GMI UK’s Profit Jumps 610% in 2024 with a Revenue Jump and an Expense Cut

The UK entity of GMI Markets, which offers technology and trading services to professional clients, saw its pre-tax profit rise by 610 per cent to £209,787 in 2024, mainly driven by a rise in revenue and a reduction in administrative expenses.

Improving Revenue

According to the latest Companies House filings, the UK company generated £658,089 in revenue last year, an increase of about 7 per cent from the previous year’s £616,570. However, it managed to cut its administrative expenses to £505,912 from £632,317 in 2023. Most of the savings came from staff salaries.

At the end of the year, the company netted £157,183 after accounting for its tax liabilities, compared to a net profit of £23,676 in the previous year. This came after a year when the company witnessed a profit drop of 94 per cent.

Global Market Index Limited’s income statement

Global Market Index Limited provides professional and ECP clients with access to online trading for financial products, including FX and CFDs. It operates in the UK with a Financial Conduct Authority (FCA) licence, while its offshore sister companies, authorised by the regulators in St. Vincent and the Grenadines and Mauritius, offer services to retail clients.

It also has an entity registered in Saint Lucia, a jurisdiction that does not have a regulatory regime for CFD brokers.

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A Professionals-Only Broker

The London-based company pointed out that “following the success in increasing the ECP and professional clients’ trading volume in 2023, [it] continued to maintain existing relationships and onboard professional clients during 2024.”

For its revenue in 2025, the UK company highlighted four core areas: liquidity and White Label solutions for institutional clients targeting MT4 and MT5, and FIX API brokers; continued focus on professional traders; partnerships with associated companies; and increasing its local and global geographical reach to attract and convert more clients.

Pointing out the impact of geopolitical tensions, the company noted: “Despite the negative impact on many businesses by such events, the FX trading market has witnessed remarkable growth… creating trading opportunities as markets remained volatile.”

“The Company is a well-organised operation with a significant cash buffer to fund ongoing operations in the event of a marked downturn in business activity levels.”

The UK entity of GMI Markets, which offers technology and trading services to professional clients, saw its pre-tax profit rise by 610 per cent to £209,787 in 2024, mainly driven by a rise in revenue and a reduction in administrative expenses.

Improving Revenue

According to the latest Companies House filings, the UK company generated £658,089 in revenue last year, an increase of about 7 per cent from the previous year’s £616,570. However, it managed to cut its administrative expenses to £505,912 from £632,317 in 2023. Most of the savings came from staff salaries.

At the end of the year, the company netted £157,183 after accounting for its tax liabilities, compared to a net profit of £23,676 in the previous year. This came after a year when the company witnessed a profit drop of 94 per cent.

Global Market Index Limited’s income statement

Global Market Index Limited provides professional and ECP clients with access to online trading for financial products, including FX and CFDs. It operates in the UK with a Financial Conduct Authority (FCA) licence, while its offshore sister companies, authorised by the regulators in St. Vincent and the Grenadines and Mauritius, offer services to retail clients.

It also has an entity registered in Saint Lucia, a jurisdiction that does not have a regulatory regime for CFD brokers.

You may also like: Dubai Brokerage Firm Vanishes With Millions in Investor Funds

A Professionals-Only Broker

The London-based company pointed out that “following the success in increasing the ECP and professional clients’ trading volume in 2023, [it] continued to maintain existing relationships and onboard professional clients during 2024.”

For its revenue in 2025, the UK company highlighted four core areas: liquidity and White Label solutions for institutional clients targeting MT4 and MT5, and FIX API brokers; continued focus on professional traders; partnerships with associated companies; and increasing its local and global geographical reach to attract and convert more clients.

Pointing out the impact of geopolitical tensions, the company noted: “Despite the negative impact on many businesses by such events, the FX trading market has witnessed remarkable growth… creating trading opportunities as markets remained volatile.”

“The Company is a well-organised operation with a significant cash buffer to fund ongoing operations in the event of a marked downturn in business activity levels.”

This post is originally published on FINANCEMAGNATES.

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