This contrast guide aids customers that have a hard time to pick in between Skilling and TD Ameritrade to find the most effective online broker for their trading and financial investment demands. It evaluates the main features of the two brokers side by side to help users compare their service and make a notified choice.
To assist customers select the appropriate broker between Skilling and TD Ameritrade to discover the best-suited system, below is a checklist of broker’s pros and cons, complied with by a comparison of their primary trading features, including trading systems & devices, charges, mobile trading, down payment & withdrawal, possessions, regulation, and client assistance.
Skilling vs. TD Ameritrade: 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
TD Ameritrade is a US based online stock broker founded in 1975. It is regulated by two of the most strict US regulators the SEC and FINRA. The broker offers access to a wide range of stocks and forex pairs and a handful of bonds, options, futures, crypto, and other financial instruments.
TD Ameritrade has a proprietary trading platform (thinkorswim) and two mobile trading apps. Both have an intuitive design and feature a great set of trading tools and features.
TD Ameritrade has low trading fees compared to other similar brokers like tastytrade, Robinhood and Fidelity. They charge 0% commission on stocks and ETFs, while futures trading comes with high fees. Forex, options and bonds are available at average fees.
TD Ameritrade’s customer support is available by phone and email from 8:30 AM to 5:30 PM ET, Monday – Friday.
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)
- Free stock and ETF trading
- Feature-rich desktop and web trading platform (thinkorswim)
- Advanced charting capabilities and real-time data
- Wide range of stocks and ETFs
- Excellent mobile trading apps for casual and active traders
Cons
- Mostly US markets and assets
- Only accept bank wire transfers
- Doesn’t offer fractional shares
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
- Wide range of US stocks and ETFs
- Vast selection of charting tools and indicators
- Daily market analysis in the form webinars, webcasts, and podcasts
- 0% commission stock and ETF trading
- Access to IPOs, annuities, fixed income products, and lending programs
Skilling vs. TD Ameritrade Comparison
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Skilling
TD Ameritrade
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1000:1 | 1:2 |
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 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | 0 | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.7 | 1.3 pips |
Stocks & ETF | 0 | $6.95 |
CFD (Gold) | 4.5 | 0 |
Crypto | 0 | 0 |
Options | 0 | 0.65 per options contract fee |
Conversion Fees | 0 | $75 transfer fee |
Misc. Fees | 0 | 0 |
Overnight Fees | 0 |
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 | 3700 |
ETF & Funds | 0 | 13000 |
Crypto | 0 | 0 |
Commodities | 0 | 10 |
Indices | 0 | 12 |
Options | 0 | 0 |
Futures | 0 | 70 |
Bonds | 0 | 40000 |
Forex Instruments | 73 | 70 |
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 |
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 | English / Spanish | |
Personal Account Manager |
Winner
Skilling vs. TD Ameritrade Comparison Conclusion
The results of our contrast of Skilling vs. TD Ameritrade are wrapped up in the table listed below.
Broker: | Best For: |
Skilling | Forex, CFD & Copy Trading |
TD Ameritrade | US Stocks and ETFs |
Picking the best selection in between Skilling and TD Ameritrade can be hard. Both online brokers have resemblances but vary pertaining to trading instruments, systems & applications, regulation, deposit & withdrawals, and research and education and learning. Choosing the most effective broker relies on individuals’ trading & investment goals, individual choices, 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.