FxGlory

FxGlory is a forex broker which is not authorized and regulated by strict regulatory entities since it is an offshore company. It does, however, keep client funds in a segregated account. In complying with this, all client funds must be kept separate from the broker account, and they can only be used by traders to conduct trading activities.

he broker gives clients access to trading in forex and commodities. It does not hold a license from a respected regulatory body, which is a concern the safety of client funds cannot be guaranteed and limited legal channels will be available should one experience withdrawal issues or scam problems.

While headquartered in Dubai, FX Glory has offices in several locations, including Malaysia, Cyprus, Spain, and the United Kingdom. The broker also recently opened an office in Saint Vincent and the Grenadines.

The company was formed by a team of financial specialists, pursuing the provision of a better online trading experience with high leverage, zero commissions and rapid executions with use of the MetaTrader 4 trading platform and a WebTrader alternative.

FxGlory confidently holds the niche of companies providing classical services of professional trading. FxGlory’s priorities include technological development of an order processing and distribution system that would allow it to route orders directly to the ECN market in the future. This will reduce order execution time, provide traders with information about the market depth and volume and also reduce spread through market liquidit.

FXGlory Alternative Brokers

Due to safety issues we found with FXGlory, here we have come up with much better Alternatives to FXGlory with tight regulations and excellent trading conditions. We select Good Brokers and trustworty options for your comparison below:

Dukascopy – Excellent for Shares, Futures Trading
AvaTrade – Good Instrument and CopyTrading
InteractiveBrokers – Good for US Trading and Trading of Real Stocks

Withdrawal Options and Fees

• FxGlory processes withdrawals at the first request of a trader. The number of withdrawal requests is not limited.

• The following deposit/withdrawal options are available: SticPay, American Express, Perfect Money, cryptocurrencies, WebMoney, EPay, Wire Transfer, Neteller, Skrill, PayPal, Visa, Mastercard.

• There is a minimum withdrawal amount: from $5 depending on the payment system. Only PayPal has a daily withdrawal limit.

• Withdrawal processing time depends on the payment system and can be up to 8 business days.

• Deposit and withdrawal currencies include USD, and crypto wallets.

Apps

FxGlory offers a mobile trading app for traders convenience. Mobile trading allows traders to manage their accounts from portable devices like smartphones, pocket and tablet PCs. In MetaTrader 4, mobile trading offers a great variety of analytical options and graphical display of quotes in addition to complete trade account management. Using mobile terminals in daily activities offers a convenient way to keep up with accounts when traders don’t have access to a desktop computer. FxGlory mobile app is compatible with all Android and iOS devices.

Demo Account

FxGlory offers traders the opportunity to practice strategies and become familiar with the platform with their demo account option. By opening a demo account, traders are able to improve their trading skills and learn everything about the basics of Forex trading, rules and conditions, movements and crises of the Forex market.

FxGlory demo account demonstrates the real trading environment as similar as possible. A demo account expires after 60 days since its registration if it’s not active and isn’t used.

FXGlory Review Conclusion

We advise all investors and traders to avoid signing in with FXGlory. It is much safer to open a trading account with the brokers that are regulated by the respected world authorities and comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Dukascopy.