Compare FXGlory’s account types: Standard, Premium, and VIP. Understand the key differences in features like leverage, spreads, and account requirements
Overview of FXGlory Account Types
FXGlory offers three different account types to meet the needs of traders at any experience level. The account types are named Standard, Premium, and VIP, and each account type has its own unique specifications, such as minimum deposit, maximum leverage, maximum lot size, and minimum lot size, tailored to a specific group of traders. However, one thing that remains consistent across all FXGlory account types is that they are swap-free (Islamic account) and commission-free. These account types are not available on FXGlory demo accounts, as all demo accounts will have FXGlory Standard account specifications.
FXGlory Standard Account
The Standard FXGlory account is suited for novice, inexperienced, or beginner traders by offering the lowest minimum deposit, the highest leverage, and the highest margin call and stop-out percentages, along with a maximum lot size of 1 standard lot. You may wonder why a maximum lot size of 1 standard lot is an advantage for FXGlory, and we must say it’s because the Standard account is designed for novice and inexperienced traders. The maximum lot size limit helps prevent them from losing all their money in a single trade. Here’s the full information about the FXGlory Standard account:
FXGlory Premium Account
The Premium account is tailored for more experienced traders who have found their path and wish to delve deeper into trading. The FXGlory Premium account offers better features in every aspect compared to the FXGlory Standard account and is the lowest account type where you can enjoy a free VPS. However, it requires a minimum deposit of $1,000 for activation. They claim that after the initial deposit, the deposit conditions will be the same as the Standard account. Here are the complete details about the FXGlory Premium account:
FXGlory VIP Account
The FXGlory pro account, or known as the VIP account, is the highest account type offered by FXGlory, specifically designed for professional traders who are confident in the market and wish to take larger steps in their trading journey. This account allows you to trade amounts that are remarkable for any trader and offers the lowest FXGlory spread charges, lowest margin call and stop-out percentages, and hedged margin percentage. It also features the highest maximum lot size, the largest bonus, and the ability to open the most positions simultaneously. The following table outlines the VIP account's specifications:
FXGlory Islamic Account
If you're looking for a trading account that aligns with your financial goals and ethical values, the FXGlory swap-free account offers the perfect solution for traders who want to avoid overnight interest charges. The good news is that all FXGlory account types are swap-free. Whether you're trading forex, commodities, or cryptocurrencies, you can benefit from a fully compliant account designed for long-term positions. Enjoy the freedom to trade without worrying about swaps, allowing you to focus solely on your trading strategies.
How to Change Your FXGlory Account Type
FXGlory does not offer an account type change option, but you can always go through the account opening steps to open up to 10 FXGlory real accounts (10 FXGlory MT4, 10 FXGlory MT5, and 10 FXGlory GloryTrader accounts) and choose your desired account type for each account. You can also transfer all your funds from your old account to your new account or split them between multiple new accounts.
FXGlory Account Type Conclusion
FXGlory provides three account types—Standard, Premium, and VIP—designed for traders at different skill levels. The Standard account is perfect for beginners, offering low deposits, high leverage, and protection from big losses. The Premium account is for more experienced traders, offering better features and a free VPS with a higher deposit. The VIP account is made for professionals, with the lowest spreads, higher lot sizes, and more trading opportunities.
All accounts are swap-free and commission free, which is great for traders who want interest-free trading. While you can't change your account type, you can open multiple accounts to suit your needs. Overall, FXGlory offers a flexible and ethical choice for traders of all levels.
FAQs
What are the different types of FXGlory accounts?
FXGlory company provides three different account types: Standard, Premium, and VIP.
What are the most popular types of FXGlory accounts?
All FXGlory accounts are popular among their clients, and most clients have multiple account types to use in different situations.
How can I open different FXGlory account types?
You need to follow the account opening steps to open up to 10 FXGlory MetaTrader 5, 10 MetaTrader 4, and 10 GloryTrader accounts.
Which account type is the FXGlory bonus account?
You can receive a 50% bonus on all your accounts with FXGlory.
Which account type is the FXGlory cheapest account?
The FXGlory Standard account has a minimum deposit as low as $1, and there are no FXGlory swap and overnight fees on any of their accounts.
Which account type is the high-leverage account?
The FXGlory Standard account offers the highest FXGlory leverage.
Published by:
Daniel Carter