WikiFX

Sagot

Galileo FX review highlights the fact that the platform is available for a one-time payment of €399, which covers the lifetime license for the software. In my view, this is a pretty straightforward cost for an automated trading tool. The upfront payment might seem high for some, but I think it’s reasonable when considering the potential benefits of fully automated trading. One thing I particularly like about the Galileo FX trading system is that, after paying the license fee, there are no ongoing subscription or commission fees. This setup suits me well because it’s predictable; I know what I’m paying for upfront, which helps me budget and plan. However, one downside is that this fee does not cover any potential charges from the broker I choose to work with. Brokers typically charge spreads and commissions, which means I need to be mindful of these additional costs. Even though the Galileo FX review does not mention additional fees, the reality is that I must also consider broker fees when using the software. I believe that transparency about all potential costs is important, and although Galileo FX itself does not charge additional fees beyond the license, my broker might charge me for trades executed via this tool.