GCEX UK Posts £2.8M Revenue but Falls to Loss Amid 2025 Expansion Push

Friday, 01/05/2026 | 10:03 GMT by Tareq Sikder
  • Investment in staff and compliance pushed the firm’s UK arm to £545K loss.
  • Last year GC Exchange A/S secured MiCA authorisation from Danish regulator.
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GC Exchange Limited, the UK entity of GCEX Group, reported turnover of £2.77 million for the year ended 31 December 2025.

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The company recorded a pre-tax loss of £545,191. It said the loss was “driven in part by increased investment in headcount, compliance infrastructure and marketing.”

GCEX Reports Recurring Revenue Growth

Lars Holst, CEO and Founder, GCEX
Lars Holst, CEO and Founder, GCEX

The firm reported growth in recurring revenues, including white label platform fees and minimum monthly trading fees. It said this supported a more predictable revenue base as the business scales.

The company maintained its capital requirements during the period. It also reported a positive revenue trend in the fourth quarter of 2025, which continued into early 2026.

Lars Holst, Founder and CEO of GCEX Group, said the results reflect a year of investment. He stated the firm “invested deliberately and carefully in the foundations for long-term growth.”

He added there was “continued momentum in recurring revenues” and “a positive trajectory heading into 2026.” He also said “regulation is part of the foundation of a sustainable institutional business.”

GCEX Builds Institutional Digital Infrastructure

At the group level, GCEX reported progress across its international operations. Its entities in Dubai and Copenhagen contributed to higher client activity, trading volumes, and recurring revenues. The firm said institutional demand for regulated digital asset and FX services increased across its regions.

In December 2025, GC Exchange A/S received authorisation as a Crypto-Asset Service Provider under the Markets in Crypto-Assets Regulation from the Danish Financial Supervisory Authority.

The group said this expands its regulatory footprint in the UK, the EU, and Dubai, where it is licensed by the Dubai Virtual Assets Regulatory Authority.

The company also engaged Archax to approve its UK financial promotions. It said this supports its ability to communicate with prospective clients in line with local rules.

During the year, GCEX continued to develop its XplorDigital technology suite, including XplorSpot, XplorTrader, and white label solutions. It said these contributed to growth in recurring platform fees.

GC Exchange Limited, the UK entity of GCEX Group, reported turnover of £2.77 million for the year ended 31 December 2025.

Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!).

The company recorded a pre-tax loss of £545,191. It said the loss was “driven in part by increased investment in headcount, compliance infrastructure and marketing.”

GCEX Reports Recurring Revenue Growth

Lars Holst, CEO and Founder, GCEX
Lars Holst, CEO and Founder, GCEX

The firm reported growth in recurring revenues, including white label platform fees and minimum monthly trading fees. It said this supported a more predictable revenue base as the business scales.

The company maintained its capital requirements during the period. It also reported a positive revenue trend in the fourth quarter of 2025, which continued into early 2026.

Lars Holst, Founder and CEO of GCEX Group, said the results reflect a year of investment. He stated the firm “invested deliberately and carefully in the foundations for long-term growth.”

He added there was “continued momentum in recurring revenues” and “a positive trajectory heading into 2026.” He also said “regulation is part of the foundation of a sustainable institutional business.”

GCEX Builds Institutional Digital Infrastructure

At the group level, GCEX reported progress across its international operations. Its entities in Dubai and Copenhagen contributed to higher client activity, trading volumes, and recurring revenues. The firm said institutional demand for regulated digital asset and FX services increased across its regions.

In December 2025, GC Exchange A/S received authorisation as a Crypto-Asset Service Provider under the Markets in Crypto-Assets Regulation from the Danish Financial Supervisory Authority.

The group said this expands its regulatory footprint in the UK, the EU, and Dubai, where it is licensed by the Dubai Virtual Assets Regulatory Authority.

The company also engaged Archax to approve its UK financial promotions. It said this supports its ability to communicate with prospective clients in line with local rules.

During the year, GCEX continued to develop its XplorDigital technology suite, including XplorSpot, XplorTrader, and white label solutions. It said these contributed to growth in recurring platform fees.

About the Author: Tareq Sikder
Tareq Sikder
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About the Author: Tareq Sikder
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023. At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London. Education: Honours degree Information Technology, Anfell College, London
  • 2280 Articles
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