GPB FS

GPB FS Broker Overview

GPB FS is the trading name of GPB-Financial Services Limited, an investment firm based in Limassol, Cyprus. The company was registered in the Republic of Cyprus on 24 February 2009 under number HE 246301 and states on its own website that it is a wholly owned subsidiary of Gazprombank (JSC) and a member of the Gazprombank Group. It is authorised as a Cyprus Investment Firm and describes its business as the provision of investment and ancillary services, including reception and transmission of orders, execution on behalf of clients, dealing on own account, underwriting and the placing of financial instruments, together with custody, credit, corporate advisory and foreign exchange services connected to those activities. GPB FS is not a retail contracts-for-difference shop: its Become a Client page states that it offers services only to professional clients, and it publishes no retail trading accounts, no spread or leverage schedule and no trading platform.

GPB FS Regulation and License

The regulated entity is GPB-Financial Services Limited, supervised by the Cyprus Securities and Exchange Commission under Cyprus Investment Firm licence number CIF 113/10, granted on 27 January 2010. The company publishes that licence number in the footer of every page of gpbfs.com.cy and links directly to its entity record on the authority's own site. The licence is a market making style permission covering dealing on own account alongside agency execution, which is consistent with the range of investment services the company lists. Under MiFID passporting the firm states it may provide underwriting, the placing of financial instruments and services related to underwriting into a defined list of European Economic Area states and, outside the EEA, to the Russian Federation and Switzerland.

Is GPB FS Regulated?

Yes. GPB FS operates under a Cyprus Investment Firm licence issued by the Cyprus Securities and Exchange Commission, an onshore European regulator, and our research found the licence to be in force under the same legal name the company trades under. Cyprus investment firms are subject to MiFID conduct rules, capital requirements, client asset segregation and the Investor Compensation Fund, which is a materially stronger position than an offshore registration.

GPB FS License 113/10

Licence CIF 113/10 is held by GPB-Financial Services Limited in Cyprus, with an effective date of 27 January 2010, and the company still advertises it. The authorised activities recorded for the licence cover trading and agency business in foreign exchange, financial derivatives, securities, bonds and other financial products, which is why the firm can act both as principal and as an intermediary. What the licence does not do is turn GPB FS into a retail broker: the scope of the offering is set by the company's own professional-clients-only policy rather than by the licence.

Is GPB FS Safe?

The corporate and regulatory foundations are solid, and the residual questions are about suitability and counterparty exposure rather than about whether the firm exists. The operating company is registered and shown as active on the Cyprus Registrar of Companies, its registered office matches the address on its website and its Legal Entity Identifier is corroborated against the same registration number. At the same time, the company discloses that its sole shareholder is a Russian bank and that its business is oriented toward access to Russian and global capital markets, and its own website reminds clients that compliance with sanctions imposed by any governmental or intergovernmental authority is the client's responsibility. Anyone considering a relationship should treat that ownership and jurisdictional exposure as a live consideration and take independent advice on it.

GPB FS Support

Contact is by department rather than through a help desk. The company publishes a brokerage desk on brokerage@gpbfs.com.cy and +357 25 055 109, a back office on Backoffice@gpbfs.com.cy and +357 25 055 106, and a compliance department on compliance@gpbfs.com.cy and +357 25 055 119, with a main switchboard on +357 25 055 000. There is no live chat, no client portal and no published social media presence.

GPB FS Pros and Cons

• Regulated by an onshore European authority under a licence in force since 2010, held by the same company that operates the business.
• A verifiable corporate identity: a Cyprus registration active since 2009 at a real office address, with a matching Legal Entity Identifier.
• Clear disclosure of group ownership and of the professional-clients-only nature of the service.
• No retail offering, so there is no minimum deposit, no account tier, no leverage schedule and no trading platform for an individual retail trader.
• Almost no commercial transparency: the site publishes no fees, no spreads and no funding methods, so costs can only be established during onboarding.
• Group ownership and market focus carry sanctions and jurisdictional considerations the company itself asks clients to assess.

GPB FS Review and Assessment

GPB FS is best understood as an institutional Cyprus investment firm inside a banking group, not as a forex broker in the retail sense. Its regulatory standing and corporate identity both stand up to checking, which puts it in a different category from the offshore operations that dominate this part of the market. The decision facing a prospective client is therefore not whether the firm is real but whether an entity of this kind, with this ownership and this narrow professional client base, is the right counterparty, and that question should be settled with the compliance department and independent advice before any documents are signed.