Skilling
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Vs.

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

Updated Oct 20 2022

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Your Capital is at risk.

Visit

Investing involves risk of loss.

Overview

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

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

Best For
  • Forex traders who want relatively straightforward, intuitive platforms with low commissions
  • Beginner traders who need assistance implementing first trades
  • Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
  • Active traders that look to access the large variety of exchanges offered
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • BaFin (Germany)
  • AFM (Netherlands)
The Good
  • 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
  • No conflicts of interest between DEGIRO and its customers
  • Virtually unlimited asset offering from 50 exchanges across the globe
  • Low fees when compared to traditional banking alternatives
The Bad
  • 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
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
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
2016 2008
💳 Minimum Deposit Range
From $100 to $5,000 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Fasapay
  • Webmoney
  • PayRetailers
  • PayTrust
  • Pagsmile
  • Directa
  • NganLuong.vn
  • UnionPay
  • Skrill
  • Neteller
  • Bank Transfer
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
5 - EUR, USD, GBP, NOK, SEK. 3 - USD, GBP, EUR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, SY, IR.

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Equities
Total Asset Offering
938 292,230
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
762 25,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
73 5
📗 Commodities
0 0
📗 Commodities CFDs
6 0
📕 Indices
0 0
📕 Indices CFDs
18 25
📔 ETFs
0 0
📔 ETFs CFDs
45 6,700
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
34 0
📒 Bonds
0 0
📒 Bonds CFDs
0 500
📓 Options
0 0
📓 Options CFDs
0 250,000
📗 Futures
0 0
📗 Futures CFDs
0 10,000
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC) Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) Unavailable
📈 Minimum Commodities Trade Size
Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts) Unavailable
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 Unavailable
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No No
📺 cTrader
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

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).

Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips Unavailable
📉 SP500
Dynamic - From 120 Pips Unavailable
📈 GOLD
Dynamic - From 36 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $4.62 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From $0.84 Dynamic - Market Spread
📉 BTC
Dynamic - From $131.8 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No
📡 Educational Content
No No
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
No No