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Chris Cammack
Edited by
Author
Chris Cammack
Edited by
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack
Author
Author
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.

 

Learn more about Alison Heyerdahl

Skilling

Most Innovative cTrader Broker

Skilling
4.37
Rate & review
How we review
Average spread EUR/USD 0.70 pips with 0.0 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. Skilling, MT4 and cTrader platforms supported.
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70% of retail CFD accounts lose money with this provider

Available to traders in %s

Min deposit

EUR 100

Regulated By
Varies by region

CySEC, Fi, FSA-Seychelles

Trading Cost

EUR 7

Max Leverage
Varies by region

30:1

Copy Trading
Varies by region

No

Platforms

MT4, cTrader, Skilling Trader

Instruments

Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices ( )
Metals

Skilling Broker Review

Due to compliance and regulatory issues, FxScouts no longer works with Skilling outside of Sweden and Norway. This review is for informational purposes only.


With a wide range of tradable assets and good trading conditions on three live accounts, Skilling may appeal to traders familiar with the MT4 or cTrader platforms.


Skilling’s commission-free Standard accounts have a minimum deposit requirement of 100 EUR and spreads that start at 0.8 pips (EUR/USD), which is tighter than the spreads on other brokers’ entry-level accounts. Spreads tighten to 0.1 pips (EUR/USD) with a commission of 6 USD (round turn), but this is in exchange for a minimum deposit requirement of 5000 USD on its Premium Account.


Skilling’s financial instrument offering is impressive, with 73 forex pairs, over 700 share CFDs, 5 commodities, and 17 indices available for trading. MT4, cTrader, and Skilling’s proprietary trading platform are all supported, with seamless integration provided between cTrader and Skilling’s own platform – an industry first. Beginner traders will be disappointed to know that Skilling’s Forex education and market analysis are almost completely absent.
Average spread EUR/USD 0.70 pips with 0.0 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. Skilling, MT4 and cTrader platforms supported.
Broker Award

Skilling

Founded in 2016, Skilling is a CFD broker with low trading costs on Forex, crypto, indices, commodities, and equities. Alongside industry stalwart MT4, Skilling supports both cTrader and its own trading platform, which integrates directly with cTrader.This innovative approach continues with the Skilling Trader app. Available on both Android and iOS devices, the Skilling Trader app is well-designed and includes a Trading Assistant that walks you through the app. It also has a huge range of technical indicators and charts in multiple time frames. We loved how easy it was to execute orders, and all of Skilling’s educational materials and market news are available on the app.

Pros

  • Wide range of assets
  • Tight spreads
  • Great platform choice

Cons

  • Limited market analysis

Skilling | Skilling

Rating Reviews
4.37

Skilling Overall Summary

Trust Rating
4.5
Trading Conditions
5
Platforms
4.5
Education
3.5
Beginner Friendly
4
Assets Available
4
Analysis Research
3
Deposit & Withdrawal
4.5
Overall Rating
4.37
/ 5
Base Currencies
EUR, USD, GBP, NOK, SEK
Number of FX Pairs
74
Crypto Pairs
61
Copy Trading
No
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Acct
Yes
Account Name
Premium
Commission
6 USD round turn commission
EUR/USD
0.40
GBP/USD
0.50
USD/JPY
0.70
Negative Balance Protection
Yes
Company Name
Skilling Ltd
Founded
2018
Website
https://skilling.com
Website Language
English, Swedish, Malay, Portuguese, Chinese
Support Language
English, Swedish, Malay
Office Locations
Cyprus, Malta, Spain
Support Email Address
[email protected]
PU Prime 50% Bonus PU Prime 50% Bonus

Deposit & Withdrawal

applepay
banktransfer
mastercard
neteller
paypal
skrill
trustly
visa

Supported Platforms

Best MT4 Forex Brokers
cTrader Brokers
Skilling Trader
Skilling

Full Skilling Review

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Is Skilling Regulated?

Regulation: CySEC currently regulates Skilling in Europe, and the Seychelles FSA regulated the company across the rest of the globe. The FSA’s rules are not as strict as those of the FCA or CySEC, but it does allow Skilling to provide its clients with higher leverage.  

While regulation by the FSA is preferable to no oversight, it offers less stringent protections compared to Tier-1 regulators like the UK’s FCA or Australia’s ASIC. This includes limited investor protection, weaker fund segregation requirements, and minimal dispute resolution mechanisms.

Safety Features: Skilling segregates all funds from the company’s operating capital and offers negative balance protection to all its clients.  FSA Seychelles regulatory oversight also means that Skilling can offer higher leverage and bonuses, which may be attractive to some.

Opening an Account at Skilling

The account-opening and verification process at Skilling is seamless, fully digital and accounts are ready for trading immediately. 

Skilling clients meet the following minimum deposit requirements:

  • Standard Account: 25 USD
  • Premium Account: 5000 USD
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Skilling’s Trading Instruments

Skilling offers a wider range of trading instruments than most other brokers, although these are not all available on the MT4 accounts. 

Available Assets and Leverage

Skilling offers a wide range of tradable instruments and dynamic leverage levels across asset classes. Here’s a breakdown:

  • Forex: Over 70 pairs available – leverage up to 1:1000 for major pairs, and up to 1:200–500 for minors.
  • Stock CFDs: Over 900 global equities – leverage up to 1:10.
  • Indices: Major global indices like S&P 500 and NASDAQ 100 – leverage up to 1:1000.
  • Commodities: Includes gold, silver, crude oil, and natural gas – leverage up to 1:200.
  • Cryptocurrency CFDs: Popular crypto-assets – leverage up to 1:50 for small positions.
  • Leverage Policy: Dynamic and tiered based on account size and trade volume. Higher trade volumes may reduce maximum leverage.

Note: High leverage can amplify both profits and losses. Use appropriate risk management strategies.

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Skilling Accounts and Trading Fees

Skilling offers two account types, and its accounts are suitable for beginners and more experienced traders.

Trading Accounts

We opened and tested both of Skilling’s trading accounts:

Standard Account: The Standard Account requires a minimum deposit of 25 USD, offers maximum leverage of 1000:1, and is available through MT4, the Skilling platform or cTrader. Spreads here start at 0.7 pips on the EUR/USD. No commission is charged.

Premium Account: The Premium Account is a commission-based, raw spreads account, with spreads starting at 0.2 pips, but a 7 USD/lot trading commission charged. Leverage is also 1000:1 but the minimum deposit is 5,000 USD, so this is probably not an account for beginner traders.  Trading is also offered on MT4, the Skilling platform and cTrader.

Demo Account: Skilling offers a demo account that allows you to trade instruments without risking real money.  It comes loaded with 10,000 USD in virtual funds and is available on the Skilling, cTrader, and MT4 trading platforms.  Demo accounts do not expire and can be topped up on request. 

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Skilling's Trading Platforms

Skilling offers support for a good range of trading platforms, including the proprietary Moon Trader, MT4, and cTrader, all available on both desktop and mobile.

Mobile Trading Apps

All of Skilling’s trading platforms are available on both Android and iOS mobile devices and tablets. As with the web trading platform, traders can choose from multiple languages. Although there is slightly limited functionality compared to the desktop version of the platform, with reduced timeframes and fewer charting options, traders will still have access to analytics with technical indicators, graphical objects, and a full set of trading orders.  

MetaTrader Mobile Trading

The MT4 app allows traders to work from anywhere, with nine timeframes, 30 indicators, and interactive currency charts. Functionality to close and modify existing orders, calculate profit/loss in real-time, and tick chart trading further assists traders while on the move. 

cTrader Mobile Trading

The cTrader mobile app carries over most of the best parts from the desktop version, including the complete range of order types, price alerts, trade analysis, and symbol watchlists. Chart types have been reduced to 4, however.

Skilling Mobile Trading

Available on iOS and Android, Skilling’s mobile app offers all the same functionality as the web-based platform and is similarly user-friendly and uncomplicated.  It allows traders to open and close positions and has the same indicators and charts.

Trading Platform Comparison:

Trading Platform Comparison

Broker
Platform Choice
Copy Trading
Platforms
Skilling
4.5
/ 5
Read Review
No
MT4
cTrader
Skilling Trader
Pepperstone
5
/ 5
Read Review
Yes
MT4
MT5
cTrader
TradingView
Pepperstone Platform
Tickmill
4.5
/ 5
Read Review
Yes
MT4
MT5
TradingView

Skilling’s platform support is excellent compared to other similar brokers.

Desktop Trading Platforms

Skilling offers support for a good range of trading platforms, including the proprietary Moon Trader, MT4, and cTrader. 

Trading Platform Comparison

Broker
Platform Choice
Copy Trading
Platforms
Skilling
4.5
/ 5
Read Review
No
MT4
cTrader
Skilling Trader
Pepperstone
5
/ 5
Read Review
Yes
MT4
MT5
cTrader
TradingView
Pepperstone Platform
Tickmill
4.5
/ 5
Read Review
Yes
MT4
MT5
TradingView

Moon Trader

Moon Trader is Skilling’s proprietary trading platform. Designed to be intuitive and simple, but with a full suite of technical indicators and drawing tools, Skilling Trader is built to appeal to traders of all experience levels.

Skilling cTrader

cTrader is an advanced trading platform designed specifically to work with market execution accounts. As mentioned previously, Skilling is unique in that it has teamed up with Spotware, cTrader’s creators, to seamlessly integrate cTrader with Skilling’s own trading platform.

cTrader is a modern, intuitive, and powerful trading platform with advanced trading capabilities, such as fast entry and coding customisation, as well as a variety of indicators to help you make better trading decisions. It includes a complete charting package and Spotware hosts a library of indicators and robots, traders can also design their own algorithms using the Automate Editor.

MetaTrader 4 (MT4)

The MT4 trading platform is the most widely used Forex trading platform and can also be used to trade other instruments like commodities, cryptocurrency, stock index, and stock CFDs. Though it is now showing its age, MT4 is still popular for its auto trading features that enable algorithmic trading and strategy backtesting with expert advisors (trading robots). 

Other features of MT4 include:

  • Four types of order execution, including Market, Limit, Stop, and Trailing Stop orders.
  • Superior charting tools in nine timeframes
  • 30 technical indicators
  • 23 analytical objects
  • Algorithmic trading, which allows any trading strategy to be formalised and implemented as an Expert Advisor. 
  • Backtesting capabilities
  • Dedicated customer support
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Skilling Deposits and Withdrawals

Skilling offers a wide variety of funding and withdrawal methods. with no deposit or withdrawal charges and an average processing time. 

Account Currencies and Funding Options

Trading accounts can be opened in five base currencies – EUR, USD, NOK, SEK, and GBP and Skilling ensure that all Anti-Money Laundering rules and regulations are followed:

  • Deposits can only be made using a bank account or card registered in the trader’s name
  • No third-party deposits are allowed.  
  • Withdrawals must be made to the same account or method that the funds originated. 

Skilling offers a range of deposit and withdrawal methods and charges no fees for either type of transaction. Be aware that your bank or card issuer may charge you for international transfers.  Deposits are generally instant (except deposits via bank transfer and debit/credit cards), and withdrawals are processed within 24 – 48 hours.

See below for a complete list of payment options and withdrawal times:

 

 

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Skilling’s Research and Trading Tools

Skilling offers an average range of trading tools compared to other Forex brokers.

Trading Tools

Skilling offers support for a social trading platform (Skilling Copy Trading) and PAMM/MAM accounts. 

Skilling Copy Trading

Social trading is a service that allows investors to follow the trading strategy and copy trades of professionals, which are also known as signal providers. Available on the Skilling Copy Trading platform, traders can choose from thousands of strategies and providers to follow and copy. The in-depth performance statistics available allow you to research Strategy Providers and their track record of investments as well as review their performance results and trading style to determine the strategy most suitable to you. 

Usually, the actions of experienced Forex traders are used as a guide for beginners. It reduces the time for market research and analytics before trading on Forex. Social trading is useful for traders who have no time for training or making independent investment decisions. 

PAMM/MAM Accounts

Skilling offers an account management service to its clients which allows account managers to trade on their behalf.  In order to perform this service, bespoke technology or software is required, also known as MAM/PAMM.  The MAM software communicates all allocation settings directly with the Skilling MetaTrader 4 server.    

MAM stands for Multi-Account Manager which permits a range of customisable ways to sub-allocate trades.  PAMM stands for Percentage Allocation Module Manager which means investors can be part of a set of sub-accounts that are traded together by a money manager or trader who has permission from clients to trade on their accounts.  Account Managers take a portion of the profits generated by the trades.  

Managed accounts are great for beginner traders who have limited experience with trading.

Trading Tools Comparison:

Trading Tools Comparison

Autochartist
Trading Central
Trading View
Yes
No
Yes
Yes
No
Yes
No
No
No

Skilling’s market analysis materials are limited compared to what is offered at other similar brokers.

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Skilling’s Education

Skilling’s education is severely limited compared to other brokers.   

Education is limited to a small selection of articles covering some aspects of CFD Trading, such as common trading strategies, trading indicators and trading terms. Any analysis articles are out of date.

Educational Material Comparison:

Education Comparison

Unlimited Demo Account
Beginner Course
Advanced Course
Yes
Yes
No
No
Yes
Yes
Yes
Yes
Yes
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Skilling’s Customer Service

Customer support is available via phone, live chat, and email

Phone support is available from 08:00-17:00 CET, Monday to Friday and live chat is available from 08:00-22:00 CET, Monday to Friday.

For the purposes of this review, we found the live chat agents responsive and knowledgeable.

How Are The Best Forex Brokers Scored?

FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score.

  • Trust Rating: Assessment of broker reliability and reputation
  • Trading Costs: Spreads and fees for clear comparisons
  • Platforms: User-friendliness and features 
  • Asset Selection: Forex, stocks, and other available instruments
  • Deposit and Withdrawal: Simple and free deposits & withdrawals
  • Education: Support for beginners and developing traders
  • Customer Support: Accessibility, responsiveness, and expertise


To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. The radar chart to the left illustrates the weight of each category in our final scoring system.

Why Our Reviews Set the Standard

Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience.

Skilling Risk Statement

Skilling Risk Statement

Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. Skilling would like you to know that: Derivative products are complex financial instruments carrying a substantial level of risk and may not be suitable for all investors, as may result in the loss of all invested capital rapidly due to leverage. Before engaging in CFD trading, you should carefully evaluate your investment objectives, level of experience, and risk tolerance. There is a risk of losing some or all of your initial investment; therefore, you should only invest funds that you can afford to lose.

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User Reviews

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Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), an experienced trader, and a financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 300 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Stefan de Clerk

Financial Writer

Stefan de Clerk
Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.
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