Stratos Markets Limited, the UK arm of online forex and CFDs broker FXCM, has revealed its trading data for 2022 in a regulatory filing.
In 2022, the company's comprehensive income amounted to $860,552, up 77.5% from $227,982 in 2021.
Meanwhile, the company's turnover declined 12.8% to $10,736,093 from $12,096,854. But operating profit soared 119.7% to $443,214 from $201,696 last year. Profit before tax from ordinary activities also rose 168.1% to $759,159.
However, during this period, the company's client cash hold fell 3.3% to $142.2 million and its capital resources decreased a little to $64.4 million.
Recently, FXCM is in the midst of a rebranding process, with several of its global branches having changed their names to Stratos.