IG
Skilling
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Overview
IG was founded in 1974 and is headquartered in UK, while Skilling was established in 2016 and is based in Cyprus. IG holds licences including Financial Conduct Authority (FCA), while Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. IG serves 178,500+ clients worldwide; Skilling has 5,000+. The minimum deposit is $200 at IG and $100 at Skilling.
| Feature | IG | Skilling |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 |
| Founded | 1974 | 2016 |
| Country | UK | Cyprus |
| Clients | 178,500+ | 5,000+ |
Fees
Fees are a critical factor when choosing between IG 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 IG). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | IG | Skilling |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
IG 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 | IG | 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, Mac, Web Trader, L2 Dealer, 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 IG 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. The two brokers are evenly matched on educational content.
| Feature | IG | Skilling |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IG accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while Skilling supports 2 (bank transfer, credit/debit card). IG uniquely supports PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.
| Feature | IG | Skilling |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 IG and Skilling offer live chat support. Both provide phone support. Email support is available at both brokers. IG supports 5 languages and Skilling supports 2, giving IG broader global reach. Both brokers are comparable on support quality.
| Feature | IG | Skilling |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, German, Spanish, and Portuguese | English, and Chinese |