Skilling Review 2026
Skilling is a Cyprus regulated CFD broker with tight spreads on its Premium account, yet it blocks UK and US traders and some Trustpilot users wait weeks for withdrawals.
Min Deposit
$100
Spreads From
0.0 pips
Max Leverage
1:30
Platforms
3
Pros
- Real CySEC license in Cyprus that we checked on the official register
- Five trading platforms including MetaTrader, cTrader and TradingView
- Extra account insurance up to one million euros through Lloyds of London
- Won Best Forex Trading Platform at the Global Forex Awards in 2022
- Premium account spreads from just 0.1 pips for active traders
Cons
- No tier one regulator such as the FCA, ASIC or NFA backs this broker
- Not available to traders in the UK, the US, Australia or Belgium
- Trustpilot reviewers report slow withdrawals tied to source of funds checks
- One trader says Skilling cancelled a large profit over an off market rule
- Premium account needs a 5,000 euro deposit to reach the tightest spreads
- Leverage reaches 1:500 through the Seychelles entity, far above the EU 1:30 retail cap
Skilling began in 2016 as Finovel Cyprus Ltd, founded by three Scandinavian entrepreneurs. It later took the Skilling name and won a CySEC license in Cyprus in 2018. A separate Seychelles entity serves traders outside Europe. Skilling does not accept clients from the UK, the US, Australia or Belgium.
Traders can choose Skilling Trader, cTrader, MetaTrader 4, MetaTrader 5 or TradingView, more choice than most rivals give. The Standard account needs only 100 euros and charges no commission, with spreads from 0.8 pips. A Premium account cuts spreads to 0.1 pips plus a small commission, but needs 5,000 euros to open. Retail leverage is capped at 1:30 under EU rules.
Skilling holds a 4.0 out of 5 score on Trustpilot from around 430 reviews, a solid but not outstanding result. Several 1 star reviewers say Skilling asked for extra proof of where their money came from, then took weeks to pay out. One trader also said Skilling cancelled a large profit, citing an off market trading rule.
Min. Deposit
EUR 100
Max Leverage
1:30 for retail clients in the EU, up to 1:500 through the Seychelles entity
Spreads From
0.1 pips on Premium, 0.8 pips on Standard
Platforms
Skilling is a CySEC-regulated broker founded in 2016 in Sweden, bringing a Scandinavian approach to online trading — clean design, transparent pricing, and a focus on the trader experience. The broker is also regulated by the FSA in Seychelles for international clients outside the EU.
With 1,200+ instruments across forex, stocks, indices, commodities, and cryptocurrencies, Skilling offers a solid product range. The broker's proprietary Skilling Trader platform is designed for speed and simplicity, while MT4 is also available for traders who prefer the classic interface.
Skilling's Premium account — requiring a $5,000 minimum deposit — provides access to raw spreads from 0.0 pips. The Standard account is commission-free from 0.7 pips, making it accessible for all trader sizes. Skilling is particularly popular in Scandinavia and across Europe, positioning itself as a modern, transparent alternative to legacy brokers.
Standard
Premium
70+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- CySEC (Cyprus)
- FSA (Seychelles)
