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Skilling Review
Overall Rating: ★★★☆☆ (3.7/5.0)
Skilling is a modern multi-asset forex and CFD broker founded in 2016, offering access to forex, indices, commodities, shares, and cryptocurrencies through a sleek, user-friendly interface. Regulated by CySEC, FSA Seychelles, and FCA (UK) for limited services, Skilling has positioned itself as a transparent, tech-forward broker targeting both beginners and experienced traders. With multiple platform choices including Skilling Trader, cTrader, and MetaTrader 4, it blends innovation with reliable execution and competitive pricing.
This review explores Skilling’s trading features, regulation, pricing, and whether it’s a suitable option in 2025.
Key Features
Skilling offers an impressive selection of platforms and trading tools, tailored to users who appreciate clean design and fast execution.
- Trading Platforms:
- Skilling Trader (proprietary, browser-based)
- MetaTrader 4 (MT4)
- cTrader
- Markets Offered:
- Forex, indices, commodities, shares, cryptocurrencies
- Over 1,200 instruments
- Account Types:
- Standard Account – zero commission
- Premium Account – raw spreads with commission
- Leverage:
- Up to 1:30 for EU clients
- Up to 1:500 for international traders (Seychelles entity)
- Minimum Deposit:
- €100 (Standard), €5,000 (Premium)
- Funding Methods:
- Credit/debit card, bank wire, Skrill, Neteller, Trustly, crypto
Regulation and Security
Skilling is regulated in multiple jurisdictions, which improves trust, although only the CySEC licence provides top-tier client protection.
- CySEC (Cyprus) – [Licence No. 357/18]
- FSA Seychelles – for global high-leverage offering
- FCA (UK) – limited registration, not full authorisation
- Client funds held in segregated accounts
- Negative balance protection for EU clients
- Investor compensation fund available under CySEC licence
Traders should check which entity they are onboarded under to know their regulatory protection level.
Pricing and Costs
Skilling offers a competitive pricing structure with a choice between spread-only or raw spreads + commission models.
- Spreads:
- From 0.7 pips (Standard), as low as 0.1 pips (Premium)
- Commissions:
- $35 per $1M traded on Premium accounts
- Deposit/Withdrawal Fees:
- No deposit fees
- Withdrawal fees may apply for some methods
- Inactivity Fee:
- Yes – €10/month after 12 months of inactivity
Educational Resources and Customer Support
Skilling caters well to beginners with structured education and offers responsive customer support.
- Education:
- Skilling Academy – trading courses, strategy tips, videos
- Glossary and platform tutorials
- Market Analysis:
- Daily updates, economic calendar, and sentiment tools
- Customer Support:
- 24/5 multilingual support via live chat, email, and phone
- Highly rated for response times and helpfulness
Risk Management Tools
Skilling provides basic and advanced risk tools depending on the platform used.
- Stop-loss, take-profit, and trailing stops
- Margin monitoring and close-out levels
- No guaranteed stop-loss orders (GSLOs)
- Negative balance protection for EU clients only
Pros and Cons
Pros
- CySEC-regulated with segregated funds and ICF coverage
- Wide platform choice: MT4, cTrader, and proprietary
- Over 1,200 instruments including crypto and stocks
- Fast and easy onboarding for EU and global clients
- Excellent user experience and customer support
Cons
- Limited protection under FSA Seychelles for global clients
- No guaranteed stop-loss orders
- High minimum deposit for Premium accounts
- Withdrawal fees may apply in some regions
Conclusion: Is Skilling the Right Choice?
Skilling is a strong option for traders looking for modern design, fast execution, and platform flexibility. Its CySEC regulation, competitive pricing, and user-friendly tools make it suitable for both beginners and experienced traders. However, clients outside the EU are onboarded under Seychelles regulation, which lacks the same level of protection. Traders prioritising security and regulation should ensure they register under the CySEC entity, while others seeking high leverage and global access may still find value in Skilling’s overall offering.