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Annie Charles

Galileo FX CEO Ignites Industry with Honest Trading Approach and Unveils Advanced Loss-Protection Measures

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AREZZO, ITALY – July 18, 2023 – No more smoke and mirrors, no more sugar-coating. As the financial trading industry feeds off a grand illusion of effortless profits, Davide Materazzi, CEO of Galileo FX, is taking a sledgehammer to this dishonest facade. In an industry-shaking move, Materazzi is not only acknowledging the reality of trading losses but also throwing the gauntlet down to competitors with Galileo FX's trailblazing five-tiered loss protection system.

"Trading isn't a fairy tale, and we've had enough of these profit unicorns. It's time to deal with the reality of losses and arm traders with the tools they need to navigate the stormy seas. We reject the fantasy of seamless profits and replace it with a no-B.S., realistic approach to trading," declares Materazzi.

Redefining the industry's risk management paradigm, Galileo FX's trading robot is fortified with a ground-breaking five-tiered loss protection system. The Stop Loss setting at its heart acts as a safety net for each trade, cutting losses at a predetermined point. The Max Orders setting empowers traders to throttle the number of trades the robot can open on any currency pair, providing a shield against overexposure.

In a further bid to minimize risk, Galileo FX employs Consecutive Signals settings, letting traders control the number of sequential signals required before the robot jumps into action. This is a scientifically backed method to decrease the likelihood of losses on each opened trade.

Moreover, through the Lot Size settings, Galileo FX embraces a preventative approach, keeping only a minimum amount of capital at risk per trade. By operating with smaller lots, the risk of large losses is significantly reined in.

Rounding off their comprehensive protection arsenal is an advanced Trailing Start & Step setting for seasoned traders. This dynamic stop-loss order shadow-boxes profitable positions and bows out when the market turns sour, providing an additional line of defence.

TradingSim attests that such an encompassing set of protective measures could slash trading losses by up to 40%. This stark deviation from industry norm - the willful ignorance of trading losses - establishes Galileo FX as a champion of honesty and customer-centricity in the trading arena.

Testament to the power of transparency and education in customer service, Galileo FX witnessed a remarkable 30% growth in its customer base in the first half of 2023, as reported by Forex Magnates.

About Galileo FX

Galileo FX is a pioneering automated forex trading software provider that advocates for transparency, realism, and innovative risk management. Their user-friendly software, compatible with MetaTrader 4 and MetaTrader 5 platforms, operates round the clock, adjusting to live market conditions and user-set parameters. Galileo FX is revolutionizing the trading experience with their five-tiered loss protection system, offering a robust, realistic, and responsible trading environment.

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