Skilling review 2025

Our opinion of Skilling

Skilling is a top broker that caters to both beginners and experienced traders. Compared to other trading platforms we’ve reviewed, Skilling is fairly new. However, in the few years it’s been operating, it has already gained a good reputation in the retail trading industry. 

With hundreds of markets, a choice of trading platforms, and a good selection of trading tools and features, Skilling is an excellent option for anyone looking to take their trading seriously. 

This Skilling review looks at all aspects of the broker, from its platforms, assets, educational services, and everything in between; we’ve tested and reviewed Skilling to help you decide if it’s the right choice for you.

Skilling highlights

Investing options

4.1

What can I do with Skilling?

Using Skilling’s platform, you can trade a range of financial products and securities. Skilling is a Contract For Difference (CFD) and forex broker which provides access to over 1200 financial instruments across currency pairs, stocks, indices, commodities, and cryptocurrencies.

Trades can be carried out on Skilling’s web platform and desktop and mobile apps. Skilling focuses on ease of use and simplicity, so there aren’t many advanced features that professional traders have become accustomed to – apart from a trading assistant and indicator/drawing tools.

Skilling was founded in 2016 by fintech industry veterans and officially received its authorisation and licensed entities from the Cyprus Securities and Exchange Commission (CySEC) in 2017, allowing it to offer its services in all EEA countries.

What accounts does Skilling offer?

Skilling offers two main types of accounts, its basic option and premium option.

The basic Skilling account is open to anyone, while the premium account can be opened if you meet the $5,000 minimum deposit requirement. Here’s a look at a few other options available to Skilling users. 

Products, markets & assets

What products and assets can you trade on Skilling?

There are over 1200 assets available on the Skilling platform, including stocks, forex, commodities, indices, and cryptocurrencies. Here is a summary of all of Skilling’s trading options. 

What leverage trading options are there?

Skilling offers leverage up to 1:30 on major FX pairs, which is in line with industry standards.

Here’s a breakdown of the amount of leverage available on Skilling for different products.

What are the spreads?

Skilling’s spreads are variable, which means they can fluctuate at different times of the day.

Spreads start from a very reasonable 0.7 pips on standard accounts. On premium accounts, spreads start as low as 0.1pips. 

Skilling trade sizes and limits

Skilling trades can be made from a minimum of 0.01 lots or 1 share, all the way up to €50,000 when maximum leverage is applied.

This, again is standard and perhaps even slightly aggressive, given the broker’s orientation towards beginner and intermediate traders. Below is a look at the minimum trade sizes required to open a position on Skilling. 

Stocks

Which stocks are available on Skilling?

Skilling users have access to over 700 stocks from various global exchanges. Here are the different stock exchanges available on Skilling.  

What are the fees for buying and selling stocks?

Skilling advertises commission-free trades, opting instead to make its money on trade spreads. This has become the industry standard and its charges align with what we have seen from many other brokers. For stocks, spreads start from 0.1%. 

Crypto

What cryptocurrency pairs can be traded on Skilling?

Skilling offers CFD trading on over 50 cryptocurrencies. The list of available cryptocurrencies may change occasionally, depending on market conditions and regulatory requirements. Here is a look at some of the top coins available on Skilling. 

What are the fees for buying and selling cryptocurrencies?

Skilling charges a taker fee when you place a market order. This starts from 0.1% of the value of the position. It also charges spread, the difference between the bid and ask price. Crypto spreads on Skilling start at 0.05%. 

Does Skilling offer staking and rewards?

No, Skilling does not offer any crypto services, such as staking and rewards. Skilling only offers crypto CFDs for a small selection of pairs.

Forex

What forex pairs can be traded on Skilling?

There are 73 forex pairs on Skilling, including the majors, minors, and some exotics. Here are some of the most popular foreign exchange pairs that can be traded on Skilling.

What are the minimum spreads for trading forex?

Forex spreads on Skilling are low and start from 0.1 pips for most major pairs. As with other forex brokers, minors and exotics are slightly higher. Spreads are also variable, meaning they can change depending on the time of day, volatility, and other factors. 

Commodities

What commodities can be traded on Skilling?

There are a total of 20 commodities available to trade on Skilling, including the likes of gold, silver, and oil.

There is a mixture of pairs also available that trade against the United States Dollar. Here’s a look at all of the commodities available on Skilling. 

What are the minimum spreads for trading commodities?

Skilling has variable spreads, which means the amount you’ll pay will vary.

The minimum spread on commodities is 0.01 pips, however, that is only applicable to large volume markets such as gold and oil. For other commodities, such as natural gas and cotton, the minimums are considerably higher.

Deposits & withdrawals

What are the minimum & maximum deposits?

The minimum and maximum deposit amounts on Skilling vary depending on your payment method.

The currency you use can also impact the amount you can deposit. Below are the minimum and maximum deposit amounts for all payment methods on Skilling. 

What are the minimum and maximum withdrawals?

When it comes to withdrawing funds, there are no limits for many payment methods. For some, there are limits and in the table below, you can find the minimum and maximum withdrawal limits with Skilling. 

What are the deposit and withdrawal options fees, limits, and speeds?

Most payment options available with Skilling do not incur any fees when withdrawing money, however, there are a couple that do. Use the table below to learn more about Skillings withdrawal options and costs. 

Fees & costs

How do Skilling fees work?

Skilling advertises commission-free trades, opting instead to make its money on trade spreads. This has become the industry standard and its charges are in line with what we have seen from many other brokers. These are the fees you can expect with Skilling.

What are Skilling’s trading fees?

Skillings trading fees come from variable spreads. Below are the average fees for all assets available to you on your Skilling account. 

Platforms & usability

What devices can I use Skilling on?

Skilling provides easy access to its trading platform from any popular web browser, such as Chrome, Safari or Edge, and via their mobile app for Android and iOS devices. You can access Skilling on.

Skilling mobile app review

The Skilling mobile app provides access to multiple trading platforms, including MT4, cTrader, and Skilling Trader. This allows you to use your platform of choice right on your smartphone. MT4 is a good option for automated trading with EAs, cTrader offers advanced charting, and Skilling Trader provides an intuitive interface. 

Web trading platform

The most important question any user has is: How easy is it to use Skilling?

Like Skilling’s mobile app, its web-based application is very easy to use and gives you access to all its trading platforms. The web platform adapts to any screen size and provides smooth access to these platforms with unique strengths. 

Having browser-based access makes using your preferred Skilling trading platform on multiple devices convenient. The web platform rounds out Skilling’s technology offering with full account management capabilities alongside its trading platforms.

Desktop trading platform

Skilling’s downloadable desktop application also contains a range of trading platforms – MT4, cTrader, and Skilling Trader. Each platform serves different needs. The desktop app provides a robust and customisable trading experience on Windows and Mac computers. 

With stable, fast performance, it gives traders desktop access to all of Skilling’s platforms in one place. This makes it easy to manage your Skilling account and execute trades efficiently from your primary computer.

Key features

Skilling trade assistant

A wizard designed specifically for new traders with easy-to-follow steps to make your first trade and answer any questions you may have about the process.

Ultra-fast order execution

Industry-leading execution time of 0.05 seconds on average. This means you can react to markets as they move and take advantage of short term fluctuations.

Algorithmic trading

Designed for algorithmic trading strategies and is compatible with C# and .net frameworks allows you to enjoy the benefits of hands-free forex and CFD trading.

Safety & reliability

Is Skilling safe?

Skilling’s trading platforms are protected through Secure Socket Layer (SSL) encryption, ensuring all customer data is fully encrypted and secure before internet transmission.

All CySEC regulated brokers, including Skilling, have to maintain a minimum operational capital of €730,000. This also includes maintaining client funds in segregated accounts in tier-1 banks, negative balance protection, and a compensation fund to protect individual retail investors up to €20,000.

Is Skilling regulated?

Skilling is a group of entities with licences regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18.

Skilling customer support review

Skilling provides good customer support through various channels. It has a very informative help centre which answers almost any question you may have. However, if you still have questions, you can contact Skilling’s support team via email, phone, and even WhatsApp. 

What are the risks of using Skilling?

The main risk of using Skilling is losing money, however, this risk is largely down to your ability as a trader, as opposed to Skilling’s services. Here’s a look at a few other risks you should consider before using Skilling. 

• Using high leverage can be risky. Skilling offers high leverage levels up to 1:30. While leverage can increase potential gains, it also amplifies losses if the market moves against your position. The high leverage ratios mean you can rapidly lose your account balance when trading with Skilling.
• Spreads are variable and can widen substantially. Skilling provides access to a range of assets. During high volatility, the bid-ask spreads on these assets can widen significantly. This increases transaction costs since you pay the spread on both the entry and exit of positions. 
• Rollover costs can eat into profits. Daily financing fees are charged when holding leveraged buy or sell positions open overnight on Skilling. These financing costs will compound over time for long-term positions. So traders need to consider these carrying costs, especially for longer-duration strategies.

Research & analysis tools

What trading tools are on offer?

The trading tools available on Skilling are fairly limited, especially for beginners. There is some information to help you understand the markets; however, beyond that, there is not much else. 

Educational resources 

Skilling’s educational resources are rather limited, apart from their “What is CFD trading?’ section which covers the basics of the popular form of trading. This leaves a lot to be desired, especially as their stated goal is that “everyone with an interest in financial markets should be able to access and harness their full potential.”

Tools and charting

Skilling’s trading platform couples access to over 1200 financial instruments with advanced user-defined customisation options and multiple trade indicators and drawing tools.

Despite touting “industry-leading trading conditions,” Skilling doesn’t elaborate much on the extent of the features it offers traders. The tools and charting services on Skilling seem standard for the CFD trading industry. 

Education & learning resources

What educational resources are on offer?

The educational resources available on Skilling are not as in depth as you’ll find with other online brokerage platforms. However, it does provide a good library of resources which you can use to help improve your skills.

Education centre

Skilling’s Learning Center is packed with over 100 meticulously researched articles and how-to videos designed to transform anyone into a market master.

From the psychology of trading to advanced chart analysis, there is a guide for all levels of trading. Not only will you gain new skills, but you’ll also discover how the world’s best traders think.

Demo account

To really cement your learning, nothing beats hands-on practice. That’s why Skilling offers a risk-free demo account where you can try out strategies with virtual funds.

The demo account mimics live trading conditions, including spreads so that you can practice your skills in a simulated environment with zero risk. 

Live platform

When you’re ready to put real skin in the game, Skilling provides a powerful trading platform designed for clarity and ease of use.

Robust charting and analysis tools help you spot opportunities and execute winning trades swiftly. It offers multiple order types and risk management features, putting you in full control.

Skilling customer reviews

Skilling consistently scores performs well in terms of customer reviews, best exemplified by a near perfect rating for its Android app.

Our verdict

Skilling’s breadth of over 1200 CFDs across multiple asset classes through its proprietary trading platforms is a robust offering in and of itself. When spreads starting from 0.1 pips, Skilling becomes even more attractive. 

As the platform is authorised and regulated by CYSEC , you can trade with confidence, knowing that your funds are segregated, insured, and secure.

The only area visibly lacking is Skilling’s education resources which is nothing more than a single page covering just the basics of CFD trading. Apart from this, its offering is solid and stacks up well against other similar CFD and forex brokers.

Who is Skilling suitable for?

Skilling is best suited for active traders seeking quick execution across various markets. Its multiple trading platforms provide flexibility. Skilling gives access to thousands of global markets across stocks, forex, indices, commodities, and cryptocurrencies. 

Traders who value having many assets to choose from may find Skilling’s diverse offerings beneficial. The ability to fund accounts and withdraw quickly also suits active traders. 

Is Skilling good for beginners?

Yes, Skilling is a good choice for beginners just starting on their trading journey. It provides access to hundreds of markets, has a range of trading platforms, and has a good selection of educational content. 

However, beginners should be careful with the high leverage available on Skilling. Trading with leverage can be risky, especially if you’re starting out and still learning the ropes. 

Our methodology

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each broker to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other trading platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.

To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the broker is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

The trading platform is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process. 

FAQs