Skilling vs. TastyTrade Comparison

This contrast guide helps customers who battle to pick between Skilling and TastyTrade to locate the very best online broker for their trading and investment demands. It examines the highlights of the two brokers side by side to help users contrast their service and make an educated decision.

To aid individuals select the best broker in between Skilling and TastyTrade to find the best-suited system, below is a listing of broker’s advantages and disadvantages, complied with by a comparison of their primary trading functions, consisting of trading platforms & devices, costs, mobile trading, deposit & withdrawal, possessions, regulation, and consumer support.

Skilling vs. TastyTrade: Summary

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

tastytrade-logo

TastyTrade (previously TastyWorks) is a US based stock and options broker. It is regulated by two tier-one regulators (FINRA and SEC) and is therefore considered safe. The broker offers access to a wide range of options, futures and stocks.

TastyTrade’s platform offers various trading tools and features, intuitive charting apps and the TastyTrade content network. These features make tastytrade a great fit for experienced and active traders focusing on trading with futures and options. Although TastyTrade offers great educational materials and research tools, the platform can be overwhelming for beginners.

The minimum deposit at TastyTrade is $0. Customer support is responsive and well educated.

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

  • Low minimum deposit ($0)
  • Wide range of futures and options
  • Low, variable, and capped trading fees
  • Broad range of tools for advanced options and futures traders
  • Great research and educational materials

Cons

  • No fractional shares available
  • Limited instruments compared to other brokers
  • High margin rates required

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 thousands of stocks, ETFs, futures, options on futures, commodities, and cryptocurrencies
  • Advanced trading tools and dynamic charting features (custom indicators, watch lists, and curve analysis)
  • Multiple advanced order types available (good until canceled and good until date)
  • Free monthly portfolio analysis
  • Support for Expert Advisors and other automated trading software

Skilling vs. TastyTrade Comparison

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BROKER COMPARISON

skilling-logo
tastytrade-logo

Overall rating

3,9/5

4,1/5

Overall rating

3,9/5

4,1/5

Trading Platform & Tools

4.5

4.1

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1000:1 5:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.8

4.2

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.7 0
Stocks & ETF 0 0
CFD (Gold) 4.5 0
Crypto 0 1% open 1% close (max $10 each way)
Options 0 $1 per contract
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees 0

Mobile Trading

4.4

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.0

3.0

See details
Minimum deposit (in UAE) $100.00 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.8

4.0

See details
Shares 0 2400
ETF & Funds 0 0
Crypto 0 25
Commodities 0 0
Indices 0 7
Options 0 0
Futures 0 83
Bonds 0 0
Forex Instruments 73 0
CFD Indices & Funds 18 0
CFD Stocks 760 0
CFD Commodities 6 0
CFD Crypto 50 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.0

3.5

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 Spanish
Personal Account Manager

Winner

Skilling vs. TastyTrade Comparison Conclusion

The outcomes of our comparison of Skilling vs. TastyTrade are wrapped up in the table below.

Broker:Best For:
SkillingForex, CFD & Copy Trading
TastyTradeOptions Trading

Selecting the right option in between Skilling and TastyTrade can be challenging. Both on the internet brokers have similarities yet vary relating to trading instruments, systems & applications, regulation, deposit & withdrawals, and study and education. Selecting the best broker relies on users’ trading & investment objectives, specific choices, 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.

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