Fxglory

I had same bad experience with this broker and they scammed 2k6usd after I gain this profit.

Best forex bonuses

FxGlory Reviews and Comments 2021, fxglory.

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. Successpower 19 november, 2016 reply

Fxglory 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.

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.

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!

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.

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.

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

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

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

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 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.

Fxglory

Company fxglory LTD

Founded in 2011

Online since 2012

Offices in

Bitcoin

Bitcoin cash

Credit/debit cards

Ethereum

Litecoin

Neteller

Paypal

Perfect money

Ripple

Skrill

Webmoney

Wire transfer

Account types:

Hedging

Trailing stop

Pending orders

One-click trading

Browser-based platform

Minimum account size $1

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 2

Scalping allowed

Expert advisors allowed

Trading instruments

Forex 1:3000

Gold & silver 1:3000

CFD 1:3000

Oil 1:3000

Stocks 1:3000

Energies 1:3000

Bonds 1:3000

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $1,000

Minimum position size 0.1 lot

Spread type variable

Typical spread on EUR/USD, pips 2

Minimum spread on EUR/USD, pips 0

Scalping allowed

Trading instruments

Forex 1:2000

CFD 1:2000

Stocks 1:2000

Indexes 1:2000

Bonds 1:2000

Reviews

120 reviews of fxglory are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

MAUNG CASSIM, myanmar. Trading account #2XXX1

This account made 70,834 USD withdrawal without any problems.

All of his withdrawals were done after 24 hours in working days.

Milan, czech republic. Trading account #6XXX3

This client is verified and made a withdrawal successfully.

His document was web based and after sending the correct one, his account was verified.

I had been trading with them long time. Everything is ok till I made withdrawal USD 5K. When I made profit 35K and made a withdrawal 10K, problems start. They did not response for longtime and waited for your account wipe out. Then they send a message that you don't have enough margin to withdraw.

Most comments I saw here saying deposit and withdrawal is ok. I believe their transactions are small amounts. In my experiences, they pay for small amount till 5K USD and above 5K USD, your withdrawal will take forever.

My advice for big traders, stay away from this broker. They are a big scam. Good luck all.

- 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!

I like the high leverage!

This broker is a total scam. Yesterday i was able to access their site but today their site says it can't be reached. Luckily i didn't deposit any cent otherwise i could've lost my money. Screw this broker, becareful about this broker people. It's a scam

When I try to withdraw money their system remove some of my trade as scalp but they said scalp is allowed.

I started trading with fxglory since 2014.And it has been so far so good with them.

Actually,my forex trading career began around 2006 on the platform of marketiva. I was frustrated by their platform and other factors and then decided to stop trading for some years.Friends encouraged me around 2013 to start trading again and I consented. It however became necessary for me to use an MT4 broker that also accepts paypal.That was when my friends introduced me to fxglory in 2014. The document verification was not easy but I completed my registration successfully.

As an experienced trader,I needed not to be told to carefully read through the terms and conditions involved in every transactions.Majorly, three things are very important to me;no slippages,good customer support and due payment of withdrawal requests.I quickly tested fxglory on these three and they impressed me.I usually get my withdrawal requests completely processed in about 2 to 3 hours because I use paypal.

What I like most is their consistent improvement by the days just between 2014 and today.

As I write today, my account is in good conditions and it is just hard for me to consider any other broker.

I can see that you are not even a trader at fxglory . Most brokers have more negative reviews than positive on forexpeacearmy. You have to listen to real traders on other sites like earnforex.

I like the services at fxglory.

It is the best broker in my trading career of over 10 years. I created account with fxglory in2014 and started with demo account just to master their platform.

I later opened a live account with small funds as I was skeptical of many forex brokers outside US as at that time due to my bad experience from my early brokers.

I traded for some time and made profits and requested withdrawal via paypal.

They paid me in less than 2 hours. These happened over and over again.

They won my confidence and I put in more funds to my trading account.

I have peace of mind with them.

Their customer support perform excellently.

I appreciate them and am proud to recommend them to other traders.

What I just realised is that some guys are working for big brokers so as to silence other brokers.This is grossly unfair. Fxglory is doing fine and I am one of their happy clients.

I have peace of mind trading forex with fxglory.

I just like their instant services from verification of account to instant deposits and withdrawal of funds that takes about 2 hours.

Simply put, fxglory gives me maximum satisfaction.

I registered with this broker quite a long time ago. Things are going as well as I need so far. I accept some of their restrictions about trading style as for me as a long term trader, everything seems all right. I use credit card for transactions, for withdrawal it takes a bit more time than other methods, but it is safe so I guess it is for the best.

I have no problems with fxglory. They have good support and helping me everytime so much. My priority is safety, verification was complicated but now I feel satisfied.

I'm an experienced trader and I'm searching for a trustful and good service for my business. I trade with fxglory almost 2 years now. Now I feel completely satisfied. They offer me quite good conditions for deposit and withdraws. Spreads seem a bit high but it's fixed and that's a good point.

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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 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 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

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: 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

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: 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

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 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

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.

Fxglory.Com review

Fxglory is a forex broker. Fx glory offers the MT4 and webtrader forex trading top platform. Fxglory.Com offers over 35 forex currency pairs, gold, silver, other metals and oil for your personal investment and trading options.

November 2015-may 2016: large numbers of fake and highly suspicious positive reviews submitted. The FPA considers this another reason to use a high level of caution dealing with fxglory.

March 2014: there is an FPA traders court GUILTY verdict against fxglory. The FPA recommends a high level of caution dealing with this company if the issue cannot be resolved.

Broker details

deposit methods:

bank wire, VISA, mastercard, american express, bitcoin, epay (epay.Com), ether/ethereum, litecoin, neteller, paypal, payza, perfectmoney, ripple, skrill, sticpay, webmoney

withdrawal methods:

bank wire, VISA, mastercard, american express, bitcoin, epay (epay.Com), ether/ethereum, litecoin, neteller, paypal, payza, perfectmoney, ripple, skrill, sticpay, webmoney

Live discussion

Join live discussion of fxglory.Com on our forum

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Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

PLEASE do not post bad reviews because you didn't follow or know your client agreement. This doesn't help anyone.

If you open and close any trade within 7 minutes, they will NOT let you keep your profit. However, if you lose, they will keep your loss.

This broker has some really, really tough to follow rules and they suck for day traders. Use another broker if you can't hang. If you are a position trader, they seem to be pretty darn good.

If you want 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

It's all clear now: they do NOT want you to withdraw and they do EVERYTHING to keep your money!

I opened up several GPBUSD sell orders between april and may last year 2018. The trades are still running and the account is 174,000$ in total profit @ 1.2675 (gbpusd)

I closed one of the trades 31st of april 2019. And made a withdrawal. A week later that withdrawal is still pending. And my account was disabled. Furthermore I’ve received some weird and disturbing communication from people that say they are representing fxglory accounting department. No title, position, real phone number or full name listed in the communications.

The disturbing communication I received from andrew in accounting :
" fxglory received an alert from one of the providers which indicate your request for closing a trade refers to a trade which does not exist with them. We had to obey the provider's procedure in this case and disabling account in order to have a detailed investigation on it. I am waiting for the provider's detailed report and then I will bring my investigation and provider's as well to board meeting and I will inform you about any step in this procedure for sure. "

But the trade closed down immediately at the right price and the funds went straight into the account.

This sounds like the exact reason they've used in the past to take clients profits. Their support/technical departement confirmed that ofc that kind of error would never escape them. Or else they would lose money as a broker. So no technical issues, yet it is being brought up to some kind of board vote.

Rather than waiting for the same thing to happen to me, i contacted forexpeacearmy and opened a scam alert immediately and left this review.

Then point blank this person that claims to be "defending my account" to board members sends a message asking me to write an email on my view on the following . Scalping, trading as third party, trading with negative balance, hedging. None of which applies to me.

Holding my account hostage, i was then told the fastest way for my account to be re-enabled is by giving my consent to remove any illegal trades it might find! It follows:
"after your confirmation, accounting team will check with liquidity provider and apply required actions if needed and then fully restore your account in next hours"

Oh my! Is it just me or does it sound like they are trying to remove my profits before enabling my account.
If the trades are illegal, then why do they need my permission?
If the trades are illegal why do they have to check with liquidity provider before closing?
What does this sound like to anyone reading?

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.

So, let's see, what we have: read the latest fxglory reviews and comments written by real traders. What a forex trader should know before he starts trading with fxglory ltd on forex-ratings.Com at fxglory