Skilling is a high-growth, Scandinavian-owned online brokerage with a track record of success, offering over 900 instruments on proprietary and white labelled trading platforms.
Despite being a relatively young company, we are very ambitious in this space with triple-digit growth in the previous year, a proprietary tech stack, and numerous regulatory licenses. Many of our employees have brought previous experience at some of the largest and most reputable brokers in the world to Skilling, and joined us to blaze their own trail as we continue our expansion into new markets.
In terms of what differentiates us from other FX and CFD firms, we’re more responsive and are able to thrive by truly understanding our customers’ needs. We recognise the markets are always evolving, therefore, we are constantly tracking what our clients want to trade and adapting our offerings to accommodate them. Awareness and adaptability will be essential for brokers to remain on the front-foot as the trading landscape changes.
Skilling offers CFD trading on a wide range of world markets such as top stocks, indices, ETFs, commodities, and renowned cryptocurrencies, as well as copy trading services through advanced proprietary and third-party platforms. Our competitive pricing, reliability and quick execution means that more and more traders are choosing Skilling as their broker.
Tell us about your latest fundraising release?
We recently closed our largest funding round to date, bringing in €10 million in capital and a total €15 million in the past 18 months from Scandinavian investors. We’re pleased to have several forward-looking investors from different countries who share our vision and are committed to contributing towards Skilling’s long-term growth.
This announcement follows a record year for Skilling, with triple-digit yearly increases in active users, trade volumes and revenues. As a result, the company’s valuation has propelled by nearly 50%, which puts us in an incredibly strong position going forward this year.
This fresh capital will enable us to further assert ourselves as key players in the fintech industry, recruiting more top tier talent, advancing our proprietary trading technology and expanding our offerings into more markets globally.
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How has the company evolved during the pandemic?
The past two years have been instrumental for the trading industry. The pandemic has inspired countless traders and investors to take more control of their personal finances, which is only a good thing. Crypto has become more mainstream with use cases increasing globally, transforming crypto trading from niche to the new normal.
As a company, we’ve watched these changes with excitement and adapted our offerings to champion these changes. For example, we now offer 50 cryptocurrencies, not because we feel we have to, but because we believe it’s the future.
Despite challenges presented by the pandemic, we launched a number of products and services in line with increasing appetite from both existing and novice traders such as our Skilling Copy platform where customers can follow thousands of strategies provided by other traders.
We were also one of the first brokers to offer trending products in line with the “meme trading” culture that developed and captivated traders throughout the pandemic, due to our forward-looking and client-focussed approach.
What can we hope to see from Skilling in the future?
This fundraising round represents a key milestone for Skilling as we continue on the next phase of our strategic growth plan. We’ll be deploying this fresh capital to accelerate our recruitment of top talent and further advance our proprietary trading technology to remain adaptive and provide the best possible trading offering to our customers.
We’ll also be focussing on ensuring we continue to offer a best-in-class product set that caters to more than just active day traders, as well as building and scaling the necessary robust financial technology that enables our customers to navigate their trading and investments with ease throughout their financial lives.
At Skilling, we pride ourselves on our integrity and drive to provide traders exactly what they want and do things the right way. Our goal is to meet our customer’s needs while building a reputation as a solid, leading, international broker.
As we continue to expand, our purpose remains straightforward: to make trading simple and accessible to everyone in a transparent and secure environment. We don’t believe trading is just for traders, we believe trading is for everyone.
Not investment advice. Past performance does not guarantee or predict future performance. 66% of retail CFD accounts lose money. Trading cryptocurrency is not available for UK retail clients.
