AvaTrade vs FXGlory Comparison
Compare trading conditions, commissions and platforms of Forex brokers AvaTrade and FXGlory. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - AvaTrade or FXGlory?
Our pick: AvaTrade
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - AvaTrade looks preferable to FXGlory.
AvaTrade scored 4.7/5 and ranks 1 in our all Forex brokers list, whereas FXGlory has 3.2/5 and ranks 69.
This is not financial advice. See the full comparison below.
Who is AvaTrade suitable for?
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
Who is FXGlory suitable for?
FXGlory may suit experienced Forex traders who use MetaTrader and are prepared to accept the risks of trading without reliable regulation.
Comparison Table of AvaTrade and FXGlory
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Rating | 4.7/5 | 3.2/5 |
| Foundation Year | 2006 | 2011 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | — |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0.1 points |
| Max Leverage | 1:400 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | FXGlory Review |
AvaTrade Review
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
AvaTrade is in the top 10 of the following ratings:
FXGlory Review
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.
Pros and Cons of FXGlory
Pros
- Minimum deposit from $1.
- MetaTrader 4, MetaTrader 5, and GloryTrader are available.
- No swaps on most accounts.
- A demo account and free VPS are available subject to meeting the requirements.
Cons
- No financial regulator license.
- Spreads on the Standard account are above average.
- High withdrawal fees.
- The ECN account commission is not disclosed.
- Limited selection of trading instruments.
Reliability
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Reliability | 5/5 | 2.2/5 |
| Foundation Year | 2006 | 2011 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | - |
| Regulators | - |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
FXGlory
FXGlory operates without a financial regulator license, and the company's registration in Saint Lucia does not provide clients with full legal or compensation protection.
Pros
- Long track record in the market — since 2011.
- Claims to use measures to protect data and trading accounts.
Cons
- No financial regulator license.
- No participation in a compensation fund.
- The company's legal status raises concerns.
Account Opening
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
FXGlory
Opening an FXGlory account is completed online and does not require complicated steps. The minimum deposit starts at $1, although full verification is required for withdrawals, and the base currency is limited to the US dollar.
Pros
- Fully online registration.
- Minimum deposit from $1.
Cons
- The only base currency is USD.
Account Types
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Account Types | 3.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0.1 points |
| Max Leverage | 1:400 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AvaTrade
AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.
Pros
- A free demo account is available.
- An Islamic account option is provided.
- The ability to copy trades.
Cons
- Lack of market execution of orders.
- No cent accounts.
- No fixed spread accounts.
FXGlory
FXGlory's account range is suitable for traders of different experience levels, with accounts available from a $1 deposit, various spreads, and swap-free terms.
Pros
- Minimum deposit from $1.
- Wide selection of trading accounts.
- Demo and swap-free accounts are available.
Cons
- The exact ECN commission is not specified.
- High deposit requirements for Pro, ECN, and VIP.
- The account selection depends on the region.
Commissions
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Commissions | 4.5/5 | 2/5 |
| Spread | from 0.6 points | from 0.1 points |
| Average Spread (EURUSD) | 0.9 | |
| Commission |
AvaTrade
AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.
Pros
- Low spreads.
- No deposit/withdrawal fees.
Cons
- Inactivity fee.
FXGlory
FXGlory's fees are above average: the fixed EUR/USD spread is 2 pips, withdrawals are expensive, and the ECN account rate is not disclosed. The absence of swaps partly offsets the costs.
Pros
- No swaps on most accounts.
Cons
- High fixed spreads.
- Significant withdrawal fees.
- Unknown ECN account commission.
Deposit and Withdrawal
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Rating | 4.2/5 | 3.5/5 |
| Account Funding Methods |
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AvaTrade
AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.
Pros
- Multiple methods for deposit and withdrawal.
- No commission on deposits and withdrawals.
- AvaTrade covers up to $100 of the bank transfer fee.
Cons
- Long processing time for bank transfers.
FXGlory
FXGlory offers many deposit and withdrawal methods, and deposits are generally credited quickly and without fees. However, withdrawals may involve high charges, delays, and varying terms.
Pros
- Wide selection of payment methods.
- No deposit fees.
- Fast processing of electronic payments.
Cons
- High withdrawal fees.
- Slow withdrawals to cards and bank accounts.
Markets and Products
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Markets and Products | 5/5 | 2/5 |
| Forex | 53 | 38 |
| Precious Metals | 7 | 6 |
| Energy Carriers | 5 | - |
| Soft Commodities | 7 | - |
| Indices | 46 | - |
| Stocks | 614 | - |
| ETF | 61 | - |
| Bonds | 2 | - |
| Cryptocurrency | 20 | 6 |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
FXGlory
FXGlory's offering is limited to currency pairs, metals, and cryptocurrencies. The broker may suit Forex trading, but the lack of stocks, indices, ETFs, and bonds reduces diversification opportunities.
Pros
- 38 currency pairs.
Cons
- No stocks or indices.
- No ETFs or bonds.
Trading Platforms
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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AvaTrade
AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.
FXGlory
FXGlory offers a convenient selection of platforms: MT4, MT5, and the GloryTrader web terminal. Mobile trading, analysis, and Expert Advisors are available.
Pros
- MT4 and MT5 are available.
- Web and mobile versions are available.
- Automated trading is supported.
Analytics
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
FXGlory
FXGlory's analysis is suitable for basic market assessment: TradingView charts, a calendar, and individual forecasts are available. However, materials are published irregularly, and the client area lacks a comprehensive analysis section.
Pros
- TradingView charts and technical signals.
- An economic calendar is available.
- The broker publishes its own forecasts.
Cons
- Analysis is published irregularly.
- There is no analysis section in the client area.
- No comprehensive trading signals are available.
Education
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Rating | 5/5 | 3/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
FXGlory
FXGlory's education consists of detailed and well-structured articles on Forex, analysis, and strategies. However, the lack of videos, webinars, and comprehensive courses limits the variety of materials.
Pros
- Detailed educational articles.
- Examples, tables, and checklists are available.
Cons
- No webinars or video tutorials.
- No courses or tests.
- Materials are available only in English.
Customer Support
| Broker | AvaTrade | FXGlory |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
YouTube
Instagram
Twitter
LinkedIn
TelegramAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
FXGlory
FXGlory support is available through several channels and responds quickly in chat, but complex issues are resolved slowly. Even a question about the ECN commission remained unanswered for more than a day.
Pros
- Many contact channels.
- Fast responses in live chat.
- Tickets are available around the clock.
Cons
- First-line support cannot resolve some issues.
- Long wait times for ticket responses.
- Exact support hours are not specified.
Comparisons of AvaTrade and FXGlory with other brokers
Conclusion
AvaTrade stands out as the better overall pick, while FXGlory trails on aggregate criteria.
AvaTrade scored 4.7/5 and ranks 1 in our rating; FXGlory has 3.2/5 and ranks 69.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: AvaTrade or FXGlory?
AvaTrade comes out ahead by overall rank (score 4.7/5, position 1) versus FXGlory (score 3.2/5, position 69).
Which broker is better for beginners: AvaTrade or FXGlory?
AvaTrade is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — AvaTrade or FXGlory?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with AvaTrade and FXGlory?
AvaTrade: MetaTrader 4, MetaTrader 5, WebTrader, AvaTradeGO. FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with AvaTrade and FXGlory?
AvaTrade: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. FXGlory: Forex, Precious Metals, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by AvaTrade and FXGlory?
AvaTrade: CFD. FXGlory: Standard, Premium, VIP, Classic, Pro, ECN. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by AvaTrade and FXGlory?
AvaTrade: Neteller, Skrill, PayPal, Google Pay, Bank Transfer, Visa, Mastercard, Maestro, JCB. FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. Check method-specific fees/settlement times.
Which broker is safer — AvaTrade or FXGlory — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
