FXCMvs
SkillingCrypto Exchange Comparison
FXCM and Skilling offer crypto CFDs under different regulatory regimes and platform ecosystems. The tension centers on asset breadth and pricing approaches.
Our Verdict
Too close to call0.1 pts apart
FXCM and Skilling are closely matched overall, with coin selection distinguishing them as Skilling offers 40+ crypto CFDs versus FXCM's 4.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM offers 4 crypto CFDs while Skilling lists 40+.
- 2FXCM provides 24/5 live chat and phone support; Skilling lacks.
- 3Skilling has no inactivity fee; FXCM charges one.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
FXCM is best for security because it carries FCA/ASIC oversight and FSCS protection.
Best for low fees
Recommended
Skilling wins for low fees with no inactivity fee and competitive spreads.
FXCM vs Skilling: Side-by-Side Crypto Exchange Comparison
| Criteria |  FXCM |  Skilling |
|---|---|---|
| Editorial score | 3.8/ 5 | 3.7/ 5 |
| Min Deposit | $50 | $50 |
| Spreads From | 0.4 pips▼ lower | 0.7 pips |
| Taker Fee | N/A | N/A |
| Inactivity Fee | $50/month (after 12 months) | $10/month (after 90 days)▼ lower |
FXCM vs Skilling Crypto Exchange Pros & Cons
Pros
- FCA and ASIC regulated, high regulatory standard with FSCS protection
- Trading Station with professional quantitative analysis tools (FXCM Apps)
- Long track record since 1999 in institutional-grade retail trading
Cons
- Banned from US market (CFTC action 2017), not available to US clients
- Crypto selection is limited to major pairs
FXCM vs Skilling: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
3
FXCM
criteria wins
1
Skilling
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | FXCM | Skilling |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
FXCM vs Skilling: Frequently Asked Questions
The scores are close: FXCM rates 3.8/5 and Skilling rates 3.7/5. FXCM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FXCM lists a lower spread from 0.4, compared with Skilling's 0.7. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Both FXCM and Skilling require a minimum deposit of $50 to start trading crypto.
Both FXCM and Skilling hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
FXCM offers up to 2:1 on perpetual or margin products, versus Skilling's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader, while Skilling supports cTrader, Skilling Trader, MetaTrader 4. Both provide MetaTrader 4. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader. Skilling has exclusive access to cTrader and Skilling Trader.
Skilling scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
