Is this the Best Trading Bot?
UPDATE: I receive emails, messages and comments asking if this bot is still profitable. As of today, November 26, 2022, the bot is still making profits.
Robotic trading is everywhere. Over 90% of all trades are automated. If you are still trading manually, you are at disadvantage.
Over the last few years, I have tried more than 50 trading bots I’ve reviewed 23.
Today I’ll review Galileo FX, a premium automated trading software for auto-trading gold, Forex, crypto, stocks, indexes and more. This trading robot analyzes market data in real time and trades automatically to make profits and limit losses.
I discovered that Galileo FX’s algorithm is the most profitable in 2021 and 2022. Galileo FX DOES NOT use risky strategies like Martingale or Grid. After hours of research online, this gave me the final push to purchase Galileo FX.
With Galileo FX’s versions typically being expensive, cost is one of the main things to consider when buying.
Look not just as what you can afford but at what you’ll get by choosing to a more powerful version – you might get more profits for example, but is that something you need? The answer will be different for everyone.
Galileo FX comes in 3 versions: Personal, Plus and Pro.
Personal: limited to $1,000 profits per month.
Plus: limited to $5,000 profits per month.
I have 3 accounts, so I decided to buy all 3 versions.
Galileo FX ROI (Return on the Investment)
Let’s start with the return on the investment (ROI) for each version. Here is my chart:
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
I recommend the Plus or Pro version of Galileo FX. Higher accuracy, speed, and profitability.
Galileo FX’s new Pro version is much faster than the low-price Personal.
Its profitability is so good that you should not need to change settings during the day – if you don’t want to.
I only recommend Galileo FX Personal or Plus if you have time to monitor Galileo FX hourly.
If you are looking for a completely automated solution, go with Galileo FX Pro.
And unlike other Galileo FX versions, the Pro version doesn’t require constant monitoring, which keeps it very profitable even when you’re not watching it or monitoring it.
I personally don’t recommend the Personal version of Galileo FX. Yes, it’s cheap but limited to only $1,000 in profits per month.
In my opinion, Galileo FX Personal’s accuracy isn’t as good, and it’s not as fast (at least, when you’re running multiple currency pairs) as Galileo FX Plus or Pro.
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
And in the long run, I think the Pro version is likely to give you a much higher ROI without any limitation.
- 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
- 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:
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.)
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:
Consecutive Bullish/Bearish signals: 8
Take Profit: 95
Stop Loss: 80
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.