SkyTrade Forex Broker

SkyTrade Review SummaryFounded2023Registered Country/RegionCanadaRegulationUnregulatedMarket InstrumentsForex, Indices, Futures, Stocks, Cryptocurrency, Commodities, Silver, Gold, Crude Oil, Crypto Futures, TWT TradingDemo Account✅LeverageUp to 1:500Spread/Trading PlatformWeb Platform, Windows Application, Mobile App (iOS and Android)Min Deposit/Customer Supportinfo@skytrade.co+91 8108693064Online chatSkyTrade Information SkyTrade, which was established in 2023, offers a wide range of tradable goods, such as FX, indices, commodities, and cryptocurrencies. It allows trading on desktop programs, mobile apps, and web platforms and is accessible to traders of all ability levels.Pros and ConsPros Cons Wide range of tradable instrumentsUnregulatedDemo account availableNo detailed information about spreads or feesMultiple trading platformsIs SkyTrade Legit? SkyTrade is not regulated in Canada, where it was registered. Furthermore, it is neither licensed by the UK Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission. On September 9, 2023, GoDaddy.com, LLC registered skytrade.co. The last update occurred on August 8, 2024, and it will finish on September 9, 2025. The current domain status includes ClientTransferProhibited.What Can I Trade on SkyTrade? In several marketplaces, SkyTrade provides a range of tradable products.Tradable Instruments Supported Forex✔Indices✔Futures✔Stocks✔Cryptocurrency✔Multi-Commodity Exchange✔Commodity Trading✔Silver Trading✔Crude Oil✔Gold Trading✔Crypto Futures✔Crypto Exchange✔TWT Trading✔Crypto Bitcoin✔Crypto Ethereum✔Leverage SkyTrade offers leverage up to 1:500, boosting traders' potential with little funds. This high leverage allows inexperienced and professional traders to gain financial market exposure.Trading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersWeb Platform✔Web BrowsersEasy-access trading for beginners and expertsWindows Application✔Desktop (Windows)Desktop traders seeking security and stabilityMobile App✔iOS and Android (via Play Store/App Store)Mobile tradersDeposit and Withdrawal The broker does not specify any fees for deposits or withdrawals. The payment methods including Net Banking and QR Code.MethodMin. AmountFeesProcessing TimeNet BankingNot mentionedNot mentionedInstant (Deposit)QR CodeNot mentionedNot mentionedInstant (Deposit)