Company name: Allmedia LTD

Registration/license: St Vincent and the Grenadines

Registration/license requirement: USD 2,000

Is Gallant Finance a regulated forex broker or a scam?

no, Gallant Finance broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

Gallant Finance is an offshore Forex and CFD broker owned and operated by Allmedia LTD, based in St Vincent and the Grenadines.

The registered address of the broker is also at St Vincent and the Grenadines, but they provide British contact phone numbers, which means they are targeting UK residents without being regulated there.

Moreover, the FCA has just issued a warning against Gallant Finance. The SVGFSA (Financial Services Authority of St Vincent and the Grenadines) is famous for its low capital requirements – you can open a forex broker, by having only USD 2,000 in the capital.

As a comparison, the United Kingdom’s Financial Conduct Authority (FCA), demands a minimum of EUR 125,000 for STP license. Find the list of FCA regulated brokers here.

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