All Share (J203) = 89 519
Rand / Dollar = 18.19
Rand / Pound = 23.51
Rand / Euro = 19.78
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FXGlory Demo Account

FX Glory Demo Account
 

FX Glory does offer a demo account for first time traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

FX Glory at a glance

🔍 Broker's NameFX Glory
📍 HeadquarteredDubai
📅 Year Founded2011
⚖️ Regulating AuthoritiesNot regulated
🌐 Countries not accepted for tradeGeorgia, Bangladesh, Korea, Syria, Sudan, Iran, Nigeria
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
🚀 Sign up bonusYes
📈 Maximum Leverage1:3000
💰 Minimum Deposit$1/R16
💳 Deposit Options Bitcoin Payments, EasyPay, Neteller, PayPal, Perfect Money, Skrill, SticPay, Visa, Webmoney, Wire Transfer
💳 Withdrawal Options Bitcoin Payments, EasyPay, Neteller, PayPal, Perfect Money, Skrill, SticPay, Visa, Webmoney, Wire Transfer
💻 Platform TypesMT4
📱 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad
📈 Tradable assets offeredForex, commodities, cryptocurrencies
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish, Arab, Deutsch, Russian
📆 Customer Service Hours24/7
👉 Open a accountClick Here

 

Min Deposit

USD 1

Regulators

Not Regulated

Trading Platform

MT4, WebTrader

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

📍 Choose your quick section of our FXGlory Demo Account below.

 

FX Glory Demo Account – 6 key points quick overview:

  1. ✔️How to set up a Demo Account – Step by Step
  2. ✔️FX Glory Demo Account Features
  3. ✔️FX Glory Pros and Cons
  4. FX Glory Customer Reviews
  5. Conclusion
  6. Frequently Asked Questions

 

📍 Here is an overview of the FXGlory Demo Account as well as the features that are offered.

 

How to set up a Demo Account – Step by Step

FX Glory Demo Account

 

To register for, and set up a demo account with FX Glory, traders must visit the website and follow the simple steps. New accounts are applied for online and processed according to established industry standards.

 

You can open live account or demo account (also called practice account) from start to finish on the FX Glory website and choose to open a demo account first. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.

 

FX Glory accounts can be opened in USD. An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step. Note that this ‘Know Your Client (KYC) process, may only be necessary once you decide to move forward and work with real money.

 

📍 Follow these steps to open an account:

👉 Step 1 : Download MT4

After that, run the MT4 program and go to the “File” menu. You will see “Open an Account”, click on it.

FX Glory Demo account step 1

 

👉 Step 2 : Fill in the form

Fill in the form with the required details and click on the “Next” button

FX Glory Demo account step 2

 

👉 Step 3 : You will be provided with a password

You will have your demo account username and password and you can start trading.

FX Glory Demo account step 3

 

A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’. Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what FX Glory has to offer.

 

FX Glory Demo Account Features

 

FX Glory Demo Account Features

 

FX Glory’ demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

 

Traders that open an FX Glory demo account, can download the MT4 platform and register their details to enjoy risk-free trading with fast executions while testing the MT4 platform, a new strategy, and the broker’s services. There is however a reduced list of currency pairs available with the demo account.

 

Min Deposit

USD 1

Regulators

Not Regulated

Trading Platform

MT4, WebTrader

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FX Glory Pros and Cons

✔️ Pros❌ Cons
$1 minimum deposit requiredDemo account can be used only for limited time
Demo account is availableNo MT5 platform provided
Swap-free trading accounts availableOffshore broker
US clients are acceptedOnly basic educational resources

 

FX Glory Customer Reviews

 

FX Glory Customer Reviews

 

FxGlory Is A Good broker

I love FxGlory I’ve been using this broker for close to a year now and so far it’s been a good experience for me I make quick profits withdrawal regularly and the customer services is extremely helpful

Customer reviews Five stars

super forex broker

fxglory is a super broker.nice support ,no commision in trading low speard in forex and oil trading.the only bad thing i see in here is it is taking more spread in metals trading.as a conclution fxglory is the best.also my favorite is 50% tradeable bonus.

Customer reviews Five stars

Good trading strategy platform

Customer reviews Five stars

 

Conclusion

 

Overall, can FX Glory be summarized has a reliable broker with good customer support.

FX Glory does offer a demo account for first time traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

FX Glory Contact us

 

You might also like: FXGlory Review

You might also like: FXGlory Account Types Overview

You might also like: FXGlory Fees and Spreads

You might also like: FXGlory Islamic Account Overview

You might also like: FXGlory Minimum Deposit

You might also like: FXGlory Sign up Bonus

 

 

Frequently Asked Questions

 

 

Are South African traders allowed to open a demo account with FXGlory?

 

Yes, traders residing in South Africa are allowed to open a FXGlory demo account

 

How does the FXGlory demo account differ from a real live trading account?

 

The FXGlory demo account is not connected to a Bank, there is a lack of rejected orders and it does not provide you with a full list of currency pairs.

 

How long is the FXGlory demo account valid?

 

The FXGlory demo account is available for practice trading for a period of 60 days from registration. Thereafter the account will be lost if you do not continue to use it.

 

Does FXGlory support the Metatrader platforms?

 

FXGlory supports the MT4 platform, but not the MT5 trading platform.

 

Does FXGlory provide educational resources?

 

Only the basic educational resources are provided by FXGlory

4.3/5 - (20 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

September 7, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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