|Rating||66 % 34 %|
|Trading software||MetaTrader4 desktop/mobile, WebTrader|
|Headquartered||Fxglory Ltd, Suite 305, Griffith Corporate Centre , P.O. Box 1510, Beachmont Kingstown , St. Vincent and the Grenadines|
FxGlory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit. Though, we do not charge our clients for this service. The spread offered by the broker ranges from 2 to 10. Also, the trades of our clients are automatically connected to a bank. To name some of our precious advantages we can say the fast execution of the trades and the minimum spread on trades. Moreover, Periodically, Our Company considers a huge budget for giving bonus to those clients who deposit in their accounts. Another precious advantage of our company is having no minimum amount for depositing and withdrawing.
This opportunity helps the client to test our services with even a small amount of money. Also, our broker takes no taxes on the profit of its clients. Also, considering that we accept most kinds of electronic money, our company has got a special welcome by the American clients. About our bonus, we should say that this bonus on depositing money will help the margin and therefore decrease the risk of trading for the clients. This bonus is provided from our gigantic and unlimited advertising budget. Furthermore, we have some especial conditions like decreasing the spread and account managing by our professional money managers for those clients who deposit more than 100,000$ in their account.
In 2011, Fxglory was established in the Department of Economic Development of the U.A.E. After one year experience in Asia, Fxglory opened its new branches in some europe countries. In order to expand our services, we decided to open new branches in other countries. Recently we established our new office in Saint Vincent and the Grenadines with registration number of 23463.
FxGlory for Professionals
Although the capital of the clients will be kept and registered in separate trading accounts, broker FxGlory is allowed to use the total amounts of the capital. Thus, the financial managers of the company will use some part of the capital in different economic activities, also in improving and developing the brokerage itself in scientific and methodical ways. Therefore, the company will give the clients an amount of gained profit from its economic activities according to its statistics and reports. This amount of profit is variable from 2% to 18% in a year. We believe that the most important point for every professional trader is the security of the brokerage from different aspects of trading. In the following, we present some rules of our brokerage regarding the security of our clients:
A client should withdraw fund by the same account from which he/she has deposited the initial fund. If a client changes his/her account, the company will use different methods, like contacting via telephone, to confirm the identity of the client. All the clients are allowed to use EAs (Expert Advisors) on their trading accounts.
They can use an EA after transforming their profitable strategy to a profitable EA. One of the most important points about EA, on which all the professional traders are agreed, is that transforming profitable strategies to EAs is a very important and useful way to prevent the losses that are caused by the personal feelings of a trader. As an advantage for professional traders, we provide free VPS (99.9% up time) for those traders who like to use EAs.
Those who are eager to use our free VPS should
Open an account in order to use the EAs.
Have a minimum capital of $1000 in their trading accounts
FxGlory Trading Information 2021
|Address||Fxglory Ltd, Suite 305, Griffith Corporate Centre , P.O. Box 1510, Beachmont Kingstown , St. Vincent and the Grenadines|
|Free phone||+(44) 744 190 6300|
|24 hour support|
|Sponsorship contests, competitions|
|1st deposit bonus|
|Trading by phone|
|24 hour trading|
|Accepts US traders|
|Digits after the dot in quotes||4|
|Minimum position size||0.01|
|Pip spread on majors||2|
|Standard account, $||1|
|Mini account, $||1|
|Popular payment methods||PayPal, Credit Cards, Skrill, OKPAY,Payza, Neteller, WebMoney, LiqPay,WIQI, SOFORT, GiroPay,Przelewy24 , Wire transfer, Cryptocurrencies|
|Platforms||MetaTrader4 desktop/mobile, WebTrader|
FxGlory Reviews and Comments
So far this is what I have learned about FxGlory. They are definitely engaged in some shady practices. I will start with the software itself. I had deposited 60 dollars in my account just to try it out and when I went to enter lot size I put 2 instead of point 2 and it instantly wiped my account. The spread was more than the money I had in my account and it just emptied my account keeping the spread without opening my position. I would chalk this up to a bug possibly (it should give you some kind of warning message and ask you to confirm) but since these other "bugs" also exist I will venture out on a limb and say this was done by design. The second shady issue is that if there is a candle price spike there is a either a delay or the siftware wont even report it to you. I was using Oanda and FxGlory at the same time with the same position on a play and the price spiked 14 points on Oanda while on fxglory it didn’t show up. You can bet your bottom dollar any downward price spikes shop up instantly however. The third issue is that when there is a downward price spike if you try to close your position NOW a message will pop up telling you the price has changed since you hit the button do you want to continue to close the position. Like wtf is this? Why would you ever need a message telling you something is lower than when you tried to close it. The net effect is that if something is free falling and you try to close you could an infinite amount of these pop ups in a row because the price changed again since you tried to confirm even, and it will do another pop up to confirm your confirm etc. The software was very clearly designed to try to do any kind of little shady tactic to ensure you lose money on the small details. I haven’t even tried to do a cash out yet so I will make an update when I do.
Bodhi 22 Apr 2021 Reply
Please, never deal with this FXglory scam, I deposited $1400 and I made about $6000 and I stop trading. I want to withdraw, they stop me to contact by live chat, by emails within 7 days. I hit "withdrawal" in "client cabinet", I saw "withdrawal application" but nowhere to hit mouse to do the withdrawal. So yesterday on Jan 7, 2021, I start trading again, and I lost all my money. But don’t trust FXglory, you cannot withdraw money as you want. They lied about your computer system on your side.
Tom Tran 7 Jan 2021 Reply
During to my 10 years trading journey Back to 2014 this is the only broker in my life that stole both of my profits and original deposit. moreover, they left my account with a negative balance. What happened that they eat a total of 8000$ 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 Dec 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 Nov 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 Aug 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 Aug 2020 Reply
Worst broker ever they trade against you, they prohibit you from adding a stop loss or take profit once your order have been place and their customer service does not even know what they are talking about and they always come up with excuse to do with client network.
Idris 16 Jun 2020 Reply
I tried to see the good through the bad reviews but they literally EAT your money, the one click trade button when you sell WONT work and this server WILL close trades when they’re finally negative and when you contact them they beat around the bush basically trying to say thank you for paying them.
Demi 11 Mar 2020 Reply
If you want to deposit everything is ok, it’s really fast. But if you want to withdraw, then it all starts! You have to verify your account (strange you don’t need to verify it when depositing). To verify my address, I sent them: the backside of my government-issued ID with address – rejected; utility bill for electricity – rejected; bank statement for last month – rejected. The same documents that are accepted by FCA/ASIC/CySEC brokers are not good enough for this offshore, dodgy broker! It’s all clear now: they do NOT want you to withdraw and they do everything to keep your money!
Milan 21 Oct 2019 Reply
Do not use them. They will easily close your account! Give hard time with withdrawls aswell. Take your money elsewhere.
Hector 4 Oct 2019 Reply
All FxGlory Reviews