Offices: Saint Lucia
Platforms: MetaTrader 4, MetaTrader 5, GloryTrader
Instruments: Forex, Metals, Cryptocurrency
Regulation type: IFSA
Payment Methods:
Country:
Saint Lucia
Year:
2011
General Overview
General Overview
FXGlory is an online forex broker that lets you trade many assets, including currency pairs, cryptocurrencies, and metals. It’s popular with traders who want an offshore broker. The platform aims to be safe and reliable, offers low spreads, and has different account types. While it isn’t regulated by major financial authorities, many users find it open and dependable, making it a choice for both beginners and experienced traders.
Pros
- Flexible high leverage up to 1:3000
- Low minimum deposit requirement of just $1
- FXGlory Offers MT4, MT5 and an exclusive trading platform, Glory Trader
- Attractive 50% deposit bonus on every deposit
- FXGlory offers a wide range of account types
- 24/7 Available human customer support
- Wide range of choices for deposit and withdrawal methods
- No commissions or swaps
Cons
- Limited range of available assets compared to larger brokers
- Lack of educational resources for beginner traders
- Lack of no-deposit bonus
Trust and Safety
Trust and Safety
Regulations: IFSA
When you choose a forex broker, trust and safety are very important. Traders want to know their money is protected and the broker is honest and clear. Below, we look at FXGlory’s regulation and the security steps it uses to provide a safe, reliable place to trade.
Is FxGlory Regulated?
FXGlory is not regulated by major financial authorities like the FCA or ASIC. Even so, it aims to be transparent and uses strong protections—such as advanced encryption and secure servers—to help keep client funds safe. These measures are meant to provide a secure trading environment despite the lack of formal regulation.
Is FXGlory Safe?
Many traders see FXGlory as a safe choice, especially if they prefer offshore brokers. The platform uses modern security tools to protect personal data and funds. It also offers fixed, generally low spreads, which can lower trading costs and support a smoother experience. FXGlory’s focus on security and transparency helps build trust with its users.
Trading Platforms
Trading Platforms
MetaTrader 4 | MetaTrader 5 | GloryTrader
Visit PlatformsFXGlory offers a variety of advanced trading platforms designed to cater to the diverse needs of traders. Whether you prefer the renowned MetaTrader 4, the feature-rich MetaTrader 5, or FXGlory’s proprietary GloryTrader platform, you can enjoy a seamless and customizable trading experience. Additionally, their mobile trading platforms ensure that you can manage your trades and monitor the markets on the go, maintaining full functionality and performance across all devices.
FXGlory MetaTrader 4
FXGlory supports the popular MetaTrader 4 (MT4) platform, renowned for its user-friendly interface and robust trading features. MT4 offers advanced charting tools, automated trading capabilities through Expert Advisors (EAs), and a wide range of technical indicators, making it a preferred choice for many traders seeking a reliable and customizable trading environment.
FXGlory MetaTrader 5
For traders seeking enhanced functionality, FXGlory also provides the MetaTrader 5 (MT5) platform. MT5 includes additional features such as more timeframes, advanced order types, and improved analytical tools, making it suitable for both beginners and seasoned traders. The MT5 mobile app ensures that traders can manage their accounts and execute trades on the go, maintaining full functionality from anywhere.
FXGlory GloryTrader
FXGlory’s proprietary GloryTrader platform offers a unique trading experience with customizable interfaces and exclusive tools designed to enhance trading efficiency and effectiveness. GloryTrader is tailored to meet the specific needs of FXGlory traders, providing intuitive navigation and advanced trading features that set it apart from standard platforms.
FXGlory Mobile Platform
FXGlory ensures that traders can manage their accounts and execute trades on the go with its mobile trading platforms. Available for both Android and iOS, the mobile platforms maintain the full functionality of the desktop versions, providing a seamless trading experience from anywhere. The mobile apps are optimized for performance, ensuring quick execution speeds and real-time updates.
Tradable Instruments
Tradable Instruments
Instruments: Forex, Metals, Cryptocurrency
FXGlory provides a diverse range of tradable instruments, catering to the needs of traders with varying strategies and preferences. From the robust selection of currency pairs to the dynamic world of cryptocurrencies and the stability of precious metals, FXGlory ensures that every trader has access to the assets they need to build a well-rounded portfolio. This extensive offering allows for flexibility and adaptability in trading approaches, enhancing the overall trading experience.
Currency Pairs
FXGlory offers a comprehensive selection of currency pairs, including major, minor, and exotic pairs. This wide range allows traders to diversify their portfolios and implement various trading strategies. Whether you are trading EUR/USD, GBP/JPY, or exotic pairs like USD/ZAR, FXGlory provides ample opportunities to capitalize on market movements.
Cryptocurrencies
In addition to traditional forex trading, FXGlory enables trading in a variety of cryptocurrencies. This includes popular digital assets such as Bitcoin, Ethereum, and Litecoin, allowing traders to take advantage of the volatility and growth potential in the cryptocurrency market. By offering cryptocurrency trading, FXGlory caters to traders looking to expand their investment horizons beyond conventional currency pairs.
Metals
FXGlory also provides opportunities to trade in precious metals like gold and silver through Contracts for Difference (CFDs). Trading metals allows traders to hedge against inflation and diversify their investment portfolios. With FXGlory's competitive spreads and reliable execution, trading metals becomes a viable option for those looking to capitalize on the fluctuations in the prices of these valuable resources.
Account Types
Account Types
FXGlory offers a comprehensive selection of account types to accommodate traders of all experience levels and capital sizes. Whether you are a novice looking to start with a minimal investment or an experienced trader seeking advanced features and higher leverage, FXGlory has an account option tailored to your specific needs. These account types range from the accessible Standard Account to the exclusive Premium, VIP, and CIP Accounts, each providing unique benefits and trading conditions designed to enhance your trading experience and help you achieve your financial goals.
Standard Account
The Standard Account is ideal for beginners and traders with smaller capital. It requires a minimal deposit of just $1, making it accessible for those who are just starting out. This account offers leverage up to 1:3000, a minimum lot size of 0.01, and spreads starting from 2 pips. Additionally, the Standard Account includes a 50% deposit bonus up to $500 and a 50% deposit discount on cryptocurrency deposits, providing added value to traders.
Premium, VIP, and CIP Accounts
FXGlory also offers Premium, VIP, and CIP accounts catering to more experienced and high-net-worth traders:
- Premium Account: Requires a minimum deposit of $1,000, offers leverage up to 1:2000, spreads from 1.5 pips, and a deposit bonus up to $1,000.
- VIP Account: With a minimum deposit of $5,000, this account provides leverage up to 1:400, spreads starting at 0.7 pips, and a maximum bonus of $2,000.
- CIP Account: Designed for high-net-worth individuals, requiring a $50,000 deposit, offering leverage up to 1:10, and spreads as low as 0.1 pips.
Each account type is tailored to meet the specific needs and trading strategies of different trader segments, ensuring that all clients have access to the appropriate tools and conditions to achieve their trading goals.
FXGlory Leverage
FXGlory offers flexible leverage options up to 1:3000 for Standard Accounts, catering to various trading strategies and risk appetites. Higher-tier accounts such as Premium, VIP, and CIP offer lower maximum leverage, providing more controlled trading environments for traders who prefer to manage their risk more conservatively. This range of leverage options allows traders to choose the level of exposure that best fits their individual trading strategies and risk management practices.
Deposits and Withdrawals
Deposits and Withdrawals
FXGlory focuses on flexible, easy ways to move your money. It offers many safe deposit and withdrawal options so traders in different countries can fund accounts and cash out without hassle. Below are the main deposit choices and their fees.
FXGlory Deposit Options and Fees
You can deposit with a wide range of methods, so you can pick what’s most convenient for you:
- Cryptocurrency — up to a 10% deposit discount.
- Credit/Debit Cards — Visa and MasterCard supported.
- SticPay — global e-wallet with many local options.
- Skrill — popular e-wallet, supports many currencies.
- Perfect Money — online payment system with multi-currency support.
- Neteller — e-wallet with multiple funding methods.
- Zelle — fast bank-to-bank transfers in the U.S.
Most deposits are fee-free (crypto gives a discount instead of a fee). The minimum deposit starts from $1 for most methods. After you finish account verification, you can use all available deposit options in your client area.
FXGlory Withdrawal Options and Fees
Withdrawal fees depend on the method and the amount. Review the fees below and choose what fits your needs:
- Wire Transfer: 9% fee up to $1,000.
- Credit/Debit Card: 5% fee for withdrawals under $300.
- PayPal: 9% fee on all withdrawals.
- NETELLER: 4% over $50; $3 + 4% under $50.
- Payza, Skrill, OKPAY, WebMoney: $3 to 5% (varies by method/amount).
- SticPay: 3% fee.
- Perfect Money: flat $5 fee.
- Cryptocurrency: up to a 10% discount; fixed $20 fee.
Once your account is fully verified, visit the withdrawal page in your client area to see all options and fees in detail. This makes it easy to choose the fastest and most cost-effective way to access your funds.
Mastercard
Visa
Ethereum
Bitcoin
Litecoin
Ripple
Zelle
Fees and Commissions
Fees and Commissions
Understanding a broker’s fees helps you trade smarter. At FXGlory, costs are simple: most trading costs are built into the spreads and there can be withdrawal fees. FXGlory uses fixed spreads, so your costs don’t change when markets get volatile. Fixed spreads can be a bit higher than floating ones, but they add stability, help avoid slippage, and reduce the chance of a sudden spike triggering your stop-loss. From first-hand use, the fixed spreads are still competitive and make for a steady, predictable trading setup.
FXGlory Trading Fees
FXGlory’s trading fees are mainly in the spread (the difference between bid and ask). Because spreads are fixed, they don’t move with market volatility. That makes it easier to plan costs and manage risk.
Example starting spreads by account:
• Standard: from 2.0 pips
• Premium: from 1.5 pips
• VIP: from 0.7 pips
These fixed, all-in prices are slightly higher than some floating-spread brokers, but the predictability can be worth it if you value consistent costs.
FXGlory Spreads
FXGlory lists very sharp spreads on some accounts—premium tiers can go as low as 0.1 pips. Standard accounts start from 2.0 pips, with tighter pricing on Premium and VIP. This can keep trading costs down for active traders. For full details, see the FXGlory spreads page.
FXGlory Non-Trading Fees
Non-trading fees mainly relate to withdrawals. Fees are clear and depend on the method and amount you take out. Knowing these helps you plan withdrawals and avoid surprises.
FXGlory Withdrawal Fees
Withdrawal fees vary by method and amount:
Use this table to estimate withdrawal costs and plan the cheapest route. Clear fees help you manage cash flow and protect your returns.
FXGlory Deposit Fees
Most deposit methods have no FXGlory deposit fee. Crypto deposits are even rewarded—FXGlory offers up to a 10% bonus/discount on crypto deposits, which can boost your trading balance. This fee-free (and sometimes discounted) setup makes funding fast and cost-effective.
Bonuses and Promotions
Bonuses and Promotions
FXGlory provides an extensive selection of bonuses and promotions crafted to make your trading journey more rewarding and enhance the overall value of your account. These offers are designed to help traders grow their trading capital, giving them more resources to work with and increasing their potential to reach financial goals. Whether you're just starting in the trading world and want a boost to begin your journey, or you're an experienced trader looking to expand your existing investments, FXGlory’s bonuses are tailored to meet the needs of traders at all experience levels.
The bonuses offered by FXGlory serve a range of purposes: they help traders manage risk, explore different strategies, and take advantage of more opportunities in the market. For example, new traders can use these incentives to gain extra funds, allowing them to explore the market with additional confidence and a safety cushion. More seasoned traders can use these bonuses to expand their portfolio, try new types of trades, or increase their trading volume without needing to invest more of their own money.
By taking advantage of these offers, traders can engage with the markets more actively, test different trading methods, and work towards better performance over time. The bonuses offered by FXGlory allow traders to maximize each trade's potential, giving them more freedom and flexibility to react to market movements and optimize their overall strategies. These incentives aim to support traders in achieving their financial goals more efficiently by reducing costs and amplifying their deposits, ultimately creating a more rewarding trading environment.
FXGlory 50% Deposit Bonus
FXGlory rewards its clients with a 50% deposit bonus on each deposit made, enhancing the trading capital and providing additional opportunities for profit. Additionally, cryptocurrency deposits enjoy a 5% discount for amounts below $500 and a 10% discount for deposits exceeding $500. These bonuses and discounts provide added value and enhance the overall trading experience by allowing traders to maximize their deposits and leverage their trading potential. The generous bonus structure is designed to attract new traders and retain existing clients by offering substantial incentives for continued trading activity.
Up to 10% Deposit Discount
Additionally, when depositing with cryptocurrency, traders benefit from attractive discounts that can significantly increase the value of their deposits. For amounts below $500, a 5% discount is applied, while deposits exceeding $500 enjoy an even more substantial 10% discount. These discounts are part of FXGlory’s ongoing effort to provide added value to its clients, allowing them to maximize their capital and increase their trading potential. By taking advantage of these cryptocurrency discounts and the available bonuses, traders are able to make the most of their investments, expanding their opportunities and enhancing their overall trading experience with greater funds and flexibility. These incentives aim to support traders in reaching their financial goals more efficiently by reducing costs and amplifying their deposits, ultimately creating a more rewarding trading environment.
Education
Education
FXGlory offers an educational section on its website under “Forex News,” where traders can access market analysis, trading strategies, and the latest forex news. This resource is invaluable for both novice and experienced traders looking to enhance their trading knowledge and skills. The educational content includes:
- Market Analysis: Regular updates and insights into market trends and movements.
- Trading Strategies: Guides and tutorials on various trading techniques and methodologies.
- Forex News: Timely news updates that can impact trading decisions and market conditions.
By providing these educational resources, FXGlory empowers traders to make informed decisions and develop effective trading strategies, contributing to their overall success in the forex market.
Allowed Countries
Allowed Countries
FXGlory restricts its services to residents of certain countries to ensure compliance with international regulations and enhance the platform’s security. Disallowed countries include North Korea, Iran, Bulgaria, USA, Russia, UK, China, Canada, Japan, Australia, EU member states, Syria, Sudan, and Cuba. Traders should verify their eligibility before attempting to open an account to ensure they are not residing in a restricted region. This restriction helps FXGlory maintain a secure and compliant trading environment for its clients.
Excluded Countries
Bangladesh
North Korea
Syrian Arab Republic
Sudan
Iran
Nigeria
Russian
Pakistan
China
Customer Support
Customer Support
FXGlory provides comprehensive customer support available 24/7 through multiple channels:
- Live Chat: Immediate assistance for urgent queries, ensuring that traders can get help whenever they need it.
- Ticket System: For detailed inquiries and support requests, allowing traders to describe their issues comprehensively and receive structured responses.
- Phone Call: Direct communication for personalized support, enabling traders to resolve issues quickly through real-time conversation.
Their support team is knowledgeable and responsive, ensuring that traders receive timely and effective help whenever needed. This commitment to customer service enhances the overall trading experience and provides traders with the confidence that assistance is always available.
Broker Name: FXGlory
Broker Type: NDD
Country: Saint Lucia
Operating since year: 2011
Regulations: IFSA
Phone: +(1)8457098570
Email: [email protected]
Address: Saint Lucia PKF Corporate Services Building, 1st floor, Meridian Place, Choc Estate Castries Saint Lucia
Broker status: Active
FAQs
FAQs
Is FXGlory regulated?
No, FXGlory is not regulated by major financial authorities, but it is trusted by many traders for its secure trading environment and transparent operations.
What is the minimum deposit for FXGlory?
The minimum deposit varies by account type and deposit method, starting as low as $1 for most options, making it accessible for traders with varying capital levels.
Does FXGlory charge commissions?
No, FXGlory does not charge any commissions. Trading fees are incorporated into the spreads, ensuring a transparent and cost-effective trading experience.
What trading platforms does FXGlory offer?
FXGlory offers MetaTrader 4, MetaTrader 5, GloryTrader, and mobile trading platforms for both Android and iOS, providing a versatile and flexible trading environment.
Are there any withdrawal fees at FXGlory?
Yes, withdrawal fees depend on the method and amount. For example, wire transfers incur a 9% fee for amounts up to $1,000, while other methods like PayPal and NETELLER have varying fees based on the withdrawal amount and method chosen.
Can I trade cryptocurrencies on FXGlory?
Yes, FXGlory allows trading in various cryptocurrencies and offers discounts on cryptocurrency deposits, providing traders with additional flexibility and opportunities in the digital asset market.
What are the available deposit methods at FXGlory?
FXGlory supports a variety of deposit methods including Cryptocurrency, Credit/Debit Cards, SticPay, Skrill, Perfect Money, Neteller, and Zelle, catering to the diverse needs of its global client base.
How can I open an account with FXGlory?
To open an account, visit the FXGlory website, select the desired account type, and complete the registration process by providing the necessary personal and financial information. Once your account is fully verified, you can start trading immediately.
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