Skilling’s European service combines a proprietary trading interface, cTrader, MetaTrader and a TradingView connection. Its account choice centres on Standard spread pricing versus Premium commissions, with a second qualification route for clients meeting the published trading-volume threshold. Funding method and account currency are significant parts of the cost comparison because withdrawal and conversion charges sit outside the quoted spread.[7][3][9][12][6]
European company and account identity
| Measure | Value | Context |
|---|---|---|
| Contracting company | Skilling Ltd | Cyprus company HE 373524; CySEC licence 357/18, issued 7 May 2018. Former name: Finovel Cyprus Ltd.Source 1 |
| Registered office | 62 Athalassas Avenue, second floor, Strovolos, Nicosia 2012, Cyprus | Source 1 |
| Group origins and leadership | Founded in 2016 by Scandinavian entrepreneurs | The current management page identifies George Kyriakoudes as CEO.Source 2 |
| Parent group | Skilling Holding PLC, Malta | The consolidated disclosure includes Skilling Ltd and TM Trading Ltd.Source 17 |
| Base currencies | USD, EUR, GBP, NOK and SEK | Source 5 |
Standard, Premium and product coverage
Sections ↑EU retail account pricing
| Account | Entry / qualification | Published pricing |
|---|---|---|
| Standard | €100 minimum deposit | Forex spreads from 0.8 pips, or 0.6 pips on MT5; no separate FX or spot-metal commission.Source 3 |
| Premium | €5,000 deposit OR US$10 million average monthly trading volume | Tighter variable spreads; commission on FX and spot metals.Source 3 |
The CFD menu covers forex, shares, indices, commodities and crypto. Standard’s commission-free description applies to its FX and spot-metal pricing; crypto has a separate schedule. Premium can be qualified for through trading volume as an alternative to the larger deposit, so the two entry criteria should not be combined into a single requirement.[3][8]
Charges beyond the spread
| Charge | Basis and practical effect |
|---|---|
| Premium FX / spot-metal commission | From US$35 per US$1 million of USD-converted notional, then converted to the account currency. The page does not specify whether this is per side or for opening and closing together.Source 4 |
| Currency conversion | The May 2026 help page states 2% of realised profit/loss for an instrument quoted in another currency; the agreement permits up to 2%. Applied at closing.Source 6Source 13 |
| Leveraged-position financing | Daily instrument-specific swaps; the published schedule uses 22:00 GMT and a Wednesday triple swap for forex.Source 4 |
| Unleveraged crypto arrangement | The separate 1:1 crypto section lists taker fees from 0.05% per side and a 0.9% administration charge every 30 days on open trades, with no swaps.Source 4 |
A USD-denominated account trading EUR/USD does not need to convert a USD trading result into another account currency. An EUR account trading the same pair does. Skilling’s conversion example adjusts the exchange rate used at closure, so the fee should not be described as 2% of the whole position value. The separate unleveraged crypto schedule also means that removing leverage does not remove every recurring charge.[6][4]
Platforms and the TradingView plan
Sections ↑Platform access
| Platform | Practical distinction |
|---|---|
| Skilling Trader / cTrader | The proprietary web/mobile platform and cTrader can access the same trading account.Source 7 |
| MetaTrader 4 | Separate trading account, created through the Skilling account menu.Source 20 |
| MetaTrader 5 | Expert Advisors and MQL5 automation, with desktop, browser and mobile access.Source 8 |
| TradingView | A broker connection for order placement; Skilling support must enable the eligible account before it is connected.Source 9 |
MT4 requires a separate trading account: an existing MT4 account cannot be linked to Skilling Trader. A new MT4 account can be created from the account menu. This differs from the explicitly shared Trader/cTrader arrangement and from TradingView, which connects after support activation.[20][7][9]
TradingView subscription offer
Deposits and withdrawals
Sections ↑Payment methods and published timing
| Method | Deposits | Withdrawals |
|---|---|---|
| Visa / Mastercard | Instant processing; €10,000 per transaction and €40,000 per day, subject to acquirer changes | Issuer/processor-dependent; card refunds cannot exceed the amount deposited by card.Source 11 |
| Bank transfer | One to seven business days | One to seven business days.Source 11 |
| Skrill / Neteller / PayPal and supported alternatives | Instant processing | One business day indicated.Source 11 |
Payment fees and limits
| Item | Published rule |
|---|---|
| Bank deposits | No additional Skilling fee; sending or intermediary banks can charge.Source 12 |
| Skrill / Neteller | A fee of up to 2.9% on deposits and withdrawals may be imposed.Source 12 |
| SEPA / SWIFT withdrawals | €15 / €25 respectively; at least €15 must remain as the net bank withdrawal after fees.Source 12 |
| Repeated withdrawals | One daily withdrawal is normally free except bank wire; subsequent requests can incur 2.5%. The separate wallet fees above can still apply.Source 12 |
| Withdrawal without trading | Skilling reserves a 2.5% non-trading fee.Source 11 |
| General withdrawal minimum | €50 equivalent; the bank-wire rule specifies a different net minimum.Source 11Source 12 |
Withdrawals are made in the account’s base currency and normally return through the funding method. Card profits above the deposited amount use a bank transfer or another previously used payment route. For inactivity, the current agreement allows a fee to be introduced after six months without deposits, withdrawals or trading, following notification; it does not set a standing monthly amount.[12][11][13]
Execution, protection and company disclosure
Sections ↑Skilling acts as principal and remains the counterparty even when it sends orders to external liquidity providers. Its execution policy names Skilling as the sole execution venue and permits market-price liquidation at the 50% stop-out level. Client funds are segregated, and the retail terms provide negative balance protection. Eligible ICF claims use the lower of 90% of covered claims and €20,000 per client.[14][13][18][19]
Regulatory capital at 31 December 2025
EU support is advertised Monday to Friday, 07:00–22:00 CET, through live chat, telephone and email. The telephone number is +357 22 276 710 and the email address is [email protected].[15]
From support enquiry to formal complaint
Sections ↑Skilling’s February 2026 policy distinguishes an enquiry to [email protected] or live chat from a formal complaint. Support aims to resolve enquiries within five business days. An unresolved enquiry can be reclassified by asking for the complaint form and sending it, with supporting records, to [email protected]. Telephone complaints must subsequently be put in writing.[21]
Cyprus complaint timetable
| Item | Published rule | Practical meaning |
|---|---|---|
| Acknowledgement | Within five business days. | The firm supplies a unique reference number. |
| Investigation outcome | Best efforts within two months; extended reply no later than three months. | The firm must explain an extension. |
| Escalation | Financial Ombudsman or available legal/ADR route. | Quote the reference and check eligibility; regulatory reporting is distinct from an individual redress award. |
Company background & evidence
Sections ↑- Headquarters
- Nicosia, Cyprus (EU contracting company)
- Founded
- 2016
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Skilling Ltd
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Cyprus Securities and Exchange Commission357/18 | Authorised | Checked 9 Oct 2026The firm is present in the current CySEC investment-firm register. Licence issued 7 May 2018.Source 1 |
Sources & further reading
- Skilling Ltd: current Cyprus investment-firm record Cyprus Securities and Exchange Commission · Accessed 9 Oct 2026
- Skilling history and current management Skilling · Accessed 9 Oct 2026
- EU Standard and Premium account terms Skilling · Accessed 9 Oct 2026
- Commission, swap and unleveraged-crypto charges Skilling · Accessed 9 Oct 2026
- Trading-account base currency options Skilling Help Desk · Accessed 9 Oct 2026
- Currency-conversion fee and closing calculation, updated May 2026 Skilling Help Desk · Accessed 9 Oct 2026
- Skilling Trader platform and cTrader account access Skilling · Accessed 9 Oct 2026
- MT5 access, markets and automation Skilling · Accessed 9 Oct 2026
- TradingView account connection and support activation Skilling · Accessed 9 Oct 2026
- Balance requirements for the TradingView subscription plan Skilling · Accessed 9 Oct 2026
- EU deposit and withdrawal policy, February 2026 Skilling Ltd · Accessed 9 Oct 2026
- EU payment method charges, October 2026 Skilling Ltd · Accessed 9 Oct 2026
- Current EU client agreement Skilling Ltd · Accessed 9 Oct 2026
- Current EU order execution and margin rules Skilling Ltd · Accessed 9 Oct 2026
- EU support channels and published service hours Skilling · Accessed 9 Oct 2026
- Skilling Ltd regulatory capital at 31 December 2025 Skilling Ltd · Accessed 9 Oct 2026
- Skilling Holding group regulatory capital at 31 December 2025 Skilling Holding PLC · Accessed 9 Oct 2026
- EU client eligibility for the compensation fund, February 2026 Skilling Ltd · Accessed 9 Oct 2026
- Current compensation calculation for eligible investment-firm claims Cyprus Securities and Exchange Commission · Accessed 9 Oct 2026
- Separate MT4 account requirement, updated May 2026 Skilling Help Desk · Accessed 9 Oct 2026
- Skilling Ltd complaint handling policy — February 2026 Skilling · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.