Skilling review

On-line since: 2016
Country of origin: Cyprus
Regulation: Cyprus Securities and Exchange Commission, Financial Conduct Authority
Payment options: Bank transfer, bank card, cryptocurrency, Skrill, Neteller, Klarna, Trustly, PayPal
Minimum account size: €100
Minimum lot size: -
Leverage: 1:30
Spreads: -

About the company:

Investment STP company Skilling was established in 2016 in Cyprus. It is regulated by the Cyprus Securities and Exchange Commission under the number SD042 and the Financial Conduct Authority under the registration number 357/18. Initially, the company was founded as an accessible, easy-to-trade and navigate trading platform, then it became additionally engaged in brokerage activities, giving both beginners and professionals the opportunity to participate in trading.

The company considers the Straight through processing (STP) technology to be the main difference, which allows orders to be executed much faster by placing them directly. The broker supports access to over 800 trading instruments and access to popular powerful trading software including MT4 and cTrader. In addition, Skilling has developed its own Skilling Trader software, so the technical solutions are at a good level where the conditions are transparent and allow traders to focus on performance.

Trading conditions

The company has several types of trading accounts: Standard Account (€100), Premium Account (€5000), MT4 (MetaTrader 4 only), MT4 Premium (MetaTrader 4 only). Beginners can use a demo account for free to learn online trading in real-life conditions. Pamm and Mam accounts are also available for trust management. To become a client of the broker, you need to register a trading account and make a minimum deposit of €100. The following trading assets are available to the company's clients: Commodities, Cryptocurrency, Forex, Stocks, Indices. The broker provides the possibility of margin trading with leverage up to 1:30. Among other things, there is a copy trading system that allows beginners to learn the online market through the transactions of more experienced traders. On the company's website there is a welcome bonus for the first deposit from $100. Unfortunately, the broker does not provide access to the educational library. Also, the company does not hold competitions among traders.

Trading platforms

The company offers several trading platforms for a trader to choose from: the well-known MetaTrader 4, its own custom platform Skilling Trader and also the well-known CTrader. Each of these platforms has a version for trading through a browser and a mobile application for both iOS and Android.

Technical support

As indicated on the site, technical support specialists are ready to help 24/5 by phone +357 2227 6710, email support@skilling.com or social networks.

Deposit/Withdrawal

Clients can withdraw profits or deposit their account in the following ways: Bank Transfer, Bank Card, Cryptocurrency, Skrill, Neteller, Klarna, Trustly, PayPal.

Trader reviews

We have found many positive reviews. Although we also found negative ones. Basically, traders write about the slow withdrawal of funds.

Broker Advantages

• The presence of two regulators
• Wide range of assets
• Welcome Bonus
• Technical support contacts

Broker Disadvantages

• Slow withdrawal
• No live chat on site

Conclusion

Each trader chooses a broker for cooperation independently. Despite the abundance of different opinions on the Internet, the trader will risk his own funds. Be careful when choosing a broker. This review is not a call to action or a recommendation.