Skilling vs Vantage FX

Skilling or Vantage FX – which is better for UK traders 2024? Compare Skilling and Vantage FX in this detailed breakdown of their platforms, features and fees.

Skilling vs Vantage FX Comparison Table 2024
Skilling Vantage FX
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3.4
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4.7
Skilling is ranked #91 among CFD brokers. Vantage FX is ranked #15 among CFD brokers.
Skilling has closed or no longer accepts UK clients.
Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of trading instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. You can sign up and start trading in three easy steps.
Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • The Skilling Copy solution is accessible directly from the cTrader web terminal, making it easy for strategy providers to manage their portfolios
  • Excellent third-party charting platforms are available for serious traders, with dozens of technical indicators and advanced order types
  • Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs
  • The broker offers smooth account funding with a good range of payment methods with zero deposit fees
  • The broker has a solid global reputation and is regulated by top-tier authorities including the CySEC
  • The €100 deposit and zero commissions in the Standard account are accessible for beginners
  • Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC
  • Vantage has bolstered its algorithmic trading tools for advanced traders with AutoFibo EA identifying reversal opportunities
  • The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side
  • There’s an excellent suite of trading software, including the award-winning platforms MT4 and MT5
  • The broker has recently made efforts to expand its suite of CFDs providing further trading opportunities
  • Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook
  • The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders
  • There are no short-term strategy restrictions with hedging and scalping permitted
  • It’s quick and easy to open a live account – taking less than 5 minutes
Cons
  • Skilling trails alternatives like IG when it comes to research tools that can help traders make informed decisions
  • You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
  • It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
  • A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
  • The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
  • Unfortunately, cryptos are only available for Australian clients
Awards
  • Best Forex Trading Platform - Global Forex Awards 2022
  • Best Trade Execution - Global Forex Awards 2023
  • Best CFD Broker Global - Global Brands Magazine 2024
  • Best Multi-Asset Broker Global - Global Business and Finance Magazine 2023
  • Best CFD Trading Platform - Global - International Business Magazine
FCA Regulated
No Yes
Instruments
Forex, CFDs, Stocks, Indices, Commodities and Cryptos CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC FCA, ASIC, FSCA, VFSC
Mobile Apps
iOS & Android iOS & Android
Trading App

Vantage offers one of the most complete trading apps we’ve used. The crisp design and slick interface makes analyzing markets and placing trades straightforward. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV.

iOS App Rating
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5
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3.6
Android App Rating
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4.2
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3.9
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Copy trading is available through Skilling Copy. 800+ strategies can be mirrored on the award-winning platform. Strategy providers can also use the service to generate an additional revenue stream. Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
  • PLN
Commodities
  • Gold
  • Silver
  • Oil
  • Coffee
  • Sugar
  • Cotton
  • Corn
  • Cocoa
  • Wheat
  • Platinum
  • Palladium
  • Gasoline
  • Natural Gas
  • Aluminium
  • Copper
  • Soybeans
  • Nickel
  • Zinc
  • Gold
  • Silver
  • Gasoline
  • Copper
  • Palladium
  • Platinum
  • Cocoa
  • Coffee
  • Orange Juice
  • Cotton
  • Sugar
  • Wheat
  • Oil
  • Natural Gas
CFD
Skilling offers 800+ CFDs covering stocks, indices, forex and commodities. The powerful charting platforms facilitate ultra-fast execution times of 0.05 seconds and seasoned algo traders can execute complex CFD strategies using cTrader's C# programming language. Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience.
Leverage
1:30 (Retail) 1:500
FTSE Spread
22 1.0
GBPUSD Spread<
0.6 0.5
Oil Spread
0.4 0.01
Stocks Spread
1.0 0.01
Forex
Skilling offers Standard and Premium accounts with competitive leverage and low spreads from 0.1 pips across a wide range of major, minor and exotic forex pairs. A huge selection of over 70 currency pairs are available, including 7 pairs that can be traded on the weekend. Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.
Assets
70+ 55+
GBPUSD Spread
0.6 0.5
EURUSD Spread
0.4 0.0
EURGBP Spread
0.6 0.5
Currency Indices
  • USD
Skilling Vantage FX
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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