XTB
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79% of retail CFD accounts lose money.

Vs.

Skilling
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Your Capital is at risk.

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

Updated Dec 22 2022

Visit

79% 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

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)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
  • CySec (Cyprus)
  • FSAS (Seychelles)
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

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
2002 2016
💳 Minimum Deposit Range
0 From $100 to $5,000
💰 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
📊 DMA Account
No No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
2,131 938
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
1,877 762
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
57 73
📗 Commodities
0 0
📗 Commodities CFDs
21 6
📕 Indices
0 0
📕 Indices CFDs
36 18
📔 ETFs
0 0
📔 ETFs CFDs
135 45
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 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
$50 trade value Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
$50 trade value Variable - Fractions Allowed
📈 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 (0.01 Lots) $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
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
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes 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

$10 monthly after 1 year of inactivity.

None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

For Stocks and ETFs there is an 0.08% commission with $8 minimum.

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
📡 Educational Content
Yes No
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
Yes No