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SKY BROKING
Regulatory Status
Not RegulatedRegulation & License
Regulatory note: No valid regulatory information found. Proceed with caution.
Score
1.57 /10 Regulation
0.00
License
0.00
Business
6.59
Software
4.74
Risk Control
0.00
SKY BROKING Comprehensive Review
SKY BROKING exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.57, an explicit lack of any forex trading license, and being registered in a region flagged for suspicious operations, indicating a significant risk profile for prospective clients. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-22)
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Is SKY BROKING Safe
Is Sky Broking a Regulated Broker for Forex Trading?
Sky Broking operates without formal regulatory oversight for its forex activities. Its regulatory status is Not Regulated, with no specific forex trading license identified. The broker's parent entity, Sky Commodities India Private Limited, is registered in India, a region noted for having a suspicious operational environment for forex brokering. Readers are strongly advised to verify the broker's credentials directly with relevant authorities before considering any engagement.
How reliable are this broker's safety ratings across core areas?
SKY BROKING carries a composite score of 1.57, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 4.74, business rating of 6.58, and license rating of 0.0 — indicating critical deficits in oversight and client protection. This aggregated composite score suggests severe operational risk. The ratings for regulatory and license oversight are absent, while risk control is not measured. Software and business operations show moderate functionality. Traders should consider these dimensions carefully in relation to their own risk tolerance.
What are the essential operational highlights for SKY BROKING?
SKY BROKING is a service operating under Sky Commodities India Private Limited with 2-5 years in the market. The firm is registered in India, but readers are advised to verify its exact operational jurisdiction before trading. A minimum deposit amount is not currently disclosed; prospective clients should consult the broker directly before account opening. The trading platform and software environment are not explicitly specified, so confirming terminal compatibility is essential. The total number of tradable instruments is also not currently disclosed, and the product scope should be reviewed on the broker's official site for clarity.
What does SKY BROKING's trading platform environment offer?
Specific trading platform execution details for SKY BROKING are not currently publicly disclosed. The broker's software infrastructure scored 4.74 out of 10. Details on average execution speed, server count, platform grade, and supported software are unavailable for a full technical assessment.
What financial instruments can you trade with SKY BROKING?
Tradable instruments for SKY BROKING are not currently disclosed; readers may review the broker's official site for the full list. The instrument count is not currently disclosed. The list of NOT-offered main categories is not currently disclosed; readers should verify coverage against their own trading needs.
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SKY BROKING Regulation & License
- No regulatory information available
Note: The above regulatory information is sourced from the official SKY BROKING website.
Basic Information
Registered Region
India
Operating Period
2-5 years
Company Name
Sky Commodities India Private Limited
Customer Service Email Address
care@gopocket.in
Contact Number
+91 95853 95753
Company Website
https://skybroking.com/
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Frequently Asked Questions about SKY BROKING
Is SKY BROKING a regulated forex broker?
No, SKY BROKING is not a regulated forex broker. Its regulatory status is listed as 'Not Regulated'. No specific forex trading license has been identified for this entity. The broker is a service of Sky Commodities India Private Limited and operates from a region noted as a suspicious operational environment. Engaging with an unregulated broker involves significantly higher risk to client funds and legal recourse.
Is SKY BROKING safe to trade with based on WikiFX data?
SKY BROKING holds a composite score of 1.57, which signals severe operational risk. This score aggregates key performance dimensions, including a regulatory rating of 0.0, a risk control rating of 0.0, and a license rating of 0.0. These scores indicate critical deficits in oversight and client protection. The absence of a formal forex license and supervision from a credible regulatory body means trading with this entity carries a high-risk profile for your capital.
What risks should traders notice before using SKY BROKING?
The primary risks center on a complete lack of regulatory oversight. SKY BROKING is not regulated and holds no valid forex trading license, meaning client funds are not protected by standard industry safeguards. The broker's composite score is 1.57, and its risk control rating is 0.0, indicating no measurable safety infrastructure. Operating from a region flagged for suspicious activity adds another layer of jurisdictional risk. You should proceed with extreme caution.
What can I trade on SKY BROKING?
Does SKY BROKING support common trading platforms?