GCMFX posts bankruptcy reasons, which tell just half the story
The REAL story apparently involves Czech police, organized crime investigators, frozen assets, offshore companies, and suspicions of fraud and money laundering.
Read moreThe REAL story apparently involves Czech police, organized crime investigators, frozen assets, offshore companies, and suspicions of fraud and money laundering.
Read moreGallant Capital Markets Ltd, the British Virgin Islands incorporated parent company of retail forex broker GCMFX, has announced on its website gcmfx.com that it has filed for bankruptcy via a voluntary petition under Chapter 11 of the United States Bankruptcy Code, with the United States Bankruptcy Court for the Eastern District of New York. GCMFX…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated Forex and CFD brokerage GCM Prime Ltd posted just £61,385 of Revenue in 2016 (GCM Prime has a March 31 fiscal year end), and a net loss of £729,235 for the year. The shareholders of BVI-based offshore retail forex broker Gallant Capital Markets (gcmfx.com) bought an inactive…
Read moreGallant Capital Markets, Ltd. takes experience into the Prime Brokerage space for FX with a new UK regulated entity. GCM Prime will provide bespoke solutions including custom liquidity pools, white labels and more.
Read moreGallant Capital Markets is interested in acquiring companies which fell foul of the removal of the 1.20 floor on EURCHF by the Swiss National Bank yesterday
Read moreGallant Capital Markets, authorized and regulated by the Financial Services Commission (“FSC”), (License Number: SIBA/L/11/0964) in the British Virgin Islands officially announced this week the launch of its updated 'Pro' account offering. Gallant offers traders access to institutional grade STP/DMA liquidity utilizing aggregated bank feeds. They claim its low-latency offering brings an average matching speed…
Read moreAds and landing pages have been popping up with "We're not in Cyprus" type ads. Forex brokerages (at least some) had been known years ago, rightly or wrongly, for advertising which goes beyond 'aggressive' and borders on 'offensive'. Well it seems as if some of that type of advertising is back in vogue, following the…
Read moreForex firms adding products to offset slow spot FX trading volumes.
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