Brokerage firm GTC has officially begun construction on its new regional headquarters in Dubai.

GTC began operations in 2012. It provides access to trading services across FX, commodities, indices, shares, and energies. The company says it operates in over 20 countries, has nearly 1 million serviced traders, and processes monthly notional volumes of more than $300 billion.

GTC Launches Dubai Tower Construction

The “ground-breaking” ceremony was held on Tuesday, 1 July 2025. The event was attended by GTC executives, regional partners, clients, and industry participants. More than 300 guests were present. The firm’s Founder and CEO, Jack Zheng, said the new building reflects GTC’s focus on growth and collaboration.

You may find it interesting at FinanceMagnates.com: GTCFX Opens New Office and Hires Country Manager in Expansion to Thailand.

GTC Tower Marks Company’s Long-Term Presence in Dubai

The upcoming GTC Tower is planned as a purpose-built facility. It will serve as the main office for the broker’s operations in the region. It is also expected to support future business initiatives.

The company says few brokers in the UAE have undertaken similar infrastructure projects. According to the firm, construction of the GTC Tower signals the firm’s intention to build a long-term base in Dubai.

GTC Joins Financial Commission Dispute Platform

Meanwhile, The Financial Commission has approved GTC as its member. This approval grants GTC access to the Commission’s services, including compensation protection of up to €20,000 per complaint through the Compensation Fund. The Financial Commission provides an external dispute resolution platform to brokerages and clients, offering third-party mediation when direct resolution fails.

Recently, GTC appointed Mikhail S. as its Chief Commercial Officer. He previously spent over 13 years at Alpari in various leadership roles, most recently serving as Senior Vice President of Regional Development from late 2021 to early 2025, where he oversaw business operations across multiple regions and led commercial strategy.