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
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.
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Latest Reviews
FX5561059982
United Arab Emirates
Unfortunately, by Thursday night, all my trades had resulted in losses, and I was asked to immediately pay a compensation of $3,900, which I did. After that, Ahmed Ziad stopped responding, and it was clear that his involvement had ended. Shortly afterward, I received a call from Gishnu +971 58 625 4269, who tried to reassure me and offered his support. I began to trust him because he was the first person from Skyline to clearly explain my options and provided me with a new account manager named Vishnu +971 56 740 0627. They informed me that to continue trading, I needed an additional investment of $2,000 to recover my previous losses, which I reluctantly agreed to, hoping for proper support with smaller trades. Later, Gishnu urged me to invest another $3,000 in gold for guaranteed profits, promising that I could earn $2,000 and withdraw it the next day. While I received a profit of $1,250, he directed me to withdraw $1,700. Two days later, Gishnu called again, claiming a guaranteed investment opportunity in natural gas on Thursday. He convinced me to invest $5,000, assuring me that I could earn between $6,000 and $9,000 in profits. I trusted his words and made the payment, but after sending the amount...
Exposure
2025-08-18
FX5561059982
United Arab Emirates
From June 3 until July 1, I received numerous calls and messages from Afsal +971 56 948 6224 and Rizwan +971 56 553 8486. Despite my repeated expressions of disinterest, they continued to call, assuring me of their support and the success I could achieve with Skyline Trading. I felt pressured to join. According to Rizwan, I initially paid $1,000 and was assigned a Relationship Manager (RM), Ahmed Zyadh +971 52 813 6891. He continually reassured me of a 100% guarantee on my investments, which led me to deposit 10000 dollars under the premise that I could withdraw it within a week. However, he instructed me to open numerous trades with high buy and sell amounts. As doubts began to creep in, I communicated my concerns to him, but he insisted everything was fine, claiming some trades were profitable. Unfortunately, by Thursday night, all my trades had resulted in losses, and he requested an immediate recovery payment of $3,900, which I paid. After that, Ahmed Zyadh stopped responding, an
Exposure
3d
Nawaf Alahmed
United Arab Emirates
The company is fraudulent and all its employees are scammers. Before depositing the amount, even the manager will talk to you, but after the deposit, everyone disappears and causes you losses by unjustifiably increasing the spread. I have all the evidence against them. You will be legally prosecuted.
Exposure
2025-08-18