GalaxyGroup

( 1.64 )
11 reviews
Unregulated
This company operates illegally, without a proper regulatory license.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
MetaTrader5.
Demo account.
Cons
Huge entry threshold.
The company's registration in the UK is questionable.
No license from the British regulator.
Leverage of 1:400 is prohibited by the FCA.
Huge entry threshold.
Trading volume statistics are not confirmed.
The new domain does not match the date specified in the registration certificate.

Company Background

According to the company’s information, it is registered in London, UK, as confirmed by certificate No. 11112295 dated December 14, 2017, which is posted on the website. In addition, information about the management is contained in this document, namely, the project is managed by three directors: Mr. Adam Ringer, Mr. Manish Aggarwal, and Mr. Ruben Bhagobati. However, the domain was only created on August 20, 2025, and the same year is indicated at the bottom of the main page.

In this review, we will consider whether Galaxy Group Midco Limited has anything to do with this platform, how reliable it is, and whether it is profitable to trade with it.

Overview of Services and Trading Terms

The company claims to provide services in 53 countries, with a trading volume of $743 million. However, there are no financial reports on galaxygroup.io to confirm this data. There is also no ECN account, and liquidity providers are not confirmed.

GalaxyGroup states that it reserves the right to restrict or terminate access to the account and website at any time at its discretion, without prior notice. 

GalaxyGroup offers its clients two platforms (for Web, Apple, and Android): its own WebTrader and third-party MetaTrader 5. Users can trade CFDs on cryptocurrencies, commodities, and other assets. Please note that the minimum deposit depends on the type of trading plan, of which there are four. The entry threshold varies from €5,000 to €100,000, and the leverage is no more than 1:10/1:20/1:50/1:100.

Meanwhile, leverage of up to 1:400 is indicated on galaxygroup.io, which violates the UK FCA’s limit of 1:30. 

There is no information about trading commissions and spreads, but there is an inactivity fee of 30% of the total balance. GalaxyGroup’s additional services include educational materials and a VIP mentoring program. Finally, all clients can trade on a demo account.

Referral and Bonus Schemes

Apparently, GalaxyGroup does not have an affiliate program, which is quite rare. Such a tool is a good way to attract clients. Besides, there are no bonus policies or promotional offers that encourage users to increase their deposits.

However, the company states in its Trading Policy that all bonuses you have received will be written off if your account is inactive for 2 months. In other words, GalaxyGroup does give out some kind of prizes to its clients, but does not disclose this information.

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FAQ

Is there any income guarantee when trading with galaxygroup.io?

The company does not guarantee you any profit or return on your investment. According to its rules, your account can be blocked at any time without warning.

What sum is necessary to begin dealing with GalaxyGroup?

The broker claims to have a low entry threshold for trading, but the minimum deposit of €5,000 is specified in the rates on the website. Therefore, please clarify this issue with technical support.

What deposit and withdrawal methods are available?

Deposits and withdrawals are made to a bank account (required for large amounts) or a bank card. However, the company reserves the right to block a transaction for verification.

Is galaxygroup.io a legitimate website?

Most likely, this is an illegal project, as the license of the British regulator FCA is not indicated on this site, and the certificate of registration of a legal entity in the UK from 2017 raises suspicions. Since the domain was only created in August 2025.

Is it like roulette with no guarantee of earning money?

CFD trading carries the risk of loss by its very nature. However, you will incur 100% damage here by trading with high leverage on an unlicensed platform.
Emily White - Author on Scamroulette.com
Emily White

GalaxyGroup provided a certificate of registration for Galaxy Group MIDCO Limited, which was indeed established in the United Kingdom. However, this holding company, which operates in London, has no connection to the platform. Thus, the scammers created this website just a month ago and are not registered as a legal entity, instead covering up their scam with the data of a third-party company that is not engaged in trading.

Overall Score

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1.64/5
OVERALL

Based on 11 votes

11 reviews about GalaxyGroup

  • Carlos Lewis
    1 review
    25.10.2025 19:39
    I just let myself be fooled

    Since I had no experience at all, I listened to the managers. They told me that I should put all my money into one profitable deal. As a result, I lost everything and left $7,300 here. I think it was a “very expensive experience” in my life….

  • Mr. Simmons
    1 review
    16.10.2025 07:47
    Very long withdrawal process

    I traded with this broker and everything was fine until I accumulated a large amount and decided to withdraw it. The amount was $2,600. I sent a withdrawal request to Galaxygroup operators, but I never received the money. Although the rules of procedure state that it takes 1 day to confirm and withdraw funds. In the end, my request was rejected without explanation after a week. Then I started corresponding with customer support, and these employees couldn’t explain anything to me. I should note that they strung me along for another week, and I received the money from Galaxygroup in four separate transfers… This is unacceptable!

  • Jenny
    1 review
    07.10.2025 14:52
    THIS IS A SCAM!

    Some strangers called me and introduced themselves as employees of this company. I foolishly believed them because I thought I could use the extra income and decided to make some money! However, they cheated me, and my money never arrived in the specified account!

  • Zimmerman
    1 review
    06.10.2025 15:30
    My $7,000 deposit disappeared here

    I traded with GalaxyGroup after registering an account, but less than a week later, my balance suddenly began to melt away. What kind of idiocy is this? Indeed, I was very surprised when I first received a drawdown on pairs with the dollar, on those trading orders with those currencies that I was already used to working with and had previously earned steadily, but only on other platforms. And only when I tried to trade on galaxygroup.io did I lose $510 on the USDCHF pair, and then there was a loss of $2,400 in relation to the dollar and the British pound. It turned out that it was simple—these guys are wiping out their clients’ deposits, especially those who have invested large sums in the system, i.e., $10,000 or more.

  • Kathryn Powell
    1 review
    02.10.2025 12:11
    No license

    I didn’t have to look for information about this company from the UK regulator. There is simply no license on this website, and don’t think that these guys forgot about it. They just didn’t care. Why do they need a regulator when they can constantly deceive naive people?? I had already lost $1,700 with them on Apple shares when they crashed the price by 18%, even though everything was more than fine on other exchanges and brokerage companies. It was at that moment that everything became clear to me, and the broker’s behavior became understandable. As a result, my further trading was a waste of time, and after that, I never got my money back.

  • L. Marshall
    1 review
    26.09.2025 17:19
    The company takes money from clients in a very cunning way!

    I really didn’t like working with this broker because I invested a large amount of money for myself, $6,000, and then I ended up in the hospital due to a car accident. Obviously, my account was abandoned for quite a long time on galaxygroup.io, but I didn’t want to waste time, so while still in the hospital, I signed up for free trading courses on my smartphone and hoped to start trading with new energy and knowledge on my home PC after discharge. However, when I returned home, I discovered that I could not log into my GalaxyGroup account. Therefore, I registered a new account and contacted technical support. The operators informed me that my old account was inactive, as a result it had been archived!! They explained that this clause is included in the Agreement, which all clients are asked to read when registering. It turned out that it was impossible to unarchive the account, and all bonuses were burned, and some huge penalty was charged for non-working orders! This means that now I can only trade from my new account. No, I will not repeat my mistake again!!!

  • Kraig
    1 review
    23.09.2025 15:07
    THIS IS THE WORST PLATFORM ON THE CURRENCY MARKET

    This is the most unprofitable project I have ever seen. GalaxyGroup has abandoned its honest services and is now mocking its clients because they are NOT LIABLE for losses. All you can do is believe and wait for them to close down or wait a long time for your money back. I am so sure of this because I have not been able to get my deposit back for more than 1.5 months, NO ONE CAN HELP ME and there are many other traders who are also suffering greatly from these crooks at galaxygroup.io

  • Tara P.
    1 review
    14.09.2025 01:49
    I left this platform and do not regret it at all.

    I struggled with this platform for three weeks; there is no other way to describe it. The terminal immediately began to slow down after the first closed trade with real money, which began to bother me, since everything was perfect on the demo account. In addition, the trading opportunities turned out to be limited on MT5 and worse than those of other brokers, so I had to leave. I should note that you won’t be able to trade bitcoins on their terms; it’s impossible, as hidden commissions will reduce all your profits. Run away from them as fast as you can.

  • Andrea Castillo
    1 review
    11.09.2025 06:06
    Here you can earn money

    It was enough for me to find out that the GalaxyGroup platform has been operating since 2017. That was enough for me to decide to work with this broker. Although I was at work that day, sitting at my desk without much stress, I read a little about GalaxyGroup and learned that they have good experience and an office in London. So, I soon topped up my account on galaxygroup.io and started trading successfully, mainly with my own money, although I sometimes used 1:10 leverage, but only when I saw a certain profit and good prospects for myself. I should note that at the moment I have a net profit of over £2.3K in just one month.

  • Millard Carson
    1 review
    06.09.2025 02:51
    I will never invest here!

    Just recently, I had a plan that I wanted to put into action by investing money in this company. However, my trader friends told me a lot of things I didn’t know, including the schemes used by the GalaxyGroup project administration to openly withdraw deposits from client accounts. Only then did I realize that I simply did not want to sit and wait for these crooks to take all my money. Therefore, I decided not to invest in trading on galaxygroup.io. After all, I had seen the negative experience of those who invested 5K euros here but ended up bankrupt. Unfortunately, these are scammers who use the B-book order execution model.

  • Victor
    1 review
    02.09.2025 16:18
    They are liars!

    They play against their clients’ profits, which is despicable, and there is already so much evidence on the Internet that they are scammers, and all traders know this because GalaxyGroup is having platform issues. I wrote to them about it several times, asking them to fix the problems and provide information on where they get such incomprehensible quotes. It seems that all transactions remain on their server and are not transferred to interbank accounts

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Broker Profile

Date of foundation
Since 2013
License
No
Leverage
1:400
Demo account
Yes
Order Execution Model
DD
Minimum deposit
$5850
Trading Platforms
Advanced, Feature-rich, User-friendly, Mobile compatibility
Leverage Options
High leverage (e.g., 1:500)
Range of Instruments
Moderate range
Customer Support
24/7 support
Regulatory Status
Not regulated
Account Types
Limited account types (only two or three options)

Why you can trust reviews about GalaxyGroup

  • Our report includes a comprehensive look at the company and information on its background.
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