No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

Sky Trade

Singapore | 2-5 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://skytrade.site/

Website

Time Machine

Rating Index

Contact

https://skytrade.site/

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-03-26

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Singapore

Operating Period

2-5 years

Company Name

Sky Trade

Customer Service Email Address

info@skytrade.site

Company Website

https://skytrade.site/

Website

Genealogy

Related Companies

Company Summary

Wiki Q&A

Comment

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Details

Official Website

Website

skytrade.site
103.142.174.112
Server Location
India
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
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Company
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Genealogy

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Sky Trade

Related Companies

SKY TRADE(Singapore)

Active

Singapore

Registration No.53068697W

Established2022-07-16

Related sourcesWebsite Announcement

Review summary

Sky Trade is a forex broker that has been operational for 2-5 years and is registered in Singapore. According to WikiFX data, the entity holds no valid authoritative forex trading licenses, placing it outside mainstream financial regulatory frameworks. Its overall WikiFX Score of 1.43 reflects significant concerns regarding its operational legitimacy and the absence of formal oversight. There is no public data available on specific trading conditions such as minimum deposits, leverage, or supported platforms like MT4/MT5. Given the complete lack of regulation, engaging with this broker presents a high degree of operational and financial risk for potential clients. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)

Keywords

2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Wiki Q&A

How is the fund security of Sky Trade evaluated?

WikiFX data shows Sky Trade holds no valid financial licenses, which is a critical factor in fund security evaluation; the absence of formal regulatory oversight means client deposits are not protected under standard compensation schemes.

Two days ago

United States

Is Sky Trade suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Sky Trade or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

Two days ago

United States

What essential information should I know before trading with Sky Trade?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

Two days ago

United States

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