Warning: Is Trade Galactica a Scam?

Is Trade Galactica (tradegalactica.com) a Scam?

Our experts strongly warn you to steer clear of Trade Galactica (tradegalactica.com).

We found that it is located at 1 Canada Sq, London, United Kingdom, E14 5AB, the phone number is '+442045930404, and the support email is support@tradegalactica.com.

Trade Galactica claims to be a trading provider, but it appears currently not authorized by any credible financial regulator, such as the FCA or SEC.

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Is Trade Galactica Safe?

Trade Galactica runs without regulation.

Investing with unregulated entities is highly risky. Trusted firms are always registered with bodies like the FCA, CySEC, or CFTC to protect investors.

Trade Galactica lacks this supervision. This means there is no protection if they withhold your money. Many investment fraud involve unregulated entities, and recovering funds from them is difficult without professional help.

For example, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In the US, they are not members of SIPC, so your money is completely exposed.

Common Scam Tactics

Online trading fraud is getting smarter. Scammers use psychological tricks to take wealth. Below are typical methods seen in sites similar to Trade Galactica (tradegalactica.com).

The "Romance" Trap

"Pig Butchering" is a brutal tactic where scammers build trust over weeks. They fake a friendship on social media. Once trust is built, they introduce a secret crypto opportunity. It's a trap to get you onto a fake platform .

Fake Trading Dashboards

Fraudsters build websites that look exactly like legit trading apps. They have charts and balances that go up. But it is a game. The broker manipulates the prices to convince you to deposit more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Cold Calling: You get calls from "brokers" you don't know.
• No License: The firm lacks legal registration.
• High Returns: They promise 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" pressure you to invest bigger amounts.

Ignore fake reviews. Fraudulent brokers frequently post their own 5-star reviews to appear real.

Conclusion

We advise against Trade Galactica. It appears to be a scam. Save your funds and find a regulated broker. Avoid tradegalactica.com at all costs.