Skilling
Published: Updated:
- Trust score
- 5/10
- Legal simplicity
- 5/10
- Min. deposit
- 100
- Trading platforms
- Payment systems
- Instruments
- Forex, Indices, Commodities, Metals, Energies, Stocks, Cryptocurrencies
- Legal entity
- Skilling Ltd
- Jurisdiction
- Cyprus
- Fees
- Standard accounts price the cost into the spread with no commission; Premium accounts offer tighter spreads with a commission per lot for clients above a volume or equity threshold. Overnight swaps apply to leveraged positions.
- Withdrawals
- Withdrawals return to the funding method and are typically processed within one business day. Skilling does not generally charge a withdrawal fee.
- Available in
Features
- Low minimum deposit
- Copy trading
- Segregated client accounts
- Affiliate program
- Wide selection of trading instruments
Pros
- Affiliate program lets users earn by referring new traders
Cons
- No significant drawbacks documented for this broker
Skilling is a Scandinavian-founded fintech broker established in 2016, offering STP-model trading to beginner and professional clients. Originally registered in Malta, it is now headquartered in Cyprus with additional offices in Malta and Spain. The broker holds CySEC and FSA licenses that align its European operations with ESMA rules, plus a Seychelles license for clients outside the EU, and serves traders in the UK, Germany, Sweden, Norway, and other EU countries.
Skilling is an STP broker with a $100 minimum deposit, copy trading, and segregated client accounts. It offers a wide range of forex, CFD, and crypto instruments plus an affiliate program.
Skilling Overview
Skilling is a Scandinavian-founded fintech broker established in 2016, offering STP-model trading for beginner and professional clients. The company was originally registered in Malta before moving its headquarters to Cyprus, where it also keeps offices in Malta and Spain.
Regulation and Licensing
Skilling operates under licenses from CySEC and the FSA, aligning its European operations with ESMA standards. It also holds a Seychelles license, used to serve clients outside the EU. Together, these licenses cover traders in the UK, Germany, Sweden, Norway, and other EU countries.
Trading Instruments and Platforms
Skilling offers more than 800 tradable instruments, including forex, CFDs on stocks, indices, commodities and metals, and cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Trading is available through MetaTrader 4, cTrader, and Skilling's own proprietary platform, Skilling Trader.
Accounts and Leverage
Skilling offers a Standard account with zero commission and low spreads, and a Premium account with a fixed commission, faster execution, and spreads from 0.1 pips. Leverage for EU retail clients is capped at 1:30 under ESMA rules; verified professional clients can access up to 1:200, and international clients trading under Skilling's non-EU entity can reach up to 1:500.
Fees and Costs
Skilling does not charge a separate trading commission on most account types; costs are built into spreads that move with the market. The broker provides negative balance protection and supports micro lots, letting traders open smaller positions.
Additional Features
Skilling supports copy trading, letting users follow and replicate other traders' strategies. Other tools include advanced charting, technical indicators, performance analytics, risk-management settings, and educational resources for new traders.
Customer Support and Payment Methods
Support is available via live chat. Funding methods include credit and debit cards, e-wallets such as Neteller and Skrill, and bank wire transfer. Skilling allows one free withdrawal per month, with a minimum withdrawal amount of £50.
Trading conditions
Skilling built its own web and mobile platform around a deliberately simple interface, and offers cTrader and MetaTrader 4 alongside it for traders who want depth of market or an existing Expert Advisor. The proprietary platform is the differentiator: it strips the terminal down to what a discretionary trader actually uses, which suits newer traders and irritates those who want every setting exposed.
Account types are Standard and Premium, the latter opening tighter spreads with commission above a threshold.
The CySEC entity applies ESMA limits — 30:1 on major pairs, negative balance protection, margin close-out at 50% — and eligible clients fall under the Investor Compensation Fund up to €20,000. The Seychelles entity applies neither.
Verification
Verification requires photo ID and proof of address, plus an appropriateness assessment on the CySEC entity. Onboarding is quick by industry standards and documents are usually cleared within a business day.
Check which entity your account is opened under: the difference between CySEC and Seychelles here is the difference between having a compensation scheme and not having one.
