This comparison overview assists individuals that battle to select between Finq.com and Skilling to locate the very best online broker for their trading and investment requirements. It evaluates the highlights of both brokers alongside to aid individuals contrast their service and make a notified decision.
To aid users pick the appropriate broker between Finq.com and Skilling to locate the best-suited system, listed below is a checklist of broker’s advantages and disadvantages, complied with by a comparison of their primary trading features, consisting of trading systems & tools, charges, mobile trading, deposit & withdrawal, properties, policy, and consumer support.
Finq.com vs. Skilling: Summary
![Finq-com-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/08/Finq-com.png)
Finq.com is a CFD broker based in Israel. Although the broker is regulated by the FSA, it is not considered safe. Users can access 2,100 financial instruments, including CFDs on stocks, commodities, forex, ETFs, indices, cryptocurrencies, and bonds. Trading platforms are available as a web version and MT4 integration.
Finq.com trading fees are average compared to similar CFD brokers from the industry. They charge an average floating spread of 0,14 pips on EUR/USD and no commission on CFD trades. There are no additional trading or non-trading fees, such as inactivity, currency conversion, or deposit and withdrawal transaction fees.
Finq.com’s customer support is available by email (support@finq.com), live chat, and WhatsApp in Arabic and English.
![skilling-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/10/skilling-logo.png)
Skilling is a multi-asset online broker headquartered in Cyprus. It is regulated by two tier-one regulators (the CySEC and FSA) and is therefore considered safe. Their users can trade on over 1,200 symbols, including forex, cryptocurrencies, shares, indices and commodities.
Skilling offers a proprietary platform (Trader) and a wide range of third-party plugins, including cTrader and MetaTrader 4. Skilling’s trading fees are average compared to similar brokers in the industry.
They charge a 0.1% taker fee on cryptocurrencies and spreads of 0.7 pips on EUR/USD. Skilling charges currency conversion and inactivity fees of 10 EUR/month after 12 months of account inactivity. Users have one free withdrawal per month.
Skilling’s customer service is available through a contact form, live chat, and phone (+44 208 080 6555). Additionally, users can find helpful information in the broker’s Help Centre
Pros
- Low minimum deposit ($100)
- Competitive spread from 0.14 pips (EUR/USD)
- No hidden fees
- Up to $4,000 welcome bonus for new traders
- $10,000 free demo account
Cons
- Limited regulation
- High minimum deposit of $100
- Lacks educational material and research resources
Pros
- Low minimum deposit ($100)
- 0% Commissions on global stocks CFDs
- Wide range of trading platforms (proprietary, cTrader, and MetaTrader 4)
- Social Copy Trading platform availability
- Cryptocurrency trading and investing opportunities
Cons
- Max. leverage on cryptocurrency only 1:2
- High spreads on standard and non-professional accounts
- Lacks educational and research material
Key features
- Competitive trading fees
- Compatibility with MT4 and TradingCentral
- Access to over 2,100 financial instruments
- Free demo account availability
- Fast registration and KYC on-boarding process
- 24/5 support in English and Arabic
Key features
- 1,200+ financial instruments across 7 asset classes
- Multiple trading platforms
- Commission-free stock CFD trading
- Set-and-forget copy trading services
- A broad range of payment methods
- Cryptocurrency trading and investing
Finq.com vs. Skilling Comparison
Select up to 3 Brokers
![Finq-com-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/08/Finq-com.png)
Finq.com
![skilling-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/10/skilling-logo.png)
Skilling
BROKER COMPARISON
![Finq-com-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/08/Finq-com.png)
![skilling-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/10/skilling-logo.png)
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 300:1 | 1000:1 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | $50 if no trades after 3 months | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.8 | 0.7 |
Stocks & ETF | 0 | 0 |
CFD (Gold) | 0.3 | 4.5 |
Crypto | 0 | 0 |
Options | 0 | 0 |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $100.00 | $100.00 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 0 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 55 | 73 |
CFD Indices & Funds | 50 | 18 |
CFD Stocks | 2000 | 760 |
CFD Commodities | 19 | 6 |
CFD Crypto | 4 | 50 |
CFD Bonds | 5 | 0 |
Binary Options | 0 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
Finq.com vs. Skilling Comparison Conclusion
The outcomes of our contrast of Finq.com vs. Skilling are involved the table listed below.
Broker: | Best For: |
Finq.com | CFD Trading With Welcome Bonuses |
Skilling | Forex, CFD & Copy Trading |
Choosing the ideal selection between Finq.com and Skilling can be difficult. Both online brokers have similarities yet differ concerning trading tools, systems & apps, regulation, down payment & withdrawals, and study and education. Picking the best broker relies on customers’ trading & financial investment objectives, private preferences, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.