GKFX parent Global Kapital gets US FINRA license
Turkey based financial services firm Global Kapital Group (GKG), parent of Retail FX broker GKFX, has announced that it has acquired a broker-dealer in the U.S., licensed by the Financial Industry Regulatory Authority (FINRA), granting the group the rights to serve clients in the United States.
GKG’s licensed entity, GK TRADE New York LLC is registered with the SEC, enabling clients to trade securities and mutual funds.
GKG said that its entry into the U.S. market is part of its strategy to expand significantly its global reach through acquisitions and new licenses around the world. The Group stated that it looks forward to bringing its services to the United States and to making its presence felt in the world’s most important financial market.
The move follows the addition of an offshore Mauritius licensed entity for the group, and the entry of GKG into the Australian FX and CFDs market via the acquisition earlier this year of ASIC licensed FairMarkets Trading.
Gokhan Erkiralp, GK Group Brokerage CEO, said:
“Since 2020, Global Kapital Group has initiated a strategic journey to expand its international reach and introduce its products to an ever-increasing number of customers. We are excited that today the next step in our global growth strategy brings us into the world’s largest financial market.
The FINRA License opens new doors for our Group and we believe creates new opportunities for investors. We have a proven track record of serving clients effectively in many different global markets and welcome the chance to bring our services.“