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    SKY Alliance Markets

    1-2 years
    Regulated in Australia
    Common Financial Service License
    MT4/5 full license




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    Australia Securities & Investment Commission

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    • Company Name:

      SKY Alliance Markets
    • Company Abbreviation:

      SKY Alliance Markets
    • Place of registration:

      SKY Alliance MarketsAustralia
    • Regulatory Status:

    • Customer Service Email Address:

    • Customer Service Phone Number:

    • Company summary

      GeneralInformation&RegulationSkyAllianceMarketsisanonlinetradingbrokerownedbySkyAllianceMarketsPtyLtd,headquarteredinSydney,Australia.SkyAllianceMarketsiscurrentlyholdsageneralfinanciallicenseauthorizedbytheAustraliaSecuritiesandInvestmentsCommission(Registrationnumber2924640).However,thislicenseissuspectedtooperatebeyonditslimit.MarketInstrumentsSKYAllianceMarketsisofferingalargeselectionofcurrencypairs–wellover50,aswellasCFDsonindices,commodities,preciousmetalsandafewcryptocoins,Bitcoin,BitcoinCash,Ethereum,LitecoinandRipple.MinimumDepositSKYAllianceMarketsprovidestraderswithachoiceofthreeaccounttypes,theStandardaccountandtheECNaccount,includinganswap-freeone.Theminimumdepositforbothaccountis$500,relativelyhigherthansectorstandards.Manyotherbrokers,actually,requiresaminimumdepositof$100to$200.SkyAllianceLeverageSkyAllianceMarketsoffersthetradingleverageashighas1:500.Bearinmind,however,thathigherleveragegreatlyincreasestheriskfortradingpositions,soinvestorsshoulduseitwithcaution.Spreads&CommissionSkyAllianceMarketsdonottelltradersspecificspreadsintheStandardaccount,onlystatingthatthereisnocommissionfeesforthisaccount.ThespreadsintheECNaccountareaslowas0pips,withacommissionof$3.5persideperlot.TradingPlatformsSkyAllianceMarketsoffersMetaTrader4–aclassictradingplatform,allowingtraderstorunautomatedtradingsessions.Theplatformgivestradersaccesstoahugelibraryofmarketindicators,customizabletradingrobots,andanexcellentpackofadvancedchartingtools.Deposits&WithdrawalsSkyAllianceMarketssaystoacceptpaymentswithawiretransfer,Skrill,NetellerandNganLuong.vn.whatabigproblemisthisbrokerdoesnotseemtosupportcreditcard. About More
    Pyramid scheme complaint

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    Warning: Low score, please stay away!

    Previous Detection: 2021.09.26 Risk: 1 Item

    • This broker exceeds the business scope regulated by Australia ASIC(license number: 292464)National Futures Licence Non-Forex License, please be aware of the risk!

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    • MT4/5

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    • Clones

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    User Reviews


    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    • Licensed Institution :


      Effective Date :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      Expiry Date :

    • Address of Licensed Institution :

      Suite 1402 Level 14, 219-227 Elizabeth Street, SYDNEY NSW 2000

      Phone Number of Licensed Institution :

      1300 180 606
    • Licensed Institution Certified Documents :

      292464 afca20201201更新 View Certified Documents SKYAlliance Markets ASIC监管2020.12.15 View Certified Documents LONGHOU ASIC牌照信息__20190404.jpg View Certified Documents 292464 asic20201201更新 View Certified Documents LONGHOU AFCA牌照信息__20190404.jpg View Certified Documents SKYAlliance Markets afca截图2020.12.15 View Certified Documents

    SKY Alliance Markets · MT4/5

    Identification Result

      SKY Alliance Markets · Website

      Most visited countries/areas

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          SKY Alliance Markets· Genealogy

          SKY Alliance Markets · Clones

          SKY Alliance Markets · Market Analysis

          The data are from WIKI Research    2021.09.26 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          SKY Alliance Markets · Survey×

          SKY Alliance Markets



          Alternate Text

          Data Sources WikiResearch 2021.09.26 Update


          Data Sources WikiResearch 2021.09.26 Update

          SKY Alliance Markets · Chart

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          Data Sources WikiResearch 2021.09.26 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          SKY Alliance Markets
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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          SKY Alliance Markets · Company summary

            General Information & Regulation

            Sky Alliance Markets is an online trading broker owned by Sky Alliance Markets Pty Ltd, headquartered in Sydney, Australia. Sky Alliance Markets is currently holds a general financial license authorized by the Australia Securities and Investments Commission (Registration number 2924640). However, this license is suspected to operate beyond its limit.

            Market Instruments

            SKY Alliance Markets is offering a large selection of currency pairs – well over 50, as well as CFDs on indices, commodities, precious metals and a few crypto coins, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple.

             Minimum Deposit

            SKY Alliance Markets provides traders with a choice of three account types, the Standard account and the ECN account, including an swap-free one. The minimum deposit for both account is $500, relatively higher than sector standards. Many other brokers, actually, requires a minimum deposit of $100 to $200.


            Sky Alliance Leverage

            SkyAllianceMarkets offers the trading leverage as high as 1:500. Bear in mind, however, that higher leverage greatly increases the risk for trading positions, so investors should use it with caution.

            Spreads & Commission

            SkyAllianceMarkets do not tell traders specific spreads in the Standard account, only stating that there is no commission fees for this account. The spreads in the ECN account are as low as 0 pips, with a commission of $3.5 per side per lot.

            Trading Platforms

            SkyAllianceMarkets offers MetaTrader4 – a classic trading platform, allowing traders to run automated trading sessions. The platform gives traders access to a huge library of market indicators, customizable trading robots, and an excellent pack of advanced charting tools.

            Deposits & Withdrawals

            SkyAllianceMarkets says to accept payments with a wire transfer, Skrill, Neteller and NganLuong.vn. what a big problem is this broker does not seem to support credit card.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.