Fx glory

Barbara gertman 23 august, 2020 reply fxglory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit.

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FxGlory; Forex Broker Rating and Review 2021, fx glory.

Though, we do not charge our clients for this service. The spread offered by the broker ranges from 2 to 10. Also, the trades of our clients are automatically connected to a bank. To name some of our precious advantages we can say the fast execution of the trades and the minimum spread on trades. Moreover, periodically, our company considers a huge budget for giving bonus to those clients who deposit in their accounts. Another precious advantage of our company is having no minimum amount for depositing and withdrawing.

Fxglory – forex broker rating and review 2021

status
	fxglory ltd website
regulation	IFSA
trading software	metatrader4 desktop/mobile, webtrader
headquartered	fxglory ltd, suite 305, griffith corporate centre , P.O. Box 1510, beachmont kingstown , st. Vincent and the grenadines

Fxglory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit. Though, we do not charge our clients for this service. The spread offered by the broker ranges from 2 to 10. Also, the trades of our clients are automatically connected to a bank. To name some of our precious advantages we can say the fast execution of the trades and the minimum spread on trades. Moreover, periodically, our company considers a huge budget for giving bonus to those clients who deposit in their accounts. Another precious advantage of our company is having no minimum amount for depositing and withdrawing.

This opportunity helps the client to test our services with even a small amount of money. Also, our broker takes no taxes on the profit of its clients. Also, considering that we accept most kinds of electronic money, our company has got a special welcome by the american clients. About our bonus, we should say that this bonus on depositing money will help the margin and therefore decrease the risk of trading for the clients. This bonus is provided from our gigantic and unlimited advertising budget. Furthermore, we have some especial conditions like decreasing the spread and account managing by our professional money managers for those clients who deposit more than 100,000$ in their account.

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 branches in some europe countries. In order to expand our services, we decided to open new branches in other countries. Recently we established our new office in saint vincent and the grenadines with registration number of 23463.

Fxglory for professionals

Although the capital of the clients will be kept and registered in separate trading accounts, broker fxglory is allowed to use the total amounts of the capital. Thus, the financial managers of the company will use some part of the capital in different economic activities, also in improving and developing the brokerage itself in scientific and methodical ways. Therefore, the company will give the clients an amount of gained profit from its economic activities according to its statistics and reports. This amount of profit is variable from 2% to 18% in a year. We believe that the most important point for every professional trader is the security of the brokerage from different aspects of trading. In the following, we present some rules of our brokerage regarding the security of our clients:

A client should withdraw fund by the same account from which he/she has deposited the initial fund. If a client changes his/her account, the company will use different methods, like contacting via telephone, to confirm the identity of the client. All the clients are allowed to use eas (expert advisors) on their trading accounts. They can use an EA after transforming their profitable strategy to a profitable EA. One of the most important points about EA, on which all the professional traders are agreed, is that transforming profitable strategies to eas is a very important and useful way to prevent the losses that are caused by the personal feelings of a trader. As an advantage for professional traders, we provide free VPS (99.9% up time) for those traders who like to use eas.

Those who are eager to use our free VPS should

Open an account in order to use the eas.

Have a minimum capital of $1000 in their trading accounts

Fxglory trading information

Fxglory — latest reviews and comments 2021

Please, never deal with this fxglory scam, I deposited $1400 and I made about $6000 and I stop trading. I want to withdraw, they stop me to contact by live chat, by emails within 7 days. I hit "withdrawal" in "client cabinet", I saw "withdrawal application" but nowhere to hit mouse to do the withdrawal. So yesterday on jan 7, 2021, I start trading again, and I lost all my money. But don't trust fxglory, you cannot withdraw money as you want. They lied about your computer system on your side.

Tom tran 7 january, 2021 reply

During to my 10 years trading journey back to 2014 this is the only broker in my life that stole both of my profits and original deposit. Moreover, they left my account with a negative balance. What happened that they eat a total of 8000$ of profits and 1500$ my deposit in addition to previous withdraw of 1800$. And they simply stopped replying to chat or emails. Pure scam.

Ahmed soliman 11 december, 2020 reply

I traded with them back in 2015 and made about 64k profit. The moment I wanted to withdraw 10k, they disabled my account and sent me back my initial deposit.

Juan guzman 1 november, 2020 reply

Fxglory is the best forex broker for me and has changed my life. I wanted easy access to my profits and this is what fxglory does for me. Fxglory has allowed me to be an independent forex trader by allowing me to deposit and withdraw my money with ease. Yes you will lose money trading forex, but you will win, too. I recommend fxglory to anyone who is looking to withdraw their profits with no headaches. Every time I request a withdrawal, I receive it the next day into my paypal account with no issues.

Barbara gertman 23 august, 2020 reply

Don't try place your money to their account, they will make it difficult for you withdraw your profit. During my trading time I closed my orders with for example: 200usd and when you check your balances 70% of your profit it's nowhere to be found. I have been trying to withdraw the profited amount only to be told that I have violated their trading style. I was so excited knowing that am going to withdraw my profit of 700usd but only to find out that I can withdraw my initial deposit with transaction fees added on. So please stay away from these people, they are scam.

Joel msiza 10 august, 2020 reply

Worst broker ever they trade against you, they prohibit you from adding a stop loss or take profit once your order have been place and their customer service does not even know what they are talking about and they always come up with excuse to do with client network.

Idris 16 june, 2020 reply

I tried to see the good through the bad reviews but they literally EAT your money, the one click trade button when you sell WONT work and this server WILL close trades when they're finally negative and when you contact them they beat around the bush basically trying to say thank you for paying them.

Demi 11 march, 2020 reply

If you want to deposit everything is ok, it's really fast. But if you want to withdraw, then it all starts! You have to verify your account (strange you don't need to verify it when depositing). To verify my address, I sent them: the backside of my government-issued ID with address - rejected; utility bill for electricity - rejected; bank statement for last month - rejected. The same documents that are accepted by FCA/ASIC/cysec brokers are not good enough for this offshore, dodgy broker! It's all clear now: they do NOT want you to withdraw and they do everything to keep your money!

Fxglory reviews and comments 2021

Tom tran 7 january, 2021 reply

Ahmed soliman 11 december, 2020 reply

I traded with them back in 2015 and made about 64k profit. The moment I wanted to withdraw 10k, they disabled my account and sent me back my initial deposit.

Juan guzman 1 november, 2020 reply

Barbara gertman 23 august, 2020 reply

Joel msiza 10 august, 2020 reply

Idris 16 june, 2020 reply

Demi 11 march, 2020 reply

Milan 21 october, 2019 reply

Do not use them. They will easily close your account! Give hard time with withdrawls aswell. Take your money elsewhere.

Hector 4 october, 2019 reply

I made some great money and I withdrew 5K from the bitcoin method, its been over 4 days and the only response I've gotten is "give it 1-24 hours for the relevant department to review". Super frustrating even tho I like this broker

Hussein 9 september, 2019 reply

Long-term work in the forex market is already a big plus in favor of FXGLORY. Good trading conditions, the possibility of training on a demo account also attract customers. Technical support works, almost around the clock, respond quickly and on business. Started working here with minimal deposit. Not in a hurry to increase due to large sums. Risks are minimized.

Sam 12 august, 2019 reply

Fxglory is an amazing broker. It has changed my life. Their withdrawals are absolutely perfect. I have been using PAYPAL as my withdrawal method and once i submit the withdrawal request, it is in my paypal the next day. Fxglory has made me financially independent.

Syed 29 august, 2018 reply

This is a lie. Fxglory takes funds and deny withdrawal request.

FX glory trader 20 september, 2019

They ask for ID but they reject all your ID. And deny your withdrawal. This post is a lie.

Jonny 22 november, 2019

Could this have been a more fake review. Sounds like a commercial. If you are going to be a shill for fxglory at least make it believable.

Dave wayne 12 may, 2020

Terrible the worst forex broker out their I have had profits taken away saying I couldn’t trade during news releases. Now I’ve waited two months two withdraw $5k still have yet to be paid out stay far away.

Wich leverage is on your account at fxglory? I just chattet with them and they said that news trading is allwed but only with an account leverage of 1:100

Sven mueller 24 may, 2018

This broker is made for professional traders or for new traders who desire to become good at trading currencies. I tried some brokers regulated buy FCM and NFA, but fxglory is providing excellent services and I'm planning to replicate all my results on metals and futures with them. I want to ask any member of this forum to give me feedback about trading spots on precious metals and futures through fxglory. Thanks in forward.

Love2trade 27 march, 2017 reply

I almost ignored fxglory due to negative reviews on some websites.My friend encouraged me to try fxglory and showed me proof of his repeated withdrawals.Ijoined in 2014and have been trading with them and my account is growing by the months.I started my account from just 3 figure equity now to 6 figure equity.What I do monthly is to withdraw 50% of my monthly profits.I get my withdrawal paid without delay. Now I use both NETELLER and PAYPAL to make withdrawals. It is too unfair to violate violate user`s agreement and then move from forum to forum calling good brokers like fxglory names.

Bandbforex 14 december, 2016 reply

Fxglory is a broker that I am proud to recommend to both new and professional traders. Those that complain are the ones having problems observing the terms and conditions. I like the excellent customer support services rendered by this broker and their fast processing of payment transactions (both withdrawal and deposit).

Successpower 19 november, 2016 reply

As I am an amateur forex trader, I was searching for differences between forex accounts in forex brokerage. Some brokers such as exness.Com or fxdd.Com has not islamic account or swap free but some others such as fxglory.Com or alpari.Com has got these type of accounts. What are the benefits of a swap free account in compare with a no swap free account?

Tomsmart2001 21 october, 2016 reply

I changed from my old brokers to fxglory two years ago based on recommendations from my friends. I like them for the following reasons: * acceptance of paypal; *effective customer support; *negligible slippages, *timely processing of my withdrawal. All these and many more are what makes me to prefer fxglory above. Other brokers that I have ever used. The conditions around their 50% bonus is more friendly than what I found elsewhere.

Successpower 23 november, 2016

Have you ever faced the cancellation of profit from account? I did it! That’s my earning! And this broker just decided to cancel it! It did not even refuse the deal. Everything was agreed but when the deal occurs to be with profit they say there is a breach of client agreement. Why then was not trading interrupted? Why did not they respond at once? Moreover I do not agree. There isn’t any breach and they do not even hear what I am saying. The trader has no rights at all here! Stay away from FX glory! – that is my conclusion.

I have been with fxglory for over 2 years now and I have not experienced such problems. The fact remains that traders must play by the rules(terms and conditions that bind their trading on any brokerage platform). I always familiarize myself with rules and that is why I don`t have problems with fxglrory. The only business with business is business, and as such, we cannot infringe with impunity.

Successpower 28 november, 2016

I had same bad experience with this broker and they scammed 2k6usd after I gain this profit. Just wanted to warn people for this scam broker: fxglory. I has been got profit 2600$ in my balance. When I try to withdraw 600$ they do disable my account. And throw me an email that say: your account is disabled according to user agreement part 5 paragraph 4 which you signed while your registering electronically : part V: fraudulent activities and prohibited transactions I had same bad experience with this broker and they scammed 2k6usd after I gain this profit.

Boy_pr86 26 september, 2015 reply

I'm glad with you guys, till date I have no problem.

Maxx 14 april, 2015 reply

Have been trading with this broker for over an year now, only problem i had was that address verification was delaed, everything works perfect.

Jacek 6 april, 2015 reply

I prefer fxglory with its goood offers and conditions. Mostly i use their free VPS and it's working perfectly

Roger 3 april, 2015 reply

I'm totally satisfied with this broker. I trade with anothers too before. Fxglory is the best one as I see by now.

Akifujimoto 3 april, 2015 reply

I am so happy I took my profit. Thank you guys for a good job!

Jim mcmilan 13 march, 2015 reply

Hello I deposited 300$ last week and got 150% bonus. I made profit on EUR/USD and now I am going to withdraw. Let me see what happens then. I hope I will not have difficulties with withdrawal. I will be in touch soon.

Jim mcmilan 12 march, 2015 reply

Be careful. Scalpers MUST hold their o.R.D.E.R.S open for 5 minutes or longer. They removed alot of money from my account stating the trades were not open for the 5 minutes.

Charles 10 march, 2015 reply

I have been trading in fxglory for 5 months now and have no complaints. I am fully satisfy with their service

Alexander 4 march, 2015 reply

Wow i cant wait to see my profit and widtraw it

Lenne 3 march, 2015 reply

What i like most here is that u can start trading with very little money. I deposited 5 dollars for my first time.

Andrew 27 february, 2015 reply

I registered real account in jan 2014. Yeah spread is not too low but still can make money.

Martin 23 february, 2015 reply

Comments and reviews about forex trading can be found on multiple web resources, and their diversity indicates that forex market is complicated and implies a lot of risk.

Some people believe that real traders' reviews can hardly be found online, as most of the published statements are either libeling the broker's competitors or aiming at raising popularity of certain companies. Sad but true - this really may happen, as some not too scrupulous companies do promote themselves this way.

This section is addressed to the traders who seek completely objective and truthful information about the forex market. Of course, no one can guarantee that each review is realistic and impartial, but we continuously monitor the published content and believe it is useful for both forex novices and professional traders.

Reviews about fxglory that you will find here are of different kind - some of them are positive, some are emotional or even rampant: our site visitors are free in expressing themselves when discussing various issues related to fxglory performance. You can disprove somebody else's viewpoint or support it: whether to trade with this company or not, this is what each trader decides for himself. It is impossible to guarantee that any company's operational work will be the same as was described in the clients' comments.

Does the broker really care for the clients' needs? Is their response to the clients' claims efficient? Are trading conditions profitable? Are there any covert issues that peep up only after the contract with the broker has been signed? Reviews about fxglory help to get the general idea about the broker's performance.

Fxglory review and ratings

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 review and tutorial 2021

Fxglory offers leveraged trading in forex and commodities through the MT4 desktop and mobile platform.

Trade forex pairs with up to 1:3000 leverage.

Trade leading cryptocurrencies, including bitcoin.

Fxglory is an offshore broker providing clients with trading in forex and commodities. This review will look at the services on offer, from deposit and withdrawal methods to account types and bonuses. We’ll also investigate whether fxglory.Com is a legitimate online broker. So get the facts before you open an account and head to the login page.

Fxglory company details

Founded in 2011, fxglory group ltd is headquartered in dubai and has offices in several locations, including malaysia, cyprus, spain and the UK. The broker also recently opened an office in saint vincent and the grenadines. Unfortunately fxglory isn’t licensed with a well-respected regulatory body which does raise some safety concerns.

The company was formed by a team of financial specialists, aiming to provide a superior online trading experience with high leverage, zero commissions and rapid executions through the metatrader 4 trading platform.

Metatrader 4 platform

Fxglory offers the metatrader 4 (MT4) platform and a webtrader alternative. MT4 is well-regarded for its ease of use, advanced features and customisation options. Its simplicity is great for novice traders while its advanced functionality ensures that it also caters for more experienced trading professionals.

Platform features include:

Nine timeframes

Three charting options

Risk management tools

Instant & pending order types

Dozens of technical indicators

Market for custom additional indicators

fxglory MT4 platform

Webtrader

Fxglory also offers a web-based trading platform. With no need for lengthy downloads or the installation of software, webtrader allows you to trade directly through an internet browser. It’s suitable for a range of devices including mac and PC. The platform retains nearly all of the features of the downloadable platform, including one-click trading, a built-in news feed and multilingual support.

Markets

Fxglory users have access to a handful of tradeable instruments. Trade 34 major, minor and exotic forex pairs such as the GBP/USD and EUR/USD. Popular cryptocurrency brands are also available including bitcoin and ethereum, as well as oil and precious metals.

In 2018, the broker stopped offering binary options trading. There are also no stocks or indices available to trade. So if you look at fxglory vs the likes of FBS, tradersway or hotforex, the broker does fall short.

Unfortunately this review was disappointed with the trading fees charged. Fixed spreads are available across all account types, but they are high compared to other brokers. With the standard account, spreads start from 2 pips on major forex pairs. For CIP account holders, spreads start at 0.1 pips. On a more positive note, fixed spreads make it easier to budget for expected fees and no commissions are charged.

There is little information regarding any additional fees, so to avoid unexpected charges, clients should check terms and conditions when signing up.

Leverage

Leverage offered by fxglory varies depending on the account type:

Standard – 1:3000

Premium – 1:2000

VIP – 1:300

CIP – 1:50

Fxglory was among the first retail brokers to offer such high leverage rates. But while 1:3000 leverage may appear tempting, it does significantly increase the risk of losses.

Note a margin calculator is available at fxglory.Com.

Mobile app

Fxglory offers a mobile app that enables clients to manage accounts on-the-go. The MT4 platform is available for download on ios and android devices and supports all forms of trade orders and execution modes. Just like the desktop-based version, the interface is easy to navigate and the login process is quick and simple.

Fxglory mobile trading

Payment methods

Fxglory offers a variety of flexible deposit and withdrawal options:

Cryptocurrency – bitcoin, litecoin, ethereum

Credit & debit cards – visa, mastercard

Ewallets – skrill, neteller

Bank wire transfer

Paypal

Most deposits are processed the same day, but wire transfers can take up to seven days. The minimum deposit is low at $1, making it an accessible choice for new traders.

To make a withdrawal from fxlgory, login through the client cabinet tab and fill in the withdrawal request form. Withdrawals generally receive positive reviews, with few reporting problems.

Demo account

To open an fxglory demo account, download the MT4 platform and register your details. You can then enjoy risk-free trading with fast executions while testing the MT4 platform, a new strategy and the broker’s services.

Note that there is a reduced list of currency pairs available with the demo account.

Bonuses & coupon codes

At the time of writing, fxglory offers clients a 50% deposit bonus. The offer is available to real-money traders only and the bonus cannot exceed $1000. Simply check the bonus box when you open an account and the bonus will automatically be credited when you make a deposit.

The deposit bonus can only be redeemed once. For full bonus terms and conditions, head to the promotion tab of the fxglory website.

Licensing

Fxglory is registered offshore in saint vincent and the grenadines with registration number 23463. It does not hold a license from a respected regulatory body, such as the FCA or cysec. This is a concern as we cannot guarantee the safety of client funds and limited legal channels will be available should you experience withdrawal issues or scam problems.

Additional features

Fxglory provides a range of additional features to assist clients with making informed trading decisions. Tools include:

Knowledge base with articles and educational content, though primarily aimed at more experienced traders

Forex news and market analysis

Glossary of trading terms

Margin calculator

FAQ help portal

Account types

Fxglory offers four account types: standard, premium, VIP and CIP.

Minimum deposits range from $1 to $50,000. All accounts offer instant executions, zero conditions and swap-free trading conditions.

The standard account is best suited to novice traders with a maximum position of 1 lot, leverage up to 1:3000 and a $1 minimum deposit. The premium and VIP accounts are targeted at more experienced traders with higher minimum deposits, more competitive spreads, plus a free VPS. The CIP account comes with a hefty minimum deposit of $50,000, a minimum trade size of 1 lot and zero bonuses, but it does offer the most competitive spreads.

To open a live account, clients need to sign up at fxglory.Com. Once registered, head to the login page in the client cabinet tab.

Benefits

This review found fxglory performs well in certain areas:

Micro-lot trading

Automated trading

$1 minimum deposit

US clients are accepted

Swap-free trading conditions

Drawbacks

Downsides to trading with fxglory include:

Not regulated

No MT5 platform

No trading signals

Limited product range

No scalping trading rules

Basic educational resources

Trading hours

The fxglory platform is open 24/7 but trading in some markets is restricted to specified hours. The forex market opens on sunday at 5 pm EST and closes on friday at 5 pm EST. More information on specific trading hours is available on the trading account conditions page on the broker’s website.

Customer support

Customer support is available 24/5 at fxglory and can be accessed via:

Phone – +(44) 322 473 800

Email – info@fxglory.Com

There is also a live chat function available from the chat logo in the bottom right of the website. Reviews of customer support are good, with staff quick to respond to real server and platform queries.

Safety

Fxglory uses 256-bit SSL encryption technology on its website and platform to protect client data. Also, the company holds funds in segregated accounts and clients have access to multiple risk management tools.

Fxglory verdict

Whilst fxglory does offer a MT4 platform download, low minimum deposits plus bonuses, it does also have a number of drawbacks. Firstly, the fixed spreads are relatively high and the number of tradable products limited. Also, their offshore status and lacking educational resources means the broker wouldn’t be our first choice.

Accepted countries

Fxglory accepts traders from australia, thailand, canada, united states, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use fxglory from georgia, bangladesh, korea, syria, sudan, iran, nigeria.

Where is fxglory regulated?

Fxglory is an offshore broker registered in saint vincent and the grenadines. As a result, the company doesn’t have to adhere to the same quality and security standards as cysec-regulated brokers, for example.

Is fxglory a legitimate broker?

Fxglory is a legitimate broker but due to its unregulated status, we would recommend caution before registering for an account. See alternative providers here.

What are the trading rules at fxglory?

Clients are not able to use scalping strategies, news trader or arbitrage eas at fxglory. Also, scalping is not allowed.

Is fxglory a good broker?

Fxglory offers the popular MT4 trading platform, flexible account options and a competitive trading environment. On the downside, fees are high, the product list is limited and the broker is unregulated.

Is fxglory a scam?

Despite its offshore status, fxglory is not a scam. It is a legitimate broker offering trading in forex and commodities, just with limited regulatory oversight.

Is fxglory safe to trade with?

Fxglory is an established online trading broker. However, there are some complaints in online reviews around withdrawal problems, so we would recommend caution.

Fx glory

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Fxglory

Fxglory - specs

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Fxglory - profile summary

Fxglory is a forex broker . It started opening it's doors to clients in 2011 , establishing it's offices in georgia , bulgaria. Fxglory (forex broker) offers various trading accounts: mini account, standard account and the minimum deposit for trading in forex (FX) is $1.

Fxglory offers accounts in: USD account with fixed spreads. The lowest spread offered in eurodollar is 2 pips.
It's platform (MT4 desktop/mobile/ios/android/smartphone, web trader ) can be traded on desktop|mobile|ios|android|smartphone| , it offeres a fast execution, interest 9-25% on free margin feed. The platform is set on GMT+2 and it offers a 5 digits decimal spacing on it's forex pairs. It's forex (FX) accounts offer a leverage of 3000 : 1 standard account

On it's platforms: MT4 , web trader, you can set trailing stoploss, no OCO orders, no one click trading, furthermore it offers mobile trading, webtrading and 42 fx pairs. Among the foreign exchange products you can also trade, gold, silver, commodities, energies.

Fxglory (forex broker) is regulated by not regulated, and is a independent broker..

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:bank wire, credit card, debit card, paypal, webmoney, skrill, neteller, OKPAY, payza

Withdrawals from your FX account:bank wire, credit card, debit card, paypal, webmoney, skrill, neteller, OKPAY, payza

Fxglory review

Overview

The broker has been operating in the financial market since 2011 providing traders around the world with a full range of services for quality trading.

Details

broker	fxglory
website URL	fxglory.Com
founded	2011
headquarters	AXIS building 8, alexander kazbegi 24, saburtalo, tbilisi, georgia
support number	+(44) 744-190-6300, +(995) 322-473-800 (georgia, tbilisi)
support types	chat, phone, email
languages	english
trading platform	metatrader 4, fxglory webtrader
minimum 1st deposit	1$
minimum trade amount	0,1$
bonus	bonus up to 50%
leverage	1:3000
spread	from 0.7 points
free demo account	open demo
account types	demo, standard, premium, VIP
deposit methods	bank transfers, credit and debit bank cards visa/master card, OKPAY, payza, webmoney, neteller, paypal, wire transfer, skrill
withdrawal methods	bank transfers, credit and debit bank cards visa/master card, OKPAY, payza, webmoney, neteller, paypal, wire transfer, skrill
number of assets	50+
types of assets	forex, CFD, precious metals, binary options
account currency	USD
US traders allowed
mobile trading
tablet trading
overall score	3/10

Full review

And yet, is fxglory a scam or a decent company where you can work steadily? We will answer this question in a detailed broker`s review.

Terms of trade with fxglory

Fxglory refers to the company glory way general trading LLC, where work the traders who have achieved success in trading in the financial markets. The broker started its business with the united arab emirates, but now its main office is located in tbilisi (georgia). Despite the fact that the company is very young, it has a number of advantages, among which one of the main is the simplicity and convenience of the forex trading process: a reliable platform, a variety of tools and accounts, effective mechanisms for asset protection and risk management are waiting for a trader.

Another factor in the success of fxglory is the provision of quality service. It offers metatrader 4 terminal for trading (for web and mobile trading (iphone, android, windows phone) is the standard of stable trade, fully compliant with modern trends of trading. The advantages of one of the most popular platforms are security, maximum capabilities, and convenient intuitive interface for traders of any level of training, trading advisors, signals, testing strategies and trading systems thanks to a large number of tools. Functional mobile platform allows you to work from anywhere in the world and makes trading the most comfortable thing.

The broker offers a high-quality training for new traders (courses, training materials on the website), work on a demo account. You can also use free access to the virtual VPS server, which will protect trading from technical failures, make it comfortable and allow you to test strategies easily and create your own trading systems. Any trader has access to high-quality technical support in 24/5 mode, round-the-clock qualified assistance of professional managers, which acts as a guarantee of prompt provision of information for successful work in the financial markets.

For convenience are published analytical data (in english), current news on the website that will allow you to understand the situation fully and earn funds. Traders from different countries also have access to the «knowledge base» (the basics of working on metatrader 4 terminal, books, etc.).

Deposit and withdrawal

Fxglory offers a variety of deposit and withdrawal options. The clarity of these operations is the business card of the young forex broker. To make a deposit you need to register, make an amount by choosing a convenient way to transfer funds (minimum deposit – $1). To deposit funds you can use the extended list of modern payment systems – from the usual bankcards to e-wallets:

Bank transfers (up to 3 banking days),

Credit and debit cards visa, mastercard (up to 3 banking days),

Electronic payment systems: OKPAY, payza, webmoney, neteller, paypal, wire transfer, skrill (1 banking day).

You can open an account only in one currency: USA dollars. Money is available for trading immediately after payment. Withdrawal of funds is possible only for authorized and verified traders and only in the way that the deposit was made.

Complaints against fxglory

Despite the fact that fxglory is still a very young broker, the reviews about it are already widely presented in the network and they are diverse. On the one hand, traders praise the company for stability, good trading conditions (minimum deposit, fast execution, low fixed spreads, no commissions on deposit, payments occur on time), a large selection of ways to deposit and withdraw funds, high-quality technical support, comfortable trading options and forex, simple and clear website (despite the fact that it is in english, everything is simple and clear), for the fact that scalping is allowed, high-quality analytical reviews and news areprovided.

There are enough of negative points, which often relate to a long procedure of verification, long waiting of answers from support service or even absence of communication with managers, problems with withdrawals (delaying the process of withdrawal, denial of withdrawal without explanation), problems with the operation of the terminal (requotes, hang-up, gapping), with the website. It is worth noting the fact that the forums do not have a broker representative who would help to understandthe problems, emerging by traders.

If we find complaints about fxglory, we will post it on social media. Follow us to be well informed:

Is fxglory a scam?

Despite the fact that fxglory is a very young broker on forex market, it has still to show its advantages and opportunities (truth about forex). The company employed real professionals who know how to make trading comfortable: favorable trading conditions, quality service, feedback, etc. There is already a variety of references about the company in internet, which largely demonstrates the interest of the broker, the profitability of trading conditions (minimum entry threshold (from $1), ability to trade advisors, low spreads).

There is no representative of the company on the forums to minimize the negative, but the company is still going to work closely with the user. An important factor of positive image is the provision of a reliable trading platform metatrader 4, which has already gained the trust of traders around the world. Significant advantages of the company are the bonuses, round-the-clock feedback (different ways of communication), training and analytical materials. These options have been positively noted by users and in many ways demonstrate thoughtful policy of user management.

Although the company’s managers confidently state that certification is an issue that will be resolved in the near future, now traders have to trade at their own risk, it definitely prevents them from trusting the company. Should we consider fxglory as a scam lottery or a fraudster? At this stage of the company’s development, it seems too early to make final conclusions about it, but you can protect yourself by working correctly with your personal manager.

Fxglory broker regulator

Fxglory has registered offices in the states of saint vincent and the grenadines (reg.Number 23463), as well as in georgia (reg.Number 404953038). At the same time, the company does not have licenses to operate, however, according to the manager of the company the broker plans to obtain them in the near future.

Bonuses in fxglory

Every trader of the company can get a 50% bonus.

The bonus will increase the amount of funds in the account and expand the capabilities of the trader. To get it you need to open a real account with a broker (standard or premium) and deposit funds (up to $1000). Bonus funds are automatically credited to the deposit. For more information about the bonus conditions, please contact your personal manager.

Summary

Despite of the fact that the trading forex broker fxglory is a young company, today it works successfully with traders around the world, provides quality service and one of the most favorable trading conditions. It can be noted quite confidently that the company has a great chance of getting high ratings among competitors, but for this the broker will have to modify the service (actively work on forums with customer reviews and eliminate problems that arise in the process of trading, etc.).

Advanced trading, daily analysis, best stocks are positive broker indicators and demonstrate a correctly chosen niche development. The fact that it has a positive feedback about the trading terminal, analytics, training materials, support services says much about its correct way of development. The broker has a sufficient number of negative reviews, which lead to the conclusion that the user needs to study carefully the conditions of work with the company. In addition, the company does not currently have a license, so it complicates the trust relationship between company and client.

We hope that the broker intends to work with negative reviews, make the service more comfortable and develop further. Now we rightly note that fxglory has not yet managed to show itself fully, to evaluate it as a reliable or scam company is too early. And yet the references we expect from traders may not only affect the broker’s ratings, but also caution investors against problems.

Fxglory – forex broker rating and review 2021

status
	fxglory ltd website
regulation	IFSA
trading software	metatrader4 desktop/mobile, webtrader
headquartered	fxglory ltd, suite 305, griffith corporate centre , P.O. Box 1510, beachmont kingstown , st. Vincent and the grenadines

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 branches in some europe countries. In order to expand our services, we decided to open new branches in other countries. Recently we established our new office in saint vincent and the grenadines with registration number of 23463.

Fxglory for professionals

Those who are eager to use our free VPS should

Open an account in order to use the eas.

Have a minimum capital of $1000 in their trading accounts

Fxglory trading information

Fxglory — latest reviews and comments 2021

Tom tran 7 january, 2021 reply

Ahmed soliman 11 december, 2020 reply

I traded with them back in 2015 and made about 64k profit. The moment I wanted to withdraw 10k, they disabled my account and sent me back my initial deposit.

Juan guzman 1 november, 2020 reply

Barbara gertman 23 august, 2020 reply

Joel msiza 10 august, 2020 reply

Idris 16 june, 2020 reply

Demi 11 march, 2020 reply

Fxglory review, rating and comparison

RECOMMENDED FOREX BROKERS

Trading accounts and conditions

Account type	minimum deposit	minimum trade size	maximum leverage	spread
standard	$1	0.01	1:3000	2 pips, fixed
premium	$1 000	0.1	1:2000	2 pips, fixed
VIP	$5 000	0.1	1:300	from 0.7 pips

Fxglory offers 3 forex trading account types, depending on the initial deposit amount. Standard & premium account types provide the same fixed spreads, and high leverage levels. Micro lots are available solely on standard accounts.

Now, overall the offerings of fxglory seem reasonable, except for the extremely high leverage offered – up to 1:3000. Such leverage levels expose traders to great risks. Otherwise, a fixed spread of 2 pips for the EUR/USD pair is standard for the industry. Variable spreads are also available with this broker, however one has to deposit 5 thousand bucks, which according to us, is not the wisest thing to do, as fxglory is not a regulated broker.

The company. Security of funds

Founded in 2011, fxglory offers trading forex and some cfds on the widely used metatrader 4 platform and also offered a proprietary binary options platform fxglory option (no longer available). Behind the brand is fxglory LTD, a company that used to operate out of the UAE and now has branches registered in georgia and in ST. Vincent and the grenadines (SVG).

None of this branches is regulated and there is no authority overseeing the activities of this broker.

That is why we generally advise traders to avoid offshore (and/or unregulated) companies and to invest with brokers regulated by reliable authorities such as UK’s FCA, or australia’s ASIC.

Although fxglory has been around for more than 5 years and its offerings seem decent, we recommend a high level of caution dealing with this company. There is a guilty verdict at the forex peace army’s traders court and furthermore, italian regulator CONSOB has recently issued a warning against binary options broker fxglory.

Trading platform

Fxglory supports the most popular platforms among traders - metatrader 4 (MT4), available as PC, web and mobile versions.

MT4 is a professional forex trading software which is preferred by both beginners and experienced traders. It is equipped with advanced charts and technical analysis indicators so that traders can make appropriate decisions and take the lead in the forex market. The platform also offers a wide range of expert advisors (EA), allowing clients to fully automate their trades. In this regard, the broker also provides the use of VPS services to clients with deposits of at least $1000.

Fxglory offers 50% on-deposit bonus on each deposit up to $1000. A client must trade in specified number of trades and specified intervals for withdrawing.

Methods of payment

Fxglory offers its clients the following payment modes: credit/debit card, bank wire transfer, and popular e-wallets skrill, neteller, webmoney, payza, OKPAY and paypal.

Keep in mind that withdrawal fees apply.

Conclusion

Fxglory is a non-regulated MT4 broker that has been operating on the FX scene for more than 5 years. It offers reasonable trading conditions, yet it looks like it utilizes a market maker model (fixed spreads and bonuses subject to trading volume conditions). Here are, in a nutshell, the pros and cons of fxglory:

Pros	cons
low initial deposit	not regulated
commission-free trading	market maker model
no-deposit bonus available	dangerously high leverage levels offered
MT4 available	no choice of trading platforms

Latest news about fxglory

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XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS mastercard is also available for faster deposits and withdrawals.

Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.

Fxglory review

company info:
name	fxglory
website	fxglory.Com
foundation year	2011
regulation
regulated by	national bank of georgia (N2-06/3625-12)
trading conditions:
min. Deposit	1 $
leverage	1:1, 10:1, 50:1, 100:1, 200:1, 500:1, 1000:1
trade lot	0.01, 0.1, 1
digits after the dot	5
spread type	fixed
trading instruments	forex, metals, cfds
payment methods:
credit card, wire transfer, paypal, skrill, neteller, payza, cashu, webmoney
other features:
accept US traders
PAMM
MT5
mobile trading
web-based trading
affiliate program
VPS
profitf BONUS:

Fxglory review (detailed info):

Fxglory (official website) company was founded in 2011 in dubai and is monitored by the department of economic development. Fxglory is a unique forex broker as they offer a leverage of 1:3000, which is not that common with forex brokers today and thus many traders are attracted to the broker. Available leverage: 1:1, 10:1, 50:1, 100:1, 200:1, 500:1, 1000:1, 2000:1, 3000:1 broker has offices in georgia and bulgaria. Fxglory accept US clients.

Fxglory account type:

All fxglory accounts are standard or islamic (swap-free accounts )

Fxglory offers 50% BONUS on deposit. In order to receive a bonus from fxglory forex broker, you need to open a real account, tick the checkbox of bonus in deposit part of client cabinet and make a deposit. The bonus will automatically be credited to your account. Note: to withdraw each 1.5$ of the bonus, a client should trade 1 standard lot

Another good thing from “FX glory” – free VPS for clients that has an initial deposit of 1000$.

Deposits to fxglory can be done via paypal, credit cards, skrill, OKPAY, payza, neteller, webmoney, liqpay,WIQI, SOFORT, giropay,przelewy24 , wire transfer

Withdrawing funds is easy and with low fee:

so, let's see, what we have: fxglory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit. Though, we do not charge our clients for this service. The spread offered by the broker ranges from 2 to 10. Also, the trades of our clients are automatically connected to a... At fx glory