- 24/7 customer support, regulated, low minimum Deposit and instant withdrawal
|Minimum 1st Deposit||£100|
|Free Demo Account|
|Regulation||CySEC, ICF and FCA|
|US Traders Allowed|
- Global Broker with offices in Cyprus, branch in the UK and Seychelles
- No multi-currency accounts
You might have head of skilling broker and must wonder if they are legit or not. You are not wrong of thinking twice before choosing a broker. As making a quick decision can lead you to wrong choice and scam victim. Skilling is a Scandinavian-owned fintech company located at Nicosia, and founded in 2016.
The broker is best binary trading platform so far and is regulated by Cyprus Securities and exchange Commission. The platform is well established by group of experts traders namely:. Scandinavian tech magnates, Henrik Persson Ekdahl, André Lavold and Mikael Riese Harstad.c.
Everything about skilling is legit and clear to their customers and this is a great impression of a good broker. The platform is well good and some pro trading tools are free. There are so many advantages trading with skilling. You will have access to more than 800 instruments and spread from 0.1 pips. See our best forex brokers for UK
Skilling Trading Platform
As with many CFD brokers with developers in-house, Skilling makes use of its own specifically-designed trading platform to provide customers with the experience they have devised.
Browser-based, visually simple and easy to use, the Skilling trading platform clearly falls in line with the mission of the company; to strip away the jargon in exchange for easy-to-understand trading information.
Skilling’s in-house platform features around 70 indicators, including options such as moving average and MACD, allowing for convenient and quick technical analysis as needed.
A range of chart styles are also available to suit to the visual preference of the trader, plus complete management through the platform itself for accessing trading history, account balances and withdrawal history as and when needed.
Thanks to its browser-based format, Skilling trading platform is available for just about every computer user, with functionality in every major browser available on the market. Skilling browser platform also functions appropriately on mobile, but there are also specific iOS and android trading apps.
The most recent improvements included the ability to analyse historical trading patterns versus other portfolios, and the expansion of traders features. Traders now have quicker access to data, more customisable elements, a range of filters and the ‘Explore Markets’ function – helping traders find the right trades, as quickly as possible. See other brokers for beginners
Skilling Account Types
Skilling is a binary option broker any trader with any trading amount can start. The broker offer the following account types.
Skilling Standard account is the ideal type for beginners. It’s a 0 commission account available on Skilling trader and Skilling cTrader, with spreads from 0.7.
The starting deposit is 100 € and the leverage for retail is 1:30.
Skilling premium account differs from the standard one. However, on the spreads (from 0.0) and it has commissions associated with it if the volume surpasses the million. Given the low spreads, the starting deposit is higher (5,000 €). Available on Skilling Trader, Skilling cTrader and MT4.
Metatrader 4 (or MT4) is the most famous trading platform for forex retail traders. It has been good for any type of trader. However moreespecially within the forex community it has a 90% of market share. It is now available at Skilling for Web, Desktop, Android or iOS.
If you decide to use the web option, then you won’t need to download metatrader. But if you do prefer the desktop version, you can download it directly from Skilling. Try videforex platform.
Skilling Review On Regulation
Forex brokers under regulatory compliance are also known for the option to leverage positions. However this is with the potential to increase your gains and profits. Yet, leverage works in both ways making profits and losses bigger likewise. For this reason, worldwide regulations restrict leverage to particular levels.
Leverage levels also defined by the entity you will trade through, as European regulation significantly lower allowed leverage for retail clients for 1:30, while professionals entitled to use higher level up to 1:200. More examples for European clients and from the UK you may see below.
Nevertheless, since Skilling made it proposal global via an international branch located in the Seychelles opening account with that entity will allow you to use higher leverage levels up to 1:500. Yet, be sure you learn well how to use leverage smartly and manage high risks involved.
Regulation and Licensing
Skilling is legit, fully regulated and authorised under CySEC. The Cyprus Securities and Exchange Commission, which is one of the primary reasons that Skilling is unable to offer any deals or promotions to new or existing customers – such deals are restricted in EU / EEA countries.
In order to broaden the global reach of the brand, they are also regulated by the FSA in the Seychelles.
Skilling also states that they work to protect their investors by conforming strictly to all regulatory requirements surrounding client account segregation.
Skilling also holds an Investor Compensation Fund (ICF) membership, further proving their commitment to meeting the necessary regulations for their customers.
Skilling’s online trading platform have a Secure Socket Layer (SSL). Ensuring all customer data is fully encrypted before transmission via the internet. This ensures customers are also safe from cybercrime and fraud in regards to both their trades and their deposited money.
Deposit And Withdrawal
Skilling broker offer you different deposit methods. You can choose from any of them and make payments with sure security. The available payments methodes are: Visa and Master Card, Trustly, skrill, neteler, klarna and swish. All these methods have a minimum deposits of £100, and withdrawal of £50. Except swish. However, the swish payment methods has £1000 minimum deposit and £500 minimum withdrawal.
In the process of our skilling review, we noticed that they offer service in 8 different language. However with that you can get support in your language. They offer live chat support, email support, phone support and FAQs. This support method are 24-7, and and always have answer to your questions. Compare broker with videforex platform.
Skilling Review Conclusion
Finaly we will conclude our skilling Review by telling you to trade with binarycent broker. Not that skilling is not legit but because we have more trust binarycent. However if you have more confidence in thi broker, then start trading with them. The broker have intuitive interface and user friendly service. You can check their knowledge base and see how to trade with confidence.
Therefore now that we have all it takes to make trading at skilling easy. You have to check out other trading platforms that is not reliable to avoid mistakes. Eoption Review.Visit Broker