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FXGlory Review · 2026

Warning Broker

Review · 2026 Castries, Saint Lucia · Founded 2011 · Operating as Glory Group Limited

License verified 29 Sep 2026 Next re-scan Dec 2026 15+ years in operation Min. deposit $1 · Leverage 1:3000

Key facts

Checked against SVG FSA register
Regulation
SVG FSA
Headquarters
Castries
Business model
Fixed-Spread Forex
Registration
Saint Lucia
Min. deposit
$1
Max leverage
1:3000
Spread from
0.1 pip (ECN)
Founded
2011
Legal entity
Glory Group Limited
Website
fxglory.com
Support email
—
Phone
+1 208 500 0100
Influence index
D

Active licenses

Checked on the regulator's public register, not the broker's website.

1 active
  • SVG FSA VC
    Active
    Entity
    FXGlory Ltd.
    License ID
    23463
    Type
    Business Company Registration
    Checked
    29 Sep 2026
    Tier
    Tier 4 Registration only, no real oversight
    Register entry →

Regulator warnings

Public warning records, not licenses.

1
  • St Lucia IBC LC
    On warning list
    Entity
    Glory Group Limited
    License ID
    2023-00207
    Type
    International Business Company Registration
    Open the notice →

Score breakdown

Six dimensions, weighted per the published rubric.

Methodology →
Regulation 0.0/10
Weight 25%
License 0.0/10
Weight 20%
Risk Control 3.5/10
Weight 20%
Business 3.5/10
Weight 15%
Software 4.5/10
Weight 10%
Influence 0.0/10
Weight 10%

Strengths

6
  • $1 minimum deposit on Standard and Classic accounts
  • MT4, MT5, WebTrader, and GloryTrader available
  • ECN spreads listed from 0.1 pip
  • Free VPS for verified accounts with at least $1,000 deposited
  • Negative balance protection is publicly documented
  • 39 forex pairs plus metals and cryptocurrencies

Weaknesses

5
  • No active financial regulator license verified as of September 2026
  • Saint Lucia struck Glory Group Limited from its IBC register in 2025
  • Ukraine NSSMC still lists FXGlory as a questionable investment project
  • CONSOB reported FXGlory unauthorized in Italy in 2016
  • ECN account requires a $3,500 minimum deposit

Fees & trading

Min. deposit $1 · Leverage 1:3000

Trading platforms

  • MT4
  • MT5
  • WebTrader
  • GloryTrader

Account types

  • Standard
  • Premium
  • VIP
  • Classic
  • Pro
  • ECN
  • Islamic (swap-free)

Deposit methods

  • Credit/Debit Card
  • Perfect Money
  • Neteller
  • Cryptocurrency
  • Skrill
  • Zelle Bank Transfer

VPS hosting

Free for verified accounts with at least $1,000 deposited.

Full review 7 min read Updated 29 Sep 2026

FXGlory review 2026: $1 entry, up to 1:3000 leverage, MT4, MT5, and GloryTrader

FXGlory is a Castries, Saint Lucia-based fixed-spread forex broker founded in 2011. It is not licensed by a financial regulator; its website offers MetaTrader 4, MetaTrader 5, and GloryTrader with Standard, Premium, VIP, Classic, Pro, and ECN accounts. It serves retail clients across 39 forex pairs, precious metals, and cryptocurrencies.

FXGlory review

What is FXGlory?

FXGlory is a forex trading brand founded in 2011 and currently presents Castries, Saint Lucia as its head-office location. FXSharp's earlier verification identified Glory Group Limited as the company behind the reviewed operation. The live website also uses the name FXGLORY LTD and references company registration in Saint Vincent and the Grenadines. That corporate history matters because company registration is not the same as a financial-services license.

The broker focuses on retail leveraged trading rather than exchange-listed securities. Its current product set covers 39 forex pairs, precious metals, and cryptocurrencies. The site promotes fixed-spread accounts, an ECN account, and leverage up to 1:3000. An ECN account means an Electronic Communication Network pricing model, although regulatory oversight still depends on the licensed legal entity.

Is FXGlory regulated? Verification check

The reviewed operation has no active financial regulator license verified as of September 19, 2026. Saint Vincent registration number 23463 appears in the official company register for FXGlory Ltd, but it is a business-company registration. The Saint Vincent and the Grenadines Financial Services Authority does not turn that corporate entry into a retail forex license.

Saint Lucia records create an additional corporate-status issue. Glory Group Limited, IBC number 2023-00207, appeared in a September 2025 striking-off notice. The Saint Lucia Government Gazette then recorded that company as struck from the International Business Companies register on October 24, 2025. The broker website still lists a Saint Lucia head office, so the registration status and website presentation do not align cleanly.

What trading platforms are available?

Platform access includes MT4, MT5, WebTrader, and GloryTrader. MT4 and MT5 mean MetaTrader 4 and MetaTrader 5, widely used retail trading terminals with charting and automated-strategy support. The broker's helpdesk tells users to select the GloryGroup-Live server for real MetaTrader accounts. Independent MetaQuotes server verification was not confirmed in FXSharp's earlier check, so platform support remains broker-disclosed rather than independently verified.

GloryTrader is the broker's browser-based platform family. The official trading-platform page describes Classic, Pro, and Mobile versions. WebTrader also works through a browser and accepts MT4 account credentials. This platform breadth is operationally useful, but software availability does not replace licensing, compensation, or regulator-supervised client-money rules.

Red flags and warning signs

The risk profile comes from public records rather than a single allegation. Three items deserve separation because they describe different issues:

  • No verified financial license: the reviewed registrations are corporate records, not confirmed retail forex authorizations.
  • Company-status change: Saint Lucia struck Glory Group Limited, IBC 2023-00207, from its register in October 2025.
  • Regulator warnings: Italian, British Virgin Islands, and Ukrainian authorities have published adverse or cautionary records concerning the brand.

These findings do not prove every client transaction is improper. They do show that the protections associated with a regulated investment firm are not verified here. Examples of missing protections include a statutory investor compensation scheme, a regulator-supervised complaints route, and confirmed prudential oversight.

What is the minimum deposit?

The lowest stated deposit is 1 USD for Standard MT4 and Classic accounts. The Standard MT5 entry level is 100 USD. Premium requires 1,000 USD, Pro requires 1,500 USD, ECN requires 3,500 USD, and VIP requires 5,000 USD. These thresholds come from the broker's current account-types page.

Pricing differs by account. Standard and Classic list fixed spreads, meaning the gap between bid and ask prices, from 2 pips. A pip is a standard small forex price increment. ECN lists spreads from 0.1 pip, while commission varies by asset type. Maximum leverage falls from 1:3000 on Standard to 1:200 on ECN.

Regulator warning list check

Italy's CONSOB (National Commission for Companies and the Stock Exchange) published a warning in October 2016. It stated that FXGlory Ltd was not authorized to provide investment services in Italy through fxglory.com (source: CONSOB, October 10, 2016). The broker later posted that it would stop accepting Italian clients.

The BVI FSC (British Virgin Islands Financial Services Commission) also issued Advisory Warning No. 2 of 2016 concerning FXGlory Ltd. Its public warning record stated that the company was not licensed by that authority (source: BVI FSC, July 6, 2016). Ukraine's NSSMC added FXGlory to its list of questionable investment projects on December 6, 2023 (source: NSSMC, December 6, 2023).

User complaint patterns

The current user-aggregate signal is mixed rather than uniformly negative. The scanned review database showed 3.8/5 from 62 reviews on September 19, 2026. Its distribution included 57% five-star reviews and 32% one-star reviews. Recent positive reports described completed withdrawals and responsive support, while negative reports described rule disputes, account restrictions, and withdrawal concerns.

User reviews are not regulator findings and should not be treated as proof of misconduct. Their value is pattern detection across repeated operational themes. Here, the split distribution shows sharply different client experiences. The broker publicly replied to several negative reviews and disputed allegations involving trade deletion, account treatment, or withheld funds.

Withdrawal rules and reported delays

Official withdrawal rules require a fully verified account and generally require using the original funding method. Available methods include cards, Neteller, cryptocurrency, Skrill, PayPal, and SticPay. The helpdesk lists method-specific fees and minimums. For example, Skrill carries a 3% plus 3 USD withdrawal charge, while PayPal lists a 9% fee.

Withdrawal timing is also a recurring user-review topic. Some recent reviewers reported processing within hours, while others described longer waits for larger amounts. Those statements are user reports, not independently audited settlement data. The official rules also permit fees and verification checks, so a delayed request needs to be separated from a denied request when evaluating complaints.

License verification steps

License verification starts with the legal entity, not the brand name. A reader can check the broker using the following sequence:

  1. Identify the exact contracting company shown in the client agreement.
  2. Search that legal name in the claimed regulator's official public register.
  3. Match the license number, website domain, address, and permitted activities.
  4. Confirm that the status is active and specifically covers investment or forex services.
  5. Treat an IBC or business-company number as incorporation evidence, not automatically as a brokerage license.

For this review, Saint Vincent number 23463 confirms a company record, while Saint Lucia IBC 2023-00207 has a striking-off record. Neither record supplies the missing financial-services authorization. A genuine regulated broker normally has a regulator page that names the licensed entity and defines its permitted activities.

Customer support

The broker publishes multiple support channels and regional phone numbers. Its contact page lists support contacts for the United Kingdom, Australia, Spain, Cyprus, and Georgia. It also lists a Saint Lucia head office. These are contact points, not evidence that the firm holds local financial authorization in those countries.

The helpdesk covers account verification, MetaTrader access, deposits, withdrawals, leverage, and platform troubleshooting. Account verification is mandatory before withdrawal. The same helpdesk states that some deposit methods can be used before verification, but withdrawals remain blocked until verification finishes. That sequence makes identity-document completion an operational requirement before funds can leave the account.

Registered offices and company location

The website currently identifies Castries, Saint Lucia as the head-office location. It gives the address as PKF Corporate Services Building, Meridian Place, Choc Estate. The site separately lists a Tbilisi office in Georgia and several international support numbers. None of those locations establishes local investment authorization by itself.

The corporate record needs extra context because the Saint Lucia company was struck from the IBC register in October 2025. The website also references FXGlory Ltd with Saint Vincent company number 23463. This creates a distinction between the trading brand, the Saint Lucia entity, and the Saint Vincent company record. Contract documents should therefore be checked for the exact entity receiving client funds.

FeatureFXGlory Information
Founded2011
HeadquartersCastries, Saint Lucia
Disclosed regulatorsNo verified financial regulator
Registration verifiedSVG company no. 23463; Saint Lucia IBC 2023-00207 struck in 2025
Trading platformsMT4, MT5, WebTrader, GloryTrader
Minimum deposit1 USD
Maximum leverage1:3000
Account typesStandard, Premium, VIP, Classic, Pro, ECN, Islamic
Islamic accountAvailable
Customer supportPhone, email, live support
Deposit methodsCards, Neteller, cryptocurrency, Skrill, SticPay

Is FXGlory safe? Honest assessment

FXGlory combines a long operating history and broad platform access with no verified active financial license. The core distinction is between company registration and financial regulation. Saint Vincent company number 23463 does not provide the protections of an investment-firm license. The Saint Lucia entity that FXSharp identified earlier was struck from that jurisdiction's IBC register in 2025.

Public warnings add a second layer of regulatory risk. CONSOB, the BVI FSC, and Ukraine's NSSMC have each published cautionary records concerning the brand or entity. The broker still operates, advertises 1:3000 leverage, and supports several account types. Readers prioritizing regulator-supervised custody, compensation schemes, and formal ombudsman access will not find those protections verified in the reviewed records.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.

FXSharp Editorial Team
Published 29 Sep 2026 · Last verified 29 Sep 2026 · Sources: SVG FSA register, St Lucia IBC register, fxglory.com

Frequently asked questions

FXGlory is not backed by a verified active financial regulator license in the reviewed records. Saint Vincent company number 23463 is a corporate registration, not a retail forex authorization. Glory Group Limited, Saint Lucia IBC 2023-00207, was struck from that register in October 2025. The review therefore classifies the broker's regulation status as suspicious.
FXGlory is best described by verified status, not an unsupported scam label. No active financial-services license was confirmed, while regulators have published adverse records. CONSOB stated in October 2016 that FXGlory Ltd was not authorized in Italy, and Ukraine's NSSMC added the brand to its questionable investment projects list on December 6, 2023.
FXGlory has public warning records from several authorities. CONSOB stated on October 10, 2016 that FXGlory Ltd was not authorized to provide investment services in Italy. The BVI FSC issued Advisory Warning No. 2 of 2016 on July 6, 2016. Ukraine's NSSMC added FXGlory to its questionable investment projects list on December 6, 2023.
FXGlory's status can be checked by matching the exact legal entity to an official regulator register. Search the contracting company name, license number, website domain, and permitted activities. Saint Vincent number 23463 confirms a company registration, while Saint Lucia IBC 2023-00207 has a striking-off record. A corporate registration alone does not establish authorization to provide forex investment services.
Fund recovery depends on the payment method, jurisdiction, contract terms, and transaction history. Possible formal routes include a card chargeback request, a payment-provider dispute, a complaint to a relevant financial or consumer authority, or a civil claim. FXGlory has no verified investor compensation scheme in the reviewed records, so there is no confirmed regulator-backed compensation fund for clients.

User reviews & complaints

Verified client reviews only. Complaints are forwarded to the broker.

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