Compare FXGiants vs FxGlory
What is FXGiants? What is FxGlory?
FXGiants is a forex and CFD broker that was founded in 2015 and is regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). It offers over 200 trading instruments, including forex, metals, indices, commodities, futures, and shares.
FxGlory is a forex broker that was established in 2011 and is regulated by the Financial Services Commission (FSC) of Saint Vincent and the Grenadines. It offers over 50 currency pairs, as well as commodities, indices, and cryptocurrencies.
Best Forex Brokers Ranking
Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
---|---|---|---|---|---|---|---|
1 | Exness | ![]() | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
2 | IC Markets | ![]() | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
3 | XM | ![]() | Open XM account | 30$ | MT4, MT5 | 5$ | - |
4 | XTB | ![]() | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
5 | FBS | ![]() | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
FXGiants vs FxGlory Regulation Comparison
FXGiants has a higher level of regulation than FxGlory, as it is authorized by two reputable regulators in the UK and Australia, which have strict rules and standards for financial services providers. FXGiants also participates in the Financial Services Compensation Scheme (FSCS) in the UK, which protects clients’ funds up to £85,000 in case of broker insolvency.
FxGlory is regulated by the FSC of Saint Vincent and the Grenadines, which is a less reputable and more lenient regulator than the FCA or ASIC. FxGlory does not offer any compensation scheme or segregation of client funds, which means that clients’ money may be at risk in case of broker bankruptcy or fraud.
FXGiants vs FxGlory Trading Assets Comparison
FXGiants has a wider range of trading assets than FxGlory, as it offers more than 200 instruments across various markets, such as forex, metals, indices, commodities, futures, and shares. FXGiants also allows trading on spot metals and futures contracts, which are not available on FxGlory.
FxGlory has a more limited range of trading assets than FXGiants, as it offers only about 50 currency pairs, along with some commodities, indices, and cryptocurrencies. FxGlory does not offer trading on spot metals or futures contracts, which may limit the trading opportunities for some traders.
FXGiants vs FxGlory Trading Fees Comparison
FXGiants has lower trading fees than FxGlory, as it offers competitive spreads and commissions on its trading accounts. FXGiants also provides zero commission trading on its Zero Fixed Spread account, which has fixed spreads starting from 0 pips on major currency pairs.
FxGlory has higher trading fees than FXGiants, as it charges higher spreads and commissions on its trading accounts. FxGlory also does not offer any zero commission trading option, and its fixed spreads start from 2 pips on major currency pairs.
FXGiants vs FxGlory Account Types Comparison
FXGiants has more account types than FxGlory, as it offers six different account options for different trading styles and preferences. These are: Micro account (minimum deposit $100), Premium account (minimum deposit $500), Zero Fixed Spread account (minimum deposit $500), STP/ECN No Commission account (minimum deposit $500), STP/ECN 0 Spread account (minimum deposit $500), and Absolute Zero account (minimum deposit $100).
FxGlory has fewer account types than FXGiants, as it offers only three account options for different leverage levels. These are: Standard account (minimum deposit $1), Premium account (minimum deposit $1000), and VIP account (minimum deposit $5000).
FXGiants vs FxGlory Deposit Options Comparison
FXGiants has more deposit and withdrawal options than FxGlory, as it supports various payment methods, such as credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller, etc.), and cryptocurrencies (Bitcoin, Ethereum, etc.). FXGiants also does not charge any fees for deposits or withdrawals.
FxGlory has fewer deposit and withdrawal options than FXGiants, as it supports only credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller, etc.), and cryptocurrencies (Bitcoin). FxGlory also charges some fees for deposits or withdrawals depending on the payment method.
FXGiants vs FxGlory Trading Platforms Comparison
FXGiants and FxGlory both use the MetaTrader 4 (MT4) trading platform, which is one of the most popular and widely used platforms in the forex industry. MT4 offers advanced charting tools, technical indicators, automated trading systems, and a user-friendly interface.
FXGiants also offers the MetaTrader 5 (MT5) trading platform, which is the newer and more advanced version of MT4. MT5 has more features and functionalities than MT4, such as more timeframes, more order types, more technical indicators, more market depth, and more trading instruments.
FXGiants vs FxGlory Analytical Tools Comparison
FXGiants has more analytical tools than FxGlory, as it provides various resources and services to help traders with their market analysis and trading decisions. These include: economic calendar, market news, market outlook, trading signals, technical analysis, fundamental analysis, webinars, seminars, and educational materials.
FxGlory has fewer analytical tools than FXGiants, as it provides only some basic resources and services to assist traders with their market analysis and trading decisions. These include: economic calendar, market news, trading signals, and educational materials.
FXGiants vs FxGlory. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that can affect your trading performance and experience. There are many factors to consider when comparing different brokers, such as regulation, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms, and analytical tools. FXGiants and FxGlory have many differences in terms of their features and services. Depending on your trading goals, preferences, and risk appetite, you may find one broker more suitable than the other. However, before you make your final decision, you do some more research on both brokers and try their demo accounts to test their platforms and conditions. You can also read some reviews from other traders who have used these brokers to get some feedback and insights.