Skilling

Skilling Review: Is Skilling Broker Good?

Broker overview and general information

Skilling is a Fintech trading company founded in 2016 by Scandinavian entrepreneurs and has grown to success with offices in Cyprus, Malta and Spain. The broker’s vision is to provide investors with transparent, verifiable and reliable access to trading. They also aim to create their own trading platform that allows investors to trade efficiently.

Broker Licensing and Regulation

If you ask whether Skilling is good, you have to start by considering the license factor first. The brokers have the following licenses:

• Cyprus Securities and Exchange Commission (CySEC) License No. 357/18 under Skilling Ltd.

• Financial Services Authority (FSA) in Seychelles, License No. SD042 under Skilling (Seychelles) Ltd.

Trading products and services

Trading products

Brokers offer a wide range of investment products to suit all needs, covering Forex, stocks, indices, commodities and cryptocurrencies.

• Trade Forex: Trade Forex on a variety of popular currency pairs, making profits anytime the market is open.

• Stocks: Trade world-famous stocks both Long and Short. Make profits without owning/buying real stocks. You can trade stocks in all business groups that are popular all over the world.

• Indices: Trade popular global indices such as AUS200, CHINA50, EUSTX50, UK100 and more.

• Commodities: Trade a wide range of commodities including Aluminum, Copper, Cocoa, Coffee, Corn, Cotton.

• Cryptocurrency: Trade Cryptocurrency, one of the assets that has no market opening/closing time, allowing investors to make profits at all times. Pair popular coins BTCUSD, ETHUSD and many more to choose from as desired.

Trading Platform

The broker offers three main trading platforms to choose from:

1. Skilling Trader: This platform is developed by the broker itself. It has a simple design but meets all the needs of both beginner and professional traders. With easy-to-use and efficient features, traders can access trading conveniently.

2. Skilling cTrader: Integrates with cTrader, an advanced trading platform with features such as fast data entry and coding customization, as well as a variety of technical indicators that help increase the accuracy of trading decisions.

3. Skilling MetaTrader 4: Integrates with the world-renowned MetaTrader 4 platform, giving traders access to advanced features and flexible customization, which is widely popular among traders.

Skilling Review: Account Types

There are 4 types of investor accounts: Standard, Premium, MT4 and MT4 Premium.

Standard Account

• Commission 0$

• Spreads 0.8 Pips

• Minimum deposit 25 Euro

• Maximum leverage 1:1000

• Minimum trade size 0.01 lots

• Stop Out Level 50%

• Swaps Yes

Premium Account

• Commission $35 per Million

• Spreads 0.1 Pips

• Minimum deposit 5,000 Euro

• Maximum leverage 1:1000

• Minimum trade size 0.01 lots

• Stop Out Level 50%

• Swaps Yes

MT4 Account

• Commission 0$

• Spreads 0.8 Pips

• Minimum deposit 25 Euro

• Maximum leverage 1:1000

• Minimum trade size 0.01 lots

• Stop Out Level 50%

• Swaps Yes

MT4 Premium Account

• Commission $35 / Million

• Spreads 0.1 Pips

• Minimum deposit 5,000 Euro

• Maximum leverage 1:1000

• Minimum trade size 0.01 lots

• Stop Out Level 50%

• Swaps Yes

Deposit and Withdrawal Review

Brokers offer a wide variety of deposit and withdrawal channels to choose from, meeting the needs of customers from many countries as follows:

Supported deposit/withdrawal channels

*Some payment methods are only available to residents of certain countries. There are also country-specific payment methods that will be displayed when you enter the deposit screen on the Skilling platform.

Please note that when you make a withdrawal, the transaction will be processed in the currency of your account. For example, if your trading account is denominated in USD, your withdrawal will be processed in USD.

Customer Service

Customer service is available Monday to Friday from 06:00 to 22:00 CET and users can contact us through the following channels:

• Telephone Support: Service hours: 06:00-22:00 CET Telephone number: +248 463 2031

• Live Chat: Experts are available for consultation via live chat during the same business hours.

• Email Support:[email protected]You will receive a response within 24 hours.

Skilling also has offices in several countries, such as:Seychelles,Cyprus,Spain, andMaltaTo meet the needs of customers around the world

Broker Overview Summary

Skilling is an online broker that offers trading in a variety of financial markets, such as Forex, stocks, and other assets. Despite its wide range of products and platforms, there are some drawbacks to consider before using it. One concern is the reliability of the FSA (Financial Services Authority Seychelles) license, which is not as strict as the regulatory bodies in Europe or the United States. There are also some hidden fees that are not clearly stated, which can make it difficult for users to calculate the total cost. In addition, customer support is not available 24 hours a day, which is inconvenient for investors who need help in an emergency. Investors considering using the service should carefully weigh the pros and cons of the broker to ensure it suits their needs.

Frequently asked questions about Skilling

1. What platforms can I use to trade Forex?

Answer: You can trade with Skilling Trader, Skilling cTrader, Skilling MetaTrader 4.

2. How many types of accounts are there to choose from?

Answer: There are 4 types of accounts to choose from: Standard, Premium, MT4 and MT4 Premium.

3. What assets are available to choose from?

Answer: You can trade on Forex, stocks, indices, commodities and cryptocurrencies.

Choose the safest and most suitable broker with TrustFinance reviews

Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.

Skilling Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.