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Skilling regulation: what happens if the firm fails

The licence is what decides where your money sits and who is obliged to do something about it. Here is who licenses Skilling and what the protections are.

Facts last checked . Read the full Skilling review.

Regulation and safety

Regulated by
CySEC (357/18); Seychelles FSA (SD042)
Regulator tier
Tier 1
Register entry
CySEC CIF Register, licence 357/18
Client money segregated
Yes
Held at
Regulated credit institutions
Negative balance protection
Yes
Compensation scheme
Investor Compensation Fund up to €20,000 for eligible CySEC clients
Audited by
Independent external auditors
Not available to
Belgium, Australia, United States, United Kingdom, North Korea, Iran and other jurisdictions where services are prohibited

Check the licence yourself: the CySEC register of investment firms, the Seychelles FSA list of regulated entities.

What this means

The licence is what decides where your money sits and who is obliged to do something about it.

Skilling holds a tier-one authorisation from CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.

Client money is held separately from the firm's own money, at Regulated credit institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Investor Compensation Fund up to €20,000 for eligible CySEC clients, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about Skilling regulation

Is client money segregated at Skilling?

Yes. Skilling holds client money separately from its own funds, at Regulated credit institutions.

Does Skilling offer negative balance protection?

Yes. Skilling offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Is there a compensation scheme at Skilling?

Skilling's compensation scheme is recorded as: Investor Compensation Fund up to €20,000 for eligible CySEC clients. A scheme covers the broker failing, not losses on your trades.

Regulation at brokers under the same regulator

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