FXOpen vs. Skrill

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

FXOpen

  • Pros
  • Leverage up to 1:500.
  • Trade on MetaTrader 4, 5 or TickTrader.
  • All trading strategies allowed (ECN account).
  • Account base currencies: USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, mBTC.
  • Cons
  • Withdrawal fees between 2.5% and 8.25% (depending on your deposit method), if you request a withdrawal before meeting minimum notional trading volume requirements.
  • FXOpen is only regulated in Nevis.
  • Awards
  • High-quality order execution, 2018 - VerifyMyTrade
  • Best Forex Broker Australia, 2011 - World Finance
  • Best Trading Platform, 2010 - Falcon Award
Skrill

  • Pros
  • Buy Bitcoin or other crypto-currencies.
  • Easily send money to any email address.
  • Deposit money with hundreds of Forex brokers.
  • Spend or withdraw profits with a prepaid Mastercard.
  • Cons
  • Not suited for day trading because of its currency exchange fees.
  • Prepaid Mastercard is only available in Euros.
  • Monthly inactivity fee after 12 months.
  • Awards
  • Best Digital Wallet, 2019 - Juniper Research

Markets

Asset classesFXOpen ▷Skrill ▷
Forex (CFD)
Cryptos (CFD)
CryptosNA
Stocks (CFD)
StocksNA
Indices (CFD)
ETFs (CFD)NA
Metals (CFD)
Energy (CFD)
Commodities (CFD)NA
Bonds (CFD)NA
Asset classes (#)FXOpen ▷Skrill ▷
Forex (CFD)51NA
Cryptos (CFD)43NA
CryptosNA12
Stocks (CFD)100NA
Indices (CFD)10NA
Metals (CFD)2NA
Energy (CFD)3NA

Trading platforms

Trading platformsFXOpen ▷Skrill ▷
MetaTrader 4NA
MetaTrader 5NA
cTraderNA
CurrenexNA
Copy tradingNA
Mirror tradingNA
Other platformsTickTraderNA
Operating systemsFXOpen ▷Skrill ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsFXOpen ▷Skrill ▷
Bank transfer
Credit card
Debit card
Bitcoin
Bitcoin CashNA
DixiPayNA
FasaPayNA
Perfect MoneyNA
QIWI WalletNA
Skrill
SorexPayNA
WebMoneyNA
Yandex.MoneyNA
Account base currenciesFXOpen ▷Skrill ▷
AUD - Australian DollarNA
CHF - Swiss FrancNA
EUR - EuroNA
GBP - British PoundNA
JPY - Japanese YenNA
RUB - Russian RoubleNA
SGD - Singapore DollarNA
USD - U.S. DollarNA

Regulators

Company informationFXOpen ▷Skrill ▷
Company nameFXOpen NZ LimitedSkrill Limited
Head officeAuckland, New ZealandLondon, UK
Incorporation date20052001
RegulatorsFXOpen ▷Skrill ▷
AustraliaAFSL No. 412871NA
NevisNevis No. C 42235NA
UKFCA No. 579202FCA No. 900001