Sky Financial Forex Broker keeps up-to-date with the latest trading account information, including Pro, Standard, Micro maximum leverage of 1:200, trading varieties, and more
Rating Index
Pros
Offers a range of trading instruments including forex, CFDs, commodities, and equities.
Utilizes popular trading platforms like MetaTrader 5, which is well-regarded in the trading community.
Provides high leverage options, which can be attractive for experienced traders looking to maximize potential returns.
Cons
Unregulated broker, posing significant risks to the safety of client funds and lack of oversight.
Withdrawal processes can be lengthy and may involve high fees, making it difficult for clients to access their funds.
Engages in practices that may be considered deceptive, such as offering deals that sound too good to be true, which raises concerns about their legitimacy.
Sky Financial broker Accounts
Pro
Standard
Micro
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.
- 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.
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:
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.
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