Compare forex brokers ForexCT VS Skilling

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

FOREXCT VS SKILLING

ForexCT
ForexCT Overview

ForexCT is an Australian fixed spread broker that offers Forex and CFDs for trading over the internet. With a minimum deposit of $500, a maximum leverage of 1:400 and dealing spreads starting at 2 pips.

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 FOREXCT 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 ForexCT 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. ForexCT 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. ForexCT is Market Maker, 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. ForexCT is regulated by ASIC, 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. ForexCT offers English, while Skilling offers English, German, Norwegian, Swedish Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. ForexCT 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, ForexCT makes PROfit available to clients, while Skilling offers Proprietary.

The Verdict: ForexCT 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, Skilling is more reliable based on our criteria above. 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. Skilling has a wider range of languages in which customer service is offered making the broker more accessible.

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.

Are you Satisfied with what They Offer?