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SKY PRIME INTERNATIONAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:47

Abstract:SKY, founded in 2021 and registered in Saint Vincent and the Grenadines, offers trading in a variety of markets. The platform primarily supports MT4 and provides two account types. But there are problems of its recent establishment and lack of regulation.

  Note: SKY' official website: https://www.skyprimefx.com/ is currently inaccessible normally.

SKY Review Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsStocks/Equities, Futures, Indices, Precious Metals, Commodities, Forex
Demo Account✅
LeverageUp to 1:500
EUR/ USD SpreadFrom 0.5 pips
Trading PlatformsMT4
Minimum Deposit$10
Customer SupportPhone and email

  SKY, founded in 2021 and registered in Saint Vincent and the Grenadines, offers trading in a variety of markets. The platform primarily supports MT4 and provides two account types. But there are problems of its recent establishment and lack of regulation.

SKY

Pros and Cons

ProsCons
Acceptable minimum depositNot regulated
MT4 providedInaccessible website
Limited ways to fund

Is SKY Legit?

  SKY is not regulated. Besides, as of now, their website is not available. The domain skyprimefx.com was registered on November 17, 2021. Its status is clientTransferProhibited, which means that the domain cannot be transferred to another registrar without the current registrars approval. This status is often used to protect the domain from unauthorized transfers.

Domain information

What Can I Trade on SKY?

  SKY trade Stocks/Equities, Futures, Indices, Precious Metals, Commodities, and Forex.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies❌
Stocks❌
Precious Metals✔
Bonds✔
Futures✔

Account Type

  SKY offers two kinds of live accounts: ECN and PRIME accounts with minimum deposit of $10.

Leverage

  SKY offers two types of accounts with varying leverage options. For those trading with an ECN account, the maximum leverage is set at 1:200. On the other hand, SKYs PRIME accounts come with a significantly higher leverage of 1:500.

SKY Fees

  ECN Accounts: These accounts offer trading with spreads starting from 0.5 pips, but come with a commission fee of $7 per lot traded.

  PRIME Accounts: These accounts feature spreads starting from 1.0 pips, but without any commission fees.

Trading Platform

  SKY claims it offers MT4 to trade. MT4 is a leading and widely-acclaimed trading platform, to facilitate efficient trading experiences.

MT4

Deposit and Withdrawal

  SKY makes deposit and withdrawal through Bank Transfer.

Customer Service

  You can contact SKY via phone and email.

Contact OptionsDetails
Phone+44 203-828-2469 / +1 416-907-9059 / +61 272574019 / +34 930301892
Emailsupport@traderpowers.com
Contact Form❌
Online Chat❌
Social Media❌
Supported LanguageEnglish
Website Language❌
Physical Addressfirst floor, first St. Vincent Ltd Building James Street, Kingstown, St. Vincent and the Grenadines

The Bottom Line

  SKY offers forex services through MT4 trading platform with two kinds of live accounts. But it lacks regulation and currently has an inaccessible website.

FAQs

  Is SKY safe?

  No. It has no regulation.

  Is SKY a good for beginners?

  No. It does not provide a rather safe trading condition so that beginners are easier to be scammed.

  Is SKY good for day trading?

  No.

Related broker

Not Regulated
SKY PRIME INTERNATIONAL
Company name:SKY PRIME LTD
Score
1.82
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.82

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