FXTMvs
SkillingCrypto Exchange Comparison
FXTM and Skilling clash on regulation and platform choice while competing on crypto reach. The axis of tension is coin depth and support options.
Our Verdict
Too close to call
FXTM and Skilling are closely matched overall, but Skilling offers a broader crypto lineup (40+ coins vs FXTM's 7).
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Coin selection: Skilling offers 40+ coins, FXTM only 7.
- 2Proprietary platform: Skilling uses a proprietary platform, FXTM relies on MT4/MT5.
- 3Live support: FXTM offers 24/5 live chat and phone support; Skilling does not.
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
FXTM wins for security due to CySEC/FCA oversight and FSCS plus ICF protection.
Best for low fees
Recommended
Skilling wins for low fees due to a higher Fees and Spreads score and competitive crypto spreads.
FXTM vs Skilling: Side-by-Side Crypto Exchange Comparison
| Criteria |  FXTM |  Skilling |
|---|---|---|
| Editorial score | 3.7/ 5 | 3.7/ 5 |
| Min Deposit | $10▼ lower | $50 |
| Spreads From | 1.5 pips | 0.7 pips▼ lower |
| Taker Fee | N/A | N/A |
| Inactivity Fee | None |
FXTM vs Skilling Crypto Exchange Pros & Cons
Pros
- CySEC and FCA regulated with FSCS and ICF protection
- Excellent educational resources, well-matched to developing market traders
- Low minimum deposit ($10) with MT4/MT5 support
Cons
- Spread-only model on entry accounts is less transparent than commission+raw alternatives
- Crypto selection is limited vs dedicated exchanges
FXTM vs Skilling: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
FXTM
criteria wins
1
Skilling
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | FXTM | 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 | Fail | 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 |
FXTM vs Skilling: Frequently Asked Questions
FXTM and Skilling share the same editorial score of 3.7/5. One concrete differentiator: FXTM requires a lower minimum deposit.
Skilling lists a lower spread from 0.7, compared with FXTM's 1.5. 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.
FXTM has $10, while Skilling requires at least $50. This makes FXTM more accessible for traders looking to start with a smaller crypto investment.
Both FXTM 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: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXTM 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.
FXTM supports MetaTrader 5, MetaTrader 4, while Skilling supports cTrader, Skilling Trader, MetaTrader 4. Both provide MetaTrader 4. FXTM has exclusive access to MetaTrader 5. 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.
