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Regarding the legitimacy of Gallen Capital forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.

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Is Gallen Capital a scam, or is it legit?

The latest exposure and evaluation content of Gallen Capital brokers.

Withdrawals and transaction interference are not possible
I traded at Gallen Capital with ID 5516697. During the trading process, I deposited a total of 11 thousand dollars. After a period of trading, when I tried to withdraw funds, I couldn't. When I asked the platform, they said it was because my trading volume was not sufficient. I continued trading for a while but still couldn't withdraw funds, with the reason being insufficient trading volume. Then, the platform instructed me to trade the recommended code "wheat.g" and I traded 0.5 lots of that code, resulting in a complete loss of my account. I want to report this platform as a scam that embezzles customers' money. The mastermind behind this is a person named Khanh, who is the fund manager of the platform. They recommended the Wheat.g code for customers to trade and manipulated the price to burn customers' accounts. Their phone number is: 076-2258504. After I posted the accusation on Wikifx, I received a reply from the MetaQuotestLTD reserve fund, but I still haven't received the money back. I have attached the images below. Everyone, please do not trade on this platform!
Report Gallen Capital (5516697
Report Gallen Capital (5516697)! Not allowing withdrawals, luring players into depositing money to receive incentives and then not allowing withdrawals stating the reason is to trade carefully enough, tricking customers into trading code WHEAT.g according to their suggestions, when customers click Even if the number of transactions is small, the floor will adjust the code to run contrary to the suggestions given by the floor to burn the customer's account. This floor has Khanh as the fund manager, he instructs not to withdraw money and always forces investors to trade with enough margin. When investors trade, they will suggest to type Wheat.g code. This code they control. The price can be adjusted, so when investors trade, they actively jerk the price to burn their accounts immediately. These scam floors have many employees who lure customers from afar, pretending to make friends through Zalo and then saying that this floor has many incentives. In fact, they are setting traps to lure customers in. My account had a negative value of $32,000 when I last traded. After I wrote a report, $27,000 was transferred back to my account. And as a result, the account is still 0 dollars, meaning it's still out of money. After I posted a report denouncing the exchange, the exchange responded that they would refund my money but required me to open another account of the floor's choosing or that I choose myself. I don't understand that if the exchange gives me back the money, I can just transfer it to my account. Why would I transfer it to a certain exchange and then withdraw money from that exchange to my account? Moreover, after my account burned, a few days later they transferred 27,000 to my account for what? They have already scammed people, so what is the purpose of transferring 27,000 back? After I was scammed out of $10,000, there was a third party claiming to manage an exchange in Vietnam that wanted to help me get back part of the lost money. However, the condition is that I must deposit an additional $8,000 into my trading account to receive compensation for 80% of the $10,000 capital. This is a form of fraud.
Gallen Capital floor is a scam, does not allow withdrawals.
My ID (MT5) is 5518439. The scammers working for Gallen Capital are very sophisticated scammers, they lured me to deposit money into this floor. I deposited 15,000 USD, then they asked me to trade 30% of my deposit to withdraw, and I had traded enough as required, my account was up to 42,500 USD. However, these guys did not let me withdraw and automatically logged into my account (I changed the Pass) and made a transaction to buy Wheat.g (one-liner) to burn my account. These people are dishonest soldiers, and from now on their descendants will also bear the full burden of robbery. I post here so that everyone can avoid trading on unreliable exchanges, and also don't listen to what the touts say.
Fraudulent appropriation of assets
On January 16, 2024, I was introduced to Gallen Capital by a freelance consultant. I saw the name of the Swiss exchange so I felt secure in joining. First, I invested $100 to try to see if I could deposit and withdraw quickly. No, then when I tried to withdraw $50, everything happened quickly and normally, although the deposit and withdrawal fee was very high compared to other exchanges, when I deposited 24,500, I received $100, but when I withdrew $1,000, I only received back 23,700. , which means the deposit and withdrawal fee is 800,000 VND/1000 USD, the floor explained that the bank they collect is (MSB Bank) and the recipient is Global Trading Company. Next, I entered 2000 USD to continue trading. After I entered 2000 USD, someone named Khanh (Phone number 076-2258504) contacted me and said he was in charge of the floor's fund and invited me to join the 15,000 package. USD to receive the floor's incentives, Khanh called me a lot to tell me to join the 15,000 package, saying that this package has been available for a long time and that many people want to receive this package. If you don't join right away, you will lose your opportunity. Well, then I talked to Thien again, and Thien said he would join me for about 6,000 dollars. After that, I transferred 193 million to the exchange's account and told Thien to add the remaining amount. Thien's reason was that he could not get the money. I reported to the floor and the floor forced me to deposit the full amount of 15,000. I said I didn't have enough money to put in anymore. The floor refused and forced me to make enough margin to approve the withdrawal, then the floor blocked it. My withdrawal order, next, Khanh transferred my file to David Tran for further processing. David Tran told me to place a very large order with the purpose of letting me quickly burn out my account, after that I did not. trading again, when I went to register to withdraw money, the portal to the exchange's website was locked to withdraw money. After that, I called Khanh back and he kept asking me to make enough margin to approve the withdrawal order. Next, a guy made friends and sent a message saying that a person from the exchange named Cuong Pham would help me. Better trading, I traded according to the code it suggested which was Wheat(CME). As soon as I entered 0.5 lots, my account was negative 32,500 USD and my account burned out. I have attached pictures here for everyone to see. This is a scam floor, if anyone is still trading or planning to invest in this floor, they must stop immediately. I am very angry because I was tricked by them into investing money here. I am writing this article to hope that the online community and the authorities will immediately arrest these Gallen Capital brokers.
Gallen Capital's latest industry rating score is 2.05, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Gallen Capital If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.