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Skilling Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-04 10:21

Abstract：　　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 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 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.

Pros and Cons

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

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 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

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	✘

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 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

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 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

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

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 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		Up to 2.9% (at Skillings discretion)	Instant to a few hours
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	Typically same day