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Switzerland
2022 (4 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Sky Financial
Company Information
Get to know Sky Financial
Sky Financial presents itself as an online broker offering trading services in forex, CFDs, and other financial instruments. However, it is not a legitimately registered or licensed company. Multiple financial conduct authorities have issued public warnings advising that this firm has been providing financial services or products without the required authorization. These regulators warn that consumers dealing with this entity are not protected by investor compensation schemes and are likely dealing with a scam operation. The "company" has no verifiable history or legitimate mission statement.
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