Skilling vs XM: which broker is better in 2026?
We compare Skilling and XM — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Both score evenly overall — the right choice depends on which criteria matter most to you.
Side-by-side comparison
CriteriaSkillingXM
Overall score 3.6 3.6
Regulation & safety 3.5 3.0
Fees & deposit 3.5 3.5
Platform & assets 4.0 4.0
User support 3.5 4.0
Trust score72/10069/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsSkilling Trader, cTrader, MetaTrader 4MetaTrader 4, MetaTrader 5, XM app
Fee modelStandard/Premium; competitiveStandard / ultra-low spread; figures vary
Pros & cons
- 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
- Very large client base, strong multilingual education & support
- MT4/MT5 + many instruments
- CySEC license for the EU entity
- Many retail clients via the offshore entity (Belize) — weaker protection
- Standard spread is not the cheapest
- Leverage is high-risk
Regulation at a glance
Skilling
Scandinavian (2016) — regulated by CySEC (Cyprus), FSA (Seychelles). Own platform + cTrader + MT4.
XM
Trading Point group — regulated by CySEC (Cyprus), ASIC (historically), DFSA (Dubai), FSC (Belize), FSCA (South Africa). Many retail clients via the offshore entity (Belize).