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Sky Global Trading Inc

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Operating status: SCAM

Website: https://skyglobaltradinginc.com/index.php

Broker violations and abnormal records
  • 2023-04-11 The UK regulator FCA issued a warning against Sky Global Trading Inc

    On April 12, 2023, the Financial Conduct Authority (FCA) issued a warning against Sky Global Trading Inc, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/sky-global-trading-inc

    On April 12, 2023, the Financial Conduct Authority (FCA) issued a warning against Sky Global Trading Inc, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/sky-global-trading-inc
  • 2023-04-13 BrokersView has reviewed that Sky Global Trading Inc is an unregulated broker

    Sky Global Trading Inc claims to be under various jurisdictions, including the Companies House (CH), the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the U.S. National Futures Association (NFA) with license number 0308926. However, our search for this broker in the registries of the above-mentioned agencies or authorities didn't yield any results matching it. And the NFA number 0308926 not only belongs to a non-NFA menber company named Amgine Inc not subject to NFA oversight but also is a common license that fraudulent brokers use to pretend being legal. In addition, the FCA has issued a warning against it, stating it is illegally providing financial products or services without proper authoriztion.

    In essence, Sky Global Trading Inc is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Sky Global Trading Inc claims to be under various jurisdictions, including the Companies House (CH), the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the U.S. National Futures Association (NFA) with license number 0308926. However, our search for this broker in the registries of the above-mentioned agencies or authorities didn't yield any results matching it. And the NFA number 0308926 not only belongs to a non-NFA menber company named Amgine Inc not subject to NFA oversight but also is a common license that fraudulent brokers use to pretend being legal. In addition, the FCA has issued a warning against it, stating it is illegally providing financial products or services without proper authoriztion.In essence, Sky Global Trading Inc is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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