Skilling is this a scam? Review and Customers Reviews

Skilling – Scandinavian Forex broker which offers a secure environment for trading more than 900 financial instruments. The services of this fintech company have been available since 2016 to both experienced traders and beginners. The main goal is to make Forex trading easy and accessible for everyone.

Skilling Group has offices in Seychelles, Cyprus, Malta and Spain. You can trade assets on your computer, tablet or smartphone by downloading the app from Google Play or App Store. The unique trading platforms are designed for traders of all levels, from beginners who have never traded to professionals. In our review, let’s find out if Skilling is a reliable organization. Or is it just another online scam.

 

Terms of trade with Skilling

Skilling’s trading conditions are designed to take trading to the next level. On the platform skilling.com. You can trade currency pairs, stocks, indices, cryptocurrencies, commodities and even commodities (from oil and gold to wheat and coffee). Trading conditions:

• more than 900 Forex and CFD trading instruments;
• 4 types of accounts – Standard, Premium, MT4, MT4 Premium;
• Min amount of the first deposit 100 EUR;
• competitive spreads from 0.1 pip;
• No commissions or hidden fees;
• demo account for virtual asset trading;
• easy account registration in a couple of minutes;
• a reference center for training exchange players;
• automatic copying over 1000 strategies;
• customer support on weekdays from 04:00 to 22:00 CET.

Skilling has four trading platforms available:

• MetaTrader 4. A well-established trading platform, automatic trading with the help of Expert Advisors, a huge variety of technical indicators.
• TradingView. Powerful charts and indicators, multi-platform functionality, effective trading ideas.
• Skilling Trader. Convenient and intuitive trading experience, full web and mobile support, super-fast order execution.
• Skilling cTrader. Advanced risk management, order functionality, large selection of indicators, algorithmic trading with C# and .net.

As we can see, the Forex broker offers two world-renowned and two innovative terminals. These are author’s trading software, which are constantly being improved. The Standard account is designed for beginners. The account with zero commission is available on Skilling’s own platforms with spreads from 0.7 pips. Premium account differs from the standard account in the spreads (from 0.1 pip) and is also subject to trading volume commission (35 $ for 1 million $ turnover). Taking into account the low spreads, the starting deposit is higher – from 5000 €.

 

Website skilling.com

Information portal skilling.com is the official website of the broker. It is presented in 13 languages – English, German, Italian, Spanish, French, etc. But there is no version of the resource for the Russian-speaking audience. The site is characterized by an intuitive and user-friendly interface. All the information is structured by sections:

• About Us (About the Company).
• Trade.
• Markets.
• Platforms.
• Reference Center.

The site provides the broker’s contacts and answers to relevant questions. Opening an account with Skilling is very easy: you need to register, pass the verification procedure, and you can start trading. Refill the deposit and start trading on global financial markets.

 

Demo account Skilling

At skilling.com there is a demo account. To open it, create an account, log in to it and go to “My Account”. A demo account helps beginners learn how to trade, while experienced traders test new strategies in a risk-free environment. It gives full access to the platform, including video content with profile articles. The demo account features real market conditions and prices, but keep in mind that they don’t always reflect everything accurately. Especially in periods of high volatility or illiquidity – at market openings, news releases.

 

Deposit and withdrawal

Skilling offers the following deposit/withdrawal methods:

• Bank card (Visa/MC).
• Payment systems are Webmoney, Skrill, Neteller, Klarna, MiFINITY, AstroPay, Binance Pay.
• Bank Transfer.

Skilling’s financial department is open Monday through Friday from 06:00 to 15:00 UTC (DST +1). For deposits, withdrawals via Neteller and Skrill the broker is entitled to charge a commission of up to 2.9%. For operations by means of bank transfers the commission is not charged.

 

Bonuses at Skilling

Skilling has regular special offers, bonuses and promotions.

Welcome Bonus

You will automatically receive a $30 bonus on your verified trading account as soon as you make your first deposit. Any amount received when trading with the bonus can be withdrawn.

Cashback program

Get up to $10,000 cashback per month. The discount level resets on the 1st of each month. This is an ideal solution for active stock players. Earn and withdraw profit to your account at each closed transaction.

Zero Zero” special offer

Trade popular instruments with zero spreads and zero commissions. This feature is only available for a limited time. You can go from zero to hero!

Affiliate Program

Website or blog owners, media persons, marketers can get up to $800 per conversion. You need to promote skilling.com on your sites or in social networks and direct potential customers to this site. Partners will find a competitive fixed-rate model, flexible payment options, and 24/7 performance monitoring. You can make good money with Skilling, depending on the commission structure you choose.

 

Complaints about Skilling

In 7 years of work the broker has accumulated a lot of reviews. Among them there are both positive and negative reviews. More often clients write that skilling.com is a reliable platform for investing in the future. Some in the comments are interested in how automatic trading works. And also praise the work of the support service, which quickly solves any issues, up to and including problems with cards when withdrawing earnings.

It does not go without negatives either, as with any company on the financial market. Some clients accuse the broker of cheating, fraud. There are accusations that Skilling often lies. For example, it closes accounts with false information or withholds earnings for several weeks on withdrawal. They also complain about problems with violation of privacy policy, refusal to delete an account or personal data.

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Skilling broker regulator

The head office of Skilling Ltd is located at Suite 4G, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. The company is supervised by 2 regulators:

• FSA Financial Services Authority, License No. SD042
• Cyprus Securities and Exchange Commission CySEC, license number 357/18

The presence of a license indicates the reliability and honesty of the organization. With a regulated broker, clients’ funds and personal data are completely safe. In addition, private traders are warned about the complexity of CFD instruments. There is always the risk of rapid loss of your money when trading financial assets. This should be understood even before the moment of account opening and initial deposit.

View the Skilling license on the CySec website

 

Is Skilling a Scam?

Forex broker Skilling fully licensed and regulated by the FSA and CySEC. The company has offices in Seychelles, Cyprus, Malta and Spain. All contact information is publicly available, the support service is always in touch on weekdays. That is, the broker conducts open and transparent activities and does not hide itself from its clients.

A choice of modern platforms, an easy-to-use trading application helps you trade the world’s best financial products. And at any time and at any place. More than 900 Forex and CFD trading instruments are available, from currency pairs to cryptocurrencies. As well as modern, intuitive trading terminals.

The broker offers exchange-oriented solutions, customer-oriented service, excellent trading conditions, and hassle-free transactions. There is a demo account, which is designed for practicing trading before opening a real account. If you study the reviews of private traders, you can see the honesty of the site skilling.com. This project cannot be called a scam.

 

Conclusion

To wrap up the review, let’s summarize: Skilling is not a scam or fraud. This is a reliable Scandinavian forex broker, which guarantees its clients safe and efficient trading. The company has licenses of regulators, i.e. its activity is legal. Traders’ funds and personal data are completely safe with a regulated broker. No commissions, hidden fees, unexpected conditions. Successful trading comes down to tight, transparent pricing. The world’s most popular financial instruments are available at skilling.com, with the best trading conditions.