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SKY PRIME INTERNATIONAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://clients.skyprimefx.com/register, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown Country: St. Vincent and the Grenadines.

SKY PRIME INTERNATIONAL Forex Broker

No Regulation
SKY PRIME INTERNATIONAL

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Company profile

Note: SKY' official website: https://www.skyprimefx.com/ is currently inaccessible normally. SKY Review Summary Founded2021 Registered Country/RegionSaint Vincent and the Grenadines RegulationUnregulated Market InstrumentsStocks/Equities, Futures, Indices, Precious Metals, Commodities, Forex Demo Account✅ LeverageUp to 1:500 EUR/ USD SpreadFrom 0.5 pips Trading PlatformsMT4 Minimum Deposit$10 Customer SupportPhone and email SKY, founded in 2021 and registered in Saint Vincent and the Grenadines, offers trading in a variety of markets. The platform primarily supports MT4 and provides two account types. But there are problems of its recent establishment and lack of regulation.Pros and Cons ProsCons Acceptable minimum depositNot regulated MT4 providedInaccessible website Limited ways to fundIs SKY Legit? SKY is not regulated. Besides, as of now, their website is not available. The domain skyprimefx.com was registered on November 17, 2021. Its status is clientTransferProhibited, which means that the domain cannot be transferred to another registrar without the current registrars approval. This status is often used to protect the domain from unauthorized transfers.What Can I Trade on SKY? SKY trade Stocks/Equities, Futures, Indices, Precious Metals, Commodities, and Forex. Tradable InstrumentsSupported Forex✔ Commodities✔ Indices✔ Cryptocurrencies❌ Stocks❌ Precious Metals✔ Bonds✔ Futures✔Account Type SKY offers two kinds of live accounts: ECN and PRIME accounts with minimum deposit of $10.Leverage SKY offers two types of accounts with varying leverage options. For those trading with an ECN account, the maximum leverage is set at 1:200. On the other hand, SKYs PRIME accounts come with a significantly higher leverage of 1:500.SKY Fees ECN Accounts: These accounts offer trading with spreads starting from 0.5 pips, but come with a commission fee of $7 per lot traded. PRIME Accounts: These accounts feature spreads starting from 1.0 pips, but without any commission fees.Trading Platform SKY claims it offers MT4 to trade. MT4 is a leading and widely-acclaimed trading platform, to facilitate efficient trading experiences.Deposit and Withdrawal SKY makes deposit and withdrawal through Bank Transfer.Customer Service You can contact SKY via phone and email. Contact OptionsDetails Phone+44 203-828-2469 / +1 416-907-9059 / +61 272574019 / +34 930301892 Emailsupport@traderpowers.com Contact Form❌ Online Chat❌ Social Media❌ Supported LanguageEnglish Website Language❌ Physical Addressfirst floor, first St. Vincent Ltd Building James Street, Kingstown, St. Vincent and the GrenadinesThe Bottom Line SKY offers forex services through MT4 trading platform with two kinds of live accounts. But it lacks regulation and currently has an inaccessible website.FAQs Is SKY safe? No. It has no regulation. Is SKY a good for beginners? No. It does not provide a rather safe trading condition so that beginners are easier to be scammed. Is SKY good for day trading? No.
SKY PRIME INTERNATIONAL broker review

Is SKY PRIME INTERNATIONAL safe or scam

How to login to SKY PRIME INTERNATIONAL?

SKY PRIME INTERNATIONAL Similar Brokers

Pros
User-friendly trading platform with the popular MetaTrader 4.
Access to a variety of financial instruments including forex, CFDs, commodities, and indices.
Competitive spreads and execution speeds.
Cons
Lacks proper regulation, which may pose risks for traders.
Limited customer support options and availability.
No insurance for client funds, increasing potential risk exposure.

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
SKY PRIME LTD
Abbreviation
SKY PRIME INTERNATIONAL
Company employee
--
Contact Number
+6281389068874
Company Website
https://www.skyprimefx.com/
Company Address
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown Country: St. Vincent and the Grenadines
How to login to SKY PRIME INTERNATIONAL?
Sky Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Sky Account Registering for a Sky account is the first step to accessing the platform's services. Follow these detailed steps to ensure a smooth registration process: Accessing the Registration Page: Visit the official Sky website or app. Look for the “Create an Account” or “Sign Up” button, usually located prominently on the homepage. Insert screenshot of registration page here. Filling in Required Information: Fill out the registration form with your personal details, including your name, email address, phone number, and address. Ensure that all information is accurate to avoid issues later on. Create a strong password that meets the platform's security requirements. Email/Phone Verification: After submitting your details, you will receive a verification email or SMS. Click on the link provided in the email or enter the verification code sent to your phone to confirm your identity. Identity Verification (if Required): Depending on your region or the services you wish to access, you may need to provide additional identification. This could include uploading a photo ID (like a passport or drivers license) or completing a video verification process. Registration Confirmation: Upon successful verification, you will receive a confirmation message on your registered email or phone number. This confirms that your Sky registration is complete, and you can now proceed to open your account. Common Registration Issues and Solutions Issue: Not receiving the verification email/SMS. Solution: Check your spam folder or ensure that you entered the correct email/phone number during registration. If issues persist, try resending the verification or contact customer support. Issue: Unable to complete identity verification. Solution: Ensure that your documents are clear and legible. If using video verification, make sure you are in a well-lit area. Regional Differences in Registration In some regions, additional documentation may be required due to local regulations. Always check the specific requirements for your location on the Sky website to ensure compliance. Part Two: Sky Account Opening Detailed Guide Differences Between Registration and Account Opening While registration is about creating a user profile on Sky, account opening involves setting up a financial account that allows you to trade or invest in various assets. Registration is a prerequisite for account opening. Preparation Work Before Account Opening Before you start the account opening process, gather the necessary documents, including: A valid government-issued ID (like a passport or driver's license) Proof of address (utility bill, bank statement) PAN card (for Indian residents) Bank account details (for linking purposes) Detailed Account Opening Steps Selecting Account Type: Decide whether you want a standard trading account, a demat account, or both. This choice will depend on your trading needs. Submitting Required Documents: Upload the necessary documents as specified during the account opening process. Ensure all documents are clear and meet the platform's requirements. Account Review Process: After submission, your application will undergo a review process, which typically takes 2-3 business days. Sky's team will verify your documents and information. Account Activation: Once approved, you will receive an email notification confirming that your account has been activated. Initial Setup: Log in to your Sky account for the first time to set up your profile, including preferences for notifications and security settings. Frequently Asked Questions About Account Opening How long does it take to open an account？ The account opening process generally takes 2-3 business days, depending on the verification speed. What if my application is rejected？ If your application is rejected, you will receive a notification explaining the reasons. You can rectify the issues and reapply. Next Steps After Opening an Account Once your account is active, explore the platform's features, set up your trading preferences, and consider taking advantage of educational resources offered by Sky to enhance your trading skills. Part Three: Sky Login Process Explained Basic Web Login Process Visit the Login Page: Go to the official Sky website and locate the “Login” button, typically found in the top right corner. Enter Your Credentials: Input your registered email address and password in the respective fields. Two-Factor Authentication (if enabled): If you have two-factor authentication enabled, enter the code sent to your registered phone number or email. Login Confirmation: Click on the “Login” button to access your account. Access Your Dashboard: Upon successful login, you will be directed to your account dashboard, where you can manage your investments and settings. Mobile App Login Process Download the App: If you haven't already, download the Sky app from the Google Play Store or Apple App Store. Open the App: Launch the app and select the “Login” option. Follow the Same Steps as Web Login: Enter your credentials and complete any additional authentication steps as required. Other Login Methods Social Media Login: Some users may have the option to log in using third-party services like Google or Facebook, depending on Sky's current offerings. Common Login Issues and Solutions Forgotten Password: Click on the “Forgot Password” link on the login page and follow the instructions to reset your password. Account Lockout: If your account gets locked due to multiple failed login attempts, follow the recovery process outlined in the email you received or contact customer support. Technical Issues: Ensure your internet connection is stable. If problems persist, try clearing your browser cache or reinstalling the app. Special Instructions for First-Time Login: If you're logging in for the first time, be sure to change your password upon first access for security purposes. Overview of Features After Login After logging in, you can access various features, including account management, trading options, market analysis tools, and educational resources to enhance your trading experience. Additional Sections Account Security Recommendations Use a strong, unique password and enable two-factor authentication to protect your account. Regularly monitor your account activity for any unauthorized transactions. Best Practices for Account Management Keep your personal information updated, especially your email and phone number. Regularly review your investment portfolio and adjust your strategies as needed. How to Get Technical Support For any technical issues or questions: Visit the Sky customer support page for FAQs and live chat options. Contact customer service through the provided helpline or email for personalized assistance. This guide provides a comprehensive overview of the registration, account opening, and login processes for Sky. By following the steps outlined, users can navigate the platform effectively and securely. For any further assistance, do not hesitate to reach out to Sky's support team.
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Sky Forex Broker - Complete Information Guide

1. Broker Overview

Sky Forex is a relatively new brokerage firm established in 2021 and headquartered in Jakarta, Indonesia. As a private company, it aims to provide a range of trading services to clients across the globe, focusing primarily on the forex market. The firm has rapidly developed its offerings to cater to a diverse clientele, including retail traders and institutional investors.

Sky Forex's journey began with the goal of delivering a user-friendly trading experience, and it has since made significant strides in expanding its service portfolio. The broker is known for its competitive spreads and various trading instruments, positioning itself as a viable option for both novice and experienced traders alike.

As an unregulated entity, Sky Forex operates under a business model that includes retail forex trading and contracts for difference (CFDs). The firm provides access to a wide array of financial instruments, including forex pairs, commodities, and indices, making it a comprehensive platform for traders seeking diverse investment opportunities.

2. Regulatory and Compliance Information

Sky Forex is currently unregulated, which raises concerns regarding its operational legitimacy. The absence of oversight from a recognized regulatory authority poses risks for potential clients. As such, traders are advised to conduct thorough due diligence before engaging with the broker.

While specific regulatory numbers and details are not available due to the lack of regulation, it is essential for potential clients to be aware of the implications of trading with an unregulated broker. Customer funds at Sky Forex are not subject to the same level of protection as those at regulated entities.

The broker does not participate in any investor compensation fund, which means that clients may not have recourse in the event of insolvency. Furthermore, Sky Forex claims to implement KYC (Know Your Customer) and AML (Anti-Money Laundering) measures; however, the lack of regulatory oversight makes it difficult to verify the effectiveness of these policies.

3. Trading Products and Services

Sky Forex offers a broad range of trading products, primarily focusing on the forex market. The broker provides access to more than 120 currency pairs, including major, minor, and exotic pairs. In addition to forex, clients can trade various CFDs on commodities, indices, stocks, and cryptocurrencies, allowing for a well-rounded trading experience.

The broker frequently updates its product offerings, ensuring that clients have access to the latest market trends and instruments. Retail trading services are complemented by resources that cater to institutional clients, although specific details regarding institutional services are limited.

Sky Forex does not currently offer white label solutions or asset management services, focusing instead on providing a straightforward trading platform for individual traders.

4. Trading Platforms and Technology

Sky Forex supports the MetaTrader 4 (MT4) platform, which is widely recognized for its robust trading capabilities and user-friendly interface. The broker also offers its proprietary web-based trading platform, designed to accommodate traders who prefer a browser-based solution.

For mobile trading, Sky Forex provides applications for both iOS and Android, allowing traders to manage their accounts and execute trades on the go. The mobile app includes features such as real-time market data, advanced charting tools, and trade execution capabilities.

Sky Forex operates on an ECN (Electronic Communication Network) execution model, which facilitates direct market access and competitive pricing. The broker's servers are strategically located to ensure low latency and fast order execution, enhancing the overall trading experience.

API access for automated trading is available, enabling traders to implement algorithmic strategies and connect their trading systems seamlessly.

5. Account Types and Trading Conditions

Sky Forex offers several account types tailored to different trading needs. The standard account requires a minimum deposit of $250, with competitive spreads starting from 0.6 pips on major currency pairs. Commission fees are not explicitly stated, but they may apply depending on the trading conditions.

For traders seeking more advanced features, Sky Forex provides VIP accounts, which offer reduced spreads and enhanced trading conditions. The broker also offers Islamic accounts for clients adhering to Sharia law, allowing for interest-free trading.

A demo account is available for traders wishing to practice their strategies without risking real capital. The leverage offered by Sky Forex varies, with a maximum of 1:200 available on forex pairs, providing traders with the flexibility to manage their positions effectively.

Sky Forex applies overnight fees for positions held beyond the trading day, although specific rates are not disclosed on their website.

6. Fund Management

Sky Forex supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $250.

Deposits are typically processed within 24 hours, allowing traders to fund their accounts promptly. However, the broker does not specify any deposit fees, making it an attractive option for new traders.

Withdrawals can be made through similar methods, but specific limitations and processing times are not detailed. Clients should be aware of potential withdrawal fees, which may apply depending on the chosen method.

The processing time for withdrawals can take between 1 to 5 business days, depending on the payment method selected by the client.

7. Customer Support and Educational Resources

Sky Forex provides customer support through various channels, including phone, email, and live chat. The support team is available during business hours to assist clients with inquiries and issues. However, specific service hours and time zone coverage are not clearly stated.

The broker offers support in multiple languages, catering to a diverse clientele. Educational resources include webinars, tutorials, and eBooks designed to enhance traders' knowledge and skills.

Market analysis services are also available, providing clients with daily insights, news updates, and research reports to help them make informed trading decisions. Additionally, Sky Forex offers a suite of trading tools, including calculators, economic calendars, and signal services.

8. Regional Coverage and Restrictions

Sky Forex primarily serves clients in Indonesia and aims to expand its reach to other regions. However, the broker does not accept clients from certain countries due to regulatory restrictions.

The specific regions where Sky Forex operates are not extensively detailed, but potential clients should check the broker‘s website for any country-specific limitations. The broker’s focus on the Indonesian market may limit its appeal to traders in other regions.

In summary, Sky Forex is a burgeoning brokerage firm that offers a range of trading services, albeit with some regulatory concerns. Traders considering this platform should weigh the potential risks associated with trading with an unregulated broker while exploring the diverse product offerings and competitive trading conditions available at Sky Forex.

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SKY PRIME INTERNATIONAL Forex Broker has an overall rating of 1.46, Regulatory Index 0.00, License Index 0.00, Business Index 6.64, Software Index 4.00 Risk Control Index 0.00.
SKY PRIME INTERNATIONAL