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Skilling fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: CySEC (357/18); Seychelles FSA (SD042). How Skilling is regulated

Facts last checked . Read the full Skilling review.

What it costs to trade

Spread from
0.1 pips
EUR/USD spread
Approx. 0.2 pips, Premium
GBP/USD spread
Approx. 0.5 pips, Premium
Commission
$3.50 per side / $7 round turn, Premium
All-in cost, EUR/USD
Approx. 0.9 pips
Spread type
Variable
Overnight swap
Both: overnight swaps apply; swap-free accounts available
Inactivity fee
€10/month after 12 months inactivity
Deposit fee
None internally
Withdrawal fee
None internally
Currency conversion
Currency conversion at applicable exchange rate

What this means

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.1 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Skilling lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Skilling fees

Does Skilling charge to deposit or withdraw?

Deposit fees at Skilling: None internally. Withdrawal fees: None internally.

Does Skilling charge an inactivity fee?

Skilling's inactivity fee is recorded as €10/month after 12 months inactivity.

What does Skilling charge to hold a position overnight?

Overnight financing at Skilling is recorded as both: overnight swaps apply; swap-free accounts available.

Fees at brokers under the same regulator

More about Skilling