Skilling Vs. Forex.com - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit Your Capital is at risk.	Visit 67.6% of retail CFD accounts lose money.
Overview
Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.	Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies.
Best For
Forex traders who want relatively straightforward, intuitive platforms with low commissions Beginner traders who need assistance implementing first trades	Traders of all levels (beginner to advanced) looking for competitive pricing Trades of all levels looking for a great platform variety High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades
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 4 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSAS (Seychelles)	FINRA (United States) FCA (UK) FFAJ (Japan) IIROC (Canada) CySec (Cyprus) CIMA (Cayman Islands)
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	Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5) Excellent asset offering (more than 5,000+ instruments) Competitive spreads in some of their assets
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	Despite presenting a great customisable platform, it still feels messy and not intuitive to use Commissions are expensive when compared to similar competitors
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	2001
💳 Minimum Deposit Range
From $100 to $5,000	$100
💰 Payment Methods
Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer	Visa Mastercard Skrill Neteller Bank Transfer
💵 Account Base Currencies
5 - EUR, USD, GBP, NOK, SEK.	6 - GBP, USD, EUR, AUD, JPY, CHF.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, SY, IR.	None
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
938	5,371
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
762	4,500
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
73	93
📗 Commodities
0	0
📗 Commodities CFDs
6	35
📕 Indices
0	0
📕 Indices CFDs
18	24
📔 ETFs
0	0
📔 ETFs CFDs
45	700
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
34	5
📒 Bonds
0	0
📒 Bonds CFDs
0	14
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	Varies per share (eg: 0.3 AMZN shares)
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	Varies per ETF (eg: 5 contracts of XLK)
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)	Varies per Cryptocurrency (eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)	Varies per commodity (eg: 1 contract of Gold)
📉 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
No	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	$15 monthly after 1 year of inactivity.
💰 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).	Depending on account type. Standard account has no commissions “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips	Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 120 Pips	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 50 Pips
📉 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	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No