XTB
Visit

77% of retail CFD accounts lose money

Vs.

Skilling
Visit

Your Capital is at risk.

XTB Vs. Skilling - Compare and Choose the Right One

Updated Dec 30 2021

Visit

77% of retail CFD accounts lose money

Visit

Your Capital is at risk.

Overview

XTB is an international broker specialised in CFD trading and low cost forex spreads.

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

Best For
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
  • Forex traders who want relatively straightforward, intuitive platforms with low commissions
  • Beginner traders who need assistance implementing first trades
Trust

TTBTrust

8

Provided by TheTradingBible.com ®

Learn More

TTBTrust

5

Provided by TheTradingBible.com ®

Learn More
The Good
  • Low forex & stock spreads
  • Professional platform with customisable layouts
  • 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
  • No ability to remove or customise leverage
  • High commissions on stocks & ETFs
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • 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
N/A N/A
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 documents (Passport, ID card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder’s name.

🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
  • CySec (Cyprus)
  • FSA (Seychelles)
📍 Year Founded
2002 2016
💳 Minimum Deposit
$, €, £ - 0 $, €, £ - 100 (Standard, MT4), 5,000 (Premium, MT4 Premium)
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Fasapay
  • Webmoney
  • PayRetailers
  • PayTrust
  • Pagsmile
  • Directa
  • NganLuong.vn
  • UnionPay
  • Skrill
  • Neteller
  • Bank Transfer
💵 Account Base Currencies
5 - USD, GBP, EUR, PLN, HUF. 5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, SY, IR. US, SY, IR.
📊 STP Account
Yes Yes - depending on product traded, available liquidity and trade size
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

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

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

📙 Stocks
1,877 762
📘 Currency Pairs
57 73
📗 Commodities
21 6
📕 Indices
36 18
📔 ETFs
135 45
💸 Cryptocurrencies
5 34
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

All XTB assets are CFDs.

All of Skilling’s assets are CFDs

Trading Experience
📈 Minimum Stock Trade Size
$50 Varies per share - From 0.1 shares (Fractional trading)
📉 Minimum ETFs Trade Size
$50 Varies per ETF (Eg: VanEck Gold Miners 0.1 unit, XLK 1 unit)
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 Minimum FX Trade Size
$1,000 $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.01 Troy ounces of Gold) Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 Minimum Bonds Trade Size
N/A N/A
📈 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
N/A Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 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, for cTrader, MT4 and MT4 Premium accounts
Fees
💰 Inactivity Fee
Yes, $10 a month after 1 year of inactivity No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions
For Stocks and ETFs / 0.08% - $8 Minimum commission

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 0.8 Pips Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 35 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 $120 Dynamic - From $131.8
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.