Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighTakes deposits for live trading with no financial licence at all; only offshore company registrations in Saint Lucia and St Vincent, which are not regulation and protect nothing.
Identity & transparency
6/10 · HighA real entity and address are disclosed, but the operation has churned through UK, St Vincent and now a 2023 Saint Lucia shell run from Georgia, so the money holder is new and opaque.
Withdrawals & conduct
7/10 · HighA recurring, checkable, multi platform pattern of profits deleted and balances confiscated after wins; serious, though genuine fast payouts to many clients keep it below the top of the scale.
Reputation
6/10 · HighMixed. Trustpilot 3.8 from 62 reviews with a bimodal split, plus forum scam alerts, but no confirmed regulator warning naming the domain.
Website claims
6/10 · HighIts 'since 2011' claim is true, but it markets client funds as segregated and 'untouchable' while unregulated, which overstates the real protection.
Operational history
3/10 · LowGenuinely operating since 2011 by domain and first company records, tempered by repeated dissolutions and moves to more opaque offshore entities.
Who they are
A quick desk file on the company behind the brand.
- Brand: FXGlory (fxglory.com)
- Legal entity: Glory Group Limited, trading as FXGlory
- Registered: Saint Lucia, International Business Company number 2023-00207, at Rodney Court Building, Rodney Bay, Gros Islet; earlier registered in St Vincent (BC 23463) and, until they were dissolved, through UK companies
- Operations: managed from Tbilisi, Georgia, according to the site's own footer
- Website: fxglory.com (live, registered 2011). The glory-forex.com address on our record has lapsed and no longer resolves
- Only 'licence': none. Offshore company registrations only, which are not financial regulation
- Offers: forex, metals, crypto and CFDs on MT4, MT5 and web platforms, leverage up to 1:3000, 50% deposit bonus
- Not accepted: United States, United Kingdom, Canada, Japan, Australia, Italy and sanctioned countries
- Age claim: 'since 2011', which matches the domain and the first company records
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Registry of International Business Companies, Saint Lucia
St Vincent and the Grenadines (company registry)
Department of Economic Development, United Arab Emirates
Why we reached this verdict
How the evidence adds up.
We rate FXGlory high risk and unverified. The score reflects an unregulated broker with a real fund safety problem, balanced against a genuine long history and evidence that many clients are paid.
- No regulation, no protection. FXGlory takes deposits for live forex and CFD trading but holds no licence from any financial regulator. Its Saint Lucia and St Vincent registrations are company filings, not trading licences, and neither jurisdiction supervises forex brokers. If something goes wrong, there is no regulator to complain to.
- Money does not always come back. Across Trustpilot and public trader forums, clients describe the same mechanism: after a large win, profits are deleted or the account is locked or closed and the balance withheld, justified by broadly worded terms (one review cites a 'Rule 4.12', others mention 'scalping' or 'high volatility' rules). Reviewers quote figures from a few hundred dollars up to very large sums.
- The company that holds your money is new and opaque. The brand is old, but the current contracting entity is a 2023 Saint Lucia shell run from Georgia, and the previous UK financial company was dissolved in December 2024. The operation has repeatedly moved to less accountable wrappers.
- Extreme leverage. Up to 1:3000, which by itself signals the absence of any serious oversight.
- Why not a stronger label. We could not confirm any regulator warning naming fxglory.com at the source, and many users do report fast, normal withdrawals. Those facts stop us short of calling it a confirmed scam, but they do not make it safe.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The live site at fxglory.com operates as FXGLORY LTD, offering forex, metals, crypto and CFDs with leverage up to 1:3000 and crypto and PayPal deposits, and shows no regulator or licence number.
StrongFXGlory websiteE2The site footer names Glory Group Limited (trading as FXGlory), registered in Saint Lucia number 2023-00207 at Rodney Bay, with operations managed from Tbilisi, Georgia, and restricts the US, UK, Canada, Japan, Australia and Italy.
ModerateFXGlory website footerE3The Security of Funds page claims client money is held in separate bank accounts and is 'untouchable', and cites a presence 'since 2011', but names no financial regulator.
ModerateFXGlory Security of Funds pageE4Domain records show fxglory.com was registered on 30 January 2011, consistent with the broker's 'since 2011' claim and a genuine long operating history.
StrongVerisign RDAPE5The glory-forex.com address listed as the main website on our record was registered in 2019 and has since lapsed, no longer resolving; the live operation is at fxglory.com.
ModerateVerisign RDAPE6UK Companies House shows the original FXGLORY LTD (07782399) was incorporated on 21 September 2011 as an IT services company and dissolved on 28 October 2014.
ModerateUK Companies HouseE7UK Companies House shows FX GLORY GROUP LTD (10244274), a financial intermediation company at the mass registration address 27 Old Gloucester Street, was incorporated in 2016 and dissolved on 3 December 2024, after which the client facing entity became the Saint Lucia shell.
ModerateUK Companies HouseE8Trustpilot rates FXGlory 3.8 from 62 reviews with a bimodal 57 percent five star and 32 percent one star split; one star reviews repeatedly describe profits deleted and balances confiscated after large wins, citing terms such as a 'Rule 4.12', with figures from a few hundred dollars upward.
StrongTrustpilotE9FXGlory publishes no financial regulator or licence number anywhere; its only credentials are offshore company registrations (Saint Lucia 2023-00207, St Vincent BC 23463) and a claimed 2011 UAE trade registration, none of which is a forex licence.
StrongFXGlory About Us pageE10Alongside the complaints, recent reviews include specific reports of successful, fast withdrawals settled within hours, showing the broker does pay many clients.
ModerateTrustpilot
The other side
The strongest case in this broker’s favour.
In fairness, several things point the other way and a reader deserves to see them.
- It is genuinely old. The domain was registered in 2011 and the first company records date to the same year. This is a long running operation, not a throwaway site.
- Many people are paid. Recent reviews include specific, credible reports of fast withdrawals, some settled within hours by card, crypto or PayPal.
- It does not fake a top tier licence. FXGlory does not claim to be regulated by the FCA or another major authority. It discloses that it is only registered offshore, which is more honest than a clone that borrows someone else's licence number.
- It turns away the strict markets. The site says it does not serve the United States, United Kingdom, Canada, Japan, Australia and others, so it is not openly soliciting the most protected clients.
- A real entity and address are disclosed. There is a named company and a Saint Lucia address, not a fully anonymous operation.
What would change this
What we would need to see to revise the verdict.
Concrete things that would move this verdict up or down:
- Toward safe: FXGlory obtaining and listing a genuine tier 1 or tier 2 licence (for example FCA, ASIC or CySEC) that could be confirmed on that regulator's own register.
- Toward safe: the profit deletion and account closure complaints stopping, with a clear, consistent record of winning traders being paid in full.
- Toward scam: a financial regulator publishing a warning that names fxglory.com, or a confirmed pattern of demands for extra payments such as tax or fees before funds are released.
- Toward scam: the live site going dark while balances are owed, which would point to an exit in progress.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
UK Companies House: FX GLORY GROUP LTD (dissolved)
The UK financial-services entity behind the brand, dissolved in December 2024.
UK Companies House: FXGLORY LTD (dissolved 2014)
The original 2011 entity, registered as an IT-services company, dissolved in 2014.
Trustpilot reviews for fxglory.com
Read the mix of fast-payout praise and confiscated-balance complaints.
FXGlory's own statement of where it is registered
The broker's account of its offshore registration and 2011 origin, with no financial regulator named.
Frequently asked questions
Quick answers about this broker’s safety.
Is FXGlory a scam?
We rate FXGlory high risk and unverified, not a confirmed scam. It is unregulated and has a long record of complaints that winning profits and balances are withheld, but many clients are also paid normally. Treat it as unsafe for any money you need to be able to withdraw.
Is FXGlory regulated?
No. FXGlory holds no licence from any financial regulator such as the FCA, CySEC or the UAE SCA. Its Saint Lucia and St Vincent registrations are company filings, not trading licences, and neither place supervises forex brokers.
Is FXGlory a fraud?
We did not find a regulator finding or court ruling of fraud against FXGlory, and we do not label it fraudulent. What we did find is a repeated pattern of clients reporting deleted profits and confiscated balances after wins. We assess the risk of losing funds as high, especially for profitable traders.
Can I withdraw my money from FXGlory?
Many users report fast withdrawals of smaller amounts, sometimes within hours. The recurring problem is larger sums and profits after big wins, which reviewers say are deleted or blocked under vague account rules. There is no regulator to appeal to if that happens.
Is my money safe with FXGlory?
There is no regulatory protection. The site says client funds are segregated and 'untouchable', but no supervisor enforces that because the company is unregulated. If the firm withholds funds, you would have very limited recourse.
Who owns FXGlory?
The site names Glory Group Limited, a Saint Lucia company (number 2023-00207) trading as FXGlory, with operations run from Tbilisi, Georgia. Earlier the brand used a St Vincent company and UK companies that have since been dissolved. Individual owners are not disclosed.
How old is FXGlory? Has it really been around since 2011?
Yes, the operation is genuinely old. The domain fxglory.com was registered in January 2011 and the first company records date to the same year. However, the specific company that holds client money today was only set up in 2023.
What is a Saint Lucia or St Vincent registration worth for a broker?
Very little for your protection. These are offshore company registrations, not forex licences, and neither jurisdiction regulates or supervises forex and CFD brokers. They do not guarantee segregation, fair dealing or any compensation.
Is FXGlory a clone of another broker?
No. FXGlory is its own long standing brand operating its own 2011 domain, not an impersonation of another regulated firm. Note that a separate FCA warning about a firm called 'Glory Finance' is a different company and is not FXGlory.
Does FXGlory accept clients from the US or UK?
No. The site states it does not provide services to residents of the United States, United Kingdom, Canada, Japan, Australia, Italy and sanctioned countries. If you are in one of those places you should not use it.
What should I check before depositing with FXGlory?
Confirm whether it holds any real regulatory licence (it does not), read the withdrawal and prohibited trading terms, and search recent reviews for withdrawal outcomes. Given the findings, only risk money you can afford to lose and withdraw profits quickly.
What can I do if FXGlory deletes my profits or will not release my funds?
Put your complaint in writing to the broker, keep all trade records and tickets, and ask your card issuer or payment provider about a chargeback where possible. Report the matter to your national financial regulator, though recovery from an unregulated offshore broker can be difficult.
What we recommend
The practical takeaway from everything above.
For traders:
- Treat any money sent to FXGlory as money you could lose, because there is no regulator standing behind it.
- Do not keep large balances or built up profits on the platform. The main documented risk here is not getting winnings out.
- If you still choose to use it, start small, withdraw early and often, read the withdrawal and prohibited trading terms first, and keep screenshots of trades and tickets.
- If funds are withheld, raise a formal complaint in writing, request a chargeback through your card issuer or payment provider where possible, and report the matter to your national financial regulator.
For the platform: keep the status as unregulated, show a risk warning, do not delist, and review again in about 90 days.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 11, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.