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FXTM vs Skilling

Side-by-side comparison of regulation, trading costs, platforms, and account types for FXTM and Skilling.

FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius

Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.

SkillingTrust 8.2/10
CySEC
FSA-Seychelles

Scandinavian-built broker (CySEC and FSA-Seychelles regulated) with a clean modern platform and cTrader integration. Premium account spreads from 0.1 pips with $3.50 commission, and Nordic clients can verify with BankID for instant onboarding.

Quick verdict

  • Trust: Skilling has the higher trust score.
  • EUR/USD spread: FXTM is tighter on EUR/USD.

Side-by-side comparison

FeatureFXTMSkilling
Trust score8.08.2
RegulatorsFCA, CySEC, FSCA, FSC-Mauritius, CMACySEC, FSA-Seychelles
HeadquartersCyprusLimassol, Cyprus
Founded20112016
Min deposit$10$100
Max leverage1:10001:500
EUR/USD spread0.00 pips0.70 pips
Commission per lot$4$4
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, NetellerBank Wire, Credit/Debit Card, Skrill, Neteller, Trustly
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, NetellerBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal speed24h24h
Base currenciesUSD, EUR, GBP, NGNUSD, EUR, GBP

FXTM is best for

High-volume traders
Day traders
Copy traders

Skilling is best for

Beginners
Day traders
Scalpers