GalacticsAI has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Galactics AI found at www.GalacticsAI.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for a few weeks now with GalacticsAI I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Real-time alerts|Professional team|Two-factor authentication|Low minimum deposit
Cons: Limited demo account features|Minor UI glitches occasionally
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. GalacticsAI said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: No hidden fees|Multi-device support|Tax reports included
Cons: Could offer more webinars|No dark mode on mobile
I closed a profitable position at GalacticsAI and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: High security standards|Economic calendar|Great customer service
Cons: Live chat only during business hours
I gave GalacticsAI a fair chance. After for roughly four months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Clear documentation|Stable platform
Cons: Email notifications too frequent|Account statements could be more detailed
The so-called education at GalacticsAI is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I opened my account last year thinking they would help me learn.
Pros: Clean UI|Educational resources|Market news feed|Good mobile app
Cons: Website design could be more modern