Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
FxGlory Pros & Cons
- minimum deposit is $1;
- no limitations on strategies (scalping, hedging, algorithmic trading are allowed).
- order processing method is STP (passing orders to liquidity providers, routing orders to the ECN system is not provided);
- high spreads: from 2 pips for the standard account (due to the STP model being used);
- relatively complex fee schedule and calculation of the minimum withdrawal amount. Differentiation of fees depends on the withdrawal amount and payment method;
- the website is available only in English;
- no cent accounts;
- no regulation;
- responses of customer support are delayed.
FxGlory has attracted a significant client base despite lacking a reputable regulatory license. The broker offers several account types with varying minimum deposits and extensive leverage options reaching up to 1:3000. While spreads start from 2 pips, which is above average, they can be as low as 0.1 pips on CIP accounts with no additional trading fees. Potential clients should carefully consider the broker's complex withdrawal fee structure.
FxGlory provides a free 3-month VPS service with a $1,000 minimum deposit, renewable for additional 3-month periods with further $1,000 deposits.
FxGlory is best suited for traders who prioritize high leverage and less restrictive trading conditions over regulatory oversight.
TU Expert Verdict
FxGlory demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
FxGlory User Reviews
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5-star
6%
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4-star
21%
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3-star
49%
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2-star
13%
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1-star
11%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria4 /10The trading and non-trading commissions of FxGlory have been analyzed and rated as having High fees, with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FxGlory with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FxGlory’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FxGlory Standard spreads FxGlory OANDA FOREX.com EUR/USD min, pips 0.2 0.1 0.7 EUR/USD max, pips 2.0 0.5 1.2 GPB/USD min, pips 1.5 0.1 0.9 GPB/USD max, pips 3.0 0.5 1.4 Does FxGlory support RAW/ECN accounts?
As we discovered, FxGlory does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FxGlory. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FxGlory Non-Trading Fees FxGlory OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 3-9 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 3-5 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is FxGlory Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria2.5 /10FxGlory has a safety score of 2.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Negative balance protection
- Track record over 15 years
- Not tier-1 regulated
- Not regulated
FxGlory Security Factors Foundation date 2011 Negative balance protection YesVerification (KYC) YesFxGlory is Not a Regulated Broker
Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.9 /10FxGlory offers the following account options: Demo, Standard, Swap Free, VIP.
However, FxGlory does not provide an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.
- Standard account with balanced trading conditions
- Demo account
- Exclusive VIP account with enhanced trading conditions
- No ECN/Raw spread account
- No Cent account
FxGlory account types vs top competitors FxGlory Trading.com Plus500 Standard YesYesYesECN/Raw spread NoNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free YesNoNoVIP YesNoNoManaged NoNoNoFxGlory accounts trading conditions
FxGlory offers several account types that differ in the level of minimum deposit, maximum volume of opened positions, stop-out level, etc.
Account types:
Account Type Description Standard This is an account for novice traders with a minimum deposit of $1 ($100 for MT5) and maximum volume of 1 lot. The minimum order is 0.01 lot, leverage is up to 1:3000; Premium This is an account for professional traders with a minimum deposit of $1,000 and maximum volume of 10 lots. The minimum order is 0.01 lot, leverage is up to 1:2000; CIP Account with a minimum deposit of $50,000. The spread starts from 0.1 pips, but the leverage is only up to 1:10 and the minimum lot size is 1.; VIP This is an account for trading large position volumes. The minimum deposit is $5,000, the maximum volume is up to 200 lots, leverage is up to 1:400; -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.5 /10FxGlory received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
FxGlory provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bank card deposits and withdrawals
- No deposit fee
- Bank wire transfers available
- USDT (Tether) supported
- Limited deposit and withdrawal flexibility, leading to higher costs
- BTC not available as a base account currency
- Wise not supported
What are FxGlory deposit and withdrawal options?
FxGlory provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Skrill, Neteller, BTC, USDT.
FxGlory Deposit and Withdrawal Methods vs Competitors FxGlory Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal YesNoYesWise NoNoNoBTC YesNoNoWhat are FxGlory base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FxGlory supports the following base account currencies: USD.
What are FxGlory's minimum deposit and withdrawal amounts?
The minimum deposit on FxGlory is $1, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FxGlory’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria3 /10FxGlory offers a limited selection of trading assets compared to the market average. The platform supports 45 assets in total, including 40 Forex pairs.
- 40 supported currency pairs
- Multiple markets
- Crypto trading not available
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by FxGlory with its competitors, making it easier for you to find the perfect fit.
FxGlory Trading.com Plus500 Currency pairs 40 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 45 69 2800 Stocks NoNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoNoYesStock indices NoNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products FxGlory offers for beginner traders and investors who prefer not to engage in active trading.
FxGlory Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at FxGlory by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10We successfully registered an account with FxGlory in 10 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FxGlory is $1. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fast registration time (up to 15 minutes)
- Quick KYC verification (1 business day or less)
- Fully online account opening process
- Account setup process may feel less convenient for beginners
FxGlory account opening FxGlory Trading.com Plus500 Online Registration YesYesYesMinimum deposit $1 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 10 20 KYC time (days) 1 2 3 Is FxGlory available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To start trading with FxGlory, you need to register an account. Note that by registering through the Traders Union rebate service you can save on the spread. Take the following steps:
Register for free on the Traders Union website and use a referral link to go to the FxGlory website. On the homepage, click Open a Demo Account. You can also open a Live Account from the homepage or in the For Traders menu.
On the next page, download the MT4 or MT5 trading platform and follow the instructions. Opening a demo account does not provide you with access to a User Account.
To register a User Account, click Client Cabinet at the top of the homepage.
Pass authorization by filling out the form offered by the broker. Confirm registration using the link that will be sent to your email. After you confirm your email, another letter will be sent with the login and password.
The following features are available in user accounts:
- Managing open accounts;.
- Financial information (withdrawals, deposits, accruals)..
User accounts also provide access to other useful features:
- editing personal information after passing verification;
- statistics on proceeds from attracted referrals;
- support service.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7.9 /10FxGlory received a score of 7.9/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- Trading bots (EAs) allowed
- Strategy (EA) Builder is available
- Free VPS for uninterrupted trading
- One-click trading
- No TradingView integration
- No access to cTrader and its advanced tools.
- No access to API
Supported trading platforms
FxGlory supports the following trading platforms: MT4, MT5, WebTrader. This selection covers the basic needs of most retail traders. We also compared FxGlory’s platform availability with that of top competitors to assess its relative market position.
FxGlory Trading.com Plus500 MT4 YesNoNoMT5 YesYesNocTrader NoNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey FxGlory’s trading platform features
We also evaluated whether FxGlory offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators 68 Tradable assets 45 Additional trading tools
FxGlory offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
FxGlory trading tools vs competitors FxGlory Trading.com Plus500 Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoYesNoAPI NoNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. YesNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. YesNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria2 /10FxGlory supports mobile trading, offering dedicated apps for both iOS and Android. FxGlory received 2/10 in this section, which suggests limited user interest or weak performance of the apps.
- Android and iOS apps
- Weak user feedback on iOS
We compared FxGlory with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
FxGlory Trading.com Plus500 Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 0,00 50,000 10,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 0 4.8 4.7 Google Play score 0 4.7 4.4 Mob. 2FA NoYesYesMob. Indicators NoYesYesMob. Alerts NoYesYes -
Customer Support
Score:We evaluated Customer Support at FxGlory by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria7.7 /10FxGlory provides generally reliable customer support with access through several contact options. Response times are acceptable, although occasional delays may occur.
In TU testing, support answered within a reasonable timeframe, and communication was mostly clear. While the overall service is stable, there is room for improvement in speed or consistency.
InformationThe broker’s support service is available 24 hours a day, 5 days a week.
- The support service responds relatively quickly
- Live chat is available
- Not available on weekends
- No support in languages other than English
Support service can be contacted the following ways:
- by email and phone number of corresponding offices;
- by ordering a call back;
- live chat on the broker’s website;
- by using the feedback form.
The support service is available on the broker’s website and in user accounts.
Contacts Foundation date 2011 Registration address PKF corporate Services building, 1st floor, Meridian Place, Choc Estate, Castries, Saint Lucia Official site fxglory.com Contacts support@fxglory.com +44322473800
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FAQs
How safe is trading with FxGlory in terms of regulation and client protection?
FxGlory has a safety score of 2.5/10 and is described as having a low security level, as it is not regulated and does not hold Tier-1 regulation. The broker does offer negative balance protection and requires KYC verification, but the lack of regulation may increase risks related to investor protection and withdrawal guarantees, as noted in the section.
What commissions and fees should traders expect at FxGlory?
FxGlory’s overall fees are rated as high, with a fees score of 4/10, and its Forex trading fees are described as above average. The broker has no deposit or inactivity fees, but charges withdrawal fees of 3–9% or $3–5, and does not provide ECN/Raw Spread accounts, with Standard account spreads on EUR/USD typically ranging from 0.2 to 2.0 pips and GBP/USD from 1.5 to 3.0 pips.
What do FxGlory user reviews and feedback indicate about the broker?
FxGlory has a user satisfaction score of 5.9/10 based on 157 reviews, with a rating distribution showing 5% 5-star, 20% 4-star, 50% 3-star, 13% 2-star, and 11% 1-star feedback. According to user reviews, overall sentiment is mixed, with a large share of average (3-star) ratings and smaller portions of very positive or very negative experiences.
What deposit and withdrawal options and fees does FxGlory offer?
FxGlory provides a basic range of funding methods, including bank cards, bank wire, PayPal, Skrill, Neteller, BTC, and USDT, and supports USD as the base account currency. The minimum deposit is $1 and the minimum withdrawal is $5, with no deposit fee but withdrawal fees applying, and some methods like Wise and BTC as a base currency are not supported.
What markets and tradable assets are available at FxGlory?
FxGlory offers a total of 45 tradable assets, including 40 currency pairs and commodity futures, but does not provide stocks, crypto, stock indices, options, bonds, ETFs, copy trading, PAMM investing, or managed accounts. The asset selection is described as limited compared to the market average, although it does cover multiple markets within its available range.
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Totally agree with your review! The platform is really simple and convenient, and I like the set of tools too. But about the mobile app - I had the same problems, sometimes glitches, especially at times when it is important to react quickly to the market. I hope they will fix it soon. Otherwise, the service is good, especially the speed of deposits and the variety of payment methods.