GC Exchange Ltd. (GCEX UK), part of the GCEX Group, has announced its results for the year ending 31 December 2024, reporting a turnover of £3.76 million. This marks a 63% increase compared to the previous year, supported by a 315% rise in Crypto CFD volumes as digital asset markets rebounded after the “crypto winter.”
Throughout the year, GCEX UK maintained positive revenue momentum, particularly in the final quarter. The company noted that this growth trend has continued into the first quarter of 2025. Its performance reflected strategic efforts to diversify its client base, improve execution-only offerings, and strengthen FX and crypto liquidity provision through expanded partnerships with liquidity providers.
Technologically, GCEX advanced its client service model by launching XplorPortal, a platform designed to streamline operations and improve client engagement. The company reduced its pre-tax loss by 40% to £232,567 while maintaining investment in business development, compliance upgrades, and marketing to support future expansion.
“We don’t run risk and don’t do lending or borrowing”
Lars Holst, Founder and CEO of GCEX Group, commented, “Our significant increase in turnover was also replicated in our Dubai and Copenhagen based entities, resulting in a strong year for the GCEX Group. Our model remains robust, we don’t run risk and don’t do lending or borrowing, and we continue to have significant excess Tier 1 capital in our UK entity. Looking ahead, we are confident that our strong partnerships and ongoing technological innovation will enable further growth, both in the UK and globally.”
GCEX Group continued building its institutional-grade XplorDigital solutions during 2024. XplorDigital offers plug-and-play platforms, including ‘Crypto in a Box’ and ‘Broker in a Box’, designed for institutional and professional clients. These solutions address regulation while covering custody services, staking solutions, fund safety, tier 1 and deep liquidity, connectivity to major price makers, risk management systems, and technology partnerships.
GCEX remains focused on supporting institutional and professional clients in accessing prime digital asset and forex trading, operating with full regulatory compliance across multiple jurisdictions. The Group’s expansion strategy reflects a steady commitment to strengthening its service offerings and operational resilience in a rapidly changing market landscape.
GCEX Launched XplorAllocate for Trade Allocation
GCEX recently launched a multi-asset tool designed to help fund managers and professional traders allocate trades more efficiently, accurately, and transparently. XplorAllocate allows trade allocation across crypto spot, crypto derivatives, forex CFDs, and traditional financial products.
The provider of digital assets, foreign exchange solutions and trading technology has come forward with the new trade allocation to address what has traditionally been a time-consuming and error-prone process. GCEX’s XplorAllocate addresses this by streamlining trade execution and allocation, which improves accuracy and compliance.
Instead of managing individual client accounts separately, fund managers and professional traders can now execute a single block trade, which is then automatically allocated across their clients based on their proportional share of the total investment pool. XplorAllocate reduces the time spent on this task without having to use a PAMM, MAM, or similar tools, simplifies workflows and minimizes operational risks.
According to GCEX, traders using XplorAllocate gain full transparency and a clear audit trail as well as customization allocation logic that provides flexibility and ensures that trades are distributed accurately based on portfolio needs. This meas that users can allocate by percentage or share size and combine multiple orders into custom average prices. Clients can connect via API for easier access.
XplorAllocate is part of GCEX’s broader strategy to enhance its institutional-grade XplorDigital solutions for institutional and professional clients. XplorDigital features innovative plug-and-play solutions, ‘Crypto in a Box’ and ‘Broker in a Box’.
These encompass technology-agnostic platforms addressing regulation while covering custody solutions, staking solutions, safety of funds, tier 1 and deep liquidity, connectivity to the biggest price makers, advanced risk management and innovative technology partnerships.
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