Skilling Review

Skilling

 

Skilling is a low-risk broker with a strong Trust Score of 90/100. Licensed by two Tier-1 regulators, it ensures high security and reliability. Traders can choose from four retail account types – Standard, Premium, MT4, and MT4 Premium – designed to suit different trading needs and experience levels.

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

BrokerSkilling
Minimum Deposit€100
SpreadsFrom 0.1 pips
Leverage1:1000
Fees
Commissions
Spreads from 0.1 pips,
commissions from $30
per million USD traded
Currency Pairs73
Regulation🇬🇧 FCA
🇨🇾 CySEC
🇸🇨 FSA Seychelles
Open an AccountOpen Account

 

Overview

Skilling stands out as a modern fintech broker founded in 2016 by Scandinavian entrepreneurs. With headquarters in 🇨🇾 Cyprus and offices in 🇲🇹 Malta and 🇪🇸 Spain, it delivers access to over 1,000 markets, competitive pricing, and award-winning trading platforms designed for both beginners and professionals.

 

Frequently Asked Questions

 

What makes Skilling different from other brokers?

Skilling differentiates itself by offering a proprietary trading platform alongside MetaTrader, ensuring quick execution and reliability. With competitive pricing, transparent operations, and regulation under 🇨🇾 CySEC, it provides a trusted environment where traders can access over 1,000 global markets with efficiency and confidence.

 

Is Skilling safe and regulated?

Yes. Skilling is fully authorised and regulated by the 🇨🇾 Cyprus Securities and Exchange Commission (CySEC) under CIF licence No. 357/18. Its strong regulatory framework, client-centric approach, and secure fund protection measures make it a trusted choice for both beginner and professional traders.

 

Our Insights

Skilling successfully blends Scandinavian entrepreneurship with international expertise, delivering secure, transparent, and client-focused trading solutions. With strong leadership, innovative technology, and global reach, Skilling continues to attract traders seeking reliability, accessibility, and growth opportunities in today’s fast-moving financial markets.

 

Overview

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Fees, Spreads, and Commissions

Skilling maintains a transparent fee structure across its trading accounts. Clients face commission charges on Premium FX and Spot Metals, while all traders pay taker fees on crypto. With clearly defined swap rates and conversion rules, Skilling provides traders with clarity, although costs vary depending on asset type.

 

Asset TypeAccount TypeFee StructureNotes
FX and Spot MetalsPremium onlyFrom $35 per million
USD traded
Commission per side
Crypto CFDsAll accountsFrom 0.05% per sideSwap-free option
available
Indices and SharesAll accountsBased on Libor + markupMarkup reduced on
Premium accounts
Currency ConversionAll accountsConversion fee appliedReflected in realized
profit and loss

 

Frequently Asked Questions

 

What trading fees does Skilling charge on Forex and Spot Metals?

Skilling charges commissions on Premium accounts for FX and Spot Metals, starting from $35 per million USD traded. The fee is calculated through a conversion formula based on the trade size, base currency, and exchange rate. Standard account holders avoid these commission costs.

 

How are swap charges applied at Skilling?

Swap charges apply daily at 22:00 GMT, except on Wednesdays when triple charges account for weekends. These fees vary depending on the instrument, position type, and interbank rates. Swaps may be positive or negative, meaning traders can either pay or earn depending on their open positions.

 

Our Insights

Skilling offers competitive trading fees, especially for crypto, with taker charges starting as low as 0.05%. While swaps and conversion costs add complexity, transparent formulas ensure fairness. Overall, Skilling appeals to traders seeking flexible asset access and a clear understanding of how costs are applied across markets.

 

Fees, Spreads, and Commissions

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Minimum Deposit and Account Types

Skilling provides multiple account types tailored to different trading needs. Standard accounts suit beginners with zero commission trading, while Premium accounts offer tighter spreads and volume-based fees. MT4 accounts appeal to forex-focused traders, and corporate or professional accounts cater to experienced clients with higher requirements and broader conditions.

 

Account TypeOpen an AccountStarting DepositSpreads FromCommission
StandardOpen Account€1000.8 pipsNone
PremiumOpen Account€50000.1 pips$35–40 per million
MT4 StandardOpen Account€1000.8 pipsNone
MT4 PremiumOpen Account€50000.1 pips$35–40 per million

 

Frequently Asked Questions

 

What is the difference between Skilling Standard and Premium accounts?

The Standard account starts at €100 with zero commissions and spreads from 0.8 pips, making it beginner-friendly. The Premium account starts at €5000 and features spreads from 0.1 pips, plus commissions of $35–40 per million traded, suitable for higher-volume traders.

 

Does Skilling offer professional and corporate accounts?

Yes, Skilling provides professional and corporate account options. Professional accounts allow higher leverage of up to 1:200, while corporate accounts are registered under a legal entity and can be Standard, Premium, or MT4 accounts depending on requirements. Application is processed via customer support.

 

Our Insights

Skilling covers a wide spectrum of traders with its account range. Standard accounts are cost-effective for new traders, Premium accounts deliver tight spreads for active professionals, and MT4 suits forex traders. Corporate and professional options add flexibility, ensuring that both individual and institutional clients find a fitting solution.

 

Minimum Deposit and Account Types

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

How to Open a Skilling Account

Opening a Skilling account is quick and simple. Follow these steps to get started:

 

1. Step 1: Visit the Website

Go to Skilling and click “Sign up.

 

2. Step 2: Register Your Details

Enter your name, email, country, and create a password.

 

3. Step 3: Confirm Email

Open the confirmation message, verify your email, and then proceed.

 

4. Step 4: Log In to Dashboard

Access your client area to manage settings and accounts.

 

5. Step 5: Complete Profile

Provide the requested personal information and trading experience.

 

6. Step 6: Verify Identity

Upload Proof of Identity (passport, national ID, or driver’s license) and Proof of Address (recent utility bill or bank statement).

 

7. Step 7: Choose Platform

Select Skilling Trader, MetaTrader 4, or cTrader.

 

8. Step 8: Fund Your Account

Deposit funds from your own payment method in the dashboard; minimum deposit of 100 EUR. Third-party deposits are not accepted.

 

9. Step 9: Download Platform

Install your chosen platform and log in with your credentials.

 

10. Step 10: Start Trading

Place your first trade once verified and funded.

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Safety and Security

Skilling secures client assets and privacy through strict oversight by the 🇨🇾 Cyprus (CySEC) and 🇸🇨 Seychelles (FSA). It maintains segregated accounts, provides negative balance protection, employs SSL encryption, and includes investor compensation coverage up to €1 million. These measures combine to offer traders a safe environment.

 

Security FeatureDescription
RegulationCySEC (Cyprus) and
FSA (Seychelles)
Client Fund ProtectionSegregated accounts
and negative balance
cover
EncryptionSSL encryption
protects data and
transactions
Compensation SchemeUp to €1 million
insurance for retail
clients

 

Frequently Asked Questions

 

Is Skilling regulated and safe for clients?

Yes, Skilling is regulated by both the 🇨🇾 Cyprus CySEC and 🇸🇨 Seychelles FSA. It ensures client fund segregation, negative balance protection, and uses SSL encryption. Retail clients also receive automatic investor compensation coverage up to €1 million.

 

Has Skilling experienced any security breaches or disclosures?

There are no major reports of security breaches. However, one regulatory disclosure was issued by Spain’s CNMV in 2024 for an unauthorised clone operation, which did not involve Skilling’s licensed entities.

 

Our Insights

Skilling delivers robust safety measures through layered protection. With dual regulation, fund segregation, negative balance safety, encryption, and investor compensation coverage, it offers a secure trading environment for most clients and maintains a strong reputation in the industry.

 

Safety and Security 

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Trading Platforms and Tools

Skilling equips traders with three powerful platforms: the intuitive proprietary Skilling Trader, the advanced cTrader, and the familiar MetaTrader 4. Together, they support fast execution, technical analysis tools, demo access, and broad device compatibility, making them versatile choices for both beginners and experienced traders.

 

PlatformKey Features
Skilling TraderUser-friendly
one-click trading
charting
cTraderAdvanced tools
Level II pricing
automation
MetaTrader 4Robust charting
Expert Advisors
indicators
Mobile/DemoCross-device support
virtual fund testing

 

Frequently Asked Questions

 

Which trading platforms does Skilling support?

Skilling offers three platforms: Skilling Trader (user-friendly, with advanced charting and one-click trading), cTrader (advanced features including Level II pricing), and MetaTrader 4 (extensive Expert Advisors and indicators).

 

Does Skilling provide demo accounts and mobile support?

Yes. Traders can use a demo account with virtual funds to test strategies on the web, desktop, or mobile. The platforms support technical indicators, real-time alerts, and fast order execution across devices.

 

Our Insights

Skilling delivers a diverse toolkit suited for various skill levels. The combination of intuitive proprietary software, professional cTrader, and industry-standard MT4, along with strong mobile support and demo accounts, equips traders with flexibility and confidence in execution.

 

Trading Platforms and Tools

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Markets available for Trade

Skilling supports over 800 instruments across forex, stocks, indices, commodities, and crypto CFDs. It offers competitive pricing, with spreads from 0.1 pips and execution under 0.05 seconds. This wide range ensures traders gain access to diverse markets with efficient and reliable trading conditions.

 

Asset ClassMarket Coverage
Forex70+ pairs with spreads
from 0.1 pips
Shares700+ global stocks
across major
exchanges
Indices
Commodities
Broad CFD coverage
with competitive
pricing
CryptocurrenciesLeading crypto CFDs
among available assets

 

Frequently Asked Questions

 

What asset classes can you trade on Skilling?

Skilling allows trading across seven asset classes, including forex, shares, indices, commodities, cryptocurrencies, and soft commodities, totalling over 800 CFD instruments.

 

How competitive are Skilling’s market conditions?

Skilling offers tight spreads starting from 0.1 pips on premium accounts, fast execution times averaging 0.05 seconds, and reliable trade filling across 24/5 market hours.

 

Our Insights

Skilling provides broad market access and superior trading conditions. With an extensive range of instruments, low spreads, and ultra-fast execution, it serves both beginners and active traders well by balancing depth of markets with cost-effective, reliable performance.

 

Markets available for Trade

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Deposits and Withdrawals

Skilling ensures traders enjoy convenient deposit and withdrawal options. The broker supports multiple international and country-specific payment methods, processed in the account’s base currency. While bank transfers and e-wallets like Skrill and Neteller are popular, fees and processing times vary. Importantly, Skilling operates under the regulation of 🇨🇾 CySEC, providing transparency and reliability.

 

FeatureDetails
Supported MethodsBank transfer
Cards
E-wallets
Base Currency ProcessingYes
Withdrawal LimitOne free daily
(except wires)
Regulation🇨🇾 CySEC

 

Frequently Asked Questions

 

What payment methods does Skilling support?

Skilling supports bank transfers, cards, and e-wallets such as Skrill and Neteller. Certain country-specific methods may also be available when you log in to your account. All transactions are processed in your account’s base currency, ensuring clarity and consistency in deposits and withdrawals.

 

Are there any fees for deposits or withdrawals at Skilling?

Deposits via bank transfers are free from Skilling’s side, although banks may charge independently. E-wallets like Skrill and Neteller may incur fees of up to 2.9 percent. Withdrawals through bank wires carry flat fees depending on SEPA or SWIFT transfer methods.

 

Our Insights

Skilling provides a versatile payment system tailored to traders’ needs. With support for multiple methods and a clear fee structure, the process remains efficient and transparent. However, traders should note potential third-party fees, especially with e-wallets or multiple withdrawals per day.

 

Deposits and Withdrawals

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Customer Support

Skilling provides multilingual customer support with extended weekday availability. Traders can connect via phone, live chat, or email from Monday to Friday between 06:00 and 22:00 CET. With offices in 🇨🇾 Cyprus, 🇪🇸 Spain, and 🇲🇹 Malta, Skilling ensures global accessibility and a responsive service experience.

 

Frequently Asked Questions

 

When is Skilling’s customer support available?

Customer support operates Monday to Friday, from 06:00 to 22:00 CET. During these hours, traders can reach Skilling via phone, live chat, or email. Queries sent outside these times are usually addressed promptly the next working day.

 

How can I contact Skilling’s support team?

You can reach Skilling by phone at +357 22 276710, through live chat on their platform, or via email at [email protected]. Each method provides direct access to trained support specialists, ensuring quick and accurate assistance.

 

Our Insights

Skilling offers dependable customer service across multiple channels. With extended weekday coverage and offices in three European countries, the broker ensures reliable support for its clients. However, the absence of weekend availability may limit urgent assistance for some traders.

 

Customer Support

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Customer Reviews and Trust Scores

A quick look at Skilling through the lens of user reviews shows a generally positive sentiment, especially on mainstream platforms.

 

PlatformScore/Notes
Trustpilot4.1 - 4.3
(80% 5-star, positive
on support and
reliability)
ForexPeaceArmy3.7 (few reviews;
includes occasional
serious complaints)

 

Skilling earns a solid reputation for transparency and service, though a few reviews raise caution. It’s worth reading both praise and criticism to get a full picture.

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Discussions and Forums about Skilling

Although there aren’t large dedicated threads about Skilling, it’s mentioned in general forex communities and review forums, offering valuable insights and cautionary tales.

 

PlatformNature of Mention
Reddit
r/Forex
Common forums like
Forex Peace Army,
TradingView, and
others are used for
sharing broker
experiences
ForexPeaceArmySome users accuse
Skilling of high
handed practices like
voiding wins, while
others appreciate
resolution and
transparency

 

These forums are useful for gauging real-world experiences—but always balance any single review with broader feedback.

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Employee Overview: Working at Skilling

Inside insights from Skilling employees reveal a dynamic, modern workplace with mostly positive feedback and a few caveats.

 

MetricScore/Notes
Glassdoor Rating~4.4 ⁄5 from 17
reviews - about 20%
above financial services average
Highlights“Sophisticated,
emotionally intelligent
management,”
“flexibility,” “great
team,” “chill
environment”
Minor ConcernsManagement changes,
fast-paced startup
environment,
occasional structural
gaps

 

Skilling seems to foster a supportive and ambitious culture, with great colleagues and leadership – though rapid growth can bring growing pains.

 

★★★★
Minimum Deposit: €100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
High Trustpilot ratingsSome complaints
about withdrawals
Transparent fee structureFew FPA negative posts
Strong Glassdoor
employee reviews
Rapid changes in
management
Flexible work
environment
Limited user
generated forum
discussion
Licensed and regulatedEducation resources
less extensive

 

References:

 

 

In Conclusion 

Skilling maintains a European footprint with physical offices in Cyprus, Spain, and Malta, complemented by a Seychelles presence. Their customer support is available through multiple channels across those regions, enhancing accessibility and trust. Countries with Offices and Customer Support include:

 

  • CY Cyprus
  • ES Spain
  • MT Malta
  • SC Seychelles

 

Skilling’s international office network underscores its commitment to localized support, enhancing trust and operational transparency across key jurisdictions. If you’d like, I can also check their support languages or hours by region – just say the word!

Faq

Yes, Skilling provides trading applications for Android and iOS smartphones.

Skilling’s withdrawal processing time normally varies between a few hours and several business days, depending on the withdrawal method and any extra verification procedures.

The minimum deposit needed to create a Skilling trading account varies by account type, ranging from 25 EUR for the Standard account to 5,000 EUR for the Premium and MT4 Premium accounts. 

Yes, Skilling provides MetaTrader 4 (MT4) and their own Trader platform and cTrader. This allows you to choose a familiar and well-supported platform.

Yes, Skilling is regarded as a secure broker regulated by respected bodies like the FCA, CySEC, and FSA Seychelles. 

CONTENT

HFM

Doo Prime

XM

Best Forex Brokers

ONLY ON Forex Brokers Reviews