Skilling review 2026

Is Skilling regulated?

Skilling is connected with 2 recorded regulatory licence or licences. The entity relevant to users in Cyprus is Skilling Limited, reported as regulated by Cyprus Securities and Exchange Commission under licence number 357/18.

The broker operates through multiple legal entities. The regulator and protections applying to an account depend on which entity accepts the client, not simply on the broker brand displayed.

Skilling holds a tier-one authorisation from CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.

How safe is Skilling?

Client money is held separately from the firm's own money, at Regulated credit institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Investor Compensation Fund up to €20,000 for eligible CySEC clients, which pays eligible clients up to its limit if the firm fails owing client money.

Verify licence with CySEC

Skilling trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

Skilling advertises spreads from 0.1 pips on Standard. The stated commission is $3.50 per side / $7 round turn, Premium. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

A quoted spread from 0.1 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Skilling lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type

Variable

EUR/USD average spread

Approx. 0.2 pips, Premium

GBP/USD average spread

Approx. 0.5 pips, Premium

Commission

$3.50 per side / $7 round turn, Premium

All-in cost, EUR/USD

Approx. 0.9 pips

Leverage and margin

Maximum leverage is reported as 1:30, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

Skilling describes its execution model as Market maker / principal. The available information indicates an average execution speed of Approx. 50ms, order types of Market, limit, stop, stop-loss, take-profit, trailing stop and servers in London and global financial data-centre infrastructure. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers

Yes, MT4 Expert Advisors and cTrader algorithmic trading

Copy trading

Yes, cTrader Copy

Negative balance protection

Yes

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

Skilling account types

Skilling offers 9 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

Skilling runs 9 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: EUR, USD, GBP, NOK, SEK. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

StandardPremiumMT4MT4 PremiumProfessionalCorporateIslamic/Swap-FreeUnleveragedDemo

Minimum deposit

$100

Spreads from

0.1 pips

Commission

$3.50 per side / $7 round turn, Premium

Maximum leverage

1:30

Platforms

MetaTrader 4, cTrader, TradingView, Proprietary platform

Base currencies

EUR, USD, GBP, NOK, SEK

Available markets

Forex, Commodities, Indices, Shares, Cryptocurrency CFDs

Minimum trade size

0.01 lots

Account opening time

Typically a few minutes

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as available. Alternative charges, holding limits or eligibility conditions may apply.

Skilling fees and trading costs

The total cost of trading can include spreads, commissions, overnight financing, currency conversion, deposit or withdrawal charges and inactivity fees.

Advertised spreads start from 0.1 pips, but typical pricing may be higher.

The reported trading commission is $3.50 per side / $7 round turn, Premium.

Overnight financing applies to eligible positions at rates that can change.

The broker reports none internally for deposits.

The broker reports none internally for withdrawals.

An inactivity fee of €10/month applies after 12 months inactivity.

A currency-conversion charge of Currency conversion at applicable exchange rate may apply.

Spreads from

0.1 pips

Commission

$3.50 per side / $7 round turn, Premium

Overnight financing

Both: overnight swaps apply; swap-free accounts available

Deposit fee

None internally

Withdrawal fee

None internally

Inactivity fee

€10/month after 12 months inactivity

Currency conversion

Currency conversion at applicable exchange rate

Fees can change and may differ by entity, platform, account or payment method. Confirm the full schedule before opening or funding an account.

Trading platforms and apps

Skilling supports MetaTrader 4, cTrader, TradingView and Proprietary platform. Availability can differ by account and legal entity.

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

MetaTrader 4cTraderTradingViewProprietary platform

Proprietary platform

Yes, Skilling Trader

Web platform

Yes

Mobile app

Both proprietary and third-party

Charting

100+ through TradingView; 30+ MT4; extensive cTrader indicators

Third-party tools

TradingView, cTrader, MetaTrader 4

Server locations

London and global financial data-centre infrastructure

Automated and copy trading

The broker reports support for expert advisers and automated strategies, copy trading and API access. Automated strategies can fail, amplify losses or behave differently under changing market conditions.

The platform range is broad. Its main advantage is support for MetaTrader 4; the principal limitation is the absence of MetaTrader 5.

Markets available through Skilling

The broker reports access to 900+ instruments across forex, commodities, indices, shares and cryptocurrency CFDs. Product availability depends on the account entity and platform.

Leverage is capped at 1:30 retail, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

The product range is strongest for forex, commodities and indices. Traders seeking metals may need another broker.

ForexCommoditiesIndicesSharesCryptocurrency CFDs

Markets, as published

Forex, Shares, Indices, Commodities, Cryptocurrencies

Total instruments

900+

Currency pairs

73

Cryptocurrency CFDs

Yes

CFDs do not provide ownership of the underlying asset. Product terms, leverage and trading hours vary by market.

Deposits and withdrawals

Available funding methods include Visa, Mastercard, bank transfer, Skrill, Neteller and regional payment methods. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at Typically processed within 1 business day; settlement varies by method, against Instant for most cards/e-wallets; bank transfers typically 1-3 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer, cards, skrill, neteller and supported original funding methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is €50 - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods

Visa, Mastercard, bank transfer, Skrill, Neteller and regional payment methods

Withdrawal methods

Bank transfer, cards, Skrill, Neteller and supported original funding methods

Deposit time

Instant for most cards/e-wallets; bank transfers typically 1-3 business days

Withdrawal time

Typically processed within 1 business day; settlement varies by method

Deposit fee

None internally

Withdrawal fee

None internally

Minimum withdrawal

€50

Local payment methods

Trustly and jurisdiction-specific local bank/electronic payment methods

View withdrawal complaints about Skilling

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Customer support

Skilling provides support through Live chat, email, phone, Help Centre during 24/5. Supported languages include Multilingual.

Support runs 24/5. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, phone, help centre. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: educational articles, trading guides, platform tutorials, webinars and trading education. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Support channels

Live chat, email, phone, Help Centre

Support hours

24/5

Languages

Multilingual

Telephone

+357 22 276710

Email

support@skilling.com

Live chat response

Typically under 2 minutes

Research and market analysis

Market analysis, trading insights, technical/fundamental commentary and market news

Education

Extensive: educational articles, trading guides, platform tutorials, webinars and trading education

Is Skilling a good broker?

Your decision should reflect your country, experience, preferred platform, trading costs and tolerance for financial and counterparty risk.

Skilling is best considered by

• Traders who want a tier-one licence behind the account
• Traders who want raw spreads with a commission
• Traders who want copy trading
• Traders who want automated strategies
• Traders who want MetaTrader

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