Skilling Review 2025

Our Rating
3.4

Why Trade With Skilling?

"Skilling is a great option for beginners wanting a competitive commission-free account with a copy trading feature. It's also suitable for seasoned strategy providers who want to earn commissions, or anyone interested in trading forex outside regular hours."

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USD Account

Detailed Ratings

Average Broker Skilling Trust Platform Assets Fees Accounts Research Education Mobile Support 3.4

Quick Facts

Demo Account
Yes
Minimum Deposit
$1001000 NOK1000 SEK
Instruments
Forex, CFDs, Stocks, Indices, Commodities and Cryptos
Platforms
Skilling Trader, MT4, cTrader, TradingView
Account Currencies
USD, EUR, GBP, SEK, NOK
Payment Methods
Apple Pay, Klarna, Mastercard, Neteller, PayPal, Skrill, Trustly, Visa, Wire Transfer

Pros

  • The broker provides easy account funding with a wide variety of payment methods, and there are no deposit fees.
  • Promotions offer up to $10,000 in bonuses
  • The Skilling Copy solution is directly available from the cTrader web terminal. It simplifies portfolio management for strategy providers.
  • The Standard account, with its $100 deposit and no commission charges, is ideal for beginner traders.
  • Third-party charting tools exist for committed traders, offering numerous technical indicators and advanced order types.

Cons

  • Access to stocks on the Skilling Trader platform is limited, and the MT4 accounts offer a reduced selection of instruments.
  • Skilling falls behind competitors such as IG in providing research tools that assist traders in making educated decisions.

Skilling is a Scandinavian-owned broker offering CFD, forex, stock, commodity, and crypto trading. They provide platforms like MT4, cTrader, and a custom browser-based app, accessible on iOS and Android.

This review covers Skilling’s trading apps, live spreads, account types, social trading, customer support, bonus deals, and more. Discover if opening an account on Skilling.com suits you.

Company Details

Skilling started in 2016 to make trading easy for everyone. It operates from Cyprus with offices in Spain and Malta. With a team of developers, specialists, and marketers, Skilling offers a user-friendly trading platform. Their advanced technology and nearly 1000 financial instruments ensure a great experience for traders. The company employs over 70 people. Skilling Ltd is regulated by the Cyprus Securities & Exchange Commission (CySEC).

Platforms

Skilling Trader

Skilling’s platform is ideal for beginners, featuring tools like moving averages and MACD for technical analysis. It offers various chart styles and complete order management, with access to trade history, balances, and withdrawals.

With Skilling, you can compare historical trading patterns with other portfolios to improve future predictions. Traders benefit from faster data access, many customization options, filters, and the ‘Explore Markets’ feature, making trade discovery quick.

Available on major browsers and through iOS and Android apps, Skilling’s platform is accessible from almost any device.

How to Download

  1. Log into your Skilling account
  2. Click the menu button in the top left
  3. Select ‘My Accounts’ and then ‘Account’
  4. Choose ‘Open an Account’ on the dashboard
  5. Enter the information requested
  6. Select a download option (Web, Android, or iOS)

MetaTrader 4

Download MT4 from Skilling’s site, use the webtrader, or the mobile app. MT4 offers 200+ instruments, fast execution, EAs for automation, and ample charting tools with over 2000 indicators.

Being the most popular platform, MT4 suits many traders. If you’re already familiar with MT4, it’s a straightforward choice.

How to Place a Trade

  1. Click the ‘New Order’ icon (or press F9)
  2. Choose the order type
  3. Enter the volume in lots
  4. Add comments (optional)
  5. Set stop loss or take profit (optional)
  6. Click ‘Buy’ or ‘Sell’ to confirm

cTrader

cTrader caters to both beginners and pros, with rapid execution, advanced charting, and three market depth levels. It’s accessible via web, mobile, or download, offering a more detailed market depth than MT4.

Skilling Copy

Skilling Copy provides social trading, offering over 800 strategies. New traders can mirror successful strategies, paying a fee to the provider. Integrated with cTrader, it features detailed performance stats for researching strategy providers.

Note: Past performance doesn’t guarantee future results. Skilling Copy is unavailable in Belgium, Italy, and France.

How to Copy Traders on Skilling

  1. Register a live Skilling account and deposit funds
  2. Activate your Skilling cTrader account
  3. Log into the Skilling Copy platform
  4. Browse strategy providers
  5. Select traders to copy and allocate funds

Note: TradingView integration is available with a live Skilling.com account.

Assets & Markets

Rating: 3.5

Skilling excels with a vast range of global assets. You can trade commodities like gold, silver, and oil, covering 21 options. For digital enthusiasts, there are 63 cryptocurrency CFDs, featuring Bitcoin and Ethereum, though not in China. The platform offers over 70 currency pairs, such as USD/CAD and EUR/JPY, with 53 on MetaTrader. Stocks allow speculation on major companies like Apple, Tesla, and Amazon. Skilling also covers 23 indices, including S&P 500 and Nasdaq. Unique to Skilling, weekend forex trading is available for seven pairs, such as AUD/USD and GBP/USD, a rare feature among brokers.

However, Skilling lacks some products. Bonds and direct share dealing are unavailable.

Assets & Markets Details

  • Instruments: Forex, CFDs, Stocks, Indices, Commodities and Cryptos
  • Leverage: 1:30 (Retail)1:1000
  • Margin Trading: Yes
  • Stock Exchanges: Australian Securities Exchange (ASX), Borsa Italiana, CAC 40 Index France, DAX GER 40 Index, Dow Jones, Euronext, FTSE UK Index, Hang Seng, IBEX 35, Japan Exchange Group, London Stock Exchange, Nasdaq, Nasdaq Nordic & Baltics, National Stock Exchange Of India, New York Stock Exchange, S&P 500, SIX Swiss Exchange
  • Commodities: Aluminium, Cocoa, Coffee, Copper, Corn, Cotton, Gasoline, Gold, Natural Gas, Nickel, Oil, Palladium, Platinum, Silver, Soybeans, Sugar, Wheat, Zinc
  • Crypto Coins: ACM, APE, AVE, ATM, AVA, AXS, BTC, BAR, BNB, BTC, BSV, XBN, ADA, CHZ, ATOM, CRO, DASH, MANA, DOGE, EOS, ETH, ENJ, XET, ETC, FTM, ONE, HT, IOTA, JUVE, LTC, LNK, XLC, XMR, NEO, OMG, PSG, CAKE, DOT, MATIC, QTUM, XRP, ASR, SAND, SHIB, SOL, XLM, SNX, XTZ, THT, TRX, UNI, VET, WAVE, ZRP, ZEC, YFI

Spreads & Commission

Skilling offers competitive spreads starting at 0.7 pips on Standard accounts. Premium accounts, with a $5000+ deposit, enjoy spreads from 0.1 pips. The Standard account is commission-free, but the Premium option charges $35 per million for forex and metals. Crypto trades incur a 0.1% commission. Full fee details, including swap rates charged at 22:00 GMT, are on Skilling’s website. Note that Skilling may charge a 2.5% fee on withdrawals without prior trading activity.

Skilling Leverage

Professional traders can enjoy leverage up to 1:200, offering more market exposure. For retail traders, ESMA caps leverage at 1:30 for forex majors. Forex minors and metals have leverage set at 1:20, while major indices follow suit. Minor indices and commodities are available at 1:10, and shares top out at 1:5. Remember, higher leverage boosts your market exposure but also raises risk, so managing risk is essential.

Mobile Apps

Skilling excels in versatile platforms, offering Skilling Trader, MetaTrader 4, and cTrader on iOS and Android. Download through the website, Apple App Store, or Google Play. The mobile apps mirror desktop features, enabling mobile-friendly graphs, one-click trading, and price history analysis. Users can easily manage deposits, withdrawals, and access customer support. Mobile apps are free for live account holders.

Deposits & Withdrawals

Skilling’s Standard accounts need a minimum deposit of 100 EUR, GBP, USD, or 1000 NOK, SEK. Premium accounts require 5,000 EUR, GBP, USD, or 50,000 NOK, SEK.

They support payments via bank transfers, Visa, Mastercard, and e-payments like Skrill, Klarna, and Neteller. However, they don’t accept cryptocurrency payments.

Deposits and withdrawals are usually free, though a fee up to 2.9% might apply to Neteller and Skrill. Additional fees may arise from third-party charges.

Deposits are mostly instant, while withdrawals take a day, except for bank transfers, which can take 2-7 business days.

Demo Account

Skilling offers a demo account with a virtual balance of $10,000. This risk-free account lets you test strategies and learn about trading safely. It’s available for 90 days after registration. Sign up on the website and easily upgrade to a Standard account by verifying your account.

Deals & Promotions

Skilling focuses on transparency in payments, functionality, and design instead of bonuses in the EU/EEA. However, outside these regions, Skilling offers attractive promotions. Traders can enjoy up to $10,000 in bonuses through various offers.

  • Welcome Bonus: Sign up and deposit to receive $30. Use these funds with no withdrawal restrictions on generated profits.
  • Cashback Programme: Active traders earn cash on every closed trade. Up to $15 per million of notional value, with $10,000 available monthly.
  • Zero Zero Specials: Enjoy zero spreads and commissions every Friday on selected instruments, reducing trading costs.
  • Lucky Money: Deposit $1000, trade 10 lots, and email ‘Lucky Money’ for a $888 bonus to enhance your trading capacity.
  • Refer a Friend: Invite friends to trade. Earn up to $1000; receive $20 when they complete five trades.

Skilling is excellent for traders seeking valuable deals to enhance their trading experience and grow account balances.

Regulation & Licensing

Skilling is a legitimate trading broker, regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 357/18. They provide negative balance protection, though this may not apply to Elective Professional Clients. Client funds are securely kept in segregated accounts.

Additional Features

Skilling excels in offering valuable tools for traders:

  • The Skilling Trade Assistant helps newbies ask the right questions when starting to trade.
  • The Help Centre answers questions about payment methods and account usage.
  • Explore Markets allows easy access to key markets using filters like risers, fallers, and volatility.
  • News provides an intuitive dashboard, Skilling Academy insights, and relevant news for market understanding.
  • Notifications & Alerts offer weekly reports, trade of the day, and event alerts via Autochartist.
  • The Watchlist offers a clear view of financial instruments, customizable by investors to monitor specific assets.

Traders can access Skilling’s guides after logging in, but many blog articles are open to all.

Skilling Accounts

Skilling offers three live account types:

  • Standard Account – ideal for new traders. Requires a 100 EUR/USD/GBP or 1000 NOK, SEK deposit. Standard spread starts at 0.7 pips.
  • Premium Account – catered to experienced traders. A deposit of 5,000 EUR/USD/GBP or 50,000 NOK, SEK is needed. Spreads start from 0.1 pips.
  • MT4 & MT4 Premium – available on the MT4 platform. They mirror Standard and Premium account conditions but with fewer stocks, shares, and commodities.

Other account types include Corporate, Swap-Free/Islamic, and MAM/PAMM.

Opening a Skilling Account

Sign up on Skilling.com with these steps:

  1. Register with a quick form.
  2. Verify your ID—upload documents or use BankID.
  3. Deposit funds with supported payment options.
  4. Download your platform or use a web browser.
  5. Select an asset from the menu.
  6. Set trade parameters like execution type and position size.

Trading Hours

Skilling’s trading platforms are accessible 24/7. Remember, some markets open at specific times, detailed on their website.

Customer Support

Rating: 4.5

Skilling offers various ways to get in touch; their support team is available through web chat, WhatsApp, Telegram, Line, and the help desk portal on weekdays. You can also reach them by emailing support@skilling.com or calling the UK toll-free number at +44 208 080 6555. The HQ office in Cyprus is available at +357 2227 6710. Live chat is accessible via the ‘Contact Us’ page. Skilling is active on Twitter, Facebook, and Instagram.

Safety & Security

Skilling keeps investors’ funds separate from company capital, following regulatory client account segregation. It also holds Investor Compensation Fund membership.

The online trading platforms use Secure Socket Layer (SSL) encryption. This ensures customer and broker data is protected during internet transmission, enhancing safety from cybercrime and fraud.

Skilling Verdict

Skilling is an all-round broker offering access to hundreds of global assets with spreads from 0.1 pips. It’s tightly regulated by CySEC and FSA, which enhances its reliability. The user-friendly web platform and copy trading solutions are ideal for beginners. It also provides educational materials to help new investors start trading.

Alternatives To Skilling

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.