Sky Capital FX

Note: Since this brokers official site (https://www.skycapitalfx.com/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information

Sky Capital FX is allegedly a Britain forex broker that provides its clients with up to 1:500 leverage, variable spreads on different kinds of trading assets and a choice of four account types.

Market Instruments

From the name of Sky Capital FX, we can easily know this broker may offer trading on forex, yet we cannot confirm it. Other more detailed information about market instruments are not available on the Internet.

Account Types

There are four live trading accounts offered by Sky Capital FX, namely Standard, Gold, VIP and Platinum. The minimum initial deposit to start a Standard account is $100, while the other three accounts require much higher initial capital, $500, $5,000, and $10,000 respectively.

Leverage

The maximum leverage ratio is influenced by what account types traders are holding. Clients on the Standard or Gold account enjoy the maximum leverage up to 1:500, while the VIP account with the leverage as high as 1:300, and the Platinum account with the leverage of 1:100. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Different account types enjoy different minimum spreads. For instance, the spreads in the Standard account starts from 1.2 pips, the Gold or VIP account from 1 pips, while the Platinum account enjoy raw spreads.

Customer Support

Sky Capital FX‘s customer support can be reached through telephone: +442080896133, email: support@skycapitalfx.com. However, this broker doesn’t disclose other more direct contact information like company address while most brokers offer.