Independent broker review

FXGlory Review 2026

FXGlory may suit experienced Forex traders who use MetaTrader and are prepared to accept the risks of trading without reliable regulation.

  • FXGlory is trusted. Tested via live trading.
Updated

Highlights of FXGlory

FXGlory Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5GloryTrader
compare FXGlory trading accounts

FXGlory is an international Forex and CFD broker that has operated since 2011 and is registered in Saint Vincent and the Grenadines. The company offers trading in currency pairs, commodities, and cryptocurrencies through MetaTrader 4, MetaTrader 5, and GloryTrader. The minimum deposit is just $1, while fixed spreads, Islamic accounts, and leverage up to 1:3000 are available, making the terms accessible to traders with limited starting capital. Clients also have access to several account types, demo accounts, a deposit bonus, and a VPS service for automated trading.

FXGlory Pros and Cons

Pros

  1. Minimum deposit from $1.
  2. MetaTrader 4, MetaTrader 5, and GloryTrader are available.
  3. No swaps on most accounts.
  4. A demo account and free VPS are available subject to meeting the requirements.

Cons

  1. No financial regulator license.
  2. Spreads on the Standard account are above average.
  3. High withdrawal fees.
  4. The ECN account commission is not disclosed.
  5. Limited selection of trading instruments.

FXGlory reviews

Leave a review of your experience:

Rating:

FXGlory Broker Overview

Foundation Year
2011
Official Website
https://fxglory.com
Regulated in Countries
Minimum Deposit
  • 1 USD
Spread
from 0.1 points
Max Leverage
1:3000
Trading Assets
  • Forex
  • Precious Metals
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader
Email Support
Hotline Phones

FXGlory was founded in 2011 and positions itself as an international Forex and CFD broker. The brand is operated by Glory Group Limited, a company registered in Saint Lucia under number 2023-00207. Operations and customer service are managed from the office in Tbilisi, Georgia.

FXGlory's primary business is providing access to online Forex and CFD trading. The broker's clients can trade currency pairs, metals, commodities, stocks, indices, and cryptocurrencies through MetaTrader 4, MetaTrader 5, and GloryTrader.

FXGlory Review Summary

FXGlory's rating is based on our broker evaluation methodology, which considers the company's reliability, trading conditions, fees, available platforms, deposit and withdrawal methods, support quality, and other important factors.

Continue reading the review to learn more about FXGlory's features, trading conditions, and what it is like to work with the broker.

Reliability and Regulation

Rating:2.2/5
Legal EntityRegulator
lc Flag
-

FXGlory does not hold a financial regulator license, and the stated registration of Glory Group Limited in Saint Lucia does not provide clients with regulatory protection. In the event of a dispute, traders cannot appeal to a specialized supervisory authority or rely on payments from a compensation fund.

The company's legal status also raises additional concerns. The official gazette of Saint Lucia states that Glory Group Limited was struck off the register on October 24, 2025, for failing to submit documents concerning a change of registered agent. Nevertheless, FXGlory continues to list this company as the owner of the brand. The broker claims to have measures in place to protect accounts and client data but does not publish licenses, audit reports, or information about the banks where traders' funds are held. Therefore, FXGlory's long operating history does not compensate for the lack of transparent regulation and verified safeguards for client funds.

Account Opening

Rating:5/5

Opening an FXGlory account is completed entirely online. The client first creates a personal account and can then open one or more trading accounts by selecting a platform, account type, and mode — live or demo.

Registration

At the beginning of registration, you must choose a personal or corporate account. You then enter personal and contact information: first name, last name, gender, email address, phone number, country, and date of birth. You will also need to provide your residential address, while referral partner details can be added optionally. Before submitting the form, the system prompts you to review the information entered.

FXGlory Registration Form
FXGlory Registration Form

After creating a personal account, a trading account is opened separately. In the accounts section, the client selects MetaTrader 4, MetaTrader 5, or another available platform, chooses live or demo mode, and then selects a suitable account type. Only one personal account can be registered per email address, but multiple trading accounts can be created within it.

Verification

FXGlory verification includes confirming your identity, residential address, and phone number. The broker accepts a passport, national ID card, or driver's license as proof of identity. A utility bill or bank statement can be used to verify your address. The phone number is verified by SMS or an automated call.

Verification on FXGlory
Verification on FXGlory

Documents must be uploaded in full and in good quality. Proof of address must have been issued no more than six months before the application date. According to the information in the client area, unverified clients can fund their accounts through certain electronic methods and place trades, but withdrawals will be unavailable. Verification is also required for deposits by bank card and PayPal.

Account Base Currency

The base currency for all FXGlory accounts is the US dollar. Trading balances are denominated in this currency, and payments, refunds, and withdrawals are also processed in it. The broker does not offer the option to select an account in euros or another currency.

Minimum Deposit

The minimum deposit at FXGlory starts from $1. This amount applies to the Standard account on MetaTrader 4, while the Standard version on MetaTrader 5 requires at least $100. The minimum deposit for the Premium account is $1000, while the VIP account requires $5000.

Account Types

Rating:4/5

FXGlory offers several account types, and the selection may depend on the client's region. The main range includes Standard, Premium, and VIP, while Classic, Pro, and ECN are available in certain countries. Accounts differ in minimum deposit, spreads, leverage, and maximum trade size.

Trading Accounts

StandardPremiumVIPClassicProECN
Account CurrencyUSD
Minimum Deposit1 $1 000 $5 000 $1 $1 500 $3 500 $
Trading PlatformsMetaTrader 4MetaTrader 5GloryTraderMetaTrader 4
Spreadfixedfrom 2 pipsfixedfrom 1.5 pipsfixedfrom 0.7 pipsfixedfrom 2 pipsfixedfrom 1.5 pipsfloatingfrom 0.1 pipsfor EURUSD~ 0.2 pips
Commission per TradeNo commission
Trading AssetsForexPrecious MetalsCryptocurrency
Opened Positionsup to 20up to 100up to 200up to 100
Leverage1:1-1:30001:1-1:20001:1-1:4001:1-1:200
Margin Call / Stop Out60% / 30%50% / 30%30% / 10%70% / 50%
Order ExecutionMMECN
Demo Account
Islamic Account

FXGlory offers two ranges of trading accounts. The available selection depends on the client's region and chosen platform.

  • Standard — suitable for beginner traders and clients with limited capital. The minimum deposit starts from $1 on MT4 and $100 on MT5, spreads start from 2 pips, there is no trading commission, and leverage reaches 1:3000.
  • Premium — designed for more experienced traders who need lower spreads and a larger maximum trade size. At least $1000 is required to open the account, spreads start from 1.5 pips, and there is no trading commission.
  • VIP — intended for clients with substantial trading capital. The minimum deposit is $5000, and spreads start from 0.7 pips. No trading commission is charged.
  • Classic — the basic account in the alternative range, with a minimum deposit from $1. It is suitable for trading small volumes and offers spreads from 2 pips and leverage up to 1:200.
  • Pro — aimed at active and experienced traders. At least $1500 is required to open the account, spreads start from 1.5 pips, there is no commission, and the maximum trade size is 5 lots.
  • ECN — suitable for traders who value tight spreads and market execution. The minimum deposit is $3500, spreads start from 0.1 pips, and the maximum trade size reaches 10 lots. The account charges a commission that depends on the asset type, but the broker does not publish the exact rates.

Demo Account

FXGlory provides a free demo account for exploring the platform and testing trading strategies without risking real funds. When opening it, the client selects a trading platform but cannot specify a particular account type — the standard demo plan is used by default. However, leverage, the virtual deposit amount, and access passwords can be configured independently.

The demo account is suitable for learning the terminal, but it does not reproduce Pro or ECN conditions. The broker also warns that the full list of instruments may not be available on the demo account and that execution does not include order rejections. An inactive account is closed after 60 days.

Islamic Account

FXGlory does not provide a separate Islamic account in the client area. However, accounts without swap charges effectively serve this purpose. According to the verified specifications, Standard, Premium, and VIP accounts do not charge swaps, so they can be used as Islamic accounts. Swaps are charged on ECN accounts, so they should not be classified as Islamic accounts.

VPS

FXGlory provides a VPS for the continuous operation of trading platforms, Expert Advisors, and automated strategies. Server access depends on the total balance of the client's trading accounts.

VPS Plan

RAM

CPU

Storage

Minimum Balance

Standard

2 GB

2 cores

40 GB SSD

$1000

Premium

4 GB

3 cores

80 GB SSD

$2500

VIP

8 GB

4 cores

160 GB SSD

$5000

A VPS can be ordered in the client area. One client may use up to 20 virtual servers simultaneously, provided the balance requirements are met.

Commissions

Rating:2/5

FXGlory's fee structure can hardly be called competitive. On the Standard account, the broker uses fixed spreads that are noticeably above the market average, while withdrawals involve substantial fees. The absence of swaps partially offsets trading costs, but the lack of transparency regarding the ECN account commission significantly lowers the overall rating.

Spreads and Swaps

The fixed EUR/USD spread on the Standard account is 2 pips. This is high for a standard account, as many brokers offer an average spread below 1.5 pips on this pair. A fixed rate makes it possible to estimate costs in advance but makes FXGlory less attractive for scalping and frequent trading.

Other accounts advertise spreads from 1.5 pips on Premium and Pro, 0.7 pips on VIP, and 0.1 pips on ECN. The broker does not charge swaps on standard accounts, which benefits traders who hold positions for several days.

AssetAverage spreadSwap longSwap short
EURUSD2.0 pips0.00 pips0.00 pips
GBPUSD3.0 pips0.00 pips0.00 pips
USDCHF3.0 pips0.00 pips0.00 pips
USDJPY3.0 pips0.00 pips0.00 pips
USDCAD4.0 pips0.00 pips0.00 pips
AUDUSD3.0 pips0.00 pips0.00 pips
NZDUSD4.0 pips0.00 pips0.00 pips

Trading Commission

No separate trading commission is charged on Standard, Premium, VIP, Classic, and Pro accounts — the main trading costs are included in the spread.

The ECN account charges a commission, but its exact amount is not published anywhere by the broker. The account table states only that the rate depends on the asset type. Our support request was forwarded to the relevant department, but no specific answer was received even after a full day.

This lack of transparency is especially critical given the ECN account's minimum deposit of $3500. Depositing a substantial amount without knowing the full cost of each trade is inadvisable.

BrokerFP MarketsRawLibertexMT5 MarketFXGloryVantageRawEightcapRaw
Commissionper 1 lot$3.00per 1 lot$3.00per 1 lot$3.00per 1 lot$3.50

Account Inactivity Fee

FXGlory does not specify a separate recurring inactivity fee. However, the user agreement provides for the deactivation of accounts that have not been used for more than six months or have a balance below $15. This cannot be considered a standard inactivity fee, but owners of small and rarely used accounts should consider the risk of deactivation.

Withdrawal Fee

FXGlory charges fees for nearly all withdrawal methods, and some rates are significantly above the market average.

Withdrawal Method

Fee

PayPal

9%

Skrill

3% + $3

Neteller

4% + $3 for amounts below $50

Bank Card

5% for amounts below $300

SticPay

from 5% to 15%

Cryptocurrencies

from 0% to 5% + $20

Bank Transfer

9% for a $1000 withdrawal

Compared with brokers that do not charge their own withdrawal fees, FXGlory's terms look expensive and represent one of the company's notable drawbacks.

Deposit and Withdrawal

Rating:3.5/5

FXGlory offers a fairly wide selection of deposit and withdrawal methods, including cards, bank transfers, electronic wallets, and cryptocurrencies. Deposits are generally processed quickly and without fees, but withdrawals may involve high charges, lengthy processing times, and differences between the terms shown on the website and in the client area.

Deposit Methods

Payment SystemCurrenciesDeposit FeeOperation Limit
PayPalPayPal
us FlagUSD
0%
from 100 USD
NetellerNeteller
us FlagUSD
0%
from 2 USD
SkrillSkrill
us FlagUSD
0%
from 1 USD
WebMoneyWebMoney
us FlagUSD
0%
from 1 USD
SticPaySticPay
us FlagUSD
0%
from 1 USD
SwiftSwift
us FlagUSD
0%
from 500 USD
Credit and Debit CardsCredit and Debit Cards
us FlagUSD
0%
from 50 USD
CryptocurrencyBlockchainDeposit FeeOperation Limit
Логотип BitcoinBTC (Bitcoin)BTC
0%
from 25 USD
Логотип EthereumETH (Ethereum)ERC20
0%
from 25 USD
Логотип DashDASH (Dash)DASH
0%
from 25 USD
Логотип TRONTRX (TRON)TRC20
0%
from 25 USD
Логотип TetherUSDT (Tether)TRC20
0%
from 25 USD
Логотип TetherUSDT (Tether)ERC20
0%
from 25 USD
Логотип DogecoinDOGE (Dogecoin)DOGE
0%
from 25 USD
Логотип Bitcoin CashBCH (Bitcoin Cash)BCH
0%
from 25 USD
Логотип LitecoinLTC (Litecoin)LTC
0%
from 25 USD

To deposit funds, you need to select a trading account, payment method, and deposit amount.

FXGlory does not charge its own fee for regular account deposits. Instant payments are credited immediately, while a bank transfer may take up to seven business days. The card must belong to the owner of the trading account.

For cryptocurrency deposits above $2000, the broker offers a discount of up to 5% on currency conversion. The client area also supports transfers between your own trading accounts and to another FXGlory client's account.

Deposit Bonus

Standard, Premium, and VIP accounts offer a bonus equal to 50% of the deposit amount. To receive it, the relevant option must be selected before making the payment. The maximum bonus is $500 for Standard, $1000 for Premium, and $2000 for VIP. No bonus is available on Classic, Pro, or ECN accounts.

The bonus is credited as trading credit and cannot be withdrawn. When a significant portion of the client's own funds is withdrawn, the bonus may be reduced proportionally. The broker's rules prohibit using the bonus to hedge positions between different accounts.

Withdrawal Methods

Payment SystemCurrenciesWithdrawal FeeOperation Limit
PayPalPayPal
us FlagUSD
9%
from 100 to 2500 USD
NetellerNeteller
us FlagUSD
4%
from 5 USD
SkrillSkrill
us FlagUSD
3%+ 3 USD
from 5 USD
WebMoneyWebMoney
us FlagUSD
0%+ 3 USD
from 5 USD
SticPaySticPay
us FlagUSD
5%
from 5 USD
SwiftSwift
us FlagUSD
9%
from 500 USD
Credit and Debit CardsCredit and Debit Cards
us FlagUSD
5%
from 10 USD
CryptocurrencyBlockchainWithdrawal FeeOperation Limit
Логотип BitcoinBTC (Bitcoin)BTC
0%
from 5 USD
Логотип EthereumETH (Ethereum)ERC20
0%
from 5 USD
Логотип DashDASH (Dash)DASH
0%
from 5 USD
Логотип TRONTRX (TRON)TRC20
0%
from 5 USD
Логотип TetherUSDT (Tether)TRC20
0%
from 5 USD
Логотип TetherUSDT (Tether)ERC20
0%
from 5 USD
Логотип DogecoinDOGE (Dogecoin)DOGE
0%
from 5 USD
Логотип Bitcoin CashBCH (Bitcoin Cash)BCH
0%
from 5 USD
Логотип LitecoinLTC (Litecoin)LTC
0%
from 5 USD

A withdrawal request is created in the Finance section of the client area. The client selects a trading account, payment method, and amount, and enters the required details. The account must be verified before the transaction can be processed.

For cards and electronic wallets, the minimum request is generally $50 when the balance exceeds $50; if the account holds less, the entire remaining amount can be requested.

Card withdrawals may take from 1 to 15 business days, bank transfers from 1 to 10 days, PayPal from 1 to 72 hours, and other methods from 1 to 24 hours on business days.

Markets and Products

Rating:2/5

FXGlory offers a relatively small selection of trading instruments. The offering is centered on currency pairs, supplemented by precious metals and cryptocurrencies. This selection may suit traders focused on Forex and major CFDs, but there are few opportunities for broad portfolio diversification.

Which Markets Are Available?

FXGlory offers a limited selection of trading instruments focused primarily on the Forex market. Traders can access 38 currency pairs, including major, minor, and selected exotic pairs. In addition to currencies, the broker offers 6 cryptocurrency instruments and 6 metal instruments.

BrokerFP MarketsFXGloryLibertex
Forex813851
Precious Metals1765
Energy Carriers56
Soft Commodities76
Indices1836
Stocks566139
ETF5810
Bonds23
Cryptocurrency12679

FXGlory's asset selection is noticeably narrower than that of many multi-asset CFD brokers: the terminal lacks separate categories for stocks, stock indices, ETFs, and bonds. Therefore, the broker is better suited to traders focused on currency pairs, metals, and cryptocurrencies.

Leverage

Maximum leverage depends on the account type and balance. It reaches 1:3000 on Standard, 1:2000 on Premium, and 1:400 on VIP. For Classic, Pro, and ECN accounts, maximum leverage is limited to 1:200.

FXGlory also automatically reduces available leverage as account funds increase: up to 1:3000 for balances below $1000, up to 1:1000 for amounts from $2000, up to 1:400 for balances from $5000, and up to 1:100 for amounts above $30 000. Leverage is not automatically increased again — the setting must be changed manually in the client area.

Trading InstrumentMax. Leverage for Retail Traders
Forex
1:3000
Precious Metals
1:3000
Cryptocurrency
1:1

The broker reserves the right to temporarily reduce leverage before major news events, market openings or closings, and during periods of instability. Leverage up to 1:3000 is one of FXGlory's main features, but using it significantly increases the risk of rapidly losing funds.

Trading Platforms

Rating:5/5

FXGlory offers MetaTrader 4, MetaTrader 5, and its proprietary browser-based GloryTrader platform. MetaTrader terminals are available for Windows, macOS, Android, and iOS, as well as in a web version. This selection allows users to trade from a computer or mobile device, perform technical analysis, and run automated strategies.

MetaTrader 4

MetaTrader 4
MetaTrader 4

MetaTrader 4 is FXGlory's primary terminal and is suitable for both manual and algorithmic trading. The platform supports market and pending orders, one-click trading, Stop Loss, Take Profit, and trailing stops. For analysis, 9 timeframes, 30 built-in indicators, and graphical tools are available.

One of MT4's main advantages is support for trading robots and custom indicators written in MQL4. The terminal is available in desktop, mobile, and browser versions. However, automated Expert Advisors work fully only in the installed desktop application.

MetaTrader 5

MetaTrader 5
MetaTrader 5

MetaTrader 5 is a more modern version of the terminal with expanded analysis and order management capabilities. The platform supports 21 timeframes, chart trading, market depth, additional pending order types, and automated strategies written in MQL5.

FXGlory clients can use MT5 on Windows, macOS, Android, and iOS or launch WebTrader in a browser without installing the program. The platform's interface is more complex than MT4's, but it is better suited to traders who need more flexible charts, advanced analysis, and modern algorithmic trading tools.

GloryTrader

GloryTrader is FXGlory's proprietary browser-based platform, which does not require separate software installation. It can be used to trade currency pairs, metals, and cryptocurrencies. The terminal works in popular browsers and is available in two versions — Classic and Pro.

GloryTrader Classic is designed for straightforward manual trading. It offers a unified instrument list, charts with technical indicators, one-click trading, and displays of balance, free margin, and current risk. Users can also change the color theme and time zone.

GloryTrader Classic
GloryTrader Classic

GloryTrader Pro is designed for more experienced traders. The platform offers market depth, tick charts, workspaces with multiple charts, and advanced order settings. Both versions can be tested in demo mode, but GloryTrader falls short of the MetaTrader ecosystem in terms of third-party indicators and trading robots.

GloryTrader Pro
GloryTrader Pro

Analytics

Rating:3.5/5

FXGlory's analytical materials are published on the broker's official website. The client area does not have a separate section for research, trading ideas, or a news feed. Users have access to interactive charts, technical indicators, forecasts for selected currency pairs, an economic calendar, and several auxiliary calculators.

Analysis Tools and Forecasts

FXGlory creates separate pages for major currency pairs with current quotes and brief market information. These pages provide an interactive chart, historical data, and a summary of technical signals across several timeframes. Most of these tools are based on TradingView widgets and are therefore not the broker's own development.

FXGlory Analysis Tools
FXGlory Analysis Tools

FXGlory's own analysis consists of forecasts for selected currency pairs. These generally include fundamental and technical analysis, a description of current price movement, indicator readings, support and resistance levels, and an overall market conclusion. Materials are published irregularly and do not cover all available instruments.

The website also includes an economic calendar and a margin calculator. The latter can calculate the required margin based on the currency pair, price, position size, leverage, and deposit bonus.

FXGlory Margin Calculator
FXGlory Margin Calculator

News

FXGlory's news and analytical publications are available only on the public website. The broker publishes materials about the currency market, macroeconomic events, changes to trading conditions, promotions, and updates to its services.

Market news on FXGlory
Market news on FXGlory

There is no integrated news feed in the client area, so traders must visit the website and check for new publications themselves. In terms of content volume and frequency, the section falls short of the analytical services offered by major brokers, which provide daily reviews, trading ideas, and expert commentary directly within the trading environment.

Education

Rating:3/5

FXGlory offers useful and fairly detailed articles on Forex fundamentals, technical analysis, strategies, and risk management. The materials are well structured and contain examples, tables, and checklists, but the education offering is limited to English-language articles: there are no webinars, video tutorials, podcasts, tests, or comprehensive courses.

Educational Articles

The articles are divided into several categories: Forex fundamentals, trader resources, technical analysis, and trading strategies. Beginners can access materials about Bid and Ask prices, spreads, the history of the currency market, demo accounts, and ways to earn money on Forex. More experienced users are offered guides on selecting strategies, managing risk, and applying technical tools.

Most publications have a clear structure, including key takeaways, a table of contents, examples, tables, checklists, and answers to frequently asked questions. The author, publication date, and most recent update are listed for each article. The materials are fairly detailed but are available only in text format; there are no video tutorials, tests, or step-by-step educational programs.

Customer Support

Rating:4/5

FXGlory offers several ways to contact support, including live chat, email, phone, a contact form, and a ticket system in the client area. Chat operators connect fairly quickly, but responses to questions that require clarification from a specialized department may take noticeably longer.

How Can You Contact Support?

You can contact FXGlory support in the following ways:

  • live chat on the website;
  • a ticket in the client area;
  • email at support@fxglory.com;
  • phone line +44 744 190 6300;
  • the contact form on the website.

The contact page also lists separate phone numbers and email addresses for the United Kingdom, Australia, Spain, and Cyprus, as well as contact details for offices in Saint Lucia and Tbilisi.

Support Hours

Tickets can be created around the clock. The exact operating hours of live chat and phone support are not specified on the website. Chat representatives state that requests are generally reviewed within 24 hours, although responses may take longer in some cases.

Customer Support Reviews

During our test, an operator joined the live chat almost immediately. However, the representative could not answer a straightforward question about the ECN account commission and forwarded the request to the relevant department. The ticket remained unanswered for more than a day and had an “under review” status.

Therefore, FXGlory's first-line support responds quickly, but obtaining accurate information about trading conditions may take a long time. This is particularly noticeable when a question is forwarded to another department.

FXGlory Alternatives

Looking for FXGlory alternatives? Compare key features of FXGlory against its competitors.

Broker
XTrade LogoXTrade
MTrading LogoMTrading
FXGlory LogoFXGlory
ScoreCM LogoScoreCM
AvaTrade LogoAvaTrade
Rating
3.3/5
3.1/5
3.2/5
3.4/5
4.7/5
Minimum deposit
  • 250 USD
  • 10 USD
  • 1 USD
  • 10 USD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
Spreadfrom 1 pointsfrom 0 pointsfrom 0.1 pointsfrom 0.1 pointsfrom 0.6 points
Trading platforms
  • xTrade
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
ReviewsXTrade reviewMTrading reviewScoreCM reviewAvaTrade review
Broker comparisonFXGlory vs XTradeFXGlory vs MTradingFXGlory vs ScoreCMFXGlory vs AvaTrade

If you want to compare FXGlory with other forex brokers in more detail, go to the Forex Brokers Comparison page.

Conclusion

FXGlory may suit traders who value a low entry threshold, fixed spreads, no swaps on most accounts, and access to MetaTrader 4 and MetaTrader 5. The broker focuses primarily on trading currency pairs, metals, and cryptocurrencies. It may be considered by experienced traders who understand the risks of high leverage and are prepared to work with a company that lacks comprehensive financial regulation.

FAQ

Is FXGlory legit?

FXGlory is an operating broker, but its reliability is low. It does not publish a license from a recognized financial regulator. Moreover, although the website names Glory Group Limited as a Saint Lucia company, an official government notice states that this entity was struck off the register on October 24, 2025.

Which country is FXGlory from?

FXGlory states that it was founded in the UAE in 2011. The brand currently names Glory Group Limited in Saint Lucia as its operator, while day-to-day operations are managed from an office in Tbilisi, Georgia. However, the Saint Lucia company’s current legal status raises questions following its removal from the register.

Is FXGlory an ECN broker?

FXGlory offers an ECN account in certain regions, but not all its accounts use ECN conditions. The ECN account requires a minimum deposit of $3,500, offers spreads from 0.1 pips and charges a commission that varies by asset. The exact commission rates are not disclosed.

How does FXGlory make money?

FXGlory mainly earns through fixed spreads on Standard, Premium, VIP, Classic and Pro accounts. The ECN account also includes an unspecified trading commission, while additional revenue may come from withdrawal fees charged for many payment methods.

Is FXGlory good for beginners?

FXGlory has some beginner-friendly features, including a $1 minimum deposit, demo accounts and MetaTrader platforms. However, the lack of reliable regulation, leverage up to 1:3000 and relatively high trading and withdrawal costs make it a risky choice for inexperienced traders.

Does FXGlory offer a demo account?

Yes. A demo account can be created through the Client Cabinet or directly in MetaTrader. The user can configure parameters such as virtual balance and leverage, although Standard conditions are used by default rather than a selectable real-account type.

How can I open an account with FXGlory?

Applicants must be at least 18 years old. To open an account, complete the online registration form, confirm the email address and log in to the Client Cabinet. A real trading account can then be created by selecting the platform, account type and leverage. Identity verification is required before withdrawing funds.

How can I delete my FXGlory account?

To terminate a trading account, open Account — Dashboard in the Client Cabinet, select the account, click Action and choose Terminate. FXGlory states that the account’s information and trading history will be deleted. To close the entire client profile, contact support and submit a separate request.

What is the minimum deposit for FXGlory?

The lowest minimum deposit is $1 for a Standard MT4 or Classic account. A Standard MT5 account requires at least $100, while Premium, Pro, ECN and VIP accounts have considerably higher entry requirements.

What is the maximum leverage on FXGlory?

The maximum leverage is 1:3000 for accounts with equity below $1,000. It decreases as the account balance increases, falling to 1:100 when equity exceeds $30,000. Some account types, including ECN, are limited to 1:200.

How do I deposit funds in an FXGlory account?

Log in to the Client Cabinet, open the Deposit section, select a trading account and payment method, enter the amount and confirm the transaction. Available options may include cards, electronic wallets, bank transfers and cryptocurrencies, depending on the client’s region.

How do I withdraw money from FXGlory?

Complete account verification, open the Withdrawal section, choose the trading account and enter the amount and payment details. Funds generally have to be withdrawn through the same method used for the deposit. Withdrawals are processed by the Finance Department from Monday to Friday, and fees depend on the selected method.

Does FXGlory provide VPS?

Yes. FXGlory provides a free VPS for running MetaTrader and Expert Advisors continuously. The service requires a verified account and an initial deposit of at least $1,000; higher-balance clients may qualify for a more powerful VPS configuration.

Is FXGlory suitable for scalping?

FXGlory is not a suitable choice for scalping. The broker prohibits scalper Expert Advisors and treats certain short-term transactions as scalping. For example, opening an equal opposite position less than seven minutes after the original trade is considered scalping.

Is FXGlory suitable for auto-trading?

FXGlory supports automated trading through Expert Advisors on MetaTrader 4 and MetaTrader 5 and provides a VPS service. However, scalping, news-trading and arbitrage robots are prohibited, while third-party copy-trading systems are not permitted under the User Agreement.

Is FXGlory suitable for hedging?

Yes, FXGlory allows hedging within one account. However, an opposite trade of the same volume should be opened at least seven minutes after the first position; otherwise, the broker may classify the transaction as prohibited scalping.

Is FXGlory suitable for spread betting?

No. FXGlory does not advertise spread-betting accounts. Its available products are primarily Forex and CFDs on metals and cryptocurrencies, so traders looking specifically for spread betting would need a different type of provider.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.