4/11/ · In our FXGlory review, we will underline key red flags that will let you understand why you should avoid working with them. First, let’s say a few words about the company. FXGlory is a global online financial trading platform and multi-asset broker founded in and headquartered in St. Vincent and the Grenadines 21/6/ · Fxglory is definitely on my top 5 brokers list. they give you a great leverage, you can deposit as much money as you want there is no limitation for those who want to start with a little money, it also gives you some credits when you deposit. It provides almost anything that I require a broker to provide Depending on the broker’s status – regulated or unregulated, every scam differs a bit. However, one thing is common for all of them, and it’s a trading ad. This ad is fully designed for you to see the potential of life you could have if you only invested some money. In the case of FxGlory brokerage, the minimum deposit is $1
FXGlory Review Legit Broker or Not?
FXGlory is another scam broker we will be introducing today. In our FXGlory review, we will underline key red flags that will let you understand why you should avoid working with them. FXGlory is a global online financial trading platform and multi-asset broker founded in and headquartered in St. Vincent and the Grenadines. Over 13 years later, FXGlory has grown to offer retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, fxglory opinioni, and Share Dealing trading.
FXGlory claims to have been operating for 13 years, fxglory opinioni. However, even after years of operation, they did not gain any regulation, fxglory opinioni, which already sounds alarming, fxglory opinioni. Besides, FXGlory is registered in an offshore zone, where the financial institutions do fxglory opinioni supervise forex transactions and activities. In addition to numerous negative comments and complaints from traders with FXGlory experience, the company was also found to be fraudulent, fxglory opinioni noticeable withdrawal delays, customer ignorance, and violations of market prices.
In addition, the Italian regulatory agency CONSOB Italian Companies and Exchange Commission issued a warning to FXGlory, informing investors that the company has no right to provide its investment services or activities in Italy. What are the assets available? When it comes to assets, FXGlory does have many options.
FXGlory claims to be a multi-asset platform with more than tradable assets. The assets available on FXGlory include foreign exchange trading, CFD trading, spread betting, social trading, and stock trading. FxGlory suggests four account types: Standard, Premium, VIP, and CIP.
All accounts are said to provide instant execution, zero conditions, and no swap trading conditions. The standard account is most suitable for novice traders. Premium and VIP accounts are for fxglory opinioni experienced traders with higher minimum deposits, more fxglory opinioni spreads, and free VPS. The minimum deposit for a CIP account is 50, USD, the minimum trading volume is one lot, and the bonus is zero, but it does provide the most competitive spreads.
To open a real account, customers need to register on fxglory. Also, these are leverage offers for each type of account that also sounds alarming:. Traders should note that leverage up to is super high and risky when you trade with an unregulated broker.
Leverage can become your biggest enemy if the trade turns out unsuccessful. The lower leverage fxglory opinioni offered for the CIP account.
To sum up, FXGlory does not provide a single solid and comfortable offer that would suit an average trader, fxglory opinioni. FXGlory offers MetaTrader 4 MT4 terminal as its trading platform. MetaTrader 4 enables traders to access advanced charts to make appropriate decisions and leaders in the foreign exchange market. It provides the necessary tools and resources to analyze the price dynamics of financial instruments, conduct transactions, create and use automated trading programs.
It represents the concept of all in one and is the most popular trading terminal in the world. FXGlory also supports online traders. Fxglory opinioni is an online trading platform that allows you to trade directly through the browser without installing an application on your computer.
When we tried the demo account, WebTrader also worked well, so there was no problem with fxglory opinioni FXGlory trading platform, fxglory opinioni.
Other funny tricks that FxGlory uses to attract clients are bonuses and coupons. This is a well-known method used by scammers to hook clients.
While the official FXGlory website proudly announces that deposits and withdrawals take up to seven days maximum, this is the part where the company gets the most complaints. The withdrawal process is almost impossible, as the system starts lagging, and the customer support is unresponsive, fxglory opinioni. There are tons of more legal and safe brokerage firms available, and working with risky ones might completely ruin your trading experience.
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, time: 1:32:55FxGlory Review – Is it a Scam or Legit Broker () |
11/7/ · FXGlory’s customers support team can be reached in real-time by phone, live chat, email, or by completing the contact form on its webpage. It also provides localized support telephone numbers for various countries. These are: Canada: + (1) Cyprus: + () Broker’s name: FXGlory 13/9/ · FXGlory is owned by FXGlory Ltd, which is an offshore company registered in St. Vincent and the Grenadine. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as 21/6/ · Fxglory is definitely on my top 5 brokers list. they give you a great leverage, you can deposit as much money as you want there is no limitation for those who want to start with a little money, it also gives you some credits when you deposit. It provides almost anything that I require a broker to provide
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