Skilling
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Vs.

Tickmill
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61% of retail CFD accounts lose money.

Skilling Vs. Tickmill - Compare and Choose the Right One

Updated May 13 2022

Visit

Your Capital is at risk.

Visit

61% 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.

Tickmill is an international CFD broker headquartered in Cyprus that specialises in currency trading paired with MetaTrader 4 and 5 platforms.

Best For
  • Forex traders who want relatively straightforward, intuitive platforms with low commissions
  • Beginner traders who need assistance implementing first trades
  • Professional currency traders looking to exploit their account offering with low spreads
  • Traders familiar with both MetaTrader 4 or 5 platforms with the intent to trade currencies
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

1

Other Licenses

4

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
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
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
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
  • Extremely low asset offering (over 80+ instruments in total)
  • All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)
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 2014
    💳 Minimum Deposit
    $, €, £ - 100 (Standard, MT4), 5,000 (Premium, MT4 Premium) $, €, £ - 100
    💰 Payment Methods
    • Visa
    • Mastercard
    • Fasapay
    • Webmoney
    • PayRetailers
    • PayTrust
    • Pagsmile
    • Directa
    • NganLuong.vn
    • UnionPay
    • Skrill
    • Neteller
    • Bank Transfer
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    💵 Account Base Currencies
    5 - EUR, USD, GBP, NOK, SEK. 4 - USD, EUR, GBP, PLN
    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, SY, IR. US, CA, SY, IR.
    📊 STP Account
    Yes - depending on product traded, available liquidity and trade size No
    📊 DMA Account
    No No
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

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

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    📙 Stocks
    762 N/A
    📘 Currency Pairs
    73 62
    📗 Commodities
    6 4
    📕 Indices
    18 14
    📔 ETFs
    45 N/A
    💸 Cryptocurrencies
    34 3
    📒 Bonds
    N/A 4
    📓 Options
    N/A N/A
    📗 Futures
    N/A N/A
    📝 Notes:

    All of Skilling’s assets are CFDs

    Tickmill’s asset offering is exclusively made of CFDs.

    Trading Experience
    📈 Minimum Stock Trade Size
    Varies per share - From 0.1 shares (Fractional trading) N/A
    📉 Minimum ETFs Trade Size
    Varies per ETF (Eg: VanEck Gold Miners 0.1 unit, XLK 1 unit) N/A
    📈 Minimum Crypto Trade Size
    Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC) $1,000 (0.01 Lots)
    📉 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) $1,000 (0.01 Lots)
    📉 Minimum Bonds Trade Size
    N/A $1,000 (0.01 Lots)
    📈 Minimum Futures Trade Size
    N/A N/A
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:500 Up to 1:500
    ✍ Customisable Leverage
    No Yes, for the whole account.
    🎲 Deleveraged Trading
    No Yes
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes Yes (only for account management)
    📱 Android App
    Yes Yes (only for account management)
    📺 MetaTrader 4
    Yes Yes
    📺 MetaTrader 5
    No Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    Yes No
    💻 Proprietary Platform
    Yes No
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 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 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)

    Depending on account type:

    • Classic account has no commissions
    • Pro account has a commission of 2 units of your base currency round turn per lot
    • VIP account has a commission of 1 unit of your base currency round turn per lot 
    Spreads
    📈 EUR/USD
    Dynamic - From 0 to 1.3 Pips

    From 0 pips up to 1.6 Pips (Depending on account type)

    📉 SP500
    Dynamic - From 120 Pips From 39 Pips
    📈 GOLD
    Dynamic - From 36 Pips From 24 Pips
    📉 TSLA (Stock CFD)
    Dynamic - From $4.62 N/A
    📈 XLK (ETF - CFD)
    Dynamic - From $0.84 N/A
    📉 BTC
    Dynamic - From $131.8 Dynamic - From $128.2
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    Yes No
    📡 Reuters Feed
    No No

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