FXGlory vs FXTM Comparison
Compare trading conditions, commissions and platforms of Forex brokers FXGlory and FXTM. 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 FXTM?
Our pick: FXTM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FXTM looks preferable to FXGlory.
FXTM scored 4.1/5 and ranks 48 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 FXTM suitable for?
Broker FXTM is suitable for traders looking for a variety of trading instruments and accounts, but who are willing to tolerate some shortcomings in support and wide spreads.
Comparison Table of FXGlory and FXTM
| Broker | FXGlory | FXTM |
|---|---|---|
| Rating | 3.2/5 | 4.1/5 |
| Foundation Year | 2011 | 2011 |
| Regulated in Countries | — | Cyprus, United Kingdom, Mauritius, Kenya |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:3000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FXGlory Review | FXTM 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.
FXTM Review
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
Reliability
| Broker | FXGlory | FXTM |
|---|---|---|
| Reliability | 2.2/5 | 5/5 |
| Foundation Year | 2011 | 2011 |
| Regulated in Countries | - | Cyprus, United Kingdom, Mauritius, Kenya |
| 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.
FXTM
Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.
Pros
- Regulation by authoritative bodies (CySEC, FCA).
- Membership in the Financial Commission.
- Presence of a Compensation Fund.
Account Opening
| Broker | FXGlory | FXTM |
|---|---|---|
| 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.
FXTM
Opening an account with FXTM is a simple and fast process.
Account Types
| Broker | FXGlory | FXTM |
|---|---|---|
| Account Types | 4/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:3000 | 1:2000 |
| 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.
FXTM
FXTM offers a variety of accounts and services, meeting the needs of different traders.
Pros
- Wide selection of account types.
- Additional services such as VPS.
- Suitable for traders of different levels.
Cons
- Lack of fixed spread accounts.
Commissions
| Broker | FXGlory | FXTM |
|---|---|---|
| Commissions | 2/5 | 3/5 |
| Spread | from 0.1 points | from 0.1 points |
| Average Spread (EURUSD) | ||
| Commission | per 1 lot$6.00 | per $1M turnover$20.00 |
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.
FXTM
FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.
Pros
- Low per-trade commission.
Cons
- High spreads.
- Inactivity fee for account.
Deposit and Withdrawal
| Broker | FXGlory | FXTM |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
| 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.
FXTM
FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.
Pros
- Numerous available methods.
- Instant fund crediting.
- Most operations without commission.
Cons
- May have withdrawal fees.
- Possible processing time restrictions.
Markets and Products
| Broker | FXGlory | FXTM |
|---|---|---|
| Markets and Products | 2/5 | 4.6/5 |
| Forex | 38 | 48 |
| Precious Metals | 6 | 3 |
| Cryptocurrency | 6 | 11 |
| Energy Carriers | - | 3 |
| Indices | - | 13 |
| Stocks | - | 640 |
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.
FXTM
FXTM offers a variety of markets.
Pros
- Ability to invest in US stocks.
- Large number of CFDs for trading.
Cons
- No soft commodities.
Trading Platforms
| Broker | FXGlory | FXTM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| 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.
FXTM
The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.
Pros
- Availability on various devices (Windows, Android, iOS).
- Support for automated trading.
- Ability to choose between MT4 and MT5.
Cons
- Lack of a proprietary unique platform.
- Web version only available for MT4.
Analytics
| Broker | FXGlory | FXTM |
|---|---|---|
| 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.
FXTM
The broker offers a strong analytical section.
Pros
- Daily automated trading signals.
- Economic calendar in the personal account.
- A variety of tools for analysis.
Cons
- Outdated video reviews.
- Lack of regular analytical updates from experts.
Education
| Broker | FXGlory | FXTM |
|---|---|---|
| Rating | 3/5 | 3.5/5 |
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.
FXTM
The broker's educational materials are of average quality with diverse content.
Pros
- Diversity of materials (videos, books).
- Useful for traders of different levels.
Cons
- Outdated webinars.
- Irrelevance of some materials.
Customer Support
| Broker | FXGlory | FXTM |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Instagram
Twitter
YouTube
Messenger
LinkedIn
Telegram
Skype
Viber
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.
FXTM
FXTM's customer support offers various channels of communication, but reviews about it are mixed.
Pros
- Variety of communication channels.
- There are positive customer reviews.
Cons
- Delays in responses.
- There are ambiguous customer reviews.
Comparisons of FXGlory and FXTM with other brokers
Conclusion
FXTM stands out as the better overall pick, while FXGlory trails on aggregate criteria.
FXTM scored 4.1/5 and ranks 48 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 FXTM?
FXTM comes out ahead by overall rank (score 4.1/5, position 48) versus FXGlory (score 3.2/5, position 69).
Which broker is better for beginners: FXGlory or FXTM?
FXTM 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 FXTM?
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 FXTM?
FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. FXTM: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with FXGlory and FXTM?
FXGlory: Forex, Precious Metals, Cryptocurrency. FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FXGlory and FXTM?
FXGlory: Standard, Premium, VIP, Classic, Pro, ECN. FXTM: Micro, Advantage, Advantage Plus. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXGlory and FXTM?
FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. Check method-specific fees/settlement times.
Which broker is safer — FXGlory or FXTM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
