xChief vs FXGlory Comparison
Compare trading conditions, commissions and platforms of Forex brokers xChief 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 - xChief 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.
xChief
- Different platforms
- None listed
- Different markets
- Energy Carriers
- Indices
- Stocks
FXGlory
- Different platforms
- GloryTrader
- Different markets
- None listed
Comparison Table of xChief and FXGlory
Swipe the table left or right to view all data.
| Broker | xChief | FXGlory |
|---|---|---|
| Foundation Year | 2014 | 2011 |
| Regulated in Countries | Comoros, South Africa, Kazakhstan | — |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | xChief Review | FXGlory Review |
xChief Review
xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.
Pros and Cons of xChief
Pros
- A wide range of trading instruments.
- Availability of cent and PAMM accounts.
- Tight spreads and low commission per transaction.
- Scalping and algorithmic trading allowed.
Cons
- Weak analytical section.
- No educational courses and webinars for beginner traders.
xChief 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 | xChief | FXGlory |
|---|---|---|
| Reliability | 4/5 | 2.2/5 |
| Foundation Year | 2014 | 2011 |
| Regulated in Countries | Comoros, South Africa, Kazakhstan | - |
| Regulators | - |
xChief
xChief’s reliability can be rated as average. The group holds MISA, FSCA, and AFSA licences, but most retail clients are served by the offshore entity XCHIEF LTD, which provides a limited level of protection.
Pros
- The group includes several regulated entities.
- Holds FSCA and AFSA licences.
Cons
- Most retail accounts are regulated by MISA.
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 | xChief | FXGlory |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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|
xChief
Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.
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 | xChief | FXGlory |
|---|---|---|
| Account Types | 5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
xChief
Forex Chief offers a variety of account types, satisfying the needs of different traders, from beginners to professionals.
Pros
- Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
- Demo accounts are available for novice traders.
- Investment accounts available: PAMM accounts and copy trading.
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 | xChief | FXGlory |
|---|---|---|
| Commissions | 4.2/5 | 2/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 0.7 | |
| Commission | per 1 lot$2.50 | per 1 lot$6.00 |
xChief
Forex Chief offers attractive commissions and tight spreads, although swaps are average for the market. Rebates add extra benefits for active traders.
Pros
- Low commission per trade.
- Tight spreads.
- No inactivity fees and no withdrawal fees.
Cons
- High swaps.
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 | xChief | FXGlory |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Account Funding Methods |
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xChief
ForexChief offers a wide range of deposit and withdrawal methods without any fees on their part, with fast processing of requests.
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 | xChief | FXGlory |
|---|---|---|
| Markets and Products | 4/5 | 2/5 |
| Forex | 39 | 38 |
| Precious Metals | 2 | 6 |
| Energy Carriers | 3 | - |
| Indices | 10 | - |
| Stocks | 100 | - |
| Cryptocurrency | 5 | 6 |
xChief
Forex Chief offers a respectable variety of trading instruments.
Pros
- Wide range of currency pairs and CFDs.
- Access to cryptocurrency trading.
- Flexible margin requirements.
Cons
- Lack of soft commodities.
- Limited number of stock CFDs.
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 | xChief | FXGlory |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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xChief
Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.
Pros
- Use of popular and proven MT4 and MT5 platforms.
- Availability of platforms on various OS (Windows, iOS, Android).
Cons
- Lack of proprietary unique platform.
- Limited selection of platforms compared to some competitors.
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 | xChief | FXGlory |
|---|---|---|
| Rating | 3/5 | 3.5/5 |
xChief
ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.
Pros
- Current central bank interest rates.
- Convenient trader's calculator.
Cons
- Outdated economic articles.
- Insufficient variety of analytical tools.
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 | xChief | FXGlory |
|---|---|---|
| Rating | 3/5 | 3/5 |
xChief
ForexChief's educational materials cover the basics, but do not offer in-depth training.
Pros
- Wide range of article topics for beginners.
- Various trading strategies and indicators are presented.
Cons
- Lack of more advanced materials.
- No video tutorials or webinars.
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 | xChief | FXGlory |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
xChief
ForexChief support is well-organized and easily accessible, but has limited operating hours.
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 xChief and FXGlory with other brokers
Conclusion
When choosing between xChief 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: xChief or FXGlory?
xChief 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: xChief 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) — xChief 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 xChief and FXGlory?
xChief: MetaTrader 4, MetaTrader 5. FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with xChief and FXGlory?
xChief: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. FXGlory: Forex, Precious Metals, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by xChief and FXGlory?
xChief: CENT, Classic+, DirectFX, xPRIME. FXGlory: Standard, Premium, VIP, Classic, Pro, ECN. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by xChief and FXGlory?
xChief: Skrill, Neteller, Volet, WebMoney, FasaPay, SEPA, Credit and Debit Cards, Online banking. FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. Check method-specific fees/settlement times.
Which broker is safer — xChief or FXGlory — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
