Recalculated 2026-11-02 · Established 2016 · Served by offshore Skilling (Seychelles)
Skilling — South Africa
Skilling is rated 2.62 out of 5 by our formula (Rank #58 of 70) for traders in South Africa: round turn 8.5 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 3 trading platforms · it has been trading for 10 years
Look elsewhere if the round turn is 8.5 USD against a 7 USD median here · the minimum is 100 USD against 50 USD in this market · it holds no licence issued in South Africa
Key facts (8)
- Who actually onboards you
- Served by offshore Skilling (Seychelles) Ltd, not an EU/local entity.
- Licence number
- not stated
- Established
- 2016group
- Min deposit, USD
- 100 USDgeo
- Platforms
- Skilling Trader · MT4 · cTrader
- Local funding
- Cards (Visa/Mastercard), bank wire, Skrill, Nete
- Max leverage
- 500geo
- EURUSD
- 0.7 pipsgeo
Accounts (2)
Skilling publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| Skilling | South Africa median | |
|---|---|---|
| Round turn, USD | 8.5 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | same business day to next business daygroup | 24.0 h |
| EURUSD, standard | 0.7 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.15000000000000002 pipsgeo | 0.0 pips |
| Established | 2016group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Offshore-regulated (Seychelles FSA); limited local recourse. No FSCA warning/alert found at review.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Skilling.
- Who actually onboards you
- Served by offshore Skilling (Seychelles) Ltd, not an EU/local entity.
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 2.50+ 20.0% × 4.12+ 20.0% × 0.50+ 15.0% × 4.00+ 10.0% × 2.50+ 10.0% × 2.25= 2.62
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Served by offshore Skilling (Seychelles) Ltd, not an EU/local entity.
Offshore entity
What each account gives you
Standard (min ~USD 100) and Premium raw-spread (min USD 5,000, ~USD 6-7/lot commission).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit ~USD 100 (Standard).
What the broker publishes about payouts
Trading software and asset classes (3)
Skilling Trader · MT4 · cTrader
FX, indices, shares, commodities, crypto CFDs.
Reviews
Trustpilot rating of 4.0/5 based on around 430 reviews
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at same business day to next business day
Cons (2)
- Round turn 8.5 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
Where it does not serve
United States, Canada, Japan, North Korea, Iran
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (4)
4 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2skilling.comskilling.com · domainBroker
- Aggregators and directories
- 3fxscouts.co.zafxscouts.co.za · domainAggregator
- 4commodity.comcommodity.com · domainAggregator
FAQ (5)
Does Skilling accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Skilling?
Served by offshore Skilling (Seychelles) Ltd, not an EU/local entity.
What licence does Skilling hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Skilling?
8.5 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Skilling take?
Skilling publishes same business day to next business day. Their own wording: “within the same business day and no later than the following business day”.