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


Visit Your Capital is at risk.	Visit 74-89% 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.	TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.
Best For
Forex traders who want relatively straightforward, intuitive platforms with low commissions Beginner traders who need assistance implementing first trades	Swing traders who can use high leverage Stock traders who do not have access or funds to trade with specialised brokers
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 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSAS (Seychelles)	ASIC (Australia) FMA (New Zealand) VFSC (Vanuatu)
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	High and flexible leverage No deposit or withdrawal fees Supports Expert Advisors (EAs), hedging and news trading
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	Only has financial derivatives (CFDs) Inactivity fee is tied to minimum account balance
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	2013
💳 Minimum Deposit Range
From $100 to $5,000	$100
💰 Payment Methods
Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer	Bank Transfer Credit cards Debit cards FasaPay Neteller RMB Instant Revolut Paytrust Skrill Sticpay UnionPay Wise
💵 Account Base Currencies
5 - EUR, USD, GBP, NOK, SEK.	6 - EUR, USD, GBP, AUD, NZD, CAD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, SY, IR.	US.
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
938	12,091
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
762	12,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
73	55
📗 Commodities
0	0
📗 Commodities CFDs
6	6
📕 Indices
0	0
📕 Indices CFDs
18	15
📔 ETFs
0	0
📔 ETFs CFDs
45	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
34	15
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	1 Share
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	Unavailable
📈 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 (0.01 lots for gold, 1 lot for Crude Oil)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	500
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 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	Yes
Fees
💰 Inactivity Fee
None	$30 fee if there is no activity for 6 months or if the account balance falls below $500.
💰 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, from $3.5 per lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips	Dynamic - From 0 pips
📉 SP500
Dynamic - From 120 Pips	Dynamic - From 30 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 11 pips
📉 TSLA (Stock CFD)
Dynamic - From $4.62	Dynamic - From $0.48
📈 XLK (ETF - CFD)
Dynamic - From $0.84	Unavailable
📉 BTC
Dynamic - From $131.8	Dynamic - From $32
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No