GMI Markets Announces Global Closure After 16 Years of Operation

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Contents

01

GMI Markets to Close Operations by the End of 2025

02

Closure Timeline

03

Regional Impact

04

Regulatory Information

05

Trading Instruments

06

Client Security and Monitoring

07

About GMI Markets

GMI Markets to Close Operations by the End of 2025

London, UK – December 18, 2025 – WikiFX has received confirmation that GMI Markets, a forex and CFD broker regulated by the UKs Financial Conduct Authority (FCA), will end all operations globally on December 31, 2025.

The company, established in 2009, announced that the decision follows difficulties in finding a successor to lead the firm. The current management cited health concerns and retirement plans, noting that while several financial institutions expressed interest in acquiring GMI, none met the companys requirements for operational integrity. The announcement stressed that client safety was prioritized over transferring ownership to a party that might pose risks in the future.

Closure Timeline

GMI Markets has outlined the following schedule for clients:

• December 24, 2025 – Deposits will no longer be accepted. Clients may only close positions or request withdrawals.
• December 31, 2025 – Trading operations will cease worldwide.
• January 31, 2026 – Final deadline for withdrawal applications.

The broker stated that it will gradually process client withdrawals during the liquidation period. This means clients will have a window of time to recover their funds, rather than an immediate one‑time settlement. WikiFX will continue to monitor this matter to ensure that the withdrawal process is carried out as promised and that clients are not left with unresolved claims.

Regional Impact

Napavee Pukkaman, Regional Director for Southeast Asia, confirmed that operations in Malaysia and other regional offices will also close on December 31, 2025. She indicated that her team will assist clients until all assets and refunds are processed. The regional statement emphasized that communication channels will remain open during the transition, allowing clients to seek clarification and support.

Regulatory Information

GMI Markets operates under FCA license No. 677530 in the United Kingdom, with a Straight Through Processing (STP) license type. The license has been active since November 23, 2015. The FCA regulation means that GMI has been subject to oversight in areas such as client fund protection and operational standards, though the closure decision itself is a business choice rather than a regulatory directive.

Trading Instruments

The broker has offered trading in several asset classes, including:

• Gold
• Oil
• Silver
• Forex
• Indices
• Stock CFDs

Cryptocurrencies, bonds, options, and ETFs were not part of its product offering. This limited scope reflected GMIs focus on traditional forex and CFD markets rather than newer digital assets.

Client Security and Monitoring

The companys pledge to gradually process withdrawals is a key point for traders who may be concerned about the safety of their balances. WikiFX will continue to track developments and report on whether GMI fulfills its obligations. For now, clients are advised to submit withdrawal requests promptly and maintain records of their communications with the broker.

About GMI Markets

Established in 2009, GMI Markets became a leading global forex and CFD broker, serving over 1 million traders worldwide. The company is regulated by the UKs Financial Conduct Authority (FCA) and has been recognized for its advanced trading technology, low‑cost solutions, and client fund safety.