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Software Comparison » Skilling Review

Skilling Review 2024: Comprehensive Trader Insights & Broker Ratings

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Skilling
Favicon
Rating follows
Account Fee
0,00€
Order Fee National
0,04%
Order Fee International
0,04%
Deposit Protection
20.000,00€
-
T&Cs apply, 18+
Skilling
Favicon
Rating follows
Minimum Deposit
100,00€
Deposit Protection
20.000,00€
Amount of Currencies
10
BTC/USD Spread
0,2
-
T&Cs apply, 18+
Skilling
Favicon
Rating follows
Minimum Deposit
100,00€
Deposit Protection
20.000,00€
Trading Costs
from 0,04%
Mini Contracts
Yes
-
T&Cs apply, 18+
Details

Online trading can be an intricate endeavor, but Skilling has emerged as a platform that simplifies this complexity with its intuitive design and comprehensive trading tools.

Skilling, established in 2016, has quickly carved out a space for itself as a trusted broker, regulated by multiple economic authorities. With a focus on user experience and education, the platform offers a variety of accounts and tools to cater to both novice and professional traders. This review will detail the specifics, evaluating everything from Skilling’s platforms to its regulatory framework, ensuring traders have all the information they need.

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Skilling: Pros & Cons
  • Attractive Bonus Offer
  • Clear Platform
  • Advanced Charting Tools
  • Comprehensive Mobile App
  • Regulated and Secure
  • Limited Instrument Range
  • No Bond Trading
Payment Methods
Bank Transfer
Skrill
Neteller
+
License
CySEC - Cyprus Securities and Exchange Commission
Company
Skilling Ltd.
Founded
2019
Website
skilling.com
Available Languages
EN
ES
+
Customer Support
Live Chat, Phone, Email Support
Phone
+44 208 080 6555
Overall Rating
Rating follows
  • Usability, Look & Feel
    3.6/5
  • Payment Methods
    3.8/5
  • Customer Service
    3.8/5
Last Updated on April 16, 2024

Trading Usability - Great Modern UX

During my exploration of Skilling for this review, I was immediately struck by the platform’s modern user experience. Navigating through Skilling’s trading environment, I found the interface to be remarkably intuitive, which is a significant plus for traders of all levels. From the outset, the clean design and straightforward layout made it easy to find the various instruments and features I was looking for.

As someone who has conducted numerous platform reviews, from eToro to Capital.com, I can confidently say that Skilling stands out. The platform is clearly designed with the user in mind, offering a seamless transition from section to section without any overwhelming clutter or confusion.

For new traders, Skilling provides an array of educational resources, which I found to be both accessible and informative. The educational content is well-structured, making it simple for beginners to start learning about the markets and develop their trading skills. This commitment to trader education further reinforces the impression that Skilling is a good and supportive broker for newcomers.

Moreover, the in-house platform, Skilling Trader, along with popular platforms like MetaTrader 4, caters to advanced traders who require a more robust trading environment. I noticed that Skilling’s platform did not sacrifice depth for simplicity, managing to offer advanced charting tools and analysis without making the platform feel intimidating.

In my rating and test of Skilling, I experienced no signs of a Skilling scam; instead, I encountered a trustworthy platform that prioritizes user-friendliness and comprehensive support. Whether you’re just starting out or have been trading for years, Skilling’s usability is designed to provide a smooth and efficient trading experience.

Trading Mobile App - Seamless Trading on the Go

I took the opportunity to detail their mobile app, and I must say, the experience was quite impressive. Skilling’s mobile app is a robust tool that caters to traders who need to manage their portfolios on the move. I found the app to be a streamlined reflection of the desktop experience, maintaining the same level of functionality and ease of use that Skilling is known for.

Navigating through the app, I noticed it offers a comprehensive set of trading tools. The ability to analyze charts, access real-time quotes, and execute trades is all smoothly integrated into the mobile interface. For traders who rely on technical analysis, the app provides a range of indicators and drawing tools that are essential for on-the-go analysis.

One aspect that stood out to me was the app’s responsiveness. Whether I was checking the performance of cryptocurrencies or adjusting Forex positions, the app reacted promptly, with no noticeable lag. This efficiency is crucial for traders who need to respond quickly to market changes, and Skilling delivers on that front.

While the mobile app is feature-rich, it does not overwhelm. The design is clean, and the user interface is intuitive, making it accessible even for those who are new to mobile trading. I experienced the app on both Android and iOS devices, and it consistently offered a seamless trading experience.

The app does have its limitations, as all mobile platforms do, when compared to the full desktop version. For instance, the smaller screen size can be a challenge for in-depth chart analysis. However, Skilling has done an excellent job of optimizing the available space and functionality.

In my Skilling rating and test, I found no evidence to suggest a Skilling scam; instead, I discovered a mobile app that betters the trading experience for active traders. Whether you’re comparing Skilling to eToro, a VT Markets Review or even a Kraken review, Skilling’s mobile app stands strong as a reliable and efficient platform for trading in the markets.

Trading Bank Accounts - Simple Transactions

I took a closer look at how the platform integrates bank accounts into its trading system. I found that Skilling supports a straightforward process for linking bank accounts, which is a vital feature for efficiently managing financial transactions. Traders can easily connect their bank accounts to deposit funds or withdraw their earnings, and I noticed that Skilling accepts various types of bank accounts, which is quite accommodating.

The security measures in place are robust, giving me the confidence that my financial details were well-protected. Skilling employs industry-standard encryption and verification processes to safeguard users’ information and transactions. Additionally, the transfer times are reasonable, with deposits typically credited within a few business days, depending on the bank and country.

One of the key aspects that betters the trading experience on Skilling is the seamless integration of bank accounts with the trading platform. This integration allows for quick transitions between analyzing markets and executing trades to managing the capital in your account. However, it’s important to note that while Skilling does not generally charge a withdrawal fee, there might be instances where fees apply, especially when there’s no recent trading activity or for additional withdrawals within a month.

Throughout my Skilling rating and test, I experienced no issues that would indicate a Skilling scam. Instead, I found the bank account integration to be a reliable and convenient feature that complements the overall trading experience. Whether compared to my eToro review or a Capital.com review, Skilling stands out for its simple financial transaction processes. It’s clear that Skilling is a safe and legit platform that prioritizes the needs of its traders, making it a good choice for those who value efficiency and security in their trading activities.

Trading Regulation & Deposit Insurance

I delved into the regulatory framework and deposit insurance mechanisms that Skilling adheres to, as these are critical components for any trader’s peace of mind. It’s reassuring to confirm that Skilling is a regulated broker, which automatically elevates its status in the eyes of cautious investors. The broker is regulated by several reputable bodies, including the Cyprus Securities and Exchange Commission (CySEC), the UK’s Financial Conduct Authority (FCA), and the Financial Services Authority (FSA) in Seychelles.

What does this mean for traders? Essentially, it indicates that Skilling is subject to strict regulatory standards and must adhere to high levels of financial conduct. I found that Skilling takes its compliance obligations seriously, implementing robust safety measures to protect trader funds. This includes keeping client funds in segregated bank accounts, separate from the company’s operational funds, which is a crucial safeguard.

Moreover, the presence of deposit insurance through Skilling’s compliance with the Investor Compensation Fund scheme adds an extra layer of security. This means that in the unlikely event of financial failure, traders may be eligible for compensation, which significantly boosts trader confidence.

In my experience, these regulatory credentials and the deposit insurance are not just formalities; they are pivotal in establishing a broker’s reliability and trustworthiness. Knowing that Skilling operates under such stringent regulations helps to dispel any concerns about a potential Skilling scam. In my Skilling rating and test, I found that the platform’s commitment to regulation and trader protection measures is commendable and places it on par with other trusted brokers like eToro and Capital.com.

Trading Additional Features

I was particularly drawn to the additional features that this platform offers. It’s clear that Skilling goes beyond the basics of trading to provide a more enriched experience for its users. One standout feature is Skilling’s advanced charting tools, which are a haven for technical traders. I found these tools to be incredibly detailed, allowing traders to perform in-depth market analysis with ease.

Another impressive aspect is Skilling’s social trading options. This feature enables users to follow and copy the trades of experienced investors. For me, this is a game-changer, especially for new traders who are still finding their footing. It’s a learning opportunity as much as it is a trading strategy, fostering a community where knowledge and strategies can be shared.

The educational resources available on Skilling are worth mentioning too. I noticed a wealth of materials that cater to both beginners and seasoned traders. From webinars to e-books and tutorials, Skilling invests in the knowledge base of its clients, ensuring they are well equipped to navigate the markets.

What’s more, Skilling has managed to integrate these features into a platform that remains uncomplicated and approachable. Whether you’re comparing Skilling to eToro, Capital.com, or even conducting a Kraken review, it’s evident that Skilling values a balance between sophistication and simplicity.

In my Skilling rating and test, I experienced a platform that is safe, legit, and clearly designed with the trader’s growth in mind. While I can’t say that there’s no risk—after all, no trading endeavor is without its dangers—I can affirm that Skilling provides the tools and resources to make informed decisions. The additional features of Skilling make it a compelling choice for those seeking a comprehensive trading platform.

FAQs

🔒 How does Skilling ensure the security of my investments?

During my Skilling review, I experienced firsthand the platform’s commitment to security. Skilling is regulated by several authorities, including CySEC, FCA, and FSA, which mandates strict compliance and operational standards. Moreover, they offer investor protection by keeping client funds in segregated accounts and provide coverage under the Investor Compensation Fund scheme, reinforcing the notion that Skilling is safe and legit.

📈 What trading platforms does Skilling offer, and are they user-friendly?

I found Skilling’s trading platforms to be quite impressive. They offer their proprietary Skilling Trader platform, which boasts a sleek and customizable interface, and MetaTrader 4, known for its advanced analytical and automated trading tools. Both platforms are designed with the user in mind, ensuring that whether you’re a beginner or a pro, you’ll find the platforms accessible and efficient. This aspect of my Skilling rating and test showed that the broker provides a seamless trading experience.

🔄 Can I practice trading on Skilling without risking real money?

Yes, Skilling offers a demo account that I noticed is perfect for beginners or those looking to refine their strategies without financial risk. This feature allows you to familiarize yourself with the platform and practice trading in a simulated environment, using virtual funds. It’s a testament to Skilling’s dedication to user education and a safe trading experience.

📊 Is there a minimum deposit required to start trading with Skilling?

In my test of Skilling, I noticed that the broker is quite accommodating when it comes to account funding. The minimum deposit required to start trading is $100 for their Standard account, which is relatively low and accessible for most traders. This low entry barrier is part of what makes Skilling a good option for those new to trading or with limited capital.

📱 Does Skilling offer a mobile trading app, and is it efficient?

Absolutely, Skilling provides a mobile trading app for both Android and iOS platforms. I found the app to be a seamless extension of the desktop experience, offering robust trading tools, real-time data, and swift execution. The app’s design is intuitive and user-friendly, making it suitable for trading on the go. My Skilling review of the mobile app confirmed that it’s a reliable and efficient tool for managing trades anywhere, anytime.

Verdict - Skilling Shines as a Trading Partner

In my comprehensive venture through Skilling’s offerings, I found that this broker stands as a beacon of reliability and innovation in the crowded sea of online trading platforms. My Skilling review has led me to conclude that not only is Skilling safe and legit, but it also excels in providing a user-centric trading experience that caters to both novice and experienced traders.

From the intuitive interface of the Skilling Trader platform to the analytical prowess of MetaTrader 4, Skilling has crafted an environment where functionality meets simplicity. I was particularly impressed with the seamless mobile app, which ensured that my trading activities were always at my fingertips, regardless of where I was.

Throughout my Skilling rating and test, I experienced no red flags or hints of a Skilling scam. Instead, I encountered a platform that operates with transparency and is backed by stringent regulatory oversight. The absence of deposit fees and the presence of negative balance protection are just a few of the facets that highlight Skilling’s commitment to its clients’ best interests.

Comparing Skilling to other brokers I’ve reviewed, such as eToro, Capital.com, and even VT Markets, I noticed that Skilling doesn’t just match up; it often surpasses them with its unique blend of features and trader support. While I cannot say that trading is without risk, Skilling provides the tools and safeguards to approach the markets with confidence.

Is Skilling good or bad? My verdict is clear: Skilling is an excellent all-rounder that prioritizes the needs of its traders. With a robust platform, comprehensive educational resources, and a dedication to security, Skilling stands as a top-tier choice for anyone looking to navigate the world of online trading.

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Our Team
Lucas AziSara Bello
Lucas Azi
Editor
Sara Bello
Editor

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