Brokerage firm GTC has officially begun construction on its new regional headquarters in Dubai.
GTC began operations in 2012. It provides access to trading services across FX, commodities, indices, shares, and cryptocurrencies. The company says it operates in over 20 countries, has nearly 1 million active traders, and processes monthly notional volumes of more than $300 billion.
GTC Launches Dubai Tower Construction
The “ground-breaking” ceremony was held on Tuesday, 1 July 2025. The event was attended by GTC executives, regional partners, clients, and industry participants. More than 100 guests were present. The firm’s Founder and CEO, Jack Zheng, said the new building reflects GTC’s focus on growth and collaboration.
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GTC Tower Marks Company’s Long-Term Presence in Dubai
The upcoming GTC Tower is planned as a purpose-built facility. It will serve as the main office for the broker’s operations in the region. The tower is also expected to support future business initiatives.
The company says few brokers in the UAE have undertaken similar infrastructure projects. According to the firm, construction of the GTC Tower signals the firm’s intention to build a long-term base in Dubai.
GTC Joins Financial Commission Dispute Platform
Meanwhile, The Financial Commission has approved GTC as its member. This approval grants GTC access to the Commission’s services, including compensation protection of up to €20,000 per complaint through the Compensation Fund.
The Financial Commission provides an external dispute resolution platform to brokerages and clients, offering third-party mediation when direct resolution fails. This process aims to be faster and simpler than arbitration or legal proceedings. GTC’s membership reflects a broader industry trend of brokers seeking external dispute resolution mechanisms.
This article was written by Tareq Sikder at www.financemagnates.com.Retail FXRead More
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