Skilling Review 2026
Full Skilling review for Kenya traders — regulation, spreads, fees and our honest verdict.
Regulation in Kenya
| Regulator | FSA FSA — Seychelles Financial Services Authority (FSA) |
| Licence Number | SD042 |
| Regulated Entity | Skilling Ltd (SC) |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.7 pips |
| Instruments | 1,000+ |
| Platforms | Skilling Trader, cTrader, MT4 |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | Inactivity fee: EUR10/month after 12 months |
Verdict
Regulated by FSA (licence SD042). Minimum deposit $100. In Kenya: maximum forex leverage 1:500.
About Skilling
Skilling was founded in 2016 and is headquartered in Limassol, Cyprus. The broker offers 1,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Skilling Ltd (SC) under FSA.
In Kenya, Skilling operates as Skilling Ltd (SC), authorised by FSA under licence number SD042. Kenya traders are subject to a maximum leverage of 1:500 on forex pairs under FSA rules.
Trading Platforms
Pros
- FSA regulated — licence SD042
- 1,000+ instruments to trade
- Negative balance protection in Kenya
- Platforms: Skilling Trader, cTrader, MT4
- Real stock ownership (not CFD)
Cons
- Inactivity fee: EUR10/month after 12 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
Frequently Asked Questions
Is Skilling regulated?
Skilling holds FSA licence SD042, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSA public register.
What is the minimum deposit for Skilling in Kenya?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Kenya under FSA regulation.
What leverage does Skilling offer in Kenya?
In Kenya, Skilling offers maximum forex leverage of 1:500 under FSA rules. Higher leverage may be available through offshore-regulated entities.
Is Skilling safe to trade with?
Skilling is regulated by FSA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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