Baxia Markets vs Skilling

Baxia Markets vs Skilling Comparison Table 2023
Baxia Markets Review 2023 Skilling Review 2023
3.3
4.7
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Baxia Markets is an offshore CFD broker that offers trading on forex, commodities and indices with tight spreads on a straight-through processing model with ultra-low latency. Trade on MetaTrader 4 or MetaTrader 5 with leverage up to 1:500 and no restrictions to scalping or hedging strategies. Users also benefit from third-party copy trading services.

Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. Sign up and start trading in three easy steps.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Bonus Offer
$30 Welcome Bonus
Comment by Reviewer
"Low commissions, market-leading spreads and the chance to trade with no restrictions will attract serious forex traders to Baxia Markets." "Skilling is a top pick for beginners looking for user-friendly platforms, copy trading features and educational resources to learn as you invest."
Pros
  • Baxia New York and London data centres for deep liquidity and low latency
  • Copy trading services via ZuluTrade & Myfxbook
  • MetaTrader 4 and MetaTrader 5 integration
  • Full range of investments including cryptos
  • Straight-through processing model
  • Welcome bonus upon sign-up
  • Low starting deposit of $50
  • Instant and fee-free deposits
  • Demo account available
  • Hedging allowed
  • Forex VPS
  • FIX API
  • Full suite of investments including stocks, indices, forex, commodities and cryptocurrencies
  • Good range of payment methods for global traders
  • Trusted and licensed by the CySEC and FSA
  • Multiple account currencies and low deposit
  • Intuitive copy trading solution
  • MT4 platform integration
  • Highly rated broker
  • Demo account
Cons
  • Offshore regulation with limited customer protection
  • Clients from the USA not accepted
  • No direct stock trading
  • Withdrawal fees apply
  • Limited market research
  • Fairly new brand
Awards
  • Best Forex Trading Platform - Global Forex Awards 2022
Instruments
CFDs on Forex, Commodities, Cryptos & Indices Offers CFD’s in Forex, CFD’s in Stocks, CFD’s in Indices, CFD’s in Commodities and CFD’s in Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Trading Platforms
  • MT4
  • MT5
  • MT4
  • cTrader
  • TradingView
  • AutoChartist
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SCB, FSA CySEC, FSA
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
No No
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
MT4 & MT5 iOS & Android iOS & Android + Web App
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Baxia Markets has partnered with award-winning copy trading solutions; Zulutrade and Myfxbook. These are among the most well-regarded copy trading apps that connect aspiring traders to seasoned investors. Copy trading is available through Skilling Copy. 800+ strategies can be mirrored on the award-winning platform. Strategy providers can also use the service to generate an additional revenue stream.
Social Trading
Yes Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 2.5% withdrawal charge if you request funds with no trading activity
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on 75+ instruments, including forex, energies, metals, and indices with variable leverage up to 1:500 on major pairs, 1:200 on minors and exotics and 1:100 on commodities and energies. Take positions on hundreds of CFDs covering stocks, indices, forex and commodities. Get competitive pricing and ultra-fast execution while leverage can boost your purchasing power and potential returns.
Leverage
1:500 1:30 (EU), 1:200 (Pro), 1:500 (Global)
FTSE Spread
From 1.0 From 1.5
GBPUSD Spread
From 0.0 From 0.1
Oil Spread
From 1.0 From 0.4
Stocks Spread
N/A From 0.1%
Forex Trading
Trade 45+ major, minor and exotic pairs with deep liquidity and low latency. The ultra-tight spreads from 0.01 pips on raw accounts, competitive $7 or lower round-turn commissions and high leverage up to 1:500 will suit scalpers, who can trade without limits. Skilling offers Standard and Premium accounts with competitive leverage and spreads across a wide range of major, minor and exotic forex pairs. Over 70 currencies are available, providing more trading opportunities than most competitors.
GBPUSD Spread
From 0.0 0.1
EURUSD Spread
From 0.0 0.1
EURGBP Spread
From 0.0 0.1
Assets
56 70+
Cryptocurrency
Trade popular crypto-fiat crosses with low spreads. Clients can speculate on short-term price fluctuations with powerful trading tools, low fees and reliable risk management features. Trade 50+ crypto pairs via leveraged CFDs. The list of tokens is longer than many rivals and the broker offers a secure trading environment. Cryptocurrency trading is not available to traders in China.
Spread
Variable BTC 0.5
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • ACM
  • APE
  • AVE
  • ATM
  • AVA
  • AXS
  • BTC
  • BAR
  • BNB
  • BTC
  • BSV
  • XBN
  • ADA
  • CHZ
  • ATOM
  • CRO
  • DASH
  • MANA
  • DOGE
  • EOS
  • ETH
  • ENJ
  • XET
  • ETC
  • FTM
  • ONE
  • HT
  • IOTA
  • JUVE
  • LTC
  • LNK
  • XLC
  • XMR
  • NEO
  • OMG
  • PSG
  • CAKE
  • DOT
  • MATIC
  • QTUM
  • XRP
  • ASR
  • SAND
  • SHIB
  • SOL
  • XLM
  • SNX
  • XTZ
  • THT
  • TRX
  • UNI
  • VET
  • WAVE
  • ZRP
  • ZEC
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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