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SkyLark FX

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Operating status: SCAM

Website: http://www.scfxmarket.com/

Broker violations and abnormal records
  • 2022-09-13 The UK FCA Added SkyLark FX into Its Warnings

    On 14 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SkyLark FX is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/skylark-fx-market


    On 14 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SkyLark FX is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/skylark-fx-market
  • 2022-09-14 BrokersView has Reviewed that SkyLark FX is an Unregulated Forex Broker

    SkyLark FX claims to be incorporated in Saint Vincent and the Grenadines. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) but found no matching result. That means SkyLark FX is not registered in SVG. Besides, SVG FSA does not regulate forex brokers or issue forex licenses. So having registration does not mean being authorized to provide financial services. 

    SkyLark FX also claims to be regulated the United Kingdom Financial Conduct Authority (UK FCA). We searched UK FCA but only found a warning against it. 

    UK FCA issued a warning that SkyLark FX is providing financial services or products in the UK without authorisation.

    The truth is that SkyLark FX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    SkyLark FX claims to be incorporated in Saint Vincent and the Grenadines. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) but found no matching result. That means SkyLark FX is not registered in SVG. Besides, SVG FSA does not regulate forex brokers or issue forex licenses. So having registration does not mean being authorized to provide financial services. SkyLark FX also claims to be regulated the United Kingdom Financial Conduct Authority (UK FCA). We searched UK FCA but only found a warning against it. UK FCA issued a warning that SkyLark FX is providing financial services or products in the UK without authorisation.The truth is that SkyLark FX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Related Complaints

Q&A Complaints

I would like to know about the bonus plz.

Patrik Novak
Algeria
2022-09-20
ANSWER SkyLark FX is not a licensed or regulated broker even though it states offers that look good to be true. SkyLark FX claims to be owned by skylark capital markets Ltd, a company registered with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). But we did not find any match results to SkyLark FX in SVG FSA. Besides, SVG FSA does not regulate forex brokers or issue forex licenses.What's more, SkyLark FX claims to be regulated the United Kingdom Financial Conduct Authority (FCA). When we searched in FCA, we only found that this broker had been blacklisted by FCA for providing financial services without authorization. You can check the full warning from here.The truth is, SkyLark FX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like SkyLark FX and trade with licensed brokers.
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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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