Skilling

Skilling is a Scandinavian Forex broker that offers a secure environment for trading more than 900 financial instruments. The services of this fintech company have been available since 2016 for both experienced traders and beginners. The broker’s main goal is to make Forex trading easy and accessible for everybody.

Skilling Group has offices in Seychelles, Cyprus, Malta and Spain. You can trade assets on your computer, tablet, or smartphone by downloading the app from Google Play or App Store. The unique trading platforms are designed for traders of all levels, from beginners who have never traded to professionals. In this review, we will explore whether Skilling is a trustworthy organization or if it is just another online scam?

 

Terms of Trade with Skilling

Skilling’s trading conditions are designed to take trading to the next level. On the skilling.com platform. You can trade currency pairs, stocks, indices, cryptocurrencies, and even commodities (from oil and gold to wheat and coffee). Trading conditions are:

• more than 900 Forex and CFD trading instruments,
• 4 types of accounts – Standard, Premium, MT4, MT4 Premium,
• minimum amount for the first deposit is 100 EUR,
• competitive spreads from 0.1 pip,
• no commissions or hidden fees,
• demo account for virtual asset trading,
• easy account registration in a couple of minutes,
• a reference center for training exchange players,
• automatic copying over 1000 strategies,
• customer support on weekdays from 04:00 to 22:00 CET.

Skilling has four trading platforms available:

• MetaTrader 4. A well-established trading platform, automatic trading with the help of Expert Advisors, and a huge variety of technical indicators.
• TradingView. Powerful charts and indicators, multi-platform functionality, effective trading ideas.
• Skilling Trader. Convenient and intuitive trading experience, full web and mobile support, and super-fast order execution.
• Skilling cTrader. Advanced risk management, order functionality, a large selection of indicators, algorithmic trading with C# and .net.

As we can see, the Forex broker offers two world-renowned and two innovative terminals. These are the author’s trading software, which is constantly being improved. The Standard account is designed for beginners. The account with zero commission is available on Skilling’s platforms with spreads from 0.7 pips. The premium account differs from the standard account in the spreads (from 0.1 pip) and is also subject to trading volume commission ($35 for $1 million turnover). Taking into account the low spreads, the starting deposit is higher – from €5000.

 

Skilling.com Website

The portal skilling.com is the official website of the broker. There are 13 languages available: English, German, Italian, Spanish, French, etc. The site is characterized by an intuitive and user-friendly interface. All the information is structured by sections:

• About Us (About the Company).
• Trade.
• Markets.
• Platforms.
• Reference Center.

The site provides the broker’s contacts and answers to relevant questions. Opening an account with Skilling is very easy: you need to register, pass the verification procedure, and you can start trading. Refill the deposit and start trading on global financial markets.

 

Demo Account on Skilling.com

At skilling.com there is a demo account. To open it, create an account, log in to it, and go to “My Account”. A demo account helps beginners learn how to trade, while experienced traders test new strategies in a risk-free environment. It gives full access to the platform, including video content with profile articles. The demo account features real market conditions and prices, but keep in mind that they don’t always reflect everything accurately. Especially in periods of high volatility or illiquidity – at market openings, and news releases.

 

Deposit and Withdrawal

Skilling offers the following deposit/withdrawal methods:

• Bank card (Visa/MC).
• Payment systems are Webmoney, Skrill, Neteller, Klarna, MiFINITY, AstroPay, and Binance Pay.
• Bank Transfer.

Skilling’s financial department is open Monday through Friday from 06:00 to 15:00 UTC (DST +1). For deposits, and withdrawals via Neteller and Skrill the broker is entitled to charge a commission of up to 2.9%. For operations using bank transfers the commission is not charged.

 

Bonuses at Skilling

Skilling has regular special offers, bonuses, and promotions.

Welcome Bonus

You will automatically receive a $30 bonus on your verified trading account when you make your first deposit. Any amount received when trading with the bonus can be withdrawn.

Cashback Program

Get up to $10,000 cashback per month. The discount level resets on the 1st of each month. This is an ideal solution for active stock players. Earn and withdraw profit to your account at each closed transaction.

Zero Zero Specials

Trade popular instruments with zero spreads and zero commissions. This feature is only available for a limited time. You can go from zero to hero!

Affiliate Program

Website or blog owners, media persons, and marketers can get up to $800 per conversion. You need to promote skilling.com on your websites or on social networks and direct potential customers to this site. Partners will find a competitive fixed-rate model, flexible payment options, and 24/7 performance monitoring. You can make good money with Skilling, depending on the commission type you choose.

 

Complaints about Skilling

In 8 years of work, the broker has accumulated a lot of reviews. Among them, there are both positive and negative reviews. Clients write that skilling.com is a reliable platform for investing in the future. Some readers are interested in learning more about how automatic trading works. Others praise the work of the support service, which quickly solves any issues, up to and including problems with cards when withdrawing earnings.

While there are certainly some negative aspects to consider when dealing with any company in the financial market, Skilling is no exception. Some clients have accused the broker of dishonesty and fraud, with claims that they often lie. For example, they have been accused of closing accounts with false information and withholding earnings for several weeks after a withdrawal request. Additionally, there have been complaints about issues with privacy policies, including refusal to delete accounts or personal data.

If there are any complaints about Skilling, we will post them on social media. Sign up so you don’t miss anything.

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Skilling Broker Regulator

The head office of Skilling Ltd is located at Suite 4G, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. The company is supervised by 2 regulators:

• FSA Financial Services Authority, License No. SD042
• Cyprus Securities and Exchange Commission CySEC, license number 357/18

The presence of a license indicates the reliability and honesty of the organization. With a regulated broker, clients’ funds and personal data are completely safe. In addition, private traders are warned about the complexity of CFD instruments. There is always the risk of rapid loss of your money when trading financial assets. This should be understood even before the moment of account opening and initial deposit.

View the Skilling license on the CySec website

 

Is Skilling a Scam?

Forex broker Skilling is fully licensed and regulated by the Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). The company has offices in the Seychelles, Cyprus, Malta, and Spain. All contact information is publicly available, and the support service is available on weekdays to assist clients. This means that the broker conducts its activities openly and transparently, and does not try to hide from its clients.

A selection of modern platforms and an easy-to-use trading application allow you to trade a wide range of financial products, including forex and CFDs. These products include currency pairs and cryptocurrencies, as well as other assets. Additionally, the broker provides access to modern, intuitive trading terminals that enable you to trade from anywhere at any time. The broker offers exchange-oriented solutions and customer-focused service, as well as excellent trading conditions and hassle-free transactions. They provide a demo account for practicing trading before opening a real account, so you can get a feel for the platform. If you read the reviews of other traders, you will see that skilling.com is a reliable platform. This project is not a scam.

 

Conclusion

To wrap up the review, let’s summarize: Skilling is not a scam or fraudulent company. It is a reputable Scandinavian Forex broker that guarantees safe and efficient trading for its clients. The company holds licenses from regulatory authorities, ensuring that its operations are legal. Traders can rest assured that their funds and personal information are secure with a regulated broker such as Skilling. There are no hidden fees or unexpected charges, and successful trading depends on transparent pricing. Skilling offers access to the world’s most popular financial instruments, with competitive trading conditions.