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.

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:
- Identify the exact contracting company shown in the client agreement.
- Search that legal name in the claimed regulator's official public register.
- Match the license number, website domain, address, and permitted activities.
- Confirm that the status is active and specifically covers investment or forex services.
- 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.
| Feature | FXGlory Information |
|---|---|
| Founded | 2011 |
| Headquarters | Castries, Saint Lucia |
| Disclosed regulators | No verified financial regulator |
| Registration verified | SVG company no. 23463; Saint Lucia IBC 2023-00207 struck in 2025 |
| Trading platforms | MT4, MT5, WebTrader, GloryTrader |
| Minimum deposit | 1 USD |
| Maximum leverage | 1:3000 |
| Account types | Standard, Premium, VIP, Classic, Pro, ECN, Islamic |
| Islamic account | Available |
| Customer support | Phone, email, live support |
| Deposit methods | Cards, 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.