IG Vs. Skilling - Compare and Choose the Right One


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Overview
IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.	Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.
Best For
Professional traders looking to exploit their customisable platform and broad asset offering High volume traders that can offset their commission costs by trading in larger volumes	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 8 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) FMA (New Zealand) FCA (UK) NFA (United States) DFSA (United Arab Emirates) FINMA (Switzerland) MAS (Singapore) FFAJ (Japan) FSCA (South Africa) BMA (Bermuda)	CySec (Cyprus) FSAS (Seychelles)
The Good
Broad platform offering with high customisability and integrated news feeds Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs	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
There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc Their standard contracts can be too large some times for low volume traders	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
1974	2016
💳 Minimum Deposit Range
From $10 to $450.	From $100 to $5,000
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD.	5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
Yes	No
❌ Restricted Countries
SY, IR.	US, SY, IR.
📊 STP Account
No	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
35,227	938
Exchange Access
8	0
📙 Real Stocks
15,000	0
📙 Stock CFDs
15,000	762
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	73
📗 Commodities
0	0
📗 Commodities CFDs
37	6
📕 Indices
0	0
📕 Indices CFDs
76	18
📔 ETFs
2,000	0
📔 ETFs CFDs
2,000	45
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
15	34
📒 Bonds
0	0
📒 Bonds CFDs
19	0
📓 Options
0	0
📓 Options CFDs
1,000	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1/10 of Contract (5,000 Notional)	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
1/10 of Contract (5,000 Notional)	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
0.01 Contracts	Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 Minimum FX Trade Size
1 Contract	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
1 Contract	Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 Minimum Bonds Trade Size
1 Contract	Unavailable
📈 Minimum Futures Trade Size
1 Contract	Unavailable
📉 Minimum Options Trade Size
1 Contract	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
250	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	No
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
After 24 months of inactivity, IG charges an $18 monthly fee.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.	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 0.6 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 40 Pips	Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $4.62
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From $0.84
📉 BTC
Dynamic - From $90	Dynamic - From $131.8
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
Yes	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
Yes	No