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GLORY TRADE

Belize|2-5 years|
Suspicious Scope of Business|High potential risk|

http://www.glorytrademarket.com/

Website

Rating Index

Contact

support@glorytrademarket.vip
http://www.glorytrademarket.com/
2118 Guava Street Belama Phase 1, P. O. Box 1920 BELIZE CITY.

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

GLORY TRADE · WikiFX Survey

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GLORY TRADE · Company Summary

GLORY TRADE Review

GLORY TRADE, also named CPT Markets, is a provider of international financial derivatives and related services. The company is registered in Belize and claims to have over 11 years experience of in financial derivatives. They provide investors with leverage up to 1:1000. However, unregulated status is a main problem for traders to consider.

GLORY TRADE Review

Pros and Cons

ProsCons
Business covers 3 continentsNo regulation
6 trading productsNo stock trading available
3 trading platforms
No commission
floating spreads starting from 0 pips

Is GLORY TRADE Legit?

The company is registered in Belize and claims to be regulated by the Belize International Financial Services Commission. The license number is: No. IFSC/60/430/TS/19. However, we did not find the license number information on the IFSC official website, so the broker does not have a valid regulatory license.

Is GLORY TRADE Legit?

What Can I Trade on GLORY TRADE?

GLORY TRADE currently provides 6 trading products, including foreign exchange trading for currency exchange in various countries, precious metal trading mainly with gold and silver, crude oil trading, CFD trading for trading commodity prices, index trading based on futures price fluctuations, and Bitcoin trading.

Tradable Instruments Supported
Foreign Exchange
CFD
Precious Metal
Index
Crude Oil
Digital Currency
What Can I Trade on GLORY TRADE?

Account Type

GLORY TRADE only provides an STD standard account that can trade commodities, stock indices, and cryptocurrencies. The floating spread starts at 1.8, with a deposit of $500, and the maximum leverage can reach 1:1000, which will bring the risk for novices.

GLORY TRADE Fees

GLORY TRADE is commission-free and has floating spreads. There are three platforms, for example, Meta Trader 4 points float from 0.4 points and fixed points from 2 points, Meta Trader 5 starts floating from 0.2, and GLORY TRADE starts from 0. The minimum deposit is $500, with designated stop loss levels. Details are as follows:

Function ComparisonMeta Trader4Meta Trader5GLORY TRADE
SpreadFloating, from 0.4 points Fixed, from 2 pointsFloating, from 0.2 pointsFloating, from 0 point
Commission /Spread PlusNo commission, no spread plusNo commission, no spread plusNo commission, no spread plus
Margin call/Compulsory stop loss level100%/20%100%/20%100%/20%
GLORY TRADE Fees

Trading Platform

Trading PlatformDownload VersionFeature
MT4PC/iOS/AndroidFlexible trading interface
GLORY PROWebReal-time market depth analysis
GLORY TRADE(COCP)Web/PC/iOS/AndroidDirect market access(DMA)/No restrictions on stop/limit prices/Level ll market depth
Trading Platform
Trading Platform
Trading Platform

Customer Service

GLORY TRADE provides email and phone contact, but no live chat.

Contact OptionsDetails
Emailsupport@glorytrademarket.vip
Hotline400-1001-103
Supported languageEnglish
Website LanguageEnglish
Physical Address2118 Guava Street Belama Phase 1, PO Box 1920 BELIZE CITY
Customer Service

Deposit and Withdrawal

GLORY TRADE provides six deposit and withdrawal methods including China UnionPay, wire transfer, credit card/debit card (overseas users only), Security Advisory Committee, and USDT, allowing users to choose at will.

Deposit and Withdrawal

The Bottom Line

GLORY TRADE provides a variety of financial derivatives, but the deposit threshold is relatively high, and it is recommended for experienced traders.

FAQs

Is GLORY TRADE safe?

No, unregulated.

Is GLORY TRADE good for beginners?

No, because the high leverage up to 1:1000, and the unregulated status will bring risk trading situation for investors, especially novices.

Does GLORY TRADE have a demo account?

No, there is currently no demo account.

Risk Warning

Trading is risky. Please think twice before proceeding.

Broker Information

Company Name

GLORY COMMERCE LIMITED

Abbreviation

GLORY TRADE

Regulatory Status

No Regulation

Platform registered country and region

Belize

Phone of the company

--

X

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • 2118 Guava Street Belama Phase 1, P. O. Box 1920 BELIZE CITY.

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@glorytrademarket.vip

Company Summary

Review

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