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Skilling Guide – Read our In-Depth Skilling Review

This Skilling review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Skilling review does not apply to US users.

This Skilling review contains the most recent information about Skilling.

If you're a new entrant in the world of trading and brokerage, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You will get adept at all the concepts of brokerage as you keep trading. For starters, you need to choose the right broker who'll be clear with you always.

In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan will create hefty returns. Skilling is just one such platform which will take you along with your investment to great heights. It is crucial that you know all about Skilling until you trust them with your cash.

Skilling review

Our entire Skilling Review covers all you will need to learn about trading with Skilling. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire method to ensure profits; thus, you must carefully assess your agent before you choose them. It's a common misconception that all brokers are the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.

Skilling is a broker which has forged its way successfully to the brokerage world. In this review, we have tried to collate some of the important aspects of Skilling. This review will help you to understand whether Skilling is a fantastic fit for your investments or not. We have attempted to breakdown all the features and charges for your convenience.

Skilling Review, Table Of Contents

Who are Skilling?

Skilling is a forex broker headquartered in Cyprus and provides a variety of tools for online trading. Since its inception in 2016, Skilling has emerged as a top-tier player in the field of online broker. Skilling includes a highly aggressive and full-featured trading website that's focused on forex, indices, metals, stocks , commodities.

Over the past 5 years, Skilling has grown into one of the leading online brokers.

After establishing in 2016, their client base has become as large as 5,000+ clients.

Skilling is a favorite for many dealers because of its negative balance protection. Our Skilling review found that they're an superb choice for automated trading solutions. It is most appropriate for investors that are searching for an assortment of assets. Social and automated trading solutions are the core at Skilling.

Technology plays a significant role at Skilling. Skilling offers trading on MT4, Web Trader, Tablet & Mobile apps. Skilling is honest, transparent, and a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042. Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house analysis.

The trader resource department at Skilling is very insightful for new traders as it permits them to get a closer look at the financial markets. Skilling caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.

Benefits of doing online trading with Skilling?

Trading with Skilling comes with many advantages. These advantages are what sets Skilling ahead of the rest of the online agents. You need to check all the advantages listed so that you have a better understanding of Skilling.

The broker goes to great lengths to comprehend what traders want. As a result, the support price is low, quick, and convenient. The agent also provides a variety of platforms for all kinds of traders. Skilling ensures that the individual needs of all traders are duly met.

Skilling also includes excellent trading conditions that are available to just an elite group of institutional clients. The tight spreads and quick executions are a fantastic benefit for the traders. The technology embraced by Skilling is among the highest caliber, making sure that it's fast, dependable, and efficient.

Skilling acknowledges the significance of owning a fast order execution. A quick execution will allow users to exchange without worrying about slippage safely. It will also help the dealers to catch the maximum profitable opportunities.

Automated trading is another important facet of Skilling. A new trader can learn from business experts utilizing the automatic trading option. The tight spread begins from as low as 0.0 pips, even though they are offered for just razor balances.

Skilling has over 100 trading instruments to support all kinds of traders. These tools are lively and convenient for both new and experienced traders. The traders can put aside all their worries when trading using Skilling.

Skilling overview

Year Founded: 2016

Regulated By: Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042

Hedquarters: Cyprus

Minimum Deposit: $100

Number Of Clients: 5,000+

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor

If you feel that Skilling is not right for you then at the bottom of this Skilling review you wil find a lot of alternatives to Skilling.

Everything you should know about trading with Skilling

Skilling is a lively platform that provides various procedures of online trading. These instruments cover the financial markets substantially. Most of the brokerage platforms provide fewer procedures than Skilling

If you wish to trade with Skilling, you'll need a minimum deposit of $100. This deposit is compulsory if you want to start trading with Skilling. This 2021 Skilling review will guide you clearly about trading with them.

Skilling is as versatile as another broker platform. Skilling is ideal for traders who want a manageable selection of low-cost services. The platforms offered by Skilling are third-party, white-label offerings. All traders may select from MT4, Web Trader, Tablet & Mobile apps.

Along with everything, Skilling has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a transaction must be kept open. The agents provide premium client service which rewards customers with advantages.

Many unethical brokers try to pressurise users into larger funding for premium services. Skilling, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more advantages will become available.

Skilling accounts are available globally and provides quality service everywhere they have customers. There are only a select few countries where Skilling accounts are not available. Traders in the following countries cannot open or use a Skilling account:

Is Skilling Safe To Trade With?

Established in 2006, Skilling has been operating for 5 years, they are headquarted in Cyprus.

Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042. These figures have rules that mandate that trading platforms have steps in place to maintain investor's resources procured. This means that Skilling users do not need to worry about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information as well.

You are able to make use of a choice for Two Factor Authentications (2FA) with Skilling for increased safety. An SMS for the confirmation code will be sent to your mobile phone. You will be required to input this code to log into your account.

Another concern with fiscal brokers with respect to safety may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is more widespread in the example of Market Maker agents who compete with customers on the platform.

Pro's & Con's Of Trading With Skilling

Every online trading platform has some pros and cons Skilling review would be complete without showing both sides. This Skilling review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Skilling Pro's

  • Skilling is trusted by 5,000+ clients
  • Skilling offers Negative Balance Protection
  • Skilling doesn't charge inactivity fees
  • Skilling doesn't charge deposit fees
  • Skilling offer trading on MT4, Web Trader, Tablet & Mobile apps
  • Skilling offer 100 trading instruments
  • Skilling trades major forex pairs
  • Skilling trades minor forex pairs
  • Skilling trades exotic forex pairs
  • Skilling offers trading on cryptocurrencies
  • Skilling can communicate in

Skilling Con's

  • Skilling does not offer Guaranteed Stop Loss
  • Skilling charge withdrawal fees
  • Skilling charge CFD fees

Skilling Review - Compare Brokers Similar To Skilling

Skilling Robinhood Interactive Investor HYCM
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $100 $0 $1 $100
Year Founded 2016 2013 1995 1977
Headquarters Cyprus USA UK UK
Regulated By Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
Clients 5,000+ 10,000,000+ 10,000+ 10,000+
Find Out More
Risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor Your capital is at risk Losses can exceed deposits Losses can exceed deposits

Skilling Review - Regulation And Licencing In More Detail

Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042.

Skilling, as a company, has a strong set of rules for ensuring fair trading onto its platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Skilling Review - Awards

    At the time of writing this Skilling review, they had not received any awards.

Skilling Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on Skilling is $100. This is a decent amount for those just starting out. You can make more complex residue as you go along. But, ensure you understand how to make the most of your cash before investing larger sums.

Skilling Review - Commission And Fees Explained

Skilling is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of fees for this purpose.

The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you're paying a spread, financing rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight prices are those who are billed when you hold a leveraged position for more than a day.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.

Generally, Skilling doesn't charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who often exchange, for example daily or weekly trading.

But, non-trading fees billed by Skilling are relatively higher. Consequently, you are charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of assets.

This Skilling review breaks down every one of the relevant non-trading fees for you in detail.

Compare broker fees against Skilling

Skilling Robinhood Interactive Investor HYCM
Minimum Deposit $100 $0 $1 $100
Withdrawal Fees variable No No variable
Inactivity Fees No No We do not charge an inactivity fee as such, but our standard quarterly fee will be collected regardless of activity on the account. Yes
Deposit Fees No No No No
CFD Fees Yes No No

Skilling Review - Withdrawal Fees Explained

Skilling charges a withdrawal fee if you make a bank transfer. Every time you transfer money back into your bank accounts, these withdrawal fees become applicable.

Withdrawal of cash is possible at any time from your Skilling account. It's possible to draw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't necessarily have to have any money in your account.

Moreover, the withdrawn money will be transferred directly to the accounts you use to make deposits. Thus, in the event that you used a credit card for deposits, the withdrawn cash will be sent to the card. Skilling will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In case you are withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you are opting to draw in.

Skilling Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your mind when open an account with Skilling. An inactivity fee is an amount charged to registered dealers who have not participated in purchasing or selling for some time. The period regarded as inactive is determined by the broker.

The inactivity fee differs from 1 agent to another and is not standardized. If a dealers account does not have a buying or selling transaction, it is maintained by the agent as an inactivity fee. The traders need to pay this commission under terms and conditions that they had consented while registering.

Skilling doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no charges have been implied by Skilling, it's better that you close the account if you are inactive. Inactivity fees aren't just charged by brokerage companies but also many financial services.

For other trading platforms, the inactivity fee depends upon the type of account you have chosen. The inactivity fee is subjected to many circumstances and should be disclosed clearly by the agent beforehand.

Skilling Review - Deposit Fees Explained

When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers don't charge an excessive amount of money for this operation.

Skilling doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the Skilling trading platform is easy. You just have to complete a single-user profile survey to start depositing money into your trading account. You'll have to give an identity evidence and proof of residency to deposit substantial amounts.

Skilling Review - Compare Broker Deposit Methods

Skilling Robinhood Interactive Investor HYCM
Minimum Deposit $100 $0 $1 $100
Credit Card No Yes
PayPal No Yes
Neteller No Yes
Skrill No Yes
Payoneer No Yes

What Can You trade With Skilling?

Note: Skilling offers a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered may differ depending on the country of residence of the client.

Skilling has a wide variety of over 100 instruments available for you to trade with.

If trading forex pairs is of interest to you then Skilling offer over 50 forex pairs.

Compare Skilling, Robinhood, Interactive Investor & HYCM below.

Skilling Robinhood Interactive Investor HYCM
Platforms MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, ProTrader, Tablet & Mobile apps MT4, Tablet & Mobile apps
Instruments Available 100 5000 100 100
Forex & Crypto
Forex Pairs Available 50 0 15 40
Offers Major Forex Pairs? Yes No Yes
Offers Minor Forex Pairs? Yes No Yes
Offers Exotic Forex Pairs? Yes No Yes
Offers Cryptocurrencies? Yes Yes Yes
Commodity CFD's
Commodities Offered 0 14 0 10
Trade Metals? No No Yes
Trade Energies? No No Yes
Trade Agricultural? No No Yes
Indiced & Stock CFDs
Stocks Offered 0 14 0 10
Trade UK Shares? No Yes No
Trade US Shares? No Yes Yes
Trade German Shares? No Yes No
Trade Japanese Shares? No Yes No

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor

Your capital is at risk

Losses can exceed deposits

Losses can exceed deposits

Alternatives To Skilling

If, after reading this Skilling review, Skilling does not meet your needs check out these Skilling alternatives.

We've scoured the internet to find the best alternatives to Skilling. Click the links below to learn more.

Frequently Asked Questions about Skilling

Can I try Skilling before I buy?

Yes, you can most certainly try Skilling before you buy. Skilling offers demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.

If you register to get a demonstration account on Skilling, you may set out using a decent amount of virtual money. It is to establish a sense of safety and confidence in you before you choose to invest your own money.

With this virtual Skillingdemo account, you are able to experiment in any way, to whatever length you desire. You might even open positions, test different trading strategies, and more.

Skilling specifies on its official website that you are able to trade real time stocks with your demo account.

Is Skilling safe?

It is possible to drop all of your worries because we believe that Skilling is totally safe to use. It is in compliance with the principles of Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042.

Nevertheless, Skilling does not provide assured stop-loss protection.

Why does Skilling ask for my passport?

The reason that Skilling asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Skilling has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Skilling must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Skilling?

The process to start trading withSkilling is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Skilling website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Skilling is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Skilling.

The best way to kickstart your trading career with Skilling is to open a demo account facility before risking any real money

What funding methods do Skilling accept?

There are a number of ways to finance your accounts with Skilling. The process is effortless and quick, with different payment methods in your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to keep in mind that PayPal is not available in all place. The monies Skilling

Is my money safe with Skilling?

Yes, your cash is safe and secure with Skilling. As you know, Skilling operates with good conformation to. It has established plenty of steps to protect all of its investors.

Skilling protects its clients' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further safeguard your accounts, it is possible to enable Two-Step Verification also. It requires an SMS affirmation that you get your accounts.

Is Skilling trading good?

Yes, trading through Skilling is a nice and decent experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. In addition, you could even obtain access to a vast collection of educational tools and assistive material to kickstart your trading expertise.

If you are still skeptical, it is possible to start a eToro demo account and assess the credibility of the platform for yourself.

Which Countries does Skilling support?

Skilling operates around the globe. However, due to regulations there are some countries that Skilling does not accept clients from

Is Skilling legit?

Skilling is a legit company headquarted in Cyprus since 2016. They are regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042. Skilling is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Skilling a good broker?

Skilling is an excellent broker, and its own users can vouch for it. The highlight of this platform is its fast order execution on trades.

You'll discover the clean design of the platform along with the admirable features a pleasure to work with.

Is Skilling a trustworthy broker?

Yes, Skilling is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 5,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Skilling?

The minimum deposit to open a live account with Skilling is $100

How long do Skilling withdrawals take?

Normally, withdrawal of money from Skilling is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Skilling to show in your bank account.

Are Skilling regulated?

Skilling are regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042

Is Skilling a market leading broker?

Skilling is currently among the business leaders. It has over 5,000+ registered users and over 5 years of experience on its record. They're one of the world's leading trading platforms and also a dominant figure in the Fintech revolution.

It simplifies this standing to its unbelievable platform and wide range of tools plus resources so that you may invest in capital markets.

Is Skilling a con?

No, Skilling is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 and must adhere to their rules. Thus, it is safe to say that Skilling is not a scam.

Can you make money with Skilling?

Using Skilling, many traders make a great deal of cash. However, typically, through continual trading, you can create between 2% - 10% profit a month.

This can look like a little number, but within the entire year, this adds to a significant number of gains. While Skilling supply you all of the tools to earn money, they cannot guarantee you will profit.

Does Skilling have fees?

Yes. To start trading with Skilling, you have to deposit $100. Particular commissions while trading also applies. Any processing fees from your bank might have to be incurred by you.

When was Skilling founded?

Skilling was founded in 2016 in Cyprus. Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042.

How many people use Skilling?

Skilling is a globally recognised agent with 5,000+ clients.

Where is the Skilling head office?

Skilling has its head office in Cyprus

Does Skilling offer negative balance protection?

Yes, Skilling has Negative Balance Protection. It's specially offered when the industry volatility keeps clients from letting their accounts go into the red. In a situation like this, Skilling offers the ability to reset a clients account balance to zero.

You should go through the important terms and conditions on Skilling's site to comprehend their policies.

Does Skilling offer guaranteed stop loss?

Skilling regrettably, doesn't offer guaranteed stop loss. Skilling gives an opportunity for its dealers to close their trades in their specified price. Apart from this, Skilling doesn't provide guaranteed stop loss.

Does Skilling allow scalping?

Yes, Skilling do allow scalping. Several traders across the world choose Skilling for their services that are trading. They offer trading on MT4, Web Trader, Tablet & Mobile apps which let this.

Does Skilling allow hedging?

Yes, Skilling does allow hedging.

Can you trade energies with Skilling?

No, unfortunately you cannot trade energy stock with Skilling

Can you trade agricultural shares with Skilling?

No, unfortunately you cannot trade agricultural stock with Skilling

Can you trade cryptocurrency with Skilling?

Yes, you can trade cryptocurrency with Skilling

Can you trade metals with Skilling?

No, unfortunately you cannot trade metals with Skilling

Can you trade UK Shares with Skilling?

No, unfortunately you cannot trade UK shares with Skilling

Can you trade US Shares with Skilling?

No, unfortunately you cannot trade US shares with Skilling

Can you trade Japanese Shares with Skilling?

No, unfortunately you cannot trade Japanese shares with Skilling

Can you trade German Shares with Skilling?

No, unfortunately you cannot trade German shares with Skilling

Does Skilling accept bank transfers?

No, Skilling does not accept bank transfers.

Does Skilling accept credit cards?

No, Skilling does not accept credit cards.

Does Skilling accept PayPal?

No, Skilling does not accept PayPal.

Does Skilling accept Skrill?

No, Skilling does not accept Skrill.

Does Skilling accept Payoneer?

No, Skilling does not accept Payoneer.

Does Skilling accept Neteller?

No, Skilling does not accept Neteller.

Does Skilling offer Live Chat customer support?

No, Skilling does not offer customer support through live chat.

Does Skilling offer phone customer support?

No, Skilling does not offer customer support over the telephone.

Does Skilling offer email customer support?

No, Skilling does not offer customer support through email.

What languages can Skilling communicate in?

Skilling has the ability to communicate and support customers who speak:

Does Skilling have a wikipedia page?

No, Skilling does not have an official wikipedia page.

Does Skilling offer demo accounts?

Yes, Skilling offers demo accounts so you can learn their systems before risking any real money.