eToro
Skilling
eToro vs Skilling
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
eToro and Skilling are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. eToro, founded in 2007 and headquartered in Tel Aviv, Israel, is regulated by FCA, CySEC, ASIC and offers spreads starting from 1.0 pips with a minimum deposit of $50. Skilling, established in 2016 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.1 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, eToro scored 7.8/10 overall compared to Skilling's 7.8/10, making it the stronger pick for most traders. That said, Skilling holds its own with lower trading costs and better customer support, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
eToro scores 7.8/10 overall vs 7.8/10 for Skilling — a 0.0-point difference.
- 💵
eToro requires just $50 to start, while Skilling needs $100 — eToro is 2x more accessible.
- 📈
eToro offers 3,400+ instruments vs 800+ at Skilling — a massive gap in market coverage.
- 🖥️
eToro runs on eToro Platform, eToro App, while Skilling uses Skilling Trader, MT4, cTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: Skilling scores 8.0 vs 6.0 for eToro — a 2.0-point difference.
Our Verdict
eToro
Score: 7.8/10 · Wins 4 categories- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
Skilling
Score: 7.8/10 · Wins 3 categories- You want lower spreads and trading fees
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
eToro takes the lead with an overall score of 7.8/10 compared to 7.8/10, winning in 4 out of 8 scoring categories. eToro stands out for better trading platforms and stronger regulation, while Skilling fights back with lower trading costs and better customer support.
Detailed Verdict
After testing both brokers with real accounts, eToro comes out ahead with a 7.8/10 overall rating, winning 4 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. eToro holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Skilling is not without merit — it scores 7.8/10 overall and excels in Trading Costs (8.0/10), winning 3 categories. Traders who value lower trading costs or better customer support may find Skilling the better fit. For a complete breakdown, read our full eToro review and Skilling review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Skilling wins by 2.0 points
eToro wins by 0.5 points
eToro wins by 2.0 points
eToro wins by 1.0 points
Skilling wins by 1.0 points
Skilling wins by 1.0 points
eToro wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.8/10 ✓ | 7.8/10 ✓ |
| Min Deposit Lower is better | $50 ✓ | $100 |
| Max Leverage | 1:30 | 1:500 |
| Spreads From | 1.0 pips | 0.1 pips |
| Platforms | eToro Platform, eToro App | Skilling Trader, MT4, cTrader |
| Regulation | FCA, CySEC, ASIC | CySEC |
| Founded Older track record highlighted | 2007 ✓ | 2016 |
| Markets | 3,400+ ✓ | 800+ |
Fees & Costs
When it comes to trading costs, Skilling has the edge with a score of 8/10 versus 6/10 for eToro. eToro offers spreads starting from 1.0 pips, while Skilling starts from 0.1 pips. The minimum deposit at eToro is $50, compared to $100 at Skilling. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
eToro scores 8.5/10 for platforms compared to 8/10 for Skilling. eToro provides eToro Platform, eToro App, while Skilling offers Skilling Trader, MT4, cTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. eToro is regulated by FCA, CySEC, ASIC (Tier 1), while Skilling holds licenses from CySEC (Tier 1). eToro scores 9/10 and Skilling scores 7/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, eToro leads with 8/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. eToro and Skilling both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
eToro offers 24/5 Live Chat, Email, Ticket System and scores 6.5/10, while Skilling provides 24/5 Live Chat, Email with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
eToro scores 7/10 for deposits and withdrawals, while Skilling scores 8/10. eToro accepts Bank Transfer, Credit Card, PayPal, Skrill, Neteller, and Skilling supports Bank Transfer, Credit Card, Skrill, Neteller, Klarna. Processing times, fees, and available currencies vary. eToro requires a minimum deposit of $50 versus $100 for Skilling. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose eToro if you...
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
Choose Skilling if you...
- You want lower spreads and trading fees
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is eToro better than Skilling?
eToro scores higher overall (7.8/10 vs 7.8/10), winning 4 of 8 categories. However, Skilling is stronger in lower trading costs and better customer support. The best choice depends on what matters most to your trading style.
Which has lower fees, eToro or Skilling?
Skilling scores higher for trading costs. eToro offers spreads from 1.0 pips with a $50 minimum deposit, while Skilling starts from 0.1 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is eToro safe to trade with?
eToro is regulated by FCA, CySEC, ASIC and scores 9/10 for regulation. Skilling is regulated by CySEC with a score of 7/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, eToro or Skilling?
eToro scores 8.5/10 for platforms. eToro offers eToro Platform, eToro App, while Skilling provides Skilling Trader, MT4, cTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for eToro vs Skilling?
eToro requires a minimum deposit of $50, while Skilling requires $100. eToro has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.