Following our FNG Exclusive report from last year that Dubai based, institutional focused multi-asset broker GTN was planning to offer service in the UK and Europe after receiving an FCA license for GTN Europe Financial Services Limited, the company has filed its 2025 financial statements with more details about the launch.

Staffing and Admin expenses

GTN UK’s trading activities generated $555,747 in Revenues in 2025. However Staffing Expenses of $2,162,909 (2024: $479,587), and Administrative Expenses (mainly on regulatory compliance and IT infrastructure) of $1,540,458 led to a Net Loss of $3.34 million for 2025. In 2024 and 2025 combined GTN UK has totaled losses of $4.2 million.

The Company received funding of $2,636,000 in 2025, following $2,413,391 in 2024 by the Parent company, ensuring financial stability.

GTN UK

GTN UK provides multi asset class, multi market trading and execution services to financial institutions and corporate clients in the UK and internationally. Its principal activities include institutional brokerage, trade execution, settlement and global custody services. The Firm operates on both agency and matched principal basis, acting solely as an intermediary between clients and market counterparties. As part of its offering, the Company supports fractional trading, enabling clients to access sub-whole share positions in listed securities, while ensuring minimal exposure through tightly controlled rounding mechanisms.

As noted above, the Company successfully launched its trading services in 2025 mainly catering to European clients and its affiliate entities such as GTN Asia Financial Services (Pte) Limited, and GTN Middle East Financial Services (DIFC) Limited.

Earlier his year GTN hired former Capital.com and BUX executive Salim Sebbata, as Chief Commercial Officer for the UK and Europe. GTN UK is run by CEO (and former SideCaps COO) Chris Gregory.

About GTN

GTN is backed by strategic investors IFC, a member of the World Bank Group, and SBI Group, one of the largest financial services firms listed on the Tokyo Stock Exchange. The company provides brokers, banks, asset managers, and fintechs with brokerage infrastructure spanning 90+ markets and 8 asset classes through a single API. GTN is run mainly from Dubai, led by Group CEO and co-founder Manjula Jayasinghe, and UAE CEO Damian Bunce.