FXCM Inc. is an online provider of foreign exchange trading and related services to approximately 183,679 active retail customers across the World. The Company offers its customers access to over-the-counter foreign exchange markets through its technology platform. It offers customers an agency model to execute their trades. The Company operates its business through two segments: retail trading and institutional trading. The Company’s institutional trading segment, FXCM Pro, offers foreign exchange trading services to banks, hedge funds and other institutional customers on an agency model basis. The Company also earns other forms of revenue from: referring broker fees and white label arrangements with other financial institutions to provide platform, back office and trade execution services, trading in contract-for-differences, trading in equities and equity options, payments for order flow, FX market prices and other various ancillary FX related services and joint ventures.