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Score

1.44 /10
Danger

Sky Gold Market

Seychelles

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://skygoldmarket.com

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Score

Regulatory Index0.00

Business Index6.44

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Sky Gold Market Ltd

Company Abbreviation

Sky Gold Market

Platform registered country and region

Seychelles

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-01-18
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Sky Gold Market · Company summary
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

User Reviews

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User comment

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Comments

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【于
more than one year
This is the most powerful trading platform I ever used, and it allows you to analyze trading, apply strategies, and trade in one place. It offers real-time trading and charting. It has various tools for charting and many in-depth features for you to understand the chart setups. Great experience.
This is the most powerful trading platform I ever used, and it allows you to analyze trading, apply strategies, and trade in one place. It offers real-time trading and charting. It has various tools for charting and many in-depth features for you to understand the chart setups. Great experience.
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2023-02-21 15:46
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FX1111234134
more than one year
Terrible trading experience I have to say, they added slippage to my order, I wanted to quit, but they didn’t allow. I have to go on, end up with losing a big sum. **** it!
Terrible trading experience I have to say, they added slippage to my order, I wanted to quit, but they didn’t allow. I have to go on, end up with losing a big sum. **** it!
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2022-12-06 14:30
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