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FXGlory Review
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Review

FXGlory Review

by November 22, 2016
Overview
Broker Type

Forex

Regulated By

FSC

Headquarters

Georgia

Foundation Year

2011

Website

https://www.fxglory.com/

Phone Number

+(995) 322 473 800

Email Address

[email protected]

Min. Deposit

$1

Deposit Options

Cash-U, Credit Card, Neteller, OKPay, PayPal, Payza, QIWI, Skrill, Wire Transfer

Withdrawal Options

Cash-U, Credit Card, Neteller, OKPay, PayPal, Payza, QIWI, Skrill, Wire Transfer

24 Hours Support

Yes

Support During Weekends

Yes

Trading Platforms

FXGlory Binary Option
MT4 platform

Company Intro

Established in 2011, FxGlory is a leading international online broker that is based in the United Arab Emirates (U.A.E) and regulated by the Department of Economic Development (DED) in Dubai. The broker also maintains branches in Tbilisi, Georgia and Plovdiv City, Bulgaria. Although they are considered relatively new in the online trading industry, FxGlory is well known among traders as they had made it extremely easy for traders to open a trading account and trade with them. For example, their minimum deposit requirement is only $1/- and the leverage that they offered is the highest in the industry at 1:3000.

FXGlory Review

 

Trading Platform

FXGlory – Trading Platform
FXGlory Review

For access to the financial markets, FxGlory offers their traders the use of the popular and robust MetaTrader 4 (MT4) platform. Sophisticated and yet versatile, the MT4 platform is fully equipped with all the necessary tools for traders to trade in the CFDs, forex and futures markets. Another great feature about the MT4 platform is the fact that it allow traders to create and configure their trading platform for automated trading with expert advisors (EAs). For their benefits of their traders, FxGlory has also supplied mobile versions of the MT4 platform so their traders are not restricted to just trading from their desktop computers.

Finally, trading at FxGlory is made simpler with the incorporation of “One Click Trading” into the MT4 platform. With this feature, traders can now execute their trades with the minimal amount of steps.

Commission & Spreads

With respect to the spreads payable, they are fixed and starts from 2 pips for majors like the EUR/USD. The good thing about fixed spreads is the fact that you always know how much the cost of your transactions would be without having to worry about volatile market conditions widening them.

Customer Support

Customer support at FxGlory is provided on a 24/5 basis. Getting in touch with the multi-lingual support team is easy as there are several ways of contacting them. Traders can request a call back or call the support team directly through live chat or the through the telephone. Alternatively, they can also email the support team for assistance.

Reliability

AS for the reliability of FxGlory, traders need not be unduly concerned as FxGlory is regulated by the Department of Economic Development (DED) of U.A.E. Since 2011, they have already expanded their business operations from the Middle East to cover Europe with the establishment of two satellite offices in Georgia and Bulgaria. With the current rate of expansion, we can expect to see more satellite offices popping up around the globe soon.

Open an account
Pros
  • DED Regulated Broker
  • Extremely low minimum deposit of $1/-
  • High 1:3000 leverage ratio
  • Reliable MT4 Platform
  • Various Deposit Methods provided
Cons
  • Bonus for each deposit automatically
  • No alternative trading platform
  • No scalping
  • Only some EAs allowed
Rating
Our Rating
User Rating
Rate Here
Reliability
98%
92%
Customer Support
95%
94%
Friendly Trading Platforms
98%
92%
Conclusion

While FxGlory has only been around for the last 3 to 4 years, there is no denying the fact that it has grown rapidly. The company acknowledged that this rapid growth was largely due their philosophy of paying attention to what their clients’ needs are and serving them with professionalism. With low cost start-up and a team of professionals on hand to provide high quality customer care, new traders should seriously consider signing up with FxGlory.

99%
Our Rating
93%
User Rating
4 ratings
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