Skilling was founded in 2016 as a forex and CFD broker. It is one of the global brokers that aim to make trading simple by providing a secure trading environment. This means that Skilling adheres to the strict regulations of financial authorities, including Seychelles’ Financial Services Authority (FSA) and Cyprus Securities and Exchange Commission (CySEC). The broker is based in Seychelles, Spain, Malta, and Cyprus — while extending its services globally.
- User-friendly platform.
- Zero commission with spreads starting from 0.1 pips.
- $100 minimum deposit requirement.
- +800 instruments for forex and CFD trading
- No ETF trading.
- Five days a week after-sale service.
- Limited learning resources.
Skilling – Who Are They?
Skilling is a forex broker with CFD offerings on shares, indices, commodities, and cryptocurrencies. With more than 800 instruments, you will never lack trading options at Skilling. Moreover, the broker is safe for investment since your trading funds will be stored in a segregated account.
Skilling Trader account is easy to use and has customisable features. Newbies and expert traders will be able to quickly advance their skills using the learning resources provided. Research has also been simplified with excellent technical and fundamental tools. Orders are executed fast, allowing you to try and benefit from volatile markets.
This broker also supports the cTrader and the MT4 platforms, designed to meet the needs of the most demanding traders. For instance, you will access advanced risk management tools and order functionality. In addition, there are plenty of research indicators and algorithmic trading.
Skilling considers all traders’ needs. That is why it also offers the Skilling Copy platform for newbies who are yet to thoroughly familiarise themselves with the financial markets. On this platform, you can follow other global traders and mirror positions with a better chance of generating profits.
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Our Opinion About Skilling
Skilling is a safe broker, considering that tier-one authorities are overseeing its activities. It executes trades fast both on the web and mobile platforms. Its mobile application can easily be downloaded on Google Play or App Store to have you trading on the go.
It takes a few minutes to create a live trading account at Skilling, but we highly recommend that you start with its demo account. There are no risks or limitations with the demo account, and it’s also the best platform to confirm whether Skilling is suitable for your trading requirements.
Skilling is transparent with its trading and non-trading charges. For example, forex and CFD trading charges are low. Making deposits and withdrawals is also free of charge via bank transfers, e-wallets, and debit/credit cards. However, Skilling has a $10 monthly inactivity fee, which you will start paying after your account has been inactive for at least one year.
The customer service at Skilling is dedicated and very responsive when contacted. Although you can only reach them on weekdays, their services run round the clock. So, do not worry whenever you encounter trading issues. Simply reach out to Skilling customer service via email, phone, or live chat.