Skilling
XM
VS
Higher Rated
XM
Capital at risk · T&Cs apply
In the "Skilling vs XM" broker comparison, we examine two prominent trading platforms based in Cyprus that cater to different types of traders. Skilling, with a rating of 3.45/5, appeals to traders seeking a modern interface and a wide range of instruments, including stocks and ETFs, while leveraging platforms like cTrader and MT4. Conversely, XM, rated 3.92/5, is attractive to beginners and cost-conscious traders due to its very low minimum deposit and strong educational resources, though it offers a narrower focus on cryptocurrency. The key difference lies in XM's broader regulatory oversight and higher leverage, making it appealing to those prioritising flexibility and support, whereas Skilling's competitive spreads and copy trading features suit those seeking diverse trading tools.
Skilling
XM
| Skilling | XM | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 3.9/5 ✓ |
| Min. Deposit | $100 ✓ | $5 |
| Spread from | 0.7 pips | 0.6 pips ✓ |
| Max Leverage | 1:30 | 1:1000 ✓ |
| Regulation | CySEC, FSA | CySEC, ASIC, FCA ✓ |
| Platforms | Skilling Trader, cTrader, MT4 | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, XM offers lower spreads (0.6 pips).
See full side-by-side comparison belowSkilling
XM
WinnerSkilling
XM
Lower fees
Skilling
3.5/5
Choose Skilling if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. Skilling holds a 3.5/5 rating vs XM's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Skilling offers spreads from 0.7 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
Skilling requires a minimum deposit of $100. XM requires $5.
Skilling is regulated by CySEC, FSA, while XM holds licences from CySEC, ASIC, FCA.
Skilling supports Skilling Trader, cTrader, MT4, Skilling App. XM supports MT4, MT5, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.