Sky Financial Services Account Type

Sky Financial Services offers three types of trading accounts for its clients, which cater to various trading needs and investment strategies. The account types include:

• Micro Account:
• Minimum Deposit: $250
• Leverage: 1:200
• Spread: 0.6 pips
• Standard Account:
• Minimum Deposit: $2,500
• Leverage: 1:200
• Spread: Similar competitive spreads as the Micro Account.
• Pro Account:
• Minimum Deposit: $20,000
• Leverage: 1:200
• Spread: Generally tighter spreads compared to the other account types.

These accounts allow trading in various instruments such as forex, CFDs, commodities, equities, indices, futures, and FX options.

Sky Financial Services Broker Account Opening Process

Opening an account with Sky Financial Services involves several steps:

• Registration:
• Visit the Sky Financial Services website and find the registration section.
• Fill out the registration form with your personal details.
• Verification:
• After submitting the registration form, you will receive a verification email.
• Click on the link provided in the email to verify your account.
• Documentation:
• Prepare necessary documents such as identification and proof of address.
• Submit these documents as per the instructions provided during the registration process.
• Account Activation:
• Once your documents are verified, your trading account will be activated.
• You will receive your account credentials via email.
• Funding Your Account:
• Make an initial deposit to fund your account. The minimum deposit varies depending on the account type you choose.
• Start Trading:
• After funding your account, you can log in to the trading platform and start trading.

Please note that Sky Financial Services operates as an offshore broker, and it is crucial to understand the risks involved with trading through such platforms.