Forex

SkyFX SkyFX review, rating and comparison

SkyFX Forex Review, Rating and Comparison
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Headquarters: 80 Spyrou Kyprianou, Agathokleous house, Office 102, 4043 Germasogia-Limassol, Cyprus

Country: Cyprus

Regulated by: CySec, License Number 151/11

Website: SkyFX.com

SkyFX Protected Account

Trade risk free for 15 days!

With a protected account any losses are on SkyFX and you can keep all the profit! 

 

SkyFX Mini Account:

minimum deposit: $100

minimum lot size: 1k (micro lot)

maximum leverage: 1:300

 

SkyFX Classic Account:

minimum deposit: $1000

minimum lot size: 10k

maximum leverage: 1:300 

 

Dealing:

Market Maker

Guaranteed Stop Loss in all market conditions!

 

SkyFX Spread: 

Fixed spread, 3 pips on EUR/USD 

 

SkyFX Deposit/Withdrawal methods

Bank Wire, Credit card

 

SkyFX Trading Platforms:

Metatrader 4, WebTrader, MT4 for iPhone, MT4 for Android

 

 

Forex Signals and Social Trading

Zulutrade

 


What we think about SkyFX

SkyFX is a well-regulated Cypriot forex broker that offers its customers a number of perks. The one we like best is the Protected account. It gives traders the opportunity to trade completely risk-free for a period of 15 days: all the losses incurred during these 15 days are covered by SkyFX, and all the profit goes to the trader. 

 
What is more, SkyFX advertises guaranteed Stop Losses and Take Profits in all market conditions, so that you are protected from taking up more risk than necessary. 
 
Along with its Classic and Protected accounts, the broker offers one more account type: the so-called Fast Execution Account (FEA). FEA offers market execution woth floating spreads, no dealing desk, and no requotes. It is particularly suitable for scalpers and news traders, as speed is of extreme importance for these trading strategies. 
 
If you opt in for a Classic or FEA, you are entitled to a welcome bonus of either 25% or 100%, depending on the amount of your initial deposit. 
 
SkyFX only supports one platform – Metatrader 4 (MT4) but it is available in many variations: dekstop, web, and mobile (both iOS and Android downloads offered). You can also trade signals with the ZuluTrade social trading platform. 
 
The customer support of SkyFX is friendly and professional – the reps address every question right away and provide detailed and accurate information. 
 
The one thing we are not particularly excited is the fact that Classic accounts come with fixed spreads that are quite high – 3 pips on EUR/USD. 
 
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Traders` reviews for SkyFX

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