Skilling Review

Fast Facts

Founded:	Account Currencies
2016	USD, EUR, GBP, NOK, SEK
Trading Instruments:	Trading Platforms:
Forex, Shares CFDs, Cryptocurrencies, Indices, Commodities	Skilling Trader, cTrader, MT4
Funding Methods:	Regulation
Credit/Debit Cards, E-Wallets, Bank Transfers	CySEC (Cyprus) FSA (Seychelles)
Max Leverage:	Min Deposit:
1:20	$100

 

Contact Info and Support

 

Pros and Cons

Pros	Cons
Regulated by reputable authorities	No MetaTrader 5 (MT5) support
800+ trading instruments available	High minimum deposit for premium accounts
Supports MT4, cTrader, and Skilling Trader	Limited educational resources
Competitive spreads and fast execution	CFD trading only
Copy trading feature available	Not available in some countries

 

Deposits / Withdrawals

• Deposit Methods:- Credit/Debit Cards, E-Wallets, Bank Transfers.
• Withdrawal Methods:- Credit/Debit Cards, E-Wallets, Bank Transfers.

 

About Skilling

Skilling is an online forex and CFD trading broker founded in 2016 by Henrik Persson Ekdahl, Andre Lavold, and Mikael Riese Harstad. The company is a fintech trading platform designed to provide simple and accessible trading services for both beginner and professional traders.

The broker is headquartered in Nicosia, Cyprus, and operates internationally by offering access to multiple financial markets through advanced trading platforms. Skilling provides trading in several asset classes including forex, stocks, indices, commodities, and cryptocurrencies through CFDs.

Skilling is known for offering modern trading technology and supports platforms such as Skilling Trader, MetaTrader 4 (MT4), and cTrader, which provide advanced charting tools, automated trading options, and real-time market analysis. These platforms are available on desktop, web, and mobile devices for flexible trading.

The broker operates under regulatory oversight from authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in Seychelles, ensuring compliance with financial regulations and transparency standards.

Skilling Regulation

Skilling operates through multiple regulated entities, providing financial services to traders in different regions. The broker is mainly regulated in Europe and offshore jurisdictions.

Regulatory Authorities:

• Cyprus Securities and Exchange Commission (CySEC) – License No. 357/18

• Financial Services Authority (FSA), Seychelles – License No. SD042

• Financial Conduct Authority (FCA), UK – operates under a temporary permissions regime for UK services

The European entity Skilling Ltd is authorized and regulated by CySEC, which requires brokers to follow strict financial rules such as segregation of client funds, negative balance protection, and participation in the Investor Compensation Fund (ICF) that can protect eligible clients up to €20,000 if the company becomes insolvent.

For traders outside the European Union, services are typically provided through Skilling (Seychelles) Ltd, which is regulated by the Seychelles Financial Services Authority (FSA) and allows higher leverage but generally offers fewer investor protections than EU regulators.

Skilling Trading Instruments

Skilling offers access to 800–1200+ trading instruments across multiple financial markets through CFDs (Contracts for Difference). This allows traders to speculate on price movements without owning the underlying assets.

1. Forex (Currency Pairs)

Skilling provides trading on a wide range of major, minor, and exotic currency pairs.
Examples: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF.
Forex trading allows investors to take advantage of fluctuations in global currency exchange rates.

2. Stocks (Share CFDs)

Traders can access hundreds of global company shares from markets such as the US and Europe.
This allows traders to speculate on stock price movements without buying the actual shares.

3. Indices

Skilling offers CFDs on major global stock indices, enabling traders to speculate on the overall performance of major markets.
Examples:

• S&P 500

• NASDAQ

• DAX 40

• FTSE 100

4. Commodities

The platform also includes several commodity CFDs that allow exposure to raw materials and energy markets.
Popular commodities include:

• Gold

• Silver

• Crude Oil

• Natural Gas

5. Cryptocurrencies

Skilling provides access to popular cryptocurrency CFDs, enabling traders to benefit from the volatility of digital assets.

Skilling Account Types

Skilling offers several account types designed for both beginner and professional traders. The main differences between the accounts are spreads, commissions, and minimum deposit requirements.

1. Standard Account

The Standard account is designed for beginner and retail traders.
Key features:

• Minimum deposit around €100

• Spreads from 0.7–0.8 pips

• No trading commission

• Available on Skilling Trader, cTrader, and MT4 platforms

2. Premium Account

The Premium account is intended for experienced or high-volume traders who want lower spreads.
Key features:

• Minimum deposit around €5,000

• Spreads from 0.1 pips

• Commission charged per trading volume

• Access to advanced trading conditions

3. MT4 Account

The MT4 account allows traders to use the MetaTrader 4 platform with similar conditions to the Standard account.
Key features:

• Minimum deposit around €100

• Spreads from 0.8 pips

• Commission-free trading

• Suitable for traders who prefer the MT4 platform

Additional Accounts

Skilling may also offer additional options such as:

• MT4 Premium Account – raw spreads with commissions

• Professional Account – higher leverage for eligible traders

• Corporate Account – for institutions or companies

• Demo Account – practice trading with virtual funds

Skilling Trading Platforms

Skilling provides several professional trading platforms designed to suit both beginner and advanced traders. These platforms are available on desktop, web, and mobile devices, allowing users to trade from anywhere with real-time market data and advanced tools.

1. Skilling Trader (Proprietary Platform)

Skilling Trader is the broker’s in-house trading platform designed to provide a simple and user-friendly trading experience. It is available directly in a web browser or as a mobile app.

Key Features:

• Easy-to-use interface for beginners and experienced traders

• Advanced charting tools and indicators

• Fast order execution

• Integrated trading assistant to help new traders

• Full support for web and mobile devices

2. MetaTrader 4 (MT4)

MetaTrader 4 is one of the most popular trading platforms in the forex industry and is widely used by professional traders.

Key Features:

• Large range of technical indicators and charting tools

• Automated trading with Expert Advisors (EAs)

• Highly customizable trading environment

• Available on desktop, web, and mobile devices

3. cTrader

cTrader is an advanced trading platform designed for traders who require more powerful tools and faster order execution.

Key Features:

• Advanced charting and technical analysis tools

• Level II pricing and detailed market depth

• Algorithmic trading with coding support

• Fast order entry and professional trading interface