Reported as a scam / unregulated
Why GalanTrade is on the register
GalanTrade claims it is owned and operated by Vigo and Co LLC and it is located in St. Vincent and the Grenadines. However, we did not find any match results to GalanTrade or Vigo and Co LLC in the St. Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, SVG FSA does not regulate forex trading, which means even having registration in SVG FSA is not enough for a broker to do forex trading. The truth is, GalanTrade is not regulated by any regulators. That means investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.