This contrast guide assists individuals that have a hard time to select in between Alpari and Skilling to locate the very best online broker for their trading and investment needs. It assesses the main features of the two brokers side-by-side to assist individuals compare their solution and make a notified choice.
To aid users choose the right broker in between Alpari and Skilling to locate the best-suited system, listed below is a listing of broker’s benefits and drawbacks, complied with by a comparison of their main trading attributes, including trading systems & devices, charges, mobile trading, down payment & withdrawal, possessions, guideline, and consumer support.
Alpari vs. Skilling: Summary
Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.
Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.
Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.
Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.
Skilling is a multi-asset online broker headquartered in Cyprus. It is regulated by two tier-one regulators (the CySEC and FSA) and is therefore considered safe. Their users can trade on over 1,200 symbols, including forex, cryptocurrencies, shares, indices and commodities.
Skilling offers a proprietary platform (Trader) and a wide range of third-party plugins, including cTrader and MetaTrader 4. Skilling’s trading fees are average compared to similar brokers in the industry.
They charge a 0.1% taker fee on cryptocurrencies and spreads of 0.7 pips on EUR/USD. Skilling charges currency conversion and inactivity fees of 10 EUR/month after 12 months of account inactivity. Users have one free withdrawal per month.
Skilling’s customer service is available through a contact form, live chat, and phone (+44 208 080 6555). Additionally, users can find helpful information in the broker’s Help Centre
Pros
- Access to over 600 US stock CFDs and 46 forex pairs
- Commission-free CFD trading
- MetaTrader 4 and 5 compatibility
- Low (floating) spreads from 1,2 pips (EUR/USD)
- PAMM account availability
Cons
- Has a history of insolvency
- No valid trading licence
Pros
- Low minimum deposit ($100)
- 0% Commissions on global stocks CFDs
- Wide range of trading platforms (proprietary, cTrader, and MetaTrader 4)
- Social Copy Trading platform availability
- Cryptocurrency trading and investing opportunities
Cons
- Max. leverage on cryptocurrency only 1:2
- High spreads on standard and non-professional accounts
- Lacks educational and research material
Key features
- Zero commission CFD trading
- Low minimum deposit ($100)
- Access to PAMM services
- Support for MetaTrader 4 & 5
- High-quality market analysis and research
- Over 600 CFDs and 46 forex pairs
Key features
- 1,200+ financial instruments across 7 asset classes
- Multiple trading platforms
- Commission-free stock CFD trading
- Set-and-forget copy trading services
- A broad range of payment methods
- Cryptocurrency trading and investing
Alpari vs. Skilling Comparison
Select up to 3 Brokers
Alpari
Skilling
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1000:1 | 1000:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0-2% | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $5 after 6 months | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.4 | 0.7 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 3.3 | 4.5 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5.00 | $100.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 61 | 73 |
| CFD Indices & Funds | 20 | 18 |
| CFD Stocks | 600 | 760 |
| CFD Commodities | 8 | 6 |
| CFD Crypto | 0 | 50 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Alpari vs. Skilling Comparison Conclusion
The results of our comparison of Alpari vs. Skilling are involved the table below.
| Broker: | Best For: |
| Alpari | Trading with multiple assets and PAMM investment services |
| Skilling | Forex, CFD & Copy Trading |
Selecting the appropriate selection between Alpari and Skilling can be tough. Both on-line brokers have resemblances but differ relating to trading instruments, systems & applications, guideline, down payment & withdrawals, and research study and education. Selecting the best broker depends on users’ trading & investment objectives, private preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.