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Score

6.24 /10
Average

Skilling

Cyprus

5-10 years

Regulated in Cyprus

Market Maker (MM)

MT4 Full License

Regional Brokers

United Kingdom European Authorized Representative (EEA) Unsubscribed

High potential risk

https://skilling.com/eu/en

Influence

A

Add brokers

Comparison

Quantity 5

Exposure

Time Machine
Website

Score

Regulatory Index6.67

Business Index7.47

Risk Management Index0.00

Software Index9.89

License Index6.32

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ES CNMV
2024-09-16
CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM
Skilling

Broker Information

More

Company Name

Skilling Ltd

Company Abbreviation

Skilling

Platform registered country and region

Cyprus

Company website

X

Facebook

Instagram

YouTube

Linkedin

WhatsApp

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 5
Previous Detection : 2025-07-29
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • United KingdomFCA (license number: 810951) The regulatory status is abnormal, the official regulatory status is Unsubscribed. Please be aware of the risk!

WikiFX Survey

Danger

Skilling

Seychelles

WikiFX Verification

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

I was told that the bank card information was wrong when I wanna withdraw!

The margin should be paid to get my withdrawal! No matter how much I wanna withdraw

LIMINGXIANG
2020-11-03 10:15
Unable to Withdraw

Skilling was a scammer

You could not withdraw on Skilling. It asked you to deposit due to many reasons. Fraud platform.

PIPI14577
2021-10-22 16:38
Scam

Skillng is a fraud

Invest three days and the platform closed on the eighth day. Scammers. Everyone should pay more attention to this skillng platform. Don't get cheated here.

jssq
2023-06-20 09:28
Scam

I have been cheated

First, they spoke to me on WhatsApp, they moved me to Telegram and asked me to do a series of tasks. They paid for the first two tasks, then they told me to make a small investment. As the amount grew, they asked me more and more to be able to finish what they called the task and to be able to have my money plus my commission. Every time they ask for more and more with an extra investment. I would like to get back my invested money at least.

beth2244
2023-12-04 04:06
Unable to Withdraw

A clone platform

Add friend: I rent out a room on 58, she leaves a message to let me add her WeChat. 2. Share her profits on Momonts. ( There is a programmer leading you to operate. No risk. The income is up to 5-8 times. Commission is 20%of the income.) 3. Suspection: I obeserved her Moments for a moth, everything is normal. 4. Communication: Answer mu questions ( If I won't profit, they can't get the commissions. There is no need to post everyday if they get no commission.) 5. Download app: Download the app by scanning the QR code she offered. I should use the recommendation code she gives after installation. The personal information is needed when I register, including name, ID card number. 6 Deposit: Ask the customer service and they will offer you the account and some information you need. Give the screenshot to the customer service after transfer. 7. add the programmer. 8. The programmer introduces considerations: If there is a operation mistake, you should deposit to make up for it. 9. Communication for operation time: next day. 10. Operation/Withdrawal: Operate ato the programmer. I withdraw without permission so they said my bank card number is wrong. 11. Insufficient turnover. What should I do?

LIJING
2020-10-26 18:20
Sources
Data Source WikiFX Data provide
Updated: 2025-07-29
Skilling · Company summary
Skilling Review Summary
Founded2016
Registered CountryCyprus
RegulationCySEC, FCA (Unsubscribed), FSA (Offshore Regulated)
Market InstrumentsForex, commodities, cryptos, indices, shares, CFDs
Demo Account✅
Islamic Account✅
LeverageUp to 1:30 (retail)/1:200 (professional)
SpreadFrom 0.8 pips (Standard account)
Trading PlatformSkilling Trader, cTrader, MetaTrader 4
Minimum Deposit€100
Customer SupportLive Chat: Mon–Fri 06:00–22:00
Phone: +357 22 276710
Email: support@skilling.com

Skilling Information

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.

Skilling's homepage

Pros and Cons

ProsCons
Regulated by CySECUnsubscribed FCA license
Various trading instrumentsOffshore regulated by FSA
Demo accountsWithdrawal fees apply after first free daily withdrawal
Wide range of platforms: Skilling Trader, cTrader, MT4
Live chat support

Is Skilling Legit?

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 EntityRegulated ByRegulatory AuthorityLicense TypeLicense No.Current Status
Skilling LimitedCyprusCyprus Securities and Exchange Commission(CYSEC)Market Maker (MM)357/18Regulated
Skilling LimitedUnited KingdomFinancial Conduct Authority (FCA)European Authorized Representative (EEA)810951Unsubscribed
Skilling (Seychelles) LimitedSeychellesSeychelles Financial Services Authority (FSA)Retail Forex LicenseSD042Offshore Regulated
Regulated by CySEC
Unsubscribed FCA license
Offshore regulated by FSA

What Can I Trade on Skilling?

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✘
What Can I Trade on Skilling?

Account Type

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 TypeMinimum DepositLeverage (Retail/Pro)Spread fromCommissionSuitable for
Standard€1001:30/1:2000.8 pips0Beginners; small traders wanting no commission
Premium€5,0000.1 pips$40/millionHigh-volume traders seeking low spreads
MT4€1000.8 pips0Traders who prefer using MT4 platform
MT4 Premium€5,0000.1 pips$40/millionMT4 users trading large volumes, needing low spreads
ProfessionalCustomUp to 1:200CustomExperienced/professional traders
CorporateCustomInstitutional/company accounts needing tailored services
Account comparison

Leverage

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.

Skilling Fees

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 TypeSpreads fromCommission
Standard0.8 pips0
Premium0.1 pips$35–$40 per USD million traded (FX, metals)
MT40.8 pips0
MT4 Premium0.1 pips$35–$40 per USD million traded (FX, metals)

Non-Trading Fees

Non-Trading Fees Amount
Deposit Fee0
Withdrawal Fee1 free withdrawal per day (except bank wire); extra daily withdrawals 2.5% fee; bank wire €15 (SEPA) or €25 (SWIFT)
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Skilling Trader✔Web, Desktop, iOS, AndroidBeginners & advanced traders
cTrader✔Web, Desktop, iOS, AndroidAdvanced traders
MetaTrader 4✔Desktop, iOS, AndroidBeginners
Skilling Trader

Deposit and Withdrawal

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 OptionMinimum DepositDeposit FeesDeposit Time
Bank Transfer€100None (bank fees may apply)Varies by bank, typically 1–3 business days
SkrillUp to 2.9% (at Skillings discretion)Instant to a few hours
Neteller
Credit/Debit CardsNoneInstant

Withdrawal Options

Withdrawal Options Minimum Withdrawal Withdrawal Fees Withdrawal Time
Bank Wire (SEPA)€15 after €15 fee€15 fixed fee1–3 business days (processed Mon–Fri 06:00–15:00 UTC)
Bank Wire (SWIFT)€15 after €25 fee€25 fixed fee1–5 business days (processed Mon–Fri 06:00–15:00 UTC)
Skrill/ NetellerNo fixed minimum1 free withdrawal per day; extra withdrawals 2.5% fee (Skilling may apply up to 2.9% fee)Typically same day
Credit/Debit CardsNo fixed minimum1 free withdrawal per day; extra withdrawals 2.5% fee
Payment methods

News

NewsAbsorption in trading: understanding its dynamics and FAQs

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.

WikiFX
2023-12-29 15:17
Absorption in trading: understanding its dynamics and FAQs

NewsAbsorption in trading: understanding its dynamics and FAQs

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.

WikiFX
2023-12-19 15:05
Absorption in trading: understanding its dynamics and FAQs

NewsDefense industry stocks: key factors to consider in trading

The defense industry, an integral part of national security, often captures attention due to its strategic importance and global implications. However, beyond geopolitical considerations, defense industry stocks have become an intriguing area for investors and traders, however you need to go into it with caution.

WikiFX
2023-09-19 18:31
Defense industry stocks: key factors to consider in trading

NewsThe art of diversification: how to improve your trading portfolio

The idea of diversification is to create a portfolio that includes multiple investments in order to reduce risk.

WikiFX
2023-08-15 11:33
The art of diversification: how to improve your trading portfolio
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User Reviews

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User comment

12

Comments

Write a review

Stockye
more than one year
Great range of instruments, from currencies to commodities, covers all my needs.And platform's a breeze to use, smooth sailing all the way.
Great range of instruments, from currencies to commodities, covers all my needs.And platform's a breeze to use, smooth sailing all the way.
Translate to English
2024-07-31 18:16
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0
0
Sok Chan
more than one year
Got two accounts there, one for forex and one for indices. I mess around with some bonds and options with another broker (IB) since Skilling doesn't offer those. My trading style can be a bit aggressive, sometimes I go big with trades (like 100 lots on EUR/USD). Not all brokers like that, especially those fancy ECN ones. But with Skilling, the spreads and execution are awesome (their customer service is too!), especially since I avoid crazy news times and rollovers (gotta play it safe!).
Got two accounts there, one for forex and one for indices. I mess around with some bonds and options with another broker (IB) since Skilling doesn't offer those. My trading style can be a bit aggressive, sometimes I go big with trades (like 100 lots on EUR/USD). Not all brokers like that, especially those fancy ECN ones. But with Skilling, the spreads and execution are awesome (their customer service is too!), especially since I avoid crazy news times and rollovers (gotta play it safe!).
Translate to English
2024-05-08 18:20
Reply
0
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5