Online trading platforms have become popular for investors to trade in various assets. However, with the growing popularity of such platforms, many fraudulent brokers have also emerged. One platform that has recently been in the news for fraudulent activities is galaxy-investmentz.com.
Is galaxy-investmentz.com a Licensed Broker?
Galaxy-investmentz.com claims to be a trading platform that provides services for trading in stocks, commodities, forex, and cryptocurrencies. However, on their website, we found their license information. But don’t be happy seeing that.
When you hover their license number, you see it is registered on the UK Government website. This can be done with just some basic documents. That is not an authentic registration. We did not find any other confirmation from other regulatory organizations.
Why Should Not You Trust An Unlicensed Broker?
Trading with an unlicensed broker can be risky, as there is no assurance that the company will operate according to industry standards or follow any ethical practices. Additionally, unlicensed brokers are not required to adhere to strict financial regulations, which increases the likelihood of fraud or financial malpractice.
Can galaxy-investmentz.com Be Trusted?
Galaxy-investmentz.com has several negative reviews and complaints on various online forums, which raises concerns about its credibility. The website also has a poorly designed interface and lacks essential information, which further questions the company’s legitimacy.
What Do Traders Think About galaxy-investmentz.com?
Several traders have reported that galaxy-investmentz.com engages in unethical practices, such as manipulating trade outcomes, providing false information, and withholding funds. Many traders have also complained about the unresponsiveness of the customer support team.
Scammed by galaxy-investmentz.com?- Talk to Our Experts.
If you have been scammed by galaxy-investmentz.com, it is essential to seek legal help immediately. Our team of experts can guide you through filing a complaint and recovering your funds. Contact us today to schedule a consultation.
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