Skilling Review 2024
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4.5/5

Skilling Review 2024

✔A fast growing trading platform
✔CFD and forex trading across the globe
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

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Adam is head of content on TradingGuide.co.uk. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

Article was updated: October 18, 2024
Estimated reading time: 3 minutes

Skilling is a young forex trading broker offering CFD and forex trading.

Pros
  • Easy-to use platforms and good for beginners
  • Wide variety instrument including Forex and CFDs
  • Good customer support
  • Highly secure and regulated
Cons
  • Absence of multi-currency accounts
  • Traders in the US have no access

Having recently launched a cloud-based trading platform, with strong risk management tools, Skilling began to attract more and more clients.

Skilling was founded with the ambition to educate and train people from around the world, by teaching them how to become successful traders. Their mission is to make trading simple and accessible to everyone, in a secure and transparent environment.

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Skilling – Who Are They?

Skilling is an online-only broker that originally started in 2016. With multinational offices based in Spain, Malta, and Cyprus, the platform offers trading to users across the EU/EEA.

Skilling UK

Originally, Skilling was a start-up that focused on bond market investments. Today, however, the company is trying to create a new model for stock exchanges based on blockchain technologies. In addition, they want to go head on with the big players in trading. So, now, they offer CFDs and forex products across the globe.

While Skilling is a new name in the industry, they are fast becoming a key player in the financial markets arena.

Compare Skilling Features With Other Brokers

Compare with other broker
General Rating
Minimum deposit
Payment & Withdraw options
Fee on Amazon
Fee on GBP/USD
Fee on Bitcoin
Fee on ETFs
Fee on Gold
Software
Licence
Demo account
Money Insurance
Stock Assets
Forex Assets
Commodities Assets
ETFs Assets
Skilling trading
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Read Review
4.5rating-star
€100
Credit cards, Neteller, Skrill, Bank Wire Transfer, Trustly, Klarna, PayPal
Free
Free
Free
No
from 15 pips
Skilling Trader, Skilling cTrader, Skilling MetaTrader 4, Skilling Copy
CySec
Yes
Yes, up to 1 €1,000,000
700+
70+
19
No
etoro logo
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{etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.
4.1rating-star
$100
Debit card, Bank transfer, Neteller, Skrill, eToro Money, Online Banking
Yes (as CFD)
150 PIPs
1%
Free
0.0003 USD + (-0.000113) USD
eToro investing platform, Multi-asset platform, Copy Trader
ASIC, CySEC, FCA, FSAS
Yes
Yes (up to $250,000)
3000
52
27
300
Plus500 logo
Visit site
Risk Warning
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
4.2rating-star
$100
Bank Wire Transfer, Credit/debit cards, Paypal, Skrill
1.01
0.00018
Not available for UK traders
Free (Additional fees may apply)
0.35
Plus500 Webtrader
FCA, CySEC, ASIC, MAS, FSA
Yes
Yes, up to £85,000
2000+ (CFDs)
60+ (CFDs)
22 (CFDs)
90+ (CFDs)
avatrade logo
Visit site
Risk Warning
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
4.5rating-star
$100 (£72)
Credit/debit cards, Wire transfer, Paypal, Skrill, NETELLER, WebMoney
Free
Free
Free
Free
Free
MT4, MT5, WebTrader, Automated Trading, Mac Trading, AvaTradeGO, AvaOptions, Mobile Trading, AvaSocial, DupliTrade, Capitalise.ai
CBI, CySEC, ASIC, BVIFSC, FSA, SAFSCA, ADGM, ISA
Yes
Yes, up to $1.000.000
600+
50+
17
Yes

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Commissions and Fees

TypeFee
Minimum deposit€100
Inactivity fee€10
Deposit fee€0
Withdrawal fee€0

Skilling Account Types Fees

TypeStandartPremium
Commission fromN/A$35 / million
Spreads from0.70.1
Starting deposit€100€5.000
Leverage retail1:301:30
Leverage professional1:2001:200

Our Opinion About Skilling

This online broker comes in as the first choice whenever it comes to a trading platform. It is especially true for new traders who are not familiar with the technical aspects of trading platforms. Therefore, an online-only broker, like Skilling, is a better option with its free educational content and support team. The site’s resources include its Skilling Academy, which walks new traders through the concept of trading CFDs and forex.

With its headquarters based in Cyprus, the broker offers traders access to more than 4,500 markets; including 300 of the world’s top stocks, commodities, indices, and bitcoin exchanges. The firm’s trading platform is fully web-based and compatible with Windows, Mac OS, iOS, and Android operating systems.

We find Skilling to be a great trading platform. Now, what does that mean? It means we found it easy to navigate around it, which is especially beneficial for those who are new to investing, or new to online trading.

Despite being a beginner in the trading industry, the platform offers many trading opportunities and a great selection of markets. The development of the platform continues to take place before our eyes and Skilling will clearly not stop here.

FAQs

Is Skilling a good broker?

Despite being a relatively new player in the trading industry, Skilling has developed to become one of the best platforms for many traders around the world.

This broker offers many trading tools and access to more than 4,500 markets; including 300 of the world’s top stocks, commodities, and indices.

Is my money safe with Skilling?

Yes. Skilling is a great and safe trading platform. The broker is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), etc.

CySEC regulation and FCA authorisation mean your money is safe no matter what happens to the broker. Simply put, Skilling secures your funds in segregated accounts only accessible to you.

What account types are in Skilling?

Skilling has two main types of accounts: Standard and Premium. Both account types are available regardless of the trading platform you choose but they have varying features. So ensure you compare the accounts and choose one suitable for your investment needs for maximum experience.

Is Skilling good for beginners?

Yes. Skilling offers very favourable trading conditions that are suitable for beginners and experienced traders.

If you are a newbie wishing to see how live trading works at Skilling, the broker will provide a demo account with a virtual balance of $10,000.

Adam Jarfjord
Adam Jarfjord

is our leading content maker and head of the content department. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

Skilling Review 2024 Details

Licences
TradingGuides Rating:
✔A fast growing trading platform
✔CFD and forex trading across the globe
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
4.0 rating-star
Customer Support
5.0 rating-star
Commissions & Fees
4.0 rating-star
Platform & Tools
4.0 rating-star
Research
4.3 Overall Rating

10 Replies to “Skilling Review 2024”

  • man says:

    Skilling is really trustful broker, since I have joined or opened account, I didn't have problem withdrawal, or anything else, Skilling support agency are ready 24hrs to help, and they are very friendly, I am happy to be trader at Skilling broker, and I will be for ever.

  • Mohammad S says:

    This broker is well known to me, because it is one of my main forex brokers. When registering here everyone can get a 100% bonus on their first deposit. Trading is done on the MT4 trading terminal, which has both a desktop version and a mobile app version. I didn't have a chance to test Skilling Trader platform. Has anyone tried managing funds for others, will the app help?

  • Luiz Nagassaki says:

    I have worked with several brokers and my only confidence is in Skilling. I want to thank the support team who has always helped me with my queries and questions, including refunds for orders that caused problems with the liquidity provider.

  • Ryan says:

    Their support service is fast and excellent! There are some minor system setup issues yet, but I think it can be fixed. For me as a beginner the platform seems very promising for my crypto-trading.

  • Alex says:

    User-friendly trading platform is perfect for beginners. Excellent support team on all aspects of trading. I had an issue with the mobile app but they solved it with great patience. I highly recommend it.

  • Vanessa says:

    I like Skilling for its user-friendly trading platform: easy to use for trading and learning. It is perfect for beginners and one more important thing is that it is a well-regulated broker. Super effective and responsive support service. Highly recommend it!

  • Jack says:

    I like Skilling. Fast response, when asking for help. Super effective and responsive service. They are well regulated - I really trust them.

  • Godwin says:

    Their trading platforms are very friendly and good for beginners like me. I trust them, they are well-regulated. I want their minimum deposit to be lower 🙂

  • Paul Petrik says:

    Would you recommend this provider?

    Fees

    Account opening

    Customer service

    Deposit and withdrawal

    Skilling stands out from the brokers I've used. Their support team deserves kudos for always assisting me. Among cTrader platform brokers, Skilling excels with its diverse markets, low fees, and excellent customer service. Highly recommended!
  • bikash pattnaik says:

    Would you recommend this provider?

    Fees

    Account opening

    Customer service

    Deposit and withdrawal

    very good for begineers & payment deposit methods fantastic easy to asses all trading instruments

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80% of retail CFD accounts lose money