Broker comparison

xChief vs FXGlory Comparison

Compare trading conditions, commissions and platforms of Forex brokers xChief and FXGlory. Find out which broker is best for you.

VS summaryScores and ranking at a glance
xChiefHigher ranked
Rating
4.2/5
Rank
#38
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Trading CFDs carries high risks. You may lose all invested funds

FXGlory
Rating
3.2/5
Rank
#69
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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?

Our pick: xChief

Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - xChief looks preferable to FXGlory.

xChief scored 4.2/5 and ranks 38 in our all Forex brokers list, whereas FXGlory has 3.2/5 and ranks 69.

This is not financial advice. See the full comparison below.

Who is xChief suitable for?

xChief is suitable for traders looking for a wide range of trading instruments and low spreads. However, the broker is not suitable for those seeking a strong analytical section and educational courses

Who is FXGlory suitable for?

FXGlory may suit experienced Forex traders who use MetaTrader and are prepared to accept the risks of trading without reliable regulation.

Comparison Table of xChief and FXGlory

BrokerxChiefFXGlory
Rating
4.2/5
3.2/5
Foundation Year20142011
Regulated in CountriesComoros, South Africa, Kazakhstan
Minimum Deposit
  • 1 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:3000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader
ReviewxChief ReviewFXGlory Review

xChief Review

xChief Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare xChief trading accounts

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

  1. A wide range of trading instruments.
  2. Availability of cent and PAMM accounts.
  3. Tight spreads and low commission per transaction.
  4. Scalping and algorithmic trading allowed.

Cons

  1. Weak analytical section.
  2. No educational courses and webinars for beginner traders.

xChief is in the top 10 of the following ratings:

FXGlory Review

FXGlory Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5GloryTrader
compare FXGlory trading accounts

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

  1. Minimum deposit from $1.
  2. MetaTrader 4, MetaTrader 5, and GloryTrader are available.
  3. No swaps on most accounts.
  4. A demo account and free VPS are available subject to meeting the requirements.

Cons

  1. No financial regulator license.
  2. Spreads on the Standard account are above average.
  3. High withdrawal fees.
  4. The ECN account commission is not disclosed.
  5. Limited selection of trading instruments.

Reliability

BrokerxChiefFXGlory
Reliability
4/5
2.2/5
Foundation Year20142011
Regulated in CountriesComoros, 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

  1. The group includes several regulated entities.
  2. Holds FSCA and AFSA licences.

Cons

  1. 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

  1. Long track record in the market — since 2011.
  2. Claims to use measures to protect data and trading accounts.

Cons

  1. No financial regulator license.
  2. No participation in a compensation fund.
  3. The company's legal status raises concerns.

Account Opening

BrokerxChiefFXGlory
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 USD

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

  1. Fully online registration.
  2. Minimum deposit from $1.

Cons

  1. The only base currency is USD.

Account Types

BrokerxChiefFXGlory
Account Types
5/5
4/5
Trading Accounts
  • CENT
  • Classic+
  • DirectFX
  • xPRIME
  • Standard
  • Premium
  • VIP
  • Classic
  • Pro
  • ECN
Minimum Deposit
  • 1 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:3000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader
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

  1. Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
  2. Demo accounts are available for novice traders.
  3. 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

  1. Minimum deposit from $1.
  2. Wide selection of trading accounts.
  3. Demo and swap-free accounts are available.

Cons

  1. The exact ECN commission is not specified.
  2. High deposit requirements for Pro, ECN, and VIP.
  3. The account selection depends on the region.

Commissions

BrokerxChiefFXGlory
Commissions
4.2/5
2/5
Spreadfrom 0 pointsfrom 0.1 points
Average Spread (EURUSD)0.7
Commissionper 1 lot$2.50per 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

  1. Low commission per trade.
  2. Tight spreads.
  3. No inactivity fees and no withdrawal fees.

Cons

  1. 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

  1. No swaps on most accounts.

Cons

  1. High fixed spreads.
  2. Significant withdrawal fees.
  3. Unknown ECN account commission.

Deposit and Withdrawal

BrokerxChiefFXGlory
Rating
5/5
3.5/5
Account Funding Methods
  • Skrill
  • Neteller
  • Volet
  • WebMoney
  • FasaPay
  • SEPA
  • Credit and Debit Cards
  • Online banking
  • PayPal
  • Neteller
  • Skrill
  • WebMoney
  • SticPay
  • Swift
  • Credit and Debit Cards

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

  1. Wide selection of payment methods.
  2. No deposit fees.
  3. Fast processing of electronic payments.

Cons

  1. High withdrawal fees.
  2. Slow withdrawals to cards and bank accounts.

Markets and Products

BrokerxChiefFXGlory
Markets and Products
4/5
2/5
Forex3938
Precious Metals26
Energy Carriers3-
Indices10-
Stocks100-
Cryptocurrency56

xChief

Forex Chief offers a respectable variety of trading instruments.

Pros

  1. Wide range of currency pairs and CFDs.
  2. Access to cryptocurrency trading.
  3. Flexible margin requirements.

Cons

  1. Lack of soft commodities.
  2. 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

  1. 38 currency pairs.

Cons

  1. No stocks or indices.
  2. No ETFs or bonds.

Trading Platforms

BrokerxChiefFXGlory
Rating
4/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • GloryTrader

xChief

Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.

Pros

  1. Use of popular and proven MT4 and MT5 platforms.
  2. Availability of platforms on various OS (Windows, iOS, Android).

Cons

  1. Lack of proprietary unique platform.
  2. 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

  1. MT4 and MT5 are available.
  2. Web and mobile versions are available.
  3. Automated trading is supported.

Analytics

BrokerxChiefFXGlory
Rating
3/5
3.5/5

xChief

ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.

Pros

  1. Current central bank interest rates.
  2. Convenient trader's calculator.

Cons

  1. Outdated economic articles.
  2. 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

  1. TradingView charts and technical signals.
  2. An economic calendar is available.
  3. The broker publishes its own forecasts.

Cons

  1. Analysis is published irregularly.
  2. There is no analysis section in the client area.
  3. No comprehensive trading signals are available.

Education

BrokerxChiefFXGlory
Rating
3/5
3/5

xChief

ForexChief's educational materials cover the basics, but do not offer in-depth training.

Pros

  1. Wide range of article topics for beginners.
  2. Various trading strategies and indicators are presented.

Cons

  1. Lack of more advanced materials.
  2. 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

  1. Detailed educational articles.
  2. Examples, tables, and checklists are available.

Cons

  1. No webinars or video tutorials.
  2. No courses or tests.
  3. Materials are available only in English.

Customer Support

BrokerxChiefFXGlory
Rating
4/5
4/5
Email Support
  • info@xchief.com
  • info@fxglory.com
Hotline Phones
  • +6281222062226
  • +447441906300
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

  1. Many contact channels.
  2. Fast responses in live chat.
  3. Tickets are available around the clock.

Cons

  1. First-line support cannot resolve some issues.
  2. Long wait times for ticket responses.
  3. Exact support hours are not specified.

Comparisons of xChief and FXGlory with other brokers

Conclusion

xChief stands out as the better overall pick, while FXGlory trails on aggregate criteria.

xChief scored 4.2/5 and ranks 38 in our rating; FXGlory has 3.2/5 and ranks 69.

We explain the reasons above in detail — fees, platforms, reliability, support, and more.

FAQ

Which broker is better: xChief or FXGlory?

xChief comes out ahead by overall rank (score 4.2/5, position 38) versus FXGlory (score 3.2/5, position 69).

Which broker is better for beginners: xChief or FXGlory?

xChief is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.

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.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.