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Sagot

Based on my experience as a trader working with regulated brokers like Galaxy Futures, I have learned that strict document verification is the norm, especially when it comes to initial withdrawals. While the publicly available information about Galaxy Futures does not explicitly list required documents, understanding their regulatory context and typical industry practices under the China Financial Futures Exchange (CFFEX) allows me to make some conservative, experience-based assumptions. In my past dealings with similar Chinese futures brokers, I have always been asked to provide verified identification—usually a government-issued ID such as a passport or national ID card—along with proof of bank account ownership that matches my trading account details. It is also common to need proof of address (like a utility bill or bank statement), dated within the last few months, and occasionally, supporting documentation for the source of funds, especially for larger withdrawals or for accounts where deposits originated from varying sources. For me, the process is often less flexible than with some offshore or less regulated brokers. These steps are part of strict local anti-money laundering and customer protection regulations, and while it can feel tedious, I recognize that this layer of due diligence is a key factor for my funds’ security. Given that Galaxy Futures relies on bank transfers for deposits and withdrawals, having all bank-related documentation readily available is especially important. In summary, to avoid complications and delays, I always prepare to submit clear scans of my government ID, proof of address, and my bank account details before requesting an initial withdrawal, understanding that each broker’s compliance team ultimately confirms exact requirements.