NordFX
Skilling
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
NordFX was founded in 2008 and is headquartered in Mauritius, while Skilling was established in 2016 and is based in Cyprus. NordFX holds licences including VFSC (15008), while Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. NordFX serves 10,000+ clients worldwide; Skilling has 5,000+. The minimum deposit is $10 at NordFX and $100 at Skilling.
| Feature | NordFX | Skilling |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Regulation | VFSC (15008) | Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 |
| Founded | 2008 | 2016 |
| Country | Mauritius | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between NordFX and Skilling, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Skilling). Neither broker charges withdrawal fees. NordFX applies inactivity fees on dormant accounts; Skilling does not. Overall, NordFX scores higher on fees in our assessment.
| Feature | NordFX | Skilling |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
NordFX offers MT4, MT5, 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. Skilling edges ahead on platform breadth and functionality in our scoring.
| Feature | NordFX | Skilling |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, 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 NordFX and Skilling compare. Skilling runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. Skilling publishes daily market commentary; NordFX does not. Skilling integrates third-party research tools (Trading Central); NordFX does not. Skilling maintains an archive of past webinars for on-demand viewing. The two brokers are evenly matched on educational content.
| Feature | NordFX | Skilling |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | 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. NordFX accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Skilling supports 2 (bank transfer, credit/debit card). NordFX uniquely supports Skrill and Neteller among the two brokers. NordFX scores higher on deposit and withdrawal flexibility.
| Feature | NordFX | Skilling |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | 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 NordFX and Skilling offer live chat support. Both provide phone support. Email support is available at both brokers. NordFX supports 13 languages and Skilling supports 2, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | NordFX | Skilling |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay | English, and Chinese |