Skilling Review
CFD and forex traders, multiple platforms
Founded 2019 · Cyprus
Why investors choose this broker
- Choice of three trading platforms: Skilling Trader, MT4 and cTrader
- 1,200+ CFD instruments including 70+ forex pairs, 900+ shares, indices, commodities and crypto
- Standard account minimum deposit of $100
- Commission-free Standard account with spreads from 0.7 pips on EUR/USD
Review summary
Skilling is a CySEC-regulated CFD and forex broker offering 1,200+ instruments across forex, stocks, indices, commodities and crypto via MT4, cTrader and its proprietary Skilling Trader.
Pros
- Choice of three trading platforms: Skilling Trader, MT4 and cTrader
- 1,200+ CFD instruments including 70+ forex pairs, 900+ shares, indices, commodities and crypto
- Standard account minimum deposit of $100
- Commission-free Standard account with spreads from 0.7 pips on EUR/USD
- Free demo account with $10,000 virtual balance
- Copy trading available via Skilling cCopy
- Negative balance protection for retail clients
- CySEC-regulated with ICF investor compensation up to EUR 20,000
Cons
- No direct ownership of shares or crypto - all positions are CFDs
- Premium account requires $5,000 minimum deposit
- Research tools are limited compared to larger brokers
- E-wallet withdrawals (Skrill, Neteller) carry third-party percentage fees
- Customer support limited to weekdays (approximately 06:00-22:00 CET)
- No US clients accepted
- MT4 instruments limited to around 200 compared to 800+ on cTrader and Skilling Trader
- Offshore FSA entity provides weaker investor protection than the CySEC entity
Company background
Skilling is a CFD and forex broker that launched its retail platform in 2019 after Skilling Ltd secured a CySEC licence in 2018. The company was founded in 2016 by Scandinavian entrepreneurs and established its primary regulated entity in Nicosia, Cyprus. Skilling offers over 1,200 CFD instruments across forex, shares, indices, commodities and cryptocurrencies to retail and professional clients. In October 2025 an investor group that also owns trading brand INFINOX announced the acquisition of the business, with the Skilling brand and CySEC licence expected to continue operating independently.
Fees and pricing
Skilling offers two live account types. The Standard account is commission-free with spreads from 0.7 pips on EUR/USD and a minimum deposit of $100. The Premium account targets higher-volume traders with raw spreads from 0.1 pips and a per-trade commission, requiring a $5,000 minimum deposit. Deposits are free, though third-party processors may apply their own rates. Bank wire withdrawals are generally free once per month; e-wallet methods such as Skrill and Neteller carry third-party percentage charges. A non-trading withdrawal fee of 2.5% applies if no prior trading activity has occurred. Overnight swap charges apply to all leveraged positions held past the daily close.
Regulation and safety
Skilling Ltd is authorised by CySEC under licence 357/18. European retail clients are covered by the Investor Compensation Fund (ICF) for eligible claims up to EUR 20,000, and negative balance protection applies. A second entity, Skilling (Seychelles) Ltd, holds an FSA Seychelles licence (SD042) and serves international clients outside the EEA with higher leverage limits. The Seychelles entity is not covered by the ICF.
Platform experience
Skilling provides three trading environments. Skilling Trader is a proprietary web and mobile platform offering charting, market news and one-click trading. MetaTrader 4 is available for desktop, web and mobile and supports expert advisors, covering around 200 instruments. cTrader is available on desktop, web and mobile with advanced order types, Level II pricing and cAlgo algorithmic trading across 800+ instruments. Skilling cCopy is a web-based copy trading service. A free demo account with a $10,000 virtual balance is available with no expiry.
Pros and cons
Skilling's main strengths are its choice of three platforms including MT4 and cTrader, a broad CFD range of 1,200+ instruments, a $100 minimum deposit on the Standard account, copy trading and CySEC regulation with ICF compensation. The main drawbacks are that all positions are CFDs with no direct share or crypto ownership, limited research tools relative to larger brokers, e-wallet withdrawal fees, weekday-only customer support and weaker protection for clients of the offshore Seychelles entity.
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Trading fees & commissions
The Standard account is commission-free with spreads from 0.7 pips on EUR/USD; the Premium account adds a commission on top of raw spreads from 0.1 pips. Deposits are free, and e-wallet withdrawal fees vary by method.
Fees
| Item | Fee |
|---|---|
| Cfds | Spread-based; overnight swap charges apply to positions held open after daily close |
| Crypto | Spread-based CFDs; no direct crypto ownership |
| Margin | Overnight swap/financing rates apply to leveraged positions; rates vary by instrument |
| Account | No account opening fee; no management fee |
| Deposit | Free; third-party payment processor fees may apply |
| Inactivity | Varies by account and entity; check current schedule at skilling.com |
| Withdrawal | Free bank transfer (one per month on some methods); Skrill and Neteller withdrawals carry third-party charges; non-trading withdrawal fee of 2.5% if no prior trading activity |
Trading platform & features
Platforms
- Skilling Trader
- MetaTrader 4
- cTrader
- Skilling cCopy
- Web app
- iOS app
- Android app
Regulation and investor protection
Skilling operates through entities regulated by CySEC (license 357/18) in Cyprus and the FSA in Seychelles (license SD042). European retail clients are covered by the Investor Compensation Fund (ICF) for eligible claims up to EUR 20,000.
Broker FAQs
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Bottom line
Skilling suits users who want a CySEC-regulated CFD and forex broker with a choice of three platforms including MT4 and cTrader, a broad instrument range, a low minimum deposit and copy trading. It may not suit users who want direct ownership of shares or crypto, comprehensive research tools, or a platform designed for long-term investing.
Skilling
CFD and forex traders, multiple platforms
Open AccountYour capital is at risk. Other fees apply.
Similar brokers
Visit the Skilling website
Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.
Open AccountYour capital is at risk. Other fees apply.