Compare FxGlory vs Globex360
What is FxGlory? What is Globex360?
FxGlory is an online forex trading broker that was established in 2011 and is regulated by the National Bank of Georgia. FxGlory offers trading with forex and CFDs, indices, precious metals, energy and cryptocurrencies on the MetaTrader 4 platform.
Globex360 is an online trading broker that was launched in 2017 and is regulated by the South African Financial Sector Conduct Authority (FSCA). Globex360 offers trading with forex and CFDs, indices, precious metals, energy and cryptocurrencies on the MetaTrader 4 platform as well as a web-based platform.
FxGlory vs Globex360 Regulation Comparison
FxGlory is regulated by the National Bank of Georgia, which is not a very reputable or strict regulator in the forex industry. FxGlory does not provide much information about its regulatory status or client protection measures on its website.
Globex360 is regulated by the FSCA, which is a top-tier regulator in South Africa that oversees the financial markets and protects investors. Globex360 provides details about its FSCA license number, segregated accounts, negative balance protection and compensation fund on its website.
FxGlory vs Globex360 Trading Assets Comparison
FxGlory offers over 40 currency pairs, 8 commodities, 12 indices, 3 energies and 5 cryptocurrencies for trading.
Globex360 offers over 50 currency pairs, 10 commodities, 15 indices, 4 energies and 6 cryptocurrencies for trading.
FxGlory vs Globex360 Trading Fees Comparison
FxGlory charges variable spreads that start from 2 pips for major currency pairs and commissions that range from $0 to $12 per lot depending on the account type. FxGlory also charges swap fees for holding positions overnight and deposit/withdrawal fees for some payment methods.
Globex360 charges variable spreads that start from 1.4 pips for major currency pairs and no commissions for most account types. Globex360 does not charge swap fees for Islamic accounts and deposit/withdrawal fees for any payment method.
FxGlory vs Globex360 Account Types Comparison
FxGlory offers four account types: Standard, Premium, VIP and CIP. The minimum deposit ranges from $20 to $50,000 and the maximum leverage ranges from 1:100 to 1:3000 depending on the account type. All account types offer a 50% bonus on each deposit and access to a free VPS server.
Globex360 offers four account types: Standard, Premium, Premium+ and Private Wealth. The minimum deposit ranges from $20 to $5,000 and the maximum leverage is fixed at 1:300 for all account types. All account types offer a bonus of up to 100% on the first deposit and access to a free trading academy.
FxGlory vs Globex360 Deposit Options Comparison
FxGlory supports various deposit and withdrawal options such as credit/debit cards, bank wire transfer, Skrill, Neteller, Perfect Money, WebMoney, Bitcoin and more. The processing time varies from instant to 3 business days depending on the method. The minimum deposit/withdrawal amount is $1 for most methods except bank wire transfer which requires $500.
Globex360 supports various deposit and withdrawal options such as credit/debit cards, bank wire transfer, Skrill, Neteller, Perfect Money, WebMoney, Bitcoin and more. The processing time is instant for all methods except bank wire transfer which takes up to 24 hours. The minimum deposit/withdrawal amount is $20 for most methods except bank wire transfer which requires $100.
FxGlory vs Globex360 Trading Platforms Comparison
FxGlory offers the MetaTrader 4 platform as its main trading platform. The MT4 platform is available as a desktop application, a web-based version and a mobile app for iOS and Android devices. The MT4 platform provides various features such as advanced charting tools, technical indicators, market news, automated trading and more.
Globex360 offers the MetaTrader 4 platform as well as a web-based platform as its main trading platforms. The MT4 platform is available as a desktop application, a web-based version and a mobile app for iOS and Android devices. The web-based platform is accessible from any browser without any download or installation required. Both platforms provide various features such as advanced charting tools, technical indicators, market news, automated trading and more.
FxGlory vs Globex360 Analytical Tools Comparison
FxGlory provides some analytical tools such as an economic calendar, a daily market analysis, a trading calculator and a trading signals service. However, these tools are not very comprehensive or updated regularly.
Globex360 provides some analytical tools such as an economic calendar, a daily market analysis, a trading calculator and a volatility analysis. These tools are more comprehensive and updated regularly.
FxGlory vs Globex360. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, preferences and goals. However, here are some general suggestions that may help you make an informed choice.
- If you are looking for a more reputable and reliable broker that is regulated by a top-tier authority and offers better client protection measures, then Globex360 may be a better option for you. FxGlory is regulated by a less strict regulator and does not provide much information about its regulatory status or client protection measures .
- If you are looking for a more competitive and transparent broker that offers lower spreads and commissions, no swap fees for Islamic accounts and no deposit/withdrawal fees for any payment method, then Globex360 may be a better option for you. FxGlory charges higher spreads and commissions, swap fees for holding positions overnight and deposit/withdrawal fees for some payment methods .
- If you are looking for a more flexible and generous broker that offers higher leverage, a 50% bonus on each deposit and access to a free VPS server, then FxGlory may be a better option for you. Globex360 offers lower leverage, a bonus of up to 100% on the first deposit and access to a free trading academy .
- If you are looking for a more diverse and comprehensive broker that offers more trading assets, more analytical tools and more trading platforms, then Globex360 may be a better option for you. FxGlory offers fewer trading assets, less analytical tools and only the MetaTrader 4 platform .
Ultimately, the best forex broker for you is the one that meets your needs and expectations.
