If you are thinking about opening an account with Skilling, you might be wondering if it’s the right choice for you. In this Skilling Broker review, we will take a closer look at the broker’s fees, trading platform, customer support, and pros and cons to help you make an informed decision.
Founded in 2016 in Cyprus, Skilling is a fairly newcomer to the industry. But in a short period of time, Skilling has taken the tradesphere by storm with their modern proprietary trading platform and the neat little mobile app that comes with it.
Regulated by:
The Cyprus Securities and Exchange Commission (CySEC – Cyprus)
The Financial Services Authority (FSA – Seychelles)
Pros and cons of skilling: A balanced assessment
Pros:
- Commission-free trading model
- Tight spreads
- Wide range of tradable instruments
- User-friendly trading platform and mobile app
- Free Demo account available
- Comprehensive educational resources
- Excellent customer support
Cons:
- Overnight financing fee
- No support for MetaTrader 5
Overall, Skilling provides a solid trading experience that is suitable for both novice and experienced traders. The broker’s pros far outweighs the cons making it an attractive choice for traders.
Skilling’s demo account, educational resources, and responsive customer support provide traders with the tools and support they need to improve their trading skills and knowledge.
Tradable instruments
Whether you want to trade forex, stocks, indices, or commodities, Skilling has a wide range of tradable instruments to choose from. Skilling boasts of a possible 26000+ trading instruments.
In terms of stocks, Skilling provides access to over 700 global stocks, including the world’s largest companies such as Apple, Amazon, and Facebook. Additionally, the broker provides access to a range of indices, including the S&P 500, Dow Jones, and FTSE 100.
Skilling broker fees & commissions
When it comes to fees and commissions, Skilling Broker is quite competitive. The broker offers a commission-free trading model, which means that you will not be charged any commissions on trades. Instead, the broker makes money through the spread, which is the difference between the bid and ask price.
Spreads can vary depending on the volume and market conditions. Skilling spreads start from 0.7 pips on EURUSD. But 0 commission for forex makes the cherry on the cake and a great offer from Skilling that is really worth looking into.
However, the broker charges an overnight financing fee for positions held overnight, which can be a disadvantage for some traders.
Skilling Broker Trading Platform
A main feature of Skilling is its proprietary trading platform which comes in the form a neat app for mobile devices. Modern and simple are the words to describe the “Skilling Trader” platform.
Skilling’s user-friendly trading platform is suitable for both beginners and experienced traders. The platform is available in web, desktop, and mobile versions, and it offers various features such as advanced charting tools, technical indicators, and risk management tools.
The mobile app is the star feature of the “Skilling Trader” platform. Click the big green button below to learn all about the “Skilling Trader” platform.
Skilling Broker Customer Support
If you are looking for a broker that provides responsive customer support and a wealth of educational resources, then Skilling may be the right choice for you.
Skilling Broker provides excellent customer support, with a dedicated support team available 24/5 through live chat, email, and phone. The broker also offers an extensive FAQ section on its website, which can help traders find answers to common questions.
Final Verdict on Skilling Broker
Overall, Skilling Broker is a reputable broker that provides a user-friendly trading platform, excellent customer support, and competitive fees. However, the broker does have some disadvantages, such as the overnight financing fee. If you are looking for a broker with a commission-free trading model and a user-friendly platform, Skilling Broker is definitely worth considering.
Skilling brokerage is a game-changer in the industry because of its outstanding platform, and innovative tools which make it the perfect choice. With features to suit all experience levels, it’s easy to see why Skilling is a popular choice among forex traders.
Don’t settle for less – choose Skilling and take your trading to the next level!
