FX Glory Broker Review

Name of the CompanyFX Glory Ltd
Established In2011
Online since2012
International OfficesGeorgia, United Arab Emirates
Payment MethodsCashU, Credit/debit cards, Liberty Reserve, Liqpay, Moneybookers, OKPAY, PayPal, Payza, Perfect Money, WebMoney, Wire transfer
Demo Account and PlatformsMetaTrader 4( It is limited with 30 days of inactivity)
Account currenciesUnited States Dollar
Different Currency PairsAUD/CAD  AUD/CHF  AUD/JPY

AUD/NZD  AUD/USD  CAD/CHF

CAD/JPY  CHF/JPY  EUR/AUD

EUR/CAD  EUR/CHF  EUR/GBP

EUR/JPY  EUR/NZD  EUR/USD

GBP/AUD  GBP/CAD  GBP/CHF

GBP/JPY  GBP/NZD  GBP/USD

NZD/CAD  NZD/CHF  NZD/JPY

NZD/USD  USD/CAD  USD/CHF

USD/JPY  USD/SGD

Regulated or Registered ByDepartment of Economic Development (Dubai)
Are US Traders Allowed?Yes
Any Bonus? (detailed)
Languages in which website is availableEnglish, Russian
Languages in which support is availableArabic, English, German, Indonesian, Italian, Malay, Russian
Different Support MethodsCallback, Email, Live chat, Phone, Skype, Web form
Types of Account (micro standard executive islamic)Standard
Minimum Deposit in Accounts$1
Minimum position size0.01 lot
Type of SpreadFixed
Minimum spread on EUR/USD, pips2
Is Scalping AllowedAllowed
Is Use of Expert Advisor AllowedAllowed
Types of Trading instruments (GOLD; CFD, etc. and the leverage)Forex – 1:3000
Real Trading platformsMeta Trader 4
Digits after the dot in quotes5
Margin call level50%
Stop-out level30%
Total Number of Currency Pairs34
Interest rate on fundsYes
Any Bonus offersYes
Any Trading contestsYes
Is Free education AvailableYes
Do they Provide Personal managerYes
Is Trading by telephone AllowedYes
Any Segregated accountsYes
Do they have Managed accountsYes
Islamic accounts availableYes
 Is  Hedging AllowedYes
Do they have Trailing stopYes
Do they have Pending ordersYes
Mobile trading AllowedYes
Automated trading PresentYes

fxgloryForex market has grown considerably in the recent years and this has led to many companies opening for forex trading. FX Glory was founded in the year 2011 and they started their internet based online trading system only in the year 2012 with the aim of reaching to traders all over the world. They have very lucrative bonus offer in which they offer up to 50% on the amount credited to the account. The leverage on the trading instruments is as high as 1:3000 which may be the highest in the market. With such high leverage the traders can think of getting more profit on their trade. The payment options are many which even include PayPal. They have their offices in United Arab Emirates and Georgia and are regulated by Department of Economic Development, Dubai. They also allow traders from United States to trade from their account. Their website is available only in English and Russian whereas its customer support service is available in 7 languages and can be reached using callback, email, phone, Skype, Web Form and phone.

Demo account is also available free of cost to all their customers with Meta Trader 4 as the trading platform to all their customers but its use is limited to 30 days of inactivity. They offer about 34 currency pairs to trade in and it includes all the major pairs. They allow the traders to use scalping. They also allow the use of Expert Advisor which helps in easy trading. They offer only one type of account that is standard account and the minimum deposit required to open an account with them is just $1. The spread is fixed so that the trader knows the cost of the trade before placing the order. The other important features include segregated accounts, managed accounts, mobile trading and personal manager to name a few.

With internet it has become easy to know in and out about a company and the kind of service it provides to its customers. The customers provide their feedback in the form of reviews on the internet. This is accessible to all. The reviews for FX Glory Broker are very positive and have many happy and satisfied customers. The most talked about feature in the reviews is that they have a number of payment options and the deposit and withdrawal of money is easy and hassle free. Many of them like the fact that they have PayPal as one of the payment option. Many of them like that the minimum deposit required to open an account is just $1. However, to start trading one will need to have more funds. The customer support service is also excellent and the Skype is also one of the medium to contact them. The disadvantage of trading with them is that they have only one type of account that is Standard. However, the overall reviews are good and the average rating given to the company is 5.8 out of 10.

» Sign up now!