There are 6 courses broken down into the following:
About the Markets: This course is made up of 5 lessons introducing Forex, Commodities, ETF and CFD trading.
Trading Basics: This course comprises of 16 lessons teaching the basic trading terms like spread, margin, leverage, trading psychology and risk management.
Fundamental Analysis: There are just 2 lessons on Macroeconomic data and fundamental analysis.
Technical Analysis Basics: There are 7 lessons on Candlestick charts, Line charts, Pivot points, trend lines and price channels, Candlestick charts, support and resistance levels and technical analysis.
Technical Analysis Intermediate: There are 15 lessons on Indicators like Awesome oscillator, Stochastic Oscillator, Parabolic SAR, etc
Advanced Technical Analysis: There are 7 lessons on advanced indicators like TRIX, Alligator, Ichimoku Cloud, Elliot Waves, etc.
Trading Experience
“Skilling is a regulated trader that is new to the forex/CFD market, but has benefits for new and intermediate-level traders.”
Skilling is a CySEC regulated broker that offers multiple trading instruments. Formerly known as Finovel Cyprus, the brand just repackaged and launched into the market. It is a relatively new broker which offers a proprietary platform.
The proprietary platform has some benefits for beginners. It does not require a download (not even a mobile app download). Usage is a matter of simply entering the appropriate URL on a desktop or a mobile device, and trading can commence. This allows traders to focus on the core aspects of trading and not on the technicalities of platform usage. The platform is nicely laid out and simple enough for beginners to grasp immediately.
Intermediate-level traders will also benefit from the use of the analytical tools provided for news trading. However, advanced traders who utilize complex trading styles and strategies will not find the Skilling trading platform useful, as it lacks the tools that this category of traders requires. It is therefore safe to say that the Skilling brokerage service is best for beginners and intermediate-level traders.
FAQ
Where is Skilling based?
The brokerage firm is based in Cyprus but have offices in Malta and Spain.
How does Skilling make money?
Skilling makes money from spreads and commissions.
How do I deposit in Skilling account?
The payment options accepted are: Bank Transfers through Trustly, Credit/Debit Cards like Mastercard and VISA. EPayment options like Neteller and Skrill.
What is the min. deposit for Skilling?
The minimum deposit is $/€/£ 100 for the Standard account.
What is the maximum leverage in Skilling?
Maximum leverage is 1:30 for all account types.
How do I open an account with Skilling?
Click the “Sign Up” button found on the top right hand side of the website. Fill out the form and then provide your verification documents including proof of address and proof of identity.
Does Skilling use MetaTrader?
No, only the Skilling proprietary trading platform is provided.
Conclusion
Skilling is a Forex and CFD broker that operates from Nicosia, Cyprus. The brand offers over 300 tradable assets in 5 asset classes; forex, commodities, cryptocurrencies, indices and CFD equities from different exchanges across the world. Regulated by the stringent CySEC, Skilling protect its clients by segregating customers’ account, providing a digitally secure trading environment and maintaining its membership with the ICF.
The only proprietary platform provided is web based, simple and easy to use. Only $/€/£ 100 is needed to commence real trading. An education academy for beginners is provided. There is no separate platform for mobile.
Here are the main features of note when trading with Skilling:
- The broker is authorized and regulated by CySEC.
- A trading academy targeted at beginner traders is available.
- Customer support desk available in different languages.
- Proprietary trading platform available.
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