Skilling — 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
This broker against the South Africa middle (60 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 | no data | 24.0 h |
| EURUSD, standard | 0.7 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.15000000000000002 pipsgeo | 0.0 pips |
| Established | 2016group | 2009.5 |
| Platforms | 3 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (5/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Served by offshore Skilling (Seychelles) Ltd, not an EU/local entity.
Offshore entity
Cost per round turn, and the South Africa middle (60 of 104)
raw+commission
The numbers across South Africa
Round-turn cost, USD (60 of 104)
Median 7.0 · Range 1.5–20.0 USD
Minimum deposit, USD (36 of 104)
Median 50.0 · Range 0.0–1000.0 USD
What each account gives you
Standard (min ~USD 100) and Premium raw-spread (min USD 5,000, ~USD 6-7/lot commission).
What the broker publishes about payouts
Reviews
Trustpilot rating of 4.0/5 based on around 430 reviews
Trading software and asset classes (3)
Skilling Trader · MT4 · cTrader
FX, indices, shares, commodities, crypto CFDs.
Trading profits and South Africa tax
SARS taxes residents on worldwide income. Frequent/active forex trading is generally taxed as income at the individual's marginal rate (progressive 18%-45%), not as capital gains. Active traders typically register for provisional tax (IRP6 due end-Aug and end-Feb, plus a third top-up if owing) and file the annual ITR12; trading-related expenses are deductible. Rates/brackets change annually - pres
Where it wins, where it loses
Pros (1)
- Swap-free account available
Cons (3)
- Round turn 8.5 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Withdrawal time not published
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, Canada, Japan, North Korea, Iran
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (4)
Checked: 2026-07-09
- skilling.com domain
- fxscouts.co.za domain
- commodity.com domain
- fsca.co.za domain
FAQ (4)
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 60 of 104 brokers.