Interactive Brokers vs Skilling.com
Interactive Brokers | Skilling |
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4.3
Interactive Brokers is #1 in our CFD broker rankings. |
4.7
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Traders from US accepted |
Traders from US not accepted
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Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe. |
Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of day trading 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. You can 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. 73% 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. | |
Customer Reviews | |
4
Based on 2 Interactive Brokers customer reviews
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Comment by Reviewer | |
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry." | "Skilling maintains its position as a top pick for beginners looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or anyone looking to trade forex during extended hours." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Forex, CFDs, Stocks, Indices, Commodities and Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$100 | 0.01 Lots |
Regulator | |
FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB | CySEC, FSA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1.55 - 2.59% | |
STP Account | |
Yes | Yes |
ECN Account | |
No | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | Yes |
PAMM Account | |
No | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
Yes | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
The IBKR Mobile app, available on both iOS and Android devices, makes your phone a powerful gateway to your IBKR accounts, offering you the freedom to keep an eye on portfolios, initiate trades, and dive into real-time quotes and charts, all while managing your account activities on the fly. This app stands out for its intuitive design, making it especially welcoming for those just starting their trading journey, providing a smoother and more accessible experience than the more complex TWS platform. |
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Android App Rating | |
4.6 |
4.2 |
iOS App Rating | |
3.4 |
5 |
Auto Trading | |
Capitalise.ai & TWS API | Expert Advisors (EAs) on MetaTrader |
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 | |
No | Yes |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $0 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Over 8,000 CFDs are offered on a vast array of instruments, encompassing stocks, indices, forex, and commodities. Moreover, the TWS platform lends itself to seasoned day traders, offering a comprehensive selection of over 100 order types and algorithms, alongside premium market data sourced from reputable sources such as Reuters and Dow Jones. | Skilling offers 800+ CFDs covering stocks, indices, forex and commodities. The powerful charting platforms facilitate ultra-fast execution times of 0.05 seconds and seasoned algo traders can execute complex CFD strategies using cTrader's C# programming language. |
Leverage | |
1:50 | 1:500 |
FTSE Spread | |
0.005% (£1 Min) | 22 |
GBPUSD Spread | |
0.08-0.20 bps x trade value | 0.6 |
Oil Spread | |
0.25-0.85 | 0.4 |
Stocks Spread | |
0.003 | 1.0 |
Forex Trading | |
IBKR presents an extensive range of over 100 major, minor, and exotic forex pairs, surpassing the offerings of nearly all leading alternatives, though not CMC Markets. Forex trading occurs over multiple platforms and boasts institutional-grade spreads starting from 0.1 pips and 20 complex order types, including brackets, scale, and one-cancels-all (OCA) orders. | Skilling offers Standard and Premium accounts with competitive leverage and low spreads from 0.1 pips across a wide range of major, minor and exotic forex pairs. A huge selection of over 70 currency pairs are available, including 7 pairs that can be traded on the weekend. |
GBPUSD Spread | |
0.08-0.20 bps x trade value | 0.6 |
EURUSD Spread | |
0.08-0.20 bps x trade value | 0.4 |
EURGBP Spread | |
0.08-0.20 bps x trade value | 0.6 |
Assets | |
100+ | 70+ |
Cryptocurrency | |
IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures. | You can trade 50+ crypto pairs via leveraged CFDs. The list of tokens is longer than many rivals, including Vantage with only 30+, and you can get started easily with just $100. |
Spread | |
0.12%-0.18% | BTC 0.5 |
Coins | |
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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. 73% 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 | |
Interactive Brokers vs |
Skilling vs |