Updated May 13 2022
Overview | |
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Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes. |
IG is a global broker established in 1974 that holds 10 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. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 7 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder’s name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2016 | 1974 |
💳 Minimum Deposit | |
$, €, £ - 100 (Standard, MT4), 5,000 (Premium, MT4 Premium) | 0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards. |
💰 Payment Methods | |
💵 Account Base Currencies | |
5 - EUR, USD, GBP, NOK, SEK. | 6 - AUD, EUR, GBP, HKD, SGD, USD. |
🗽 Available to U.S Citizens | |
No | Yes (excluding CFDs) |
❌ 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 | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
762 | 10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks |
📘 Currency Pairs | |
73 | 210 |
📗 Commodities | |
6 | 37 |
📕 Indices | |
18 | 76 |
📔 ETFs | |
45 | 2,000 + both CFDs and real ETFs |
💸 Cryptocurrencies | |
34 | 15 |
📒 Bonds | |
N/A | 19 |
📓 Options | |
N/A | Availability only for select countries. |
📗 Futures | |
N/A | Several contracts in commodities and indices with various expiration dates. |
📝 Notes: | |
All of Skilling’s assets are CFDs |
IG provides both CFD trading and real equity. US traders cannot trade 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) | 0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | 1 Contract (IG Provides a standard contract containing a particular quantity of an asset, for example, 1 EUR / USD standard contract has 10,000 units) |
📈 Minimum Commodities Trade Size | |
Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts) | 1 Contract |
📉 Minimum Bonds Trade Size | |
N/A | 1 Contract |
📈 Minimum Futures Trade Size | |
N/A | 1 Contract |
📉 Minimum Options Trade Size | |
N/A | Varies per option (usually 1 contract) |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:500 |
✍ 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 |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | Yes |
🔨 Trailing Stop-loss | |
Yes, for cTrader, MT4 and MT4 Premium accounts | Yes | Fees |
💰 Inactivity Fee | |
No | After 24 months of inactivity, IG charges an $18 monthly fee. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 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, 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. |
Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 1.3 Pips | Dynamic - From 0.9 Pips |
📉 SP500 | |
Dynamic - From 120 Pips | Dynamic - From 150 Pips |
📈 GOLD | |
Dynamic - From 36 Pips | Dynamic - From 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $4.62 | Dynamic - From $1.03 |
📈 XLK (ETF - CFD) | |
Dynamic - From $0.84 | Dynamic - From 0 Pips |
📉 BTC | |
Dynamic - From $131.8 | Dynamic - From $140 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | Yes |