Search

GALLUS TRADE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.gallus-td.com/, about the company's legal and temporary regulatory information, the company's address .

GALLUS TRADE Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
GALLUS TRADE
Abbreviation
GALLUS TRADE
Company employee
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

Gallus Trade Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Gallus Trade is a forex brokerage firm that has been operating for approximately 2 to 5 years. The company is registered in Hong Kong and primarily serves retail clients interested in trading various financial instruments. As a private entity, Gallus Trade aims to provide a user-friendly trading experience while catering to a diverse clientele, including both novice and experienced traders.

  Founded with the intent to facilitate forex trading, Gallus Trade has made strides in establishing its presence in the competitive trading market. The firm focuses on offering a range of trading products and services that appeal to a wide audience. Over the years, the company has expanded its offerings, adapting to market demands and technological advancements.

  Gallus Trade operates with a business model that emphasizes retail forex trading, providing access to various markets while ensuring a seamless trading experience for its users. The firm's commitment to customer service and education has been pivotal in its growth, allowing it to attract and retain clients in a highly competitive environment.

  Gallus Trade broker is positioned as a reliable option for traders looking to engage in forex and other financial markets.

  

2. Regulatory and Compliance Information

  Gallus Trade operates without any valid regulatory licenses, which raises concerns about its legitimacy and operational practices. The absence of regulation means that clients may not have the same protections as they would with a regulated broker. It is essential for potential clients to be aware of the risks associated with trading through an unregulated broker.

  The company does not provide specific regulatory numbers, nor does it participate in any investor compensation schemes, which are critical for safeguarding client funds. Additionally, there is no information available regarding the segregation of client funds, which is a standard practice among regulated brokers to protect clients in the event of financial difficulties.

  Gallus Trade's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is also unclear, making it challenging for clients to ascertain the level of security and transparency offered by the broker.

  Gallus Trade broker is not regulated, and potential clients should exercise caution and conduct thorough research before engaging with the platform.

  

3. Trading Products and Services

  Gallus Trade offers a variety of trading products, including a selection of forex currency pairs. The broker provides access to major, minor, and exotic currency pairs, catering to the diverse trading strategies of its clients. However, the exact number of forex pairs available for trading is not specified.

  In addition to forex trading, Gallus Trade also offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies. This diverse range of products allows traders to diversify their portfolios and capitalize on different market movements.

  Gallus Trade frequently updates its product offerings to align with market trends and client demands. The introduction of new trading instruments is part of the firm's strategy to enhance its competitive edge and provide clients with more trading opportunities.

  For retail traders, Gallus Trade provides a straightforward trading service, while institutional clients may also find tailored solutions to meet their specific needs. The broker's ability to adapt its services to different client segments is a significant aspect of its business model.

  Gallus Trade broker aims to provide comprehensive trading solutions across various asset classes, appealing to a broad spectrum of traders.

  

4. Trading Platform and Technology

  Gallus Trade supports the widely popular MetaTrader 4 (MT4) trading platform, which is known for its user-friendly interface and robust trading features. The platform allows traders to execute trades efficiently, analyze market conditions, and utilize automated trading strategies through Expert Advisors (EAs).

  In addition to MT4, Gallus Trade may offer a proprietary trading platform, although specific details about this platform are not provided. The availability of a web-based trading platform enhances accessibility for traders who prefer not to download software.

  Mobile trading is supported through applications available for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. This flexibility is crucial in today's fast-paced trading environment, where timely decision-making can significantly impact trading outcomes.

  Gallus Trade employs advanced technology infrastructure to ensure stable and fast trade execution. The broker's server locations are strategically chosen to minimize latency and enhance the overall trading experience for its clients.

  API access for automated trading is also available, allowing traders to integrate their trading systems with Gallus Trade's platform for more personalized trading strategies.

  Gallus Trade broker provides a comprehensive trading platform experience, combining popular tools with the flexibility of mobile and web-based solutions.

  

5. Account Types and Trading Conditions

  Gallus Trade offers several account types to cater to different trading preferences and experience levels. The standard account typically requires a minimum deposit, with spreads and commissions varying depending on market conditions.

  For more experienced traders, Gallus Trade may provide advanced account types, such as VIP or professional accounts, which often come with enhanced features and lower trading costs. Specific details regarding these account types, including their benefits and requirements, are not fully disclosed.

  The broker also offers special account options, such as Islamic accounts, which comply with Sharia law, and corporate accounts for business entities. The availability of demo accounts allows prospective clients to practice trading without risking real funds, which is an essential feature for new traders.

  Leverage ratios offered by Gallus Trade vary by asset class, with higher leverage available for forex trading compared to other instruments. The minimum trade size and overnight fees are also essential considerations for traders, although specific details are not provided.

  Gallus Trade broker aims to accommodate a wide range of traders with its diverse account offerings and competitive trading conditions.

  

6. Fund Management

  Gallus Trade supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements may vary based on the account type, allowing for flexibility depending on the trader's financial situation.

  Deposit processing times are generally quick, although specific timeframes are not detailed. It is crucial for clients to be aware of any associated deposit fees, which may impact their overall trading costs.

  Withdrawal methods are also available, but the specifics regarding withdrawal limits and processing times are not provided. Clients should inquire about the withdrawal fees structure to ensure they understand the costs involved in accessing their funds.

  The broker's policies regarding fund management are essential for maintaining client trust, particularly given the absence of regulatory oversight.

  Gallus Trade broker emphasizes the importance of diverse funding options, although potential clients should be cautious regarding the details of withdrawal processes and associated fees.

  

7. Customer Support and Educational Resources

  Gallus Trade offers multiple customer support channels, including phone, email, and online chat. The availability of support during trading hours is crucial for addressing client inquiries promptly, although specific service hours and time zone coverage are not provided.

  The broker supports several languages, enhancing accessibility for clients from different regions. This multilingual support is vital for ensuring effective communication and assistance.

  In terms of educational resources, Gallus Trade provides various tools, including webinars, tutorials, and eBooks, aimed at enhancing traders' knowledge and skills. Market analysis services, such as daily reports, news updates, and research documents, are also part of the educational offerings.

  Trading tools, such as calculators and economic calendars, assist traders in making informed decisions and managing their trading strategies effectively.

  Gallus Trade broker prioritizes customer support and education, providing resources to help traders succeed in the competitive forex market.

  

8. Regional Coverage and Limitations

  Gallus Trade primarily serves clients in various regions, although specific markets are not detailed. The broker's regional offices are strategically located to cater to its diverse client base.

  However, there are countries and regions where Gallus Trade does not accept clients, although specific restrictions are not provided. It is essential for potential clients to verify their eligibility to open an account with the broker.

  Special restrictions may apply based on local regulations, and clients should be aware of any legal considerations when trading with Gallus Trade.

  Gallus Trade broker aims to provide services to a broad audience while ensuring compliance with regional regulations and limitations.

  In conclusion, while Gallus Trade presents a range of trading products and services, potential clients should carefully consider the risks associated with trading through an unregulated broker. The lack of regulatory oversight, combined with the need for thorough research and understanding of the broker's offerings, is crucial for informed trading decisions.

GALLUS TRADE Similar Brokers

Revoked
Aperture
No license plate
1.53
Score
Revoked
KKR
KKR Forex Broker - Complete Information Guide   1. Broker Overview   KKR, offici
1.53
Score
ORYX
Oryx Forex Broker - Complete Information Guide   1. Broker Overview   Oryx, offi
1.53
Score
DBS
DBS Forex Broker - Complete Information Guide   1. Broker Overview   DBS Vickers
1.53
Score
Unverified
GSM
GSM Forex Broker - Complete Information Guide   1. Overview of the Broker   GSM,
1.54
Score
ASX
ASX Forex Broker - Complete Information Guide   1. Broker Overview   The Austral
1.59
Score
BingX
BingX Forex Broker - Complete Information Guide   1. Broker Overview   BingX, es
1.53
Score
Binary Options
Binary Options Brokers - Complete Information Guide   1. Overview of the Broker
1.53
Score
NetDania
NetDania Forex Broker - Complete Information Guide   1. Broker Overview   NetDan
1.53
Score
Clone Firm
CALIBUR
No license plate
1.53
Score
1.56
Score
1.56
Score
1.57
Score
1.56
Score
1.56
Score
1.56
Score
Unverified
KLUIS
No license plate
1.56
Score
1.56
Score
Unverified
CIH Trading
CIH Forex Broker - Complete Information Guide   1. Broker Overview   CIH Broker
1.65
Score
1.56
Score
1.56
Score
1.56
Score
Clone Firm
XinHui Global
1.56
Score
UproFx
Uprofx Forex Broker - Complete Information Guide   1. Broker Overview   Uprofx i
1.56
Score
Unverified
MILLIMANFX
No license plate
1.56
Score

Latest Reviews

.33987

.33987

Hong Kong

On last December 17th, teacher Zhao Fulin guided us to trade in GALLUS TRADE scam platform. By manipulating the data, he made my account liquidated. The trend on the pic is inconsistent with that on legit platform.

Exposure

2020-02-15

Bager

Bager

Hong Kong

Exposure platform: GALLUS TRADE Teacher: Chen Guohua, Zhao Fulin, Xue Qiang and Tang Hongjun Product: London XAU/USD and XAG/USD Method: through group, live-broadcasting room and one-to-one instruction In this October, I was pulled into a stock exchange group, in which teachers recommended some stocks and sent profit screenshots. Having observed for some while, I figured out that stock recommended by him was profitable at a high rate. But when he took us to trade, the trend of London XAU/USD was inconsistent with that on Sina, causing huge losses.

Exposure

2019-12-18

FX3792673861

FX3792673861

Hong Kong

Exposure platform: GALLUS TRADE Teacher: Chen Guohua, Zhao Fulin, Xue Qiang and Tang Hongjun Product: London XAU/USD and XAG/USD Method: through group, live-broadcasting room and one-to-one instruction In this October, I was pulled into a stock exchange group, in which teachers recommended some stocks and sent profit screenshots. Having observed for some while, I was tempted and joined. I deposited 100000 RMB and profited nearly 20000 RMB with teacher’s guidance. I saluted and became more familiar with the teacher. After several days, the teacher asked me to add fund, saying that there would be a “ Bull Market ” of Long XAU/USD and XAG/USD.I deposited my all savings, 500000 RMB or so. After doing so, the teacher gave me one-to-one instruction, but my fund was gone within 1 week! I don’t know what to do since all my fund was gone.

Exposure

2019-12-13

GALLUS TRADE Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.21, Software Index 4.00 Risk Control Index 0.00.
GALLUS TRADE