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Leverage 1:500
Minimum Deposit $100
Regulation CySEC, FCA, FSA
Year Established 2016
Payment Methods Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller
Trading Assets Forex, Indices, Shares, Commodities, Cryptocurrencies
Spreads Very Low
Average cost: EUR/USD 0.2 pips
Demo Account
Islamic Account
Scalping Yes
EAs/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Contact Information Email: [email protected], Phone: +44 208 080 6555
Address Rochefort House, 13-14 South Place, London, EC2M 7EB, United Kingdom
Rating ★★★★☆ 4.4

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Pros and Cons

  • Wide range of trading assets
  • User-friendly platforms
  • Competitive spreads
  • Excellent customer support
  • Comprehensive educational resources
  • No MT5 support
  • Relatively new broker
  • Limited offline support
  • Some geographic restrictions
  • Withdrawal processing time


Selecting the right broker is a pivotal decision for traders, whether they are novices or seasoned professionals.

A broker acts as the intermediary between the trader and the financial markets, facilitating the buying and selling of financial instruments such as stocks, forex, commodities, and cryptocurrencies.

This comprehensive review delves into Skilling, a rapidly growing online broker that has garnered attention for its robust trading platforms and user-friendly approach.

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Company Overview


Founded in 2016, Skilling was created with the vision of making trading accessible and straightforward for everyone.

The company is headquartered in Cyprus and has additional offices in London and Spain.

It operates under the regulation of several reputable financial authorities, ensuring a secure trading environment for its clients.

Regulation and Security

Regulation is a cornerstone of a broker’s credibility, and this company is no exception.

It is regulated by multiple financial authorities, providing an added layer of security and trust for its clients.

These regulations ensure that the company adheres to strict financial standards and practices.

Regulatory Bodies:

  • CySEC (Cyprus Securities and Exchange Commission): Skilling’s operations in Europe are regulated by CySEC, ensuring compliance with European financial laws and directives.
  • FCA (Financial Conduct Authority): Their operations in the UK are overseen by the FCA, known for its rigorous regulatory standards.
  • FSA (Seychelles Financial Services Authority): This body regulates its global operations, providing oversight and ensuring compliance with international financial standards.

These regulatory bodies mandate that it maintains segregated client accounts, undergoes regular audits, and provides transparent reporting.

Additionally, it offers negative balance protection, ensuring that clients cannot lose more than their deposited funds.

Trading Platforms

Skilling provides three main trading platforms to cater to various trading styles and preferences: MetaTrader 4 (MT4), cTrader, and Skilling Trader.

MetaTrader 4 (MT4)

MT4 is one of the most popular trading platforms globally, known for its user-friendly interface and robust functionality.

It offers a wide range of features suitable for both novice and advanced traders.

Key Features of MT4:

  • Advanced Charting Tools: Includes multiple chart types, timeframes, and technical indicators.
  • Automated Trading: Supports Expert Advisors (EA) for algorithmic trading.
  • Customizable Interface: Allows traders to personalize their trading environment.
  • Comprehensive Analysis Tools: Provides tools for both technical and fundamental analysis.


cTrader is another powerful platform that caters primarily to more experienced traders.

It offers a clean interface and advanced trading capabilities.

Key Features of cTrader:

  • Level II Pricing: Provides more detailed market depth information.
  • Advanced Order Types: Includes advanced order types such as market, limit, stop, and stop-limit orders.
  • Custom Indicators and Bots: Allows for custom technical indicators and trading bots.
  • Copy Trading: Supports cTrader Copy for social trading.

Skilling Trader (Proprietary Platform)

Skilling Trader is the broker’s proprietary platform designed to offer an intuitive and seamless trading experience.

It is suitable for traders of all levels.

Key Features:

  • User-Friendly Interface: Designed for simplicity and ease of use.
  • Integrated Trading Tools: Includes various trading tools and resources directly within the platform.
  • Web and Mobile Access: Accessible via web browsers and mobile apps for trading on the go.
  • Educational Resources: Built-in educational materials and tutorials for traders.

Account Types and Opening

Skilling offers several account types to meet the diverse needs of its clients.

These accounts are designed to cater to different trading styles, experience levels, and capital requirements.

Standard Account

The Standard Account is ideal for beginner traders.

It requires a minimum deposit of $100 and offers access to all trading instruments and platforms.

Key Features:

  • Leverage: Up to 1:500
  • Spreads: Variable, starting from 0.7 pips
  • Commission: None
  • Minimum Deposit: $100
  • Negative Balance Protection: Yes

Premium Account

The Premium Account is designed for more experienced traders who trade larger volumes.

It offers lower spreads in exchange for a higher minimum deposit.

Key Features:

  • Leverage: Up to 1:500
  • Spreads: Variable, starting from 0.2 pips
  • Commission: $35 per million traded
  • Minimum Deposit: $5,000
  • Negative Balance Protection: Yes

Demo Account

For those new to trading or looking to test the broker’s platforms, a free demo account is available.

This account provides virtual funds for risk-free trading in real market conditions.

Key Features:

  • Virtual Funds: $10,000
  • Access to All Platforms: Yes
  • Real-Time Data: Yes
  • No Expiry: Unlimited usage

Islamic Account

Skilling also offers Islamic accounts for traders who adhere to Sharia law.

These accounts are swap-free, meaning they do not incur interest on overnight positions.

Key Features:

  • Leverage: Up to 1:500
  • Spreads: Variable, starting from 0.7 pips
  • Commission: None
  • Minimum Deposit: $100
  • Negative Balance Protection: Yes
  • Swap-Free: Yes

Account Opening Process

Opening an account is a straightforward process.

Prospective clients need to complete an online application form, provide proof of identity (such as a passport or driver’s license), and proof of address (such as a utility bill or bank statement).

Once the documents are verified, the account is typically approved within 24 hours.

Table: Account Types Comparison

FeatureStandard AccountPremium AccountIslamic Account
Minimum Deposit$100$5,000$100
LeverageUp to 1:500Up to 1:500Up to 1:500
SpreadsFrom 0.7 pipsFrom 0.2 pipsFrom 0.7 pips
CommissionNone$35 per millionNone
Negative Balance ProtectionYesYesYes
PlatformsMT4, cTrader, Skilling TraderMT4, cTrader, Skilling TraderMT4, cTrader, Skilling Trader
Get up to $10000 in bonuses

Trading Instruments

Skilling offers a wide range of trading instruments across multiple asset classes, providing ample opportunities for diversification and strategy implementation.


Forex trading is one of the primary offerings, with over 70 currency pairs available, including major, minor, and exotic pairs.

Key Details:

  • Spreads: Starting from 0.2 pips
  • Leverage: Up to 1:500
  • Execution Speed: Fast and reliable
  • Currency Pairs: Major, minor, and exotic pairs


Traders can access more than 50 global indices, allowing them to speculate on the performance of entire markets.

Key Points:

  • Major Indices: S&P 500, NASDAQ 100, FTSE 100, DAX 30, etc.
  • Leverage: Up to 1:200
  • Spreads: Competitive spreads starting from 1 pip


Skilling provides access to a broad range of shares from major global markets, enabling traders to invest in individual companies.

Key Features:

  • Global Markets: US, UK, European, and Asian shares
  • Leverage: Up to 1:10
  • Spreads: Variable spreads based on market conditions


Commodity trading is available for those interested in trading physical assets such as gold, silver, oil, and agricultural products.

Key Features:

  • Metals: Gold, silver, platinum
  • Energies: Crude oil, natural gas
  • Agricultural Products: Wheat, coffee, sugar
  • Leverage: Up to 1:100
  • Spreads: Starting from 0.3 pips


For traders looking to take advantage of the volatility and growth potential in the digital asset market, cryptocurrency trading is available.

Key Points:

  • Major Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple
  • Leverage: Up to 1:5
  • Spreads: Competitive spreads based on market conditions

Table: Trading Instruments

ForexEUR/USD, GBP/USD, USD/JPYUp to 1:500From 0.2 pips
IndicesS&P 500, NASDAQ 100, FTSE 100Up to 1:200From 1 pip
SharesApple, Google, AmazonUp to 1:10Variable
CommoditiesGold, Silver, OilUp to 1:100From 0.3 pips
CryptocurrenciesBitcoin, Ethereum, RippleUp to 1:5Competitive

Fees and Commissions

Understanding the fee structure of a broker is essential as it directly impacts trading profitability.

Skilling is transparent with its fees, ensuring traders are aware of the costs involved.

Spread and Commission Structure

The fee structure varies based on the account type and trading instrument.

Standard Account:

  • Spreads: Variable, starting from 0.7 pips
  • Commission: None

Premium Account:

  • Spreads: Variable, starting from 0.2 pips
  • Commission: $35 per million traded

Non-Trading Fees

In addition to trading fees, Skilling imposes certain non-trading fees that traders should be aware of.

Deposit and Withdrawal Fees:

  • Deposit Fee: None
  • Withdrawal Fee: None

Inactivity Fee:

  • An inactivity fee of $10 per month is charged if there is no trading activity for a consecutive period of 12 months.

Currency Conversion Fee:

  • A currency conversion fee of 0.5% applies to trades on instruments denominated in a currency different from the account currency.

Table: Fees and Commissions

Fee TypeStandard AccountPremium AccountIslamic Account
SpreadsFrom 0.7 pipsFrom 0.2 pipsFrom 0.7 pips
CommissionNone$35 per millionNone
Deposit FeeNoneNoneNone
Withdrawal FeeNoneNoneNone
Inactivity Fee$10 per month$10 per month$10 per month
Currency Conversion Fee0.5%0.5%0.5%

Customer Support

Customer support is a vital aspect, and the company provides robust customer support to ensure that traders’ queries and issues are resolved promptly.

Contact Methods

The broker offers multiple channels for customer support:

  • Email: [email protected]
  • Phone: +44 208 080 6555
  • Live Chat: Available on the website and trading platforms
  • Help Center: Comprehensive FAQ and support articles


Customer support is available 24/5, aligning with global market hours.

The support team is known for its responsiveness and professionalism, providing timely assistance to traders.

Table: Customer Support Availability

Support ChannelAvailability
Live Chat24/5
Help Center24/7

Educational Resources

Skilling is committed to empowering traders with knowledge and skills.

The broker offers plenty of educational resources to help traders improve their trading strategies and market understanding.

Webinars and Seminars

Regular webinars and seminars are conducted by market experts.

These sessions cover various topics, including market analysis, trading strategies, and platform tutorials.

Video Tutorials

A library of video tutorials provides step-by-step guides on using the trading platforms, understanding market concepts, and executing trades.

Articles and E-books

The broker offers a range of articles and e-books on trading basics, technical analysis, fundamental analysis, and risk management.

These resources are designed to cater to traders of all levels.

Demo Account

The demo account is an invaluable educational tool, allowing traders to practice trading in a risk-free environment.

It helps new traders familiarize themselves with the platforms and experienced traders to test new strategies.

User Experience

User experience is a critical factor that can significantly impact a trader’s efficiency and satisfaction.

This broker excels in providing a seamless and intuitive user experience across its platforms.

Platform Interface

All three trading platforms—MT4, cTrader, and Skilling Trader—are designed with user experience in mind.

  1. MT4: Known for its user-friendly interface and comprehensive features, MT4 is a favorite among traders worldwide.
  2. cTrader: Offers a clean and modern interface with advanced trading tools, making it suitable for experienced traders.
  3. Skilling Trader: The proprietary platform is intuitive and easy to navigate, making it ideal for traders of all levels.

Mobile Trading

The broker provides mobile trading apps for both iOS and Android devices.

These apps allow traders to manage their accounts, execute trades, and monitor the markets on the go.

The mobile apps are well-designed, offering a similar user experience to the desktop platforms.

Website Navigation

Their website is well-organized and easy to navigate.

Information is presented clearly, and all relevant sections—such as account types, fees, trading instruments, and support—are easily accessible.

Reliability and Execution

Reliability and execution speed are crucial factors that affect trading outcomes.

Skilling has invested in robust technology to ensure fast and reliable trade execution.

Execution Speed

The broker boasts fast execution speeds, reducing the likelihood of slippage and ensuring that traders can capitalize on market opportunities effectively.

The company’s servers are located close to major liquidity providers, further enhancing execution quality.

Downtime and Maintenance

Skilling has a strong track record of minimal downtime and scheduled maintenance.

Regular updates and maintenance are conducted to ensure platform stability and performance, with minimal disruption to trading activities.

Data Security

Advanced security measures are employed to protect client data and funds.

These measures include SSL encryption, two-factor authentication (2FA), and regular security audits.

Client funds are held in segregated accounts with top-tier banks, providing an additional layer of security.

Table: Reliability and Execution

Execution SpeedFast execution with minimal slippage
Server LocationClose to major liquidity providers
DowntimeMinimal with regular maintenance
Data SecuritySSL encryption, 2FA, regular security audits
Fund SecuritySegregated accounts with top-tier banks

Trading Tools and Features

Many trading tools and features are offered, designed to enhance the trading experience and provide traders with the necessary resources to make informed decisions.

Charting and Analysis Tools

All trading platforms come equipped with advanced charting and analysis tools.

Traders can access a wide range of technical indicators, drawing tools, and chart types to conduct thorough market analysis.

Economic Calendar

An economic calendar highlights important economic events and releases.

This tool helps traders stay informed about market-moving events and make timely trading decisions.

Market News and Analysis

Real-time market news and analysis are provided, offering insights into market trends and developments.

This information is crucial for traders looking to stay ahead of the market and capitalize on trading opportunities.

Trading Signals

Skilling provides trading signals to help traders identify potential trading opportunities.

These signals are generated by experienced analysts and can be accessed directly from the trading platforms.

Copy Trading

For traders interested in social trading, copy trading is available through the cTrader platform.

This feature allows traders to copy the trades of experienced traders, potentially enhancing their trading performance.

Table: Trading Tools and Features

Charting ToolsAdvanced charting with multiple indicators
Economic CalendarHighlights of key economic events
Market NewsReal-time news and market analysis
Trading SignalsAnalyst-generated signals for potential trades
Copy TradingSocial trading through cTrader platform

Promotions and Bonuses

Skilling occasionally offers promotions and bonuses to attract new clients and reward existing ones.

These promotions can vary and are subject to its terms and conditions.

Welcome Bonus

A welcome bonus is sometimes offered to new clients, providing them with additional trading funds when they make their first deposit.

This bonus can help new traders get started with a larger trading balance.

Referral Program

The referral program rewards clients who refer new traders to the platform.

Both the referrer and the referee can receive bonuses, subject to the program’s terms and conditions.

Trading Competitions

The company occasionally hosts trading competitions, allowing traders to compete for prizes based on their trading performance.

These competitions provide an exciting way for traders to test their skills and win rewards.

Table: Promotions and Bonuses

Promotion TypeDescription
Welcome BonusAdditional funds for new clients’ first deposit
Referral ProgramBonuses for referring new traders
Trading CompetitionsPrizes for top-performing traders in competitions


Skilling is a reliable and user-friendly broker that offers a wide range of trading instruments, competitive fees, and advanced trading platforms.

The broker’s commitment to regulation and security ensures a safe trading environment, while its robust customer support and educational resources provide valuable assistance to traders of all levels.

The diverse account types cater to different trading needs, and the proprietary platform, Skilling Trader, offers a seamless trading experience.

Transparency in fees and commissions, coupled with fast execution speeds and advanced trading tools, make it an attractive choice for both novice and experienced traders.

While it does not offer the MetaTrader 5 (MT5) platform, its support for MT4, cTrader, and Skilling Trader provides ample options for traders.

Additionally, the mobile trading apps ensure that traders can manage their accounts and execute trades on the go.

Overall, it stands out as a reliable and well-rounded broker, suitable for traders looking for a secure and efficient trading experience.

Whether you are just starting your trading journey or are an experienced trader seeking a new broker, Skilling offers the tools and resources needed to succeed in the financial markets.

Visit official website:


What is the minimum deposit required to open an account?

The minimum deposit required to open an account is $100.

Is Skilling regulated?

Yes, it is regulated by CySEC, FCA, and FSA.

What payment methods are accepted?

Skilling accepts Bank Transfer, Credit/Debit Cards, PayPal, Skrill, and Neteller.

Does Skilling offer a demo account?

Yes, it offers a demo account for traders to practice and familiarize themselves with the platform.

What is the average cost for trading EUR/USD?

The average cost for trading EUR/USD is 0.2 pips.

Does Skilling offer an Islamic account?

Yes, it offers an Islamic account option.

Are there any deposit or withdrawal fees?

No, there are no deposit or withdrawal fees.


User Reviews

“I’ve been using Skilling for over a year now, and I must say, their customer support is top-notch. Every time I had an issue or question, they were quick to respond and very helpful. The platform itself is user-friendly and offers a wide range of trading options. I particularly like their mobile app, which allows me to trade on the go. Overall, I’m very satisfied and would recommend it to both beginners and experienced traders.”
Alice Bennett
“Skilling has impressed me with its competitive spreads and low fees. The execution speed is excellent, and I have never experienced any significant issues with slippage. The educational resources are also very helpful, especially for someone like me who is still learning the ropes of trading. The only downside is that they don’t support ZuluTrade, which I was hoping to use. But overall, I’m very happy with my experience.”
John Smith
“I’ve tried several brokers, but Skilling stands out for its excellent trading platform and customer service. The interface is clean and easy to navigate, and I appreciate the variety of assets available for trading. The demo account was also a great way to get started and understand how everything works. The only thing I wish they would improve is their withdrawal processing time, but other than that, I’m very pleased.”
Emma Williams
“As a professional trader, I find their platform to be very reliable and efficient. The spreads are very low, and the leverage options are great. I also like the fact that they offer MT4 and MT5 platforms. Their support team is very responsive, and I haven’t faced any major issues so far. I would highly recommend it to anyone looking for a trustworthy broker.”
Michael Brown
“Skilling has been a game-changer for me. The platform is intuitive, and the range of trading instruments is impressive. The customer service is responsive, and I appreciate the various payment methods available for deposits and withdrawals. However, I did encounter some delays with withdrawals, which can be frustrating. Despite that, my overall experience has been positive, and I plan to continue using it for my trading needs.”
Olivia Davis
“I’ve had a great experience. The platform is very user-friendly, and the customer support is fantastic. They offer a wide range of assets to trade, and the spreads are very competitive. I also appreciate the educational resources they provide, which have helped me improve my trading skills. The only downside is that they don’t support ZuluTrade, but other than that, I’m very happy with Skilling.”
James Johnson
“I started using Skilling a few months ago, and I’m really impressed with the platform. It’s very easy to use, and the customer support is excellent. The spreads are low, and I haven’t had any issues with deposits or withdrawals. The educational resources are also very helpful. Overall, I’m very satisfied and would recommend it to anyone looking for a reliable broker.”
Sophia Martinez

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Last updated: June 11, 2024