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Alison joined the team as a writer in 2021. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers and she now has over 8 years experience in research and content development. She has tested and reviewed 100+ brokers and has a great understanding of the Forex trading world.
Alison Heyerdahl May 8, 2020 09:18 AM
Founded in 2018, Skilling is an innovative broker with regulation from CySEC of Cyprus and Seychelles' FSA. It has four simple account options, excellent trading conditions, a broad range of tradable assets, and a great range of trading platforms. Its main drawback is the lack of educational materials, which could see beginner traders looking elsewhere for support. Skilling's Standard Accounts require a minimum deposit of 100 EUR and have spreads starting at 0.8 pips (EUR/USD), tighter than those on other brokers' entry-level accounts. On the Premium Account, spreads tighten to 0.1 pips (EUR/USD) with a commission of 6 USD (round turn), but the minimum deposit is 5000 EUR - out of reach for most beginners. MT4, cTrader, and Skilling’s proprietary trading platform are all supported, with seamless integration provided between cTrader and Skilling’s own platform – an industry first. Overall, Skilling is a good all-round broker with a transparent and client-centered approach that will appeal to both beginners and more experienced traders.
Alison Heyerdahl January 7, 2020 09:36 AM
IFC Markets is Cypriot Forex broker with regulation from the British Virgin Islands, which is a strange setup - as most Cypriot Forex brokers are regulated by CySEC. Why IFC Markets is not regulated by CySEC is unclear, though its sister company has held CySEC regulation since 2011. It offers two simple account types, one with a very low minimum deposit is expressly aimed at beginners, and traders can choose between fixed or floating spreads; fixed spreads start from 1.8 pips while floating spreads can get as low as 0.4 pips. IFC supports both MT4 and MT5 as well as its own NetTradeX trading platform and provides a good amount of education and market analysis for new traders.