FP Markets Vs. Skilling - Compare Trustworthiness, Capabilities, Fees and Legitimacy


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Overview
FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.	Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.
Best For
Professional traders looking for DMA pricing on their stocks Professional traders looking to set up a dedicated VPS High volume share traders that benefit from DMA pricing	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 2 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
ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)	CySec (Cyprus) FSAS (Seychelles)
The Good
Competitive spreads From 0 pips MT4 and MT5 offered Over 10,000 + shares	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
No ETFs are offered Stock trading commissions are expensive when compared to similar brokers Website is slow and confusing Fees for the majority of deposit and withdrawal methods	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 day	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
2005	2016
💳 Minimum Deposit Range
$100	From $100 to $5,000
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Neteller Skrill FasaPay PayTrust China Union Pay Bpay Broker to broker Sticpay Plusdebit Rupee Payments Dragonpay Perfect Money Paylivre Rapyd Finrax Fairpay	Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, BE, NZ, SY.	US, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
10,403	938
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
10,000	762
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
63	73
📗 Commodities
0	0
📗 Commodities CFDs
15	6
📕 Indices
0	0
📕 Indices CFDs
17	18
📔 ETFs
0	0
📔 ETFs CFDs
295	45
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
11	34
📒 Bonds
0	0
📒 Bonds CFDs
2	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable	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
Varies by Commodity (Eg: 0.01 Troy ounces of Gold)	Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
📺 cTrader
No	Yes
💻 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
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.	None
💰 Commissions
No commission on their Standard Account $3 per side (lot) commission on their RAW 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 0 to 1.2 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 40 to 60 Pips	Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips	Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $4.62
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From $0.84
📉 BTC
Dynamic - From $9 to $21	Dynamic - From $131.8
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
Yes	No
📡 Account Management
Yes	No
📡 Webinars
Yes	No