ForexChief vs Skilling.com

ForexChief vs Skilling Comparison Table 2023
ForexChief	Skilling
Review 3.3 ForexChief is #6 in our CFD broker rankings.	Review 4.7
Traders from US accepted	Traders from US not accepted
ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.	Skilling are an exciting brand, regulated in Europe and beyond, offering 900+ instruments across 7 asset classes and spreads from 0.2 pips.
	80% 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.
Pros
Full range of investments Low minimum deposit MT4 integration Copy trading
Cons
Weak regulatory oversight
Promotions
Download The ForexChief App For A $100 No Deposit Bonus
Bonus
$100 No Deposit Bonus	$100 Deposit Bonus (FSA clients only)
Instruments
CFDs, Forex, Metals, Commodities, Stocks, Indices	CFD, Forex, Stocks, Indices, Commodities, Cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$10	100 EUR/USD/GBP or 1000 NOK/SEK
Payment Methods
ADVcash Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Neteller Perfect Money Skrill UnionPay WebMoney Wire Transfer	Credit Card Debit Card FasaPay Klarna Mastercard Neteller PayPal Paytrust Skrill Trustly UnionPay Visa WebMoney Wire Transfer
Minimum Trade
0.01 lots	0.01 Lots or 1 Share
Regulator
VFSC	CySEC, FSA
Margin Trading
Yes	Yes
Margin Rate
0.1%
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	Yes
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	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
Yes	Yes
Mobile Apps
iOS & Android	iOS and Android + browser-based platforms
Auto Trading
EAs	Yes - through MT4
Copy Trading
Yes	Yes
Copy Trading Platform
Clients can follow copy trading signals on the MetaTrader platform. Alternatively, signal providers can generate extra income by selling their positions.	Copy trading is available through Skilling Copy. 1000+ strategies can be copied. Strategy providers can generate an additional revenue stream.
Social Trading
No	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
No	No
Inactivity Fee
	0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP JPY CHF	USD EUR GBP SEK NOK
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange S&P 500	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange SIX Swiss Exchange
Commodities
Gold Natural Gas Oil Silver	Cocoa Coffee Corn Cotton Gasoline Gold Natural Gas Oil Palladium Platinum Silver Sugar Wheat
CFD Trading
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.	Trade a long list of financial assets with leveraged CFDs and tight spreads.
Leverage
1:1000	1:30 (EU), 1:500 (Global)
FTSE Spread
70	from 1.5 pts
GBPUSD Spread<
0.9	from 0.2 pips
Oil Spread
12	from 0.4 pips
Stocks Spread
50	from 0.1%
Forex Trading
ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on both MT4 and MT5.	Skilling offer Standard and Premium accounts with competitive leverage and spreads across a wide range of major, minor and exotic forex pairs.
GBPUSD Spread
0.9	from 0.2 pips
EURUSD Spread
0.4	from 0.2 pips
EURGBP Spread
0.9	from 0.2 pips
Assets
40	73 (platform dependent)
Cryptocurrency
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.	Trade 57 crypto pairs via leveraged CFDs. Cryptocurrency trading is not available to traders in the UK and China.
Spread
Variable	Starting from 0,001 (BTC is 0,5)
Coins
BTC BCH ETH LTC XRP	BTC ETH LTC XRP DOGE DOT ADA
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	Yes

Review	Review
	80% 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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ForexChief vs	Skilling vs