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Score
Cyprus
Regulated in Cyprus
Market Maker (MM)
MT4 Full License
Regional Brokers
United Kingdom European Authorized Representative (EEA) Unsubscribed
High potential risk
Offshore Regulated
Influence
Add brokers
Comparison
Quantity 5
Exposure
Score
Regulatory Index6.93
Business Index7.45
Risk Management Index0.00
Software Index9.89
License Index6.67
Single Core
1G
40G
Danger
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Company Name
Skilling Ltd
Company Abbreviation
Skilling
Platform registered country and region
Cyprus
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Skilling Review Summary | |
Founded | 2016 |
Registered Country | Cyprus |
Regulation | CySEC, FCA (Unsubscribed), FSA (Offshore Regulated) |
Market Instruments | Forex, commodities, cryptos, indices, shares, CFDs |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | Up to 1:30 (retail)/1:200 (professional) |
Spread | From 0.8 pips (Standard account) |
Trading Platform | Skilling Trader, cTrader, MetaTrader 4 |
Minimum Deposit | €100 |
Customer Support | Live Chat: Mon–Fri 06:00–22:00 |
Phone: +357 22 276710 | |
Email: support@skilling.com |
Skilling is a multi-platform CFD broker based in Cyprus that was started in 2016. It is regulated by CySEC and the FSA (Seychelles) and lets you trade FX, equities, indices, commodities, and cryptocurrencies. It has many types of accounts, leverage options, and low costs for both retail and professional clients.
Pros | Cons |
Regulated by CySEC | Unsubscribed FCA license |
Various trading instruments | Offshore regulated by FSA |
Demo accounts | Withdrawal fees apply after first free daily withdrawal |
Wide range of platforms: Skilling Trader, cTrader, MT4 | |
Live chat support |
Skilling holds an active license in Cyprus under CySEC (regulated), has an unsubscribed license in the UK (FCA), and holds an offshore-regulated license in Seychelles under FSA.
Licensed Entity | Regulated By | Regulatory Authority | License Type | License No. | Current Status |
Skilling Limited | Cyprus | Cyprus Securities and Exchange Commission(CYSEC) | Market Maker (MM) | 357/18 | Regulated |
Skilling Limited | United Kingdom | Financial Conduct Authority (FCA) | European Authorized Representative (EEA) | 810951 | Unsubscribed |
Skilling (Seychelles) Limited | Seychelles | Seychelles Financial Services Authority (FSA) | Retail Forex License | SD042 | Offshore Regulated |
Skilling offers 1,200+ CFD instruments across 7 asset classes, including forex, shares, indices, commodities, and cryptos.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Commodities | ✔ |
Cryptos | ✔ |
Indices | ✔ |
Shares | ✔ |
Bonds | ✘ |
Options | ✘ |
ETFs | ✘ |
Skilling has four primary types of live accounts: Standard, Premium, MT4, and MT4 Premium. They have Professional and Corporate accounts for experienced or institutional traders. They also offer demo accounts for practice and Islamic accounts for merchants who observe Sharia law upon request.
Account Type | Minimum Deposit | Leverage (Retail/Pro) | Spread from | Commission | Suitable for |
Standard | €100 | 1:30/1:200 | 0.8 pips | 0 | Beginners; small traders wanting no commission |
Premium | €5,000 | 0.1 pips | $40/million | High-volume traders seeking low spreads | |
MT4 | €100 | 0.8 pips | 0 | Traders who prefer using MT4 platform | |
MT4 Premium | €5,000 | 0.1 pips | $40/million | MT4 users trading large volumes, needing low spreads | |
Professional | Custom | Up to 1:200 | Custom | Experienced/professional traders | |
Corporate | Custom | Institutional/company accounts needing tailored services |
For retail traders, Skilling offers a maximum leverage of 1:30. For professional traders, the maximum leverage is 1:200. High leverage can make profits bigger, but it also makes big losses more likely.
In general, Skilling's trading fees are fair and often cheaper than the norm in the industry, especially for Premium accounts with narrow spreads.
Account Type | Spreads from | Commission |
Standard | 0.8 pips | 0 |
Premium | 0.1 pips | $35–$40 per USD million traded (FX, metals) |
MT4 | 0.8 pips | 0 |
MT4 Premium | 0.1 pips | $35–$40 per USD million traded (FX, metals) |
Non-Trading Fees
Non-Trading Fees | Amount |
Deposit Fee | 0 |
Withdrawal Fee | 1 free withdrawal per day (except bank wire); extra daily withdrawals 2.5% fee; bank wire €15 (SEPA) or €25 (SWIFT) |
Inactivity Fee | Not mentioned |
Trading Platform | Supported | Available Devices | Suitable for |
Skilling Trader | ✔ | Web, Desktop, iOS, Android | Beginners & advanced traders |
cTrader | ✔ | Web, Desktop, iOS, Android | Advanced traders |
MetaTrader 4 | ✔ | Desktop, iOS, Android | Beginners |
Skilling doesn't charge any fees for deposits, except maybe Neteller and Skrill, which may be as high as 2.9%. They let you make one free withdrawal per day (except for bank wires), however any other withdrawals you make in a day may cost 2.5%. The minimum deposit for all methods of deposits in an account with Skilling is 100 EUR.
Deposit Options
Deposit Option | Minimum Deposit | Deposit Fees | Deposit Time |
Bank Transfer | €100 | None (bank fees may apply) | Varies by bank, typically 1–3 business days |
Skrill | Up to 2.9% (at Skillings discretion) | Instant to a few hours | |
Neteller | |||
Credit/Debit Cards | None | Instant |
Withdrawal Options
Withdrawal Options | Minimum Withdrawal | Withdrawal Fees | Withdrawal Time |
Bank Wire (SEPA) | €15 after €15 fee | €15 fixed fee | 1–3 business days (processed Mon–Fri 06:00–15:00 UTC) |
Bank Wire (SWIFT) | €15 after €25 fee | €25 fixed fee | 1–5 business days (processed Mon–Fri 06:00–15:00 UTC) |
Skrill/ Neteller | No fixed minimum | 1 free withdrawal per day; extra withdrawals 2.5% fee (Skilling may apply up to 2.9% fee) | Typically same day |
Credit/Debit Cards | No fixed minimum | 1 free withdrawal per day; extra withdrawals 2.5% fee |
Absorption in the financial markets is a key concept that helps traders understand market dynamics and depth. This article will explain what absorption is, delve into how it works in trading, answer common questions about absorption, and highlight how Skilling's platform can be utilized in this context.
Absorption in the financial markets is a key concept that helps traders understand market dynamics and depth. This article will explain what absorption is, delve into how it works in trading, answer common questions about absorption, and highlight how Skilling's platform can be utilized in this context.
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