Skilling Review: A Safe and Reliable Trading Platform

Skilling Review, Founded in 2016 Skilling is a superb global monetary trading venue and broker. It presents a range of markets for you, including stocks, FX, indices, commodities, and crypto coins. Based in Cyprus, this company is regulated by CySEC. This proves that it operates transparently and provides a safe trading environment. 

Thousands of retail investors worldwide are placing their trust in Skilling. So, they have become a popular choice for those looking to make money through trading. In this Skilling review, we’ll dive into Skilling’s platform and assess its undertaking in 2023.

Security and Regulation of Skilling

Skilling entered the scene with one mission. That mission is to make trading straightforward and available for all. Today, this broker has its main headquarters in Cyprus and offices in Spain and Malta.

They aim to build a comprehensive platform for investment and trading. Skilling’s team includes developing, specializing, and marketing. The company employs more than 70 people and provides state-of-the-art technology. Around 1000 financial instruments are available, and their pricing is transparent and low.

Skilling operates through two global entities. They are as follows:

• Skilling Ltd – operates under Cyprus Securities & Exchange Commission (CySEC) regulation,

• Skilling (Seychelles) Ltd – operates under the Seychelles Financial Services Authority (FSA) license.

Skilling Account Types

Let’s look at Skilling’s different account types. No matter what you’re looking to trade, Skilling has a range of account options that meet your needs.

These include the Skilling Demo account, Micro account, Mini, Standard, and STP account.

The Standard Class of accounts includes both Standard and MT4 options, with a minimum deposit cost of 100 EUR and spreads starting at 0.7 pips. This account type offers the largest selection of stock assets. It can be accessed through the CTrader and Skilling Trader platforms.

For those looking for a premium experience, the Premium Class includes both Premium and MT4 Premium accounts. These accounts need a minimum deposit of 5,000 EUR. They offer spreads starting at 0.1 pip and charge $35 per $1 million turnover.

Additionally, demo accounts are available for all account types. Demo accounts allow traders to check out and test their strategies before investing real money.

Trading Platforms Overview

Skilling’s MetaTrader 4 (MT4) trading venue is trusted by people globally. That’s a fact! It enables you to trade a lot of financial instruments like CFDs and more. This company includes MT4 which provides people with a customizable setting and cutting-edge tools for managing their trades.

With Skilling MT4, traders can access charting tools and online trading indicators. Additionally, it provides a Deal Desk-free trading environment, ensuring faster execution of trades. The platform is available on a range of devices, including web, Windows, macOS, iOS, and Android.

In addition to its customizable interface, Skilling MT4 provides advanced trading means such as indicators, Multi-Terminal, and AutoChart. These tools are designed to help traders analyze the markets and make informed decisions.

Overall, Skilling MT4 is a reliable trading platform with ample features and tools to support traders of all levels. Whether you’re a beginner or an adept trader, Skilling MT4 provides a user-friendly setting for trading a variety of financial assets.

Skilling – Trading Instruments Offered

Skilling offers various trading instruments to its clients. These contain currency pairs, CFDs on stocks, energies, indices, and precious metals. Skilling also offers ten crypto coins – Ripple, ETH, LTC, and Bitcoin. Widespread and minor currency pairs are available for trading as well. 

Skilling provides access to 900+ global assets. They are as follows:

• Commodities – 6 commodities, including gold, silver, oil, and natural gas
• Cryptocurrency – Bitcoin, Ethereum, Litecoin, and Ripple
• Currencies – 73 currency pairs, including USD/CAD, GBP/PLN, EUR/JPY, and GBP/AUD (53 available on MT4)
• Stocks – Speculate on 760+ global companies, including Amazon, Apple, Facebook, Google, Tesla, and Uber

Note: It’s worth noting that there are many other legitimate brokers aside from Skilling, such as Axiory and more.

Deposits and Withdrawals 

Skilling provides various payment methods for its clients, depending on their location. To check the available options, simply go to the Skilling member’s area. Besides, you can find funding and withdrawal options specific to your region on the Skilling website.

If you’re opening a Standard account, the minimum deposit requirement is 100 EUR, GBP, USD, or 1000 NOK or SEK. But if you want to open a Premium account, the cost is 5,000 EUR, GBP, USD, or 50,000 NOK or SEK.

Skilling accepts a range of payment methods, including bank transfers, Visa/Mastercard cards, Skrill, FasaPay, Klarna, Swish, WebMoney, and Neteller. Yet, sadly, they do not currently support cryptocurrency payments.

Deposits and withdrawals are typically free, but some payment methods may incur third-party fees. This company may also charge up to 2.9% for Neteller and Skrill transactions. Most deposits are processed instantly, and withdrawals usually take one business day. However, processing bank wire transfers may be delayed for 2-7 business days.

So, Skilling offers a variety of payment options to make it easier for clients to fund their accounts and withdraw. You’ll need to meet the minimum deposit requirements depending on your account type. Additionally, Skilling may charge fees for some payment methods, and processing times may vary.

Educational Resources

If you’re considering trading with Skilling, please understand how to use their trading tools and how to analyze the markets. To help you succeed, Skilling provides a wealth of educational resources that are available to all users.

Before diving into trading with Skilling, it’s a wise idea to learn about the financial markets and the Skilling trading platform. You can familiarize yourself with the platform’s tools, features, and market insights. Besides, you can practice trading during global trading hours to build confidence and gain experience.

Effective risk management is also crucial to successful trading. Skilling provides traders with several tools to manage risk, including stop-loss orders, diversification, and position sizing. Using these techniques can help traders manage risk while maximizing profit potential.

By learning and practicing with Skilling, you can develop the analytical skills needed to succeed in trading. Take your time to explore the Skilling platform at your own pace. Practice with a demo account, and hone your skills before you start trading with real money. Their educational resources and practice accounts are a great way to train yourself to think logically and systematically about the markets.

In conclusion, Skilling offers numerous educational resources to help traders succeed. These resources include learning about the financial markets and the Skilling platform to practicing with demo accounts. By taking advantage of these resources, traders can improve their analytical skills and learn how to manage risk effectively. So, get started with Skilling today, and start your journey towards prosperous trading!

Customer Service

During our reexamination of Skilling, we took a closer look at their customer service to gauge their level of helpfulness. We were pleased to discover that the Skilling platform supports many languages. This makes all things accessible to traders from all over the world. 

Some of the languages supported by Skilling include English, Spanish, Czech, Chinese, French, Italian, German, Polish, Portuguese, Romanian, and Turkish. This means that users can communicate with Skilling’s customer service team in their preferred language, enhancing the overall user experience.

We also wanted to evaluate how quickly Skilling’s customer service team responds to inquiries and resolves issues on the trading platform. While Skilling’s customer service team is responsive, we noted that support is only available Monday through Friday, from 04:00 am to 10:00 pm CET. However, during these hours, Skilling’s team is available to assist traders via chat, email, and call.

All in all, our review of Skilling’s customer service found that the platform offers incredible support in a variety of languages. Although support is only available during certain hours, Skilling’s customer service team is responsive and helpful when available. Skilling’s commitment to providing a positive user experience is evident.

Skilling Overall Summary

Skilling is a top-rated FX trading platform, just like Libertex, and many others. This establishment offers many assets to trade in, including indices, forex, stocks, commodities, and crypto. Also, this platform is an ideal choice for traders of all levels who seek a safe and superb trading setting. One of the most impressive things about Skilling is its UI-friendly interface. This interface allows users to easily navigate through the website and access various markets.

Skilling provides users with a broad range of payment options, making it easy to deposit and withdraw funds. Additionally, Skilling offers extensive educational resources, including video tutorials, webinars, and guides to help traders improve their trading skills. The platform supports multiple languages, making it accessible to traders from all over the world.

Skilling is regulated by two of the most respected regulatory bodies in the industry, the CySEC, and FSA. This regulation ensures that Skilling operates transparently, offers a safe trading environment, and is held accountable for misconduct. With these licenses, traders can be confident in the legitimacy of Skilling as a trustworthy and reliable trading platform.

Last but not least, Skilling is an excellent online trading platform for traders looking for a user-friendly and nice trading experience. With a broad range of markets, payment options, educational resources, and regulatory oversight, Skilling is an outstanding choice for both novice and experienced traders.

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