Baker Young Stockbrokers
Skilling
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Overview
Baker Young Stockbrokers was founded in 2017 and is headquartered in Australia, while Skilling was established in 2016 and is based in Cyprus. Baker Young Stockbrokers holds licences including Unregulated, while Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Baker Young Stockbrokers serves 10,000+ clients worldwide; Skilling has 5,000+. The minimum deposit is $200 at Baker Young Stockbrokers and $100 at Skilling.
| Feature | Baker Young Stockbrokers | Skilling |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 |
| Founded | 2017 | 2016 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between Baker Young Stockbrokers and Skilling, directly affecting your bottom line as a trader. Skilling has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Baker Young Stockbrokers). Baker Young Stockbrokers charges withdrawal fees while Skilling does not, a notable advantage for frequent withdrawers. Baker Young Stockbrokers charges deposit fees; Skilling does not. Overall, Skilling scores higher on fees in our assessment.
| Feature | Baker Young Stockbrokers | Skilling |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Baker Young Stockbrokers offers MT4, MT5, cTrader, while Skilling supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Baker Young Stockbrokers | Skilling |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS, | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Baker Young Stockbrokers and Skilling compare. Skilling runs regular live webinars; Baker Young Stockbrokers does not. Skilling has a video library; Baker Young Stockbrokers does not. Skilling publishes daily market commentary; Baker Young Stockbrokers does not. Skilling integrates third-party research tools (Trading Central); Baker Young Stockbrokers does not. Skilling maintains an archive of past webinars for on-demand viewing. Skilling scores higher overall in education and research.
| Feature | Baker Young Stockbrokers | Skilling |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Baker Young Stockbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Skilling supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Baker Young Stockbrokers | Skilling |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Baker Young Stockbrokers and Skilling offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Baker Young Stockbrokers | Skilling |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |