SkillsTech claims to be registered in the UK, but there is no confirmation of this. Besides, the website lists the addresses of offices in London, UK, and Bratislava, Slovakia. According to the information provided, the broker positions itself as a major European project with more than 100 thousand clients worldwide, having received more than 30 awards in the trading industry. However, the firm does not disclose the launch date of the project. As for the domain, it was not registered until May 2023 in the United States. Besides, the company says that its financial activities are regulated and licensed. However, it does not indicate the jurisdiction of the regulator and does not show the license number and scan. Finally, the website interface supports 4 languages: English, German, Czech, and Slovak.
Is it safe to trade here? Is it worth trusting money to this company? We will take a closer look at the functionality of the platform and the broker’s legal documents, after which we will make a conclusion about the expediency of cooperation with it.
SkillsTech offers clients a proprietary platform with trading features. Financial instruments such as fiat and digital currencies, metals, commodities, stocks, and indices can be accessed. SkillsTech Webtrader is compatible with Android, iPhone, iPad, and other iOS devices. The broker promises to provide traders with tight spreads, low commissions, and fast execution.
You can choose an account from 4 variants, which differ in the amount of minimum deposit and the range of services. Each subsequent level of the tariff plan includes all the options of the previous one and is supplemented with new offers:
- Silver from $250 – 1 lesson of private training.
- Gold from $2,500 – 4 private lessons plus VIP support.
- Platinum from $10,000 – 8 private training sessions, trading signals, TRXs Hedge.
- VIP Club from $250,000 – 12 private training sessions, additional services of a personal manager.
Every trader, regardless of the chosen trading plan type, can use all trading tools, daily broker recommendations, analytics, and exclusive market updates. A welcome bonus is awarded to all new users in the amount of up to 100% of the credited deposit. You can transfer money to your account via bank transfers or cards, as well as via e-wallets – fiat and digital.
SkillsTech charges a withdrawal fee ranging from 10 to 50 USD or 10% of the withdrawal amount. The fee depends on account turnover and withdrawal method.
The minimum withdrawal amount is $100/250, the amount depends on the transaction method. You can earn up to $200 for yourself from the referral program and give a promo code to your friend for $100. SkillsTech provides tutorials and educational materials for beginners. Market analytics is provided on the site by Forex Screener from the TradingView platform.