Which Skilling entity serves UAE residents
Skilling has not confirmed to BrokerBazaar whether it accepts UAE residents, and it lists no UAE-licensed entity. Availability should be treated as unconfirmed until the broker states it in writing.
Status on BrokerBazaar UAE: Availability not confirmed. "Available" is not the same as "regulated in the UAE": only a Capital Market Authority (CMA, formerly SCA), DFSA or FSRA licence gives you local supervision and a local complaints route.
Funding in AED and local payment methods
Skilling has not stated AED account denomination or UAE local bank transfer on its BrokerBazaar submission. Deposit methods listed: Bank Transfer, Visa, Mastercard, Skrill, Neteller. Expect USD-denominated accounts and a card or bank FX conversion fee unless the broker confirms AED wallets.
Withdrawal methods listed: Bank Transfer, Visa, Mastercard, Skrill, Neteller. UAE banks may query incoming payments from offshore brokers; keep your deposit records.
Islamic (swap-free) account for UAE traders
Skilling states that a swap-free account is available, subject to conditions such as holding-period limits or a replacement admin fee. Confirm which instruments are eligible and whether an administration charge replaces the overnight swap.
UAE-specific risk note
Because Skilling has no UAE licence on record, the CMA cannot intervene in a dispute. None of the recorded regulators is strict-tier, so recourse is limited. The CMA periodically publishes warnings about unlicensed platforms marketing to UAE residents; check its list before depositing.
Leveraged CFD trading carries a high risk of loss. Nothing on this page is personal financial advice.
Skilling at a glance
Skilling is a Scandinavian-founded online forex and CFD broker established in 2016. It offers trading in forex, indices, commodities, shares and cryptocurrencies through its proprietary platform, cTrader, MetaTrader 4 and other supported interfaces. The broker operates through separate entities, including a CySEC-regulated Cyprus company and an FSA-regulated Seychelles company.
Skilling reports a founding year of 2016 and a head office in Larnaca, Cyprus. It lists 2 regulators and 4 trading platforms.
BrokerBazaar verdict
Skilling is a multi-platform forex and CFD broker with a CySEC-regulated European entity and an FSA-regulated Seychelles entity. It offers several trading platforms and a range of leveraged financial instruments. Its professional account options and different pricing structures cater to different types of traders. Prospective clients should check the legal entity, trading costs and investor protections applicable to their account before depositing funds.
Legal entities, regulation and licences
Skilling operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Skilling states that it accepts clients from European Economic Area, Seychelles, International (subject to restrictions). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Stocks CFDs, Indices CFDs, Commodities CFDs, Cryptocurrency CFDs. Platforms: Skilling Trader, cTrader, MetaTrader 4, TradingView. Account types: Standard, Premium, Pro, Professional, Demo.
Best-for tags assigned by our team: Forex Trading, CFD Trading, Copy Trading, Algorithmic Trading, Active Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is €100 — Standard and MT4 accounts.. Spreads start from 0.1 pips and commission is None (standard) · $0 (raw). Maximum leverage is Up to 1:30 (by entity), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Visa, Mastercard, Skrill, Neteller. Withdrawal methods: Bank Transfer, Visa, Mastercard, Skrill, Neteller.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Not specified. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: compliance@skilling.com. Phone: +357 22 276 710. Clients should submit complaints through Skilling's official support channels, specifying their account and contracting entity. The Cyprus entity has a formal complaints policy under CySEC requirements. Eligible retail clients may refer unresolved complaints to the Cyprus Financial Ombudsman, subject to its eligibility rules. Seychelles clients must follow the complaints procedure applicable to Skilling (Seychelles) Limited. Exact response deadlines: Not Verified.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: CySEC-regulated European entity.
- Strength: Separately regulated Seychelles entity.
- Strength: Supports several established trading platforms.
- Strength: Offers forex, indices, commodities, shares and cryptocurrency CFDs.
- Strength: Provides demo accounts for practice.
- Strength: Offers professional client categorisation for eligible traders.
- Limitation: Investor protection varies by contracting entity.
- Limitation: Seychelles clients do not receive the same regulatory protections as eligible EU retail clients.
- Limitation: Leveraged CFDs carry a substantial risk of loss.
- Limitation: Trading costs vary by platform and account type.
- Limitation: Professional accounts may have reduced investor protections.
- Limitation: Availability of instruments and services varies by jurisdiction.
Who this broker suits, and who it does not
Skilling is most relevant to traders looking for: Forex Trading, CFD Trading, Copy Trading, Algorithmic Trading, Active Traders.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Skilling change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Skilling yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Skilling
Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 3.7/5; WikiFX 6.14/10; Google Play Store 3.8/5; Apple App Store 4.8/5; Forex Peace Army 2.77/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Skilling through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.