The first and only broker in the world with the leverage of 1:3000! Manage a large amount of money with a much smaller deposit. Set the leverage of 1:3000 and create new opportunities of trading on the Forex market.
FXGlory was established to make Forex trading more accessible and transparent for investors. The company’s values include openness, excellent customer service, and empowering traders through information. The broker offers instructional tools like webinars and market research, fostering confidence and skill improvement. The company’s commitment to openness is evident in its low spreads, no hidden fees, and straightforward communication policies. These and a sophisticated trading platform have led to FXGlory’s success. The company has received numerous awards for its exceptional service, user-friendly interface, and commitment to innovation.
As a globally recognized broker, FXGlory continues to evolve and adapt to market demands, ensuring continued success in the future.
FXGlory Summary
| 🗓 Established Year | 2011 |
| ⚖️ Regulation and Licenses | None |
| 🪪 Ease of Use Rating | 4/5 |
| 📞 Support Hours | 24/7 |
| 💻 Trading Platforms | MetaTrader 4, FXGlory Web, MetaTrader 5 (no information) |
| 🛍 Account Types | Standard, Premium, VIP |
| 🤝 Base Currencies | USD |
| 📊 Spreads | From 0.7 pips |
| 📈 Leverage | Up to 1:3000 |
| 💸 Currency Pairs | 28; major, minor, and exotic pairs |
| 💳 Minimum Deposit | 1 USD (Standard, MetaTrader 4) |
| 🚫 Inactivity Fee | Yes, the account is also disabled after 6 months of inactivity |
| 🗣 Website Languages | English |
| 💰 Fees and Commissions | Spreads from 0.7 pips, zero commission fees |
| ✅ Affiliate Program | Yes |
| 🏦 Banned Countries | North Korea, Italy, Iran, Bulgaria, United States, Russia, United Kingdom, China, Canada, Japan, Australia, EU, Syria, Sudan, Cuba, and other sanction regions |
| ✔️ Scalping | Yes, but limits exist |
| 📉 Hedging | Yes, but limits exist |
| 🎉 Trading Instruments | Forex, cryptocurrencies, metals, commodities |
| 🎖 Open an Account | Open Account |
Account Types
| Standard | Premium | VIP | |
| ✅ Availability | All; ideal for beginners | All; ideal for casual traders | All; ideal for scalpers, day traders, and professionals |
| 🛍 Markets | All | All | All |
| 💸 Commissions | None; only the spread is charged | None; only the spread is charged | None; only the spread is charged |
| 💻 Platforms | All | All | All |
| 📊 Trade Size | From 0.01 – 1 lots | From 0.01 – 10 lots | From 0.01 – 100 lots |
| 📈 Leverage | 1:3000 | 1:2000 | 1:400 |
| 💰 Minimum Deposit | 1 USD | 1,000 USD | 5,000 USD |
| 🎖 Open an Account | Open Account | Open Account | Open Account |
Standard Account
The Standard account is suitable for both beginners and experts, offering a minimum deposit of 1 USD and leverage of up to 1:3000. With a maximum lot size of 1.00 and a 50% deposit bonus, it provides competitive spreads and margin call/stop out levels for risk control and capital preservation.
Premium Account
With a minimum investment of $1,000, the Premium account offers traders enhanced features and privileges, including leverage of up to 1:2000 and spreads as low as 1.5 pips, and Premium VPS services for faster trade execution and smooth communication.
VIP Account
The broker offers a VIP account for experienced traders, requiring a minimum deposit of $5,000. This account offers leverage of up to 1:400 and access to Premium VPS. With a maximum position of 200 and a 50% deposit bonus, traders can optimize their trading potential.
Demo Account
The Demo account offers traders a secure environment to improve their trading skills by simulating real market situations. This tool is suitable for novice and experienced traders, allowing them to familiarize themselves with the platform and experiment with different techniques.
Islamic Account
The broker offers a Swap-Free account for traders adhering to Islamic values, allowing overnight positions without swap fees. This aligns with religious beliefs prohibiting interest payments or receipts, ensuring inclusivity and tolerance for diverse trading preferences in the FX market.
Deposit & Withdrawal Options
| 💳 Payment Method | 🏛 Country | ⚖️ Currencies Accepted | ⏰ Processing Time |
| Bank Wire Transfer | All | Multi-currency | 1 – 7 days |
| Credit/Debit Card | All | Multi-currency | 1 – 7 days |
| PayPal | All | Multi-currency | 1 – 72 hours |
| Neteller | All | Multi-currency | 1 – 24 hours |
| Payza | All | Multi-currency | 1 – 24 hours |
| Skrill | All | Multi-currency | 1 – 24 hours |
| OKPAY | All | Multi-currency | 1 – 24 hours |
| WebMoney | All | Multi-currency | 1 – 24 hours |
| Sticpay | All | Multi-currency | 1 – 24 hours |
| Perfect Money | All | Multi-currency | 1 – 24 hours |
| Cryptocurrencies | All | Multi-currency | 1 – 24 hours |
Trading Instruments & Products
The broker offers the following trading instruments and products:
➡️Forex – With 28 currency pairings accessible, FXGlory’s forex market provides competitive spreads, enabling traders to participate in worldwide currency trading without difficulty.
➡️Cryptocurrencies – In FXGlory’s cryptocurrency market, you can trade four main cryptocurrencies against fiat currencies while taking advantage of variable spreads and quick execution.
➡️Commodities – With four commodities available: gold, silver, platinum, and palladium, FXGlory’s commodities market provides chances for diversification and risk management at competitive spreads.
➡️Metals – In FXGlory’s metals market, you can trade precious metals like gold, silver, platinum, and palladium at competitive spreads and with rapid execution.
Trading Platforms and Software
They have broadened their trading platform services by releasing MetaTrader 5 in November 2023, boosting their portfolio alongside the current MetaTrader 4 Terminal and WebTrader platform. MetaTrader 4 is a staple for traders, providing a professional and adaptable workspace with comprehensive charting tools and automated trading features. MetaTrader 4 caters to new and expert traders, offering customizable features and safe transactions.
Meanwhile, FXGlory’s WebTrader platform offers traders simple online access, allowing for frictionless trading immediately from a computer browser. Both platforms have a user-friendly design, allowing traders to execute transactions and rapidly access financial markets.
Spreads and Fees
Spreads
The broker offers competitive spreads for traders, enabling cost-effective trading across various financial instruments. With spreads as low as 0.7 pips for EURUSD, traders can capitalize on market opportunities without large expenditures.
Commissions
The broker offers commission-free trading, allowing traders to trade without increased expenses, providing fair pricing and simple conditions for novice and experienced traders, and fostering a profitable trading environment.
Overnight Fees
The broker charges traders overnight fees based on the instrument and trading direction. They provide accurate information on these fees, allowing traders to incorporate them into their trading strategies.
Deposit and Withdrawal Fees
The broker provides a variety of deposit and withdrawal options with no deposit fees. However, some withdrawal methods may be subject to fees imposed by payment processors or banks.
Inactivity Fees
The broker deactivates accounts below $15 or over six months old to ensure efficient account management while maintaining the platform’s integrity.
Currency Conversion Fees
The broker does not explicitly outline currency conversion costs, but traders should know that transactions in a different currency could incur conversion fees.
Leverage and Margin
The broker provides a dynamic leverage system adapted to each client’s account, allowing more flexibility and control over trading situations. Clients may easily alter their leverage levels using the online Client Cabinet, enabling them to generate ideal trading conditions based on their strategy and preferences.
With leverage ratios of up to 1:3000, the broker caters to traders with varied risk tolerances and account sizes, allowing them to maximize their trading potential.While the firm maintains the right to adjust leverage conditions, customers are notified of such changes via MetaTrader 4’s internal email system, underlining the necessity of maintaining up to speed with the platform’s rules and regulations.
Educational Resources
The broker offers the following educational resources:
➡️What is Forex? – This part teaches the fundamentals of the Forex market, explaining its importance and how it functions, and is designed to help beginners get started with currency trading.
➡️Why Trade Forex? – It discusses the benefits of Forex trading, such as market accessibility, liquidity, and the possibility for profit, and encourages beginners to examine the chances it provides.
➡️Glossary – A thorough collection of trading words and jargon is supplied, which could help traders get acquainted with typical Forex terminology.
➡️Open a Demo Account – FXGlory emphasizes the significance of practice in trading and walks customers through creating a demo account. This enables risk-free trading, allowing you to test methods and acquire expertise without committing cash.
Security Measures
FXGlory is a trading platform prioritizing customer security and trust in the trading environment. The platform segregates client money from business assets, ensuring investment integrity.
FXGlory’s strong financial base and affiliations with major financial institutions foster trust in traders. The company uses 256-bit SSL encryption for customer data privacy. Authentic liquidity providers offer quick order execution at affordable rates, while advanced risk management systems help traders limit risks. The broker also provides dedicated customer assistance, frequent audits, and robust platform security.
