Skilling Vs. IG - Compare and Choose the Right One

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.

• Forex traders who want relatively straightforward, intuitive platforms with low commissions
• Beginner traders who need assistance implementing first trades

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• 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

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• 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

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

• 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.

0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards.

10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks

Several contracts in commodities and indices with various expiration dates.

All of Skilling’s assets are CFDs

IG provides both CFD trading and real equity. US traders cannot trade CFDs.

0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins)

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)

After 24 months of inactivity, IG charges an $18 monthly fee.

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.