This Skilling review explores the broker’s regulatory structure, trading platforms, asset classes, and client protections. Skilling is a Scandinavian fintech broker offering CFD trading on forex, indices, commodities, and crypto, with a focus on intuitive platforms for beginner to advanced traders.

Regulation and Safety

Skilling operates through three regulated entities:

• CySEC: Skilling Ltd, License No. 357/18
• FSA Seychelles: Skilling (Seychelles) Ltd, License No. SD042
• CMA Kenya: Skilling Kenya Ltd, License No. 152

CySEC-regulated clients receive negative balance protection and are covered by the Investor Compensation Fund (ICF). CMA clients are protected under Kenya’s Capital Markets Authority rules. Seychelles clients benefit from higher leverage but fewer protections.

Execution Model and Trading Platforms

Skilling offers a no-dealing-desk (NDD) execution model with Straight Through Processing (STP). The broker supports three platforms:

• Skilling Trader: Proprietary, beginner-friendly web and mobile platform
• Skilling cTrader: Advanced platform for professionals and algo traders
• MetaTrader 4: Desktop, web, and mobile versions for EAs and technical analysis

Skilling cTrader also includes FIX API access for institutional clients. All platforms support fast execution and customizable charting.

Markets and Instruments

Skilling offers more than 900 CFD instruments across major asset classes:

• Forex – 70+ pairs including majors, minors, and exotics
• Indices – Global stock indices like NASDAQ, S&P 500, DAX
• Commodities – Gold, oil, natural gas, silver
• Stocks – CFDs on 700+ global shares including Apple, Tesla, Amazon
• Cryptocurrencies – BTC, ETH, XRP, LTC, ADA, DOGE, and more

Accounts, Spreads and Leverage

Skilling offers two main account types:

• Standard Account: Spreads from 0.7 pips, no commission
• Premium Account: Spreads from 0.1 pips, $35 per $1 million traded

Leverage depends on regulatory jurisdiction:

• CySEC: Up to 1:30 (retail), 1:200 (professional)
• Seychelles: Up to 1:500
• Kenya: Up to 1:400

Minimum deposit: $100. Stop-out level: 50%. Islamic swap-free accounts are available upon request.

Funding and Base Currencies

Skilling supports the following funding methods:

• Credit/debit cards (Visa, Mastercard)
• Bank wire transfer
• Skrill, Neteller
• Trustly, Klarna, Swish (for EU clients)

Supported base currencies include USD, EUR, GBP, NOK, and SEK. Most deposits are processed instantly, while withdrawals typically take 1–3 business days. No deposit fees are charged, but withdrawal fees may apply depending on method.

Client Protections and Features

Client protection measures include:

• Negative balance protection across all entities
• Investor Compensation Fund for CySEC clients (up to €20,000)
• Segregated client funds held in Tier-1 banks
• Two-factor authentication and encryption

Risk management tools, a copy trading feature (via cTrader), and economic calendars are available to enhance client control and education.

Institutional and Retail Offering

Skilling caters to both segments:

• Retail – User-friendly Skilling Trader platform, MT4, and cTrader access
• Institutional – FIX API connectivity, custom liquidity solutions, and partnership programs
• IB/Affiliate programs with tiered commissions

There are no white-label or prime brokerage services currently offered.

Pros

• Multi-platform access including MT4, cTrader, and Skilling Trader
• Regulated in EU, Kenya, and Seychelles
• Wide range of CFDs including 50+ cryptos
• Low spreads and commission-based accounts
• FIX API and copy trading available

Cons

• No direct share dealing (only CFDs)
• No educational courses or advanced analytics suite
• Withdrawal fees may apply
• No MetaTrader 5 support

Frequently Asked Questions

Is Skilling regulated?

Yes, Skilling is regulated by CySEC (EU), FSA Seychelles, and CMA Kenya.

What platforms does Skilling offer?

Skilling provides MT4, cTrader, and its proprietary Skilling Trader platform.

What is the minimum deposit?

The minimum deposit is $100 across all account types.

Does Skilling offer cryptocurrency trading?

Yes, Skilling offers over 50 cryptocurrency CFDs including BTC, ETH, and DOGE.

Can professionals access FIX API with Skilling?

Yes, institutional and high-frequency traders can access FIX API through Skilling cTrader.