Dubai FXM began operations in 2012 as an online forex and CFD broker. Today, it has grown to become a global broker with clients from all over the globe. It offers multiple tradable assets on cutting edge platforms like Sirix and MT4.
|#||Broker's Features||DUBAIFXM Availability||SKILLING Availability|
|#||Accepts US traders||❌||✔|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||✔||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||❌||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare DubaiFXM vs Skilling.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. DubaiFXM offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures, while Skilling offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. DubaiFXM is ECN, while Skilling is No dealing desk.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. DubaiFXM is regulated by VFSC, while Skilling regulated by CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Languages Available: Next lets have a look at each broker's different Language options. DubaiFXM offers English, Italian, Spanish, while Skilling offers English, German, Norwegian, Swedish Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. DubaiFXM offers Credit/Debit Cards, Bank Wire Transfer different payment methods for each account types, while Skilling offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, DubaiFXM makes Sirix available to clients, while Skilling offers Proprietary.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, DubaiFXM is more reliable based on our criteria above. Only DubaiFXM offers demo account, allowing you to test their platform to see which is suitable for you. Only DubaiFXM provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.