At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this FxGlory broker review.
FxGlory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit. Though, they do not charge our clients for this service. The spread offered by the broker ranges from 2 to 10. Also, the trades of their clients are automatically connected to a bank. To name some of their precious advantages they can say the fast execution of the trades and the minimum spread on trades.
At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this ProfitiX broker review.
ProfitiX is a financial services and brokerage company providing top-quality trading conditions and services, with ultra-fast execution on the MetaTrader5 platform, fund security, and a wide-ranging choice of trading instruments.
They offer high quality brokerage services that go with the usage of their trading platform and instruments, paving the way for opportunities to benefit from market price movements and price differences, fully complemented with technical tools as well as assistance and customer support.
|#||Broker's Features||PROFITIX Availability||FXGLORY Availability|
|#||Accepts US traders||❌||✔|
|#||24 hour trading||✔||✔|
|#||Trading by phone||❌||✔|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||✔||✔|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||✔||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare ProfitiX vs Fxglory.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. ProfitiX offers Online Financial Trading and Investment Services Such as Currency Trading, Commodities Trading, Shares Trad, while Fxglory offers N/A.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. ProfitiX is Broker, while Fxglory is Broker.
Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. ProfitiX recommended minimum capital is 250, while Fxglory has a Minimum Deposit Requirement of 1.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ProfitiX is regulated by N/A, while Fxglory regulated by IFSA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. ProfitiX offers USD, EUR, GBP different account currencies for each account types, while Fxglory offers USD account currencies.
Languages Available: Next lets have a look at each broker's different Language options. ProfitiX offers English, Deutsch, while Fxglory offers English Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. ProfitiX offers MasterCard, Visa, Wire Transfer different payment methods for each account types, while Fxglory offers PayPal, Credit Cards, Skrill, OKPAY,Payza, Netelle payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, ProfitiX makes MetaTrader 5, MT5 for Android/iOS, MT5 WebTrader available to clients, while Fxglory offers MetaTrader4 desktop/mobile, WebTrader.