CFFEXChinaTier 1Licence number
0109
View licence record- Licence holder
- Held by Galaxy Futures
- Licence type and regime
- Dealing in futures contracts
Not checkedUpdated
At a glance
Regulation on record for Galaxy Futures
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
Galaxy Futures has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Galaxy Futures, strongest authority first.
1 record
- CFFEXChinaTier 1
Protection
What this licence protects
CFFEX's own rules for the firms it authorises.
- Compensation schemeDeposit insurance covers up to CNY 500,000 per depositor
- Complaints routeExchange rules
- Maximum leverage1:7
Frequently Asked Questions
Questions about the licences held by Galaxy Futures
Answered from the register entries on this page.
Most Popular Questions
Galaxy Futures operates under Chinese jurisdiction and complies with local laws and typical sanctions. Specific prohibited countries are not detailed, but trading is primarily limited to China.
Yes, Galaxy Futures offers customer support in English through live chat available during business hours. Support can also be reached via email at yinheqihuo@chinastock.com.cn.
Withdrawals can be made via bank transfer in multiple currencies including HKD, USD, and RMB. Processing typically takes 1 to 7 business days. If a bank-issued withdrawal proof is required, a fee of HKD 100 applies. Other withdrawal fees depend on the bank and cross-border transfer conditions.
According to WIKILIX data, Galaxy Futures offers a maximum leverage of 1000. This is significantly high compared to typical leverage levels in regulated futures trading.
Galaxy Futures supports deposits via bank transfers including counter, ATM, online banking, and the Fast Payment System (FPS). FPS deposits are instant, but third-party checks are not accepted. Overseas wire transfers are also supported, with processing times of up to 7 business days.
Galaxy Futures is regulated by the China Financial Futures Exchange (CFFEX), a government-regulated onshore body in China. The broker holds a license for dealing in futures contracts and offers deposit insurance coverage up to CNY 500,000 per depositor.
Galaxy Futures has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Galaxy Futures holds licence records issued by CFFEX. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Galaxy Futures comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by Galaxy Futures has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Galaxy Futures has licence records in China. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.