Please read Skilling Reviews below and share your live trading experiences with this broker. The Skilling mobile app is available to download from the iOS App Store and Google Play Store. Traders who want advanced analytics tools, multiple charts, in-depth order management, and to focus on the market data may prefer cTrader. Spreads on cryptocurrencies https://www.forbes.com/advisor/investing/what-is-forex-trading/ change more frequently than other CFD assets, so see Skilling’s website for up-to-date information. Skilling offers six commodity CFD instruments — all of which are in the precious metals and energy sectors. News and calendars deliver information on recent developments, including any events that would cause a major impact and upcoming modifications.
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Skilling asks for your TAX ID/TIN information almost immediately, which, though uncommon for most brokers, demonstrates the company’s adherence to financial regulations. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker. The team can be contacted by email, live chat, phone, or messengers . Customer support is available in 9 different languages, and we were impressed by the speed of response of the staff. Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis.
Phone calls and the live chat feature is only available on working days. Since it’s highly https://www.ig.com/en/forex regulated and secure, Skilling is allowed to operate in many countries worldwide.
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Skilling exists to make trading simple and accessible to everyone. It thrives on transparency with fees and any other costs clearly displayed on its platform.
Between 74%-89% of retail investor accounts lose money when trading CFDs.
Always check the broker’s regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable.
Skilling offers competitive spreads in GBP/USD at 0.7 pips (price interest points, i.e. price fluctuation within a specific exchange rate), EUR/USD at 0.4 pips, and EUR/GBP at 1.1 pips.
It is only necessary to deposit $100 in order to use the account.
However, it should be remembered that those are likely to change as the underlying market uncertainty diminishes over time. Clients from countries from the European Economic Area can enjoy the greatest degree of security offered by the company because of the CySEC regulation of Skilling Limited.