FXGlory Review, fxglory regulation.

Fxglory regulation


In this fxglory review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs.

Huge forex bonuses


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.

This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation. Pepperstone


Fxglory review



Fxglory is an online brokerage firm that offers forex and cfds trading via the metatrader 4 platform, offering fixed spread accounts and multiple payment options. The brand was founded in 2011 with its head office in the united arab emirates (UAE) but also has offices in st. Vincent and the grenadines, malaysia, cyprus, switzerland, and the UK.


FxGlory Review - Broker Features


Fxglory review – broker features


The broker provides some useful trading tools and offers high leverage, no commissions, and fast executions. However, they use markup spreads and are not well regulated.


Fxglory review introduction


In this fxglory review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.


You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including fxglory.


Fxglory platforms & tools


FxGlory Review - MT4 Trading Platform


Fxglory review – MT4 trading platform

The broker provides their traders with the metatrader 4 platform for their online forex and CFD trading. The MT4 is a complete trading platform that is simple enough for new traders yet has enough advanced functionality for professionals and expert traders. It has analytical and trading tools needed to analyze and trade the financial markets.


FxGlory Review - MT4 Mobile Apps


Fxglory review – MT4 mobile apps


The fxglory MT4 platform is available as a desktop application for windows computers, a webtrader that runs directly on most modern web browsers and mobile trading apps for android and ios devices. The broker also provides additional trading tools, such as the VPS, margin calculator, forex news, and more.


FxGlory Review - Margin Calculator


Fxglory review – margin calculator


Fxglory research & education


The broker’s website has the fxglory knowledge-base, which consists of articles & ebooks available in 6 languages that teach newbies how to trade. It also has the frequently asked questions (faqs) section and a glossary of over 180 trading terms and their meanings.


FxGlory Review - Forex News


Fxglory review – forex news


Fxglory trading accounts


The broker provides traders with a selection of the following account types:



  • Standard account: a minimum deposit of $1 and maximum leverage of 1:3000

  • Premium account: the minimum deposit is $1000, maximum leverage is 1:2000, and minimum lot size is 0.10

  • VIP account: the minimum deposit is $5000, while the maximum leverage is 1:300

  • CIP account: the minimum deposit is $ 50,000, and the leverage is limited to 1:50



For all accounts, only fixed spreads are available; no commissions are charged. Hence, the spreads are marked up.


Fxglory account funding


The following payment options are available: credit/debit cards, bank wire transfer, cryptocurrency, and online payment processors, such as paypal, neteller, skrill, OKPAY, webmoney, sticpay, and perfect money. Please note that the transaction limits, fees, and processing time vary, depending on the payment method used, and in compliance with the AMLC directives, the broker does not accept cash deposits.


Fxglory customer service


The brokerage provides their traders with a customer support team that can be reached via email, phone, and instant web chat. There is also a form on the support page of the broker’s website. You can also reach them via facebook, pinterest, twitter, youtube, and others.


Fxglory regulation


Fxglory is registered in saint vincent and the grenadines with the registration number: 23463. There is no regulatory information on the broker’s website.


Fxglory review summary


Fxglory is an offshore broker that offers online trading on the MT4 platform. They welcome all traders with any type of trading strategy including hedging and automated trading. Daily technical analysis is also provided by their in-house experts.


It is worth mentioning that some of the trading products and services in this fxglory review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the fxglory broker website which you can visit by using the link below.


Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.


Fxglory


Spreads


Liquidity


Commissions


Support


Regulation


Features



  • A good selection of educational resources

  • MT4 trading platform

  • Some useful trading tools

  • Multiple account funding options

  • A minimum deposit of $1


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All information on the forex geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the forex geek and any authorized distributors of this information harmless in any and all ways. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.



Fxglory review


Fxglory is an offshore broker offering online forex and CFD trading. They provide the MT4 platform with fixed spread accounts and multiple payment options. However, this broker is unregulated with a very limited amount of trading instruments. It is advised to take extra caution if you are considering fxglory especially when there are so many other regulated brokers to choose from.


Fxglory review, pros & cons


  • Swap free accounts

  • Fixed spread accounts

  • A deposit of $1 is required to start live trading

  • Multiple account funding options

  • 24/7 client support desk



  • Unregulated

  • Limited trading instruments

  • Limited trading platforms

  • No ECN execution model

  • No variable spread accounts


In this detailed fxglory review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.


Fxglory is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including fxglory.


Fxglory review: summary


Founded in 2011 with a mission to provide online forex trading to clients across the globe, fxglory is an online brokerage firm that offer forex and cfds for trading on the MT4 platform. Its head office is in united arab emirates (UAE) but it has offices in st. Vincent and the grenadines and malaysia. The broker also has support offices in UK, switzerland and cyprus.


Fxglory offers high leverage, no commissions and swift executions on the popular MT4 trading platform. Most of the management team members are professional traders who understand what a trader needs. Hence, the mission of the company is to satisfy the needs of all clients and partners. However, it should be noted that they do apply a mark up to the spread and trading on high leverage can be very dangerous.


FXGlory Review: Broker Features


Fxglory review: broker features


Fxglory offers both instant and market executions on multiple trading instruments. They accept multiple payment options and offer some trading tools useful to the average retail trader.


Fxglory review: regulation


Fxglory is registered in st. Vincent and the grenadines with the reg. No: 23463. The broker provides no regulatory information on its website. The broker states that it was established in the department of economic development of the U.A.E.


Fxglory states that all clients’ funds are maintained in separate bank accounts which are completely different from its own funds. The company states that they do not use client funds for its own operations. Without regulation this cannot be verified.


The trading environments as well as the broker website are encrypted using a 256-bit secured socket layer (SSL) technology. This technology ensures that all user data are encoded before it is transmitted to the servers via the internet. The reason is to ensure a digitally safe transaction environment for all clients.


Fxglory asserts that it is committed to the anti-money laundering committee (AMLC) instructions in order to assist governments to prevent money laundering and terrorism financing. So, the broker has implemented the policies stipulated by the AMLC. One of the rules is customer verification through ‘know your customer’ (KYC) procedures. Fxglory verifies the identity of all clients through ‘proof of identity’ and ‘proof of address.’ before a withdrawal request is approved, the client must have completed KYC verifications by uploading a valid government issued ID card and a utility bill.


Fxglory regulation is not the greatest and you should do your own due diligence on all brokers and proceed with caution when the regulation if not established. There are many other online brokers to choose from with a better reputation and stronger regulations in place to protect traders and the funds that they invest to trade through an online broker.


Fxglory review: countries


Fxglory provides no information on restricted regions or countries. Some fxglory broker features and products mentioned within this fxglory review may not be available to traders from specific countries due to legal restrictions.


If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.


Fxglory review: trading platforms


Metatrader 4 (MT4) desktop trading platform


MT4 is one of the most widely used trading platforms in the world of online forex and CFD trading. It is a complete trading platform that is simple enough for new traders, yet, has enough advanced functionality for professionals and expert traders. It is replete with analytical and trading tools needed to analyse and trade the financial markets. It also has the tools needed to create and use automated programs that scan the markets, then enter and exit positions based on preconfigured parameters – known as expert advisors (eas). The fxglory MT4 desktop software is downloadable on a windows computer/laptop.


Here are some of the MT4 platforms primary features:



  • Customisable windows, charts, layouts, quotes and strategy templates.

  • Secured and reliable platform protected by a 128-bit SSL encryption.

  • Supports the deployment of expert advisors (eas) which automate trading activities.

  • Advanced charting using 9 timeframes, technical indicators and drawing tools.

  • Available in over 35 languages.

  • Multiple order types including market orders, 4 pending order types, risk management using stop loss, take profit, etc.



FXGlory Review: MT4 Trading Platform


Fxglory review: MT4 trading platform


MT4 webtrader


Fxglory also provides the webtrader version of MT4. This runs on most modern web browsers and can be accessed directly from the website. The webtrader MT4 accounts integrate with the desktop and mobile versions of the platform. No downloads or installations are required and it runs on all devices and on all operating systems. The webtrader platform maintains most of the same features as the desktop version of the MT4.


MT4 mobile trading platform


Fxglory provides the mobile version of the MT4 to all its clients who own smart phones. This version is available as mobile apps developed for android and ios devices. The apps are freely available for download on the fxglory website and on the relevant app stores.


Here are some features of the MT4 mobile apps:



  • Live quotes of all trading instruments which can be customised to show only your favourite assets.

  • Supports all order types including pending orders, stop loss, take profit, etc.

  • Real-time zooming, scrolling and analyses of charts on up to 9 timeframes.

  • 30 inbuilt technical indicators and over 20 analytical tools.

  • Simple and intuitive app interface with customisable charts, layouts, colours, and price alerts, etc.



FXGlory Review: MT4 Mobile Apps


Fxglory review: MT4 mobile apps


Fxglory review: trading tools


Virtual private server (VPS)


A VPS is normally required by traders who need stable, high quality and reliable internet connection to the trading servers. It is often demanded by advanced traders who use complex trading systems, expert advisors (eas), etc. A VPS can run trading platform 24/7 remotely without the user needing their own computer switched on. The fxglory VPS is provided at no cost to traders with a minimum balance of $1,000. The VIP VPS service has better hardware configuration and it is only for clients with an account balance of $5,000 and above.


Margin calculator


This calculator is used to calculate the amount required to open a position when the user has selected an asset, leverage and lot size.


FXGlory Review: Margin Calculator


Fxglory review: margin calculator


Forex news


This section of the website gives a frequently updated economic news and market analysis on some selected assets, primarily forex currency pairs.


FXGlory Review: Forex News


Fxglory review: forex news


Fxglory review: education


There are a few articles written for beginner traders. The articles are aimed at introducing forex trading to a novice. The fxglory knowledge base is available in 6 languages; english, russian, italian, german, arabic and greek. It consists of articles and ebooks that teach newbies how to trade. It also contains forex market ‘frequently asked questions’ (faqs) and their answers. The knowledgebase also has a glossary of over 180 trading terminologies and their meanings.


Fxglory review: trading instruments


Fxglory offers about 34 currency pairs which are made up of the major, minor and exotic pairs. The other tradable instruments are: 2 futures and metal assets. This is a very limited asset range compared to most other online brokers. Even for a dedicated forex broker, the fx pairs are limited.


Fxglory review: trading accounts & fees


For all accounts, only fixed spreads are available. The trading fees are incorporated into the spread. No commissions are charged but the spreads will be marked up and thus higher than most other brokers.



  • Standard account: the fixed spread starts from 2 pips while a minimum deposit of $1 is required to open this account. The maximum leverage is 1:3000.

  • Premium account: A deposit of $1,000 is needed to open this account. The maximum leverage is 1:2000 and the minimum lot size is 0.10.

  • VIP account: $5,000 is required to activate a VIP account. The maximum leverage is 1:300 and the fixed spreads start from 0.7 pips. The leverage is capped at 1:300 and premium VPS is available to account holders.

  • CIP account: the minimum deposit required is $50,000 and the spreads start from 0.1 pips. The leverage is limited to 1:50.



FXGlory Review: Broker Account Types


Fxglory review: broker account types


As broker fees can vary and change, there may be additional fees that are not listed in this fxglory review. It is imperative to ensure that you check and understand all of the latest information before you open a fxglory broker account for online trading.


Fxglory review: customer service


Fxglory customer support team operates from 6 locations; dubai, SVG, malaysia, cyprus, UK and switzerland. Each of these support centres has their own contact email addresses and phone numbers. The support team can also be reached through instant web chat and a form on the ‘support page’ of the website. On social media, fxglory is on facebook, twitter, linkedin, reddit, vimeo, youtube, flickr, pinterest and digg.


Fxglory review: deposit & withdrawal


In compliance with the AMLC directives, fxglory do not accept cash deposits. All clients’ money transactions are properly documented. The following payment options are accepted:



  • Credit/debit cards: visa, mastercard and american express cards are accepted for payments and withdrawals. The minimum deposit is $50 while the minimum withdrawal is $10. The withdrawal fee is 5%.

  • Bank wire transfer: the minimum deposit and withdrawal is $500. There are no deposit fees but a withdrawal fee of 9% is charged.

  • Online payments: payza, skrill, OKPAY, webmoney, sticpay and perfect money payments are accepted. The minimum deposit is $1 while the minimum withdrawal is $5. There are no deposit fees but the withdrawal fee is $3.

  • Paypal: the minimum deposit is $50 and the minimum withdrawal is $10. There are no deposit fees while the withdrawal commission is 9%.

  • Neteller: the minimum deposit is $2 while the withdrawal is $5. The commission is $3 + 4% for withdrawals less than $50 and 4% for withdrawals greater than $50.

  • Cryptocurrencies: the cryptos accepted are bitcoin, ethereum, litecoin and ripple. The minimum deposit is an equivalent of $1 while the withdrawal is $5. Up to 10% discount is offered to clients on conversion of USD to cryptos. For withdrawals, the commission is 0-10%.



FXGlory Review: Account Funding Options


Fxglory review: account funding options


Fxglory review: account opening


It takes a few minutes to open an account and start trading with fxglory. To open a live account, visit the website. From the menu bar, navigate to ‘for traders’ >> open a real account. Fill the form that displays.


FXGlory Review: Account Opening Form


Fxglory review: account opening form


After filling in the personal and account details required, click ‘register’. Immediately, an activation email is sent to the registered email. Check your email and click on the link provided. On successful email verification, another email containing the MT4 account login details as well as the clients’ cabinet login details are received. From the clients’ cabinet area, you can create more accounts, make deposits, download platforms, get support and completely manage your brokerage accounts.


Fxglory review: conclusion


Fxglory is an offshore broker with limited regulations that would put off most online traders. The very high leverage is also dangerous. Whilst all accounts are swap free and no commissions are charged on trades, the spreads are very high as they are marked up to cover broker costs.


The provided MT4 platform is full of trading tools and is standard in the online trading industry. All traders are welcome with any type of trading strategy, including hedging and automated trading. A free VPS is provided for high volume traders who maintain a minimum of $1,000 account balance. Daily technical analysis is also provided from the in-house experts.


When compared to other brokers, fxglory provide a very restricted number of tradeable assets. The broker offers less than 50 trading instruments when competing brokers offer over 10,000 tradable assets. The training materials provided are also insufficient to completely train a new trader. There are no training videos, no webinars and no structured academic courses.


The regulatory status of fxglory is undefined, hence the assumption that the broker is unregulated. This is not good as all traders are generally advised to avoid unregulated brokers. You should apply caution when trading with this broker in our opinion.


Forex trading entails high risks and is not suitable for all traders/investors. Before making any investment or entering into any transaction, investors should carefully consider their investment goals and the level of risk they are willing to assume. They might lose part or all of their initial investment. Therefore, they should only invest risk capital in order to avoid compromising their personal financial status.


Min $1 deposit


Fxglory is an offshore broker offering online forex & CFD trading. They provide the MT4 platform with fixed spread accounts & multiple payment options. However, this broker is unregulated with a very limited amount of trading instruments.



Italy’s CONSOB warns against unregulated forex broker fxglory


The italian financial regulator has added another unlicensed forex broker to its warning list.


Italy’s financial markets regulator, the commissione nazionale per le società e la borsa (CONSOB), today published a warning against fxglory informing investors that the firm is not authorised to provide its investment services or activities in italy.


Unlicensed entity


Fxglory is an online broker offering its clients a range of forex and binary options services with options to trade on a range of commodities, currencies, stocks and indices . The firm operates via www.Fxglory.Com and is located at 4 fxglory ltd, AXIS building 8, alexander kazbegi 24, saburtalo, tbilisi, georgia.


CONSOB regularly updates its warning list to include firms such as fxglory and in this instance, the public has been advised not to do business with them.


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Background


As the public authority responsible for regulating the italian financial markets, CONSOB’s main activity is aimed at the protection of the investing public.


In this respect, CONSOB is responsible for ensuring transparency and correct behaviour by financial market participants, disclosure of complete and accurate information to the investing public by listed companies and compliance with regulations. It also conducts investigations with respect to potential infringements of insider dealing and market manipulation law.


Finance magnates last reported on a similar warning issued by the watchdog against cheshire capital in july, which was also red-flagged for not being authorised to provide investment services or activities in italy.



Fxglory review


Fxglory review


Reason to avoid: offshore license


Listed date: september 13, 2018


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Beware fxglory is a non-regulated broker. It is NOT SAFE to trade.


Read fxglory review before you sign any activity and get to know more details about them


About fxglory

��️ registered inst. Vincent and the grenadines
��️ type of licenseoffshore license
��️ is fxglory safe to tradeno
��️ recommended licensesFCA in UK ���� & ASIC in australia ����
�� alternative brokerGO markets - licensed by ASIC in australia

Is fxglory a scam or legit broker?


No, fxglory is not safe to trade with it which fxglory unregulated broker, fxglory is owned by fxglory ltd., which is an offshore company registered in st. Vincent and the grenadine.


St. Vincent and the grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as AZ trades, traderur and more. You can read our detailed article about the risk of trading with brokers from st. Vincent and the grenadines.


Fxglory, as stated on the website, was firstly established in the department of economic development of the UAE while after the year of operation in the asia region opened new branches in europe countries. However, none of the branches are regulated or registered with any authority that oversees the forex or financial investment services companies. Therefore, there is no strict implementation of the rules that are typically deployed by reputable organizations in a purpose to protect customers and their investments.


FxGlory Review


Overall, the broker offers reasonable and competitive trading conditions on the range of trading instruments, yet with an extreme level of leverage up to 1:3000 and binary options that are also very controversial. That level of leverage is considered to be a very risky one since the capital is traded at significant risk while the opportunities and losses are multiplied timely.


Apart from the numerous negative reviews and complaints from the traders which had an experience with fxglory, the company was detected for scam operations that obviously showed cases with withdrawal delays, or ignorance of the clients, as well as the market price violations. In addition, CONSOB issued a warning against the fxglory.


We advise all investors and traders to avoid fxglory and other brokers from st. Vincent and the grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in australia and reliable brokers such as IG markets and plus500.



Fxglory review and ratings


Company information


Fxglory is a legally registered forex broker located in saint vincent and the grenadines, but not regulated by any government agency.


Availability


Fxglory accepts clients from all over the world, excluding some jurisdictions where restrictions apply.


Distinctive features



  • Simple registration and verification process.

  • 50% bonus on each deposit, which can be withdrawn later if certain conditions are met.

  • Cryptocurrency funding accepted.


Trading instruments


Forex broker offers the following underlying assets for trading.


40+ currency pairs based on major and minor world currencies.
8 metal spot cfds based on gold, silver, platinum and palladium.
1 energy future based on crude oil (WTI).


Comprehensive review


Fxglory is an offshore brokerage registered in saint vincent and the grenadines, a place known as a popular jurisdiction for online forex and CFD brokers. Although it is properly registered, the company behind the broker, gxglory ltd, is not regulated by any financial regulator, and it is therefore largely a matter of trust between you and the broker whether you should trade with this broker or not.


Although unregulated brokers sometimes offer certain benefits such as a hassle-free registration and verification process, and higher trading leverage, it’s important to be aware that that they do not offer the same level of security and investor protection as regulated brokers do in the event the company becomes insolvent or a dispute occurs between the broker and the trader.


With that said, however, we have not heard any complaints about this broker, and we therefore have no reason to question the integrity of this broker in particular.


With fxglory, customer support is offered through email and live chat, available in english, russian, arabic, and german. This is a nice additional offering that we are sure traders from around the world will appreciate. In addition, phone support is offered via local phone numbers in malaysia, cyprus, the united kingdom, the united states, and switzerland.


Fxglory further offers a wide selection of trading instruments, including major, minor, and exotic currency pairs, cfds on all four precious metals (gold, silver, platinum, and palladium), as well as energies.


Three account types are available for traders to choose from fxglory, including:
– standard account – 1 USD minimum deposit and >2 pips spreads
– premium account – 1,000 USD minimum deposit and >2 pips spreads
– VIP account – 5,000 USD minimum deposit and >0.7 pips spreads and free VPS


All account types from fxglory comes with fixed spreads and commission-free trading. The cost of trading on fxglory is mid-range among online forex brokers, and there are definitely other brokers that offer tighter spreads on the most popular trading instruments. However, fxglory does offer significant leverage of up to 1:3,000, which some traders may find so valuable that it justifies paying for the wider spreads.


Fxglory is another metatrader-only broker, offering its clients the downloadable desktop version of the metatrader 4 (MT4), as well as web-based and mobile versions of the same platform.


Deposits and withdrawals to fxglory can be made with either bank transfer, credit and debit cards, or a variety of online money transfer services. We also appreciate that this broker accepts cryptocurrency deposits in the major cryptocurrencies bitcoin, ethereum, litecoin, and ripple XRP.


Make sure to check the box called “bonus” when depositing money after logging in to the “client cabinet,” in order to collect a 50% deposit bonus. The deposit bonus should be added to the account balance instantly, and is withdrawable. However, make sure to read the fine print on the website, as there are a number of terms and conditions that apply to the use of the bonus amount.


A nice additional benefit of this broker is the large library of forex market analyses it has made available online. Several currency pairs that are in focus on any given day are analyzed in detail and published on a daily basis, which could certainly give some traders the inspiration they need to take their trading to the next level.



Fxglory broker review – an inside look at this unregulated broker


FXGlory Broker Review – An Inside Look at This Unregulated Broker


Fxglory review

Have you been in the market for a new forex broker? Have you heard of the broker fxglory? Fxglory is a forex broker that has made extensive growth and has a variety of tools and features. Is fxglory right for you? Read to find out.


About fxglory


Fxglory was established in 2011, and is principally based in dubai and saint vincent and the grenadines. They are an unregulated broker who offer trading in a range of forex currency markets, commodities, and oil. They provide these trading markets through a range of trading platforms, all powered by MT4.


Although the range of products and services offered by fxglory are somewhat limited, they do offer extensive leverage in many of these markets. That fact alone has contributed to their growth in the industry over the 8 years since being established.


FXGlory Landing Screen


Account opening


Fxglory offer three distinct account types for traders to select from. These are, standard, premium, and VIP. All of these account types offer a variation of the same services at different rates. There is a wide gap, particularly between the fxglory minimum deposit on each account type.


For the majority of those in the forex market, the fxglory standard account option will be quite sufficient. Premium and VIP account alternatives appear best suited to high volume or frequent traders.


Minimum deposit


FXGlory Deposit Methods


The minimum deposit required to open an account with fxglory varies greatly depending on the account type you wish to open. The standard account requires a minimum deposit of just $1 to begin trading. This makes it among the most competitive in the industry, along with micro accounts from the likes of top brokers like FBS and others.


The minimum deposit increases drastically for the premium and VIP account types. These are $1,000 and $5,000 respectively.


Availability and ease of opening


FXGlory Account Types


FXGlory Account Dashboard


Fxglory accounts are available to users in most countries of the world. This applies with exceptions to the following locations: georgia (europe), bangladesh, north korea, syria, sudan, iran, and nigeria. Services are available to traders in many other countries thanks to the fact that fxglory is not under the regulatory authority of cysec or another major body.


Opening an fxglory demo account is a relatively simple process. To complete this, traders are simply required to download the fxglory trading platform and fill the basic personal information required. This demo account can be operated for 60 days and will then expire if not used.


Opening an fxglory live account is a similarly hassle-free process. Here you should complete the registration form, combined with uploading a copy of your identity and proof of residence documents. You will also be required to verify your phone number. Once these steps have been completed, your live account is ready for trading. This process is typically complete within a 1-24 hour period, according to the broker.


Product offerings


The product offering from fxglory is quite limited when compared with other top forex brokers we have reviewed.


The broker offers a total of 40 currency pairs. This includes major, minor, and exotic pairs. This alone is sufficiently on par with the offering of major brokers, however, if we consider that only a total of 7 other markets across commodities and metals are offered for trading, then fxglory falls some way short of the instruments offered by top competitors.


Fxglory commissions and fees


FXGlory Spreads


Trading on all fxglory accounts is done on a commission-free basis. This commission is however, build into the spreads which are offered by the broker on each of their accounts.


The spreads offered by the broker range from 0.7 pips for VIP account holders requiring a $5,000 minimum deposit, to starting from 2 pips for both premium and standard account holders. Again, this does not offer the best value for traders comparative to what can be achieved from other brokers.


Non-trading fees


Fxglory tries to minimize other fees which its traders may encounter through use of the platform. This includes no-fee on deposits, and a minimal fee on withdrawals which ranges from 5% on credit/debit cards, 4% on paypal, and $3 for the majority of other withdrawals less than $50. There is a $30 fee for withdrawal via bank transfer.


Swap-fees are applied at variable rates, although swap-free accounts are also available to those traders who require them through further contact with the customer support team.


No inactivity fees are levied by fxglory. This is a positive point in respect of the many competitors who do integrate some form of fee for inactive traders.


Fxglory platforms and tools


FXGlory Webtrader


Fxglory is a metatrader broker. This means that they offer metatrader platforms across various mediums. This includes the traditional and reliable MT4 desktop, webtrader, and MT4 mobile.


Desktop platform


FXGlory Webtrader Order


As to be expected with MT4 desktop, the offering is as comprehensive and empowering as ever to traders. Through the most recognizable third-party trading platform in the industry, traders new and experienced can benefit from the vast range of professional charting tools and more than 50 indicators that the trading platform offers as standard.


The customizable charting functions give the user the control to see trading from every angle, and easily conduct trades at any moment through the concise, yet comprehensive ordering process. For more advanced users, they can avail of each and every tool available through the platform toolbars, including the expert advisors function.


The fxglory partnership with metatrader is the one resounding positive point which will help all manner of traders feel both comfortable and confident in using the broker.


Mobile trading platform


FXGlory Mobile Chart


FXGlory Mobile Prices


The MT4 mobile trading platform yet again encompasses everything which is positive about the metatrader brand, and passes these benefits along to fxglory by association. Few mobile trading platforms offer an application which is so accessible that it can be used with dozens of brokers in one application.


The ability to concisely place trades as well as chart in-depth movements with the numerous tools and indicators is simply unparalleled in the industry. This is all packed into one convenient application which again, fxglory derives excellent value from being associated with.


Education and research


There is a limited amount of educational resources present directly through fxglory. They provide a knowledge base on the broker website which functions and a form of support for any questions a trader may have, and access to some basic articles on the fundamentals of forex trading as well as how to get started.


In terms of research, they perform somewhat better. Here they provide access to a daily analysis of selected markets. This research appears to be conducted by the brokers own in-house team, and combines with an economic calendar and margin calculator to round off the research tools provided by fxglory.


This infrastructure may be more suited to experienced traders who are already familiar with the markets, MT4 trading platforms, and other features who can employ outside sources for research.


When it comes to sources for education, many brokers do offer such resources, however, you can also find excellent guides and in-depth reviews directly through our website when extra guidance is required.


Fxglory differentiators


FXGlory Leverage


Although restricted in a number of key areas, fxglory does provide benefits to traders on a number of key points which many brokers cannot. First among these is the amount of leverage which traders can employ. This extends to as much as 1:3000 on amounts under $1,000 for qualified traders.


Cryptocurrency is available as a deposit method in a number of forms also. These include bitcoin, litecoin, and ripple. The broker also facilitates a discount of up to 10% on the exchange rate between your crypto deposit and trading currency.


On the subject of bonuses, fxglory provides for up to 50% bonus on each of your qualifying deposits. This is an offer which many top brokers regulated by cysec and other bodies simply cannot provide due to regulatory conditions. The same is true of the extensive leverage fxglory provides.


Customer service


Fxglory have 6 global branch offices in countries around the world, and customer support is available from many of these in a variety of languages and several forms. These forms include direct telephone support, email, and web-based live chat.


All of the responses from the above methods were within reasonable timeframes and provided answers which were both concise and relevant to the questions asked.


Trustworthiness


This is a key factor for any top forex broker, and certainly one which users of fxglory are mindful of. The broker no longer offers binary options trading which many traders often view in a negative light. This will have had a positive impact on the broker’s trustworthiness, however, the fact that they are still unregulated by any respected financial authority after so many years in the industry, is certain to cause worry among traders.


This is an issue which the fxglory team say they are working to rectify, however, it cannot come soon enough for many traders. The broker has been active in the industry for a number of years, and has developed some key partnerships and positive rapport among many traders, though they appear to be lacking in many of the fundamentals which instill a truly trusted atmosphere among the trading community.


Fxglory conclusion


Having been operational as a forex broker since 2011, fxglory certainly have a presence in the industry, and may well attract those more experienced traders who avail of the extremely high leverage offered, and the improved spreads on the higher-volume VIP account. That said, the infrastructure provided by fxglory is not particularly suitable for new traders, and particularly with the lack of regulation and educational material in place, it would be difficult to recommend fxglory to anyone besides those who already have a high degree of confidence in trading forex.


With many years in the industry, global locations, and a strong team, fxglory can certainly make a very comprehensive case for being considered among the world’s top brokers should they decide to upgrade their features and also become regulated by a major financial body in the industry.



Fxglory review



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Dear sir/madam
please allocate my account. (your account number with fxglory) in IB group "6860".
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Regulation


Fxglory, established in united arab emirate in 2011, is a forex broker and call-put option provider that is registered in georgia.


Information


This company provides client-oriented, modern and fast financial market services as well as secure and cutting edge trading platforms.


This company gathers reliable and multilingual financial and technological professionals to provide dedicated and suitable assistance on trading issues and problems via phone call, live chat and email.


They offer lucrative affiliate and partnership deals and programs to upgrade their support services by reliable third parties.


They represent wide range of market instruments across stocks, indices, currency pairs and commodities to cover all trading preferences.


This company presents different trading accounts to fulfill all trading desires and expectations; standard and free VPS accounts.


They offer different types of call-put option such as standard, long term, one-touch, 60 seconds, ladder and pairs with considerable amount of payouts.


Traders can derive substantial profit in less than a minute by purchasing 60-seconds contract of major assets across currency pairs, indices, commodities and stocks.


This broker offers highest leverage applicable 1:3000 that provides great opportunity on successful trades. The other spectacular service from this broker is that the US clients can also trade by fxglory on forex and stocks markets.


In case of payment methods, this broker offers highly reliable and fast payment approaches to simplify the deposit and withdrawal requests.


Fxglory review - rebates & cashback up to $4 - registration & regulation


FXGlory Review, fxglory regulation.


Metatrader4 (mt4)


Mobile



  • Traders can access their trading account via any smart phone and tablet that has ios and android operating system devices.


Webtrader



  • This trading platform is developed with user-friendly and simple structure that provides instant access to 30 tradeable currency pairs.


Fxglory review - rebates & cashback up to $4 - trading platforms



  • Standard account : min deposit $1

  • Premium account : min deposit $1,000

  • VIP account : min deposit $ 5,000


Fxglory review - rebates & cashback up to $4 - trading accounts



  • English

  • Russian

  • Arabic

  • Armenian

  • Germany

  • Georgian


Fxglory review - rebates & cashback up to $4 - supported languages



  • Credit/debit cards

  • Neteller

  • OKPAY

  • Paypal

  • Payza

  • Perfect money

  • Skrill (moneybookers)

  • Wire transfer

  • Bitcoin


Fxglory review - rebates & cashback up to $4 - withdraw & deposit methods


You can contact them with [email protected] / [email protected] fxglory .Com


Customer support: +44-322473800


Dubai branch, fxglory ltd, flat 409 sikka al murar, dubai, united arab emirate



  1. Bonus

  2. Leverage

  3. Fixed and low spread

  4. Swap-free account

  5. Eas (expert advisors)

  6. Free VPS

  7. Forex analysis

  8. Education support and training

  9. Partnership program

  10. Glory gives 50% bonus for each deposit automatically.


Fxglory review - rebates & cashback up to $4 - advantages & benefits


Forex broker specificaiont


Account type


Trading type


Platform


Payment












Account type



  • Mini account

  • Islamic account

  • PAMM-managed

  • US accepted

  • Fix spread

  • CFD broker


Platforms


Trading type



  • Gold

  • Binary options

  • Scalping

  • Hedging

  • ECN NDD STP

  • Market maker


Payment method



  • Wired

  • Paypal

  • Webmoeny

  • Skrill

  • Neteller

  • Bitcoin

  • Cashu


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.














FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.


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Functional on computers with linux, UNIX and windows OS, representing financial services with easy-to-use structure


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.


FXGlory Review, fxglory regulation.


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Disclaimer: any contents provided by pforex LLC do NOT constitute or represent investment advice. Pforex LLC and its directors, employees, officers, affiliates or associates are NOT liable for any kind of financial loss, lost profits, any special incidental or consequential damage, any other loss or injury as a result of direct or indirect use of, including but not limited to, trading signals and technical analysis, news, quotes, charts and prices, brokers information and reviews, educational materials and all other contents provided by pforex LLC via website or apps by you, any third party or anyone else. Pforex LLC does NOT warrant and guarantee the suitability, reliability, availability, merchantability, timeliness and accuracy of any content represented through pforex.Com and apps.


All provided market data and prices are not necessarily real-time nor accurate. The forex and cfds prices are not guaranteed to be accurate and real-time by pforex so the prices may differ from actual market price. The prices are not represented for trading purposes so pforex is NOT liable for any kind of financial loss, lost profits, any special incidental or consequential damage, any other loss or injury as a result of using provided prices.



Fxglory review


Fxglory is a worldwide online broker founded in 2011 and now is among the largest and most respected companies in the world of the forex market. Our company has succeeded and grown by listening to the clients and meeting their needs. Since our foundation, a team of professionals has been formed who are specialists in the currency and financial markets.


We have found our reputation in online trading world due to various offers for our clients: standard account type, free VPS, trading platform both desktop and mobile and trading tools to trade on different currency pairs, commodities, shares and stocks in the best conditions. We offer IB (introducing broker) and white label programs to give our partners and clients a great opportunity for cooperation in a safe environment.


We look forward to long term cooperation with our clients and partners and also to their devotion.


We offer our clients daily technical analysis to give them a great opportunity to enter the forex market with a comprehensive knowledge. We provide with the greatest customer service to everyone – 24 hours a day, 5 days a week online support covering with a professional and technical support team to give solutions and consultation service.


In 2011, fxglory was established in the department of economic development of the U.A.E. After one year experience in asia, fxglory opened its new branch in georgia with registration number of 404953038. In order to expand our services, we decided to open new branches in other countries. After 3 years, we established our european branch in bulgaria with registration number of 203061099.


Typical spread on majors - live better spreads my be offered by the broker on other accounts."alt="info" />


headquarters tbilisi, georgia
type of broker market maker & STP
founded 2011
regulated by regulated by NBG (georgia)
offices in georgia, bulgaria, unite arab emirates
supported languages english, russian, armenian, arabic, german
ESMA regulation ? This broker is not regulated within the E.U and is not subject to ESMA's new forex and CFD trading restrictions. To find out more about these restrictions, please see this article

change currency
volume
AUDCAD 31
AUDCHF 26
AUDJPY 24
AUDNZD 17
AUDUSD 33
CADCHF 23
CADJPY 29
CHFJPY 27
EURAUD 55
EURCAD 57
EURCHF 136
EURDKK 4
EURGBP 33
EURJPY 39
EURNOK 41
EURNZD 39
EURPLN 8
EURSEK 32
EURUSD 26
GBPAUD 59
GBPCAD 90
GBPCHF 32
GBPJPY 49
GBPNZD 75
GBPUSD 38
NZDCAD 60
NZDCHF 25
NZDJPY 20
NZDUSD 24
USDCAD 105
USDCHF 37
USDDKK 111
USDHKD 3
USDJPY 5
USDNOK 116
USDPLN 39
USDSEK 38
USDSGD 15
BTCUSD 301
BCHUSD 83
ETHUSD 168
XRPUSD 5
LTCUSD 63
volume chart for the selected currency, green chart values are higher than fxglory's' volume, red values are lower. " />

account currencies USD
minimum deposit $0
traders from USA allowed no
clients funds segregated no
interest on margin no
islamic accounts yes
islamic account restrictions anyone
ECN / STP accounts offered no
commission on STP or ECN 0
VIP accounts offered yes
VIP account requirements $5,000 minimum deposit
mini accounts offered yes
PAMM / MAM solutions no
API solutions no
mobile trading yes
web based trading yes
funding methods credit/debit cards, wire transfer, skrill, okpay, neteller, paypal, webmoney, payza, liqpay, QIWI, przelewy24
withdrawal methods credit/debit cards, wire transfer, skrill, neteller, paypal, webmoney, payza, okpay

platforms offered metatrader 4, metatrader 4 mobile, metatrader 4 iphone, metatrader 4 android
NO of pairs 39
pricing digits 5
trade off charts yes
one-click execution yes
email alerts yes
mobile alerts no
metatrader server time GMT + 2
demo account expiry 90 days
VPS offered yes
free VPS conditions free with accounts over $1,000

dealing desk yes
maximum leverage 3000:1
minimum contract size 0.01
execution instant execution and market execution
hedging yes
scalping yes
scalping restrictions yes
option of OCO no
option of FIFO no
liquidity providers 5+

short long type type 0 - in pips, type 1 - in base currency, type 2 - by interest, type 3 - in the margin currency." />
AUDCAD -16.70 2.90 0
AUDCHF -17.40 5.40 0
AUDJPY -15.70 4.20 0
AUDNZD -16.40 -3.60 0
AUDUSD -18.30 5.70 0
CADCHF -4.60 -0.10 0
CADJPY -4.20 -0.40 0
CHFJPY -0.70 -1.90 0
EURAUD 6.50 -21.90 0
EURCAD -0.10 -5.20 0
EURCHF -2.70 -1.10 0
EURDKK -0.91 -0.82 0
EURGBP -1.10 -3.00 0
EURJPY -2.10 -1.30 0
EURNOK -0.91 -0.82 0
EURNZD 0.86 -1.22 0
EURPLN 4.11 -4.80 0
EURSEK 4.11 -4.80 0
EURUSD -2.30 -2.40 0
GBPAUD 5.10 -24.30 0
GBPCAD -3.40 -5.20 0
GBPCHF -5.50 -0.10 0
GBPJPY -5.40 -0.10 0
GBPNZD 1.00 -1.34 0
GBPUSD -5.10 -1.70 0
NZDCAD -7.50 -0.10 0
NZDCHF -8.50 2.50 0
NZDJPY -7.70 1.90 0
NZDUSD -8.80 2.10 0
USDCAD -0.10 -4.00 0
USDCHF -2.00 -0.20 0
USDDKK -0.75 -0.18 0
USDHKD -0.97 -0.32 0
USDJPY -1.80 -0.60 0
USDNOK 13.85 -15.98 0
USDPLN 2.95 -3.46 0
USDSEK 0.74 -1.81 0
USDSGD -1.80 -1.60 0
BTCUSD 0.00 0.00 0
BCHUSD 0.00 0.00 0
ETHUSD 0.00 0.00 0
XRPUSD 0.00 0.00 0
LTCUSD 0.00 0.00 0
compare swap rates from other brokers

Fxglory reviews


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So, let's see, what we have: fxglory is an online brokerage firm that offers forex and cfds trading via the metatrader 4 platform, offering fixed spread accounts and multiple payment at fxglory regulation

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