Skilling vs NordFX, Who's The Best?
Read our In-Depth Skilling vs NordFX Review - 2024 Update
This comprehensive analysis of Skilling and NordFX has been updated to reflect any changes for 2024 by industry experts with years of expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Skilling vs NordFX does not apply to all countries as follows:
Skilling Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
NordFX Excluded Countries
United States of America, Canada, Syrian Arab Republic, Sudan, Cuba, and Netherlands.
Compare Skilling vs NordFX
All platforms for online trading will have a few advantages and disadvantages, and a complete analysis of Skilling vs NordFX would not be regarded as thorough without having an objective perspective.
Assess Skilling and NordFX to understand the way these platforms compare against each other before you choose to create an account. Conducting a comparative analysis can place factors in perspective so that you remain cognizant of what to expect.
So you are looking for a reputable broker and are choosing between Skilling or NordFX. Who is better in 2024?
Our Skilling vs NordFX comparison contains the most recent information so you can easily compare NordFX against Skilling.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get proficient at all the concepts of brokerage as you continue trading. For starters, you need to select the ideal agent who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. Skilling and NordFX are just two such trading platforms which will take you along with your investment into great heights. It is crucial to compare Skilling vs NordFX until you trust them with your money.
Our Skilling vs NordFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Skilling and NordFX side by side.
Our full Skilling vs NordFX Review covers all you need to learn about trading with either Skilling or NordFX. A fantastic broker can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you choose them. It's a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
Skilling and NordFX are both brokers which have forged their way successfully to the brokerage world. In this review, we've tried to collate a number of the important aspects of both Skilling and NordFX. This review can help you to know whether either NordFX or Skilling is a fantastic match for your investments or not. We have tried to breakdown all of the qualities and charges for your advantage.
Benefits of Skilling and NordFX Compared
Skilling has a minimum deposit of $100 while NordFX has a $10 minimum deposit.
Why smaller minimum deposits are good and how Skilling and NordFX compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Skilling allows you to trade around 100 financial instruments whilst NordFX has around 100 on their platform.
The more financial instruments you can trade on the Skilling and NordFX platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Skilling or NordFX.
Skilling and NordFX Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. Skilling and NordFX have the following contact details and social medias that you can use.
Broker | Skilling | NordFX |
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Telephone Number | +91 120 433 3948 | |
support@nordfx.com | ||
Address | Pot 805/103 Rue D'Auvergne, Port Vila, Vanuatu | |
Skilling Twitter Account | NordFX Twitter Account | |
Skilling Facebook Page | NordFX Facebook Page | |
Skilling Instagram Account | NordFX Instagram Account | |
Skilling LinkedIn Page | NordFX LinkedIn Page | |
YouTube | Skilling YouTube Channel | NordFX YouTube Channel |
Find Out More |
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NordFX and Skilling Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Skilling and NordFX we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Skilling vs NordFX - Awards
Skilling vs NordFX - Frequently Asked Questions
Skilling vs NordFX - Headquarters And Year Of Founding
Skilling was founded in 2016 and has its head office in Cyprus.
NordFX was founded in 2008 and has its head office in Mauritius.
What is the minimum deposit for NordFX or Skilling
The minimum deposit for Skilling is $100.
The minimum deposit for NordFX is $10.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Skilling and NordFX are a good option.
Skilling vs NordFX - Regulation And Licencing In More Detail
Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042.
NordFX is regulated by VFSC (15008).
Both Skilling and NordFX have a strong collection of rules for ensuring fair trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Skilling vs NordFX Commission And Fees
Skilling and NordFX are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker isn't necessarily influenced by the number of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three different types of fees for this objective.
The first sort of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you're paying a spread, funding rate, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those that are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither Skilling or NordFX charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who often exchange, for example daily or weekly trading.
However, non-trading fees billed by Skilling and NordFX are relatively higher. As a result, you are billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of resources.
This Skilling vs NordFX review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For Skilling And NordFX
What Languages Do Skilling And NordFX Support?
Being able to communicate easily with your trading platform is a key element when comparing brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you can find the languages that both Skilling and NordFX support.
How Many Clients Do Skilling and NordFX Have?
Both Skilling and NordFX are well established with their client base. It is important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users Skilling and NordFX are working with
What Payment Methods Do Skilling and NordFX Accept?
Skilling and NordFX both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Skilling and NordFX
What Can You Trade With Skilling and NordFX?
Skilling offers 100 trading instruments whilst NordFX offers 116.
Below you will find a full breakdown of what both Skilling and NordFX offer.
Skilling Review
Skilling vs NordFX:
Table Of Contents
- Compare Skilling vs NordFX
- Benefits of Skilling and NordFX Compared
- NordFX and Skilling Mobile App Comparison
- Skilling vs NordFX - Awards
- Skilling vs NordFX - Frequently Asked Questions
- What is the minimum deposit for NordFX or Skilling
- Skilling vs NordFX - Regulation And Licencing In More Detail
- Compare Broker Fees For Skilling And NordFX
- What Languages Do Skilling And NordFX Support?
- How Many Clients Do Skilling and NordFX Have?
- What Payment Methods Do Skilling and NordFX Accept?
- What Can You Trade With Skilling and NordFX?