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SkyTarget Ltd

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Operating status: SCAM

Website: https://skytargetltd.com/

Broker violations and abnormal records
  • 2024-05-15 The Belgian FSMA added SkyTarget Ltd to its warning list

    On May 16, 2024, the Belgian Financial Services and Markets Authority (FSMA) added SkyTarget Ltd to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms

    On May 16, 2024, the Belgian Financial Services and Markets Authority (FSMA) added SkyTarget Ltd to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms
  • 2024-05-19 BrokersView has reviewed that SkyTarget Ltd is an unregulated broker

    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.

Related Complaints

Q&A

Hello, do you have any deposit info about SkyTarget Ltd?

Nathan Dashevsky
Comoros
2024-06-26
ANSWER We strongly advise against depositing any money on SkyTarget Ltd, an unlicensed broker.SkyTarget Ltd purports to be based in the UK; however, there is no evidence to suggest that it is registered with the Financial Conduct Authority (FCA), which raises serious concerns.Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has issued a warning about SkyTarget Ltd, labeling it as a deceptive trading platform and cautioning investors to avoid engaging with it.All the signs indicate that SkyTarget Ltd lacks regulation from any authoritative financial body. Based on these points, it is strongly advised to exercise caution as SkyTarget Ltd exhibits characteristics typical of a fraudulent scheme. It is recommended to opt for fully regulated brokers over unregulated ones like SkyTarget Ltd.
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Where was SkyTarget Ltd founded?

Desislava Melunsky
Canada
2024-05-21
ANSWER SkyTarget Ltd doesn't specify where it was founded. This entity claims to be domiciled in the UK. However, it is operating outside of the regulatory framework enforced by the country's financial regulator, Financial Conduct Authority (FCA), presenting additional risk of fraud and financial losses to investors. We strongly advise against engaging with SkyTarget Ltd.Adding to the concerns, the Belgian Financial Services and Markets Authority (FSMA) has added SkyTarget Ltd to its warning list as a fraudulent trading platform, advising investors to stay away from it. As such, investors should steer clear of SkyTarget Ltd to avoid becoming victims of potential fraud schemes. For a safer trading environment, it is highly recommended to choose fully regulated brokers.
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