Galileo FX

Revision as of 18:35, 25 December 2024 by mh:wikigenius>Tivad
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)


Galileo FX is an automated trading software developed by Orion Software Development Srl, an Italian company headquartered in Arezzo, Italy.[1][2][3]

History

Launched in 2021, Galileo FX is used to execute trades on financial trading platforms such as MetaTrader 4 and MetaTrader 5.[4][5][6]

It allows users to automate trading strategies based on technical analysis and user-defined parameters, and is used by both, beginners and experienced traders.. It supports different assets, including forex, commodities, indices, and cryptocurrencies.[7][8][9]

The main functionality of Galileo FX is to execute trades automatically based on pre-configured settings.[10] Users can adjust parameters such as stop-loss limits, take-profit levels, trading frequency, and risk tolerance to customize their trading strategies. The software also includes a five-tier loss protection system, incorporating features like trailing stops, maximum order limits, and signal filters to handle potential losses in unpredictable market conditions.[11][12][13][14][15]

References

  1. "Galileo FX - Crunchbase Company Profile & Funding" (in en). https://www.crunchbase.com/organization/galileo-fx. 
  2. "Why This Billionaire Is Dumping Money Into AI Stocks — Should You, Too?". https://www.msn.com/en-us/money/savingandinvesting/why-this-billionaire-is-dumping-money-into-ai-stocks-should-you-too/ar-AA1vUzzc. 
  3. Staff, A. O. L. (2024-12-15). "Why This Billionaire Is Dumping Money Into AI Stocks — Should You, Too?" (in en-US). https://www.aol.com/why-billionaire-dumping-money-ai-220021514.html. 
  4. "About Galileo FX" (in en). https://store.galileofx.com/pages/about-us. 
  5. FX, Galileo (2024-08-20). "Over 50% of U.S. Traders Risk It All for Quick Profits, Galileo FX Survey Shows" (in en). https://www.globenewswire.com/news-release/2024/08/20/2933045/0/en/Over-50-of-U-S-Traders-Risk-It-All-for-Quick-Profits-Galileo-FX-Survey-Shows.html. 
  6. https://finance.yahoo.com/news/galileo-fx-ceo-declares-war-154141376.html
  7. https://finance.yahoo.com/news/galileo-fx-sets-standard-automated-114500396.html
  8. "Galileo FX Pricing, Alternatives & More 2024 | Capterra" (in en). https://www.capterra.com/p/10022704/Galileo-FX/. 
  9. "Galileo FX Dominates the Automated Trading Industry with a 90% Positive Tech Support Rating" (in en-US). 2023-03-06. https://fox2now.com/business/press-releases/ein-presswire/620483866/galileo-fx-dom%5B%E2%80%A6%5Domated-trading-industry-with-a-90-positive-tech-support-rating/. 
  10. "Are algos like Galileo FX replacing old school traders?" (in en). 2024-07-12. https://www.fxstreet.com/education/are-algos-like-galileo-fx-replacing-old-school-traders-202407121027. 
  11. "Galileo FX (galileofx.com) is rated "Excellent" with 4.6 / 5 on Trustpilot" (in en-US). 2024-12-15. https://www.trustpilot.com/review/galileofx.com. 
  12. https://medium.com/@JeannePFrahm/galileo-fx-trading-robot-a-financial-journalists-journey-from-skepticism-to-success-3fe703c12512
  13. "Galileo FX: A Complete Review of the Forex Trading Tool – Umuhuza News" (in en-US). 2024-10-27. https://umuhuzanews.com/2024/10/27/galileo-fx-a-complete-review-of-the-forex-trading-tool/. 
  14. "Galileo FX" (in en). https://sourceforge.net/software/product/Galileo-FX/. 
  15. "Everyday Traders Report Significant Gains Using Galileo FX" (in en). https://northeast.newschannelnebraska.com/story/50921741/everyday-traders-report-significant-gains-using-galileo-fx.