FXGlory vs FXOpen Comparison
Compare trading conditions, commissions and platforms of Forex brokers FXGlory and FXOpen. 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 - FXGlory or FXOpen?
Our pick: FXOpen
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FXOpen looks preferable to FXGlory.
FXOpen scored 4.3/5 and ranks 33 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 FXGlory suitable for?
FXGlory may suit experienced Forex traders who use MetaTrader and are prepared to accept the risks of trading without reliable regulation.
Who is FXOpen suitable for?
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
Comparison Table of FXGlory and FXOpen
| Broker | FXGlory | FXOpen |
|---|---|---|
| Rating | 3.2/5 | 4.3/5 |
| Foundation Year | 2011 | 2005 |
| Regulated in Countries | — | United Kingdom, Cyprus, Australia |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FXGlory Review | FXOpen Review |
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.
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Reliability
| Broker | FXGlory | FXOpen |
|---|---|---|
| Reliability | 2.2/5 | 5/5 |
| Foundation Year | 2011 | 2005 |
| Regulated in Countries | - | United Kingdom, Cyprus, Australia |
| Regulators | - |
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.
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
Account Opening
| Broker | FXGlory | FXOpen |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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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.
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Account Types
| Broker | FXGlory | FXOpen |
|---|---|---|
| Account Types | 4/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Commissions
| Broker | FXGlory | FXOpen |
|---|---|---|
| Commissions | 2/5 | 3/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | |
| Commission | per 1 lot$6.00 | per 1 lot$3.50 |
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.
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Deposit and Withdrawal
| Broker | FXGlory | FXOpen |
|---|---|---|
| Rating | 3.5/5 | 4.2/5 |
| Account Funding Methods |
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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.
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Markets and Products
| Broker | FXGlory | FXOpen |
|---|---|---|
| Markets and Products | 2/5 | 4.6/5 |
| Forex | 38 | 66 |
| Precious Metals | 6 | 3 |
| Cryptocurrency | 6 | 41 |
| Energy Carriers | - | 3 |
| Indices | - | 12 |
| Stocks | - | 553 |
| ETF | - | 56 |
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.
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Trading Platforms
| Broker | FXGlory | FXOpen |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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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.
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Analytics
| Broker | FXGlory | FXOpen |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
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.
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Education
| Broker | FXGlory | FXOpen |
|---|---|---|
| Rating | 3/5 | 2/5 |
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.
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Customer Support
| Broker | FXGlory | FXOpen |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Instagram
Twitter
YouTube
Telegram
LinkedIn
WhatsappFXGlory
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.
FXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
Comparisons of FXGlory and FXOpen with other brokers
Conclusion
FXOpen stands out as the better overall pick, while FXGlory trails on aggregate criteria.
FXOpen scored 4.3/5 and ranks 33 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: FXGlory or FXOpen?
FXOpen comes out ahead by overall rank (score 4.3/5, position 33) versus FXGlory (score 3.2/5, position 69).
Which broker is better for beginners: FXGlory or FXOpen?
FXOpen 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) — FXGlory or FXOpen?
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 FXGlory and FXOpen?
FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. FXOpen: MetaTrader 4, MetaTrader 5, TickTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with FXGlory and FXOpen?
FXGlory: Forex, Precious Metals, Cryptocurrency. FXOpen: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FXGlory and FXOpen?
FXGlory: Standard, Premium, VIP, Classic, Pro, ECN. FXOpen: STP, ECN, Micro, Crypto. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXGlory and FXOpen?
FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. Check method-specific fees/settlement times.
Which broker is safer — FXGlory or FXOpen — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
