Hi Davie,
It’s great that you have already created a demo account and added funds in demo mode. That is the right first step when starting with trading. The broker provides the trading account and the platform (usually MetaTrader), which is where the market prices and charts are shown. Galileo FX works as an automated trading tool that runs inside the trading platform. Once installed on MetaTrader and attached to a chart, it can analyze the market and automatically open and manage trades based on the settings you choose. In simple terms, the broker provides the trading environment, MetaTrader is the platform where you see and manage trades, and Galileo FX is the software that automates the trading strategy.
Since you are currently using a demo account, it’s a good opportunity to test how everything works and see how the bot behaves without risking real money. Many users start this way so they can understand the process before moving to a live account.
