Skilling vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for Skilling and XM.
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.
XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA
Global broker with multi-jurisdictional licensing (CySEC, ASIC, FSCA, FSC-Belize, IFSC). Strong cTrader and MT4/MT5 offering, low minimum deposits, and broad product range.
Quick verdict
- Trust: XM has the higher trust score.
- EUR/USD spread: Skilling and XM have identical EUR/USD spreads.
Side-by-side comparison
| Feature | Skilling | XM |
|---|---|---|
| Trust score | 8.2 | 8.4 |
| Regulators | CySEC, FSA-Seychelles | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | Limassol, Cyprus | Cyprus |
| Founded | 2016 | 2009 |
| Min deposit | $100 | $5 |
| Max leverage | 1:500 | 1:1000 |
| EUR/USD spread | 0.70 pips | 0.70 pips |
| Commission per lot | $4 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, Trustly | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP | USD, EUR, GBP, AUD, JPY, SGD |
Skilling is best for
Beginners
Day traders
Scalpers
XM is best for
Beginners
Day traders
Copy traders