Trade Galactica is a CFD broker with positive online reviews and a headquarters in the United Kingdom. According to the legend from the official website, the company has been operating since 2018, and its main objective is to provide traders with the best conditions and opportunities for earning in the financial markets. However, can the firm be trusted with money if it has not obtained a license, has no insurance or compensation fund, and does not disclose information regarding its business model?

How to Trade

You can start trading ‌with $2,500 after registering an account and successfully passing verification. Trade Galactica specializes in CFDs, therefore only such types of instruments are available: forex, stocks, cryptocurrencies, commodities, metals, and indices.

Traders can choose from one of 6 types of accounts at Trade Galactica. Each subsequent tariff has a higher minimum deposit but also offers more diverse additional opportunities:

  • Account supervisor.
  • Risk-free trades.
  • Seminars and customer support 24/7.
  • Daily signals and strategies.
  • Analytical consulting and market analysis.
  • Bonuses.
Trade Galactica also guarantees a passive income from 2.5% to 33%, but the period for this is not specified. The presence of such a service suggests a financial pyramid scheme.

Trade Galactica Vital Info

Is the broker really operating since 2018, as stated on the official website? Or could it be that the company is falsifying its period of operation? Then why did the website’s domain only appear on March 17, 2022? Trade Galactica could not have existed before 2022, or there was some other domain about which we are not informed.

It is a British organization, with details available in the UK legal entities register, yet the date of incorporation is listed as June 28, 2023. This also proves the false information about having experience since 2018.

Trade Galactica is required to obtain a license from the FCA, which monitors the activities of brokerage firms in the UK. However, a check of this register did not reveal the presence of the broker. Why has the company not obtained a license? What is wrong with it?


What are the key facts about Trade Galactica?

The website states: founded in 2018 and has a legal address in the UK. However, the operating period turned out to be fabricated, as the domain was only registered in 2022, and legally the firm appeared only in mid-2023. Such a legal entity is in the Companies House register, but there are no confirmations that it actually belongs to the subject of our review. And there are definitely no licenses, as this organization is not found in the FCA. Additionally, the platform does not disclose its business model, leaving traders in the dark about how orders are processed.

What's the risk to my wallet when working with this broker?

It is important to remember the risks inherent in margin CFD trading. Due to leverage, many traders completely lose their money. However, the most significant risk with Trade Galactica lies in its illegal activity, because there is no regulation. The platform has no license, so client deposits are not protected at all, and the firm may manipulate quotations, delay withdrawals, or outright refuse to withdraw funds.

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