Deriv vs FXGlory Comparison
Compare trading conditions, commissions and platforms of Forex brokers Deriv and FXGlory. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Deriv or FXGlory?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
Deriv
- Different platforms
- Deriv X
- cTrader
- Different markets
- Energy Carriers
- Indices
- Stocks
- ETF
FXGlory
- Different platforms
- MetaTrader 4
- GloryTrader
- Different markets
- None listed
Comparison Table of Deriv and FXGlory
Swipe the table left or right to view all data.
| Broker | Deriv | FXGlory |
|---|---|---|
| Foundation Year | 2020 | 2011 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | — |
| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:4000 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Deriv Review | FXGlory Review |
Deriv Review
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
Deriv is in the top 10 of the following ratings:
FXGlory Review
FXGlory may suit traders who value a low entry threshold, fixed spreads, no swaps on most accounts, and access to MetaTrader 4 and MetaTrader 5. The broker focuses primarily on trading currency pairs, metals, and cryptocurrencies. It may be considered by experienced traders who understand the risks of high leverage and are prepared to work with a company that lacks comprehensive financial regulation.
Pros and Cons of FXGlory
Pros
- Minimum deposit from $1.
- MetaTrader 4, MetaTrader 5, and GloryTrader are available.
- No swaps on most accounts.
- A demo account and free VPS are available subject to meeting the requirements.
Cons
- No financial regulator license.
- Spreads on the Standard account are above average.
- High withdrawal fees.
- The ECN account commission is not disclosed.
- Limited selection of trading instruments.
Reliability
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| Broker | Deriv | FXGlory |
|---|---|---|
| Reliability | 4.2/5 | 2.2/5 |
| Foundation Year | 2020 | 2011 |
| Regulated in Countries | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta | - |
| Regulators | - |
Deriv
Broker Deriv is relatively reliable, with licenses from various global regulators.
FXGlory
FXGlory operates without a financial regulator license, and the company's registration in Saint Lucia does not provide clients with full legal or compensation protection.
Pros
- Long track record in the market — since 2011.
- Claims to use measures to protect data and trading accounts.
Cons
- No financial regulator license.
- No participation in a compensation fund.
- The company's legal status raises concerns.
Account Opening
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| Broker | Deriv | FXGlory |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Deriv
The account opening process at Deriv brokerage is quite simple and fast.
FXGlory
Opening an FXGlory account is completed online and does not require complicated steps. The minimum deposit starts at $1, although full verification is required for withdrawals, and the base currency is limited to the US dollar.
Pros
- Fully online registration.
- Minimum deposit from $1.
Cons
- The only base currency is USD.
Account Types
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| Broker | Deriv | FXGlory |
|---|---|---|
| Account Types | 4.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:4000 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Deriv
A wide variety of accounts on Deriv satisfies the needs of different traders, although there are certain limitations.
Pros
- A sufficiently wide selection of account types.
- The ability to trade binary options and multipliers.
Cons
- No accounts with fixed spreads.
FXGlory
FXGlory's account range is suitable for traders of different experience levels, with accounts available from a $1 deposit, various spreads, and swap-free terms.
Pros
- Minimum deposit from $1.
- Wide selection of trading accounts.
- Demo and swap-free accounts are available.
Cons
- The exact ECN commission is not specified.
- High deposit requirements for Pro, ECN, and VIP.
- The account selection depends on the region.
Commissions
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| Broker | Deriv | FXGlory |
|---|---|---|
| Commissions | 4.3/5 | 2/5 |
| Spread | from 0.5 points | from 0.1 points |
| Average Spread (EURUSD) | 0.5 | |
| Commission | No data | per 1 lot$6.00 |
Deriv
Deriv's commissions are low.
Pros
- No commission for account funding and withdrawal.
- Low spreads and swaps on Financial type accounts.
Cons
- Fee for account inactivity.
FXGlory
FXGlory's fees are above average: the fixed EUR/USD spread is 2 pips, withdrawals are expensive, and the ECN account rate is not disclosed. The absence of swaps partly offsets the costs.
Pros
- No swaps on most accounts.
Cons
- High fixed spreads.
- Significant withdrawal fees.
- Unknown ECN account commission.
Deposit and Withdrawal
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| Broker | Deriv | FXGlory |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Account Funding Methods |
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Deriv
Broker Deriv offers various convenient methods for account funding and withdrawal without commission.
FXGlory
FXGlory offers many deposit and withdrawal methods, and deposits are generally credited quickly and without fees. However, withdrawals may involve high charges, delays, and varying terms.
Pros
- Wide selection of payment methods.
- No deposit fees.
- Fast processing of electronic payments.
Cons
- High withdrawal fees.
- Slow withdrawals to cards and bank accounts.
Markets and Products
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| Broker | Deriv | FXGlory |
|---|---|---|
| Markets and Products | 3.8/5 | 2/5 |
| Forex | 57 | 38 |
| Precious Metals | 11 | 6 |
| Energy Carriers | 2 | - |
| Indices | 63 | - |
| Stocks | 57 | - |
| ETF | 31 | - |
| Cryptocurrency | 31 | 6 |
Deriv
A wide range of assets in many segments.
Pros
- A large selection of assets for trading.
- Ability to trade synthetic indices 24/7.
Cons
- Absence of some important asset classes.
- Limited number of CFDs on stocks.
FXGlory
FXGlory's offering is limited to currency pairs, metals, and cryptocurrencies. The broker may suit Forex trading, but the lack of stocks, indices, ETFs, and bonds reduces diversification opportunities.
Pros
- 38 currency pairs.
Cons
- No stocks or indices.
- No ETFs or bonds.
Trading Platforms
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| Broker | Deriv | FXGlory |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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Deriv
Broker Deriv offers a wide range of trading platforms to meet the needs of traders of different levels.
Pros
- A variety of platforms for different types of trading.
- The ability to build trading robots without programming knowledge.
- Has its own mobile application.
FXGlory
FXGlory offers a convenient selection of platforms: MT4, MT5, and the GloryTrader web terminal. Mobile trading, analysis, and Expert Advisors are available.
Pros
- MT4 and MT5 are available.
- Web and mobile versions are available.
- Automated trading is supported.
Analytics
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| Broker | Deriv | FXGlory |
|---|---|---|
| Rating | 3.5/5 | 3.5/5 |
Deriv
Deriv offers robust analytics with practical calculators and insightful market analysis, yet there's room for more real-time data tools.
Pros
- Detailed market insights on the Deriv Blog.
- Convenient risk management calculators.
Cons
- Lack of an economic calendar.
- Limited real-time data analytics.
FXGlory
FXGlory's analysis is suitable for basic market assessment: TradingView charts, a calendar, and individual forecasts are available. However, materials are published irregularly, and the client area lacks a comprehensive analysis section.
Pros
- TradingView charts and technical signals.
- An economic calendar is available.
- The broker publishes its own forecasts.
Cons
- Analysis is published irregularly.
- There is no analysis section in the client area.
- No comprehensive trading signals are available.
Education
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| Broker | Deriv | FXGlory |
|---|---|---|
| Rating | 2.5/5 | 3/5 |
Deriv
Deriv's educational materials are limited to a blog, which restricts opportunities for comprehensive learning.
FXGlory
FXGlory's education consists of detailed and well-structured articles on Forex, analysis, and strategies. However, the lack of videos, webinars, and comprehensive courses limits the variety of materials.
Pros
- Detailed educational articles.
- Examples, tables, and checklists are available.
Cons
- No webinars or video tutorials.
- No courses or tests.
- Materials are available only in English.
Customer Support
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| Broker | Deriv | FXGlory |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Email Support | ||
| Hotline Phones | — | |
| Social Media |
Deriv
Technical support at Deriv operates at a high level, providing fast and quality responses.
Pros
- Wide selection of communication channels.
- Quality and constructive responses.
Cons
- No information on the support schedule is available on the website.
- Some clients complain about the technical support service.
FXGlory
FXGlory support is available through several channels and responds quickly in chat, but complex issues are resolved slowly. Even a question about the ECN commission remained unanswered for more than a day.
Pros
- Many contact channels.
- Fast responses in live chat.
- Tickets are available around the clock.
Cons
- First-line support cannot resolve some issues.
- Long wait times for ticket responses.
- Exact support hours are not specified.
Comparisons of Deriv and FXGlory with other brokers
Conclusion
When choosing between Deriv and FXGlory, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: Deriv or FXGlory?
Deriv ranks higher than FXGlory in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: Deriv or FXGlory?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — Deriv or FXGlory?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Deriv and FXGlory?
Deriv: MetaTrader 5, Deriv X, cTrader. FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Deriv and FXGlory?
Deriv: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. FXGlory: Forex, Precious Metals, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Deriv and FXGlory?
Deriv: MT5 Financial, MT5 Derived, Deriv X, Deriv cTrader. FXGlory: Standard, Premium, VIP, Classic, Pro, ECN. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Deriv and FXGlory?
Deriv: FasaPay, Skrill, Neteller, WebMoney, PaySafeCard, Jeton, SticPay, Airtm, Boleto, Paylivre, OnlineNaira, Beyonic, AstroPay, 1foryou, Volet, Swift, Visa, Mastercard, Maestro, Diners Club, JCB, PayTrust88, Help2pay, DragonPhoenix, ZingPay, Ngan Luong, Trustly. FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. Check method-specific fees/settlement times.
Which broker is safer — Deriv or FXGlory — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
