think the same way saying, “Don’t take results too seriously and enjoy the process.” View Yanhui's trading report and survey.

Coming in behind Yanhui was Luo Yupeng, who lives in the U.S., winning 841.76% with focus on the GBPUSD and EURGBP pairs. He has found success in forex by constantly reflecting on his greatest weaknesses and working to correct them. He considers perseverance, excellent reasoning skills, and an objective mindset to be the most important traits of a successful trader. Adegeye Oluwaseun, also from the U.S., followed Yupeng to take third place with 526.59% and trading as many as five currency pairs. He encourages others to, “stay focused on the end result you desire… and with time it can be attained.” View Yupeng and Oluwaseun's trading report and survey.

King of the Micro is a currency trading contest hosted by FXCM, which gives away cash prizes every month: $25,000 for the trader with the highest trading return, $10,000 to second, and $5,000 goes to third place.

For the past four years, King of the Micro has given traders around the world the chance to be King. In the past, winners have come from the U.S., China, Malaysia, Canada, and the U.K, among others. It’s free to enter and no registration is needed, making it easier than ever to hit it big. All you need to do is be an FXCM client with $500 in your Micro account at the beginning of each month, and you’re automatically entered. You also must make ten trades during the month to remain eligible.

For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, click here.

FXCM Micro is a division of FXCM that provides new traders with access to the currency markets for as little as $25. With a small (1K) lot size, FXCM Micro provides a great way to get started in the forex market.  FXCM Micro is offered for individual, self-traded accounts. All participants of the King of the Micro contest can receive the FXCM Power Course free to improve their chances to be the King.

FXCM Holdings, LLC Facts

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

*Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.

Read more: DailyFX - King of the Micro Winner - 970% profit* http://www.dailyfx.com/forex/fxcm_news/2010-04-28-1851-King_of_the_Micro_Winner.html#ixzz0mQQfAc4v

 

 

 

                                                                      NEWS FROM FXCM FOR 29-April-2010

 

FXCM Holdings LLC Balance Sheet

New York, April 29, 2010—FXCM Holdings LLC has released its latest balance sheet. The numbers reflect FXCM’s financial strength and status as of February 28, 2010. Highlights include:

 

FXCM believes that financial transparency in the retail forex industry is more important than ever and will continue to publicly post its balance sheet on its Web site quarterly here: http://www.fxcm.co.uk/fxcm-balance-sheet.jsp.  

Balance Sheet (Unaudited)
FOR THE MONTH ENDED FEBRUARY 28, 2010
(Amounts in USD)

CUSTOMER CASH	$365,319,721
OPERATING CASH	$152,167,482
OTHER ASSETS	$11,204,504
FIXED ASSETS	$10,095,086
TOTAL ASSETS	$538,786,793
CUSTOMER DEPOSITS	$365,319,721
OTHER LIABILITIES	$35,597,027
TOTAL LIABILITIES	$400,916,748
FXCM CAPITAL	$137,870,045
TOTAL LIABILITIES AND FXCM CAPITAL	$538,786,793

Drew Niv, CEO of FXCM, commented: “FXCM is proud of our continued financial discipline and strong balance sheet. We believe clients should have the necessary information to make intelligent choices.”

FXCM Holdings LLC consists of FXCM Australia Ltd., Forex Trading LLC, Forex Capital Markets LLC, Forex Capital Markets Ltd., FXCM Asia Ltd., and FXCM DMCC.

# # #

 

About FXCM Holdings LLC

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

At the heart of FXCM’s client offering is No Dealing Desk* forex trading, Clients have Direct Market Access to some of the world's largest forex liquidity providers, enabling FXCM to offer clients spread as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution and trading from real-time charts. FXCM’s CFD product† offers no re-quote trading and allows traders to trade oil, gold, silver and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.

*Please note that FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM Standard accounts.

† CFDs are not available to residents of the United States of America and its territories.

Risk Disclaimer: Trading FX and CFDs on margin carries a high level of risk, and may not be suitable for all investors read full disclosure.

 

                                                                  NEWS FROM FXCM FOR 01-April-2010

 

Sean Hyman to speak at Currency Trading Expo in Las Vegas, Hosted by FXCM

Join FXCM at the Rio in Las Vegas, May 3–4, 2010, for a two-day Currency Trading Extravaganza

 

Wildly popular fundamental and technical strategist Sean Hyman will speak at FXCM’s Currency Trading Expo, which will be held in Las Vegas on May 3 and 4, 2010. Sean has worked in equities and forex as a trader, analyst, and educator for over 17 years, and is currently the moderator of the DailyFX forums. He is considered to be a leading expert in his field as well as a compelling presenter whose services are a regular addition to trading conferences each year. Attendees will have the opportunity to hear him speak about three special topics:

- Introduction to FXCM and the Forex Markets: Sean will discuss pips, lots, and the advantages of the forex market over the stock market.

- Using Commodities (Oil and Gold) to Trade Currencies:  Learn how gasoline/oil, gold, and the Dow Jones Industrial Average correlate to the currency markets.

- Forex Cross Currencies and Emerging Markets Currencies: Learn the advantages of trading crosses over “the majors” and how to leverage the most exciting emerging market currencies.

You can register and view the complete workshop schedule and speakers list at: http://clk.atdmt.com/FXM/go/207215842/direct/01/

About FXCM Holdings LLC

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

At the heart of FXCM’s client offering is No Dealing Desk* forex trading, Clients have Direct Market Access to some of the world's largest forex liquidity providers, enabling FXCM to offer clients spread as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution and trading from real-time charts. FXCM’s CFD product† offers no requite trading and allows traders to trade oil, gold, silver and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.

*Please note that FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM Standard accounts.

†MetaTrader 4 and CFD accounts are available through Forex Capital Markets Ltd.


Risk Disclaimer: Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors read full disclosure.

 

 

                                                                      NEWS FROM FXCM FOR 31-March-2010

A Leading Online Global Broker Presents Forex, Oil, Gold and Indices on One Platform

Direct Market Access to Some of the World's Largest Forex Liquidity Providers with Enhanced Order Execution from FXCM

London, 31 March 2010FXCM LTD has launched new trading instruments. Now, in addition to forex, traders can trade oil, gold and global stock indices on one platform.

FXCM LTD began offering CFD trading in September 2009. Due to its increasing popularity, FXCM has decided to make CFD trading more widely available and has included all instruments on one platform. Watch Video

Why Trade CFDs with FXCM?

With the FXCM Trading Station’s one-click order execution, traders will never again be more than a few seconds away from putting their opinions to the test!

For any questions, please call FXCM currency specialists, who are available 24 hours a day, at +0808 234 8789, or by e-mail at info@fxcm.co.uk.

About FXCM:

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

At the heart of FXCM’s client offering is No Dealing Desk^† forex trading. FXCM Clients have Direct Market Access to some of the world's largest forex liquidity providers; enabling FXCM to offer clients spreads as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution and trading from real-time charts. FXCM’s CFD product offers no requote trading and allows traders to trade oil, gold, silver and stock indices, along with forex, on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.

* FXCM is compensated through the bid/ask spread except where otherwise noted. Please note commission charges apply for certain classes of non-standard accounts such as Active Trader. For additional information, click here.

^† Please note, FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM Standard accounts.

Risk Disclaimer: Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors read full disclosure.

Media Contact:

Jaclyn Sales, jsales@fxcm.com, 1-646-432-2463

 

 

                                                                      NEWS FROM FXCM FOR 24-March-2010

Forex Leader FXCM Opens Office in Germany

For enhanced Order Execution - Trade Forex with FXCM’s No Dealing Desk Execution

• No Re-Quote Trade ExecutionFXCM will not interfere in client trading by re-quoting trades.
• No Debit Balance
  Unlike trading with other providers, margin trading with FXCM will guarantee that traders will never have to pay a deficit balance as a result of trading.
• No Commissions,* Tight Spreads
  Use less money to trade more. With FXCM, traders are able to trade commission-free with competitive spreads.
• CFD Product Details (Stock Indices, Oil, Gold)
• CFD Frequently Asked Questions