In this short Skilling broker review, you will find out broker spreads and commissions, regulation, trading instruments and minimum deposit.
Skilling is a CFD broker that offers its own web platform in addition to the classic MT4 and cTrader platforms. The broker was founded in 2016 and is licensed by the CySEC and FSA regulators. This doesn’t provide high reliability and safety compared to industry leaders.
But the worst part is the spreads. Spreads and swaps are very high on a standard account, which requires a minimum deposit of $ 100. They are above average even on a premium account with a deposit of $ 5,000 or more. These disadvantages are noticeable even with a short review and are serious reasons to choose another broker.
The total score may change after a detailed review of Skilling.
Official site | https://skilling.com |
Year of foundation | 2016 |
Regulated by | CySEC, FSA Seychelles |
Trading instruments | CFDs on forex (74), indices (12), commodities (5), shares (745), cryptocurrencies (25) |
Spreads and commissions | Above average / High floating spreads EUR/USD – from 1 pips GBP/USD – from 1.5 pips Gold – from 57 pips Oil – from 7 pips FTSE 100 – from 190 pips |
Most popular | |
Provision of services in the US, UK, Canada, European Economic Area | US, UK, Canada European Economic Area |
Min. trade size | 0.01 |
Leverage | Up to 1:30 |
Account types | Standard, Premium |
Minimum deposit | $ 100 |
Minimum withdrawal | |
Deposit & withdrawal methods | 12 |
Payment Fees | |
Trading hours | 24/5 24/7 (For crypto) |
Trading platforms | MT4, cTrader, Skilling Trader |
Mobile App | |
Demo | |
Copy Trading | |
AT/Robots | |
Bonus | |
Affiliate program |
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