Forex Industry Week Review: GCMFX bankruptcy, GO Markets CEO in, TechFinancials COO out, and lots more… LeapRate

April 23, 2017 BY LeapRate Staff

Forex Industry Week Review: GCMFX bankruptcy, GO Markets CEO in, TechFinancials COO out, and lots more...

Management changes continued to dominate Forex Industry News this week, with all the key changes reported first or exclusively at LeapRate. In more detailed coverage, we unveiled what seems to be behind the bankruptcy of retail forex broker GCMFX - and it certainly wasn't what the company is claiming. Politics also made its way into…

April 20, 2017 BY LeapRate Staff

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.

April 16, 2017 BY LeapRate Staff

Forex broker bankrupt: GCMFX parent files, and GCM Prime connection

Gallant 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…

December 29, 2016 BY LeapRate Staff

GCM Prime posts just £61,000 of Revenue in Fiscal 2016, sees loss of £729,000

LeapRate 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…

Tag: gcmfx.com