Broker comparison

FXGlory vs IG Comparison

Compare trading conditions, commissions and platforms of Forex brokers FXGlory and IG. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FXGlory
Rating
3.2/5
Rank
#69
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Trading CFDs carries high risks. You may lose all invested funds

IGHigher ranked
Rating
4.1/5
Rank
#43
Register

68-72% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 IG?

Our pick: IG

Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - IG looks preferable to FXGlory.

IG scored 4.1/5 and ranks 43 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 IG suitable for?

Broker IG.com is suitable for traders of all levels, offering reliability, convenience, a wide selection of instruments, and good customer support.

Comparison Table of FXGlory and IG

BrokerFXGloryIG
Rating
3.2/5
4.1/5
Foundation Year20111974
Regulated in CountriesUnited Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates
Minimum Deposit
  • 1 USD
  • 1 AUD
  • 1 CHF
  • 1 EUR
  • 1 GBP
  • 1 HKD
  • 1 JPY
  • 1 NOK
  • 1 NZD
  • 1 SEK
  • 1 SGD
  • 1 USD
Spreadfrom 0.1 pointsfrom 0.165 points
Max Leverage1:30001:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
ReviewFXGlory ReviewIG Review

FXGlory Review

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 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

  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.

IG Review

IG Logo
Register68-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4IG Trading PlatformL2 Dealer
compare IG trading accounts

IG is a highly regulated broker with licenses from reliable financial authorities, providing clients with high funds protection. Thanks to narrow spreads, traders can effectively manage their costs and increase the profitability of their operations. Quality trading platforms and advanced analytical tools support informed trading decisions, while extensive educational resources make IG attractive to traders of all experience levels.

Pros and Cons of IG

Pros

  1. Licenses from regulators with a high level of credibility.
  2. Tight spreads.
  3. A variety of markets and products.
  4. Extensive set of analytical tools and content.
  5. Quality educational resources for different levels of traders.

Cons

  1. Limited choice of trading accounts.
  2. High trading fee on DMA account.
  3. Inactivity fee.
  4. Limited choice of payment methods.

IG is in the top 10 of the following ratings:

Reliability

BrokerFXGloryIG
Reliability
2.2/5
5/5
Foundation Year20111974
Regulated in Countries-United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates
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

  1. Long track record in the market — since 2011.
  2. Claims to use measures to protect data and trading accounts.

Cons

  1. No financial regulator license.
  2. No participation in a compensation fund.
  3. The company's legal status raises concerns.

IG

The company is subject to numerous international regulators, ensuring a high degree of transparency.

Account Opening

BrokerFXGloryIG
Account Opening
5/5
4/5
Minimum Deposit
  • 1 USD
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD

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

  1. Fully online registration.
  2. Minimum deposit from $1.

Cons

  1. The only base currency is USD.

IG

The account opening process is simple, fast, and convenient for traders of any experience level.

Pros

  1. No minimum deposit required.
  2. Quick registration process (5-10 minutes).

Cons

  1. Necessity to provide extensive personal and financial information.
  2. Verification may take a couple of days.
  3. There is a possibility of being denied account opening.

Account Types

BrokerFXGloryIG
Account Types
4/5
2.5/5
Trading Accounts
  • Standard
  • Premium
  • VIP
  • Classic
  • Pro
  • ECN
  • CFD
  • DMA
Minimum Deposit
  • 1 USD
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD
Spreadfrom 0.1 pointsfrom 0.165 points
Max Leverage1:30001:200
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
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

  1. Minimum deposit from $1.
  2. Wide selection of trading accounts.
  3. Demo and swap-free accounts are available.

Cons

  1. The exact ECN commission is not specified.
  2. High deposit requirements for Pro, ECN, and VIP.
  3. The account selection depends on the region.

IG

IG offers a limited selection of accounts, meeting the basic needs of traders, but not accommodating specific requirements.

Pros

  1. Availability of DMA account for professional traders.
  2. Premium service offered for high-value clients.
  3. Free demo account for practice and training.

Cons

  1. Absence of Islamic and investment accounts.
  2. No fixed spread accounts and cent accounts.

Commissions

BrokerFXGloryIG
Commissions
2/5
3/5
Spreadfrom 0.1 pointsfrom 0.165 points
Average Spread (EURUSD)1.1
Commissionper 1 lot$6.00per $1M turnover$60.00

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

  1. No swaps on most accounts.

Cons

  1. High fixed spreads.
  2. Significant withdrawal fees.
  3. Unknown ECN account commission.

IG

IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.

Pros

  1. Low spreads.
  2. No fees for deposits/withdrawals.

Cons

  1. High transaction fee on DMA account.
  2. Inactivity fee.
  3. Currency conversion fee and guaranteed stop fee.

Deposit and Withdrawal

BrokerFXGloryIG
Rating
3.5/5
3.7/5
Account Funding Methods
  • PayPal
  • Neteller
  • Skrill
  • WebMoney
  • SticPay
  • Swift
  • Credit and Debit Cards
  • PayPal
  • Bank Transfer
  • Credit and Debit Cards

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

  1. Wide selection of payment methods.
  2. No deposit fees.
  3. Fast processing of electronic payments.

Cons

  1. High withdrawal fees.
  2. Slow withdrawals to cards and bank accounts.

IG

Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.

Pros

  1. No commission for funding and withdrawal.
  2. PayPal available as a deposit/withdrawal option.
  3. Transparent information about limits.

Cons

  1. Absence of cryptocurrencies and most electronic wallets.
  2. Withdrawal processing time can take up to 5 business days.
  3. Restrictions on the minimum withdrawal amount.

Markets and Products

BrokerFXGloryIG
Markets and Products
2/5
5/5
Forex3899
Precious Metals611
Cryptocurrency615
Energy Carriers-9
Soft Commodities-20
Indices-46
Stocks-13000
ETF-5400
Bonds-19

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

  1. 38 currency pairs.

Cons

  1. No stocks or indices.
  2. No ETFs or bonds.

IG

IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.

Trading Platforms

BrokerFXGloryIG
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer

FXGlory

FXGlory offers a convenient selection of platforms: MT4, MT5, and the GloryTrader web terminal. Mobile trading, analysis, and Expert Advisors are available.

Pros

  1. MT4 and MT5 are available.
  2. Web and mobile versions are available.
  3. Automated trading is supported.

IG

IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.

Analytics

BrokerFXGloryIG
Rating
3.5/5
5/5

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

  1. TradingView charts and technical signals.
  2. An economic calendar is available.
  3. The broker publishes its own forecasts.

Cons

  1. Analysis is published irregularly.
  2. There is no analysis section in the client area.
  3. No comprehensive trading signals are available.

IG

IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.

Education

BrokerFXGloryIG
Rating
3/5
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

  1. Detailed educational articles.
  2. Examples, tables, and checklists are available.

Cons

  1. No webinars or video tutorials.
  2. No courses or tests.
  3. Materials are available only in English.

IG

IG offers high-quality and comprehensive educational materials suitable for traders of various levels.

Customer Support

BrokerFXGloryIG
Rating
4/5
5/5
Email Support
  • info@fxglory.com
  • sales.en@ig.com
  • newaccounts.uk@ig.com
Hotline Phones
  • +447441906300
  • +44 (20) 7633 5430
Social Media

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

  1. Many contact channels.
  2. Fast responses in live chat.
  3. Tickets are available around the clock.

Cons

  1. First-line support cannot resolve some issues.
  2. Long wait times for ticket responses.
  3. Exact support hours are not specified.

IG

IG provides fast and professional support.

Comparisons of FXGlory and IG with other brokers

Conclusion

IG stands out as the better overall pick, while FXGlory trails on aggregate criteria.

IG scored 4.1/5 and ranks 43 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 IG?

IG comes out ahead by overall rank (score 4.1/5, position 43) versus FXGlory (score 3.2/5, position 69).

Which broker is better for beginners: FXGlory or IG?

IG 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 IG?

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 IG?

FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. IG: MetaTrader 4, IG Trading Platform, L2 Dealer. See the “Platforms” section for details and selection tips.

What markets can you trade with FXGlory and IG?

FXGlory: Forex, Precious Metals, Cryptocurrency. IG: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by FXGlory and IG?

FXGlory: Standard, Premium, VIP, Classic, Pro, ECN. IG: CFD, DMA. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by FXGlory and IG?

FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. IG: PayPal, Bank Transfer, Credit and Debit Cards. Check method-specific fees/settlement times.

Which broker is safer — FXGlory or IG — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

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.