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Score

1.95 /10
Danger

FXGlory

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

MT4/5 full license

High potential risk

B

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Score

License Index 0.00
Business Index 7.00
Risk Management Index 0.00
Software Index 6.91
Regulatory Index 0.00
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Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 744 190 6300

English

+1 647 243 7184

English

+60 392 126 712

English

+1 845 709 8570

Broker Information

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Company Name

FXGlory Ltd

Company Abbreviation

FXGlory

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Warning: Low score, please stay away!
Previous Detection : 2023-06-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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FXGlory · Company summary
Registered Country Saint Vincent and the Grenadines
Regulation No license
Establishment 5-10 Years
Minimum Spreads 2.0 pips
Maximum Leverage 1:3000
Account Types Demo accounts and live accounts
Minimum Deposit $1
Trading Platform MT4 trading platform
Trading assets major currency pairs, minor currency pairs, exotic currency pairs, Gold, Silver, platinum, and other precious metals, crude oil,
Customer support Telephone, Email

General Information

Fxglory is an online broker founded in 2010 and, since its inception, has formed a team of professionals focused on Forex and financial markets and provides investors with 24/5 customer service.

Regulation

Fxglory is not authorized or regulated by any regulatory authority, and here we can see that WikiFX has only give it a very low score of 1.9310.

Market Instruments

Traders can trade major currency pairs, minor currency pairs, exotic currency pairs, Gold, Silver, platinum, and other precious metals, crude oil, and other financial instruments with Fxglory.

instruments
instruments

Minimum Deposit

To meet different investment needs and trading experiences, Fxglory offers four different trading accounts: Standard Accounts (minimum deposit of $1), Premium Accounts (minimum deposit of $1,000), VIP Accounts (minimum deposit of $5,000), and CIP Accounts (minimum deposit of $50,000).

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Fxglory Leverage

In terms of trading leverage, leverage level differs depending on various trading accounts. The maximum trading leverage is 1:3000 for the Standard Account, 1:2000 for the Premium Account, 1:300 for the VIP Account, and 1:50 for the CIP Account.

Spreads & Commissions

The spreads for standard and premium accounts are 2 pips for EURUSD, 3 pips for GBPUSD, 5 pips for Gold, and 4 pips for Silver. For VIP Accounts, the spreads are 0.7 pips for EURUSD and 1.3 pips for GBPUSD. For CIP Accounts, the spreads are 0.1 pips for EURUSD and 0.1 pips for GBPUSD. No commission is charged for forex trading on any of the four accounts.

spreads-commisisons

Trading Platform

Fxglory offers traders the market-leading and industry-preferred MT4 trading platform. This professional trading platform is popular among novice traders and experienced traders alike, providing traders with advanced charts to help them make accurate decisions and stay ahead in the market.

Deposit & Withdrawal

Fxglory supports a wide range of convenient deposit and withdrawal methods, including SticPay, American Express, Perfect Money, Cryptocurrency, EPay, WebMoney, MasterCard, Visa, Wire Transfer, Skrill, NETELLER, PayPal, etc. The withdrawal method must be the same as the deposit method.

payment-methods

Customer Support

Clients with any inquiry can get in touch with Fxglory through email, telephone,or online chat.

customer-support
customer-support

Pros & Cons

Pros Cons
Generous leverage up to 1:3000 Offshore broker, no regulation
Low initial capital required High spreads
MT4 trading platform
Customer support from multiple branches
Online Chat available

Frequently Asked Questions

What is the maximum trading leverage offered by Fxglory?

The maximum trading leverage offered by Fxglory is up to 1:3000.

What is the minimum deposit to get started with Fxglory?

The minimum deposit to get started with Fxglory starts from $1.

What trading platform does Fxglory offer?

Fxglory offers the industry leading MT4 trading platform.

News

USDCHF analysis for 15.05.2023

NewsUSDCHF analysis for 15.05.2023

2023-05-16 14:45

The USDCHF currency pair has recently experienced a bearish wave, with the price line displaying a consistent downward trajectory. As the price approaches a key support zone, traders and investors are closely observing this area for potential opportunities.

WikiFX
2023-05-16 14:45
News
USDCHF analysis for 15.05.2023
AUDCAD analysis for 24.04.2023

NewsAUDCAD analysis for 24.04.2023

2023-04-25 13:50

The AUDCAD price has been following a bearish trajectory within a downward sloping channel for some time.

WikiFX
2023-04-25 13:50
News
AUDCAD analysis for 24.04.2023
EURUSD analysis for 16.03.2023

NewsEURUSD analysis for 16.03.2023

2023-03-17 14:50

EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world.

WikiFX
2023-03-17 14:50
News
EURUSD analysis for 16.03.2023
GBPNZD analysis for 03.02.2023

NewsGBPNZD analysis for 03.02.2023

2023-02-06 18:04

The summary of British Pound / New Zealand Dollar is based on the most popular technical indicators, such as Moving Averages, Oscillators and Pivots.

WikiFX
2023-02-06 18:04
News
GBPNZD analysis for 03.02.2023

User Reviews

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15

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HarryL
0-3months
This broker is a good choice for traders of all backgrounds and goals. They offer a wide range of assets to trade, a comfortable trading platform, and favorable trading conditions, making them a reliable partner in the market.
2023-05-19 06:54
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0
0
Marko.P
0-3months
however, I myself would rather not use so much leverage. You know, it simply doesn't sit right with me. Although the speed of execution is respectable, I must admit that the withdrawal procedure for card transactions can occasionally be a nuisance. You won't believe it, but they don't even provide Paypal. A real bummer. Oh, and to all the scalpers out there: they don't allow that, so this might not be your playground.
2023-05-15 09:11
Reply
0
0
Marko.P
0-3months
Hello, everybody! Just wanted to add my voice regarding this broker I joined about six mnths ago. They were suggested to me by a friend who has been rocking out for more than 3 yrs with them. Gotta admit, they have their positive and negative aspects, just like any other broker out there. If that's your thing, they have some extremely high leverage options and provide some pretty fantastic bonuses and discounts.
2023-05-15 09:09
Reply
0
0
Grace751
0-3months
I recommend FxGlory to anyone looking for a reliable and trustworthy broker. Their fast execution and low spreads have helped me increase my profits, but their platform can be a bit slow at times. Overall, a good broker.
2023-03-24 10:01
Reply
0
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Patricia1987
0-3months
The execution speed at Fxglory is really impressive - trades are processed quickly and efficiently. I love the range of trading instruments available on their platform, but the withdrawal fee can be a bit high at times.
2023-03-03 11:40
Reply
0
1
搭UFO去旅行
more than one year
Maximum leverage up to 1:3000, 50% deposit bonus, minimum deposit of $1, attracted me to step into a trading journey scattered with losses. So, advice from me: never trade with unregulated brokers, never believe brokers’ promise easily.
2023-02-16 09:37
1
0
0
Vince2953
3-6months
I'm really satisfied with the service this broker offers. The demo account and the education in the FAQ are really helpful, I just started with that and recommend it to everyone. the minimum deposit allows everyone to try this broker and the leverage is unbelievable! 1:3000.
2023-02-05 12:00
Reply
0
1
Sean8942
3-6months
I liked the levrage and the discount on crypto deposit. All is good as of now.
2023-01-13 13:30
Reply
0
1
番茄就是西红柿
more than one year
This company is the shame of the forex industry! The threshold of 1 USD to open a standard account is only a bait, so that you use high leverage and lose and pay more, because it does not offer negative balance protection at all!
2022-11-30 14:53
1
0
0
Pp29114
more than one year
Fraud company! Their seemingly attractive conditions are just to lure you to invest. Do you think that you will not lose much if you only deposit 1 dollar? On the contrary, they just take advantage of your petty and cheap psychology to make you lose everything. Although you only invested $1, they will make you a lot of profits and let you taste the sweetness, If you want to withdraw the profits, however, you have to deposit more money. At last, you were tempted to save more money, and they got a
2022-11-28 11:54
1
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FX1061914763
more than one year
One of my friend recommend this platform to me. He said he was impressed by this platform’s generous leverage, deposit bonus, low entry threshold… But I checked out this broker’s regulatory details, disappointingly to find that this broker is totally unregulated! This makes me feel extremely unsafe, I’d better choose some well-regulated ones.
2022-11-28 10:14
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