forextime
Skilling
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Overview
forextime was founded in 2011 and is headquartered in Lebanon, while Skilling was established in 2016 and is based in Cyprus. forextime holds licences including Financial Conduct Authority (FCA), while Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. forextime serves 200,000+ clients worldwide; Skilling has 5,000+. The minimum deposit is $250 at forextime and $100 at Skilling.
| Feature | forextime | Skilling |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F230 | Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 |
| Founded | 2011 | 2016 |
| Country | Lebanon | Cyprus |
| Clients | 200,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between forextime and Skilling, directly affecting your bottom line as a trader. Skilling has a lower barrier to entry with a minimum deposit of $100 (vs $250 at forextime). Neither broker charges withdrawal fees. forextime charges deposit fees; Skilling does not. Overall, Skilling scores higher on fees in our assessment.
| Feature | forextime | Skilling |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
forextime 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 forextime does not offer. The two brokers are closely matched on platform offering.
| Feature | forextime | Skilling |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 forextime and Skilling compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. forextime scores higher overall in education and research.
| Feature | forextime | Skilling |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. forextime accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Skilling supports 2 (bank transfer, credit/debit card). forextime uniquely supports PayPal and Skrill and Neteller among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | forextime | Skilling |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both forextime and Skilling offer live chat support. Both provide phone support. Email support is available at both brokers. forextime supports 8 languages and Skilling supports 2, giving forextime broader global reach. Both brokers are comparable on support quality.
| Feature | forextime | Skilling |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |