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Licence record

GPB FS: CySEC licence 113/10

Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Market Making(MM)

This is Wikilix's record of a licence issued by Cyprus Securities and Exchange Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Sep 10, 2026

Licence Verification Record

Cyprus Securities and Exchange Commission 113/10

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Cyprus Securities and Exchange Commission
Name on the register
GPB-FINANCIAL SERVICES LIMITED
Jurisdiction
Cyprus
Licence type
Market Making(MM)
Effective
Jan 27, 2010

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/gpb-financial-services/licenses/cyprus-securities-and-exchange-commission/113-10Fields on file 5 / 11

Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
Cyprus
Last checked
Never

Verification note

Cyprus Investment Firm licence CIF 113/10, granted 27 January 2010 and published on the company's own site with a link to the authority's entity record. Scope is MiFID investment services to professional clients and eligible counterparties, passported into the EEA; the firm does not offer retail trading accounts.

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
113/10
Issued to
GPB-FINANCIAL SERVICES LIMITED
Licence type (Wikilix classification)
Market Making(MM)
Effective from
Expires
No expiry shown
The authority

About CySEC

Cyprus Securities and Exchange Commission is the authority that issued this licence, and the jurisdiction it applies in is Cyprus.

Full name
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2001
Oversight
A government or statutory body
Firms we track under it
216 firms
Regulates
Forex, Stocks, Options, Derivatives, Commodity, Securities, Futures, CFD
Licences it issues
CIF – Own Account / Matched Principal (CFDs)
Typical cost of a licence
€50000-100000
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

CySEC's own rules for the firms it authorises.

  • Compensation schemeUp to €20000 (ICF)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeCyprus Financial Ombudsman
  • Maximum leverage1:30
This describes the authority's regime, not how GPB FS applies it.
The holder

Who holds this licence

The licence above is recorded against GPB FS. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
GPB-Financial Services Limited
Named on the register
GPB-FINANCIAL SERVICES LIMITED
Based in
Cyprus
Operating
15-20 years
Wikilix score
57.6the firm’s overall score, not a rating of this licence

Recorded companies

The name this register printed matches GPB-FINANCIAL SERVICES LIMITED below.

  • GPB-FINANCIAL SERVICES LIMITEDMatches the registerCyprus · Private limited company · Reg. HE 246301 · Feb 24, 2009
  • Gazprombank (Joint Stock Company)Russia · 100% owned
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions

Yes, and the company itself warns about it. A notice at the top of its homepage states that GPB-Financial Services Ltd at gpbfs.com.cy has no connection or affiliation with GPB Financial Services Europe or any other company or site with a similar name, and accepts no responsibility for them. Confirm you are dealing with the Limassol entity holding licence 113/10 before sending money or documents.

The operating company has existed since 24 February 2009, when GPB-Financial Services Limited was registered in Cyprus, and it has held its investment-firm licence since January 2010. That gives it more than fifteen years of documented corporate history, confirmed against the Cyprus company registry.

The company publishes a Client Complaints Handling Policy and a compliance department contact, and as a Cyprus investment firm it falls within the remit of the Cyprus Financial Ombudsman and, in defined circumstances, the Investor Compensation Fund. Read the Terms of Business and Client Agreement before signing, since the complaint and compensation route depends on your MiFID categorisation.

By department, using the numbers and addresses on its contacts page: the brokerage desk on brokerage@gpbfs.com.cy and +357 25 055 109, the back office on Backoffice@gpbfs.com.cy and +357 25 055 106, and compliance on compliance@gpbfs.com.cy and +357 25 055 119. The switchboard is +357 25 055 000 and the office is at Crystalserve Business Center, 65 Spyrou Kyprianou Avenue, Limassol. There is no live chat.

Its own Cross Border disclosure names 28 European states plus the Russian Federation and Switzerland for underwriting and placing services. The company publishes no list of restricted countries, and it states that it does not market, maintain a presence or solicit clients in third countries, so services outside that list are provided only at a client's own initiative.

The company lists reception and transmission of orders, order execution on behalf of clients, dealing on own account, underwriting and the placing of financial instruments, plus ancillary services covering custody, credit against instruments, corporate advisory, and foreign exchange linked to investment services. Its cross-border passport for underwriting and placing extends to a defined list of European states and, outside the EEA, to the Russian Federation and Switzerland.

No deposit or withdrawal channels are published. The website carries no funding page, no payment method list and no processing times or limits, so funding arrangements are settled with the back office during onboarding.

The company publishes no leverage, spread or commission schedule. Since it does not sell retail margin trading accounts, there is no advertised pricing table to compare, and costs are agreed as part of the client documentation.

None are published. The company advertises no MetaTrader, cTrader or proprietary platform, and no download links appear anywhere on its website. Business is transacted through its brokerage desk rather than through a self-service terminal.

No. The Become a Client page states plainly that GPB FS offers services only to professional clients. Onboarding covers regulated legal entities, non-regulated legal entities and private individual clients, but each is categorised under MiFID after due diligence, and the service is not aimed at retail traders.

The company does not publish a minimum deposit. It has no retail account tiers, and commercial terms are set individually after onboarding, so the figure can only be established through the brokerage or compliance department.

No evidence in our research points to a scam. The operating company is registered and active on the Cyprus Registrar of Companies under number HE 246301, its address and Legal Entity Identifier match its published details, and its licence number and legal name are consistent everywhere they appear. The material questions concern suitability and group ownership, not authenticity.

The company states on its own About page that it is a wholly owned subsidiary of Gazprombank (JSC) and a member of the Gazprombank Group. That parent is a Russian bank, and the company's stated purpose includes providing access to the Russian capital markets alongside global markets.

Yes. GPB FS is the trading name of GPB-Financial Services Limited, which holds Cyprus Investment Firm licence CIF 113/10 from the Cyprus Securities and Exchange Commission, effective 27 January 2010. The licence is held by the same company that runs the business, and it is published in the footer of the company's own website.

Licence 113/10 was issued by Cyprus Securities and Exchange Commission (CySEC), the financial authority for Cyprus.
GPB FS holds this CySEC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the CySEC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
The CySEC register prints it under GPB-FINANCIAL SERVICES LIMITED, not GPB FS. Licences are often held by a subsidiary rather than the trading brand, which is why searching a register for the brand alone can return nothing.
Wikilix rates CySEC tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
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