Forex.com vs Skilling Forex Broker Comparison
A head-to-head comparison of Forex.com and Skilling across regulation, trading costs, platforms, and editorial scoring.
One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.
VS
Modern Swedish-founded broker with CySEC and FCA regulation, a visually polished proprietary platform, and cTrader for advanced traders - well-positioned for EU retail clients seeking a contemporary alternative to legacy MetaTrader brokers.
Our Verdict
Forex.com winsby 0.1 pts
Forex.com edges ahead with a score of 4.2/5 vs Skilling's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Skilling offers tighter spreads from 0.7 pips vs 1 pips for Forex.com, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for platform choice
It's a tie
Both equally suited
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Best for beginners
Recommended
Forex.com edges out Skilling with a higher editorial score (4.2/5 vs 4.1/5), indicating a stronger overall experience for new traders.
Forex.com vs Skilling: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.3 / 5 |
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
Platforms & Tools 20% weight | 4.1 / 5 | 4.3 / 5▲ |
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
| Founded | 1999 | 2016 |
| Headquarters | Bedminster, New Jersey, USA | Valletta, Malta |
| Min deposit | $100 | $100 |
| Spreads from | 1 pips | 0.7 pips |
| Commission / lot | $7/lot | N/A |
| Max leverage | 50:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CFTC MAS NFA IIROC | FCA FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 cTrader Skilling Trader |
| Active bonuses | ||
| Visit broker | Visit Forex.com | Visit Skilling |
Forex.com vs Skilling Forex Broker Pros & Cons
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Clean modern Skilling Trader platform - excellent UX for new-to-intermediate traders
cTrader available with raw spreads from 0.0 pips
CySEC and FCA regulation with EU and UK investor protections
Growing Latin American presence with local-language support
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Cons
$100 minimum deposit is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
Inactivity fee applies
Cons
$100 minimum deposit on standard accounts
Newer broker - less track record than IG or Pepperstone
Product range narrower than multi-asset brokers
No phone support
Forex.com vs Skilling: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Forex.com
criteria win
1
Skilling
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Forex.com | Skilling |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Forex.com vs Skilling: Frequently Asked Questions
Based on our independent editorial scoring, Forex.com ranks higher with a score of 4.2/5 vs 4.1/5 for Skilling. The best choice still depends on your individual trading needs; Forex.com and Skilling may each suit different trader profiles.
Skilling offers tighter spreads starting from 0.7 pips, compared to Forex.com's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Both Forex.com and Skilling require a minimum deposit of $100 to open a live trading account.
Both Forex.com and Skilling hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Forex.com offers maximum leverage of 50:1, while Skilling offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Forex.com charges $7 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Forex.com supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and Skilling offers MetaTrader 4, cTrader, Skilling Trader; both support MetaTrader 4; Forex.com exclusively offers MetaTrader 5, Proprietary Web/Mobile; Skilling exclusively offers cTrader, Skilling Trader.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 4.1 / 5
More Broker Comparisons
More Forex.com comparisons
More Skilling comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker