Galileo FX Review, MyFxBook + Settings (2021)

Galileo FX website screenshot (galileofx.com)

Today I’ll review Galileo FX, a new premium Forex autotrading software that analyzes the market in real time and trades automatically to make profits and limit losses.

I know automated trading is old but it is new to me, this is the first time that I have purchased an automated trading software so I wanted to make the best decision.

After hours of research, I decided to purchase Galileo FX Pro. I discovered that Galileo FX’s algorithm is the only system that analyzes over 22 technical indicators while keeping the execution time low (1.3ms, one of the lowest in the industry). This gave me the final push to purchase Galileo FX.

Galileo FX ROI (Return on the Investment)

Let’s start with the return on the investment (ROI) for each version. 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 Personal vs Plus vs Pro

I recommend the Plus or Pro version of Galileo FX, which has higher accuracy, speed, and profitability.

Galileo FX’s new Pro version is much faster than the low-price Personal, and its profitability is so good that you should almost never need to change settings during the day if you don’t want to.

I recommend Galileo FX Personal or Plus if you have time to monitor Galileo FX at least once a day.

Main screen of Galileo FX

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 don’t recommend the Personal version of Galileo FX, which starts at $249 and is 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.

PROS

  • High ROI
  • Easy to set up
  • Low requirements
  • Minimal effort
  • Easy to use
  • Stable system
  • High accuracy
  • Capable and skilled support
  • Good reputation
  • No monthly fees

CONS

  • Not cheap
  • Requires laptop, PC or VPS, but you can monitor from smartphone
  • Slowish support (1–3 days) (they are getting better lately)

Installing Galileo FX

Galileo FX Installation Video on YouTube

First, I want to say the set up 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.

The zip file included everything that I needed to set up.

All I did was move the files and restart MetaTrader.

Galileo FX File contents

  • (optional) MetaTrader 4 and MT5 installation files
  • 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 Settings

Very surprised with Galileo FX’s results.

Start 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. Likewise, 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 MyFxBook (Real Account, No demo)

Here is my MyFXBook test of Galileo FX Pro. I started with $1632 deposit.

Gain: +390.79%
Daily: +3.68%
Profit: $6377.74

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. I highly recommend this to any one considering this option. Best money ever spent!

Galileo FX Customer Service

Galileo FX customer service support is available around the clock 24/7. I have sent 2 emails, the first time it took them 18 hours to reply (a bit too much). The second time it took them 5 minutes. Overall, a good experience.

Promo Discount Code for Galileo FX

Code “SPECIAL20” to save 20% off the full price. Add code on payment page.

Have you tried Galileo FX? Share your Galileo FX Review & Opinion in the comments.