Trading 212
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Majority of retail CFD accounts lose money.

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Skilling
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Trading 212 Vs. Skilling - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

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Majority of retail CFD accounts lose money.

Visit

Your Capital is at risk.

Overview

Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.

Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.

Best For
  • Passive investors looking to buy stocks or ETFs with their investing account
  • Traders of all levels of experience looking to trade CFDs on shares
  • 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

1

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
  • FCA (UK)
  • CySec (Cyprus)
  • FSC (Bulgaria)
  • CySec (Cyprus)
  • FSAS (Seychelles)
The Good
  • Broad asset offering in their investing account (more than 10,000 assets)
  • Friendly, smooth and simple proprietary platforms (both web and mobile)
  • Great spreads on stocks and no commissions on investing accounts
  • 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
  • Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation
  • Asides from stocks, their asset offering lacks variety
  • Very high forex spreads (1.4 Pips on EUR/USD)
  • 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
2004 2016
💳 Minimum Deposit Range
From $1 to $10 From $100 to $5,000
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • iDeal
  • Apple Pay
  • Visa
  • Mastercard
  • Fasapay
  • Webmoney
  • PayRetailers
  • PayTrust
  • Pagsmile
  • Directa
  • NganLuong.vn
  • UnionPay
  • Skrill
  • Neteller
  • Bank Transfer
💵 Account Base Currencies
9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK. 5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA.

US, SY, IR.

📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
13,615 938
Exchange Access
0 0
📙 Real Stocks
10,000 0
📙 Stock CFDs
1,526 762
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
179 73
📗 Commodities
0 0
📗 Commodities CFDs
25 6
📕 Indices
0 0
📕 Indices CFDs
35 18
📔 ETFs
1,800 0
📔 ETFs CFDs
50 45
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
0 34
📒 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 Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Unavailable Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 Minimum FX Trade Size
$500 (0.005 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable 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
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No No
📺 cTrader
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions
None

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 1.4 Pips Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 166 Pips Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.6 Dynamic - From $4.62
📈 XLK (ETF - CFD)
Unavailable Dynamic - From $0.84
📉 BTC
Unavailable 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
Yes No
📡 Account Management
No No
📡 Webinars
No No