Skyline Forex Broker
Basic Information
Mauritius
1-2 years Regulated in Mauritius Retail Forex License MT5 Full License Regional Brokers High potential risk Offshore RegulatedCompany profile
Rating Index
Pros
Regulated by the Financial Services Commission (FSC) in Mauritius
Diverse range of trading products including over 170 currency pairs, CFDs, and cryptocurrencies
24/7 customer support available through multiple channels
Cons
High minimum deposit requirement of $1,000
No demo accounts offered for practice trading
Mixed reviews regarding withdrawal processes and overall trustworthiness
Skyline Trading Forex Broker - Complete Information Guide
1. Overview of the Broker
Skyline Trading, also known as Skyline Trading Ltd, is an independent brokerage firm that provides access to financial markets for individual, corporate, and institutional clients. Established in 2021, the company is headquartered in Port Louis, Mauritius, specifically at Level 6, Ken Lee Building, 20 Edith Cavell Street. As a private entity, Skyline Trading operates without being publicly listed.
The brokerage primarily serves a diverse clientele, including retail traders looking to engage in forex and CFD trading, as well as institutional clients seeking market access. Skyline Trading aims to facilitate trading across various financial instruments, including currencies, commodities, and indices.
Despite its recent inception, Skyline Trading has positioned itself in the competitive landscape of online trading by promoting values such as integrity, transparency, and innovation. However, it has faced scrutiny regarding its regulatory status and operational practices, with multiple sources labeling it as a potential scam.
Skyline Trading operates primarily under a retail forex model, offering trading services directly to individual traders while also providing institutional services. The company claims to prioritize customer experience and aims to deliver a seamless trading environment.
2. Regulatory and Compliance Information
Skyline Trading operates without any valid regulatory licenses. The absence of oversight from recognized financial authorities such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC) raises significant concerns regarding its legitimacy. According to various sources, including WikiFX and Forex-Fun, Skyline Trading lacks the necessary documentation to prove its compliance with financial regulations.
- Regulatory Bodies: None
- Regulatory License Number: Not applicable
- License Validity: No valid license
- Legal Entities: Skyline Trading Ltd, registered in Mauritius
- Client Fund Segregation Policy: Not disclosed
- Investor Compensation Fund Participation: Not applicable
- KYC and AML Compliance Measures: Not verified
The lack of regulation means that clients have no legal recourse in the event of disputes or fraudulent activities, making it crucial for potential investors to exercise extreme caution when considering engaging with Skyline Trading.
3. Trading Products and Services
Skyline Trading offers a variety of trading products, primarily focusing on the following categories:
- Forex Currency Pairs: The broker claims to provide access to a range of forex pairs, although specific numbers and major pairs are not disclosed.
- CFD Products: Skyline Trading offers CFDs on various assets, including:
- Indices: Major global indices
- Commodities: Such as oil and gold
- Stocks: Shares from notable companies
- Cryptocurrencies: Access to popular digital currencies
While Skyline Trading promotes a diverse selection of instruments, there is limited information regarding the frequency of product updates or the introduction of new trading instruments. The broker claims to support both retail and institutional trading needs, although specific details on institutional services are not available.
4. Trading Platforms and Technology
Skyline Trading provides its clients with access to the popular MetaTrader 4 (MT4) trading platform. MT4 is widely recognized for its user-friendly interface, advanced charting capabilities, and support for automated trading through Expert Advisors (EAs).
- Platform Support: MetaTrader 4
- Self-Developed Platform: Not mentioned
- Web-Based Trading: Available, although specifics are not detailed
- Mobile Applications: The availability of mobile apps for iOS and Android is not confirmed
- Execution Model: The nature of execution (ECN, STP, Market Making) is not clearly defined
- Server Locations and Infrastructure: Not disclosed
- API Access and Automated Trading Support: Information on API access is not provided
The reliance on MT4 indicates a commitment to providing a robust trading environment, but the lack of additional details on technology infrastructure and proprietary platforms raises questions about the overall trading experience.
5. Account Types and Trading Conditions
Skyline Trading offers various account types, although specific details are limited. The broker provides the following account conditions:
- Standard Account Conditions: Minimum deposit requirements and trading conditions are not clearly defined.
- Advanced Account Types: Information on VIP or professional accounts is not available.
- Special Accounts: No mention of Islamic or corporate accounts.
- Demo Account Policy: Not specified
- Leverage Ratios: Leverage information is not disclosed, which is critical for traders.
- Minimum Trade Sizes: Not provided
- Overnight Fees: Not specified
The lack of clarity regarding account types and trading conditions may deter potential clients who seek transparency in their trading arrangements.
6. Fund Management
Skyline Trading supports several deposit methods, although specific options are not detailed in the available information.
- Supported Deposit Methods: Likely includes bank transfers, credit cards, and electronic wallets, but specifics are not confirmed.
- Minimum Deposit Requirements: Not disclosed for different account types.
- Deposit Processing Times: Not specified.
- Deposit Fees: Not mentioned.
- Withdrawal Methods and Restrictions: The process for withdrawals, including any limitations, is not provided.
- Withdrawal Processing Times: Not specified.
- Withdrawal Fee Structure: Not disclosed.
The ambiguity surrounding fund management practices is concerning, as it is critical for traders to understand how their funds will be handled.
7. Customer Support and Educational Resources
Skyline Trading offers limited customer support options.
- Support Channels: Primarily via email, with no clear indication of phone support or live chat availability.
- Service Hours and Time Zone Coverage: Not specified.
- Multilingual Support: Information on language support is not provided.
- Types of Educational Resources: No specific educational materials such as webinars, tutorials, or eBooks are mentioned.
- Market Analysis Services: No details on daily analysis, news, or research reports.
- Trading Tools: Information on calculators, calendars, or signal services is not provided.
The lack of comprehensive support and educational resources may hinder traders' ability to make informed decisions.
8. Regional Coverage and Restrictions
Skyline Trading appears to target a global market, but specific details are sparse.
- Primary Service Markets: Not explicitly mentioned.
- Regional Office Distribution: No information provided.
- Countries/Regions Not Accepted: Not specified.
- Special Restrictions: No details available.
The absence of clear regional coverage information may pose challenges for potential clients in understanding where they can legally trade.
In conclusion, while Skyline Trading presents itself as a broker offering various financial services, the lack of regulation and transparency raises significant concerns. Potential investors are strongly advised to conduct thorough research and consider safer, regulated alternatives before engaging with Skyline Trading.
Skyline Similar Brokers
Latest Reviews
FX1438000113
United Arab Emirates
I feel it is my duty to share my experience so that others do not fall into the same trap I did with Skyline Trading and their representative Alex. On 27 August 2025, Alex from Skyline Trading contacted me and strongly persuaded me to place a trade in natural gas, despite my initial intention to only complete a fund transfer later in the day. Trusting his advice, I executed the trade. Within seconds, my account balance dropped by –USD 4,000 due to what he later called a “high spread.” In shock, I immediately contacted Alex. Instead of taking responsibility, he told me to place another order (a buy option). After following his instructions, my account balance showed a further –USD 700 loss. Please dont get in ther trap
Exposure
08-29
FX6080642025
India
⭐ 1-Star Review: Skyline Trading Ltd – Coercive, Unethical, and Withholding Funds I invested $2,025 USD with Skyline Trading Ltd and grew my account equity to $8,583.30 USD, which included a $1,000 broker credit. Despite this, my experience has been deeply manipulative and financially damaging. After I posted a public review about unresolved withdrawal issues, I was contacted by a staff member named Hussain. He pressured me to delete my review, promising that Skyline would process my pending $3,000 USD withdrawal and remove the running losses caused by trades placed by their Relationship Manager (RM)—trades I did not authorize and were not my fault. Yet, the broker framed the removal of those losses as a favor, not a correction. Following this, I initiated a $3,000 transfer from my trading account to my wallet and then to my bank account. While this partial withdrawal was processed, the majority of my equity and profits remain withheld. My wallet now shows a balance of $0 USD,
Exposure
08-27
Harish Nadarajan
India
I am filing a complaint against Skyline Markets Limited for failing to process my withdrawal request. My account details: Client ID: CU6941 MT5 Account Number: 211295 Account Balance: USD 832 On August 13, 2025, I submitted a withdrawal request. Today, more than one month has passed, but my withdrawal has not been processed. In this time, I have made several follow-up attempts: 20 times I submitted MT5 to Wallet transfer requests 3 times I created support tickets 5 times I sent emails Still, I have received no response and my funds remain blocked. I deposited funds in good faith and completed all required verifications. My account is valid and active, yet the broker is not releasing my money. This shows serious issues with their reliability. I request to investigate this case and take necessary steps to help me recover my funds from Skyline Markets. Proofs available: Crypto deposit transaction hash and wallet address Withdrawal request screenshots
Exposure
19h