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


Visit Your Capital is at risk.	Visit 69.9% 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.	SquaredFinancial is a global brokerage firm founded in 2005 and headquartered in Cyprus that specialises in providing real stocks along with CFDs on all major asset classes paired with MT4 & MT5 platforms.
Best For
Forex traders who want relatively straightforward, intuitive platforms with low commissions Beginner traders who need assistance implementing first trades	Professional high volume traders looking to exploit their competitive commissions in shares High volume FX traders looking to open a SquaredElite account with spreads from 0 Pips
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 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSAS (Seychelles)	CySec (Cyprus) FSAS (Seychelles)
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	Extensive asset offering (more than 10,000+ products) Real stocks are offered along with CFDs Very competitive share trading commissions when compared to similar brokers
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	Platform offering is limited to only MT4 and MT5 High minimum deposit for SquaredElite account (5,000 €)
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	2005
💳 Minimum Deposit Range
From $100 to $5,000	250 € (SquaredPro Account), 5,000 € SquaredElite Account
💰 Payment Methods
Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer	Visa Mastercard Bank Transfer Neteller Skrill Instatransfer
💵 Account Base Currencies
5 - EUR, USD, GBP, NOK, SEK.	5 - EUR, USD, GBP, CHF, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, SY, IR.	US, CA, IR, SY.
📊 STP Account
Yes	Yes
📊 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	17,101
Exchange Access
0	0
📙 Real Stocks
0	8,000
📙 Stock CFDs
762	8,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
73	40
📗 Commodities
0	0
📗 Commodities CFDs
6	5
📕 Indices
0	0
📕 Indices CFDs
18	15
📔 ETFs
0	0
📔 ETFs CFDs
45	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
34	25
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	16
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	1 Share
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	1 ETF
📈 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 Gold Contract)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Varies per future (Eg: 1 Contract)
📉 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	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	None
💰 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, depending on account type or assets. For account types: SquaredPro account has no default commissions SquaredElite account has a commission of $5 per lot For particular assets there are commissions on all accounts, specifically in shares as follows: USA shares have a $0.06 per share commission (with a minimum of $2) European shares have a 0.15% commission of the transaction value (with a minimum of 5 €)
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 120 Pips	Dynamic - From 150 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 110 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 $250
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	No