In 2016, the company S50 developers organized the company Skilling . The team offered customers a simple trading platform, the market is made as clear as possible. The broker specializes in trading CFDs and other assets.
The company is regulated by two regulators at once, this is the FSA regulator in the Seychelles and the CySEC regulator in Cyprus.
At the same time, the company guarantees the safety of customers’ funds even in case of liquidation of the company this is done due to the fact that the company participates in the ICF compensation fund.
The trading platform offered by the company was developed independently, the platform is designed to work through a variety of browsers, it is quite comfortable and full of useful tools: About 70 indicators, several charts and convenient timeframes.The platform contains several charts, for better visualization of all processes, as well as possible to view financial information, including transactions and account balances. The platform has filters that allow you to select the necessary asset for trading, advanced analytical capabilities are also present.
As mentioned above, the trading platform works fine on virtually all modern browsers, despite this, the company has also released a mobile application for clients who do not have the opportunity to work from a desktop computer.
Assets offered by Skilling
Currency pairs – the company offers earnings on a variety of currency pairs, there are more than 70 of them, including standard ones such as Euro/Dollar, I American dollar/Canadian dollar, British pound/Australian dollar, and many others.
Cryptocurrencies Bitcoin, Ripple, Etherium, some others
Indices – the most basic indices are offered; there are over 10 of them, including the famous DAX, NASDAQ, FTSE
The commodities group is represented mainly by precious metals, oil and gas.
CFD Stocks are available in about 300 versions including shares of world leaders such as Microsoft Tesla Amazon
Commissions and Fees
Recently the company changed its commission policy, now spreads start from 0.7 pips on basic accounts, if you want to get the spreads from 0.1 pip, you should open the premium account with the minimum trading account from 5000 dollars. There is a 0.006 percentage point commission on the premium accounts.
The spreads the company offers on Bitcoin and Etherium are significantly lower than the general market spreads and are 0.2%, and 1.6% respectively.
There is a commission of about 10 euros per month for trading accounts and, on which there was no action for the past year, and the commission for the withdrawal of profits by the company was canceled.
Standard, the company offers 1: 30 leverage. This is not the highest in the market, however it will save you from many risks. If you think you have enough experience and are willing to trade large volumes, you are free to contact the company and ask for professional status, this will allow you to increase your leverage.
For mobile trading, Skilling has developed an application that can be downloaded free of charge from the company’s app stores for iOS and Android. They look as much like desktop terminals as possible.
The company recently announced the signing of agreements with cTrader, which means that you can freely move and trade on two platforms within one account. There is no need to fund your balance twice.
Skilling offers several options for funding your account, including bank transactions and payments by Visa and Mastercard, as well as electronic deposits via Skrill and Neteller.
There is a limit on the minimum amount of deposit 100 euros, if you are the owner of the premium account, then the minimum amount to start work is 5000 euros.
Methods of depositing your trading account are increasing, just recently Swish and Klarna were added.
However, for those who like to work with the cryptocurrency, we must say that this payment method is temporarily not supported, as well as it is impossible to deposit to your trading account using the PayPal system.
The company does not charge for depositing to your trading account, it does not depend on the method.
No one is surprised by demo account, which is offered to clients. Skilling offers a demo account with a $10,000 balance.
While using a demo account does not require any registration, it will help customers become familiar with the platform’s features, tools, and analysis capabilities. If you decide to sign up for a live account, all you need to do is provide the information to verify and replenish your balance.
Bonuses and offers
About working under the supervision of the Cyprus regulator, the company has no right to attract customers with various bonuses and promotional offers.
You can use a watch list for certain assets, you will be offered a number of tools, a search box. This adds to the functionality of the platform because you can customize such a list according to your preferences.
You get access to the most interesting financial markets thanks to a filter where you can select an asset according to volatility, transaction volume and so on.
The company offers the Skilling Trade Assistant tool that helps new clients quickly learn how to trade on the financial market. The program allows you to direct the trader to the trading asset that he needs at the moment and helps to determine the process.
As for the news, it offers the most relevant sources, the news that have a significant influence on the market movements.
Trading account options
The company offers only two types of account for trading through its own platform.
The standard account-is suitable for beginners in the financial market; in order to start trading, it is necessary to deposit at least $100 or equivalent.
Premium- this type of account is designed for professional participants of the market, to register you need to contact the company, as a rule, it’s impossible to open this type of account through the Internet. The minimum deposit to start trading is $ 5000 or the equivalent in another currency.
The company works from 8:00 to 21:00, you can contact through online chat or fill out the feedback form on the website.
Personal data protection
The company cares about the safety of its customers’ data, so all data is stored in encrypted form, as well as all transactions are encrypted.
Also, the company has cybersecurity specialists in its staff, this allows a fairly quick response to external threats.
Skilling is a company that will suit beginners and experienced customers alike, trying to keep up with the growing market. Some may feel that the spreads are not the lowest, but the company makes up for it with a good set of features for trading without charging extra money.
The number of trading assets available on the platform can satisfy even the most demanding trader.