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Given the reviews and your assessment, how legitimate do you believe Galaxy Futures is?

Broker Issues
Galaxy Futures
Regulation
02-11
United States
WikiFX
Reply

From my perspective as an experienced trader, Galaxy Futures appears to demonstrate many qualities of a legitimate broker, particularly within the Chinese futures market. What stands out to me most is its clear regulation by the China Financial Futures Exchange (CFFEX) and the fact that it holds a valid Futures License (No.0109), which is a significant indicator of oversight by a credible domestic authority. This level of regulatory supervision means the firm is required to meet specific compliance standards — a core factor I look for when evaluating legitimacy in a broker, as it typically entails regular audits and better client fund protection. That being said, I exercise caution when dealing with any financial institution, and there are aspects with Galaxy Futures that prompt me to be extra vigilant. For example, while their regulatory status is reassuring, the website’s current inaccessibility is concerning since it hinders transparent access to up-to-date information and may affect client confidence. Additionally, there’s limited customer support (only email), and I noticed little transparency regarding account conditions or payment options—details I consider essential for fully informed decision-making. The customer reviews paint a mixed picture: one user was satisfied with the sense of security but noted slow service, and another reported issues with withdrawals and requests for extra funds, which I consider serious red flags that require thorough independent investigation. Ultimately, Galaxy Futures looks legitimate on paper, especially for those operating in China’s regulated markets. However, personally, I would proceed cautiously, thoroughly verifying all account terms and directly confirming that platform functions and withdrawal processes work as expected before committing significant funds.

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