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SKILLS ART foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.skillsart.com/, about the company's legal and temporary regulatory information, the company's address 1950 Tamani Art Offices Tower, business bay.

SKILLS ART Forex Broker

Basic Information

Registered Region

United Arab Emirates

Operating Period

Company Name

SKILLS ART

Abbreviation

SKILLS ART

Company employee

Customer Service Email Address

support@skillsart.com

Contact Number

+971585865556

Company Website

https://www.skillsart.com/

Company address

1950 Tamani Art Offices Tower, business bay

Facebook

https://www.facebook.com/skillsartofficial

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Aspect Information Company Name Skills Art Registered Country/Area China Founded year 2023 Regulation Not regulated Market Instruments Shares, Indices, Currencies, Commodities Account Types N/A Demo Account Available Minimum Deposit $1000 USD Maximum Leverage N/A Spreads As low as 0.0 pips Trading Platforms Web and mobile platform Customer Support +971 585865556support@skillsart.com Overview of SKILLS ART Skills Art, founded in China in 2023, offers access to 300+ global markets with tight spreads and zero commissions on Shares CFDs. Its various trading assets include shares, indices, currencies, and commodities. Advantages include a web/mobile trading platform, free educational resources, and ECN technology with no trading restrictions. However, as a newly established platform, it lacks regulatory status, potentially posing risks to traders. Despite these drawbacks, its competitive pricing and extensive market access make it appealing for traders seeking various investment opportunities. Regulatory Status SKILLS ART operates without any regulatory oversight. This lack of regulation means there are no set rules or standards enforced by authorities. Consequently, it poses risks such as potential fraud, money laundering, and market manipulation. Investors might face greater vulnerability to scams or loss of funds without the protective measures provided by regulated markets. Pros and Cons Pros Cons Access to 300+ global markets Unregulated Tight spreads and zero commissions Newly established in 1-2 years Free educational resources and analysis Lack of detail on trading platform features Web and mobile trading platform No restrictions with ECN technology Pros: Access to 300+ global markets: Skills Art provides access to over 300 global markets, allowing traders to diversify their portfolios and explore various investment opportunities. Tight spreads and zero commissions: Skills Art offers tight spreads as low as 0.0 pips and zero commissions on Shares CFDs. Low spreads reduce trading costs, enabling traders to retain more of their profits. Free educational resources and analysis: Skills Art provides free educational resources and analysis to help traders enhance their trading skills and stay informed about market developments. Web and mobile trading platform: Skills Art offers a web and mobile trading platform, providing traders with convenient access to the markets from any device with internet connectivity. No restrictions with ECN technology: Skills Art operates with ECN (Electronic Communication Network) technology, which eliminates restrictions such as dealing desk intervention. Cons: Unregulated: Skills Art is newly established, with less than 1-2 years of operation, and there is no specific mention of regulatory oversight. Lack of detail on trading platform features: Despite offering a web and mobile trading platform, Skills Art provides limited information about the features and functionalities of the platform. Market Instruments Skills Art offers various trading assets and support services, providing traders with the tools, resources, and education necessary to trade confidently. Shares: Trade over 300 of the worlds most successful companies, including Apple, Amazon, Facebook, and Google, among others. Indices: Access global indices covering the UK, US, as well as all the main European and Asian indices. Currencies: Choose from over 60 currency pairs, including USD, GBP, EUR, CHF, JPY, AUD, and NZD. Commodities: Trade commodities such as oil, gold, silver, platinum, as well as exotic metals like coffee and cotton. How to Open an Account？ Registration: Visit the Skills Art website and locate the “Open live account” button. Click on it to begin the registration process. Provide Information: Fill out the registration form with accurate personal information, including your full name, email address, phone number, and country of residence. Verification: Verify your email address by clicking on the verification link sent to the email provided during registration. Follow any additional verification steps as prompted by the platform. Account Setup: Once your email is verified, proceed to set up your account by choosing a username and password. Ensure that your password meets the platform's security requirements. After setting up your account, you may need to provide additional information or documents to complete the account setup process, depending on regulatory requirements. Services Skills Art offers several services to its users: Skillscoin: Skillscoin is a digital token backed by physical gold, providing users with a secure investment option. It boasts high-security features, making it resistant to theft, and offers fast transactions, ensuring quick and reliable payments. Cashback: Users can earn cashback when shopping online through Skills Art. The process is quick, rewarding, and flexible, allowing members to earn up to 50% cashback on average. Payments can be received directly to a bank account, PayPal, or in the form of gift cards. Skills Art has paid out over $2 billion in cashback to its community of over 15 million members. Users can earn cashback on a wide range of purchases, from clothes and electronics to restaurants and ride-sharing services. Shopping smarter with cashback is made easy through Skills Art. Spreads & Commissions Skills Art offers competitive spreads and commissions to its users: Tight Spreads: Skills Art provides tight spreads, with rates as low as 0.0 pips, ensuring that users can execute trades efficiently and at competitive prices. Zero Commission on Shares CFDs: For Shares CFDs, Skills Art does not charge any commissions, allowing traders to benefit from the full value of their trades without additional fees. This transparent fee structure enables users to manage their trading costs effectively. Trading Platform Web & Mobile Trading: The trading platform provided by Skills Art offers full access across all devices, including desktop computers, laptops, smartphones, and tablets. This flexibility allows traders to stay connected to the markets and manage their portfolios conveniently, whether they are at home, in the office, or on the go. With easy synchronization between the web and mobile versions, users can access their accounts, execute trades, and monitor market movements with ease, ensuring a smooth and efficient trading experience across various devices. Customer Support Skills Art provides comprehensive customer support through multiple channels. Customers can reach out via email at support@skillsart.com. Additionally, they have physical offices in Dubai, the Philippines, and the UK, ensuring global accessibility. For direct assistance, customers can contact the Dubai office at +971585865556, the Philippines office at +639274586728, and the UK office at +447830368288. Deposit & Withdrawal Skills Art imposes a hefty minimum deposit requirement of $1000 USD, setting a high barrier to entry for traders seeking to begin their investment journey. This steep financial commitment may deter individuals with limited capital from accessing the platform's services, limiting their opportunities to participate in trading activities. Educational Resources The educational resources provided by Skills Art appear to focus on empowering traders with knowledge and tools to succeed in the financial markets: Accessible Learning: Skills Art offers access to training facilitated by experienced income earners in various fields, providing insights into various money-making opportunities. This inclusivity ensures that traders of all backgrounds can benefit from the educational materials. Profit Sharing: Unlike other top-tier traders, Skills Art allows users to keep 100% of their monthly profits, fostering a more rewarding trading experience. Referral Program: Skills Art incentivizes users to refer friends by offering monetary rewards for each active subscription and trading lot referred, encouraging community growth and engagement. Conclusion In conclusion, Skills Art presents a promising platform for traders, offering access to a wide range of global markets with tight spreads and zero commissions. The platform's web and mobile trading options, along with free educational resources, enhance accessibility and knowledge sharing. However, its lack of regulatory oversight raises risks about investor protection. Despite these drawbacks, Skills Art's competitive pricing and various market instruments provide ample opportunities for traders to explore and capitalize on various investment avenues, making it a compelling option in the trading landscape. FAQs Question: What trading assets does Skills Art offer？ Answer: Skills Art offers a wide range of assets including shares, indices, currencies, and commodities. Question: Is Skills Art regulated？ Answer: No, Skills Art is not regulated. Question: What is the minimum deposit required to open an account with Skills Art？ Answer: The minimum deposit is $1000 USD. Question: Does Skills Art offer educational resources？ Answer: Yes, Skills Art provides free webinars and trading tools to enhance traders' knowledge. Question: What are the trading platforms available on Skills Art？ Answer: Skills Art offers web and mobile trading platforms for traders' convenience. Question: How is customer support provided on Skills Art？ Answer: Skills Art offers 24/6 dedicated customer support to assist traders with their queries and risks.

SKILLS ART broker review

Is SKILLS ART safe or scam

Rating Index

How to login to SKILLS ART?

Skills Art Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide provides detailed instructions on how to register, open an account, and log in to the Skills Art platform. Whether you are a new user or looking to troubleshoot common issues, this guide ai

Skills Art Forex Broker - Complete Information Guide

1. Broker Overview

Skills Art is a forex brokerage firm that was established in 2023. The company operates primarily out of its headquarters located at 1950 Tamani Art Offices Tower, Business Bay, Dubai, with additional offices in Cebu City, Philippines and London, England. Skills Art is a privately held entity, and it aims to serve a global clientele, particularly focusing on retail traders seeking access to various financial markets.

Since its inception, Skills Art has positioned itself as a platform offering a wide range of trading services, including forex, contracts for difference (CFDs), commodities, and indices. The company has made strides in its development, notably in expanding its product offerings and enhancing its technological infrastructure. However, it is essential to note that Skills Art has faced scrutiny regarding its regulatory status, which has raised concerns among potential investors.

The business model of Skills Art revolves around retail forex trading and providing access to a diverse array of financial instruments. The company has not yet established a significant presence in institutional services or white-label solutions, focusing instead on catering to individual traders looking for competitive trading conditions.

2. Regulatory and Compliance Information

Skills Art operates without regulatory oversight from recognized authorities such as the Financial Conduct Authority (FCA) in the UK or the Cyprus Securities and Exchange Commission (CySEC). This lack of regulation poses significant risks for traders, as there are no established rules or standards governing the broker's operations.

As of now, Skills Art does not possess any valid regulatory licenses, which raises red flags regarding the safety of clients' funds. The company has not disclosed its registration numbers or provided information on the extent of its regulatory compliance. Furthermore, there is no indication of customer fund segregation policies, which are critical for protecting client assets in the event of financial difficulties.

The broker does not participate in any investor compensation schemes, which further exacerbates the risks associated with trading through Skills Art. Additionally, there is no clear information regarding its adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which are essential for preventing fraudulent activities and ensuring the integrity of the trading environment.

3. Trading Products and Services

Skills Art offers a variety of trading products, primarily focusing on the forex market. The broker provides access to over 60 currency pairs, including major, minor, and exotic currencies. In addition to forex, Skills Art allows trading in CFDs across several asset classes, including:

Indices: Coverage of major global indices.
Commodities: Trading options include oil, gold, silver, and other precious metals.
Shares: Access to a wide range of global stocks, although specific details on available shares are limited.
Cryptocurrencies: The platform may offer cryptocurrency trading options, but detailed information is not readily available.

While Skills Art claims to provide access to more than 300 global markets, the specific frequency of product updates and the introduction of new trading instruments remain undisclosed. The broker's retail trading services are designed to appeal to individual traders, but the lack of institutional services or asset management offerings limits its appeal to a broader market.

4. Trading Platform and Technology

Skills Art does not support popular trading platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely used in the industry. Instead, the broker offers a proprietary web-based trading platform that is accessible from various devices, including desktops and mobile devices.

The trading platform is designed to provide users with a seamless trading experience, although specific details about its features and functionalities are sparse. The absence of a mobile application for iOS and Android devices may deter some traders looking for flexibility in their trading activities.

Skills Art employs an ECN (Electronic Communication Network) execution model, which is intended to facilitate direct market access for traders. However, the specifics regarding server locations and the underlying technological infrastructure are not clearly outlined. Additionally, there is no mention of API access or support for automated trading, which are essential features for many active traders.

5. Account Types and Trading Conditions

Skills Art offers a limited range of account types, with the primary account being a standard trading account. The minimum deposit requirement for opening an account is set at $1,000 USD, which may be considered high for novice traders.

The trading conditions include:

Spreads: Skills Art advertises tight spreads, with rates as low as 0.0 pips on certain instruments.
Commissions: The broker claims to have zero commissions on shares CFDs, although specific commission structures for other products are not detailed.
Leverage: The maximum leverage available is unspecified, which is a critical factor for traders looking to manage their risk exposure effectively.
Minimum Trade Size: The minimum trade size and overnight fees are not explicitly mentioned in the available information.

The absence of advanced account types, such as VIP or Islamic accounts, limits the options for more experienced or specialized traders.

6. Fund Management

Skills Art supports several deposit methods, including bank transfers, credit cards, and electronic wallets. However, the specific payment processors and their associated fees are not detailed in the available information.

The minimum deposit requirement varies by account type, with the standard account necessitating a $1,000 USD initial investment. The processing time for deposits is not clearly stated, which may cause uncertainty for prospective clients.

Withdrawal methods and restrictions are similarly vague, with no clear information on withdrawal processing times or fees. This lack of transparency regarding fund management can be a significant concern for traders considering the broker.

7. Customer Support and Educational Resources

Skills Art provides customer support through multiple channels, including email, phone, and possibly online chat. However, specific details about the availability of support services and their operating hours are not provided.

The broker claims to offer multilingual support, but the specific languages available are not listed. Educational resources appear to be limited, with no clear indication of the types of materials offered, such as webinars, tutorials, or e-books.

Market analysis services, including daily reports and research, are also not well-defined, which may hinder traders' ability to make informed decisions in the market.

8. Regional Coverage and Restrictions

Skills Art primarily targets markets in the United Arab Emirates, the Philippines, and the United Kingdom, with its services available to clients in various regions. However, the broker does not accept clients from certain countries, although specific nations or regions are not explicitly mentioned in the available information.

Additionally, there may be special restrictions in place, particularly regarding compliance with local laws and regulations in jurisdictions where it operates. The lack of clarity surrounding these issues may pose a risk for potential clients looking to trade with Skills Art.

In conclusion, while Skills Art presents itself as a forex broker with a range of trading products and competitive conditions, the lack of regulatory oversight, transparency, and comprehensive support services raises significant concerns. Potential investors should conduct thorough research and consider their options carefully before engaging with Skills Art.

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