Skilling is an innovative Scandinavian fintech company purposing to provide a safe and transparent trading platform that is simple to use and easily accessible to everyone, regardless if you are a seasoned pro or still a novice.
Started in 2016, the company introduced its native trading platform in 2018, and you can now use it to trade over 900 forexes and CFD financial instruments. With offices located in multiple regions including Seychelles, Cyprus, London, Malta, and Spain – working to better its products and your experience, Skilling is a platform worth checking out.
Account Insurance up to €1 Million
Skilling insures clients’ funds above the threshold as per the Investor Compensation Fund (ICF) in the unlikely event of insolvency to give you peace of mind. The €1,000,000 insurance is included in an individual’s Skilling’s account purchased from the Lloyds of London which is one of the leading providers of specialist insurance.
This policy took effect on 1st February 2023 and is automatically available to all retail clients covering cash, all CFD positions, and securities. See it for yourself!
Regulated with top-notch security
Nothing rivals the comfort of knowing you are dealing with an honorable and trustworthy partner. Skilling is fully compliant with the sector’s governing statutes and regulated by top financial bodies like CySEC, FSA, and FCA. The company is transparent in its dealings and has no hidden charges.
All fees are also displayed in your account currency. Skilling has no middleman hence your orders will be executed extremely fast. For the most demanding traders, the company has their needs covered with the Skilling cTrader, an advanced trading platform that offers advanced risk management and order functionality, a larger range of indicators, and algorithmic trading with C# and .net.
Skilling is a fully licensed and certified company regulated by different financial bodies, so you can rest assured that all your transactions are safe. The company has incorporated industry-standard intrusion detection systems to bar third parties from accessing its DBs or servers. Furthermore, your funds get stored in a segregated account only accessible to you.
Skilling gives you seamless access to various financial markets from a single trading platform at any time. Trade CFDs easily in over 800 instruments through several platform options, including the web-based site, Skilling’s mobile trading app for Android and iOS devices, cTrader, MT4, and Copytrader. Skilling gives you access to various asset classes to choose from, such as forex, metals, energy, stocks, indices, ETFs, and cryptocurrencies.
Traders can find over 50 crypto pairs and more than 70 fiat currency pairs, including major, minor, and exotic options. You can trade on the go or from the comfort of your home and enjoy quick market analysis using quality charts and ultra-fast order execution. Also, Skilling lets you choose your preferred language for a more immersive and worthwhile experience.
Number of instruments: 872+ instruments
Description: Sign up to one of the best and most easy-to-use crypto platforms!
Risk warning: 80% of retail investor accounts lose money.
Low transaction costs
A reasonable return on investment (ROI) demands low transaction costs, which is one of the major selling points for Skilling. The CFD trading platform lets you part with a low initial deposit of €100. Also, you won’t be charged any deposit or inactivity fee while using the platform, though withdrawal fees vary with your chosen payment method.
The platform covers the trading costs via Visa and Bank Transfers allowing you to focus on analyzing and taking different trade positions. If you choose to use e-wallets like Neteller and Skrill, there might be a charge of up to 2.9%. You can also leverage using extremely low amounts compared to the underlying asset which can significantly increase your winnings or losses.
Easy crypto trading
The online trading platform is also home to cryptocurrency. You can go long or short in over 50 different crypto CFDs anytime using Skilling with no wallet requirements. The platform further offers an enticing 50:1 leverage and a minimum margin requirement of below ~3$.
Trading fees and pricing modes rely on spread charges, with the platform offering the lowest spread in the crypto trading environment, making it highly suitable for all crypto traders.
Quality customer support infrastructure
The cornerstone of any top-ranking establishment is its quality customer care service. Skilling hasn’t been excluded from the list yet as it provides you with multiple support facilities such as live chat, WhatsApp, Facebook Messenger, Telegram, and Line, where you can easily access experienced personnel for expedient resolution of issues and concerns.
The company supports multiple languages and uses a client-focused approach to ensure you have an unmatched experience while using its services. You can also contact the support staff via telephone.