Alvexo vs. Skilling Comparison

This contrast overview assists individuals who have a hard time to choose in between Alvexo and Skilling to find the most effective online broker for their trading and investment requirements. It analyzes the main features of the two brokers side-by-side to aid users contrast their service and make an informed choice.

To assist individuals select the appropriate broker between Alvexo and Skilling to find the best-suited platform, listed below is a checklist of broker’s benefits and drawbacks, adhered to by a contrast of their main trading functions, including trading platforms & devices, fees, mobile trading, down payment & withdrawal, assets, law, and client support.

Alvexo vs. Skilling: Summary

alvexo-logo

Alvexo is a forex and CFD broker based in the Seychelles. It is licensed by the ​​CySEC and is considered safe. Alvexo offers users access to 58 forex pairs and over 450 CFDs on shares, commodities, indices, and cryptocurrencies. Users can choose between three different platforms: a web based proprietary platforms and app and MT4 integration.

Alvexo trading fees are industry average compared to similar forex and CFD brokers like AvaTrade and Pepperstone. They charge an average spread of 0,14 pips on EUR/USD and no commission on CFD trades. The broker charges an inactivity fees of $10 per month after 3 months of inactivity.

Alvexo’s customer support is available through email (support@alvexo.com), phone (+24825030482), and live chat in Arabic and English.

skilling-logo

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 58 forex pairs and 450 CFDs
  • Competitive spreads from 0.1 pips EUR/USD (Elite account)
  • Intuitively designed mobile trading app and desktop trading platforms
  • MetaTrader 4 integration

Cons

  • High minimum deposit ($500)
  • Trading signals aren’t as accurate as other signal providers
  • MetaTrader 5 and Expert Advisors not supported

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

  • Access to 450 tradable symbols
  • MT4 Compatibility
  • Access to trading signals, trading strategies, and daily market analysis
  • Cryptocurrency trading
  • CySEC and FSA-regulated
  • Competitive spreads from 0.1 pips EUR/USD (Elite account)

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

Alvexo vs. Skilling Comparison

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BROKER COMPARISON

alvexo-logo
skilling-logo

Overall rating

3,1/5

3,9/5

Overall rating

3,1/5

3,9/5

Trading Platform & Tools

3.0

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 400:1 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

2.5

3.8

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 10 EUR after 3 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.8 0.7
Stocks & ETF 0 0
CFD (Gold) 5.5 4.5
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.0

4.4

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.1

4.0

See details
Minimum deposit (in UAE) $500.00 $100.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

2.8

See details
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 58 73
CFD Indices & Funds 15 18
CFD Stocks 350 760
CFD Commodities 12 6
CFD Crypto 24 50
CFD Bonds 2 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.0

3.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.0

4.0

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Alvexo vs. Skilling Comparison Conclusion

The results of our comparison of Alvexo vs. Skilling are involved the table below.

Broker:Best For:
AlvexoForex and CFD trading
SkillingForex, CFD & Copy Trading

Choosing the appropriate choice between Alvexo and Skilling can be hard. Both on the internet brokers have resemblances however vary regarding trading tools, platforms & apps, regulation, deposit & withdrawals, and research and education. Picking the most effective broker depends upon users’ trading & financial investment objectives, individual 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.

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