This contrast guide aids individuals who have a hard time to pick between Forex.com and Skilling to discover the very best online broker for their trading and financial investment needs. It evaluates the highlights of the two brokers side by side to assist individuals contrast their service and make a notified choice.
To assist customers select the ideal broker in between Forex.com and Skilling to locate the best-suited platform, below is a list of broker’s advantages and disadvantages, adhered to by a contrast of their main trading features, including trading systems & tools, charges, mobile trading, down payment & withdrawal, assets, regulation, and client assistance.
Forex.com vs. Skilling: Summary
Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.
Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.
Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.
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)
- Low average spread from 0.74 pips EUR/USD
- Advanced charting features and performance analytics
- Award Winning Mobile trading app
- Professional customer support
Cons
- Educational videos are missing
- MT5 available outside of US only
- Limited assets available on MT5
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 MT5
- 5500 tradable symbols and 4550 CFDs overall
- Award winning mobile trading app
- Advanced charting and performance analytics available
- Great combination of ease of use and personal customisation
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
Forex.com vs. Skilling Comparison
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Forex.com
Skilling
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:50 | 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 | $15 per month (after 12 months) | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.8 pips | 0.7 |
| Stocks & ETF | 0 + spread | 0 |
| CFD (Gold) | 0.8 | 4.5 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0.50% | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 2.50% |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $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 | 91 | 73 |
| CFD Indices & Funds | 17 | 18 |
| CFD Stocks | 9500 | 760 |
| CFD Commodities | 22 | 6 |
| CFD Crypto | 8 | 50 |
| CFD Bonds | 0 | 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
Forex.com vs. Skilling Comparison Conclusion
The results of our comparison of Forex.com vs. Skilling are involved the table listed below.
| Broker: | Best For: |
| Forex.com | Forex and CFD trading and MT4 |
| Skilling | Forex, CFD & Copy Trading |
Picking the right choice in between Forex.com and Skilling can be difficult. Both on-line brokers have resemblances yet vary relating to trading tools, platforms & applications, guideline, deposit & withdrawals, and research and education. Picking the most effective broker depends upon individuals’ trading & financial investment goals, specific preferences, and experience level.
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.