FXTM
Skilling
FXTM vs Skilling
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXTM and Skilling are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXTM, founded in 2011 and headquartered in Limassol, Cyprus, is regulated by CySEC, FCA, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $10. 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, FXTM scored 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 better trading platforms and more research tools, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FXTM scores 8/10 overall vs 7.8/10 for Skilling — a 0.2-point difference.
- 💵
FXTM requires just $10 to start, while Skilling needs $100 — FXTM is 10x more accessible.
- 📈
Skilling offers 800+ instruments vs 600+ at FXTM — a notable difference in market coverage.
- 🖥️
FXTM runs on MT4, MT5, FXTM Trader App, while Skilling uses Skilling Trader, MT4, cTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: FXTM scores 9.0 vs 7.0 for Skilling — a 2.0-point difference.
Our Verdict
FXTM
Score: 8.0/10 · Wins 2 categories- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- You prefer a low minimum deposit ($10)
Skilling
Score: 7.8/10 · Wins 3 categories- You need advanced trading platforms and tools
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
FXTM takes the lead with an overall score of 8/10 compared to 7.8/10, winning in 2 out of 8 scoring categories. FXTM stands out for stronger regulation and superior education resources, while Skilling fights back with better trading platforms and more research tools.
Detailed Verdict
After testing both brokers with real accounts, FXTM comes out ahead with a 8/10 overall rating, winning 2 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXTM 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 better trading platforms or more research tools may find Skilling the better fit. For a complete breakdown, read our full FXTM review and Skilling review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Skilling wins by 0.5 points
FXTM wins by 2.0 points
FXTM wins by 1.5 points
Skilling wins by 0.5 points
Skilling wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.0/10 ✓ | 7.8/10 |
| Min Deposit Lower is better | $10 ✓ | $100 |
| Max Leverage | 1:2000 | 1:500 |
| Spreads From | 0.0 pips | 0.1 pips |
| Platforms | MT4, MT5, FXTM Trader App | Skilling Trader, MT4, cTrader |
| Regulation | CySEC, FCA, FSA | CySEC |
| Founded Older track record highlighted | 2011 ✓ | 2016 |
| Markets | 600+ | 800+ ✓ |
Fees & Costs
When it comes to trading costs, FXTM has the edge with a score of 8/10 versus 8/10 for Skilling. FXTM offers spreads starting from 0.0 pips, while Skilling starts from 0.1 pips. The minimum deposit at FXTM is $10, 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
Skilling scores 8/10 for platforms compared to 7.5/10 for FXTM. FXTM provides MT4, MT5, FXTM Trader 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. FXTM is regulated by CySEC, FCA, FSA (Tier 1), while Skilling holds licenses from CySEC (Tier 1). FXTM 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, FXTM leads with 8.5/10 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. FXTM 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
FXTM offers 24/5 Live Chat, Email, Phone and scores 7.5/10, 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
FXTM scores 8/10 for deposits and withdrawals, while Skilling scores 8/10. FXTM accepts Bank Transfer, Credit Card, Skrill, Neteller, and Skilling supports Bank Transfer, Credit Card, Skrill, Neteller, Klarna. Processing times, fees, and available currencies vary. FXTM requires a minimum deposit of $10 versus $100 for Skilling. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXTM if you...
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- You prefer a low minimum deposit ($10)
Choose Skilling if you...
- You need advanced trading platforms and tools
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FXTM better than Skilling?
FXTM scores higher overall (8/10 vs 7.8/10), winning 2 of 8 categories. However, Skilling is stronger in better trading platforms and more research tools. The best choice depends on what matters most to your trading style.
Which has lower fees, FXTM or Skilling?
FXTM scores higher for trading costs. FXTM offers spreads from 0.0 pips with a $10 minimum deposit, while Skilling starts from 0.1 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FXTM safe to trade with?
FXTM is regulated by CySEC, FCA, FSA 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, FXTM or Skilling?
Skilling scores 8/10 for platforms. FXTM offers MT4, MT5, FXTM Trader 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 FXTM vs Skilling?
FXTM requires a minimum deposit of $10, while Skilling requires $100. FXTM 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.