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Sky-Markets Forex Broker provides real users with * positive reviews, * neutral reviews and 8 exposure review!

Sky-Markets Broker Review

1.49

WikiFX monitor

Business

Influence E

License

No license

Sky-Markets Review 8

Latest All(8) Exposure(8)
Exposure
The system cannot withdraw fund and there are various inducement. Push the responsibility by various excuses

Can only deposit but not withdraw. Fraud broker manager pushes the responsibility to the company. Dangerous blackmail scam

fang53412
2022-02-28
Exposure

Cannot withdraw. Sending email to broker, but no response. They promised that it can be withdrawn anytime when I deposit...There is no response when I want to withdraw. I will expose it to prevent others from deceiving

fang53412
2022-01-04
Exposure
Do not invest here. Unable to withdraw

When I was looking for love, a man taught me how to make money. Now I was been cheated by 5000

shrimp99
2021-12-13
Exposure
Do not invest here. Unable to withdraw

A guy taught me how to earn money when we were in a relationship. Now I have been cheated of 5,000

Steven89908
2021-07-13
Exposure
Induced fraud

They deliberately operated liquidation and repeatedly asked for deposits. As a non-professional, I have seen a clear downward trend, but as a professional analyst, can’t they see it? Scammer, cheating, no conscience!

铠铠
2021-07-10
Exposure
Fraud broker with high handling fees

They made my money lost when I was sleeping after I had applied for withdrawal

제소중〖忠〗
2021-05-29
Exposure

There is a credit problem. Ask u to deposit funds but you are unable to withdraw in the end

绎心
2021-04-28
Exposure
Unable to withdraw. Scam.

They promised that I could withdraw funds at random. But then they said I had to deposit to support the bailout plan.

★☆落★花☆★
2021-04-15

  

Sky-Markets 2025 Review: Everything You Need to Know

  

Executive Summary

  Sky-Markets shows serious problems for potential investors. This platform earns an extremely low trust score of 2 out of 10, which signals significant red flags for traders considering this broker. This sky-markets review reveals that numerous investors have reported substantial financial losses, with many sources identifying the platform as a potential scam operation.

  The platform offers some seemingly attractive features such as a relatively low minimum deposit requirement of $100 and maximum leverage up to 1:500. However, these benefits are overshadowed by serious trust and regulatory concerns. Sky-Markets primarily targets traders with high risk tolerance, particularly those interested in forex and cryptocurrency trading.

  The lack of proper regulatory oversight and the abundance of negative user feedback suggest that even experienced traders should exercise extreme caution. Sky-Markets operates MetaTrader 4 and MetaTrader 5 platforms and claims to offer various tradeable assets including forex, commodities, indices, and cryptocurrencies. The platform's credibility is severely undermined by the absence of transparent regulatory information and the numerous reports of user financial losses that have surfaced across multiple review platforms.

  

Important Notice

  Sky-Markets lacks clear regulatory oversight and has not provided verifiable regulatory information. This raises serious concerns about its legitimacy and legal compliance across different jurisdictions. Potential traders should be aware that the platform may face legal and operational issues in various regions due to this regulatory gap.

  This review is based on comprehensive analysis of user feedback, market research, and publicly available information. Given the limited transparency from Sky-Markets itself, some information gaps exist, and traders are strongly advised to conduct additional due diligence before considering any engagement with this platform.

  

Rating Framework

Dimension Score Rating
Account Conditions 4/10 Below Average
Tools and Resources 3/10 Poor
Customer Service and Support 2/10 Very Poor
Trading Experience 3/10 Poor
Trust and Reliability 2/10 Very Poor
User Experience 3/10 Poor
Overall Score 2.8/10 Very Poor

  

Broker Overview

  Sky-Markets operates as an online trading platform that claims to provide access to various financial markets. Specific details about its founding date and corporate background remain notably absent from available public information. The platform positions itself as a provider of forex and multi-asset trading services, targeting traders seeking high leverage opportunities and cryptocurrency trading access.

  The lack of transparent corporate information and regulatory disclosure creates immediate concerns about the platform's legitimacy and operational structure. The platform utilizes the popular MetaTrader 4 and MetaTrader 5 trading platforms, which are industry-standard choices that many legitimate brokers employ. Sky-Markets offers access to multiple asset classes including foreign exchange pairs, commodities, stock indices, and various cryptocurrencies.

  Despite these seemingly comprehensive offerings, this sky-markets review must emphasize that the platform operates without clear regulatory oversight from recognized financial authorities. This represents a significant risk factor for potential users considering the platform for their trading activities.

  

Detailed Information

  Regulatory Status: Sky-Markets operates without verifiable regulatory oversight from recognized financial authorities. The platform has not provided clear information about licensing or compliance with major regulatory bodies such as the FCA, CySEC, or ASIC.

  Minimum Deposit Requirements: The platform requires a minimum deposit of $100, which is relatively competitive compared to industry standards and accessible for beginning traders.

  Tradeable Assets: Available instruments include forex currency pairs, commodities, stock indices, and cryptocurrency CFDs. Specific details about the number of available instruments are not clearly disclosed.

  Leverage Options: Maximum leverage reaches up to 1:500, which is considerably high and presents significant risk for inexperienced traders.

  Trading Platforms: The broker offers MetaTrader 4 and MetaTrader 5 platforms. These provide familiar interfaces for traders experienced with these industry-standard platforms.

  Deposit and Withdrawal Methods: Specific information about payment methods, processing times, and associated fees is not readily available in public sources.

  Promotional Offers: Details about bonuses, promotions, or special offers are not clearly disclosed in available information.

  Geographic Restrictions: Information about regional limitations or restricted countries is not specified in available sources.

  Customer Support Languages: Available support languages and communication channels are not clearly outlined in accessible documentation.

  

Detailed Rating Analysis

  

Account Conditions Analysis (Score: 4/10)

  Sky-Markets' account conditions present a mixed picture that ultimately falls short of industry standards. The platform offers a relatively accessible minimum deposit of $100, which compares favorably to many established brokers requiring $250 or more. However, the lack of detailed account type information raises significant concerns.

  Most reputable brokers provide clear documentation about different account tiers, their respective features, benefits, and trading conditions. The absence of comprehensive account type information makes it difficult for traders to understand what services they're actually receiving for their deposit. Industry-standard features such as Islamic accounts for Muslim traders, VIP accounts for high-volume traders, or demo accounts for practice are not clearly documented.

  This sky-markets review finds that the platform's failure to provide transparent account structure information significantly undermines trader confidence and suggests operational deficiencies. User feedback consistently indicates dissatisfaction with account conditions, with many traders reporting unexpected limitations or changes to their account terms after deposit. The lack of clear account documentation combined with negative user experiences regarding account management creates substantial concerns about the platform's commitment to transparent and fair account administration.

  

Tools and Resources Analysis (Score: 3/10)

  The trading tools and resources offered by Sky-Markets appear limited and poorly documented, earning a below-average rating in this crucial category. The platform provides access to MetaTrader 4 and MetaTrader 5, which are comprehensive trading platforms with built-in analysis tools, charting capabilities, and automated trading support. However, Sky-Markets itself does not appear to offer significant additional proprietary tools or educational resources.

  Most established brokers supplement their platform offerings with comprehensive market analysis, daily market reports, economic calendars, and educational materials ranging from beginner guides to advanced trading strategies. The absence of such resources suggests that Sky-Markets provides minimal value-added services beyond basic platform access. This limitation particularly impacts newer traders who rely on broker-provided education and market insights to develop their trading skills.

  User feedback consistently reflects disappointment with the lack of effective trading tools and analytical resources. Many traders report that the platform fails to provide the research and analysis support they expected, forcing them to seek third-party resources for market analysis and trading education. The platform's minimal investment in trader education and market research tools indicates a concerning lack of commitment to trader success and development.

  

Customer Service and Support Analysis (Score: 2/10)

  Customer service represents one of Sky-Markets' most significant weaknesses, earning an extremely poor rating based on widespread user complaints and documented service failures. Available information suggests that the platform lacks adequate customer support infrastructure. Users report extended response times, unhelpful responses, and difficulty reaching qualified support representatives when issues arise.

  The absence of clearly documented customer service channels, operating hours, and support languages creates additional barriers for traders seeking assistance. Most reputable brokers provide multiple contact methods including live chat, email support, and telephone assistance with clearly stated response time commitments. Sky-Markets appears to fall far short of these industry standards.

  Multiple user reports indicate that customer service quality is particularly poor when traders encounter problems with withdrawals or account access. Many users describe frustrating experiences where support representatives provide inadequate assistance or fail to resolve legitimate concerns. The pattern of poor customer service, combined with the platform's trust issues, suggests systemic problems with the broker's commitment to client satisfaction and support.

  

Trading Experience Analysis (Score: 3/10)

  The overall trading experience with Sky-Markets receives a poor rating due to multiple factors that negatively impact trader satisfaction and success. User feedback indicates significant issues with platform stability, order execution quality, and overall trading environment reliability. These problems are particularly concerning given that consistent platform performance is essential for successful trading outcomes.

  Traders report experiencing platform instability during important market periods, which can result in missed trading opportunities or unexpected losses. The lack of reliable order execution creates additional risks, as traders may face slippage, requotes, or execution delays that impact their trading strategies. Such technical issues are especially problematic for day traders and scalpers who require precise timing and reliable execution.

  This sky-markets review notes that the trading environment appears to suffer from inconsistent spreads and unclear fee structures, making it difficult for traders to accurately calculate their trading costs. The combination of technical issues, unclear pricing, and poor support creates a trading experience that falls well below industry standards and poses significant risks to trader capital and success.

  

Trust and Reliability Analysis (Score: 2/10)

  Trust and reliability represent Sky-Markets' most critical weakness, with the platform earning an extremely poor rating due to fundamental issues with regulatory compliance, transparency, and user protection. The complete absence of verifiable regulatory oversight from recognized financial authorities creates immediate and serious concerns about trader fund security and platform legitimacy.

  Legitimate brokers typically maintain licenses from established regulatory bodies such as the Financial Conduct Authority, Cyprus Securities and Exchange Commission, or Australian Securities and Investments Commission. These regulators require strict compliance with capital adequacy requirements, client fund segregation, and operational transparency standards. Sky-Markets' lack of such oversight means traders have no regulatory protection or recourse if problems arise.

  The platform's poor industry reputation, with multiple sources identifying it as a potential scam operation, further undermines its trustworthiness. User reports of financial losses and difficulty withdrawing funds create a pattern consistent with fraudulent operations. The lack of corporate transparency, combined with negative industry recognition and user experiences, makes Sky-Markets an extremely high-risk choice for traders concerned about fund security and platform legitimacy.

  

User Experience Analysis (Score: 3/10)

  The overall user experience with Sky-Markets receives a poor rating based on widespread user dissatisfaction and documented usability issues. Some users may initially find the platform accessible due to its low minimum deposit requirement. However, the overall experience quickly deteriorates due to various operational and service issues that impact user satisfaction.

  User feedback consistently indicates low satisfaction levels, with many traders expressing disappointment about their experience with the platform. Common complaints include difficulties with platform navigation, unclear fee structures, poor communication from the broker, and problems with account management. These issues create a frustrating experience that detracts from users' ability to focus on their trading activities.

  The platform appears to attract traders seeking high-risk, high-reward opportunities, particularly those interested in cryptocurrency trading and high leverage forex positions. However, even traders with high risk tolerance report negative experiences due to the platform's operational deficiencies and poor customer service. The combination of trust issues, poor support, and operational problems creates an overall user experience that fails to meet reasonable expectations for a trading platform.

  

Conclusion

  This comprehensive sky-markets review concludes that Sky-Markets presents an extremely high-risk proposition that cannot be recommended for traders seeking a reliable and trustworthy trading environment. The platform's trust score of 2 out of 10, combined with the absence of regulatory oversight and numerous reports of user financial losses, creates a risk profile that far outweighs any potential benefits.

  Sky-Markets may appeal to traders attracted by its low minimum deposit of $100 and high leverage options up to 1:500. However, these features cannot compensate for the fundamental issues with trust, reliability, and regulatory compliance. The platform's poor customer service, limited trading tools, and negative user experiences further reinforce the conclusion that traders should seek alternative brokers with proper regulatory oversight and proven track records of client protection and satisfaction.

Sky-Markets review