BrokersView
Search
Download
English
Sign In

Gala Traders

Save

Operating status: SCAM

Website: https://galatraders.com/

Broker violations and abnormal records
  • 2024-10-20 The FCA issues a warning against Gala Traders

    On October 21, 2024, the Financial Conduct Authority (FCA) issued a warning against Gala Traders, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/gala-traders-https-galatraderscom

    On October 21, 2024, the Financial Conduct Authority (FCA) issued a warning against Gala Traders, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/gala-traders-https-galatraderscom
  • 2024-10-21 BrokersView has reviewed that Gala Traders is an unregulated broker

    The website for Gala Traders was recently registered in December 2023, raising a significant red flag due to the company's anonymity. Additionally, the Financial Conduct Authority (FCA) has issued a warning against Gala Traders for operating without the required authorization.

    In essence, Gala Traders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Gala Traders appears to be a scam.

    The website for Gala Traders was recently registered in December 2023, raising a significant red flag due to the company's anonymity. Additionally, the Financial Conduct Authority (FCA) has issued a warning against Gala Traders for operating without the required authorization.In essence, Gala Traders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Gala Traders appears to be a scam.

Related Complaints

Q&A

Is the site trustful? Gala Traders, the name is.

Eugene
Germany
2024-10-24
ANSWER Dear Investor,We have researched the website of Gala Traders and believe it is a scam. This platform appears to be newly established, with its website registered at the end of last year. It lacks essential company information and necessary licensing details, raising doubts about its legitimacy and authenticity. Additionally, the Financial Conduct Authority (FCA) has issued a warning against Gala Traders for operating without the required authorization.Therefore, we strongly advise you to avoid using Gala Traders to protect yourself from potential scams. For a safer trading environment, we recommend opting for fully regulated brokers.
See more

4 comments

Avrola
I am a student who just graduated. Due to the great pressure from work, I also tried to invest in virtual currency online and encountered countless scams until I met my current team. Although the team will control the daily profit amount, it is also a relatively stable income. If you have encountered a scam on the road of investment like me, I can share with you the team I joined. My Telegram number is: https://t.me/anjila68
6 hours ago
Reply
rsmunejuiljaq@hotmail.com
If you are a victim, I can recover your losses. Please add me on Telegram https://t.me/RosaLL888
6 hours ago
Reply
Richard Adrian
I tried to withdraw money from my account for nearly three months, but they kept telling me it was "processing." Seriously, how long does it take to process? There’s no trusting a company that holds onto your money, promises it'll arrive shortly, and three months later, you’re still empty-handed. Yet, they kept trying to convince me to use more of their services and send them even more money. Glad i got vindicated with the aid of (Fightingscams @Aol dot COM)
9 hours ago
Reply
Gomz olsson
I have been able to recover my lost funds about £300,000 through the help of Mr Jim after my broker was insisting I should invest more money before my funds can be released I saw a review about this Man at first I was so scared because you never can tell who the real ones are, I decided to give him a try and it was worth it believe me this Man is a God sent because, if it wasn’t for his help I would have been on the street because I was in the process of selling my house and he didn’t charge a dime for her kindness all he desired was for me to testify about what he has done for me, Mr Jim I will forever be grateful, if you need help you can reach him out on his Mail Via (jimbianco189 @gmail.com) and believe me you’ll testify just like I and most people he has helped in recovering their lost funds,,my regards
2024-10-25
Reply
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.