Skilling.com vs IC Markets
Skilling Review 2023 | IC Markets Review 2023 |
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4.7
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4.8
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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. |
IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand. |
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 | |
"Skilling is a top pick for beginners looking for user-friendly platforms, copy trading features and educational resources to learn as you invest." | "IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Offers CFD’s in Forex, CFD’s in Stocks, CFD’s in Indices, CFD’s in Commodities and CFD’s in Cryptocurrencies | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $200 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CySEC, FSA | ASIC, CySEC, FSA |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | No |
ECN Account | |
No | No |
DMA Account | |
No | Yes |
MAM Account | |
Yes | Yes |
PAMM Account | |
Yes | Yes |
LAMM Account | |
No | Yes |
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 | Yes |
Mobile Apps | |
iOS & Android + Web App | iOS, Android & Windows |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade |
Copy Trading | |
Yes | 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. | The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to Signal Start, plus popular third-party copy trading tools - ZuluTrade and Myfxbook. |
Social Trading | |
Yes | No |
Trade Signals | |
Signal Start | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
2.5% withdrawal charge if you request funds with no trading activity | $0 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
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. | Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage. |
Leverage | |
1:30 (EU), 1:200 (Pro), 1:500 (Global) | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) |
FTSE Spread | |
From 1.5 | 1 |
GBPUSD Spread | |
From 0.1 | 0.5 |
Oil Spread | |
From 0.4 | 0.03 |
Stocks Spread | |
From 0.1% | 0.02 |
Forex Trading | |
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. | Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees. |
Forex App | |
IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps. |
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GBPUSD Spread | |
0.1 | 0.5 |
EURUSD Spread | |
0.1 | 0.1 |
EURGBP Spread | |
0.1 | 0.5 |
Assets | |
70+ | 55+ |
Cryptocurrency | |
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. | IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet. |
Spread | |
BTC 0.5 | BTC 0.4%, ETH 1% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
Yes | No |
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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. | |
More Comparisons | |
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