SkyFxtrading Review : Fees, Pros and Cons, Reviews by Real Traders

SkyFxtrading

Operating status: SCAM

Website: https://www.skyfxtrading.com/

Broker violations and abnormal records

Aug 30, 2022 The Ontario OSC Added SkyFxtrading into Its Warning
On 31 Aug 2022, the Ontario Securities Commission (OSC) issued a warning that SkyFxtrading is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/skyfxtrading

On 31 Aug 2022, the Ontario Securities Commission (OSC) issued a warning that SkyFxtrading is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/skyfxtrading
Aug 31, 2022 BrokerView has Reviewed that SkyFxtrading is an Unregulated Forex Broker
SkyFxtrading claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
SkyFxtrading also claims to be located in the USA. So we searched the National Futures Association (NFA) of the United States but found no matching result. That means SkyFxtrading is not regulated in the USA.
Moreover, the Ontario Securities Commission (OSC) issued a warning that SkyFxtrading is not registered in Ontario to engage in the business of trading in securities.
The truth is that SkyFxtrading is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

SkyFxtrading claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. SkyFxtrading also claims to be located in the USA. So we searched the National Futures Association (NFA) of the United States but found no matching result. That means SkyFxtrading is not regulated in the USA.Moreover, the Ontario Securities Commission (OSC) issued a warning that SkyFxtrading is not registered in Ontario to engage in the business of trading in securities.The truth is that SkyFxtrading is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Nov 15, 2022 BrokersView has found that SkyFxtrading is not working
BrokersView found the domain "https://www.skyfxtrading.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://www.skyfxtrading.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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