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.
License Type:Common Financial Service License
Regulated in Country/AreaAustralia
Regulatory License No.：292464
Email Address of Licensed Institution :email@example.com
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
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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.
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.
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.
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.
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