Galileo FX: Who Is Behind the Popular AI Trading Bot?
![Galileo FX: Who Is Behind the Popular AI Trading Bot?](/content/images/size/w1200/2025/01/David-Materazzi-CEO.jpeg)
With over 10,000 clients in more than 50 countries, Galileo FX has generated $5 million in annual revenue, achieved returns as high as +1,312%, and transformed the trading experience for countless users worldwide. Since its launch in 2021, this groundbreaking trading bot has gained attention from major outlets like Forbes, which featured it in their AI innovations section, marking the moment it went viral. David Materazzi, the mind behind Galileo FX, has since become a go-to expert for CNN, CNBC, Yahoo Finance, and Bloomberg, offering insights into trading and automation. With 15 years of experience in finance and technology, David has firmly cemented his reputation as a leader in the field. Today, we sit down with him to discuss Galileo FX, the criticisms of trading bots, and his vision for the future.
Interviewer:
David, let’s start with your background. Many in the industry know you as a sharp entrepreneur, but some might question your credibility as a trading expert. What makes you the right person to create something like Galileo FX?
David Materazzi:
I understand the skepticism; the trading world can be harsh. But I didn’t just stumble into this. I spent eight years at a leading Canadian investment fund, where we traded over $3.4 billion in U.S. equities daily. It was an intense environment—think 30 traders on a floor making hundreds of trades a day. It taught me how markets move and, more importantly, how automation was quietly transforming institutional trading.
When I started, I was a complete novice. I thought trading algorithms were "black magic." Over the years, I climbed the ranks to oversee sales and marketing for financial software used by thousands of traders worldwide. My role gave me a 360-degree view of trading: technology, psychology, and the sheer grind of it all. That’s the foundation Galileo FX is built on: real-world experience, not just theory. Frankly, most trading tools are junk. Built to entertain, not make profits. Galileo FX exists because traders deserve better.
Interviewer:
Fair enough, but many would argue that automated trading bots are gimmicks or, worse, scams. What makes Galileo FX different?
David:
I don’t blame people for being wary. Most trading bots over-promise and under-deliver. They market themselves as “get-rich-quick” tools, which is exactly what we’ve worked hard to avoid. Galileo FX is designed on principles, not hype.
For example, we don’t guarantee profits. What we guarantee is consistency and transparency. Users have full control over settings: stop-loss, take-profit, risk levels, and more. We didn’t just build another bot; we built the antidote to an industry drowning in scams and shortcuts. Our bot doesn’t rely on dangerous strategies like martingale. Everything is grounded in solid technical analysis, built for long-term stability, not quick wins.
We also verify performance on platforms like MyFxBook, and we’ve built a Performance Page where users can download strategies tested in real-world conditions. Unlike other bots, we don’t touch users’ funds. They remain with brokers of their choice.
Interviewer:
David, one of the most common criticisms about trading bot creators is this: if the bot is so great, why aren’t you using it yourself to make millions instead of selling it?
David Materazzi:
It’s a fair question, but let’s be clear: I don’t need to trade to prove anything. Galileo FX isn’t just a tool. It’s a revolution in how trading is done. The industry has been dominated by garbage tools, empty promises and hype-driven scams for far too long. Galileo FX wipes the floor with those wannabe solutions.
I didn’t create this bot for myself. Traders were struggling because they had to rely on garbage signals from random Telegram groups, bots that gambled their money like it was Las Vegas, and Lambo gurus selling their latest ChatGPT-generated course. Trading is not gambling.
I saw the opportunity and decided to build something real, something that works, something that wins.
Our users have paid off medical bills, funded vacations and changed their lives using our bot. That’s what matters to me. Not proving myself to skeptics, but giving traders the tools they need to win.
Look, Steve Jobs wasn’t a brilliant programmer, but he understood technology better than anyone because he saw the big picture. Similarly, I know how to assemble the right team, motivate them and refine every detail of our software until it’s exactly what users need. That’s what maks me happy.
I don’t need to sit here running trades all day to prove Galileo FX’s power. My role is bigger than that: Galileo FX is the product of years of work and its results speak louder than I ever could.
Galileo FX doesn’t cater to doubters or the status quo. It’s here to disrupt, to dominate and to define the future of trading automation. Period.
Interviewer:
That’s all well and good, but critics say trading bots are for lazy people or those who don’t want to learn the art of trading. How do you respond to that?
David:
I get that a lot. Especially from the so-called “chart warriors” who spend 12 hours a day staring at screens. I’ve been on trading floors; I know that grind. But here’s the truth: the market doesn’t reward how long you stare at charts. It rewards precision, discipline and strategy.
Automated trading is not gambling. If you want to treat trading like gambling, you might as well go to Las Vegas: at least you'll have fun while losing your money.
Automation isn’t about laziness; it’s about efficiency. Chart-staring is a relic of the past. The future is for those who adapt or step aside. Galileo FX doesn’t replace human traders. It makes them more profitable. The bot removes emotional bias, sticking to a strategy even when fear or greed would derail a human. It’s a tool, not a shortcut. And like any tool, it works best when used wisely.
Interviewer:
Let’s address the elephant in the room. Some traders lost money with other bots that made big promises but failed during volatile markets. Why should they trust Galileo FX to be different?
David:
That’s a fair question, and I’ve been on both sides of that. Early in my career, I worked with an automated software that looked great in stable markets but collapsed when volatility hit. It was a painful lesson. Clients lost money and I did too.
Galileo FX was built to avoid those pitfalls. We’ve tested it under all market conditions, including during the 2022 market crash when most bots failed. Galileo FX delivered a 92% success rate and executed 150 trades with precision. We thrived when others crumbled and that’s not luck: it’s engineering and grit. That’s because our algorithm is rooted in robust risk management and adaptive strategies, not just chasing trends.
We also make sure our users know the risks. Trading is never a guarantee. Anyone claiming otherwise is lying. But with Galileo FX, users have tools to control their risks intelligently.
Interviewer:
Still, some might say you’re just a marketer, not a trader. How do you justify your place in this industry?
David:
Let me be clear: I’m not here to pose as some trading guru. My strength has always been in identifying problems and building solutions. When I worked in Canada, I saw how institutions used algorithms to gain an edge. Meanwhile, retail traders were left with inferior tools or gimmicks.
Galileo FX bridges that gap. It’s not about me; it’s about empowering users. My team and I have poured everything into this: no external investors, no debt. We’ve rejected millions because no amount of money will buy our vision. Galileo FX stays ours. We’ve turned down multi-million-dollar buyout offers because we believe in what we’re building.
Interviewer:
You mentioned buyout offers. Why not sell and scale through a bigger company?
David:
Because we’re not chasing short-term gains. Owning 100% of Galileo FX gives us the freedom to focus on what matters: our users. Selling would mean compromising on our values, and that’s not who we are.
We’ve built this company by reinvesting profits, listening to our clients, and improving the product continuously. We’re in it for the long haul.
Interviewer:
Last question—what’s next for Galileo FX?
David:
The future is about accessibility. We’ve already simplified strategy selection with the Performance Page, and we’re expanding our library of pre-tested settings to over 300 strategies. Our focus is to make advanced trading tools available to everyone, not just institutions or financial nerds. We’re not just changing the game: we’re calling out the frauds and raising the bar for what traders should expect.
But more than that, it’s about building trust. We want people to feel confident that they’re using a product built with integrity and expertise. Galileo FX isn’t just a bot. It’s a partner for anyone ready to trade with discipline and clarity.
David Materazzi may be calm under pressure, but his passion for Galileo FX is evident in every word. Whether you’re a seasoned trader or just starting out, his vision for empowering traders with smart, data-driven tools is undeniably reshaping the industry.