WikiFX

Sagot

From my experience and due diligence as a trader, I can confirm that China Galaxy is overseen by a recognized regulatory authority. Specifically, the broker is regulated by the Securities and Futures Commission (SFC) of Hong Kong, operating under the entity China Galaxy International Futures (Hong Kong) Co., Limited, with license number AYH772. This kind of oversight is vital for safeguarding traders’ interests, as the SFC is known for its relatively rigorous regulatory standards in the region, offering a degree of confidence regarding operational transparency and client fund management. That said, while SFC regulation provides some protection, I always remind myself—and would advise others—to look beyond the licensing itself. It’s important to note that user experiences reported issues with withdrawal processes and raised concerns about potential cloned or fraudulent websites imitating the regulated entity. Such cases highlight the need for caution and verification each time I interact with a broker, regardless of official oversight. In summary, China Galaxy is indeed under SFC supervision in Hong Kong, which is a positive sign from a regulatory perspective. However, based on both my own standards and those of the trading community, it remains essential to thoroughly verify platform authenticity and tread carefully, especially given risk alerts and the history of client complaints related to withdrawal difficulties.