CMC Markets vs FXGlory Comparison
Compare trading conditions, commissions and platforms of Forex brokers CMC Markets 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 - CMC Markets or FXGlory?
Our pick: CMC Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - CMC Markets looks preferable to FXGlory.
CMC Markets scored 4.4/5 and ranks 17 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 CMC Markets suitable for?
Broker CMC Markets is suitable for all traders thanks to its reliability, low commissions, and excellent trading platform.
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 CMC Markets and FXGlory
| Broker | CMC Markets | FXGlory |
|---|---|---|
| Rating | 4.4/5 | 3.2/5 |
| Foundation Year | 1989 | 2011 |
| Regulated in Countries | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates | — |
| Minimum Deposit |
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| Spread | from 0.7 points | from 0.1 points |
| Max Leverage | 1:30 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | CMC Markets Review | FXGlory Review |
CMC Markets Review
CMC Markets has been a reliable CFD and Forex broker in the business for a long time. Top-tier financial authorities regulate the company, offers an excellent trading platform, and has low commission fees.
We believe it is an excellent choice for beginners and experienced traders. CMC Markets is a good option if you are seeking a trustworthy broker with extensive experience.
Pros and Cons of CMC Markets
Pros
- Low trading fees.
- Wide range of markets and products.
- Access to the popular MetaTrader 4 and CMC Markets platforms.
- Extensive analytical materials.
- Comprehensive educational materials.
Cons
- Limited account options.
- Inactivity fee.
- No online chat.
CMC Markets 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 | CMC Markets | FXGlory |
|---|---|---|
| Reliability | 5/5 | 2.2/5 |
| Foundation Year | 1989 | 2011 |
| Regulated in Countries | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates | - |
| Regulators | - |
CMC Markets
CMC Markets demonstrates a high level of regulation and protection of client funds.
Pros
- Regulation in multiple countries.
- Adherence to CASS rules to protect client funds.
- Compensation through FSCS in case of financial problems.
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 | CMC Markets | FXGlory |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
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CMC Markets
The account opening process is standard but has some limitations.
Pros
- No minimum deposit requirement.
- Clear and transparent registration process.
Cons
- Requirement to provide extensive information.
- Restrictions for residents of certain countries.
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 | CMC Markets | FXGlory |
|---|---|---|
| Account Types | 2.3/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.7 points | from 0.1 points |
| Max Leverage | 1:30 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
CMC Markets
Accounts meet basic needs but do not offer a wide selection.
Pros
- Availability of a demo account.
Cons
- No cent or Islamic accounts.
- No accounts with fixed spreads.
- No investment accounts (PAMM, copy trading).
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 | CMC Markets | FXGlory |
|---|---|---|
| Commissions | 4.7/5 | 2/5 |
| Spread | from 0.7 points | from 0.1 points |
| Average Spread (EURUSD) | 0.7 | |
| Commission | per 1 lot$6.00 |
CMC Markets
The broker offers competitive spreads and does not charge fees for depositing/withdrawing.
Pros
- No deposit or withdrawal fees.
- Competitive spreads and swaps.
- Cashback on trading commissions.
Cons
- Monthly 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 | CMC Markets | FXGlory |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Account Funding Methods |
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CMC Markets
The broker offers flexibility and transparency in transactions.
Pros
- No fees for deposits or withdrawals.
- Fast processing of withdrawal requests.
Cons
- Some competitors offer more payment methods.
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 | CMC Markets | FXGlory |
|---|---|---|
| Markets and Products | 4.4/5 | 2/5 |
| Forex | 336 | 38 |
| Precious Metals | 19 | 6 |
| Energy Carriers | 45 | - |
| Soft Commodities | 58 | - |
| Indices | 99 | - |
| Stocks | 10099 | - |
| ETF | 1200 | - |
| Bonds | 71 | - |
| Cryptocurrency | 336 | 6 |
CMC Markets
CMC Markets offers various trading instruments for multiple markets but with limited maximum leverage.
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 | CMC Markets | FXGlory |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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CMC Markets
The broker provides two powerful and flexible trading platforms.
Pros
- Availability of the popular MetaTrader 4 platform.
- Proprietary platform with extensive functionality and customization options.
Cons
- The proprietary platform may be complex for beginners.
- Lack of MetaTrader 5 platform.
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 | CMC Markets | FXGlory |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
CMC Markets
The broker offers extensive analytical resources that assist traders in decision-making.
Pros
- Comprehensive commentary and forecasts from experts.
- Technical and fundamental analysis.
- News from Reuters and economic calendar.
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 | CMC Markets | FXGlory |
|---|---|---|
| Rating | 5/5 | 3/5 |
CMC Markets
The broker offers extensive and quality educational resources for traders of all levels.
Pros
- A wide range of educational forms: seminars, webinars, video conferences, courses.
- Classes conducted by leading traders and guest experts.
- Most materials are available for free to company clients.
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 | CMC Markets | FXGlory |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
YouTube
LinkedIn
InstagramCMC Markets
CMC Markets provides quality technical support operating 24/5, with prompt and professional responses.
Pros
- Support available 24/5.
- Prompt and professional responses.
Cons
- Lack of online chat for instant communication.
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 CMC Markets and FXGlory with other brokers
Conclusion
CMC Markets stands out as the better overall pick, while FXGlory trails on aggregate criteria.
CMC Markets scored 4.4/5 and ranks 17 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: CMC Markets or FXGlory?
CMC Markets comes out ahead by overall rank (score 4.4/5, position 17) versus FXGlory (score 3.2/5, position 69).
Which broker is better for beginners: CMC Markets or FXGlory?
CMC Markets 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) — CMC Markets 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 CMC Markets and FXGlory?
CMC Markets: MetaTrader 4, CMC Markets. FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with CMC Markets and FXGlory?
CMC Markets: 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 CMC Markets and FXGlory?
CMC Markets: 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 CMC Markets and FXGlory?
CMC Markets: PayPal, Bank Transfer, Visa, Mastercard, Maestro, Online banking. FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. Check method-specific fees/settlement times.
Which broker is safer — CMC Markets or FXGlory — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
