Compare forex brokers Exness VS Skilling

If you're choosing between Exness and Skilling forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Exness better than Skilling? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

EXNESS VS SKILLING

Exness
Exness Overview

Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.

Skilling
Skilling Overview

Skilling is an online Forex and CFD broker that operates from Cyprus. It offers Forex, indices, commodities and equity stocks for trading on its platform.

# Broker's Features EXNESS Availability SKILLING Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 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 Exness 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. Exness offers Online Financial Trading and Investment Services Such as CFDs on metals, Cryptocurrencycurrency, 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. Exness is Market Maker, ECN, STP, while Skilling is No dealing desk.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Exness recommended minimum capital is 1, while Skilling has a Minimum Deposit Requirement of .

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. Exness is regulated by CySEC, FCA, 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.

Account currencies: Next lets consider the Account currencies each broker offers. Exness offers USD, EUR, GBP, JPY different account currencies for each account types, while Skilling offers account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Exness offers English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, Spanish, while Skilling offers English, German, Norwegian, Swedish Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Exness offers Credit/Debit Cards, Local Transfer, Neteller, Skrill, 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, Exness makes MT4, MT5, WebTrader available to clients, while Skilling offers Proprietary.

The Verdict: Exness or Skilling?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Exness is more reliable based on our criteria above. Only Exness offers demo account, allowing you to test their platform to see which is suitable for you. Exness has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Exness broker is regulated in more major hubs. Only Exness Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Exness offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Exness offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Exness has a wider range of languages in which customer service is offered making the broker more accessible. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. Exness broker offers lower minimum deposit requirement. As Exness offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades. As a market maker, Exness may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

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.

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