GMG

About the company

According to its official website, GMG is a multi-regulated inter-dealer broker arranging transactions between institutional counterparties. The site says the firm was established in 2009 with parallel foundations in the UK and the UAE, serves more than 200 financial institutions and operates under the non-operating holding company GMG Group Limited through regulated entities in the United Kingdom, the European Union, the UAE and South Africa. Its services cover FX in emerging market currencies, interest rate derivatives and fixed income through voice broking and liquidity facilitation; the firm distributes market data derived from this activity via Bloomberg and LSEG. According to the site, GMG (Dubai) Limited has been authorised by the DFSA since 2009 and deals on a matched principal basis only; GMG Brokers Ltd in London is authorised by the FCA and is an NFA member, GMG Europe B.V. in Amsterdam is stated to be regulated by the Dutch AFM with an OTF licence, and the registration of GMG Africa (Pty) Ltd in Johannesburg is in progress. GMG (Dubai) Limited, listed in the DFSA register under reference F001134, is authorised for dealing as agent, dealing as principal on a matched principal basis and arranging deals in investments. The site warns about fake websites using the GMG name and says its only official address is gmg-brokers.com. This information is the company's own statement.

Account Details

Licences and regulation

DFSA (United Arab Emirates (Dubai))

FCA (United Kingdom)

Sources and verification history