FXGlory Bewertungen 64

Antwort von FXGlory

21. Jan. 2025

Dear Reviewer,

Thank you for sharing your feedback. However, we must firmly address the circumstances that led to the closure of your account.

Our investigation revealed a clear and deliberate breach of our platform's rules and terms of service. Specifically:

Defrauding through Multi-Account Manipulation: You engaged in activities involving multiple accounts, orchestrating trades to exploit the system unfairly. This type of manipulation, including coordinated internal hedging, is strictly prohibited as it constitutes an intentional attempt to defraud the broker and disrupt the fairness of the trading environment.

Misuse of Credit: You misused the credit provided by our platform, leveraging it in a way that was explicitly against the terms and designed to gain illegitimate financial advantages. This behavior undermines the trust and fairness we strive to provide to all our clients.

Illegal Scalping Practices: Your trading style involved highly abusive strategies, including illegal scalping across multiple accounts, which is not only unacceptable but also violates industry standards and ethical trading practices.

Such actions represent a direct violation of the rules you agreed to when opening your account with us. Despite these serious breaches, we acted fairly and transparently by fully refunding your initial deposits. It’s crucial to highlight that no funds were withheld on our part, even though the actions taken were warranted to protect our platform and its users from exploitative practices.

At FXGlory, we are deeply committed to maintaining a secure, fair, and equitable trading environment for all clients. Attempts to misuse or defraud the system will not be tolerated, and we will always take decisive action to safeguard the integrity of our platform.

If you wish to discuss this matter further or require clarification, we encourage you to contact our support team. However, we stand firmly by our decision, which was made to ensure the fairness and ethical standards of our platform.

Sincerely,
FXGlory Accounting Department

Antwort von FXGlory

13. Nov. 2024

Hello dear client,

We take all feedback seriously and would like to clarify a few key points. Our trading conditions, which are clearly outlined in our terms, prohibit trading with leverage above 1:100 during news events. Such trades are considered misuse, may not be accepted, and are not guaranteed, as stated in our rule (Section 6.10).

When withdrawals are requested, all trades undergo a thorough review by our team. It is standard practice for trades to be scrutinized at this stage. We have no history of fraud or unfair practices. In fact, you have already successfully withdrawn three times your initial deposit.

This demonstrates that all trades and profits that comply with our trading conditions—terms you agreed to upon registration—are accepted. There is no personal bias or manipulation with any client's account or positions. Everything is handled according to our rules, with reports from multiple departments as well as our liquidity providers.

Although we did not expect this unfair review from you, we still appreciate your time and understanding in sharing your feedback.

Best regards,
FXGlory Accounting Department

Antwort von FXGlory

17. Juli 2024

Dear Client,

We deeply regret to hear about your recent experience and understand how frustrating this situation must be for you. But at FXGlory, transparency and fairness are our top priorities. We acknowledge your concern regarding the policy on scalping, which is outlined in our terms and conditions and has always been there, with all our traders respecting this term.

Unfortunately, based on our policies, we cannot let misuses happen on our platform and people gain profits by an unfair practice or a trading style that is not accepted following the broker's terms and conditions which you had already accepted during registration.

But, still we would like to investigate this matter further to ensure that all procedures were followed correctly and to provide you with a clear explanation. Please reach out to our support team directly at support@fxglory.com or +44 744 190 6300 with your account details so we can assist you promptly.

Your satisfaction is very important to us, and we hope to resolve this issue to your satisfaction.

Best regards,
Customer Support Team
FXGlory

Antwort von FXGlory

17. Juli 2024

Dear Client,

We respect your review and understand the importance of regulatory status in the forex industry. However, we believe your statement is somewhat irrelevant. Not all brokers are regulated in every part of the world, and lack of regulation in a specific region does not equate to unreliability.

FXGlory operates under strict guidelines to ensure the safety and security of our clients' funds, providing a trustworthy trading environment. If you have any specific questions or concerns about our practices or policies, please feel free to contact our support team.

Best regards,
Customer Support Team
FXGlory

Antwort von FXGlory

17. Juli 2024

Dear Client,

We understand that unexpected charges can be frustrating and appreciate you bringing this to our attention, but our goal has always been to provide a transparent service, and we clearly state all fees, including withdrawal fees, in our terms and conditions in addition to a specific page dedicated to this on our website, to avoid any surprises.

Additionally, the amount of fee for every withdrawal method is calculated and clearly stated at the time of every withdrawal, which client can always acknowledge before the request and change it to another method available with low to zero fees at FXGlory.

We are continually reviewing our fee structure to ensure it remains competitive and fair. If you have any specific concerns or if there was any misunderstanding regarding our fee policies, please contact our support team at support@fxglory.com or +44 744 190 6300. We would be happy to discuss your concerns further and work towards a resolution.

Thank you for your feedback, as it helps us improve our services.

Best regards,
Customer Support Team
FXGlory

Antwort von FXGlory

13. Juni 2023

Thank you for reaching out to us and sharing your concerns regarding your trading experience. We understand that you have expressed dissatisfaction with not receiving a profit of 2200 USD. We would like to take this opportunity to address the situation and provide you with a detailed explanation as we were able to find your account at our broker.

Upon conducting a thorough investigation into your account, we discovered multiple violations of our company policies. It has come to our attention that you have opened multiple accounts at our brokerage using fake identities, which is strictly against our rules and regulations. We have implemented these measures to maintain a fair and secure trading environment for all our clients.

Furthermore, it has become apparent that you were attempting to defraud the company by misusing the tradable bonus that we offer. Hedging between accounts and engaging in multi-accounting activities are clear violations of our terms and conditions. Such activities are considered an abuse of our system and an attempt to exploit the broker.

It is important to note that we did not withhold any funds from your account. In fact, you were able to successfully withdraw a profit of 1,000 USD on top of your initial deposit of 2,000 USD. We were obligated to take action against your account when we discovered the fraudulent activities, and as a result, we had to close your account and inform you accordingly.

We take these matters very seriously, as maintaining the integrity of our platform and providing a secure trading environment is our top priority. We strive to ensure fair and transparent practices for all our clients, which is why we have robust policies in place to prevent fraudulent activities.

We understand that this situation may be disappointing for you, but we kindly request that you refrain from engaging in any further fraudulent activities and abide by the rules and regulations of our brokerage. Should you have any questions or require further clarification, please do not hesitate to contact our customer support team. We are here to assist you and address any concerns you may have.

Thank you for your understanding.

Best regards,
FXGlory Ltd

Antwort von FXGlory

13. Juni 2023

Thank you for reaching out to us and expressing your concerns about the dismissal of your profits. We understand that you are disappointed with the outcome, and we would like to address this matter.

Firstly, we would like to draw your attention to a specific rule mentioned in our broker's trading terms and conditions. This particular rule prohibits clients from opening trades during the release of important news events while utilizing a leverage greater than 1:100. It appears that in this case, you may have unintentionally violated this rule, resulting in the dismissal of your trades by our LP (Liquidity Provider).

We understand that this situation may be frustrating for you. However, we would like to emphasize that our intention behind implementing this rule is to protect our clients from potential risks associated with high leverage during volatile market conditions. By restricting leverage during important news releases, we aim to provide a more secure trading environment for our clients.

Nevertheless, we appreciate your feedback and want to assure you that we take all client concerns seriously. We encourage you to contact our broker directly to address your claims and problems. Our support team will be more than willing to assist you and resolve any issues you may have encountered.

We kindly request that, instead of posting a negative review, you give us the opportunity to rectify the situation by engaging with our support team. Your satisfaction is important to us, and we believe that direct communication will lead to a more effective resolution.

We apologize for any inconvenience this may have caused and appreciate your understanding. We value your continued trust in our services and remain committed to providing a positive trading experience.

Thank you for your cooperation.

Best regards,
FXGlory Ltd

Antwort von FXGlory

26. Jan. 2023

Hello there,

Here is an official answer to this review from FXGlory Ltd.

Please kindly be informed that the broker (FXGlory Ltd) has not ever kept or blocked any funds from its customers, nor does it have the right to do such an action.
FXGlory Ltd has always been the most cooperative with its clients in terms of trading, depositing, withdrawing funds or any other requests that clients may ever had.

But, FXGlory Ltd needs to protect itself and also its clients from any illegal activities, suspicious fund transfers or any other activities whether from its partners or clients that the risk management department of this company identifies.

The customer that left this review with the name of (achab) here, failed to verify himself through the periodical KYC procedure of FXGlory Ltd, then FXGlory Ltd kindly asked the customer multiple times and gave him the time to provide the relevant documents as he was trying to do business with FXGlory from a country/jurisdiction that FXGlory does not provide services to and was using prohibited robots and 3rd party services to open trades at this broker and misusing the market with illegal softwares which are not allowed at FXGlory which is clearly stated in the terms and conditions and user agreement.

The client provided documents that were all rejected by the relevant department of this broker and we kindly asked the client to withdraw all the deposited funds into his accounts at this broker as we couldn't continue providing services to this client, but he refused to sign the relevant mandatory documents and provide them to the broker to withdraw the funds out of the broker and for his account to be closed and instead he has been asking repeatedly to talk to irrelevant people and positions at FXGlory Ltd which is not possible by any means.

In regard to the broker's AML, CTF and Refund policies, all the deposited funds of this client has been returned/refunded to him except for a small amount which has been ready to be paid out for months, pending the customer to provide the broker with the requested document that customer constantly refuses to provide.

It is worth to say again that FXGlory does not ever, hold or block and funds of its clients, even in the worst fraud cases, we return all the initial deposits back to the customer and close their accounts, so did we in this case of the client "achab". No funds are missing nor kept and as soon as the client provides the broker with the signed requested document, the remaining small amount of the client's funds will be released and paid out immediately.

Best Reagrds,
FXGlory Management Team