Galidix (trading-area.galidix-v3.com) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I requested my data from Galidix (trading-area.galidix-v3.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Social trading features|Clear documentation
Cons: Charting tools need more indicators|Cannot customize dashboard fully
The hidden fees at Galidix (trading-area.galidix-v3.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Good analytical tools|Copy trading available
Cons: Spreads widen during volatile periods|Slow to add new assets
Galidix (trading-area.galidix-v3.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Good analytical tools|Market news feed|Clean UI|Smooth onboarding
Cons: Withdrawal takes 1-2 business days
Galidix (trading-area.galidix-v3.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Excellent charting|Low minimum deposit|Dedicated account manager|Fast execution
Cons: Wish they had more educational resources|No integrated tax optimization
I had high hopes for Galidix (trading-area.galidix-v3.com) after a family member had a good experience, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Detailed reporting|Transparent fees|Excellent charting|Regular platform improvements
Cons: Cannot customize dashboard fully|Alert system is basic
I referred a friend to Galidix (trading-area.galidix-v3.com) after my brother mentioned them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Great customer service|Multi-currency support|Clean UI|Comprehensive tools
Cons: Withdrawal takes 1-2 business days
I am in a dispute with Galidix (trading-area.galidix-v3.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Fast support response|Easy to use platform|Stable platform
Cons: Wish they had more educational resources|No integrated tax optimization
Several red flags with Galidix (trading-area.galidix-v3.com): (1) They promise unrealistically high returns, (2) They're not registered with Australian Securities and Investments Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
KYC with Galidix (trading-area.galidix-v3.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Dedicated account manager|Responsive team
Cons: Some tools only available on higher tiers|Spreads widen during volatile periods
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Galidix (trading-area.galidix-v3.com) is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics