eToro
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68% of retail CFD accounts lose money

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Skilling
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eToro Vs. Skilling - Compare and Choose the Right One

Updated Jan 08 2022

Visit

68% of retail CFD accounts lose money

Visit

Your Capital is at risk.

Overview

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

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

Best For
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
  • Forex traders who want relatively straightforward, intuitive platforms with low commissions
  • Beginner traders who need assistance implementing first trades
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The Good
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
  • 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
The Bad
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
  • 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
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 day minimum (may take longer) 1 Day
📋 Documents Required
  • 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.

🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • CySec (Cyprus)
  • FSA (Seychelles)
📍 Year Founded
2007 2016
💳 Minimum Deposit
$50 up to 200 $, €, £ - 100 (Standard, MT4), 5,000 (Premium, MT4 Premium)
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Fasapay
  • Webmoney
  • PayRetailers
  • PayTrust
  • Pagsmile
  • Directa
  • NganLuong.vn
  • UnionPay
  • Skrill
  • Neteller
  • Bank Transfer
💵 Account Base Currencies
1 - USD 5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
Only for crypto Trading No
❌ Restricted Countries
AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM US, SY, IR.
📊 STP Account
Yes Yes - depending on product traded, available liquidity and trade size
📊 DMA Account
No No
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices

CFDs on stocks, currencies, commodities, cryptocurrencies, indices and ETFs

📙 Stocks
2,000+ Real Stocks / 2,000+ CFDs 762
📘 Currency Pairs
47 73
📗 Commodities
14 6
📕 Indices
13 18
📔 ETFs
145 45
💸 Cryptocurrencies
26 34
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

Real stocks are offered without leverage, all the rest of the assets are CFDs.

All of Skilling’s assets are CFDs

Trading Experience
📈 Minimum Stock Trade Size
$50 Varies per share - From 0.1 shares (Fractional trading)
📉 Minimum ETFs Trade Size
$50 Varies per ETF (Eg: VanEck Gold Miners 0.1 unit, XLK 1 unit)
📈 Minimum Crypto Trade Size
$25 Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 Minimum FX Trade Size
$1,000 $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Varies Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes, for cTrader, MT4 and MT4 Premium accounts
Fees
💰 Inactivity Fee
After 12 months of inactivity, a $10 monthly inactivity fee will be charged. No
💰 Deposit Fees
No No
💰 Withdrawal Fees
$5 No
💰 Commissions
No

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)

Spreads
📈 EUR/USD
Dynamic - From 1 Pip Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 75 Pips Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 45 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From 0.09% Dynamic - From $4.62
📈 XLK (ETF - CFD)
Dynamic - From 0.09% Dynamic - From $0.84
📉 BTC
Dynamic - From 0.75% Dynamic - From $131.8
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No

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