Ellevest
Skilling
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Overview
Ellevest was founded in 2008 and is headquartered in USA, while Skilling was established in 2016 and is based in Cyprus. Ellevest holds licences including Unregulated, while Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Ellevest serves 10,000+ clients worldwide; Skilling has 5,000+. The minimum deposit is $1 at Ellevest and $100 at Skilling.
| Feature | Ellevest | Skilling |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 |
| Founded | 2008 | 2016 |
| Country | USA | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between Ellevest and Skilling, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Skilling). Ellevest charges withdrawal fees while Skilling does not, a notable advantage for frequent withdrawers. Ellevest applies inactivity fees on dormant accounts; Skilling does not. Ellevest charges deposit fees; Skilling does not. The two brokers are broadly comparable on fee structure.
| Feature | Ellevest | Skilling |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ellevest offers MT4, MT5, cTrader, while Skilling supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Skilling supports social and copy trading features, which Ellevest does not offer. The two brokers are closely matched on platform offering.
| Feature | Ellevest | Skilling |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Windows, Android, Mac OS, 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 Ellevest and Skilling compare. Skilling runs regular live webinars; Ellevest does not. Both provide video tutorials. Skilling publishes daily market commentary; Ellevest does not. Both integrate third-party research tools. Skilling maintains an archive of past webinars for on-demand viewing. Skilling scores higher overall in education and research.
| Feature | Ellevest | Skilling |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ellevest 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 | Ellevest | 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 Ellevest 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 | Ellevest | Skilling |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |