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


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Overview
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 8 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
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
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 8 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSAS (Seychelles)	ASIC (Australia) FMA (New Zealand) NFA (United States) DFSA (United Arab Emirates) FINMA (Switzerland) MAS (Singapore) FFAJ (Japan) FSCA (South Africa) BMA (Bermuda)
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	Broad platform offering with high customisability and integrated news feeds Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
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	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
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	1974
💳 Minimum Deposit Range
From $100 to $5,000	From $10 to $450.
💰 Payment Methods
Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer	Visa Mastercard Bank Transfer Paypal
💵 Account Base Currencies
5 - EUR, USD, GBP, NOK, SEK.	6 - AUD, EUR, GBP, HKD, SGD, USD.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, SY, IR.	SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
938	35,227
Exchange Access
0	8
📙 Real Stocks
0	15,000
📙 Stock CFDs
762	15,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
73	80
📗 Commodities
0	0
📗 Commodities CFDs
6	37
📕 Indices
0	0
📕 Indices CFDs
18	76
📔 ETFs
0	2,000
📔 ETFs CFDs
45	2,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
34	15
📒 Bonds
0	0
📒 Bonds CFDs
0	19
📓 Options
0	0
📓 Options CFDs
0	1,000
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	1/10 of Contract (5,000 Notional)
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	1/10 of Contract (5,000 Notional)
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)	0.01 Contracts
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	1 Contract
📈 Minimum Commodities Trade Size
Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)	1 Contract
📉 Minimum Bonds Trade Size
Unavailable	1 Contract
📈 Minimum Futures Trade Size
Unavailable	1 Contract
📉 Minimum Options Trade Size
Unavailable	1 Contract
💪 Retail Leverage
30	30
💪 Professional Leverage
500	250
✍ 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
📺 cTrader
Yes	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	Yes
Fees
💰 Inactivity Fee
None	After 24 months of inactivity, IG charges an $18 monthly fee.
💰 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, 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 0.6 Pips
📉 SP500
Dynamic - From 120 Pips	Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 30 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 $90
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	No
📡 Account Management
No	No
📡 Webinars
No	Yes