ForexVox
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61% of retail CFD accounts lose money.

Vs.

Skilling
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Your Capital is at risk.

ForexVox Vs. Skilling - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

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61% of retail CFD accounts lose money.

Visit

Your Capital is at risk.

Overview

ForexVox is a new trading name from Valutrades, a broker operating since 2012 that offers currencies, indices and commodities under FCA and FSAS regulation.

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

Best For
  • Experienced traders that look for an ECN account offering with commissions
  • Currency traders
  • Forex traders who want relatively straightforward, intuitive platforms with low commissions
  • Beginner traders who need assistance implementing first trades
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (United Kingdom)
  • FSAS (Seychelles)
  • CySec (Cyprus)
  • FSAS (Seychelles)
The Good
  • FCA Regulation and being a trading name of ValuTrades (founded in 2012)
  • Scalping is allowed
  • Ecn account offered
  • 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
  • Poor asset offering (less than 100 instruments)
  • Low platform offering (only MT4 and MT5 available)
  • Client area lacks usability
  • Average spreads are high
  • 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

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 hour 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 document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

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

📍 Year Founded
2020 2016
💳 Minimum Deposit Range
0 From $100 to $5,000
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • UnionPay
  • USDT (Tether)
  • Bank Transfer
  • SticPay
  • Visa
  • Mastercard
  • Fasapay
  • Webmoney
  • PayRetailers
  • PayTrust
  • Pagsmile
  • Directa
  • NganLuong.vn
  • UnionPay
  • Skrill
  • Neteller
  • Bank Transfer
💵 Account Base Currencies
3 - EUR, USD, GBP. 5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, SY, IR.

📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
104 938
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
0 762
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
74 73
📗 Commodities
0 0
📗 Commodities CFDs
3 6
📕 Indices
0 0
📕 Indices CFDs
15 18
📔 ETFs
0 0
📔 ETFs CFDs
0 45
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 34
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
7 0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Unavailable Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots) Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
📺 cTrader
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions
  • No commissions on their standard account
  • A $7 per lot round turn commission on their ECN account

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 135 Pips Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 16 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Unavailable Dynamic - From $4.62
📈 XLK (ETF - CFD)
Unavailable Dynamic - From $0.84
📉 BTC
Unavailable Dynamic - From $131.8
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes No
📡 Video Tutorials
Yes No
📡 Account Management
No No
📡 Webinars
No No