Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
4/10 · ModerateUnregulated by design and open about it: a software vendor that holds no client funds, claims no licence, and is on no regulator warning list; the risk is the absence of any financial-regulatory recourse, not a fake or borrowed licence.
Identity & transparency
2/10 · LowFully identified real entity: Orion Software Development S.r.l., Arezzo, with VAT, a company registration and filed accounts; the entity and address appear on every page.
Withdrawals & conduct
4/10 · ModerateNo complaints of Galileo FX withholding client funds, because it holds none; complaints are trading losses in users' own accounts and refused software refunds, which are product and service issues.
Reputation
6/10 · HighClouded: Trustpilot withheld the rating for a guidelines breach and reviewers allege planted five-star reviews, against a real loss-and-refund complaint stream; no regulator warning exists.
Website claims
6/10 · HighAggressive backtested performance marketing (1,235%, a 72% win rate, a Forbes mention) sells the software, though prominent risk and earnings disclaimers and honest not-a-broker statements sit alongside it.
Operational history
2/10 · LowVerified history of about five to six years: company incorporated May 2020, domain December 2020, product launched 2021, consistent with the site's own dating.
Who they are
A quick desk file on the company behind the brand.
- Brand: Galileo FX
- Legal entity: Orion Software Development S.r.l.
- Registered: Via Della Fiorandola 18, 52100 Arezzo, Italy (VAT and tax ID 02372550513, REA AR-205531)
- Website: galileofx.com, which redirects to the store at store.galileofx.com
- Regulation: none, and none claimed. It is a software vendor, not a regulated financial firm, and holds no client funds.
- Offers: a licensed automated-trading robot for MetaTrader 4 and 5, sold from about 799 euros, with 600 or more prebuilt strategies.
- Not a broker: it takes no deposits, runs no trading book, and gives no investment advice. Trades run through the user's own third-party broker.
- Age: company incorporated May 2020, domain registered December 2020, product launched 2021. About five to six years old, consistent with the site's own 2020 to 2026 dating.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
No licence claims on record.
Why we reached this verdict
How the evidence adds up.
We class Galileo FX as not a broker. It sells software, not brokerage. Here is what settled it:
- It sells a software licence. galileofx.com redirects to an online store where you buy an Expert Advisor for MetaTrader. You pay a one-time fee for the tool, not a trading deposit.
- Your money never reaches Galileo FX. The site states plainly that your capital stays with your own broker. There is no deposit page, cashier or client-account system, and no in-house trading platform.
- The company is real and traceable. Orion Software Development S.r.l. is registered in Arezzo, Italy, with a VAT number, a company registration on the Italian business register, and filed accounts.
- It does not pretend to be regulated. It states it is a software vendor, not a financial firm, so the absence of a licence is expected rather than hidden.
- No regulator has flagged it. It does not appear on the FCA, CFTC, ASIC, CySEC or IOSCO warning lists.
- The broker scam cannot happen here. Because it never holds client money, there is no deposit to take and no withdrawal to block. The complaints we found are about the software losing money in users' own accounts, not about Galileo FX keeping anyone's funds.
Evidence ledger
Every finding, with its source and how strongly it points.
E1galileofx.com redirects to an online store selling a licensed Expert Advisor for MetaTrader 4 and 5; the site states funds stay with the user's own broker, confirming a software-vendor model rather than a brokerage.
E2Orion Software Development S.r.l. is a real registered Italian company: VAT and tax ID 02372550513, sede legale Via Della Fiorandola 18 Arezzo, ATECO 62.10.00 (software development), with multi-year revenue (about 230 thousand euros in 2020 rising to 5.2 million in 2024 and 4.0 million in 2025) per official InfoCamere data.
E3The domain galileofx.com was registered on 20 December 2020 through NameCheap, consistent with a company incorporated in May 2020 and a product launched in 2021; there is no age misrepresentation.
ModerateRDAP registry recordE4The company states it is a software technology vendor, not a regulated financial firm, and does not provide investment advice, brokerage services or portfolio management; it claims no licence at all.
ModerateGalileo FX site disclaimerE5Galileo FX and galileofx.com do not appear on the IOSCO, FCA, CFTC, ASIC or CySEC warning and alert lists as of the time of writing.
ModerateRegulator warning-list sweepE6Trustpilot shows the company rating as unavailable due to a breach of its review guidelines, a flag usually tied to review manipulation; the visible reviews are overwhelmingly five-star and frequently name support staff by first name.
ModerateTrustpilotE7Negative reviews describe trading losses using the software in the user's own broker account (for example one reviewer reporting about 5,000 euros lost over a year) and refused refunds on the software purchase, not Galileo FX withholding client trading funds.
ModerateTrustpilotE8The store prominently advertises backtested performance such as a 1,235% report and a 72% win rate alongside a contributor-written Forbes mention, tempered by risk and earnings disclaimers stating past performance is not indicative of future results.
ModerateGalileo FX official storeE9Galileo FX treats software sales as final and non-refundable once downloaded, and users report the company discourages chargebacks; this is a consumer refund concern about a software purchase, not a trading fund dispute.
E11The official community forum at forum.galileofx.com (built on XenForo, about 4,882 members) is tied to the galileofx.com brand and support email and hosts strategy, settings and support threads; there is no client-account or deposit portal.
E12Galileo FX trades under its own brand and its own Italian entity, with no sign of impersonating a regulated firm and no predecessor scam brand; it is not a clone.
ModerateIdentity and corporate checks
The other side
The strongest case in this broker’s favour.
Being not a broker is not a clean bill of health. Real concerns remain, and buyers should weigh them:
- Aggressive marketing. The site leads with backtested figures such as 1,235% and a 72% win rate, plus a contributor-written Forbes mention. These are hypothetical numbers shown with disclaimers, and real users report losses, including one reviewer who says he lost about 5,000 euros in a year.
- Review manipulation. Trustpilot has withheld the company rating for a breach of its guidelines, and independent reviewers describe batches of suspicious five-star reviews. Treat the glowing ratings with caution.
- No refunds. Sales are treated as final once the software is downloaded, and users report the company pushes back hard against chargebacks. Getting your money back is difficult.
- No safety net. Because it is unregulated software, there is no ombudsman and no compensation scheme if you lose money using it. All market risk is yours.
- Thin performance transparency. There is no independently audited, verified live track record for the advertised strategies.
What would change this
What we would need to see to revise the verdict.
This verdict would change if the facts changed:
- If Galileo FX started taking client deposits to trade on their behalf, or ran its own trading accounts, we would investigate it as a broker.
- A regulator warning naming galileofx.com would move this toward a scam finding.
- Credible, verified evidence that the software is a non-functional product sold in bad faith, rather than an underperforming tool, would push toward a fraud assessment.
- Evidence that Orion Software Development is dissolved, or that the named entity does not exist, would raise the corporate-reality risk sharply.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Orion Software Development S.r.l. on the Italian business register
The company behind Galileo FX: VAT 02372550513, Arezzo, incorporated 2020 (official InfoCamere data)
Galileo FX reviews on Trustpilot
Independent customer reviews; the star rating is currently withheld by Trustpilot
Official Galileo FX website
The software store, with its risk, earnings and licence disclaimers
Frequently asked questions
Quick answers about this broker’s safety.
Is Galileo FX a scam?
No. It is automated trading software sold by a real, registered Italian company, and there is no evidence it steals client money. The genuine risks are product risks: aggressive marketing, a strict no-refund policy, and the chance of losing money when you trade with it.
Is Galileo FX a fraud?
We found no evidence of fraud: no regulator warning, no enforcement action, and no court record naming the company for fraud. It is a real software product from a registered company. That said, its performance marketing is aggressive, so judge the advertised returns with heavy skepticism.
Is Galileo FX a broker?
No. It does not take deposits, hold client funds, or execute trades on its own account. It is a software tool (an Expert Advisor) that runs on MetaTrader 4 or 5 and trades through your own broker.
Is Galileo FX regulated?
No, and it does not claim to be. Because it is software and never touches client money, it is not licensed by the FCA, CFTC, ASIC, CySEC or any financial regulator. That also means there is no financial-regulatory protection if you lose money using it.
Can Galileo FX steal my money or block my withdrawals?
It cannot hold your trading funds, so the classic deposit-taken then withdrawal-blocked scam does not apply. Your money stays in your own broker account. What you pay Galileo FX is the software fee, which is non-refundable.
Who owns Galileo FX?
It is sold and licensed by Orion Software Development S.r.l., a limited company registered in Arezzo, Italy (VAT 02372550513), incorporated in 2020.
How old is Galileo FX?
The company was incorporated in May 2020, the domain was registered in December 2020, and the product launched in 2021. So it has been operating for about five to six years.
Does Galileo FX really make the returns it advertises?
The headline figures such as 1,235% are backtested or hypothetical, and the site itself states past performance is not indicative of future results. Real users report a wide range of outcomes, including significant losses. Do not expect the advertised numbers.
Can I get a refund from Galileo FX?
Refunds are difficult. The company treats sales as final once the software is downloaded, relying on the EU digital-goods withdrawal waiver, and users report it resists chargebacks. Assume the purchase is non-refundable.
Why is the Trustpilot rating missing?
Trustpilot has withheld Galileo FX's star rating because of a breach of its review guidelines, which usually points to review manipulation. Read the detailed reviews rather than trusting the overall star count.
Is Galileo FX safe to use?
Your capital stays with your own regulated broker, which is the safest part. The software itself carries high market risk, and there is no regulator or compensation scheme to fall back on, so only use money you can afford to lose and test on a demo first.
What should I check before buying Galileo FX?
Confirm your own broker is properly regulated, test the software on a demo account, treat the performance claims as marketing, and understand the no-refund policy before you pay. Never let anyone remotely access your trading account to set it up for you.
What we recommend
The practical takeaway from everything above.
For the platform and for readers:
- Reclassify this entry. It is a software vendor, not a broker, and should not sit in the broker list as an unregulated broker.
- For users: treat Galileo FX as a high-risk software purchase. Only spend money you can afford to lose, test on a demo account first, and do not expect the advertised returns.
- Keep your funds with a properly regulated broker of your own choosing, and never let the software or its staff move your money for you.
- Ignore the star ratings until Trustpilot restores them, and read the detailed reviews instead.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 8, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.