Skilling
Swissquote
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Skilling was founded in 2016 and is headquartered in Cyprus, while Swissquote was established in 1999 and is based in Switzerland. Skilling holds licences including Cyprus Securities and Exchange Commission (CySEC), while Swissquote is regulated by Financial Conduct Authority (FCA) among others. Skilling serves 5,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $100 at Skilling and $0 at Swissquote.
| Feature | Skilling | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 | Financial Conduct Authority (FCA) |
| Founded | 2016 | 1999 |
| Country | Cyprus | Switzerland |
| Clients | 5,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between Skilling and Swissquote, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Skilling). Neither broker charges withdrawal fees. Overall, Swissquote scores higher on fees in our assessment.
| Feature | Skilling | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Skilling offers MT4, MT5, cTrader, while Swissquote supports 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 | Skilling | Swissquote |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Skilling and Swissquote compare. Skilling runs regular live webinars; Swissquote does not. Both provide video tutorials. Skilling publishes daily market commentary; Swissquote 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 | Skilling | Swissquote |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Skilling accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Swissquote supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Skilling | Swissquote |
|---|---|---|
| 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 Skilling and Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. Skilling supports 2 languages and Swissquote supports 8, giving Swissquote broader global reach. Both brokers are comparable on support quality.
| Feature | Skilling | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |