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Sky Gold Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-12 15:43

Abstract:  Sky Gold Market was founded in 2022 and registered in Seychelles. It offers seven types of trading instruments: forex, futures, indices, shares, metals, energies, and cryptocurrencies with leverage up to 1:500 on WebTrader and Trader7 platforms. However, it is unregulated, and the minimum deposit is as high as $250.

Sky Gold Market Review Summary
Founded2022
Registered Country/RegionSeychelles
RegulationNo regulation
Market InstrumentsForex, futures, indices, shares, metals, energies, and cryptocurrencies
Demo Account/
LeverageUp to 1:500
SpreadTypical 1 pip (Beginner account)
Trading PlatformWebTrader, Trader7
Minimum Deposit$250
Customer SupportContact form
Phone: (+1) 251 418 4454
Email: support@skygoldmarket.com
Address: F26 First Floor, Eden Plaza, Eden Island, Seychelles

Sky Gold Market Information

  Sky Gold Market was founded in 2022 and registered in Seychelles. It offers seven types of trading instruments: forex, futures, indices, shares, metals, energies, and cryptocurrencies with leverage up to 1:500 on WebTrader and Trader7 platforms. However, it is unregulated, and the minimum deposit is as high as $250.

Sky Gold Market's homepage

Pros and Cons

ProsCons
Various trading instrumentsNo regulation
Offer four account typesHigh minimum deposit ($250)
No MT4/MT5
Unclear funding methods

Is Sky Gold Market Legit?

  Sky Gold Market is unregulated. Please be aware of the risk!

No license

  Its domain skygoldmarket.com was registered on August 21, 2022, and will expire on August 21, 2026.

Domain information

What Can I Trade on Sky Gold Market?

  Sky Gold Market offers a total of seven trading instruments: forex, futures, indices, shares, metals, energies, and cryptocurrencies.

Tradable InstrumentsSupported
Forex✔
Futures✔
Indices✔
Shares✔
Metals✔
Energies✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on Sky Gold Market?

Account Type & Fees

  Seychelles offers four account types: Beginner, Intermediate, Advanced, and VIP.

Account TypeBeginnerIntermediateAdvancedVIP
Minimum Deposit$250$20,000$50,000$100,000
Maximum Leverage1:5001:3001:100
Typical Spread1 pip0.1 pips0.7 pips0.1 pips
Commission on FX0$3.50 USD/EUR per 100,0000$2.50 USD/EUR per 100,000
Max Trade Size5 lots40 lotsUnlimited lots
Available InstrumentsFX, Indices, Commodities, Metals, Crypto, ActionsFX, Indices, Commodities, Metals
Account comparison 1
Account comparison 2

Leverage

  Sky Gold Market offers leverage up to 1:500, with the highest leverage available for the Beginner account, while the leverage for the Advanced account is lower, at 1:100. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

Trading Platform

  Sky Gold Market offers two main trading platforms: WebTrader and Trader7.

Trading PlatformSupportedAvailable DevicesSuitable for
WebTrader✔Web/
Trader7✔Windows, macOS, iOS, Android/
MT4❌/Beginners
MT5❌/Experienced traders
WebTrader
Trader 7

Related broker

No Regulation
Sky Gold Market
Company name:Sky Gold Market Ltd
Score
1.44
Website:https://skygoldmarket.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.44

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