The pre-tax profit of the company came in at £29,528.
The revenue also declined by 37.2 percent to £616,570.
The UK entity of GMI Markets, a forex and contracts for differences (CFDs) broker, ended 2023 with a revenue of £616,570 and a pre-tax profit of £29,528, according to the latest Companies House filing. The company closed the year with a net profit of £23,676.
The broker's latest annual revenue, which operates through a straight-through processing (STP) model, declined by 37.2 percent from the previous year’s £981,141. The pre-tax profit also dropped by over 93.9 percent.
A Stressful Year for the Broker
Global Market Index Limited provides professional and ECP clients access to online trading for financial products, including FX and CFDs. The London-based company pointed out that “following the success in increasing the ECP and professional clients’ trading volume in 2022, [it] continued to maintain existing relationships and onboard professional clients during 2023.”
The company elaborated that it expects its 2024 revenue to be driven by liquidity and white-label solutions for institutional clients targeting MT4, MT5, and FIX brokers, along with the continued focus on professional traders.
It is also recruiting sales teams and increasing local and global geographical reach to attract and convert more clients.
Interestingly, the administrative expenses of the company increased last year to £632,317 from the previous year’s £506,199. Meanwhile, it earned £51,413 from interest income, compared to £7,275 in 2022.
Income statement of Global Market Index Limited
Trading Remains Strong in Volatile Markets
Apart from the UK entity, GMI also offers retail trading services with its entities registered in Saint Lucia, St. Vincent and the Grenadines, and Mauritius. However, the figures showcase the performance of only the UK-registered entity.
Meanwhile, pointing out the impact of the 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 services institutional brokers who have benefited from the market volatility and trading opportunities during and after the pandemic, and as such, the Company benefits from the trading volume generated by this volatility and client trading activities.”
The UK entity of GMI Markets, a forex and contracts for differences (CFDs) broker, ended 2023 with a revenue of £616,570 and a pre-tax profit of £29,528, according to the latest Companies House filing. The company closed the year with a net profit of £23,676.
The broker's latest annual revenue, which operates through a straight-through processing (STP) model, declined by 37.2 percent from the previous year’s £981,141. The pre-tax profit also dropped by over 93.9 percent.
A Stressful Year for the Broker
Global Market Index Limited provides professional and ECP clients access to online trading for financial products, including FX and CFDs. The London-based company pointed out that “following the success in increasing the ECP and professional clients’ trading volume in 2022, [it] continued to maintain existing relationships and onboard professional clients during 2023.”
The company elaborated that it expects its 2024 revenue to be driven by liquidity and white-label solutions for institutional clients targeting MT4, MT5, and FIX brokers, along with the continued focus on professional traders.
It is also recruiting sales teams and increasing local and global geographical reach to attract and convert more clients.
Interestingly, the administrative expenses of the company increased last year to £632,317 from the previous year’s £506,199. Meanwhile, it earned £51,413 from interest income, compared to £7,275 in 2022.
Income statement of Global Market Index Limited
Trading Remains Strong in Volatile Markets
Apart from the UK entity, GMI also offers retail trading services with its entities registered in Saint Lucia, St. Vincent and the Grenadines, and Mauritius. However, the figures showcase the performance of only the UK-registered entity.
Meanwhile, pointing out the impact of the 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 services institutional brokers who have benefited from the market volatility and trading opportunities during and after the pandemic, and as such, the Company benefits from the trading volume generated by this volatility and client trading activities.”
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
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She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
#FinanceMagnatesAwards #TradingPro #Trading #Fintech #Broker #WinnerSpotlight #Shorts
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She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
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Watch the full video to see if Deriv fits your trading needs.
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Watch the full video to see if Deriv fits your trading needs.
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eWallets aren’t just moving money anymore, they’re running the show.
In this episode of FM Talks, Adonis Adoni (News Editor at Finance Magnates) sits down with Paysafe 's:
•Bob Legters, Chief Product Officer
•Jeannie Lam, VP of Sales & Account Management for Forex & Financial Trading
to break down how wallets evolved from simple payment tools into core trading infrastructure.
💥 Inside the conversation:
•Why wallets now drive growth, retention, and global scale for brokers
•The hidden power behind deposit success, fraud prevention, and UX
•Stablecoins: hype, reality, and where they actually fit today
•AI in wallets: smarter flows vs rising fraud risks
•The rise of white-label wallets and full ecosystem control
•What the future looks like when wallets become your financial brain
🔗 Learn more about @PaysafeGroup : https://www.paysafe.com/en/optimize-forex-payments-for-growth-in-2026/fm/?utm_source=fm&utm_medium=podcast&utm_campaign=2026-q1-fx-demand-gen&utm_content=podcast
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Watch the full video to see if FP Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#FPMarkets #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @fpmarkets a multi-asset forex and CFDs broker operating across multiple regulated entities worldwide.
We cover the broker’s overall offering, including its regulatory structure, trading platforms, as well as its account types and product range. We also explore key considerations for traders in Asia, including entity differences, leverage, and market access.
Watch the full video to see if FP Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#FPMarkets #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
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Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
