AAATrade Vs. Skilling - Compare and Choose the Right One

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.

• Beginner traders looking for a simple web and mobile platform to get started
• Passive investors looking for real equity

• Forex traders who want relatively straightforward, intuitive platforms with low commissions
• Beginner traders who need assistance implementing first trades

• Simple and friendly proprietary trading platform
• Intuitive overview of account analytics
• Wide variety of CFDs and real equities

• Multiple intuitive platforms for traders with different levels of experience
• Several payment methods for deposits and withdrawals
• No commission for standard accounts
• Trade Assistant tool is great for beginners opening their first trade

• Above-average FX spreads
• High fees (depending on the deposit / withdrawal methods)
• High deposit requirements for advanced services ($25,000 , $100,000)

• Doesn’t allow deleveragred trading or customizable leverage
• Charges commission on forex and spot metal trading for premium accounts 
• Asset offering is not that comprehensive

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity documents (Passport, ID card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder’s name.

Almost all assets are CFDs, except for 45 blue chip stocks

All of Skilling’s assets are CFDs

Yes, €15 after 3 months of inactivity.

Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

No for debit/credit card and e-payment. Wire transfer has a €10 fee.

• No commissions on novice accounts.
• Commission free trading for stock ETFs on Experienced accounts
• FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.

Skilling charges commission on its forex pairs and spot metals for its premium account. The commission starts from $35 per million USD traded (eg: EUR/USD $35, GBP/USD $40 and Gold $60)