Skilling.com vs Global Market Index

Skilling vs Global Market Index Comparison Table 2024
Skilling Global Market Index
4.7
Not Yet Rated

Global Market Index is #13 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

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.

Global Market Index offers multiple asset classes on five powerful trading platforms.

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.
Comment by Reviewer
"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
  • The Skilling Copy solution is accessible directly from the cTrader web terminal, making it easy for strategy providers to manage their portfolios
  • Excellent third-party charting platforms are available for serious day traders, with dozens of technical indicators and advanced order types
  • Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs
  • The broker offers smooth account funding with a good range of payment methods with zero deposit fees
  • The broker has a solid global reputation and is regulated by top-tier authorities including the CySEC
  • The €100 deposit and zero commissions in the Standard account are accessible for beginners
Cons
  • Skilling trails alternatives like IG when it comes to research tools that can help day traders make informed decisions
  • You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
Awards
  • Best Forex Trading Platform - Global Forex Awards 2022
  • Best Liquidity Provider 2017
  • Best Trading Environment 2017
  • Best Trading Platform Provider 2016
  • Best Forex Broker 2016
  • Fastest Growing Broker 2016
  • Best EA Trading Platform 2016
  • Best Forex Broker 2014
  • Best Forex Broker 2012
  • Best Forex Trading Platform 2012
  • Best Forex Broker 2011
Instruments
Forex, CFDs, Stocks, Indices, Commodities and Cryptos Forex, CFDs, Metals
Demo Account
Yes Yes
Minimum Deposit
$100 $2000
Trading Platforms
  • Skilling Trader
  • MT4
  • cTrader
  • TradingView
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FSA FCA, VFSC
Margin Trading
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android Yes
Android App Rating
4.2
iOS App Rating
5
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes (APIs)
Copy Trading
Yes No
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 No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
Stock Exchanges
Commodities
CFD Trading
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. Trade index and commodity CFDs with up to 1:200 leverage and floating spreads.
Leverage
1:500 1:200
FTSE Spread
22 Floating
GBPUSD Spread
0.6 N/A
Oil Spread
0.4 Floating
Stocks Spread
1.0 N/A
Forex Trading
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. Major and minor currency pairs including EUR/USD with low spreads.
GBPUSD Spread
0.6 Floating from 1 pip
EURUSD Spread
0.4 Floating from 1 pip
EURGBP Spread
0.6 Floating from 1 pip
Assets
70+ 40+
Cryptocurrency
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. Crypto trading not offered
Spread
BTC 0.5
Coins
  • 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
Yes No
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
Skilling
vs
Global Market Index
vs