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GalaxyFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.galaxyfxtrades.com/account/register, about the company's legal and temporary regulatory information, the company's address 107 Grand Street New York, NY 10013 United States.

GalaxyFX Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
GalaxyFX
Abbreviation
GalaxyFX
Company employee
--
Customer Service Email Address
support@galaxyfxtrades.com
Company address
107 Grand Street New York, NY 10013 United States
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Registered in US Regulated by No effective regulation at this time Year(s) of establishment 1-2 years Trading instruments Cryptos, Fx Options, commodities Minimum Initial Deposit Information not available Maximum Leverage Information not available Minimum spread Information not available Trading platform Information not available Deposit and withdrawal method Bank transfer, perfect money, webmoney, bitcoin, skrill, neteller Customer Service Email/address Fraud Complaints Exposure No for now General information and regulations of GalaxyFX GalaxyFX is a diversified financial services and investment management innovator in the digital asset, Forex, cryptocurrency, and blockchain technology sector. However, the information on its website is quite scarce and it has no effective regulation. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance. Market instruments Cryptos, Fx Options, commodities .....GalaxyFX allows clients to access a wide range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on GalaxyFX. However, we noted that shares and indices are not currently available. Spreads and commissions for trading with GalaxyFX GalaxyFX does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with GalaxyFX, we recommend that you take the time to calculate these transaction costs. Account Types for GalaxyFX GalaxyFX does not provide account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. In addition, many brokers offer demo accounts, where interested parties can trade without incurring real money losses. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges. Trading platforms offered by GalaxyFX GalaxyFX does not give information about its trading platform, but from the peers and the website as a whole, it should be a trading platform developed by itself. Leverage offered by GalaxyFX You can't find information about trading leverage on GalaxyFX's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage. Deposit and withdrawal methods and fees As for deposits and withdrawals, the company lists only a few payment options, but does not cover the most important parts, such as additional fees, minimum amounts, time required for procedures, etc. Educational resources There is no education section on the GalaxyFX website. Many brokers are able to provide a variety of educational resources such as video courses, seminars, e-books, related articles, glossaries that provide some basic knowledge about trading. This is not the case with GalaxyFX. Customer support of GalaxyFX Below are the details about the customer service. Language(s): English Email: support@galaxyfxtrades.com Address: 107 Grand Street, New York, NY 10013 United States Users exposures on WikiFX We have not received any reports of fraudulent activity at this time. Advantages and disadvantages of GalaxyFX Advantages: We havent noted very evident advantages Disadvantages: No effective regulation Few information available Frequent asked questions about GalaxyFX Is this broker well regulated? No, it is currently not effectively regulated and you are advised to be aware of its potential risks. What deposit and withdrawal channels does this broker offer? GalaxyFX offers Bank transfer, perfect money, webmoney, bitcoin, skrill, neteller for you to choose from.

Rating Index

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Latest Reviews

燕子9348

燕子9348

Hong Kong

The customer service of the fraud group whats+61413678802, Li Wenhao, a liar, is from Liaocheng, Shandong, China and lives in Montreal, Canada. This is his account number +19292421693. He deceived me by saying he would recharge 30,000 US dollars for me, but actually recharged 30,000 US dollars into his own bank account, tricking me into investing 70,000 US dollars.

Exposure

2023-09-08

燕子9348

燕子9348

Hong Kong

The website of this forex platform is not the one selected above, https://www.galaxyex.net/, the platform requires tax payment, and the final money is lost. They have many schemes to hurt innocent people, there is nothing that people can do, only God punishes and repays them. There are too many telecom frauds nowadays, so be careful when transferring money to strangers. The bank will show that the account number of the other party is abnormal, which is the number bought by a scammer. The following account belongs to a scammer.

Exposure

2023-08-29

燕子9348

燕子9348

Hong Kong

This platform is so-called under Australian regulation. A friend pulled me in and said he was making a lot of money. At first I ignored him, didn't want to do it and didn't believe it. Later, he took the initiative to lend me money to deposit. I don't want to do it, he keeps pulling me. I just invested a thousand dollars in. Later, he said that it was too little, and he would save it in so that he could earn faster. My husband worked so hard on the construction site to save a little car loan money. My own private money is used for medical treatment. As a result, he was pulled in by a liar and lost his fortune. He said that he can withdraw cash, and he has withdrawn a lot of money, and has been tempting me. I have withdrawn one hundred dollars on the platform, but all withdrawals are not allowed. Later, I felt that something was wrong and I wanted to quit, and I wanted to get my capital back, but I didn't want any profits. The platform made it difficult for me to pay more than 5,000 U.S. dollars in taxes to withdraw funds. I was afraid that after paying the tax, I would not be able to get the money out, so I didn't pay the money. The customer service ignored us.

Exposure

2023-08-23

GalaxyFX Forex Broker has an overall rating of 1.44, Regulatory Index 0.00, License Index 0.00, Business Index 6.44, Software Index 4.00 Risk Control Index 0.00.