FXGlory is an online broker that was founded in the year 2011. The broker offers great trading platforms and tools for trading currency pairs, commodities, shares, and stocks while giving traders a reliable and secure trading environment. They also have a great customer support team available 24/5 for traders.
Pros and Cons
FXGlory is run by a team of professional traders who know what a trader needs, in order to trade efficiently. They offer standard account types, free VPS, trading platforms for both desktop and mobile and trading tools for ease of trading. They also offer IB (Introducing Broker) and White Label programs for a better trading experience.
Coinexx offers its services to FXGlory offers its trading services across the globe except in the USA. The broker’s headquarters are in Dubai, UAE but they offer their services worldwide.
FXGlory offers the world’s most famous trading platform that is no less than a staple for most traders. The platform works great for traders at all levels. It offers a variety of trading charts and tools that help traders make appropriate trading decisions and take a step ahead in the market. Traders can also create and use EAs as per their trading requirements. The good thing is that MT4 can be customized as per the trading comfort of the trader. Traders can choose out of web, mobile, and desktop trading platforms.
FXGlory offers 4 types of trading accounts that the trader can choose from, namely- Standard, Premium, VIP, and CIP. The minimum deposit requirement for the standard account is just $1; for the premium account, it is $1,000; for the VIP account, it is $5,000; and for the CIP account, it is $50,000.
Just like the minimum deposit requirement, the leverage, lot size, spread size, and bonus also vary. The maximum leverage is offered on the standard account i.e. 1:3000 and the tightest spread is offered on the CIP account i.e. 0.1 pips. The good thing is that the broker doesn’t charge any commission on any of the accounts.
FXGlory offers plenty of payment options including bank transfers, debit/credit cards, cryptocurrencies, PayPal, NETELLER, Skrill, etc. The deposits can be made in a fast and secure manner without any hassle.
The same methods can be used for deposits and withdrawals. There are simple procedures to be followed for deposits and funds. Know that it can take 1 to 7 days for the bank wire transactions to show up in your account. The withdrawals get processed manually from Monday to Friday.
To open a live trading account with FXGlory, all you have to do is fill out a registration form that is available on the official website of the broker. You may be asked to provide your personal and financial details to open your account. You will also be required to verify your account.
FXGlory has become a popular name among traders for low trading costs. They have been in the market for over a decade and can be considered a good option for trading.