The next three sections provide a multi-layered study of the basics of technical analysis. These concern Skilling clients directly but do not have any implications for the wider market. Traders from countries that are members of the European Economic Area can use Skilling Limited. Overseas clients can go for Skilling Limited, which, however, does not have a tier-1 regulation. You need to click on it and verify your email address, allowing you to log in to your account. Once you do that, you will be asked to complete the verification process. You will need to submit a photo of your Passport, personal ID card or driver’s license.
These two aspects are undoubtedly the biggest advantages of working with Skilling. While there are interesting opinion pieces, which are important for traders using fundamental analysis, those are not enough to represent a detailed picture of the current market sentiment.
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Skilling is completely transparent regarding its overnight financing rates and these can be found on the website for every instrument. British clients will be trading under the subsidiary, Skilling Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission. Skilling Ltd is also authorised to operate via its UK Branch by the Financial Conduct Authority. Yes, Skilling is a safe broker for British residents to trade with. It maintains regulation from CySEC in Cyprus, the FSA of Seychelles, and the FCA via its local UK branch. Get the latest news and best offers from the crypto community by joining our newsletter. You can access all the functions of the Skilling exchange on the website or the app.
Offering spreads in USD/GBP at 0.7 pips, USD/EUR at 0.4 pips, and GBP/EUR at 1.1 pips, it offers other major combinations such as USD/AUD, https://www.ig.com/en/forex EUR/JPY and others. Some of the traders found a lack of support for the MT4 platform; however, it has now started offering that option.
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These accounts permit traders to access cryptos, forex currency pairs, indices, commodities, and equities with a stop out level of 50%. Skilling offers support for a good range of trading platforms, including the proprietary Skilling Trader, MT4, and cTrader. An industry first, Skilling has also completed seamless integration between Skilling Trader and cTrader, a unique feature dubbed One Account. Two Platforms.This allows traders to choose which platform they wish to use while having a single trading account, with the same margin, same wallet, and same trading conditions. Skilling offers access to numerous financial markets that can be accessed through its proprietary software, Skilling trader, and two third-party platforms; cTrader and MetaTrader 4. The three platforms are available via web, desktop, and mobile for Android and IOS users.
- Our goal is to give you the best information possible on how online trading works.
- The latter option is suitable for seasoned traders who may want to profit by making their trading systems available to others.
- Step 2 – You will also have to state your employment history and trading and investing experience.
- Citizens of Norway and Sweden can instead choose to provide their BankID as verification.
- Skilling caters to most international traders and does not list restrictions on its website.
You can download these apps directly from Google PlayStore or Apple AppStore. The apps feature the same functionalities as the web-based platform, so you can trade wherever you are as long as you have a stable internet connection.