#104 of 115 in the US ranking · Institutional

Galaxy (Global Markets) Review (October 2026): Fees, US States and Licenses

Best for: Institutional OTC and lending

4.2/10

US access 20%2.0
Regulation 20%5.0
Security record 15%7.0
Cost 15%5.0
Range 10%4.5
Popularity 15%1.0
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New YorkYes
Coins— Not verified
Custody— Not verified
App Store— Not verified

Our verdict

Galaxy is a Nasdaq-listed (GLXY) digital asset firm whose Global Markets unit provides spot and OTC execution, derivatives, structured products and secured lending to more than 1,700 institutional counterparties. It reports $8B of platform assets as of June 30, 2026, and a NYDFS virtual currency license granted in May 2026. Individuals are served through the separate GalaxyOne app.

Pros

Nasdaq-listed with audited financials
NYDFS virtual currency license granted May 2026
Spot, derivatives and lending from one counterparty

Cons

Global Markets desk is for institutions only
No public fees or minimum trade sizes

Galaxy (Global Markets) fees

Maker / taker: — Not verified
Simple buy: — Not verified
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: — Not verified
Minimum deposit: — Not verified

Is Galaxy (Global Markets) available in my state?

As of Oct 2026 Galaxy Global Markets offers spot, OTC, derivatives and lending to institutions (1.7K+ trading counterparties); a separate GalaxyOne app targets individuals.

The list of states this platform serves is not verified yet.

New York: Yes
ID check (KYC): — Not verified
Withdraw crypto: — Not verified
Funding: — Not verified

Is Galaxy (Global Markets) regulated?

NMLS 1988685
BitLicense
SEC / FINRA
Nasdaq: GLXY

US operator: — Not verified
Parent company: Galaxy Digital (Nasdaq: GLXY)
State licenses: — Not verified
New York license: BitLicense
SEC / FINRA: Galaxy Digital Partners LLC and Galaxy Securities, LLC are FINRA/SIPC members
Other: GalaxyOne Prime LLC (NMLS 1988685) provides money transmission; GalaxyOne Prime NY LLC listed by NYDFS with virtual currency and money transmitter licenses (2026-05). Site cites 50+ licenses and oversight by SEC, FINRA, NFA, CFTC and FCA.
Founded: — Not verified
Headquarters: — Not verified

How secure is Galaxy (Global Markets)?

Proof of reserves: — Not verified
Audits: Site states KPMG-audited and SOC compliant
Insurance: — Not verified

Incidents since 2019

None found in the sources checked.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Galaxy (Global Markets)

Spot
Lending
OTC desk

Spot and OTC execution, derivatives and structured products, secured lending (average loan book $1.4B in Q2 2026), investment banking, and GK8 custody technology.

Apps: —
Support: — Not verified

Galaxy (Global Markets) FAQ

Can New York residents use Galaxy?

Yes. Galaxy accepts New York residents.

Is Galaxy regulated in the US?

Registrations and licenses on record: NMLS 1988685, BitLicense, SEC / FINRA, Nasdaq: GLXY.

Alternatives to Galaxy (Global Markets)

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.