SkyFx Review

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Company Overview

SkyFx is a registered trade name regulated by CySec and is dealing with traders all over the world since 2012 from Limassol, Cyprus. A group of professional with years of experience laid down its foundation. Their goal is to bring forward an exceptional online dealing experience to their clients. The company works on three core principles, which are to do better in the market, build greater investments, and deal more tactically by making unique decisions.

Trading Platform

SkyFx provides the best trading platform in the industry, which is MetaTrader 4. This software offers each and every necessary tool needed for a successful and convenient trading experience. It is readily available on the web and iOS and Android devices, providing an optimum package for all traders, whether professional or non-professional.

The company presents three different account types, which are STP Classic, STP VIP, and STP Platinum. STP Classic account can be created with a minimum balance of $500. Spread is flexible, starting from 1.8 pips. STP VIP account is opened with $20,000 with spread starting from 1.3 pips and STP Platinum account with $100,000 with the spread as low as 0.8 pips. All of the three accounts are free of commission and have a leverage of 1:300 on forex, 1:100 of cash indices and spot metals, and 1:50 on spot oil. All accounts are market execution type with a minimum lot size of 0.05 and maximum trade size per trade of 50 lots. Account currency is USD. All of the accounts support 44 currency pairs for trading, nine cash indices, 4 spot metals, and 2 spot oils. Margin call level and stop out level in all sorts of accounts are 3%. Amateur or new clients can also open a demo account for practicing first. However, clients from the US are not welcome.

SkyFx provides assorted payment solutions for deposits and withdrawals ranging from wire transfer, debit and credit cards, and various e-wallets.

Features

  • Offers one-click execution
  • Allows hedging and scalping
  • Allows mobile and web trading
  • No commission fees
  • Well-regulated by CySec
  • Provides bonuses and rewards
  • Leverage up to 300:1
  • Trading in currencies, metals, oil, cash indices

Customer Service

SkyFx has a multi-lingual customer service which includes English, German, French, Turkish and various other languages. Customer support is available through e-mails, live chats, Skype and phone calls, and it also provides call-back service. It also provides a separate link on its website for clients who want a quick and prompt reply to deal their issues.

Conclusion

SkyFx presents with a very assorted range of trading choices that are very beneficial for investors. Hedging boosts long-term investors so that they can secure their trades, whereas scalping boosts short-term investors who wanted to trade almost regularly in high amount. Also, clients are bestowed with a variety of educational tools, including online courses, daily market analysis, online education center and live webinars held by leading experts of the forex market.

Office website: https://skyfx.com/

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