Forex Brokers

Skilling

Skilling is a Nordic-based FinTech company founded in 2016 and headquartered in Snicosia, Cyprus.

Skilling is a Nordic-based FinTech company founded in 2016 and headquartered in Snicosia, Cyprus. The trader's goal is to create a one-of-a-kind trading platform that meets the trading needs of different traders, providing a platform that can be used by novice to seasoned professional traders.

The company is currently regulated by the UK Financial Conduct Authority (Regulation No. 810951), the Cyprus Securities and Exchange Commission (License No. 357/18), and the Seychelles Financial Services Authority (Regulation No. SD042) ).

Security Analysis

Skilling is regulated by two mainstream regulators, FCA in the UK and CySEC in Cyprus.

Main business

Investors can trade more than 800 foreign exchange and CFD financial products through the platform, including: currency pairs, popular company stocks, digital currencies, popular commodities and global indices. All trades are conducted using Forex or CFD models.

Leverage & Account

Maximum leverage is 1:500 for major currency pairs and major indices, 1:200 for minor currency pairs and gold, 1:100 for minor indices, and 1:100 for commodities , the leverage of stocks is 1:10, and the leverage of cryptocurrencies is 1:5. In order to meet the trading experience and trading needs of different traders, the company has set up three different types of accounts: standard accounts, advanced accounts and MT4 accounts. The minimum deposit is $100 for standard accounts and $5,000 for premium accounts.

Spread & Commission Fees

Spreads are as low as 0.7 pips for standard accounts and as low as 0.1 pips for premium accounts. Skilling only charges commissions on FX pairs and spot metals for premium accounts. Commissions are $35/million for EUR/USD, $40/million for GBP/USD, $50/million for the rest of Forex, $60/million for gold trades, The commission for silver trades is $120/million.

Trading Platform

Skilling provides traders with trading platforms, including Skilling Trader, Skilling cTrader, Skilling MT4.

Deposits

The deposit and withdrawal methods supported by the company include Trustly (including wire transfer), credit card, debit card, Skrill, NETELLER, and Skilling will not charge any fees for deposit and withdrawal.

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