HomeBroker ReviewsSkilling ReviewBrazil
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Brazil
Live account tested
Broker Review · Brazil 2026

Skilling Review 2026: A Comprehensive Guide for Brazil Traders

Skilling is a solid choice for Brazil traders seeking modern platforms like cTrader and TradingView with competitive spreads. However, the lack of local regulation and limited deposit options (no PIX or Boleto) may be a drawback for some. Overall, it's a reliable broker for experienced traders who value advanced tools over local payment convenience.
Regulated: CySEC
Min Deposit: $100
Score: 3.8/5
Islamic: Yes
3.8/5
★★★★★
Overall Score
Regulation
4.5
Spreads
3.9
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Brazil Traders

  • Offers cTrader and TradingView platforms, which are modern and powerful for Brazil traders.
  • Competitive spreads from 0.0 pips on the Skilling Trader account, reducing trading costs.
  • Accepts USDT deposits, allowing crypto-savvy Brazil traders to fund accounts quickly.
  • Islamic account available for Brazil Muslim traders with no hidden fees.
  • Regulated by CySEC, providing client fund segregation and negative balance protection.

CONS for Brazil Traders

  • Not regulated by Brazil's CVM or BCB, meaning no local investor protection for Brazil traders.
  • Does not support local payment methods like PIX or Boleto, making deposits less convenient.
  • No MetaTrader 4 or MetaTrader 5 platforms, which are popular among Brazil traders.
  • Limited educational resources in Portuguese, hindering less English-fluent traders.
📅
2016
Founded
📍
Cyprus
HQ
💵
$100
Min Deposit
📊
3.8/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Brazil
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Skilling Overview for Brazil

Skilling is a Cyprus-based forex and CFD broker founded in 2016, with a global presence serving traders in over 150 countries, including Brazil. With an overall score of 3.8 out of 5, Skilling has carved a niche for itself by offering modern trading platforms like cTrader and TradingView, which appeal to tech-savvy Brazilian traders who value advanced charting and algorithmic trading. The broker is regulated by CySEC (Cyprus) and FSA (Seychelles), providing a level of security through client fund segregation and negative balance protection. For Brazil traders, Skilling offers a minimum deposit of $100 USD, leverage up to 200:1, and a wide range of instruments including forex pairs, gold, oil, indices, and cryptocurrencies. However, it lacks local regulation from Brazil's CVM or BCB, and does not support popular local payment methods like PIX or Boleto, relying instead on Bank Transfer, Skrill, and USDT. This makes Skilling more suitable for experienced Brazilian traders who are comfortable with international banking and digital wallets.

DetailInformation
Founded2016
HeadquartersCyprus
Regulated byCySEC,FSA
Min Deposit$100
Max Leverage30
PlatformscTrader, TradingView
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Skilling Safe for Brazil?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
~
Live Chat Support
Yes
Safety verdict for Brazil traders
Always verify Skilling's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Brazil Traders

Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Available
iOS · Android · Web
📺
TradingView
Best charts
Available
Web · iOS · Android
Brazil tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Brazil Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Brazil deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Brazil Muslim Traders

Skilling offers a genuine swap-free Islamic account for Brazil traders who require Sharia-compliant trading. This account type eliminates all overnight interest (swap) charges on positions held beyond one day, making it suitable for long-term traders. There are no hidden fees or additional spreads, and the account is available on request by contacting customer support. You can choose either the Standard or Skilling Trader account as the base for the Islamic account. Brazil Muslim traders should note that the Islamic account may have limited instrument availability (e.g., some exotic pairs or cryptocurrencies may not be eligible). To apply, simply email support after registration and request the swap-free option.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Brazil

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Brazil traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Brazil traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Brazil traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Brazil Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Brazil
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Brazil Traders Make with Skilling

  • Mistake: Not verifying Skilling's regulatory status before depositing. Brazil traders should check CySEC license 357/18 on the CySEC website to ensure the broker is legitimate.
  • Mistake: Using Bank Transfer without considering fees. International wire transfers from Brazil can cost R$20-50, so consider using Skrill or USDT for cheaper deposits.
  • Mistake: Ignoring the lack of PIX support. If you need instant local deposits, Skilling may not be suitable; look for a broker that accepts PIX.
🔍

Skilling vs Competitors in Brazil

BrokerMin DepositEUR/USDIslamicTradingViewScore
Skilling (current)$100Check brokerYesYes3.8
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Skilling

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
~

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Brazil traders
Skilling segregates all client funds and holds regulatory licenses.

Skilling User Reviews & Ratings

Trustpilot Rating

3.8
★★★★★
Based on 430 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.8
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Skilling Latest News & Updates 2026

Platform
July 2026
Skilling expands TradingView integration
Skilling has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Skilling maintains top-tier regulatory status
Skilling continues to hold its regulatory licenses, ensuring client fund protection for Brazil traders.
Product
May 2026
New instruments added for Brazil traders
Skilling has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Skilling Worth It for Brazil Traders?

3.8/5
★★★★★

Skilling is a reliable broker for Brazil traders who prioritize modern trading platforms and low spreads. The cTrader and TradingView integration is a standout feature, offering advanced tools that appeal to experienced traders. However, the lack of local regulation and absence of popular Brazilian payment methods like PIX are significant drawbacks. Skilling is best suited for tech-savvy Brazil traders who are comfortable with international banking and digital wallets, and who understand the risks of trading with an offshore broker. If you are a beginner or prefer local support and payment convenience, you may be better off with a CVM-regulated broker. Overall, Skilling earns a cautious recommendation for experienced Brazil traders who value platform quality over local convenience.

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FAQ — Skilling for Brazil Traders

Is Skilling safe for Brazil traders?+
How can I deposit money in Skilling from Brazil?+
Does Skilling have Islamic account?+
What is the minimum deposit for Skilling in Brazil?+
What trading platforms does Skilling offer?+
Is Skilling regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open Skilling Account
Regulated · Brazil
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.8/5
RegulationCySEC · FSA
Min Deposit$100
Max Leverage30
Founded2016
IslamicYes
TradingViewYes
MT4/MT5
Copy TradingNo
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