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SKILLS ART

China|1-2 years|
Suspicious Scope of Business|High potential risk|

https://www.skillsart.com/

Website

Rating Index

Contact

+971 585865556
support@skillsart.com
https://www.skillsart.com/
1950 Tamani Art Offices Tower, business bay

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+971 585865556

English

+63 9274586728

English

+44 7830368288

Other ways of contact

Broker Information

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Company Name

SKILLS ART

Abbreviation

SKILLS ART

Platform registered country and region

China

Company website
Twitter
Facebook
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Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

SKILLS ART · WikiFX Survey

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SKILLS ART · Company Summary

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.

Overview of SKILLS ART

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.

Pros and Cons

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.

Market Instruments

How to Open an Account?

  1. Registration: Visit the Skills Art website and locate the “Open live account” button. Click on it to begin the registration process.

    1. How to Open an Account?
  2. Provide Information: Fill out the registration form with accurate personal information, including your full name, email address, phone number, and country of residence.

  3. 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.

  4. 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.

How to Open an Account?

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.

Services

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.

Services

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.

Spreads & Commissions

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.

Trading Platform

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.

Customer Support

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.

Deposit & Withdrawal

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:

  1. 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.

  2. Profit Sharing: Unlike other top-tier traders, Skills Art allows users to keep 100% of their monthly profits, fostering a more rewarding trading experience.

  3. 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.

Educational Resources

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.

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SSS9023
3-6months
Scam company . Be carful from them and stay away. I invested with them since July and have made a withdrawal request on September 2023 and still didn't get my money back. Contacted them many times, no answer. They are not licensed in Dubai or UK as they claimed . The owner has some financial and legal issues in Dubai so he escaped to Philippines and he is wanted in UAE and OMAN . All videos he is posting when he was in Dubai are old and to trap you.
2024-03-19 06:27
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