What is Forex?

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History of the Forex market

Prior to 1971, speculation was not permitted in the currency markets due to an agreement called the Bretton Woods Agreement. This agreement was set up in 1945 with the purpose of stabilizing international currencies and preventing money from fleeing across nations. This agreement fixed all national currencies against the dollar and set the dollar at a rate of $35 per ounce of gold.In 1971, the Bretton...

Terms and Conditions

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1. IntroductionThe Company provides the brokerage services specified in these Terms and Conditions.These Terms and Conditions are in addition to any other agreements between you and Fxglory. The Company reserves the right to change these Terms and Conditions and can modify them at any time without prior notice. The Client is responsible for regularly reviewing and continued use of this website constitutes agreement to all such changes.The Company’s official language...

Spreads

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What is a Spread?

A spread refers to the difference between the buying (ask) price and the selling (bid) price of a currency pair. It represents the broker's fee for executing the trade, outside of any official transaction charges.

Why are Spreads Important?

Cost of Trading: The spread essentially defines the initial cost of a trade. A narrower spread means you're starting with a smaller initial loss. Trading Strategy: Depending on trading style,...

Trading Account Conditions

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Fxglory Trading Accounts

Fxglory is committed to providing its clients with the best trading conditions it can.All our accounts are Standard or Islamic. Forex Islamic accounts are also known as Swap-free accounts as they imply no swap or rollover interest on overnight positions. When trading on the Swap-free account with any currency pair, a trader does not gain or lose any amount regardless of the position volume. Even keeping the trade open for...

Open a Demo Account

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What is a demo account?

If you start trading in the Forex market without enough knowledge and practice, you will lose your capital undoubtedly. Consequently, financial losses will cause mental losses as well. Therefore, it is strongly recommended to both professional and beginner traders to practice in a demo account before getting involved in real trading. You are able to use our free demo account in order to practice online trading...

Why Fxglory

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Why do most traders choose Fxglory?

Fxglory gained a reputation as one of the most respected companies in the world of Forex market. It combines flexibility and ease-of-use with remarkable professionalism. What makes us outstanding among other brokers is our customer satisfaction, our unique website design, competitive and fully transparent prices, cutting-edge trading tools, trustworthy trade execution, the highest leverage in the world, up-to-date, reliable, high quality services, multilingual 24 hour...

About Us

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What we offer

Fxglory Group Ltd offers its clients high-class services as well as reliable and accessible environment using modern technologies. We provide both new and professional traders with MetaTrader 4 which is the most popular platform and allows them an immediate Forex trading by using advanced trading tools in the global market. We offer our clients daily technical analysis to give them a great...