FXOpenvs
SkillingCrypto Exchange Comparison
How FXOpen and Skilling compare as crypto exchanges across security, fees, coin selection, staking, and our editorial score.
Our Verdict
Skilling winsby 0.1 pts
Skilling edges ahead with a score of 3.7/5 vs FXOpen's 3.6/5. A narrow margin — review the breakdown below to see where each broker stands out.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
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
Both exchanges show an equally strong security profile across cold storage, proof of reserves, and regulatory oversight.
Best for low fees
Recommended
FXOpen has lower trading fees than Skilling: spreads from 0.00%.
Best for coin selection
Recommended
Skilling offers 40 crypto CFDs vs FXOpen’s 8, giving Skilling the edge for traders seeking broader coin coverage.
Best for beginners
Recommended
Skilling edges out FXOpen with a higher editorial score (3.7/5 vs 3.6/5), indicating a stronger overall experience for new crypto traders.
FXOpen vs Skilling: Side-by-Side Crypto Exchange Comparison
| Criteria |  FXOpen |  Skilling |
|---|---|---|
| Editorial score | 3.6/ 5 | 3.7/ 5 |
| Min Deposit | $100 | $50▼ lower |
| Spreads From | 0 pips▼ lower | 0.7 pips |
| Taker Fee | 3.00% | N/A |
FXOpen vs Skilling Crypto Exchange Pros & Cons
Pros
- FCA and ASIC regulated, strong dual regulatory coverage
- ECN/STP execution with low crypto spreads
- MT4/MT5 with TickTrader proprietary platform option
Cons
- Smaller brand vs tier-1 competitors
- Limited proprietary research or educational content
FXOpen vs Skilling: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
FXOpen
criteria wins
1
Skilling
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | FXOpen | 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 | Fail | Fail |
| Phone support | Pass | Fail |
FXOpen vs Skilling: Frequently Asked Questions
The scores are close: FXOpen rates 3.6/5 and Skilling rates 3.7/5. Skilling 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.
FXOpen lists a lower spread from 0, 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.
Skilling has $50, while FXOpen requires at least $100. This makes Skilling more accessible for traders looking to start with a smaller crypto investment.
Both FXOpen 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, two factors stand out: Skilling requires a lower minimum deposit ($50), lowering the barrier to entry, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXOpen 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.
FXOpen charges $3 per trade on commission-based accounts. Commission details for Skilling are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FXOpen supports cTrader, MetaTrader 5, MetaTrader 4, while Skilling supports cTrader, Skilling Trader, MetaTrader 4. Both provide cTrader and MetaTrader 4. FXOpen has exclusive access to MetaTrader 5. Skilling has exclusive access to 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.
