FXCM Broker Announced Increased Revenue

FXCM, a leading online forex broker announced for the quarter ended September 30, 2011, revenues increased to $109.1 million, compared to $103.4 million for the second quarter 2011 and $90.5 million for the third quarter 2010, an increase of 5% and 20% respectively.

For the nine months ended September 30, 2011 revenues increased 16% to $307.1 million, compared to $264.2 million for the corresponding period in 2010.

"FXCM delivered solid results in the third quarter. Our retail client volume of $1,042 billion was a quarterly record," said Drew Niv, Chief Executive Officer of FXCM Inc. "We are particularly pleased that our US operations turned in a particularly solid performance with 38% sequential growth in volume from the second quarter 2011."