Galaxy Brokers at www.galaxybrokers.com

Just a word of caution.

From their FAQ

Galaxy Brokers Ltd is licensed and regulated by CISI The Hong Kong Securities and Exchange Commission
Galaxy is a member of the Investors' Compensation Fund, a fund established by the authorities offering protection to investors and clients of investment and credit firms in Hong Kong.

From an email I have received

Thank you for your enquiry.

According to our record, Galaxy Brokers Ltd has never been licensed by the Commission.

The Investor Compensation Fund, administered by the Investor Compensation Company Limited, is a single fund that covers defaults of licensed intermediaries and authorized financial institutions which are licensed or registered for dealing in securities or futures contracts or providing securities margin financing. As Galaxy Brokers Ltd is not a licensed intermediary, it follows that any of its defaults would not be covered by the fund.

You may also refer to the link below for the public register of licensed person and registered institutions:
http://www.sfc.hk/publicregWeb/searchByName

Please note that the above information is provided to give you an idea of the current thinking of the Commission staff. You should seek independent legal or other professional advice before taking action on the matters discussed or if you have any doubt about how the law applies to you.

Should you have any questions, please feel free to contact us again.

Thanks & Regards,
Licensing Department
Securities and Futures Commission
35/F, Cheung Kong Center
2 Queen’s Road Central
Hong Kong
Tel : (852) 2231 1222 | Fax: (852) 2501 0375

And, following the link provided above, I find

Sorry, there is no name matched with "Galaxy Brokers Ltd" in the Register.

Of course, even if it were covered by the HongKong compensation Fund, which apparently it isn't, then it would only apply to HongKong investors anyway.

About us
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You won't be surprised to hear that Latin isn't the language used by residents of HongKong.

Agent's Area to allow our Introducing Brokers manage there commission's and monitor there client's account's

Car crash grammar and spelling.

Galaxy Brokers caters to a wide range of traders from around the world, placing equal importance on first time traders as we do on experienced professionals. We firmly believe in the value of building a relationship with each and every client, in order to better understand their needs. Galaxy Brokers has made every effort to ensure that all account activities not directly related to trading, such as deposits and withdrawals, are carried out with the greatest of ease and transparency, allowing you to get on with the task in hand: trading successfully!

Appears to have been borrowed from Forexyard here: http://www.forexyard.com/en/why-choose-us

http://www.galaxybrokers.com/index.php?option=com_content&view=article&id=209&Itemid=145&lang=en

I can't think of a reason why they'd mention this in view of the alarming consequences.

We would like to inform you opened the account of the company in the Arab Republic of Egypt

Under account number 111348474001 at Alexa Bank \ Egypt http://www.alexbank.com/

http://www.jinsa.org/fellowship-program/david-p-goldman/egypt-verge-bankruptcy#.UhTv86V6ufQ

Egypt "On the Verge of Bankruptcy"

Egypt is effectively out of cash. With foreign exchange reserves at a “critical minimum,” Egypt’s central bank imposed exchange controls and let the Egyptian pound exchange rate fall by about 5 percent from the level prevailing through most of 2012. The central bank will ration foreign exchange by holding auctions at which a limited amount of hard currency is offered, and restrict corporate cash withdrawals to $30,000 per day as well as limiting the amount of cash an individual may transfer out of the country to $10,000.

Things have got worse since that report.