About Galingo Company
Galingo has been a trusted online brokerage firm offering financial services since 2013. The company is dedicated to providing exceptional support, training, and advantageous trading conditions to all its clients. The website galingo.com primarily caters to an English-speaking audience, with a Russian version available through an integrated Google translator.
Management and Regulatory Oversight at Galingo
Galingo is overseen by the investment firm Galingo, which is registered in Cyprus and regulated by CySEC – the Cyprus Securities and Exchange Commission. As stated in the “About Us” section, Galingo is owned and managed by Crowd Tech Ltd, which adheres to the ESMA Directive on Markets in Financial Instruments II (MiFID II).
Trading Instruments and Platforms Offered by Galingo
Traders at Galingo have access to a proprietary platform for trading on financial markets and managing assets. The platform supports trading in over 500 financial instruments, including digital currencies, currency pairs, commodities, and stock indices.
Trading Account Options at Galingo
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STP account – requires a minimum deposit of 500 USD/EUR, offers dynamic spreads starting from 0.5 points without commissions;
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ECN account – starting threshold of 10,000 USD/EUR, offers spreads starting from 0 points with a commission of 2 USD per lot;
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VIP account – minimum investment of 100,000 USD/EUR, features fixed spreads with no commissions.
Additionally, users can explore investment opportunities in PAMM accounts, PAMM portfolios, and PAMM services, although specific terms of cooperation in this area are not detailed on the website.
Deposits and Withdrawals with Galingo
Information regarding the procedures for conducting financial transactions on the Galingo platform is currently unavailable. The broker does not offer explicit details on payment services or the terms and conditions related to profit withdrawals and client fund transfers.
Final Thoughts
Given the lack of transparency that may raise concerns regarding the company’s integrity, prospective clients are encouraged to seek out reviews from actual users of Galingo to make well-informed decisions about potentially engaging in business with the broker.
This review has been prepared by the specialists at ExpertsReview.