Review summary
GloryTrade, operating as GLORY COMMERCE, is a forex entity established for 5-10 years and registered in the United Kingdom. According to WikiFX data, this broker holds no valid regulatory licenses for forex trading and is classified with a comprehensive risk score of 1.58 out of 10, indicating an exceptionally high-risk profile. The entity's scope of business has been flagged as suspicious, and it operates without any financial oversight from recognized authorities such as the UK's Financial Conduct Authority (FCA). Public exposure highlights issues regarding potential platform manipulation and execution irregularities during market closures, as reported by users. Trading terms, including minimum deposit and leverage specifics, are not publicly disclosed, and the broker does not offer mainstream trading platforms like MT4 or MT5. WikiFX assessment indicates this is an unregulated offshore entity presenting severe risks due to the complete absence of credible regulatory safeguards and transparency. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-08)
