FxGlory Review 2026
Established in 2011
•
Saint Vincent
• FSA Regulated
FxGlory offers forex and CFD trading services with a 3.3/5 rating. Regulated by FSA, this broker offers spreads from 1.6 pips on EUR/USD with a minimum deposit of $1. Trade 70+ instruments including forex, CFDs, and more.
📊 FxGlory Overview
FxGlory (FxGlory Ltd) is a well-established broker founded in 2011 headquartered in Kingstown, Saint Vincent. The broker operates under the supervision of FSA .
With access to 70+ tradable instruments including 50 forex pairs , 5 cryptocurrencies , and various indices, FxGlory caters to diverse trading strategies.
| Legal Name | FxGlory Ltd |
|---|---|
| Founded | 2011 |
| Headquarters |
Kingstown, Saint Vincent
|
| Primary Regulation | FSA (Tier 3 - Basic) |
| Instruments | 70+ assets |
| Min Deposit | $1 |
| Max Leverage | 1:3000 |
📖 FxGlory — In-Depth Introduction
Since 2011, FxGlory has been serving traders worldwide, accumulating 15 years of expertise in the financial markets. While FxGlory is regulated by FSA, this offshore jurisdiction offers more limited investor protections compared to tier-1 regulators like the FCA or ASIC. FxGlory focuses on accessibility, requiring just $1 to open a live account—making it suitable for beginners testing the waters.
Company Background
FxGlory (legally FxGlory Ltd) has been operating in the financial services industry for 15 years. Headquartered in Kingstown, Saint Vincent, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 70+ tradable instruments.
💸 FxGlory Fees — Complete Cost Analysis
Trading costs at FxGlory are above the industry average, with EUR/USD spreads of 1.6 pips. Cost-sensitive traders should factor this into their decision. There are no commission fees on FxGlory's standard accounts. All trading costs are embedded in the spread, making it straightforward to calculate your expenses. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $80 in spread costs per day with FxGlory. Over a month (22 trading days), that's $1760.
Trading Costs Breakdown
💡 Cost Calculator: FxGlory
Non-Trading Fees
| Fee Type | FxGlory | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is FxGlory Safe? — Complete Security Analysis
FxGlory's 45/100 safety rating is below our recommended threshold. We advise thorough due diligence before committing significant funds. Fund protection at FxGlory may be more limited than tier-1 regulated brokers. We recommend not depositing more than you can afford to lose.
Regulatory Framework
Limited investor protection. Exercise caution and only invest what you can afford to lose.
Security Features Checklist
Understanding the Trust Score
Our 45/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use FxGlory?
✅ Best For
- Beginners will appreciate FxGlory's low $1 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Muslim traders can benefit from FxGlory's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
❌ May Not Suit
- If rock-bottom trading costs are your priority, FxGlory's 1.6 pip spreads may not represent the best value. More cost-competitive alternatives exist.
- Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.
Looking for alternatives?
📝 The Bottom Line on FxGlory
FxGlory is a decent option worth considering with a 3.3/5 rating.
📈 FxGlory Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how FxGlory performed in our rigorous testing:
FxGlory may not suit all traders. Consider alternatives.
💰 FxGlory Fees & Spreads
Understanding trading costs is crucial for profitability. FxGlory uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 1.6 pips .
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 1.6 | 1.6 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with FxGlory:
- Spread Cost: 1.6 pips × $10/pip = $16.0
- Commission: $0
- Total Cost: $16.0 per lot
🛡️ FxGlory Regulation & Safety
FxGlory is regulated by FSA, a Tier 3 - Basic regulatory authority. While regulated, traders should be aware that offshore regulation may offer less protection than tier-1 jurisdictions.
📜 Regulatory Licenses
- FSA SVG 22045
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 45/100
Lower Trust: Exercise caution and verify all regulatory claims independently.
🖥️ FxGlory Trading Platforms
FxGlory offers 2 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✗ | ✗ |
| Copy Trading | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✗ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 FxGlory Tradable Instruments
FxGlory offers access to 70+ tradable instruments across multiple asset classes. This includes 50 forex pairs , 5 cryptocurrencies .
👤 FxGlory Account Types
FxGlory offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Not available
💳 FxGlory Deposits & Withdrawals
FxGlory requires a minimum deposit of $1 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ FxGlory Pros & Cons
✅ Pros
- Regulated by FSA with investor protection
- Free demo account available for practice
- Low minimum deposit of just $1 makes it accessible
- Negative balance protection for retail traders
- Swap-free Islamic accounts available
❌ Cons
- Spreads above industry average at 1.6 pips
- Offshore regulation offers less protection than tier-1 jurisdictions
- No copy trading feature
- Limited educational resources for advanced traders
📚 FxGlory Education & Research
FxGlory's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 FxGlory Customer Support
FxGlory offers customer support to assist traders with their queries.
⭐ FxGlory User Reviews
📝 User reviews will be displayed here. Share your experience with FxGlory!
Write a Review🏆 FxGlory — Our Verdict
FxGlory may not be ideal for most traders. With FSA regulation, 1.6 pips EUR/USD spreads, and a $1 minimum deposit, this broker is particularly accessible for beginners .
Best for: Beginners with limited capital
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ FxGlory — Frequently Asked Questions
Is FxGlory a safe and regulated broker?
Yes, FxGlory is regulated by FSA, which is a Tier 3 - Basic regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at FxGlory?
The minimum deposit at FxGlory is $1. This is considered low and accessible for beginners.
What trading platforms does FxGlory offer?
FxGlory offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are FxGlory's spreads on EUR/USD?
FxGlory offers EUR/USD spreads with an average of 1.6 pips. The broker uses Variable spreads.
How long do withdrawals take at FxGlory?
Withdrawal processing times at FxGlory depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does FxGlory offer a demo account?
Yes, FxGlory offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is FxGlory's maximum leverage?
FxGlory offers maximum leverage of 1:3000. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:3000 may be available
Higher leverage increases both potential profits and potential losses.
Can I use FxGlory in ?
FxGlory accepts traders from . The broker operates under FSA regulation. Always verify current availability and applicable regulations on the broker's website.
Does FxGlory offer Islamic (swap-free) accounts?
Yes, FxGlory offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact FxGlory's support to request an Islamic account.
What instruments can I trade with FxGlory?
FxGlory offers access to 70+ tradable instruments:
- 50 Forex currency pairs
- 5 Cryptocurrencies
- 8 Index CFDs
- 6 Commodities
