Is Galileo FX the Best Trading Bot?
David H. Burnett- posted on
- 50 Comments
Update: I want to inform everyone that I have received several inquiries regarding the profitability of Galileo FX. As of December 21, 2024, I’m pleased to report that the trading bot is still performing well and generating profits.
As a writer who has tested and used 52 trading bots in the last 4 years, I always keep an eye out for the latest and most effective tools in the world of trading. However, as a husband, father, and coffee lover with a busy schedule, it can be tough to find the time to dedicate to trading.
Galileo FX caught my attention because it offers three significant advantages for traders: high profitability, full automation, and user-friendly customization options.
Before committing, I did extensive research, reading reviews and testimonials from other users, as well as analyzing the company’s track record.
After careful consideration, I decided to give it a try and document my experience in detail.
In this blog post, I’ll share my daily journal from my first week using Galileo FX, along with the settings I used, currency pairs I traded, and other details about my journey to $30,000 per week.
Yes, Galileo FX is undeniably legitimate, bolstered by its impressive user base of over 8,000 and more than 3,000 positive reviews across Trustpilot, SiteJabber, and Reviews.io. Established in 2021, Galileo FX has rapidly ascended to a leading position in the automated trading sector, showcasing its effectiveness and reliability in enhancing trading strategies through automation. This widespread user endorsement, reflected in the multitude of positive reviews, underscores the platform’s legitimacy and efficacy. The positive feedback from a large and growing community of users highlights Galileo FX’s commitment to providing a high-quality trading solution that meets the needs of a diverse range of traders, from novices to the more experienced. The software’s robust features, customizable settings, and responsive customer service contribute to its standing as a premier choice in the automated trading arena, offering tangible evidence of its legitimacy and excellence in the field.
I first heard about Galileo FX from a former coworker who shared his positive experience with the trading robot.
Intrigued, I decided to do some research of my own and was pleased to discover that the algorithm used by Galileo FX has been consistently profitable throughout 2021 and 2022.
What’s even better is that it doesn’t rely on risky strategies like Martingale or Grid.
Galileo FX offers three different versions of its software: Personal, Plus, and Pro.
Each version has a distinct profit limit:
- Personal version: Max monthly profits of $1,000
- Plus version: Max monthly profits of $5,000
- Pro version: No limit on profits
Although Galileo FX can be on the pricey side, after weighing the potential benefits against my own needs and goals, I felt confident in my decision to invest in all three versions of the software.
Galileo FX ROI (Return on the Investment)
Let’s delve into the financial aspect of Galileo FX by analyzing the return on investment (ROI) for each version.
To better illustrate this, I’ve created a chart comparing the ROI of Galileo FX Personal, Plus, and Pro:
Keep in mind that these are my own results — but it should give you an idea.
Personal: reached $1000 profits in 35 days (11% Monthly ROI)
Plus: reached $1000 profits in 10 days (36% Monthly ROI)
Pro: reached $1000 profits in 3 days (84% Monthly ROI)
Galileo FX vs Other Trading Bots
All 3 versions of Galileo FX performed better than my other bots, with the Pro being the best.
Galileo FX Personal vs Plus vs Pro
If you’re considering investing in Galileo FX, I highly recommend the Plus or Pro version for their increased accuracy, speed, and profitability.
The Pro version is especially noteworthy for its impressive speed and profitability, which often don’t require manual intervention throughout the day.
While the Personal and Plus versions can also be effective, they require more frequent monitoring.
If you’re looking for a completely automated solution, the Pro version is the way to go.
The Pro version of Galileo FX is a profitable and efficient option that doesn’t require constant monitoring, unlike other versions.
On the other hand, while the Personal version is a cheaper option, it’s limited to $1,000 in profits per month and may not have the same level of accuracy and speed as the Plus or Pro versions, especially when running multiple currency pairs.
It’s recommended to consider the potential benefits and limitations of each version before making a decision.
Personal: 1 or 2 currency pairs at the same time
Plus: 2–4 currency pair at the same time
Pro: 4+ currency pairs at the same time
Based on my personal experience, I have found that the Pro version of Galileo FX has a higher potential for ROI compared to the Personal and Plus versions. However, it’s important to consider your individual trading goals and risk tolerance before choosing a specific version of the software.
PROS
- High ROI
- Easy to set up
- Excellent tech support
- Low requirements
- Minimal effort
- Easy to use
- Stable system
- High accuracy
- Capable and friendly support
- Good reputation
- No monthly fees
- No risky strategies
- Optional Installation Service
CONS
- Requires laptop, PC or VPS, but you can monitor the app from smartphone
Galileo FX MyFxBook
Here’s the MyFxBook. I have 3 licenses of Galileo FX (upgraded my Personal and Plus to Pro). This is the account that I use with one of the 3 Galileo FX Pro’s to auto/trade Gold on slow settings:
https://www.myfxbook.com/members/cb76/autotrade-gold/9346882
Installing Galileo FX
First, I want to say that Installation is quick and easy.
It took me around 2 minutes to install Galileo FX.
Installation has been simplified and isn’t as big of a problem as it used to be.
I am not a computer geek however this took no time to complete.
Galileo FX File contents
The zip file included everything that I needed to set up.
All I did was move the files and restart MetaTrader.
- Galileo FX file for MT4
- Galileo FX file for MT5
- 60 Presets
- Installation Guide
- Installation video
- License_Key file
Galileo FX Requirements
- Operating system: Windows 7, 8 and 10.
- Screen resolution: Minimum of 800 x 600.
- Internet: Connection speed of 1mbps or faster.
Galileo FX Suggested Minimum Investment
Personal: minimum $100
Plus: minimum $200
Pro: minimum $300
Galileo FX Suggested Brokers
This trading robot works with all brokers that support MetaTrader 4 and MT5.
MetaTrader is probably the most used trading platform in the world, used by millions of people. It’s a really good platform.
There are many scam brokers and horror stories. Before choosing a broker, make sure to pick a regulated broker that has offices in your country.
Here’s a list of good brokers:
- Oanda (also works in the U.S.)
- Forex.com (also works in the U.S.)
- Pepperstone
- XM
- FxPro
- BDSwiss
There are many other small brokers, which can be even better than those above.
I always suggest to search on Google: “best MT4 MT5 brokers in [your country]” and to look at reviews and check if they are regulated.
Galileo FX Suggested Settings
I started with these settings:
Pair: EUR/USD
Consecutive Bullish/Bearish signals: 8
Take Profit: 95
Stop Loss: 80
Timeframe: H1
Timeframe Explanation
By decreasing the Timeframe setting (for example M1, M5, M15 or M30) you will instruct Galileo FX to trade more frequently. And less frequently by increasing Timeframe (for example H1, H2, H4, H6 or D1).
M1 = One trade per minute
M5 = One trade every 5 minutes
M15 = One trade every 15 minutes
M30 = One trade every 30 minutes
H1 = One trade every 1 hour
D1 = One trade every 1 day
Consecutive Bullish/Bearish signals Explanation
This is the most important setting of Galileo FX. It instructs the software when it should buy or sell. If it’s set low (1–3), the bot will trade with higher risk and higher reward, if it’s set high (7–10), Galileo FX will make fewer trades.
High Risk: Consecutive Bullish/Bearish Signals = 1 to 3
Medium Risk: Consecutive Bullish/Bearish Signals = 3 to 6
Low Risk: Consecutive Bullish/Bearish Signals = 7 to 10
Galileo FX Review: Conclusion
I decided to try this as an alternative to buying another trading course. I was totally shocked at the profitability and over all return on the investment.
Also, I was surprised to realize Galileo FX provided a number of ready-to-use presets and settings free of any additional charges, plus premium presets.
I highly recommend this trading robot to any one considering automated robotic trading. One of my best investments.
Galileo FX Customer Service and Support
Galileo FX customer service support is available Monday to Friday and offered me a competent, personalized and friendly service.
On one occasion, when I had just switched broker, I couldn’t get Galileo FX to trade.
I sent their Support Team an email and one of the Customer Specialists offered to connect to my PC using TeamViewer to fix my issue remotely.
This was amazing. I just sat back and he fixed the problem. He was friendly and patient.
They offer Support Sessions to all customers at no extra cost. Just ask for a Support Session: they’ll send you a link to book your Support Appointment.
Overall, a 5-stars experience with their support staff.
Other Galileo FX Reviews
Since Galileo FX was listed on Trustpilot in 2020, out of more than 1,940 customer reviews over 91% have given Galileo FX a full five-star rating, the highest of any trading robot.
Trustpilot allows customers to leave honest, unbiased reviews and share experiences about companies they have purchased from recently.
Latest five-star comments praises Galileo FX for ‘excellent friendly and timely service,’ and ‘highly profitable bot from people who seem to have the customer’s interest as a priority.’
How to get a Discount Code for Galileo FX
On this page you can find the code “SPECIAL20” to save 20% off the full price. Add code on payment page.
There are other codes if you subscribe to their newsletter.
Have you tried Galileo FX? Share your Galileo FX Review & Opinion in the comments.
billy
is galileo fx works on mobile phones?
David H. Burnett
Yes, you can control it from iOS and Android.
Jim_LA
Hello David! I have purchased Galileo FX yesterday after reading your detailed review. I want to thank you for your settings. I’ve already made a good profit ($719 dollars). Just one question: how many charts should I use? If I add more charts, will I make more profits? Thank you!
David H. Burnett
Thank you Jim for your kind words! Yes, adding more charts is the easiest way to increase profits with Galileo FX. I currently use minimum 10 charts.
Janos
Good afternoon!
I want a robot like this!
Can I trade as an individual or do I have to belong to a brokerage firm?
Can I transfer the profit to a private bank account?
can I trade on cryptocurrencies?
Thank you in advance for your reply!
Regards Janos
David H. Burnett
Thanks for your comment, Janos. Yes, you can trade as an individual without any problem. And yes, of course you can transfer your profits to your bank, unless you want to reinvest profits. Yes, you can trade crypto and all other symbols including stocks, metals, currencies, indexes and commodities.
Mauricio
Hello David, big fan of yours, thank you for you info, i used another bots and really didn´t see the good side, i´m no economist, but understand a little bit, do you know if Galileo works on Apple IOS? Thank you!
David H. Burnett
Mauricio, thank you for your feedback. Yes, you can use Galileo FX on Apple iOS.
Ondrej
Can I install galileo to any broker with MT4?
David H. Burnett
Yes 🙂 And also any broker that supports MT5.
NIK FUAD NIK MAT NIK MAT
I want know about bot
David H. Burnett
If you have already gone through this article, the next step is https://galileofx.com
swedishtrader
David, I just want to thank you for this review. I was hesitant to buy another trading robot after being scammed too many times. I decided to go ahead and purchase Galileo FX Pro and it has changed my life. Last week, Galileo FX produced over $2700 in profits on my account. In just 7 days. Again, thank you.
David H. Burnett
Thank you for your comment. I am happy that my review was helpful.
John99
As someone who has traded manually for the last 6 months, I feel like an idiot. With Galileo fx, I’m making much more money, because I can trade 24/7 (including crypto on weekends), automatically, without watching the charts 8 hours a day like i was doing before… i was exhausted and this led me to my stupid emotional mistakes… Galileo FX is a robot so it doesn’t make emotional mistakes… I simply leave it on and it opens and closes trade automatically…. mostly in profits…
David H. Burnett
John, I appreciate your honesty. I’m glad to hear that my review of Galileo FX was useful to you.
parsifal_m
I purchased galileo fx personal yesterday and made $221 so far. will it stop trading after i reach $1000 in profits? thanks appreciate your response.
David H. Burnett
Yes, Personal and Plus are limited to $1,000 and $5,000 per month in NET profits. You need to upgrade to Pro for unlimited profits. I did upgrade and it was one of the best decisions.
Philip Main
From the moment I downloaded Galileo FX, I knew I could make money with this robot. The guide was transparent, assuring, and straight to the point. The trades are fully automated, high percentage of wins, and stable profits. Clearly one of the most profitable robots, which I appreciate very very much!
David H. Burnett
Thank you for your comment, Philip.
Cesar Pabingwit
impressive
Marco Cahuas
I found Galileo FX very interesting I will try it and send you my results
Lane Befus
Can I be sure someone will walk me though the set up process
David H. Burnett
Yes, if you don’t wan to go through the installation guide, they also offer a professional installation service done by their team. They send you a link to book your appointment, then they connect to your PC. Here is the link to the service (you need to buy Galileo FX first): https://galileofx.com/services
Lane Befus
I am concerned about investing in a company that is so far from me in Canada
David H. Burnett
We live in the globalization age, don’t stress too much about that 🙂 Also you deposit your money into a broker account in your country, so you can use a Canadian regulated broker if you live in Canada.
Dan
Is there a reason the myforex account has only a few months of trading history ?.
If it has such good performance why isn’t there a longer trading period ?
David H. Burnett
Just updated with my 2nd MyFxBook that has been running Galileo FX Pro for 1+ year 🙂
carlos nieto
I am interested
David H. Burnett
Check their site: galileofx.com 😉
heavenstrike
Anyone trade on m5 timeframe using Galileo Fx , what bullish/bearish signals are recommended to get consistent profits, recently just got the Plus version, still trying to finetune the settings.
David H. Burnett
Consecutive signals 8,9 or 10.
Oscar Padilla
Are you still using Galileo fx or was it a one time thing? Thx
David H. Burnett
Yes, still using it 🙂 And it rocks
Max
Works fine but it took me 3 days to start making consistent profits.
David H. Burnett
Yes, it can take a few days, always make sure that Consecutive Signals is set to minimum 8 and let it run for as many hours as possible
mindlyee
Good value. It does cost a little less to use cheap bots, but those can be hit or miss so may not end up saving you much money anyways. The official Galileo FX always work great – high quality and profitable.
David H. Burnett
Yes, it’s a bit more expensive, there are many cheap bots… some even free (!!!) but why buy a cheap bot that loses money? In my opinion, it’s better to buy Galileo FX which makes me money every day and every night 😉
rob
It works! I just got this forex bot the one before we had a lot of problems from the time I got it. So this one is a new one. Am happy that this bot is working good so am happy with that !
I hope it keeps working !
LJH
Not cheap.. Is there a discount
David Burnett
Yes, it’s a bit expensive… but you make the money back quickly. I spent $700 for the pro but it’s been a rational investment, because I quickly made my money back and even more…
Scott G.
Other than cost, Galileo FX has always a solid investment for me. Upgrading to Pro is no exception. Instructions were done well, received my download link quickly, and had no issues with getting it setup within my MT5.
David Burnett
Thanks for the comment and yes, the Pro version seems better.
rodrigo_dc
I have been using it for some time , please check my YouTube channels, where I load videos of my performance https://youtu.be/ERzyMHh56RY
David Burnett
Congratulations for the profits, please keep posting.
Mark6
😳😳 impressive results. congratulations
jeanet
Nice review, David. May I ask you, are you using Galileo FX Pro only to trade indexes? If so, why? Can I trade EUR/USD with Galileo FX Pro?
David H. Burnett
You can trade all assets offered by your broker, including crypto, forex, stocks cfds, indexes, metals and commodities… simply check with your broker 😉
Daniel S.
It’s a good bot, possibly one of the best around right now. I used it to make a fortune with USD/BTC.
jeanet
What presets are you using, if you don’t mind me asking? Jeanet