Pros
  • 73 currency pairs
  • Wide range of payment options
  • CySEC regulated
  • Charting platforms including MT4 and cTrader
Cons
  • No educational material, daily analysis or tutorials
  • No MT5 Offered
  • Mixed trading fees

Reviewed broker: Skilling, previously known as Finovel Cyprus Ltd

Established in 2016 by Scandinavian tech magnates, Henrik Persson Ekdahl, André Lavold and Mikael Riese Harstad, of Optimizer Invest.

Location: Cyprus with multinational offices based in Spain and Malta

Regulation: Cyprus Securities and Exchange Commission (CySEC)

Trading instruments:  currency pairs, including minor ones, and CFDs on Stocks, Indices, Energies, and Metals also including 10 Cryptocurrencies with Ripple, Ethereum, Litecoin, Bitcoin, etc.

Skilling.com only accepts traders from Australia, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Ethiopia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Portugal, Romania, Slovakia, Sierra Leone, Spain, Sweden, United Kingdom, Norway.

US traders: not allowed

Trading Conditions

Base account currency: USD, EUR, GBP, SEK, NOK

Spreads from starting from 1.5 pips on  EUR/USD

Currency pairs: 80 major, minor and exotic currency pairs

Crypto: most popular cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ripple 

Maximum leverage is extremely low 1:30

Demo account: Skilling demo account comes with virtual balance of $10,000 to allow potential Skilling clients to try out the platform risk free with no expiry date

Account types Standard and Pro

There are defined Standard Account with a spread basis and Premium accounts that are based on ECN Account execution with raw spread offering and commission charge per million traded. What is also great, you will open only one account and can use any platform of your choice for Standard account offering including MT4, cTrader, and Skilling Trader which we will cover in detail further in our Skilling Review.

Yet, the Premium account excluded MT4 from the proposal but we think it is not a serious limitation as cTrader and proprietary platforms might be even better for active trading or day traders.

Trading account Minimum deposit Min. trade sizeDefault leverageSpread
Standard $501:300.01from 1.6 pips
Pro $50 0001:300.1from 0.4 pips + 0.004% commission

Keep in mind that inactive accounts longer than 12 months are charged 10 EUR fee. 

Trading Platform 

Skilling Trader

Unique, simple and powerful trading platform, designed by expert traders to satisfy the needs of the beginner and advanced traders.

Skilling Trader is a direct result of our company’s years of hard work to create a unique, simple and powerful trading platform, designed by expert traders to satisfy the needs of the beginner and advanced traders.

  1. User-friendly & intuitive trading experience
  2. Full web and mobile support
  3. Ultrafast order execution

All you have to do is log in into your Skilling trading account, and open an account with Skilling Trader, and then simply download Skilling Trader on your prefer mobile device or launch it directly from your browser. It’s that simple!

cCopy with Skilling

With Skilling Copy you can copy other investors, and automatically mirror the strategies and trades of more knowledgeable traders.

The in-depth performance statistics available allow you to research Strategy Providers and their track record of investments as well as reviewing their performance results and trading style to determine the strategy most suitable to you.

  1. Skilling Copy – join one of the fastest growing copy trading community.
  2. Do you not have the time or the knowledge to focus on your own trading?
  3. Why not let someone else do the work for you?
  4. Start, pause or stop copying; all is done with a few simple clicks.
  5. Protect your funds with “Equity Stop Loss”. You decide how much you will risk.
  6. Join an investing community, with all levels of traders given the opportunity to share and exchange ideas, strategies and trading education.

Payment Options

Minimum deposit requirement: $50

Payment methods include bank transfer via the Trustly platform, the use of supported VISA or Mastercard Debit and Credit cards, ePayment options such as Skrill or Neteller.

Customer Support

Skilling broker representatives are available via phone, email and live chat

No educational material has been found on the broker’s website during the review.

How was the rating of Skilling performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Skilling FX broker performance and features. 

Overall our online Skilling review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Skilling or you find inaccurate details Skilling broker review please get in touch with us and the changes will be applied.

Skilling Details

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