Skyline Trading Forex Broker

Skyline Trading Review Summary Founded2011 Registered Country/RegionMauritius RegulationFSC Market Instruments170+ Currency Pairs, forex, CFDs, crypto, indices Demo Account❌ LeverageUp to 1:500 SpreadLow spreads but not specified Trading PlatformsMT5 Minimum Deposit$1000 Customer Support24/7 support Phone: +230 2145913 Email: support@skylinetrading.com Address: Level 6, Ken Lee Building, 20 Edith Cavell Street, Port Louis, Mauritius. Social media: Facebook, Instagram, YouTube Founded in Mauritius in 2011 and regulated by the FSC, Skyline Trading offers over 170 currency pairs, forex, CFDs, crypto, and indices for trading with the MT5 platform. Moreover, they provide 24/7 customer support and offer four account types with a minimum deposit starting at $1000, leverage up to 1:500 and commission-free trading with varying spread types.Pros and Cons ProsCons Regulated by FSCNo demo account Diverse customer support channelsHigh minimum deposit No commission A wide range of products Diverse account types Multiple payment methods MT5 availableIs Skyline Trading Legit? Yes, Skyline Trading is currently regulated by FSC, holding a Retail Forex License. Regulated CountryRegulated AuthorityRegulated EntityCurrent StatusLicense TypeLicense Number The Financial Services Commission, Mauritius (the 'FSC')Skyline Markets LtdRegulatedRetail Forex LicenseGB24203541What Can I Trade on Skyline Trading? On Skyline Trading, you can trade 170+ Currency Pairs, forex, CFDs, crypto, and indices. Tradable InstrumentsSupported Forex✔ CFDs✔ Currency Pairs✔ Commodities❌ Indices✔ Cryptocurrencies✔ Shares❌ ETFs❌ Bonds❌ Mutual Funds❌Account Type Skyline Trading offers four account types with a minimum deposit requirement of $1000 (standard account). Standard AccountPro AccountPro+ AccountVIP Account Minimum Deposit$1,000$10,000$25,000$50,000Leverage The maximum leverage is up to 1:500. Note that high leverage can amplify both profits and losses. Spreads & Commission Standard AccountPro AccountPro+ AccountVIP Account SpreadsHighLowUltra LowFix Low CommissionNoNoNoNoTrading Platform Trading PlatformSupportedAvailable DevicesSuitable for MT5✔PC, web, mobileExperienced traders MT4❌/BeginnersDeposit and Withdrawal Deposit MethodCurrency(ies)Processing TimeFees/CommissionsMinimum Amount VISAUSDInstantNo Commission$100 MasterCardUSDInstantNo Commission$100 BitcoinUSDInstantNo Commission- Tether (USDT)USD, USDTInstantNo Commission- SkrillUSD, EUR, GBP, PLN, CZKInstantNo Commission- NetellerUSD, EUR, GBP, NGN, INRInstantNo Commission$5 Bank Wire TransferUSDInstantNo Commission- Withdrawal MethodCurrency(ies)Processing TimeFees/CommissionsMinimum Amount VISAUSD24 HoursNo Commission- MasterCardUSD24 HoursNo Commission- BitcoinUSD, USDTInstantNo Commission- Tether (USDT)USD, USDTInstantNo Commission- SkrillUSD, EUR, GBP, PLN, CZK1 Business DayNo Commission- NetellerUSD, EUR, GBP, NGN, INR24 HoursNo Commission1 USD/GBP/EUR/NGN/INR Bank Wire TransferUSD24 HoursNo Commission$100