This contrast guide helps individuals that struggle to choose in between Sarwa and Skilling to discover the very best online broker for their trading and financial investment needs. It evaluates the main features of both brokers side-by-side to aid users compare their service and make an informed decision.
To assist users select the appropriate broker between Sarwa and Skilling to discover the best-suited platform, listed below is a checklist of broker’s pros and cons, followed by a contrast of their major trading features, including trading systems & devices, costs, mobile trading, deposit & withdrawal, properties, policy, and customer support.
Sarwa vs. Skilling: Summary
Sarwa is a UAE based robo-advisor founded in 2017. It is regulated by both UAE financial regulators: the DFSA and the FSRA. Sarwa combines automated and manual investment services across various markets including stocks, ETFs, mutual funds, cryptocurrencies and indices.
Sarwa charges $0 commissions on stocks and cryptocurrencies. The broker does not charge conversion, withdrawal or inactivity fees. This makes Sarwa a low cost broker.
The minimum deposit required at Sarwa is low ($0). They allow direct deposits and withdrawals in AED (no conversion fees apply). Funding options at Sarwa are limited to bank wire transfers.
Sarwa’s customer service is available by email and phone. Their website additionally features and extensive FAQ section that answers users common questions on a regular basis.
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
- Direct AED deposits (without conversion fees)
- Automated and manual trading services
- Suitable for both beginner and professional traders
- Free financial advisory services
- Option to visit their offices in Dubai or Abu Dhabi and receive direct investment advice
- Competitive trading fees (0% commission on stocks and ETFs)
Cons
- Few banking options
- Limited markets
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
- Low stock trading fees ($0 commission)
- Wide range of assets (4,000 stocks & fractional shares)
- Easy to use trading interface
- Direct AED Deposits
- Simple buy and sell options
- Regulated by the DFSA and FSRA
- 0$ Minimum Deposit
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
Sarwa vs. Skilling Comparison
Select up to 3 Brokers
Sarwa
Skilling
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:1 | 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 | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0 | 0.7 |
| Stocks & ETF | 0.85% | 0 |
| CFD (Gold) | 0 | 4.5 |
| Crypto | 0.75% | 0 |
| Options | 0.85% | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 | $100.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 4000 | 0 |
| ETF & Funds | 1 | 0 |
| Crypto | 1 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 1 | 0 |
| Futures | 1 | 0 |
| Bonds | 1 | 0 |
| Forex Instruments | 0 | 73 |
| CFD Indices & Funds | 0 | 18 |
| CFD Stocks | 0 | 760 |
| CFD Commodities | 0 | 6 |
| CFD Crypto | 0 | 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
Sarwa vs. Skilling Comparison Conclusion
The results of our comparison of Sarwa vs. Skilling are wrapped up in the table below.
| Broker: | Best For: |
| Sarwa | Stocks and ETFs; Robo-advisor |
| Skilling | Forex, CFD & Copy Trading |
Choosing the right selection between Sarwa and Skilling can be tough. Both on-line brokers have resemblances but vary relating to trading tools, platforms & applications, regulation, down payment & withdrawals, and study and education and learning. Choosing the best broker depends upon users’ trading & investment goals, specific choices, 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.