FCAUnited KingdomTier 1Licence number
810951
View licence record- Licence holder
- Held by Skilling
- Licence type and regime
- Retail Forex License
Not checkedUpdated
At a glance
Regulation on record for Skilling
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 3
- Issuing authorities
- 3
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
Skilling has 3 licences on record with Wikilix, issued by 3 authorities across 3 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Skilling, strongest authority first.
3 records
- FCAUnited KingdomTier 1
CySECCyprusTier 2Licence number
357/18
View licence record- Licence holder
- Held by Skilling
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
FSASeychellesTier 3Licence number
SD042
View licence record- Licence holder
- Held by Skilling
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
Protection
What this licence protects
FCA's own rules for the firms it authorises.
- Compensation schemeUp to £85000 (FSCS)
- Client money kept separate
- Negative balance protection
- Complaints routeFinancial Ombudsman Service
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by Skilling
Answered from the register entries on this page.
Most Popular Questions
Skilling offers a maximum leverage of up to 200:1. The broker provides access to a variety of regulated financial instruments including Forex, stocks, options, derivatives, commodities, securities, futures, and CFDs. Binary options are subject to trading limits.
Skilling generally does not charge fees on deposits, but withdrawal fees vary by method. For example, Skrill and Neteller withdrawals may incur a 2.9% fee plus a daily 2.5% fee after the first withdrawal. Wire transfers have fixed withdrawal fees of €15 for SEPA and €25 for SWIFT. Currency conversion fees of 0.7% may apply.
The minimum deposit amount at Skilling is 100 EUR. Supported payment methods include credit cards like Visa and MasterCard, e-wallets such as Skrill, Neteller, PayPal, and wire transfers via SEPA and SWIFT. Deposits are typically processed instantly, except for wire transfers which may take 1 to 7 days.
Skilling offers the MetaTrader 4 platform, which is available on desktop, iOS, Android, and web. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution. This platform supports trading in Forex and CFDs.
Skilling Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the UK Financial Conduct Authority (FCA). Client funds are protected up to €20,000 under the Investor Compensation Fund in Cyprus and up to £85,000 under the Financial Services Compensation Scheme in the UK.
Skilling has 3 licence records with Wikilix, issued by 3 authorities across 3 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Skilling holds licence records issued by FCA, CySEC, FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by Skilling come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 3 licence records held by Skilling has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Skilling has licence records in United Kingdom, Cyprus, Seychelles. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.