Skyriss

Skyriss is regulated by the Financial Services Commission (FSC) of Mauritius under a Securities Trading License and holds an active Investment Advisory License from the Capital Market Authority (CMA) of the UAE. The broker has a core score of 5.87 out of 10, with moderate regulatory and license indices. However, user reviews include both positive feedback and complaints about withdrawal delays and account freezes. As with any broker, traders should conduct their own due diligence before committing funds.

Yes, Skyriss is regulated. Its entity SKYRISS SECURITIES (MAURITIUS) LTD holds a Securities Trading License (EP) from the Financial Services Commission (FSC) of Mauritius (license number GB25204272). Additionally, its affiliate SKYRISS FINANCIAL CONSULTANCY L.L.C holds an active Investment Advisory License from the Capital Market Authority (CMA) of the United Arab Emirates (license number 20200000268).

The minimum deposit varies by account type. The Cent, Pro, and Plus accounts require a minimum deposit of $10. The Standard account requires $100, the Raw account requires $1,000, and the Institutional account requires $10,000. Therefore, the lowest minimum deposit is $10.

Skyriss supports MetaTrader 5 (MT5) with a full license. It does not support MetaTrader 4 (MT4).

Pros: Regulated by the FSC Mauritius and CMA UAE; low minimum deposit of $10; supports MT5; offers high leverage up to 1:500; allows scalping, hedging, and EA usage; multiple account types including a Cent account. Cons: Short operating history (1-2 years); registered in Saint Lucia (offshore); user reviews report withdrawal delays and frozen accounts; moderate overall score of 5.87; no Islamic account options.

Yes, there are user complaints. Several reviews mention difficulties with withdrawals, including delays, frozen accounts, and inability to withdraw funds. At the same time, some users have posted positive experiences regarding platform stability and customer support. The presence of complaints should be considered when evaluating the broker.

It is not publicly specified whether Skyriss accepts clients from the United States. Due to regulatory restrictions, many offshore brokers do not offer services to US residents. Traders should verify directly with Skyriss or consult their local regulatory authorities.

Skyriss offers a low minimum deposit ($10), a Cent account for small trades, and support for MT5, which is beginner-friendly. The broker allows EA usage and scalping. However, the presence of user complaints about withdrawals and the broker's short operating history suggest that beginners should proceed with caution and conduct thorough research before trading.

The broker does not publicly disclose specific deposit and withdrawal methods or processing times. User reviews indicate that some withdrawals have experienced delays, with at least one report of a withdrawal taking five days to process. For accurate and current information, traders should contact Skyriss directly.

Skyriss offers six account types: Institutional (min $10,000, max leverage 1:200), Cent (min $10, 1:500), Pro (min $10, 1:500), Plus (min $10, 1:500), Standard (min $100, 1:500), and Raw (min $1,000, 1:500, spread 0). All accounts support scalping, hedging, and EA usage. No Islamic account is available. The main differences are the minimum deposit, leverage, and the Raw account's zero spread.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

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Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.