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Warning about the risk of Financial Markets
Financial markets have the potential of both enormous profit and high damage, so it is necessary to notice the notes below:
In Forex market, customers are privileged to have the leverage of even 500 times more than their current deposits, and this feature leads the customer with low deposit to gain lots of profit. Vice versa, concerning the possibility of huge trades, the customer may risk a lot and thus loses his/her resources. For those who are not experienced enough to apply high leverage, it is, therefore, advisable that they work with low leverage to acquire sufficient mastery of the market.

Over 90% of those who are working in financial markets, especially Forex, will encounter a lot of damage in long terms, and few who trade scientifically, programmatically, and unemotionally gain profit. Consequently, it is recommended that you never risk when you are not able to afford more than the amount you can lose, and you yourself would be responsible for any financial or mental harm as a result of the stricken loss. In case you are unable to tolerate the plausible damage or if stress and tension are harmful to your health, do not ever do any kind of trade or open any account. According to scientists' research, Forex is among the top five most stressful jobs in the world and for those who are not ready for that, can be drastically damaging.

Forex is a real market, and changes in the price of currencies in that is on account of the immense commerce performed by eminent banks and brokers that connect such trades to banks. Accordingly, prices, at a specific time, are the same in both banks and brokers, and if a difference may exist, it is to the limitation of spread or lower.
Part III: Financial Rules between the Customer and the Company
We are strongly committed to the rules of anti money laundering, and in case of observing suspicious cases of money laundering, we will inform the security police of the Georgia immediately.

The financial relation between customer and us should be invoked without any intermediaries. To put it another way, you have to send money from your bank account or electronic account with your own name entitled to us; otherwise, if currency dealer sends you money, it is quite necessary that your name and your account number be mentioned in comments.

Withdrawing money from the account to another is impossible under any circumstances; withdrawal is only allowed for the account of the person having a Forex account.

It is possible to invest with some money and to withdraw with some other money by deduction of the fee, but generally you can invest with any electronic money as long as you withdraw with that money and from that account only.

If, due to any reason, the customer intends to withdraw with electronic money except the money he/she has deposited, he/she initially needs to pay in some money from the account he/she is determined to withdraw from to his/her brokery account so that the new bank account will be authenticated by us.

Conspiracy between customer and IB (introducer of broker) for the purpose of generating commissions is illegal, and the warning of aborting the cooperation will be sent to both sides; if it repeats, the broker will claim damage.

In transferring customers' deals to the banks or to other brokers, there are some restrictions enforced on all brokers; we are not exception either. The trades opened and closed in a very short time are not connectable to the bank. As a consequence, the broker will fail to take advantage of the profits of the trades unwrapped and leaved off swiftly; that is, there is no guarantee for the payment of the positions ceased or hedged presently.

The company, to present information on its website and on trading platform, sends some data about market; these data are for discussion on the market, and there is not any recommendation for customer to buy or sell. Our corporation is not responsible for customers' deals and exchanges, and the customers are completely autonomous in purchasing and selling. Comments are different in financial markets, and it is always likely to see opposing views at the same time; thus, the company is not responsible for your probable profit and damage.

The contract of collaboration is not obligatory for the company for giving permanent services, and without previous notice, the contract is rescindable; and also there is no need to express excuse or justification for non-availability of collaboration of broker with customer.
The company must take immediate action to negate the contract on the following conditions:
Contravening any of the segments of this agreement by the customer.
Issuing any type of treaty, instruction, or warning relating to bankruptcy or other similar problems that also include the customer himself/herself.
Referring the company to any type of fraud by the customer.
Negating the agreement should not be a reason for the customer's irresponsibility.
The company can nullify the agreement, but the customer must be informed of this action on paper through a letter seven days before the date of nullification; further, the date of nullification needs to be mentioned in that written correspondence.

The customer is obliged to give correct and appropriate information to the company; in case of change in the information, he/she must notify the company instantly.

Under any circumstances, the customer's information will not be unveiled to the third party except for the cases in which it is required by legal authorities. Such exposure of information will be done only as "need to know". In this case, the company informs the third party that such information is confidential.

The customer assures that the instruction of trades received by us through trading platform does not have to be reconfirmed by the customer; in this regard, maintaining the user account information is essential for customer, and he/she must avoid disclosing those pieces of information. Otherwise, the customer himself/herself is completely responsible for the trades recorded on the trading account.

Recording trade on Meta Trader software does not mean the complete performance of the trade at the bank. Some customers, by applying misusing expert advisers, conduct some unsubstantiated and fake trades, and they misuse brokers' favor in not sending error for the real price in order to generate false profit for themselves; it is recognizable by different ways and includes various methods, which we will elaborate thoroughly if necessary. All the suchlike deeds classified in this segment are illegal; in case of observing, financial bond with the customer is discontinued, and the source of his/her first investment (before doing this fake action) will be returned to any account by means of which he/she has done the charging process.
The customer acknowledges that the money source that he/she sends to the company belongs to himself/herself and does not comprise bank loan, debt, warranty, and other individuals' credits. In addition, the customer acknowledges that his/her capital or holding is not a result of criminal and unlawful deeds and that he/she works on his/her own trading account and is responsible for the whole trades.

The customer's money, after being received by the company, will be added to his/her trading account, and this process takes from several hours to several workdays. The customer, whenever he/she tends, is able to request for the withdrawal of a part of or all of his/her free margin, which is not involved in trading. It is mandatory for our company that the customer or his/her certified agent pays in the money to the company's account, and if it is proved that a third party has paid in that money, the money will be returned with fee deduction.

In case of emergence of any suspicious affair in financial bonds of the customer with the company or the agent, the account of the dubious person is blocked, and the customer's open trades will be terminated until the distrusted issue is taken on, and the problem is resolved. The customer has to accept the delay or the harm as a consequence of the blockage of his/her account for criminally suspicious reasons.

Withdrawal from account takes from several work hours to three workdays in normal conditions, and in case the customer has given the company wrong information or provided that shady affairs are seen in the process of opening account, investment, the customer's types of trades, or his/her withdrawal, the customer's withdrawal will last until the removal of the suspicious affairs.

In case the customer's account is inactive for more than one year, the company blocks his/her account provisionally and informs him/her.

Different costs in different situations are changeable. Of significant cases is the change in the costs of spread and commission in particular conditions of market, which are capable of increasing and decreasing. Then, the customer, before preparing to perform trade, has to behold the costs.

The right of changing the contract at any time is reserved by the company itself for its own sake. On such conditions, the company should consummately acquaint the customer with those changes either on paper or on its website, and the customer has the right to either embrace or reject these rules. Quite considerable is that the customer's assent for carrying instantaneous changes out is not needed.

FxGlory Brokerage due to its policies and rules does not accept those clients who are resident of countries like Iran, North Korea, and some other countries. The company will just present its services to those clients whose country is listed in our website. The fund of those traders who violate this rule will be deposit back net of any transfer fee or other charges incurred by FxGlory. If the client open an account with feigned information, his / her account will be blocked and the security police of Georgia will be informed immediately.

The FxGlory Brokerage does not guarantee any "Stop loss", "Take Profit", and "Pending Orders" in time of any important news and when a gap occurs in the market in the opening time of the market.

The FxGlory does not guarantee those positions which are opened and closed under (3) minute.

The FxGlory will decrease leverage to 1:100, when the market closes and opens or any time that the company determines in its own discretion.

The FxGlory Brokerage reserves the right for itself to reject those pending order or modifying order which cannot be connected to our liquidity providers due to technical problems.

The minimum legal age of opening an account is 18 years old. Therefore, the client declares that he/she is over 18 years old.

The FxGlory Brokerage will disable those account which are inactive for more than six (6) months or their balance is less than USD15 (fifteen).

The FxGlory reserves the right for itself to remove the given credit by itself when the equity of the client's account is under ten percent (10%) of the whole given credit.

Each country has her unique rules and regulations. Sometimes trading Forex in a country would be contrary to local laws or regulations. The responsibility of violating from the laws and regulation of the living country of a client is own the clients himself/herself.

The responsibility of any losses which may occur in case of Force Major Events like political, economic, and social crises or natural disaster or hacking of the broker's servers or systems is on the client himself/herself.

Ask: The amount at which Forex brokers sell a currency.

Bid: The amount at which Forex brokers buy a currency.

Carry cost (also known as 'Premium' or 'Interest'): This is the amount (mostly in $ or # of pips) to keep a certain position open.

Drawdown: A measure of the largest loss that a trader’s account can expect to have at any random interval. The drawdown is stated in dollars or a certain percentage. An example: The value of a traders’ account has gone up from $10.000 to $20.000, then it went down to $15.000 and up again to $25.000. In this case the maximum drawdown is $5.000 (the drop from $20.000 to $15.000) But the traders account did not suffer any losses.

Fundamental Analysis: An assessment as a strategy or macro. Currencies are traded using factors with exception to the action of the price. These factors are inclusive of the country’s state (of that particular currency), policies, and certain additional fundamental factors.

Limit: This is a request to buy or sell when the market reaches a specific amount.

Liquidity: When the market liquidity improves, smaller bids or spread will be quoted. Liquidity is about volume and market activity. It determines how cost effective positions and orders can be traded.

Leverage: Leverage is a loan that is provided by an investor by the broker that is handling the dealers Forex account. Usually the amount of leverage provided is either 1:50, 1:100 or 1:200, depending on the broker and the size of the investment. To trade $100,000 worth of currency with a margin of 1%, the investor will only have to deposit $1000 into their margin account. This is a leverage of 1:100.

Margin: The margin is the sum needed in a customer account to be able to open up a position or to keep a position open. E.g.: For a position of $100,000 and a margin of 1% that means that $1,000 in funds are needed.

Margin Call: A call to prevent a trader from going into a negative balance on the Forex market. When a margin call is being used all the trader’s open positions on the Forex market will be automatically closed to prevent the trader from going into debt.

Offer: An offer is the amount at which a forex broker is able to ‘sell’.

Market Order: The instruction which you give to the broker on purchase or sale of any financial instrument, it is called. In the Forex market and in other financial markets, there are two types of orders.

Market Orders: What are these orders? These are orders when you let the broker to buy or sell at the current market price at the time.

Pending Orders: It is when you give instruction to your broker to grant your request at a predetermined price and with the specified volume. This type of order is used to set the transaction to a certain level.

i.e Let's say you, the analysis concluded that the price will reach the projected level and somehow himself go near that level. It is at this level, you command your broker to establish a certain type of pending order.

In general, the deferred order is very convenient as it allows you to not sit at the computer all day, and you can build different strategies for entering and exiting from the market.

There are four types of pending orders:
Buy Limit
Buy Stop
Sell Limit
Sell Stop

Buy Limit is that, the broker opens a position to buy if the ask is less than or equal to the limit price. In this case, when you expose such an order, the current level of prices should be higher than the price at which you expose your Buy Limit. Typically, such order is placed when the forecast that the price falls to a certain level and once again begin to grow.

Buy Stop is that, the broker opens a position to buy, ask if being higher or equal to the limit price. In this case, the order is set, when the current price is lower than the one on which place orders.

Sell ​​limit is that, the broker opens a short position if the Bid will be higher or equal to the limit price. Such an order is placed when the price level is below Sell limit.

Sell ​​Stop is that, the broker opens a short position if the Bid is less than or equal to the limit price. Order is placed when the current market price is higher than the price at which we are going to put a Sell Stop.
In the market there are two other orders, called Take Profit and Stop Loss.

Take Profit order is an order to close the open position of the broker to achieve the predicted level. Such orders are used to lock in profits on the position.

Stop Loss order is an order to the broker in order to close an open position and reach the level at which you plan to stop losses on open positions. Stop Loss is placed as a protective stop if the price is not in a favorable direction for the trader.
Margin call:

A margin call is when your day trading brokerage contacts you to inform you that the balance of your trading account has dropped below the margin requirements for one of your active trades.

In another way margin call is a broker's demand on an investor using margin to deposit additional money or securities so that the margin account is brought up to the minimum maintenance margin.

Stop Out level:

Stop Out level is level at which all trader's orders will be closed due to critically low equity  level to prevent further balance drown down. Stop Out will be executed at current market price of opened orders when the margin level is lower than Stop out level.