All Share (J203) = 89 898
Rand / Dollar = 18.24
Rand / Pound = 23.63
Rand / Euro = 19.70
Gold (usd/oz) = 3 056.50
Platinum (usd/oz) = 986.94
Brent (usd/barrel) = 73.31
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Skilling Minimum Deposit

Skilling Minimum Deposit ZAR

 

The minimum deposit amount required to register a live trading account with Skilling.com is $100. This minimum deposit is equivalent to R 1600 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

Skilling.com at a Glance

 

Broker's NameSkilling.com
📍 HeadquarteredNicosia, Cyprus
📅 Year Founded2019
⚖️ Regulating AuthoritiesCySEC
🌐 Countries not accepted for tradeNot indicated
📌 Accounts -Standard
-Premium
-MT4
-MT4
Premium
☪️ Islamic Account (Swap Free)No
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsNo
📈 Maximum Leverage1:30
💰 Minimum Deposit50 EUR
💳 Spread0.01 pips
💳Fees No Deposit or withdrawal fees
💳 Deposit OptionsSkrill, Neteller, VISA and MasterCard, Bank wire
💳 Withdrawal OptionsSkrill, Neteller, VISA and MasterCard, Bank wire
💻 Platform TypesSkilling Trading Platform
📱 OS CompatibilityMac, Windows, for browsers Chrome, Firefox and Internet Explorer.
📈 Tradable AssetsForex, CFDs, commodities, currencies, shares, indices, WTI Oil, Brent, and 5 cryptocurrencies
👨‍💼 Languages supported on WebsiteGerman, Swedish, Norwegian and English
👥 Customer Support LanguagesGerman, Swedish, Norwegian and English
📆 Customer Service Hours24/5
🔎 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 Minimum Deposit  –  7 key point quick overview:

 

  1. ✔️Skilling.com at a Glance
  2. ✔️Skilling.com Overview
  3. ✔️Skilling.com Deposit fees and deposit methods
  4. A step-by-step guide to depositing the minimum amount to the Skilling.com account
  5. Skilling.com Pro and cons
  6. Skilling.com Conclusion
  7. Frequently Asked Questions

 

Skilling.com Overview

 

Skilling Minimum Deposit

 

The minimum deposit amount required to open a broker account with Skilling is EUR/USD 100 or SEK/NOK 1,000 for the Standard Account and EUR/USD 5,000 or SEK/NOK 50,000 for the Premium Account.

 

This is a standard minimum deposit requirement when compared to most other brokers in the industry and should not present too high a barrier of entry to most new and beginner traders.

 

Skilling.com Deposit fees and deposit methods

 

Skilling Depositing

 

Traders can fund their accounts with Skilling using the following available deposit methods:

  • Visa or Mastercard
  • Skrill
  • Trustly
  • Neteller
  • Klarna
  • Swish

 

In terms of deposit currencies, 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.

 

In terms of deposit security, Skilling is regulated by the Cypress Securities and Exchange Commission (CySEC), which requires that all client funds be fully segregated from the company’s funds and kept in separate bank accounts in major European and International banks.

 

This ensures that client funds cannot be used for any other purpose.

 

Furthermore, clients of Skilling Ltd are protected by the Investor Compensation Fund for Customers of Cypriot Investment Firms (CIFs) which protects customers’ funds up to a specific amount in the case of the company’s insolvency.

 

In terms of fees, Skilling does not charge any fees for deposits or withdrawals regardless of payment method.

 

You might be charged by your bank, or the payment service provider (i.e., Skrill, Neteller, Visa, MasterCard etc.).

 

That said, Skilling does maintain the right to impose a Fee up to 2.9% for Neteller and Skrill at its sole discretion.

 

A step-by-step guide to depositing the minimum amount to the Skilling.com account

 

1.  Step 1 – Log into your registered account

 

Log in to the dashboard, which is your personal area where you can manage your trading account, and click on `Deposit´ (on the left sidebar)

 

Skilling log into existing account

 

2.  Step 2 – Select deposit

 

Select account, Choose payment method. You will receive an email confirming the deposit.

 

Skilling deposit details

 

Skilling Pro and cons

 

✅ Pros❌ Cons
Segregation of client funds MT4 not provided
The demo account does not expireNo bonuses offered
Commission-free trading availableDemo account cannot be opened without first registering as a client
Excellent customer supportNo Islamic Account is available

 

Skilling Conclusion

 

Overall, the minimum deposit amount required to register a live trading account with Skilling.com is $100. This minimum deposit is equivalent to R 1600 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

You might also like: Skilling.com  Account Types

You might also like: Skilling.com  Demo Account

You might also like: Skilling.com Fees and Spreads

You might also like: Skilling.com  Review

You might also like: Skilling.com Sign Up Bonus

 

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

 

 

How much money is needed to open a Skilling trading account?

 

This will depend on the type of  account you want to open. To open a Standard account you will need at least 1000 EUR/USD or SEK/NOK;  for a Standard account 1000 EUR/USD or SEK/NOK  is needed and to open a Premium account you will need at least 50 000 EUR/USD or SEK/NOK. To open any of the other account types you will need 100 EUR/USD

 

What are the deposit and withdrawal methods for Skilling?

 

Traders can fund their accounts with Skilling using the following available deposit methods: Visa or Mastercard, Skrill, Trustly, Neteller, Klarna and Swish

 

Are my deposits safe with Skilling?

 

Yes. Skilling is regulated by the Cypress Securities and Exchange Commission (CySEC), which requires that all client funds be fully segregated from the company’s funds and kept in separate bank accounts in major European and International banks.

This ensures that client funds cannot be used for any other purpose.

Furthermore, clients of Skilling Ltd are protected by the Investor Compensation Fund for Customers of Cypriot Investment Firms (CIFs) which protects customers’ funds up to a specific amount in the case of the company’s insolvency.

 

How long does it take to make a withdrawal?

 

Credit and debit card withdrawals can take up to one day, while e-wallet withdrawals are instant.

 

What are the languages supported by Skilling?

 

Languages supported by Skilling.com are English, Norwegian, Swedish and German.

4.4/5 - (19 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 28, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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