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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

Skyam Invest Ltd

United Kingdom|2-5 years|
High potential risk|

https://www.skyamltd.com/

Website

Rating Index

Contact

support@skyamltd.com
https://www.skyamltd.com/
The WikiFX Score of this broker is reduced because of too many complaints!

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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Contact number

Other ways of contact

Broker Information

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Company Name

Skyam Invest Ltd

Abbreviation

Skyam Invest Ltd

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Skyam Invest Ltd · WikiFX Survey

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Skyam Invest Ltd · Company Summary

Since Skyam Invest Ltd‘s official website (https://www.skyamltd.com/) cannot be opened for now, we could only piece together this broker’s rough picture by gathering relevant information from other websites.

basic-info

General Information

Skyam Invest Ltd is a forex broker allegedly registered in China, offering its clients a series of trading services. As this brokers official website cannot be opened for now, we could find limited information.

It has been verified that Skyam Invest Ltd is not subject to any regulation, please be aware of the risk involved.

Minimum Deposit

Skyam Invest Ltd's minimum deposit requirement of $1,000 is far greater than that of the vast majority of genuine forex brokers.

Leverage

When it comes to trading leverage, Skyam Invest Ltd allows its clients to use the maximum trading leverage up to 1:400, which is significantly higher than the appropriate amount considered by most regulatory authorities.

Trading leverage may increase your profits on one hand, but on the other hand, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is important for traders to choose the proper amount that they feel most at ease.

Trading Platform

Skyam Invest Ltd offers its clients the access to popular MT4 trading platform that can be available for Desktop, Mobile and Web terminals.

Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.

Payment Methods

The minimum deposit is $1,000. And Skyam Invest Ltd allows its clients to make a deposit and withdrawal through Wire Transfer, PayTrust88, Dragonpay, Skrill, Neteller, UnionPay, Payment Asia, OTC365.

No withdrawal details are mentioned, although we think that users will never be able to take their money out.

Customer Support

Traders can reach out to Skyam Invest Ltd about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: +92 311 2200044

Email: support@skyamltd.com

Negative Reviews

Many forex traders shared their terrible trading experience with Skyam Invest Ltd, saying this broker defraud them by stealing their deposited money and rejecting their withdrawal requests.

Typical forex scams work like this: they get you deposit a lot of money, then manipulate your trading accounts, steal your money and disappear. Visit WikiFX to view the whole story.

negative-reviews

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

Review 14

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