Reported Website: https://www.galantrade.com/
GalanTrade claims it is owned and operated by Vigo and Co LLC and it is located in St. Vincent and the Grenadines. However, we did not find any match results to GalanTrade or Vigo and Co LLC in the St. Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, SVG FSA does not regulate forex trading, which means even having registration in SVG FSA is not enough for a broker to do forex trading. The truth is, GalanTrade is not regulated by any regulators. That means investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
