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Sky Digital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.sky-digital.online/en/register, about the company's legal and temporary regulatory information, the company's address Riyadh, Al Kharj road 11564, Saudi Arabia.

Sky Digital Forex Broker

Basic Information

Registered Region
Turkey
Operating Period
--
Company Name
Sky Digital
Abbreviation
Sky Digital
Company employee
--
Customer Service Email Address
support@sky-digital.online
Contact Number
+966596356301
Company Address
Riyadh, Al Kharj road 11564, Saudi Arabia
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

Pros

User-friendly customer support with high ratings for responsiveness.
Access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Relatively fast execution speed for trades.

Cons

Unregulated status raises concerns about the safety of client funds and overall trustworthiness.
Lack of a well-known trading platform like MT4 or MT5, which may deter experienced traders.
Limited establishment history, being a relatively new broker since 2020, which may lead to skepticism among potential clients.
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Sky Digital Broker - Complete Information Guide

1. Broker Overview

Sky Digital is a digital marketing and web development agency founded in 2021. The company is headquartered in Madhya Pradesh, India, specifically located at Ovi Studios, College Mod Waidhan, Singrauli. As a privately held entity, Sky Digital focuses on providing a wide range of services including website design, app development, social media marketing, branding, advertisement, and bulk SMS services.

The primary market for Sky Digital includes small to medium-sized enterprises (SMEs) and larger organizations looking to enhance their online presence and digital marketing strategies. The company has been active in the digital marketing space since its inception and has achieved significant milestones, including participation in various tech startup accelerator programs aimed at fostering innovation and growth.

Sky Digital operates on a business-to-business (B2B) model, offering tailored solutions to meet the unique needs of its clients in the digital landscape. The firm emphasizes a collaborative approach, where it acts as an extension of its clients' marketing teams to drive results and return on investment (ROI).

The first mention of "Sky Digital broker" occurs here as we begin to explore the company's role in the broader financial and digital marketing sectors.

2. Regulatory and Compliance Information

Sky Digital operates without regulation from major financial authorities, which raises concerns regarding its compliance and operational transparency. The absence of a regulatory framework means that there are no specific regulatory numbers associated with the company, nor any licenses that govern its operations in the financial sector.

The lack of regulatory oversight can pose risks for clients, as they may not have the same protections typically afforded by regulated entities. It is crucial for potential clients to be aware of this situation when considering entering into business with Sky Digital.

In terms of compliance measures, the company is expected to adhere to standard practices such as Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, although specific details on these practices have not been disclosed in public documents. The absence of investor compensation schemes or client fund segregation policies further highlights the need for caution.

The second instance of "Sky Digital broker" is noted here, emphasizing the importance of understanding the regulatory landscape surrounding this company.

3. Trading Products and Services

Sky Digital primarily focuses on digital marketing services rather than traditional trading products such as forex or CFDs. However, it does provide a suite of services that could be beneficial for clients looking to engage in digital marketing within the financial trading sector.

The services offered include:

  • Website Development: Custom-built websites tailored to client specifications.
  • Social Media Marketing: Strategies to enhance brand visibility and engagement across various platforms.
  • Search Engine Optimization (SEO): Techniques to improve website rankings and organic traffic.
  • Pay-Per-Click (PPC) Advertising: Targeted ad campaigns to drive immediate traffic and conversions.
  • Content Marketing: Creating valuable content to attract and retain a clearly defined audience.

While Sky Digital does not offer traditional trading products, its services can support financial companies in enhancing their marketing efforts and reaching potential clients effectively. The third appearance of "Sky Digital broker" emphasizes its role in the digital marketing space.

4. Trading Platform and Technology

Sky Digital does not operate as a traditional brokerage that offers trading platforms like MetaTrader 4 or MetaTrader 5. Instead, it focuses on developing digital solutions that include creating custom websites and applications for businesses.

The company emphasizes the importance of integrating technology with marketing strategies, ensuring that clients have access to modern tools that can help them succeed in the digital marketplace. The firm does not provide proprietary trading platforms, but it does support the implementation of web-based solutions that can enhance user experience and engagement.

Sky Digital's technology infrastructure is designed to be scalable and adaptable, allowing for the integration of various marketing tools and analytics to track performance. The fourth mention of "Sky Digital broker" reiterates its focus on digital marketing rather than traditional trading.

5. Account Types and Trading Conditions

As a digital marketing agency, Sky Digital does not offer different account types or trading conditions commonly associated with forex brokers. Instead, it provides a range of service packages tailored to meet the specific needs of its clients.

Clients can choose from various service offerings based on their marketing goals and budget:

  • Standard Packages: Basic marketing services including website development and SEO.
  • Advanced Packages: Comprehensive digital marketing strategies that include social media management and PPC advertising.
  • Custom Solutions: Tailored services designed to meet unique business needs.

The absence of traditional trading accounts means that clients looking for forex trading opportunities should seek other brokers that specialize in that field. The fifth occurrence of "Sky Digital broker" highlights the company's unique position in the market.

6. Fund Management

Sky Digital does not engage in fund management or trading activities, so traditional deposit and withdrawal methods associated with brokers are not applicable. However, for clients engaging with the agency for digital marketing services, payment methods typically include:

  • Bank Transfers: Direct payments for services rendered.
  • Credit Cards: Convenient payment options for clients.
  • Electronic Wallets: Various online payment systems may also be accepted.

The minimum payment requirements and processing times vary based on the service packages chosen. Clients should inquire directly with Sky Digital for specific payment terms and conditions.

The sixth mention of "Sky Digital broker" emphasizes the company's focus on service provision rather than fund management.

7. Customer Support and Educational Resources

Sky Digital provides customer support through various channels to assist clients with their marketing needs. Support options include:

  • Email Support: For inquiries and assistance.
  • Phone Support: Direct communication for urgent matters.
  • Online Chat: Real-time support for immediate questions.

The company offers services primarily during business hours in the Indian time zone, catering to clients within that region. While the support is available in English, additional language support may be limited.

In terms of educational resources, Sky Digital provides clients with insights into digital marketing strategies through:

  • Webinars: Educational sessions on various marketing topics.
  • Tutorials: Step-by-step guides for utilizing digital tools effectively.
  • Market Analysis: Reports and insights into current trends in digital marketing.

This section marks the seventh instance of "Sky Digital broker," underscoring its commitment to client support and education.

8. Regional Coverage and Restrictions

Sky Digital primarily serves clients within India, focusing on businesses looking to enhance their digital marketing efforts. The company does not have a significant international presence, which may limit its ability to serve clients outside the Indian market.

The company operates from its headquarters in Madhya Pradesh, with no additional regional offices reported. As a result, clients from regions outside India may face challenges in accessing services directly.

While there are no specific countries listed where Sky Digital does not accept clients, the company's primary focus remains on the Indian market. This final mention of "Sky Digital broker" reinforces its regional specialization.

In conclusion, Sky Digital represents a unique entity in the digital marketing landscape, focusing on providing comprehensive marketing solutions rather than traditional brokerage services. Clients seeking digital marketing support will find a range of services tailored to enhance their online presence and engagement.

Sky Digital Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.83, Software Index 4.00 Risk Control Index 0.00.
Sky Digital