Company Summary
| 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 | |||
| 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 |
beth2244
Mexico
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.
Exposure
jssq
Hong Kong
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.
Exposure
李静
Hong Kong
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?
Exposure
Stockye
Vietnam
Great range of instruments, from currencies to commodities, covers all my needs.And platform's a breeze to use, smooth sailing all the way.
Positive
Sok Chan
Cambodia
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!).
Positive
Octavia Fotheringay
Ecuador
Skilling's got the game on lock with those tight spreads – starting from just 0.1 pips. They're not playing around, offering multiple platforms for whatever suits your vibe. Moving money in and out is a breeze, and their customer service is on it – hit them up through email, phone, address, or live chat. Overall, they're my go-to for online trading.
Neutral
FX1527880527
Belarus
Let's talk crypto – they got Bitcoin, Ethereum, Litecoin. Digital gold, they say. Like regular money, but with a futuristic twist. And for my stock enthusiasts, Skilling's got you covered with individual stocks and ETFs. Stocks are like owning a piece of a company, and ETFs are like a stock market shortcut, covering a bunch of them without the headache.
Neutral
生林
Cyprus
Great. I've trading with a bunch of brokers in the past but Skilling is my favourite now. I find them to be the easiest to use and they have the best platform. I highly recommend this broker.
Positive
小马哥
Vietnam
Skilling is one of the best prop trading firms having a question and answers section taken by professionals. That's great to satisfy any serious learners. Thanks a lot.
Positive
阿牧童
Hong Kong
I had a pleasant trading experience with Skilling. They offer excellent customer support, competitive spreads, advanced MT4 trading platform and cTrader and their customer service is great, quick, know what they are talking about, patient and helped to solve my issue. Owesome!
Neutral
文章
Hong Kong
Skilling's page looks so comfortable, each section is clear, and you can quickly find what you want to know without wasting a lot of time looking for information. Trading condition is quite well, both mt4 and ctrader are available, i have nothing to complain. Thanks for your work.
Positive
皮皮14577
Hong Kong
You could not withdraw on Skilling. It asked you to deposit due to many reasons. Fraud platform.
Exposure
李明洋
Hong Kong
The margin should be paid to get my withdrawal! No matter how much I wanna withdraw
Exposure