Skilling.com Fees, Spreads and Commission vary according to the account type the trader uses. Skilling.com spread list starts from 0.01 pips. Leverage ranges from 1:500. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $100 USD / R1600 ZAR.
Skilling.com at a Glance
| Broker's Name | Skilling.com |
|---|---|
| 📍 Headquartered | Nicosia, Cyprus |
| 📅 Year Founded | 2019 |
| ⚖️ Regulating Authorities | CySEC |
| 🌐 Countries not accepted for trade | Not indicated |
| 📌 Accounts | -Standard -Premium -MT4 -MT4 Premium |
| ☪️ Islamic Account (Swap Free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | 50 EUR |
| 💳 Spread | 0.01 pips |
| 💳Fees | No Deposit or withdrawal fees |
| 💳 Deposit Options | Skrill, Neteller, VISA and MasterCard, Bank wire |
| 💳 Withdrawal Options | Skrill, Neteller, VISA and MasterCard, Bank wire |
| 💻 Platform Types | Skilling Trading Platform |
| 📱 OS Compatibility | Mac, Windows, for browsers Chrome, Firefox and Internet Explorer. |
| 📈 Tradable Assets | Forex, CFDs, commodities, currencies, shares, indices, WTI Oil, Brent, and 5 cryptocurrencies |
| 👨💼 Languages supported on Website | German, Swedish, Norwegian and English |
| 👥 Customer Support Languages | German, Swedish, Norwegian and English |
| 📆 Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 100
Regulators
CySEC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
73
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Skilling.com below.
Skilling.com Fees, Spreads and Commissions – 7 key point quick overview:
Skilling.com at a Glance- Skilling.com Overview
- Skilling.com Additional Trading Fees
- Skilling.com Broker Fees
- Skilling.com Pros and cons
- Skilling.com Conclusion
- Frequently Asked Questions
Skilling.com Overview
Traders with Skilling can expect the following spread list:
Spreads are tight overall, averaging at 0.7 pips on the Standard Account and going as low as 0.1 pip on the Premium Account.
Added to this, Skilling charges no commissions on any of its assets or instruments.
Skilling.com Additional Trading Fees
Skilling charges swap fees, also referred to as overnight fees, on positions held open overnight. These accrue as interest which can be either debited from or credited to the trader, depending on the nature of the position.
Skilling does not offer the option of an Islamic account for traders of the Muslim faith, for whom this type of interest is strictly prohibited.
While Skilling does not charge deposit fees or withdrawal fees, the broker does maintain the right to impose a Fee up to 2.9% for Neteller and Skrill at its sole discretion.
Skilling accepts deposits in all major currencies, such as USD, EUR, and GBP. Traders depositing in smaller currencies, like ZAR/Rand, will therefore likely incur conversion fees when funding their account.
These fees should be monitored as they can accumulate against your withdrawals over time.
Skilling.com Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As Skilling is not a spread betting broker, so spread betting fees will not apply.
Skilling.com Pros and cons
| ✅ Pros | ❌ Cons |
| Segregation of client funds | MT4 not provided |
| The demo account does not expire | No bonuses offered |
| Commission-free trading available | Demo account cannot be opened without first registering as a client |
| Excellent customer support | No Islamic Account is available |
Skilling.com Conclusion
Overview, Skilling.com Fees, Spreads and Commission vary according to the account type the trader uses. Skilling.com spread list starts from 0.01 pips. Leverage ranges from 1:500. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $100 USD / R1600 ZAR.
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Min Deposit
USD 100
Regulators
CySEC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
73
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
Does Skilling.com charge a commission?
No, Skilling.com charges no commissions on any of its assets or instruments.
What are the withdrawal fees for Skilling?
A scrutiny of the small print has revealed a withdrawal fee of 12.5 EUR for all withdrawal methods and when using Neteller or Skrill there is a fee of 2.0% and 2.6 % respectively when you have not traded for some time – this period is not specified.
Does Skilling.com charge inactivity fees?
Yes, Trading accounts that are inactive for 12 months are charged with a 10EUR inactivity fee.
Which methods can be used to withdraw funds from Skilling.com?
Withdrawals can be done by various methods incl: Credit/Debit card and Skrill which are processed the same day and traders are allowed one free withdrawal per month.
Is there a minimum withdrawal amount with Skilling.com?
Yes, the minimum withdrawal amount is 50 EUR or the equivalent currency.
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