FXCM hires ex-IG Paul Gyles as Chief Marketing Officer

Rick Steves

FXCM Group has appointed Paul Gyles as Chief Marketing Officer of the renowned provider of online foreign exchange and CFD trading services.

Based in London, Paul Gyles will be responsible for driving the branding and marketing strategy for FXCM, including enforcing the “client first, trader driven” touch.

Brendan Callan, Chief Executive Officer of FXCM, said: “Paul has broad marketing and management experience and a proven track record in high paced financial services and technology environments, so we’re delighted to have him join the FXCM team. It’s an exciting time for FXCM and we’re confident Paul’s wealth of experience and expertise will prove invaluable in ensuring FXCM remains the premier retail broker of choice.”

Paul Gyles, Chief Marketing Officer of FXCM, commented: “I’m excited to join the FXCM team at a time of growth and expansion. I’m looking forward to driving the firms’ branding and marketing strategy, ensuring its best-in-class offering continues to stand out in a competitive market.”

With more than 15 years of experience in director-level marketing positions, Paul Gyles joins FXCM from M&G, where he was Global Director of Brand & Digital Marketing. Prior to that, he was Global Marketing Director at IG for nearly six years after seven years at Sony.

FXCM won Broker of The Year at Ultimate Fintech Awards 2022

FXCM has recently expanded its CFD offering with the doubling of its French, German and UK share offerings, and launched Australian single share CFD trading with zero data fees and commissions (with revenue coming from mark-ups to spreads and rollover).

Last month, FXCM won Broker of The Year at the Ultimate Fintech Awards 2022, in Warsaw, Poland. This is the second year in a row that FXCM won that award,  at a ceremony held in Cyprus from June 8-9 2022.

The broker was founded in 1999 and has grown to be one of the world’s biggest FX and CFD trading providers up until January 2015, when the Swiss peg flash crash drove the firm to bankruptcy and changed ownership.

FXCM now belongs to Leucadia, a subsidiary of Jefferies, and has risen from the ashes to offer a quality trading experience, innovative trading tools, mobile trading, one-click order execution, and trading from real-time charts. The broker also offers educational courses on FX trading and provides trading tools, proprietary data, and premium resources.

The group also boasts FXCM Pro, which provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.

Read this next

Retail FX

Interactive Brokers adds 680k accounts, daily trades hit two-year high

Interactive Brokers LLC (NASDAQ: IBKR) recorded 2.44 million daily average revenue trades (DARTs) in February 2024, marking a notable increase from the 2.2 million transactions observed in the previous month. This figure represents the highest DARTs reported in two years, indicating an 11 percent monthly surge and a 15 percent year-on-year rise.

Retail FX

Financial Commission adds Ultima Markets to membership roster

Multi-asset brokerage firm Ultima Markets, operating under the trading name Ultima Markets Ltd, has been granted membership of the Financial Commission, marking the most recent inclusion into the ranks of the self-regulatory organization.

Digital Assets

Bitcoin hits fresh record high amid massive short squeeze

Bitcoin has surged to record highs against both the euro and the pound, hitting €60,447 and £51,736 respectively on Coinbase. The primary cryptocurrency has seen an almost 7% increase in the past 24 hours.

Digital Assets

US court rules crypto trades as securities in Coinbase case

A US court ruled that trading crypto assets on platforms like Coinbase constitutes securities transactions.

Market News

Weekly Data: Oil and Gold: Brief Review before the NFP

This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook.

Institutional FX

FXSpotStream reports lower volumes for February 2024

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for February 2024, which moved lower on a monthly basis.

Fundamental Analysis

Global FX Market Summary: EUR, USD, Gold March 4th,2024

US Dollar Weakness: The US Dollar (USD) is currently struggling to gain strength due to a combination of factors.

Technical Analysis

Bitcoin Technical Analysis Report 4 March, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 69000.00 (former multiyear high from January)


Finding Opportunity in Challenge: Why New Regulations Offer a Chance For Business to Get on Top of Data Management

The combination of CESOP, PSD3 and the PSR, has put businesses under new pressures. In this engaging article, André Casterman, Senior Advisor at Intix provides invaluable guidance on how companies can stay ahead of the curve.