While SkyTarget Ltd claims to be domiciled in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA). This is a red flag.
In addition, the Belgian Financial Services and Markets Authority (FSMA) has added SkyTarget Ltd to its warning list as a fraudulent trading platform and advised investors against trading with it.
In essence, SkyTarget Ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
SkyTarget Ltd appears to be a scam.
While SkyTarget Ltd claims to be domiciled in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA). This is a red flag.In addition, the Belgian Financial Services and Markets Authority (FSMA) has added SkyTarget Ltd to its warning list as a fraudulent trading platform and advised investors against trading with it.In essence, SkyTarget Ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.SkyTarget Ltd appears to be a scam.