IG Group vs Skilling 2026: Which Broker is Better?
In the world of online trading, IG Group and Skilling cater to different types of traders with distinct offerings. IG Group, with a rating of 4.33/5, appeals to experienced traders seeking a broad range of over 17,000 markets, top-tier regulation, and advanced research tools. In contrast, Skilling, rated 3.45/5, targets newer traders with its user-friendly interface, lower minimum deposit, and access to platforms like cTrader. While IG Group stands out for its extensive market access and robust regulatory oversight, Skilling offers a more accessible entry point with competitive spreads and EU investor protection, albeit with limited educational resources.
IG Group
Skilling
| IG Group | Skilling | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.5/5 |
| Min. Deposit | $250 | $100 ✓ |
| Spread from | 0.6 pips ✓ | 0.7 pips |
| Max Leverage | 1:200 ✓ | 1:30 |
| Regulation | FCA, ASIC, MAS ✓ | CySEC, FSA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Skilling Trader, cTrader, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.5/5 on BrokerRank's independent rating. On fees, IG Group offers lower spreads (0.6 pips).
See full side-by-side comparison belowIG Group vs Skilling: Key Differences
IG Group
WinnerSkilling
Still deciding between IG Group and Skilling?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
IG Group
Lower feesSkilling
BrokerRank Verdict
Regulation & Safety
IG Group, founded in 1974 and headquartered in London, is a highly reputable broker regulated by several top-tier authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore (MAS), and the Securities and Exchange Commission (SEC) in the USA. These regulatory bodies ensure IG Group adheres to strict standards of safety, transparency, and client fund protection. IG Group’s clients benefit from the Financial Services Compensation Scheme (FSCS) in the UK, providing additional fund protection.
Skilling, established in 2016 and based in Limassol, Cyprus, is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA). CySEC regulation means Skilling clients within the EU are protected under the Investor Compensation Fund (ICF), which secures client funds up to €20,000. However, non-EU clients are managed by an offshore entity, which might offer fewer protections compared to the EU-regulated counterpart.
Fees & Spreads
IG Group offers competitive spreads starting from 0.6 pips on major forex pairs, with no commission on trades. The broker does, however, have a complex fee structure, including an inactivity fee that kicks in after two years of account dormancy. The minimum deposit required to open an account with IG Group is $250, which could be a consideration for new traders. Overnight fees apply, and these vary depending on the asset traded.
Skilling provides spreads starting from 0.7 pips, with zero commissions on most trades, making it competitive for forex traders. The broker’s minimum deposit requirement is lower at $100, making it more accessible for beginners. Skilling also offers competitive overnight fees, but traders should be aware that the broker only offers CFDs, meaning no real stock ownership is possible.
Trading Platforms
IG Group offers a robust suite of platforms, including its proprietary web and mobile platforms, along with the popular MetaTrader 4 (MT4). These platforms are renowned for their advanced charting capabilities, with ProRealTime charts available for more sophisticated analysis. On the other hand, Skilling provides the Skilling Trader, cTrader, and MT4. The presence of cTrader is particularly appealing for traders who prefer advanced trading functionalities and a modern interface.
Who Should Choose IG Group?
- Experienced traders seeking a wide range of 17,000+ markets.
- Investors looking for top-tier regulatory oversight and fund protection.
- Traders interested in advanced research and news features.
- Professionals requiring ProRealTime charting tools.
Who Should Choose Skilling?
- Beginner traders looking for a lower minimum deposit of $100.
- Forex traders seeking competitive spreads and no commissions.
- Traders preferring the cTrader platform for its modern interface.
- Investors interested in copy trading functionalities.
Our Verdict
IG Group is the better choice for professional traders due to its extensive market range and advanced tools. Skilling, with its lower minimum deposit and beginner-friendly platforms, is ideal for new traders. In terms of fees, Skilling offers a slight edge with its lower deposit requirement and competitive spreads.
Who Should Choose Which?
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- Tighter spreads (from 0.6 pips)
- Higher leverage (up to 1:200)
- More regulatory licences (4)
Skilling
3.5/5
Choose Skilling if you want…
- Lower minimum deposit ($100)
- More platforms (4 supported)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both IG Group & Skilling are available in
Frequently Asked Questions
1Is IG Group better than Skilling?
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs Skilling's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, IG Group or Skilling?
IG Group offers spreads from 0.6 pips, while Skilling starts at 0.7 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IG Group vs Skilling?
IG Group requires a minimum deposit of $250. Skilling requires $100.
4Which broker is safer, IG Group or Skilling?
IG Group is regulated by FCA, ASIC, MAS, SEC, while Skilling holds licences from CySEC, FSA.
5What trading platforms do IG Group and Skilling support?
IG Group supports Proprietary Web, Proprietary Mobile, MT4. Skilling supports Skilling Trader, cTrader, MT4, Skilling App.
6Can I use both IG Group and Skilling?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply