About Global Brokerage, Inc.
Global Brokerage, Inc., formerly known as FXCM Inc., is a financial services company specializing in online trading solutions for retail and institutional clients worldwide.
Core Services
- Online foreign exchange (FX) trading
- Contracts for difference (CFD) trading
- Spread betting services
Key Features
The company operates a proprietary trading platform that aggregates price quotations for currency pairs from global banks, financial institutions, and market makers. It serves as a credit intermediary, executing simultaneous trades between customers and FX market makers.
Market Access
Global Brokerage provides clients with access to over-the-counter (OTC) foreign exchange markets.
Corporate History
- Founded in 2010 and headquartered in New York, NY
- Changed name from FXCM Inc. to Global Brokerage, Inc. in February 2017
- Faced involuntary Chapter 7 liquidation petition on March 23, 2023
- Petition approved by U.S. Bankruptcy Court on May 19, 2023