He doesn’t shout about Lamborghinis or sell courses promising a million dollars overnight. Instead, David Materazzi talks about systems, risk, and responsibility. As founder of Galileo FX, a trading software company he launched in 2020, Materazzi has built a reputation for blunt honesty in an industry flooded with hype.
With eight years at a Toronto investment fund trading $3.4 billion in U.S. equities daily, and exposure to more than 20,000 traders, he’s seen what works and what doesn’t. His conclusion? Trading is never easy — but with the right tools, it’s possible.
Q: A lot of trading software companies market dreams: money while you sleep, passive income without effort. Why do you position Galileo FX differently?
A: Because those dreams destroy people. They’re scams. I’ve seen too many hardworking people lose their savings chasing that fantasy. Galileo FX is not a magic robot. It’s a system — a tool you control. It scans the markets, executes trades, but you decide the risk level, the assets, the strategy. You are the captain. The software is the crew.
Q: Who is Galileo FX designed for?
A: Not full-time traders. Our clients are professionals with careers and families — doctors, lawyers, small business owners. They don’t have time to sit in front of charts for six hours. They want a system that works in the background, but they still want to set the direction. That’s exactly what we built.
Q: You started Galileo FX in 2020 — the middle of a pandemic and one of the most volatile years in markets. How did you survive when so many others disappeared?
A: Adaptability. The world has changed dramatically in the past five years — COVID, war in Ukraine, inflation, interest rates. Galileo FX kept working because people could adjust it. Conservative one month, aggressive the next — it’s flexible. And we invested heavily in real support. No AI chatbots. Real people, 24/7. That builds trust.
Q: You’ve seen tens of thousands of traders. What separates the winners from the losers?
A: Discipline and consistency. The successful ones stick to a system. The failures treat trading like a casino. They gamble, double down on bad ideas, and blow themselves up. Trading is not gambling. If you want to gamble, go to Las Vegas. At least you’ll get a drink.
Q: Critics sometimes say your videos sound harsh, even confrontational. Do you worry about that?
A: Not at all. I’d rather be blunt than dishonest. If someone is terrified of losing $100, they shouldn’t trade. If they want a lottery ticket, they shouldn’t trade. Galileo FX is for people who accept risk, want control, and are willing to think long-term. Everyone else? I tell them: walk your dog, enjoy your life. Nothing wrong with that.
Q: Final thought — what do you want readers to understand about Galileo FX?
A: That it’s real. It’s not glamorous, it’s not a fantasy, but it works. We believe in human potential. With the right system, people can achieve more than they imagine. Galileo FX is not going to replace you — it’s going to work with you.