This contrast guide helps customers that have a hard time to choose between Skilling and Swissquote to find the best online broker for their trading and financial investment demands. It evaluates the main features of both brokers side by side to help users compare their service and make a notified choice.
To aid customers select the appropriate broker between Skilling and Swissquote to find the best-suited platform, below is a list of broker’s benefits and drawbacks, adhered to by a contrast of their primary trading functions, including trading systems & devices, costs, mobile trading, deposit & withdrawal, properties, regulation, and customer assistance.
Skilling vs. Swissquote: Summary
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
Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.
Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.
Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.
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
Pros
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
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
Key features
- Access to 3,000 + financial instruments
- Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
- Wide range of advanced trading tools and features
- No inactivity fees
- Algorithmic trading availability
Skilling vs. Swissquote Comparison
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Skilling
Swissquote
84.5% of retail investor accounts lose money when trading CFDs with this provider.
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1000:1 | 1:400 |
| 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 | $10 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.7 | 1.6 pips |
| Stocks & ETF | 0 | $9 |
| CFD (Gold) | 4.5 | 5.37 pips |
| Crypto | 0 | 0.50% |
| Options | 0 | $1.49 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100.00 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 60 |
| ETF & Funds | 0 | 9000 |
| Crypto | 0 | 26 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 6 |
| Futures | 0 | 6 |
| Bonds | 0 | 53000 |
| Forex Instruments | 73 | 80 |
| CFD Indices & Funds | 18 | 26 |
| CFD Stocks | 760 | 0 |
| CFD Commodities | 6 | 12 |
| CFD Crypto | 50 | 12 |
| CFD Bonds | 0 | 3 |
| 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
Skilling vs. Swissquote Comparison Conclusion
The outcomes of our comparison of Skilling vs. Swissquote are wrapped up in the table listed below.
| Broker: | Best For: |
| Skilling | Forex, CFD & Copy Trading |
| Swissquote | Investors |
Picking the best option between Skilling and Swissquote can be hard. Both on-line brokers have similarities however differ relating to trading tools, platforms & apps, regulation, down payment & withdrawals, and research and education. Selecting the best broker depends on users’ trading & investment objectives, private preferences, and experience degree.
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.