I almost bought Galileo Fx until I saw some posts about only able to trade currency pairs. Is this true? Ads and website say forex, crypto, stocks and more. I think I saw one or two screenshots of trading Indices other than pairs. I live in the US and will definitely buy this right now if I can trade more than pairs. Would someone please let me know their experience, what broker used for more than just pairs? I know Oanda and Forex are the brokers in US, but reading some of the reviews, it sounds like only currency pairs are the only thing you can trade.
What can you trade?
- Thread starter Gorml88
- Start date
You can try other brokers but the cons are they are not regulated brokers in US.
Oxsecurities and Plexytrade
Please know that as long as the broker allows certain assets to trade within their platform utilizing Metatrader, then you can trade those assets like stocks, crypto indices etc
Oxsecurities and Plexytrade
Please know that as long as the broker allows certain assets to trade within their platform utilizing Metatrader, then you can trade those assets like stocks, crypto indices etc
I don't have galileo yet. I was asking about trading stocks and Indices, other than currency pairs. I would trade currency pairs as well, but I would like to trade others. These are questions and concerns I had before purchasing. I would buy Galileo Fx now if I knew that this was possible. I just happened to see comments and reviews through research where people had issues, not able to trade.
bigtmckin1
New member
So in summary. Only currency can be traded in US? Seems like the crux of questions are not answered directly. \\
As Joeboy said twice, the answer is that you can trade anything with the bot as long as the Broker you choose allows you to trade it. As a US citizen, we are drastically limited by our own government with what we can do. Markets, brokers, and FIFO rules prevent a lot of people in the US from being able to really use the bot to the potential you see being advertised. For example, people all over the world are allowed to hedge and open multiple positions while we are not. That means that everywhere else, people using the bot can set it to play the market in both directions and follow trends up or down as they move while US citizens have to try to find the perfect settings to open 1 trade at a time and make that 1 trade a winner that followed the trend before it reversed. I do know that OxSecurities will open an account for US citizens and does have a few crypto trading charts like XRP and BTC, but I didn't look into it too much because funding the account with them was difficult (I wanted a starter account of only $100 to play around with, and it cost $75 to send a wire with my bank, so it seemed pointless for me). I have heard there are other brokers you can use, but that is a matter of you doing your own research and isn't going to be something you can find in the Galileo FX forum. I recommend trying Reddit. However, if it is a broker and they give you access to MT4 or MT5 (for example, Oonda only works on MT4 and not MT5), you can use the bot because the bot is tied to the MT platform, not the broker. The rest is research you will have to do on your own.
Fritzvanderlaar
New member
For a short time now, I trade stocks. No CFD's, no forex. Just stocks (Tesla, NVIDIA, .......). Required some study, because (in my view) Galileo FX is a forex trading robot.
My broker is Just2Trade. After long research it turned out OANDA-date was not equiped for stocks-robot-trading.
My broker is Just2Trade. After long research it turned out OANDA-date was not equiped for stocks-robot-trading.
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