WikiFX

Sagot

Based on my review of Galaxy Futures, it's clear that transparency regarding total trading costs, especially for indices like the US100, is limited. From what I observed, the broker emphasizes its regulated status with CFFEX and offers access to a broad range of futures—including financial indices, though specifics like exact contract details for international indices such as the US100 are not openly disclosed on public sources or their platform. As a rule in my trading practice, I look for straightforward, disclosed fee structures—ideally specifying commissions, spreads, overnight fees, and any exchange or clearing costs. With Galaxy Futures, key information about spreads and exact commission rates per trade is not readily available, which introduces a degree of uncertainty. My experience also teaches me to consider currency conversion fees and transaction charges with bank transfers, as Galaxy largely uses local banks for deposits and withdrawals. In practice, trading with Galaxy Futures would require directly consulting their support (which is limited to email and not always prompt, based on verified user feedback) to clarify the cost structure for a US100 or similar index contract. I would proceed with caution and avoid allocating significant capital until all trading costs—explicit and implicit—are transparently confirmed. This approach is especially important for YMYL products where hidden costs can dramatically impact trading outcomes.