Compare Admiral Markets vs FxGlory
What is Admiral Markets? What is FxGlory?
Admiral Markets is a trading platform for forex, contracts for difference (CFDs) and foreign exchange transactions across various financial markets. Established in 2001 by Alexander Tsikhilov, it is listed on the Nasdaq Nordic stock exchange. It offers trading and investing in 8,000+ markets, including forex, indices, stocks, commodities, bonds, ETFs and cryptocurrencies.
FxGlory is a trading platform for forex and CFDs on various instruments, including currencies, metals, energies and indices. It was founded in 2011 and is registered in Saint Vincent and the Grenadines. It offers trading with leverage up to 1:3000, 50% bonus on each deposit, fixed and low spreads, free VPS server, swap-free accounts and micro lot trading.
Admiral Markets vs FxGlory Regulation Comparison
Admiral Markets is regulated by the world’s top regulators, including the Financial Conduct Authority (FCA) in the UK, the Estonian Financial Supervision Authority (EFSA), the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC).
FxGlory is not regulated by any major authority. It is only registered in Saint Vincent and the Grenadines, which is not a reputable jurisdiction for forex brokers. It does not provide any information about its license number or regulatory status on its website.
Admiral Markets vs FxGlory Trading Assets Comparison
| Asset | Admiral Markets | FxGlory |
|---|---|---|
| Forex | 80 CFDs on currency pairs | 34 currency pairs |
| Indices | 43 Indices CFDs, including cash CFDs and Index Futures | 12 indices |
| Stocks | 3000+ Share CFDs, as well as the ability to invest in thousands of shares | No |
| Commodities | CFDs on metals, energies and agriculture commodities | CFDs on metals and energies |
| Bonds | US Treasuries and Germany Bund CFDs | No |
| ETFs | 370+ ETF CFDs, plus hundreds of ETFs available through Invest.MT5 | No |
| Cryptocurrencies | CFDs on Bitcoin, Dash, Ether, Litecoin, Monero and more | No |
Admiral Markets vs FxGlory Trading Fees Comparison
Admiral Markets charges variable spreads depending on the account type and market conditions. The typical spreads for some of the major currency pairs are as follows:
| Currency Pair | Trade.MT4 Account | Trade.MT5 Account | Zero.MT4 Account | Zero.MT5 Account |
|---|---|---|---|---|
| EURUSD | 0.6 pips | 0.6 pips | 0 pips + commission | 0 pips + commission |
| GBPUSD | 1.6 pips | 1.6 pips | 0.1 pips + commission | 0.1 pips + commission |
| USDJPY | 0.9 pips | 0.9 pips | 0 pips + commission | 0 pips + commission |
FxGlory charges fixed spreads regardless of the account type or market conditions. The spreads for some of the major currency pairs are as follows:
| Currency Pair | Standard Account | Premium Account |
|---|---|---|
| EURUSD | 2 pips | 2 pips |
| GBPUSD | 3 pips | 3 pips |
| USDJPY | 3 pips | 3 pips |
Admiral Markets vs FxGlory Account Types Comparison
Admiral Markets offers four types of accounts: Trade.MT4, Trade.MT5, Zero.MT4 and Zero.MT5. The main differences between them are the trading platforms (MetaTrader 4 or MetaTrader 5), the spreads (variable or zero), the commissions (none or applicable) and the minimum deposits ($100 or $1000). All accounts have a leverage of up to 1:500 for forex and up to 1:20 for stocks.
FxGlory offers three types of accounts: Standard, Premium and VIP. The main differences between them are the minimum deposits ($1, $1000 and $5000 respectively), the leverage (up to 1:3000, 1:2000 and 1:1000 respectively) and the lot size (0.01, 0.1 and 1 respectively). All accounts have fixed spreads and no commissions.
Admiral Markets vs FxGlory Deposit Options Comparison
Admiral Markets accepts various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, Skrill, Neteller, PayPal, Klarna, iDEAL, Przelewy24, SafetyPay and Trustly. The processing time and fees may vary depending on the method and the currency. Generally, deposits are instant and free of charge, while withdrawals may take up to 3 business days and incur some fees.
FxGlory accepts various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, Skrill, Neteller, PayPal, Perfect Money, WebMoney, Bitcoin and Litecoin. The processing time and fees may vary depending on the method and the currency. Generally, deposits are instant and free of charge, while withdrawals may take up to 24 hours and incur some fees.
Admiral Markets vs FxGlory Trading Platforms Comparison
Admiral Markets supports MetaTrader 4 and MetaTrader 5 as its trading platforms. MetaTrader is the most popular and widely used platform in the forex industry. It offers advanced charting tools, technical indicators, automated trading systems (Expert Advisors), market news and analysis. Admiral Markets also provides its own web-based platform called WebTrader, which is compatible with any browser and device.
FxGlory supports MetaTrader 4 as its trading platform. MetaTrader 4 is a reliable and user-friendly platform that offers many features for traders of all levels. FxGlory also provides a web-based platform that can be accessed from any browser and device.
Admiral Markets vs FxGlory Analytical Tools Comparison
Admiral Markets provides various analytical tools to help traders make informed decisions. Some of these tools are:
- Premium Analytics: A service that offers exclusive access to market news, analysis, signals and sentiment indicators from Dow Jones, Trading Central and Acuity.
- Trading Calculator: A tool that allows traders to calculate the margin, profit/loss, swap fees and pip value of their trades.
- Volatility Protection: A feature that protects traders from adverse price movements, slippage and gaps.
- Market Sentiment: A tool that shows the percentage of buyers and sellers for each instrument.
- Market Heat Map: A tool that shows the performance of different markets and sectors in a graphical way.
FxGlory does not provide any analytical tools on its website or platform. It only offers some basic market news and analysis from third-party sources.
Admiral Markets vs FxGlory. Which forex broker is better? Which forex broker should you choose?
Different brokers may suit different traders depending on their preferences, goals and strategies. However, it can be seen that Admiral Markets has some advantages over FxGlory, such as:
- It is regulated by reputable agencies, while FxGlory is not.
- It offers more trading instruments, including stocks, bonds, ETFs and cryptocurrencies, while FxGlory only offers forex and some commodities.
- It supports MetaTrader 5, a more advanced and flexible platform than MetaTrader 4.
- It offers different analysis tools, such as Advanced Analytics, Trading Calculator and Volatility Protection, while FxGlory does not.
- On the other hand, FxGlory has several advantages over Admiral Markets, such as:It offers higher leverage, up to 1:3000, while Admiral Markets offers up to 1:500.
- It offers fixed spreads, which may be more suitable for some traders who want to avoid variable spreads and commissions.
- It offers a 50% bonus on every deposit, which can be attractive to some traders looking to increase their trading capital.
- Ultimately, choosing a broker depends on your personal preferences and needs. You may want to try both brokers on a demo account before making a decision. You may also want to check other factors, such as customer service, educational and research materials, and user reviews.
