Forex Broker Skilling Trading Review

Performance Matrix

Main Score & Risk Matrix

#764

Score

6.2

Average

Skilling is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 6.4

Business 5.7

Risk Control 6.0

Software 6.7

Regulatory 6.2

Terminal Snapshot

Skilling Trading Conditions

Registered Region Cyprus

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@skilling.com

Contact Number +35722276710

Website skilling.com

Balanced Review

Pros & Cons

Pros

Regulated by Cyprus Securities and Exchange Commission (CySEC)
Diverse range of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
Multiple trading platforms: Skilling Trader, MT4, and cTrader
Flexible account types catering to different trader needs
Customer support available through email, live chat, and telephone

Cons

No support for U.S. customers
Limited educational resources for beginners
High trading fees compared to competitors
No multi-currency accounts
Spreads may widen during high volatility

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Skilling	XM	InterStellar	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Cyprus	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	6.2/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Skilling Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners	Zero commission, available on Skilling Trader and Skilling cTrader, spreads from 0.8 pips	Suitable for small-capital practice
Premium Account	Experienced traders	Low spreads from 0.1 pips, subject to trading volume commissions	Requires higher initial deposit or significant trading volume
MT4 Account	Various traders	Available on MT4 platform, spreads from 0.8 pips	Can be used for various trading strategies
Corporate Account	Corporate clients	Can be categorized as Standard, Premium, or MT4	Requires corporate documentation

Account Opening Process

To open an account with Skilling, traders must follow a straightforward process that includes submitting personal, employment, and financial information. This is essential for identity verification and includes providing an ID and proof of address. Skilling offers account flexibility, allowing traders to upgrade to a professional account at a later stage if they meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
CFDs (Stocks)	Varies	$40/million	Subject to trading volume
CFDs (Commodities)	Varies	$40/million	Dependent on market conditions
Cryptocurrencies	1.0%	0.1%	Variable depending on volatility

Other Fees

In addition to trading fees, traders should be aware of other potential costs associated with their accounts. These may include deposit and withdrawal fees, inactivity fees, and platform usage fees if applicable. Overnight interest (swap rates) may also apply, along with currency conversion fees for trades involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Skilling is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Skilling User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

20%

3 star

60%

2 star

12%

1 star

4%

John Doe

New York

★ ★ ★ ★ ★

I had issues with the withdrawal process. It took longer than expected, and customer support was not very helpful in resolving my concerns. I feel frustrated with the overall experience.

Jane Smith

London

★ ★ ★ ★ ★

Skilling has been a great platform for me. The trading interface is user-friendly, and the execution speed is impressive. I appreciate the variety of instruments available for trading. Highly recommend!

Mark Johnson

Berlin

★ ★ ★ ★ ★

I faced several issues with account verification, and it took too long for customer support to respond. I expected more from a regulated broker like Skilling.

Emma Brown

Toronto

★ ★ ★ ★ ★

I’ve enjoyed using Skilling for my trading needs. The platforms are intuitive, and I love the demo account feature for practice. However, I think they could improve on educational resources for beginners.

Cyprus Market