Skilling Review – Online Platforms, Commission, Leverage, Account Types, Features & more

Skilling Forex Broker came into existence in 2016, founded by Jeffrey Skilling. Headquartered in Cyprus, the regulatory body is CySEC.

Dealing in a wide range of markets online, currencies and commodities, indices, stocks, and cryptocurrency are among the assets traded. Assets traded number 331.

Skilling takes trader education and research very seriously and offers a free Demo account with virtual currency to learn the trading practices.

About Skilling & Accepted Countries

Owned by Scandinavians, the fintech company wishes to bring trading within reach of everybody!

Whether for beginners or traders at whatever level, Skilling serves them all with several trading platforms.

Developing trading skills is the agenda at hand. Along with Cyprus, they also operate from Seychelles, Malta, and Spain.

A Forex and CFD specialist, the trading list includes over 800 financial instruments.

Though Skilling is truly international, a few countries are not part of the family. The countries that cannot join the company are the USA and Afghanistan, North Korea and Australia, along with Japan.

Open a Forex Trading Account Now! – Fill up the Form

Skilling Trading Platforms

Beginners and professional traders alike find the platforms very convenient and advanced in terms of software and facilities.

Trading a variety of assets was never so simplified.

Skilling offers several trading platforms that cater to the web and desktop along with mobile apps. Traders have some choices.

Among them is MetaTrader 4 that is universally known to be among the finest. Some traders may opt for the cTrader or the Skilling Trader platform.

Skilling MetaTrader 4 benefits 

Download it on the desktop or trade via the web browser. Customize your charts and settings. Find technical analysis indicators built-in.

Use EAs for algorithmic trading. Experience the amazingly fast order executions.

What is the cTrader like?

Use it in the web browser or download it to the desktop.

The dynamic features include multiple order types that cater to a variety of markets.

The automated editor facilitates algorithmic trading—superfast trading results from the advanced software. Get a complete charting package.

Traders does not require any download and can integrate with cTrader.

Skilling Mobile App

The forex broker realized that it is a world in love with portable smartphones that help to trade on the go.

Choose a suitable Skilling App according to the phone operating system. Be assured of immense trading success with all the fabulous features the company provides.

Catering to both the Android and iOS versions, opt for the right one, both being equally splendid.

Access the Skilling Trader App, MetaTrader 4, or cTrader apps on mobile phones that have become a worldwide blessing.

How to download the app? 

Visit the company website and use the app download links. Alternatively, go to the Google Play Store for Android or the Apple AppStore for the iOS app version.

Larger screens have more advantages

As experienced every day, the bigger the screen, the more are the features. Yet, large screens are not portable. Make a compromise with smartphones.

Compared to the web platform, mobile apps contain most of the features and functions.

Trade with ease directly from the mobile app, too, that allows access to many markets and knowing the real-time prices.

Check out Mobile Apps of more Forex Brokers

Skilling Commission or Brokerage or Fees

According to the nature of the asset and the account type, traders need to pay commissions, spreads, and swaps.

Skilling offers two trading accounts, Standard and Premium. The standard account does not charge a trading commission fee.

Spreads commence from 0.7 pips. Traders pay swap charges too.

Skilling Commission applies only to the Premium account. Premium account charges commissions for trades that commence at $35 per million.

Commissions apply only to FX pairs and Spot Metals. Spreads commence from 0.1 pips. Traders pay swaps.

Swap rates for positions held overnight differ according to the type of asset.

Commission rates: 

• EURUSD $35 per million
• GBPUSD $40 per million
• Other FX pairs $50 per million
• Gold $60 per million
• Silver $120 per million

Skilling Exposure or Leverage

Enjoy the numerous benefits of the Skilling trading platform that favors traders with low fees and transparent processes.

Operating from 2 jurisdictions for regulatory bodies, Cyprus and Seychelles, the leverage differs in each.

Under the CySEC regulations in Cyprus, the maximum leverage offered is 200:1. FSA regulations in Seychelles offer leverage of 500:1.

Skilling Commission-free trading with tight spreads and high leverage favors higher trading incomes.

Leverage enables traders to use company funds in addition to their own funds that may not always be much.

With greater fund amounts at their disposal for investment, the opportunities for trading profits are higher.

Payment Methods provided by Skilling

The company follows easy and quick procedures for deposits and withdrawals.

Procedures may differ according to the currency concerned and the location.

Traders are found across the world, and trading happens in several currencies. Countries observe differing rules and regulations concerning currencies.

Deposits and withdrawals do not charge fees or commissions. Deposits undergo immediate processing, and withdrawals require one working day.

Deposit options provided by the company include CREDIT Cards like Visa/Mastercard, Neteller, Skrill, and Wire Transfer.

Withdrawals can be made via credit cards like Visa/Mastercard, Trustly, Skrill, Neteller, Wire Transfer, Klarna, and Swish.

Regarding minimum deposits, it is 100 of the base currency, and the withdrawal minimum is 50.

Find out Payment Methods provided by other Forex Brokers

Investment in Asset Classes or Markets by Skilling

Play it safe early and work on the Demo account before plunging into risky live trading with real currency.

Beginners especially require the risk-free demo account to practice trading strategies and get used to the system.

Invest the virtual currency of 10,000 EUR/GBP/USD and develop skills and assurance.

Skilling offers a diverse variety of over 800 instruments, and they cater to extensive global markets.

Trade with CFDs and explore the amazing wonders of online trading. Invest in a researched manner on trendy shares and indices, commodities, and currency pairs.

Maybe you fancy social media giants like Facebook? Do Moderna and Alibaba strike your imagination? Go for the conventional favorites like Gold, EUR/USD, and S&P 500.

Skilling Virtual Trading or Demo Account

Particularly for those starting off on the spectacular trading journey, the free Demo account is an exciting beginning.

Like almost any subject, practice makes perfect, and so it is with trading. Researching and book reading needs to be followed up by real live trading. The problem is the risk of losing money and trading is very chaotic.

The demo account solves the money risk problem and gives you a taste of real live markets.

You get the virtual currency of 10,000 EUR/GBP/USD or 100,000 NOK/SEK, which can be invested but cannot be lost or withdrawn either.

Make a dynamic beginning and learn all the complexities of the trading adventure safely.

Skilling Offers or Deals

Skilling scores very high with an amazing affiliate program. How does the partnership work?

Traders refer clients to Skilling.

The procedure to join is very brief. Earn commissions according to the plan opted for.

Why not join hands with Skilling as a business partner and access the awesome features and trading tools. Choose an option that suits individual requirements.

What happens as an Introducing Broker, designed for entrepreneurs?

Incomes could be $10 per lot traded in FX minors and exotics. In FX majors, incomes could be $7 per lot traded.

Website and blog owners, along with social media influencers, could opt for the affiliate program. Incomes could touch 800 EUR for each qualified client.

Skilling Regulation or Licensing

Skilling is registered, licensed, and regulated, which brings certainty to their business. Traders feel that money is in safe hands due to regulations.

First set up in Cyprus, the company also works from Seychelles, Malta, and Spain.

The company is authorized and regulated by Cyprus Securities and Exchange Commission (CySEC).

The company is also authorized and regulated by the Financial Services Authority (FSA) of Seychelles.

In addition, Skilling is associated with Aston Villa Football Club as the Official Partner.

Find out Regulations & Licensing of more Forex Brokers

Skilling Features

Embark on an intuitive and user-friendly trading experience with Skilling.

A vigorous customer support system keeps traders up to date—Trade in over 800 instruments and over 700 equities.

Scalping and negative balance protections are some important features. Stop out level is 50%.

• A new research portal and bespoke market filters help reveal new trading opportunities.
• Carry out an analysis of trading patterns and your historical performance in selected markets.
• Use several chart types, indicators, and drawing tools to spot trading chances.
• Opt for the standard or premium account according to targets and preferences.
• Order executions work like lightning with an average of 0.05 seconds.

Skilling Account Types

Take a look at the types of accounts that the company is offering:

Skilling Review indicates that the company offers two types of trading accounts.

• Standard trading account
• Premium trading account

Standard trading account

An initial deposit of USD100 is required. Spread commences at 0.7 pips. Commissions are not charged on trading. The leverage offered is 1:200.

MicroLot (0.01) trading is available. Trade 73 currency pairs. Invest in 10 cryptos, 17 indices, and 5 commodities.

Premium trading account

The minimum initial deposit amounts to USD5000. Spreads begin at 0.1 pips. Commissions charged are $35/million. Leverage is similar to the standard account at 1:200.

MicroLot (0.01) trading is available. Trade 73 currency pairs. Invest in 10 cryptos, 17 indices, and 5 commodities.

Skilling Trading Account Features

Check below all the trading account features under various account types:

Skilling – Research & Advisory

Find below all the different reports and support provided by its Research & Advisory team:

Skilling Benefits

You can trade with ease on this broker’s platform. Downloading the software and setting up an account would take mere minutes.

Portable Mobile apps reach further. Access world markets instantly.

Working in English, German, Swedish, and Norwegian, investing in Crypto, Currencies, Commodities, CFDs, Indices, and Stocks.

Make a beginning with the free demo account with virtual currency.

Anticipate heightened trading skills with vigorous tools amidst the prime trading conditions.

Break free from trading commissions and hidden charges. Transparent dealings convince, and the charges are quite affordable. Money is safe with the double regulatory bodies in Cyprus and Seychelles.

Skilling Cons or Drawbacks

While many points can be cited in favor of Skilling, a few weaknesses do exist. Research material for traders is lacking but not completely so.

Skilling Academy does offer conventional educational resources. In comparison to some other brokers, the trader education materials do seem insufficient.

They do teach Fundamental Analysis and Technical Analysis for Basic, Intermediate, and Advanced levels. They also deliver Trading Basics lessons.

The free demo account with $10000 virtual currency does serve as a valuable introduction and training ground.

The trading system, tools, and strategies may be learned with sufficient demo account experience. It is a practical lesson to support all the theories learned about trading.

Skilling Trading Hours

Trading hours differ according to the assets traded. Forex and commodities, indices, shares, and cryptos may have different trading hours.

The company mentions trading hours in GMT in spite of the fact that numerous countries trade on their system.

Trading hours could change due to market conditions according to available liquidity.

Depending upon particular trading instruments that could be volatile, delayed opening or disabling trade for certain instruments may be needed.

Consider a Forex sample. All have trading hours between Sunday 22.05 and Friday 22.00.

USD/RUB trading hours between Monday 08.00 and Friday 22.00

EUR/RUB trading hours between Monday 08.00 and Friday 22.00

Skilling Customer Care or Contact Details

Contact them on Social Media:

https://www.facebook.com/SkillingTrading/

https://www.linkedin.com/company/Skilling

Skilling postal Address: 62 Athalassas Avenue, 2nd Floor, Strovolos, CY-2012, Nicosia

Email: support@Skilling.com

Contact Skilling by Phone on the following numbers:

UK: + 44 208 080 6555

Sweden: +46 40 6450 022

Norway: +47 2195 0300

Germany: +49 322 2999 0101,

Cyprus: +357 2227 6710.

Skilling Safety & Security

Considering all the aspects under Skilling Review, it is certain that trader funds are absolutely safe.

Since Skilling is regulated by two authorities, in Cyprus (CySEC) and Seychelles (FSA), there remains no doubt of the company’s legitimacy.

Skilling is a leading broker, operating globally in several currencies and catering to multiple markets with several trading platforms.

Skilling Rating & Reviews by Top10StockBroker

Based on different users and their experiences below are the company rating and reviews:

Skilling Forex Trading – Conclusion or Verdict

Skilling Review indicates that trading with this broker would be rewarding and lucrative with advanced facilities.

Trade via several accomplished platforms that connect with MetaTrader 4, among the leading trading platforms.

Commission-free trading in the standard account generates higher incomes. Spreads are tight. Begin with a safe and free demo learning account with virtual currency.

Skilling Forex Trader FAQs

Here is the list of FAQs related to the Skilling Forex Trader:

Is Skilling Safe for Trading?

Very safe. Traders naturally worry about the safety of their funds.

Skilling can be trusted because they have 2 regulatory bodies. The regulatory bodies are CySEC in Cyprus and FSA in Seychelles.

What is the Commission for Skilling?

Between the standard and premium accounts, commission charges apply only on FX pairs and Spot Metals in the premium account.

Charges commence from $30 for a million USD traded.

Other currencies charge similar amounts with the conversion. The standard account does not need to pay trading commissions.

How to Open a Trading Account with Skilling?

Click on the Sign-up button. Enter email, password, country, phone number, and base currency. (Also enter the licensing authority, CySEC – Cyprus or FSA – Seychelles).

Proceed to the web-based platform to complete the registration.

The application requires the address and financial information. Verification procedures require proof of identity and proof of address.

Can I invest in Cryptocurrency with Skilling?

Yes. Skilling offers diverse assets for trading and cryptos is one of them. The others are Forex and Shares, Indices and Commodities.

10 cryptocurrencies are available for trading. 73 currency pairs are also available for trading.

What leverage does Skilling provide?

Skilling has two regulatory bodies in Cyprus and Seychelles.

Leverage is different. The leverage offered is 200:1 in Cyprus through CySEC and 500:1 in Seychelles via FSA.

High leverage allows company funds to be used for investment, leading to higher trader profits.

Does Skilling have a trading app?

Yes. Along with MetaTrader 4 and WebTrader is the Skilling App.

Traders can download the trading platform or trade directly from the browser.

Mobile apps cater to both Android and iOS systems, downloaded from the respective play stores, Google or Apple.

How to contact Skilling customer care?

Address: 62 Athalassas Avenue, 2nd Floor, Strovolos, CY-2012, Nicosia

Email: support@Skilling.com

Phone:

UK: + 44 208 080 6555

Sweden: +46 40 6450 022

Norway: +47 2195 0300

Germany: +49 322 2999 0101

Cyprus: +357 2227 6710

Is Skilling Regulated?

Yes. Skilling has two regulatory bodies in Cyprus and Seychelles.

In Cyprus, it is the Cyprus Securities and Exchange Commission (CySEC). In Seychelles, it is the Financial Services Authority (FSA).

Is Skipping good for Beginners?

Yes. The trading system offers a free Demo account that serves as a training ground for beginners. There are no financial risks.

Virtual currency in live trading conditions simulates the real strategies and procedures.

Who founded Skilling?

Jeffrey Skilling. He established the company in 2016 in Cyprus. The company also works from Seychelles, Malta, and Spain.

Skilling has earned a good name for easy online trading with advanced tools.

Open a Forex Trading Account Now! – Fill up the Form

Learn everything about Forex Trading