About the IsGalaxy Brokerage Company
The IsGalaxy platform is a regulated European broker, a member of the Investment Compensation Fund ICF. The company offers access to trading instruments of the global financial market through a multifunctional trading platform.
According to information from the official website, the IsGalaxy trademark is owned by the financial company IsGalaxy Ltd, which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). License number: 121/10.
The company’s identification number in the Cyprus Companies Register is YY213946.
Scanned copies of the relevant legal documents are not available. Also, the legal address where the company is registered and located is not provided.
IsGalaxy does not provide internal documents and regulations on which the servicing of traders and the broker’s trading policy are based.
To contact the IsGalaxy project administration and support service, you can use the email address or phone numbers listed on the website.
IsGalaxy Trading Conditions
The financial organization provides access to various trading assets:
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Cryptocurrencies,
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CFDs on commodities – precious metals and energy sources,
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Currency pairs,
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CFDs on stocks,
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Stock indices.
IsGalaxy uses proprietary trading software. There is the possibility to use both the browser and mobile versions of the trading terminal. A description of the functional characteristics and technical capabilities of the software complex is not available.
Several types of trading accounts are presented:
1. BASIC
Minimum deposit – from 500 USD, leverage up to 1:100.
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EUR/USD – 3.0 pips
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GBP/USD – 3.4 pips
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USD/JPY – 3.3 pips
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Oil – 0.12 USD
2. GOLD
Minimum replenishment – from 10,000 USD. Leverage up to 1:200.
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EUR/USD – 2.7 pips
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GBP/USD – 3.1 pips
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USD/JPY – 3.0 pips
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Oil – 0.11 USD
3. PLATINUM
Initial capital – 50,000 USD, leverage up to 1:500.
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EUR/USD – 2.1 pips
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GBP/USD – 2.5 pips
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USD/JPY – 2.4 pips
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Oil – 0.10 USD
Account Replenishment and Withdrawal from “IsGalaxy”
The financial conditions of the trading platform depend on the minimum entry threshold, which is 500 USD, and information on commissions depending on the type of trading account:
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BASIC – commission: 0.3%.
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GOLD – commission: 0.2%.
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PLATINUM – commission: 0.01%.
The list of available payment methods for replenishing the trading account and withdrawing funds from “IsGalaxy” is not provided. The website displays logos of some payment systems that may be used for financial transactions.
Conclusion
The IsGalaxy brokerage company positions itself as a regulated and reliable trading platform. The broker points out its registration in Cyprus and the presence of a license from the local regulator. However, copies of the relevant documents are not provided. The broker’s trading conditions are limited to a list of available assets and superficial trading terms. Information on the functionality of the trading terminal, financial cooperation conditions, and parameters for depositing and withdrawing funds is not available. In conditions of high financial market volatility and risks of derivative operations, it is recommended to carefully choose a financial agent. To assess the reliability and security of the IsGalaxy broker, it is recommended to refer to trader reviews and opinions of professionals in the field.
I am quite dissatisfied with the broker’s work as their performance has not met my expectations.