Skilling
Visit

Your Capital is at risk.

Vs.

Freedom Finance
Visit

Your capital is at risk.

Skilling Vs. Freedom Finance - Compare and Choose the Right One

Updated May 13 2022

Visit

Your Capital is at risk.

Visit

Your capital is at risk.

Overview

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

Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs.

Best For
  • Forex traders who want relatively straightforward, intuitive platforms with low commissions
  • Beginner traders who need assistance implementing first trades
  • Real equities traders looking to day-trade stocks, options, futures and ETFs
  • Long term investors looking to build a stocks or ETFs portfolio
  • Experienced investors that know which assets they are looking for
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

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • CySec (Cyprus)
  • BaFin (Germany)
  • SEC (United States)
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
  • Over 1,500,000+ assets from several exchanges worldwide
  • All assets are real equities (they do not provide CFDs)
  • InvestIdeas section with great analysis on several high potential stocks
  • 3% per year in their savings D-account (Daily interest accrual)
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
  • The use of SMSs codes for authentication of basic operations can be an issue for frequent international travellers
  • Freedom Finance does not offers currencies, cryptocurrencies or spot commodities
  • No stock screener or tools to research and analyse stocks efficiently
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity documents (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
$, €, £ - 100 (Standard, MT4), 5,000 (Premium, MT4 Premium) 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Fasapay
  • Webmoney
  • PayRetailers
  • PayTrust
  • Pagsmile
  • Directa
  • NganLuong.vn
  • UnionPay
  • Skrill
  • Neteller
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfers
💵 Account Base Currencies
5 - EUR, USD, GBP, NOK, SEK. 3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries
US, SY, IR. SY, IR.
📊 STP Account
Yes - depending on product traded, available liquidity and trade size No
📊 DMA Account
No Yes
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies, indices and ETFs

Real stocks, ETFs, bonds, futures and options.

📙 Stocks
762 58,571
📘 Currency Pairs
73 N/A
📗 Commodities
6 N/A
📕 Indices
18 N/A
📔 ETFs
45 1,500
💸 Cryptocurrencies
34 N/A
📒 Bonds
N/A 191,959
📓 Options
N/A 1,153,234
📗 Futures
N/A 6,020
📝 Notes:

All of Skilling’s assets are CFDs

All of Freedom Finance’s assets are real equities, they do not provide CFDs.

Trading Experience
📈 Minimum Stock Trade Size
Varies per share - From 0.1 shares (Fractional trading) 1 Share
📉 Minimum ETFs Trade Size
Varies per ETF (Eg: VanEck Gold Miners 0.1 unit, XLK 1 unit) 1 ETF
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC) N/A
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) N/A
📈 Minimum Commodities Trade Size
Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts) N/A
📉 Minimum Bonds Trade Size
N/A 1 Contract
📈 Minimum Futures Trade Size
N/A 1 Contract
📉 Minimum Options Trade Size
N/A 1 Contract
💪 Retail Leverage
Up to 1:30 Up to 1:3
💪 Professional Leverage
Up to 1:500 N/A
✍ 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
💻 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, for cTrader, MT4 and MT4 Premium accounts No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No

Yes, up to 2.5% for credit / debit cards.

💰 Withdrawal Fees
No

Yes, 7€ for bank transfers.

💰 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 the vary per account:

In their all inclusive USD account they charge,

  • 0.5% + $0.012 per share with a minimum  of $1.2 per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending

In their Smart in EUR account they charge,

  • 0.02€ per share with a minimum of 2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.05 for each SMS notification

In their Fix in EUR account, they charge,

  • 10€ Monthly account fee
  • 0.012€ per share with a minimum of 1.2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.03 for each SMS notification
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips N/A
📉 SP500
Dynamic - From 120 Pips N/A
📈 GOLD
Dynamic - From 36 Pips N/A
📉 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 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.