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Does Galaxy Futures offer fixed or variable spreads, and how do their spreads typically behave when there’s significant market volatility or major news releases?

Broker Issues
Galaxy Futures
Fees and Spreads
02-04
United States
WikiFX
Reply

Based on my review and the detailed information available, I found that Galaxy Futures does not explicitly publish whether their spreads are fixed or variable, nor do they provide transparent details about average spread levels or how spreads behave during periods of high volatility or major news. This lack of transparency itself is significant for me as a trader, since understanding spread behavior is essential for risk management and trade planning, especially in the futures markets where cost efficiency can directly affect outcomes. In my experience, brokers who do not clearly specify their spread structures might be using variable spreads that can widen during market stress or major economic announcements—this is common with futures brokers. The trading environment at Galaxy Futures is further complicated by the absence of commonly-used international platforms, such as MT4 or MT5, and the lack of demo account options to test spread behavior myself. Additionally, their customer support is only available via email and not around the clock, so I couldn't readily clarify these details or get timely assistance. Therefore, I exercise extra caution here. Unless Galaxy Futures becomes more transparent about their trading conditions—including spreads and execution behaviors during volatile events—I am hesitant to make firm assumptions or commitments. For anyone considering them, I recommend thoroughly investigating with direct, up-to-date contact before trading, particularly if spread cost stability is a priority for your strategy.

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