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


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Overview
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.	Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.
Best For
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	Forex traders who want relatively straightforward, intuitive platforms with low commissions Beginner traders who need assistance implementing first trades
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
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	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
The Bad
Platform offering is limited to only MT4 and MT5 High minimum deposit for SquaredElite account (5,000 €)	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
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
2005	2016
💳 Minimum Deposit Range
250 € (SquaredPro Account), 5,000 € SquaredElite Account	From $100 to $5,000
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Instatransfer	Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, ZAR.	5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IR, SY.	US, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
17,101	938
Exchange Access
0	0
📙 Real Stocks
8,000	0
📙 Stock CFDs
8,000	762
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	73
📗 Commodities
0	0
📗 Commodities CFDs
5	6
📕 Indices
0	0
📕 Indices CFDs
15	18
📔 ETFs
0	0
📔 ETFs CFDs
1,000	45
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
25	34
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
16	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
1 ETF	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per Commodity (Eg: 1 Gold Contract)	Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Varies per future (Eg: 1 Contract)	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
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 €)	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).
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 150 Pips	Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 110 Pips	Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $4.62
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From $0.84
📉 BTC
Dynamic - From $250	Dynamic - From $131.8
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No