Financials

Transparency at Every Level

As a group operating under multiple regulatory frameworks, GMG is committed to full transparency with our regulators, clients, and counterparties regarding our financial health and capital adequacy.

Regulatory Capital & Adequacy

Each of GMG's regulated entities monitors its regulatory capital and strives to maintain capital in excess of the minimum requirements imposed by its respective regulator. Our capital management approach is conservative by design. We view adequate capitalisation as a client protection matter, not merely a regulatory obligation.

GMG's business model is that of a pure inter-dealer broker: we hold no proprietary trading positions and carry no market risk on our own account. Our capital requirements are therefore driven by operational risk provisions and the working capital requirements of a professional services business.

Our regulatory capital disclosures are filed with the DFSA, FCA, and AFM in accordance with their respective reporting requirements.

GMG Dubai Ltd
Dubai, UAE
DFSA
Adequately Capitalised
GMG Brokers Ltd
London, UK
FCA · NFA
Adequately Capitalised
GMG Europe B.V.
Amsterdam, NL
AFM
Adequately Capitalised
GMG Europe B.V. — Prague Branch
Prague, CZ
AFM · CNB
Adequately Capitalised
GMG Africa (Pty) Ltd
Johannesburg, ZA
Pending
Registration in progress

Capital adequacy status as reported to respective regulators.

Annual Reports & Accounts

Audited annual accounts for each of GMG's regulated entities are filed with the relevant regulatory authority in their respective jurisdiction. Below are the most recent publicly available annual reports.

PDF

GMG Dubai Ltd

Annual Report & Accounts 2023 · 48 pages · 2.1 MB

PDF

GMG Brokers Ltd

Annual Report & Accounts 2023 · 52 pages · 2.4 MB

PDF

GMG Europe B.V.

Annual Report & Accounts 2023 · 44 pages · 1.9 MB

Regulatory Information

Each GMG entity's regulatory status can be verified directly with the relevant authority. We encourage counterparties to conduct their own regulatory due diligence.

DFSA Register
Dubai Financial Services Authority
GMG Dubai Ltd
(Verify on regulator website)
FCA Register
Financial Conduct Authority
GMG Brokers Ltd
(Verify on regulator website)
NFA Registry
National Futures Association
GMG Brokers Ltd
(Verify on regulator website)
AFM Register
Autoriteit Financiële Markten
GMG Europe B.V.
(Verify on regulator website)
CNB Register
Czech National Bank
GMG Europe B.V. — Prague Branch
(Verify on regulator website)

Questions About Our Financials?

Contact us.

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