Categories: Trading

Is FXGlory Regulated?

Fxglory, established in 2011 and headquartered in Saint Vincent and the Grenadines, provides forex and CFD trading instruments with leverage up to 1:3000. Furthermore, NBP (Negative Balance Protection) ensures clients never experience more losses than their initial investment amount.

Customer service

FXGlory offers various customer service options to its clients, including telephone, email and live chat support. Representatives are available round-the-clock to answer client inquiries as well as providing multilingual assistance.

FXGlory stands out from its competition by not charging commissions when trading, as well as using an easy web-based platform that requires no download. Traders can access FXGlory using either their laptop or mobile device.

This broker provides its global clientele with multiple trading denominations to meet their needs, helping to reduce costly currency conversion fees when depositing or withdrawing funds. They also offer tools like margin calculators that enable clients to manage risks better, making them ideal for newcomers as well as experienced traders alike.

Minimum deposit

Fxglory, registered offshore in Saint Vincent and the Grenadines, lacks a license from a recognized regulatory body – something many traders find disconcerting – yet offers many attractive features, including low minimum deposits and high leverages that draw traders in.

Traders have several methods available to them for depositing funds, including bank wire transfer, credit/debit cards and e-wallets such as Neteller and Skrill. Cryptocurrencies can also be deposited and withdrawn as needed. In terms of account types available to them – Standard or VIP with spreads starting at 2 pip – each offer its own distinct advantages.

Fxglory’s website is encrypted, an indicator that their trading environment is safe. They promise to maintain clients’ funds in separate accounts that are entirely separate from any company funds held within Fxglory itself.

Trading platform

Fxglory provides a premium trading experience with low spreads, zero commissions and high levels of leverage. Their platform is built upon the popular MT4 trading software which makes them suitable for both novices and seasoned traders alike.

This broker provides multiple trading denominations to meet the needs of global clients. Accounts come equipped with free VPS servers that can help automate trading systems. Furthermore, SSL encryption technology keeps client funds separate from company resources.

Clients can trade in various markets such as forex pairs, metals and energy commodities as well as popular indices on this website. Educational materials and technical indicators can also be found there as well as an assortment of deposit and withdrawal methods.

Trading conditions

FXGlory offers clients access to an expansive selection of trading instruments through the MT4 platform, without restrictions on strategies (scalping, hedging and algorithmic trading are permitted). However, it should be noted that FXGlory is unregulated by any reliable body.

However, this company has implemented anti-money laundering policies and segregates client funds from operational capital. Furthermore, 256-bit SSL encryption protects its website and safeguards client information during transmission.

Negative balance protection provided to clients of this company is another great feature, helping traders avoid losing more than they have on hand. Furthermore, developed risk management tools and innovative technologies help traders control risks and losses effectively. Furthermore, bank transfers as well as major online money transfer services are supported for deposits and withdrawals with this firm.

Reputation

Fxglory was established in the United Arab Emirates in 2011 as an ECN broker. They provide clients with various trading tools as well as reliable support services through phone call and live chat, plus several deposit/withdrawal options.

This broker is an excellent option for traders who value high leverage and user-friendly trading platforms, boasting excellent customer service ratings and being available 24/5 to assist their customers. Their platform uses MetaTrader 4 software which supports desktop and mobile devices alike and comes in multiple languages for added user friendliness; their website is easy to navigate, user-friendly and does not charge commissions or hidden fees – an appealing combination.

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