FXCM vs Skilling: which broker is better in 2026?
We compare FXCM and Skilling — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Skilling edges ahead (3.6/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaFXCMSkilling
Overall score 3.5 3.6
Regulation & safety 3.0 3.5
Fees & deposit 3.5 3.5
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score68/10072/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsTrading Station (web/desktop/mobile), MetaTrader 4, TradingView (integrated), APISkilling Trader, cTrader, MetaTrader 4
Fee modelSpread model or spread + commission (Active Trader) — varies; exact figures not yet verifiedStandard/Premium; competitive
Pros & cons
- An established broker since 1999 with the mature Trading Station & MT4 platforms
- Now backed by a large financial group (Jefferies/StoneX)
- International entities regulated by FCA/ASIC/FSCA
- Permanently banned from the US market (2017) + a US$7 million fine for hiding a conflict of interest — a serious regulatory record
- Trust was dented by that case; verify the entity serving your region
- Leveraged products are high-risk
- A clean in-house platform + cTrader/MT4; CySEC regulation
- Beginner-friendly with a modern UX
- Competitive spreads (Premium account)
- A relatively new & small broker
- Seychelles entity for non-EU clients
- Leverage is high-risk
Regulation at a glance
FXCM
International entities regulated by the FCA (UK), ASIC (Australia), FSCA (South Africa), and others. IMPORTANT: FXCM has been permanently banned from the US market since 2017 (see the risk note).
Skilling
Scandinavian (2016) — regulated by CySEC (Cyprus), FSA (Seychelles). Own platform + cTrader + MT4.