Robinhood vs Skilling.com
| Robinhood | Skilling |
|---|---|
0.9
Robinhood is #38 in our broker rankings.
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
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4.7
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 Traders from US accepted |
Traders from US not accepted
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Robinhood is an American stock broker and financial services firm based in California. The broker offers commission-free stocks, cryptos and ETFs, plus other products such as cash cards and retirement accounts. Despite its robust US regulation, Robinhood has been involved in numerous scandals and security breaches since 2020. We urge investors to exercise caution. |
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. | |
| Comment by Reviewer | |
| "Robinhood is aimed at traders looking for stocks and crypto investing opportunities with additional perks. However, the brokerage's recent business practices mean the brand isn't a good option if you want a reliable and trustworthy broker." | "Skilling is a top pick for beginners looking for user-friendly platforms, copy trading features and educational resources to learn as you invest." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Stocks, Options, Crypto, ETFs | Offers CFD’s in Forex, CFD’s in Stocks, CFD’s in Indices, CFD’s in Commodities and CFD’s in Cryptocurrencies |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $100 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $10 | 0.01 Lots |
| Regulator | |
| SEC | CySEC, FSA |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 2.5% | |
| 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 | |
| No | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android and Windows | iOS & Android + Web App |
| Auto Trading | |
| 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 | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| 2.5% withdrawal charge if you request funds with no trading activity | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | 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 | |
| 1:2 | 1:30 (EU), 1:200 (Pro), 1:500 (Global) |
| FTSE Spread | |
| N/A | From 1.5 |
| GBPUSD Spread | |
| N/A | From 0.1 |
| Oil Spread | |
| From 0.4 | |
| Stocks Spread | |
| 0.3% Var | From 0.1% |
| Forex Trading | |
| Forex trading not offered | 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 | |
| 0.1 | |
| EURUSD Spread | |
| 0.1 | |
| EURGBP Spread | |
| 0.1 | |
| Assets | |
| 70+ | |
| Cryptocurrency | |
| Access 18 crypto assets through the Robinhood app with no commission fees, including access to Bitcoin. On the negative side, the selection is not as wide as other brands and security is weak. | 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 | |
| 0% | 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 |
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| 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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