CMC Markets vs Skilling.com

CMC Markets vs Skilling Comparison Table 2023
CMC Markets Skilling
4.7
4.7
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

CMC Markets is a trustworthy brand authorized by tier-one regulators including the FCA and ASIC. Advanced trading tools, excellent market research and low fees help the broker stand out from rivals. The no minimum deposit, free demo account and social trading service have also made CMC Markets popular with aspiring traders.

Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers 900+ 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.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% (April-June 2022) of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 75% 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
Promotions

Skilling: Deposit $100 & Get A $30 Welcome Bonus

Comment by Reviewer
"CMC Markets is a great option for active traders with thousands of instruments, spreads from 0.0 pips and an award-winning trading platform." "Skilling is a top pick for beginners looking for user-friendly platforms, copy trading features and educational resources to learn as you invest."
Pros
  • Easy to use proprietary platform with intuitive features including a pattern recognition scanner and 40+ indicators and drawing tools
  • Transparent pricing model with lower spreads than alternatives and no deposit or withdrawal fees
  • Comprehensive suite of market research tools and analyst insights to help make informed trading decisions
  • CMC Alpha loyalty scheme with great perks for high-volume traders including premium support and 5% to 28.6% discounts on spreads
  • A hugely respected broker listed on the London Stock Exchange with 300,000+ clients
  • Responsive and knowledgeable support team available 24/5 to help new traders get started quickly
  • Full range of investments including stocks, forex and cryptocurrencies
  • Excellent 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
  • A $10 monthly inactivity fee that kicks in after 12 months of no activity
  • Spread betting is only available in the UK
  • US clients are not accepted
  • Limited market research
  • Fairly new brand
Awards
  • Best Trading App 2023 - DayTrading.com
  • No.1 Platform Technology 2022
  • No.1 New Tool 2022
  • No.1 Most Currency Pairs 2022
  • Best Trade Execution 2021
  • Best Forex Broker For Beginners 2021
  • Most Transparent Forex Broker Europe 2020
  • Best Trading Platform 2020
  • Best Trading App 2019
  • Best Customer Service 2018
  • Best Forex Trading Platform - Global Forex Awards 2022
Instruments
Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices CFD, Forex, Stocks, Indices, Commodities, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 100 EUR/USD/GBP or 1000 NOK/SEK
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots or 1 Share
Regulator
FCA, MAS, ASIC, IIROC, CIRO CySEC, FSA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS and Android iOS and Android + browser-based platforms
Auto Trading
Yes (via MT4) Yes (MT4)
Copy Trading
No Yes
Copy Trading Platform
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
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • SEK
  • PLN
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
Stock Exchanges
Commodities
CFD Trading
CMC Markets offers leveraged CFDs on an extensive list of 12,000+ instruments with transparent pricing, powerful trading software and ultra-fast execution speeds. Out-of-hours trading on CFD indices is also available, plus 24/5 award-winning customer support. Take positions on 900+ 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
1:30 1:30 (EU), 1:500 (Global)
FTSE Spread
1 pt From 1.5 pts
GBPUSD Spread
0.9 From 0.1 pips
Oil Spread
3.0 From 0.4 pips
Stocks Spread
.10% Var From 0.1%
Forex Trading
CMC Markets offers an extensive list of 330+ forex pairs with tight spreads and ultra-fast executions. The selection of currencies is significantly wider than rivals. 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.
Forex App

CMC Markets deliver an award winning app (Shares magazine 2019), compatible with most major mobile and tablet operating systems. Trade more than 9300 assets via the app on their Next Generation platform. Includes advanced charting with 12 chart types and 40 technical indicators.

GBPUSD Spread
0.9 From 0.1 pips
EURUSD Spread
0.7 From 0.1 pips
EURGBP Spread
1.1 From 0.1 pips
Assets
330+ 73 (platform dependent)
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
Cryptocurrency
Crypto trading not offered Trade 57 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 the UK and China.
Spread
Starting from 0,001 (BTC is 0,5)
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • DOGE
  • DOT
  • ADA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% (April-June 2022) of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 75% 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.
More Comparisons
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