Updated May 13 2022
Overview | |
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Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas. |
Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder’s name. |
📍 Year Founded | |
2014 | 2016 |
💳 Minimum Deposit | |
0 | $, €, £ - 100 (Standard, MT4), 5,000 (Premium, MT4 Premium) |
💰 Payment Methods | |
💵 Account Base Currencies | |
2 - EUR, 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 | |
No | Yes - depending on product traded, available liquidity and trade size |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
No | No | Assets |
📚 Available Assets | |
📙 Stocks | |
8,000+ | 762 |
📘 Currency Pairs | |
22 | 73 |
📗 Commodities | |
5 | 6 |
📕 Indices | |
5 | 18 |
📔 ETFs | |
1,000+ | 45 |
💸 Cryptocurrencies | |
4 | 34 |
📒 Bonds | |
1 | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
Nextmarkets provides both CFDs and real stocks or ETFs. |
All of Skilling’s assets are CFDs |
Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | Varies per share - From 0.1 shares (Fractional trading) |
📉 Minimum ETFs Trade Size | |
1 ETF | Varies per ETF (Eg: VanEck Gold Miners 0.1 unit, XLK 1 unit) |
📈 Minimum Crypto Trade Size | |
Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2) | 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 per commodity (eg: 1 contract of Gold - 1 trojan ounce) | 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 | |
Up to 1:100 | 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 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | Yes |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
No | Yes |
👬 Copy Trading | |
Yes | Yes |
👫 Social Trading | |
Yes | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
No | Yes, for cTrader, MT4 and MT4 Premium accounts | Fees |
💰 Inactivity Fee | |
No | No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | 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 0.6 Pips | Dynamic - From 0 to 1.3 Pips |
📉 SP500 | |
Dynamic - From 50 Pips | Dynamic - From 120 Pips |
📈 GOLD | |
Dynamic - From 40 Pips | Dynamic - From 36 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $2 | Dynamic - From $4.62 |
📈 XLK (ETF - CFD) | |
Dynamic - From $0.1 to 0.3 | Dynamic - From $0.84 |
📉 BTC | |
Dynamic - From $125 | Dynamic - From $131.8 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
No | Yes |
📜 Integrated Newsfeed | |
No | Yes |
📡 Reuters Feed | |
No | No |