About GALAXY FINANCIAL SERVICES
Company Overview
Galaxy Financial Services is a retail forex and CFD broker registered in Saint Lucia, established on 11 September 2025. The company operates from a registered address at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia, with a P.O. Box in Castries. Its official website is galaxyfinservices.com.
The broker positions itself as a provider of online trading services, offering access to forex, CFDs, commodities, and other instruments. It presents a global brand image, though it is a relatively new entrant in the industry.
Regulatory Status
FXCanary's records indicate that Galaxy Financial Services holds no known regulatory licences from any financial authority. The company is registered in Saint Lucia, a jurisdiction known for light financial oversight. This absence of regulation is a significant factor for traders who prioritize investor protection.
Traders should note that unregulated brokers may not offer compensation schemes or recourse through financial ombudsman services. Our review found no evidence of the broker being licensed by bodies such as the FCA, CySEC, or ASIC.
Account Types & Trading Conditions
The broker offers five account tiers: Bronze, Silver, Gold, Platinum, and Diamond. All accounts share identical maximum leverage of 1:500, zero commissions, and a minimum order volume of 0.01 lots. According to the website, spreads start from 0.1 pips, and the broker uses an ECN/STP execution model with lightning bolt execution.
Other features include unlimited maximum volume in lots, up to 300 pending orders, support for Expert Advisors (EAs), swap-free accounts, and IB rebates. Margin call and stop-out levels are set at 100% and 70% respectively across all account types.
Trading Instruments & Platforms
Galaxy Financial Services claims to offer over 70 trading instruments spanning forex, CFDs, commodities, indices, metals, and cryptocurrencies. Forex pairs include majors, minors, and exotics. Cryptocurrency trading is available for Bitcoin, Ethereum, Litecoin, and Ripple.
The broker does not explicitly name the trading platform(s) it offers on its website. However, the mention of ECN/STP execution and EA support suggests compatibility with popular retail platforms like MetaTrader 4 or 5, though this is not confirmed.
Funding, Fees & Customer Support
The broker advertises fee-free funding options and a minimum deposit of $0, which is unusual in the industry. It also promotes tight raw spreads starting from 0.0 pips. Customer support is available 24/7 via a UAE phone number (+971509822363) and email (support@galaxyfinservices.com).
Registration is described as fast and simple, allowing traders to start forex trading in minutes. The website provides a demo account option for prospective clients.
Target Audience
The broker appears to target retail traders looking for high leverage and low-cost trading conditions. The multi-tier account structure may appeal to both novice and experienced traders, though all accounts offer identical leverage and spreads.
Given its lack of regulation, the broker is likely more accessible to clients from jurisdictions with lenient regulatory requirements. Traders from highly regulated markets (e.g., EU, UK, Australia) should note the absence of local licensing.
Additional Considerations
Galaxy Financial Services also features an 'Academy' section on its website, providing educational content about forex trading. The company’s terms and conditions restrict services to individuals aged 18 and over and warn that usage may be limited in certain jurisdictions.
As a newly established broker with no regulatory oversight, traders should conduct thorough due diligence and consider the risks of trading with an unregulated entity. FXCanary's scam risk score for this broker is 63/100 (elevated), reflecting these concerns.
Overview compiled by FXCanary from regulatory records and public data. full GALAXY FINANCIAL SERVICES review