Skyline Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-20 11:02

Abstract：Founded in Mauritius in 2011 and regulated by the FSC, Skyline Trading offers over 170 currency pairs, forex, CFDs, crypto, and indices for trading with the MT5 platform. Moreover, they provide 24/7 customer support and offer four account types with a minimum deposit starting at $1000, leverage up to 1:500 and commission-free trading with varying spread types.

Skyline Trading Review Summary
Founded	2011
Registered Country/Region	Mauritius
Regulation	FSC
Market Instruments	170+ currency pairs, forex, CFDs, cryptos, indices
Demo Account	❌
Leverage	Up to 1:500
Spread	Low spreads but not specified
Trading Platform	MT5
Minimum Deposit	$1,000
Customer Support	24/7 support
	Phone: +230 2145913
	Email: support@skylinetrading.com
	Address: Level 6, Ken Lee Building, 20 Edith Cavell Street, Port Louis, Mauritius.
	Social media: Facebook, Instagram, YouTube

　　Founded in Mauritius in 2011 and regulated by the FSC, Skyline Trading offers over 170 currency pairs, forex, CFDs, cryptos, and indices for trading with the MT5 platform. Moreover, they provide 24/7 customer support and offer four account types with a minimum deposit starting at $1,000, leverage up to 1:500 and commission-free trading with varying spread types.

Pros and Cons

Pros	Cons
Regulated by FSC	No demo accounts
Diverse customer support channels	High minimum deposit
No commission
A wide range of trading products
Diverse account types
Multiple payment methods
MT5 available

Is Skyline Trading Legit?

　　Yes, Skyline Trading is currently regulated by FSC, holding a Retail Forex License.

Regulated Country	Regulated Authority	Regulated Entity	Current Status	License Type	License Number
	Financial Services Commission, Mauritius (FSC)	Skyline Markets Ltd	Regulated	Retail Forex License	GB24203541

What Can I Trade on Skyline Trading?

　　On Skyline Trading, you can trade 170+ currency pairs, forex, CFDs, cryptos, and indices.

Tradable Instruments	Supported
Forex/currency pairs	✔
CFDs	✔
Indices	✔
Cryptocurrencies	✔
Commodities	❌
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌
Mutual Funds	❌

Account Type

　　Skyline Trading offers four account types with a minimum deposit requirement of $1,000 (standard account).

Account Type	Standard Account	Pro Account	Pro+ Account	VIP Account
Minimum Deposit	$1,000	$10,000	$25,000	$50,000

Leverage

　　The maximum leverage is up to 1:500. Note that high leverage can amplify both profits and losses.

Spreads and Commissions

Account Type	Standard Account	Pro Account	Pro+ Account	VIP Account
Spread	High	Low	Ultra Low	Fix Low
Commission	❌	❌	❌	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	PC, web, mobile	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

Deposit Method	Deposit Currency	Minimum Deposit	Deposit Fee	Deposit Time
VISA	USD	$100	❌	Instant
MasterCard	USD	$100	❌	Instant
Bitcoin	USD	-	❌	Instant
Tether (USDT)	USD, USDT	-	❌	Instant
Skrill	USD, EUR, GBP, PLN, CZK	-	❌	Instant
Neteller	USD, EUR, GBP, NGN, INR	$5	❌	Instant
Bank Wire Transfer	USD	-	❌	Instant

Withdrawal Method	Withdrawal Currency	Minimum Withdrawal	Withdrawal Fee	Withdrawal Time
VISA	USD	-	❌	24 Hours
MasterCard	USD	-	❌	24 Hours
Bitcoin	USD, USDT	-	❌	Instant
Tether (USDT)	USD, USDT	-	❌	Instant
Skrill	USD, EUR, GBP, PLN, CZK	-	❌	1 Business Day
Neteller	USD, EUR, GBP, NGN, INR	1 USD/GBP/EUR/NGN/INR	❌	24 Hours
Bank Wire Transfer	USD	$100	❌	24 Hours