SKANESTAS

SKANESTAS Investments Limited, operating under the domain skanestas.com, is a Cyprus-based investment firm established on December 24, 2018. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number CIF251/14, holding a Market Making License with a 'Regulated' status. SKANESTAS positions itself as a licensed European investment firm specializing in portfolio management and brokerage services, with a registered address at 226 Makariou III Avenue, 1st floor, 3030, Limassol, Cyprus.

The firm's official website clearly distinguishes its services from speculative retail forex and CFD trading, explicitly stating that it does not offer CFDs, binary options, or rolling spot forex. Instead, SKANESTAS focuses on traditional securities brokerage and discretionary portfolio management, catering to both retail and professional clients. The company maintains a social media presence on Facebook and LinkedIn.

SKANESTAS is regulated by CySEC, a well-established European regulatory authority that implements MiFID II directives. The CySEC license (CIF251/14) authorizes the firm to provide investment services, including portfolio management and brokerage. The company is also listed as a Trading Member, Direct Clearing Member, and Custodian of the Cyprus Stock Exchange. This regulatory framework subjects SKANESTAS to ongoing compliance requirements, including capital adequacy, client money protection, and reporting standards.

Our review cross-checked the license against CySEC's public register and confirmed the active status of the firm. The regulatory oversight provides a layer of investor protection, although it does not guarantee against losses. Traders should verify the license details directly on CySEC's official website for the most current information.

SKANESTAS offers two main service lines: portfolio management and brokerage. In portfolio management, the firm does not charge management fees but instead follows a performance-based model with profit-sharing. Brokerage services provide clients with access to financial markets through a regulated entity, with the client retaining full decision-making responsibility. The broker emphasizes that it does not provide investment advice and recommends clients seek independent financial advice.

The brokerage service covers execution on various trading venues, including local, EU, and non-EU European markets, as well as US markets. Both exchange-traded and over-the-counter (OTC) instruments are available. The firm also provides ancillary services such as foreign exchange and safekeeping and custody services.

According to SKANESTAS's official documentation, the financial instruments available include equities (stocks, ETFs, ADRs, GDRs), currencies, listed derivatives, and OTC derivatives. The OTC derivatives encompass swaps (with various notional amounts and expiry terms), options, and forwards. The execution fee schedule provides transparency on costs: for example, OTC trades incur a 0.1% fee with a minimum of USD 50, and listed derivatives cost USD 35 per contract.

Notably, the firm's leverage and margin policy explicitly excludes leveraged retail products like CFDs, binary options, and rolling spot forex. This positions SKANESTAS as a traditional securities broker rather than a retail forex or CFD provider. The policy outlines margin requirements for other instruments, but specific leverage ratios are not publicly detailed.

SKANESTAS serves both retail and professional clients, with portfolio management strategies tailored to different needs. The firm's website does not explicitly list multiple account tiers but rather focuses on its service offerings. For brokerage, clients can execute trades across a range of instruments. The firm's target audience appears to be investors seeking traditional investment services with regulatory oversight, rather than short-term speculative traders.

The broker is likely unsuitable for retail forex traders looking for high-leverage currency trading, as such products are not offered. Instead, SKANESTAS appeals to those interested in long-term investment, portfolio management, or trading equities and derivatives through a regulated European broker.

The firm's registered address is in Limassol, Cyprus, a common base for CySEC-regulated entities. The company provides detailed terms and conditions and other regulatory documents on its website, reflecting a commitment to transparency. The FXCanary Scam Risk Score of 10/100 (Low risk) indicates a low probability of fraudulent activity, based on the verification of its regulatory status and operational history.

Potential clients should still conduct their own due diligence, including reviewing the terms of service and understanding the cost structure. As with any investment firm, risks such as market volatility and operational risks remain. The absence of user reviews means that real-world client experiences are not yet available, so traders should proceed with caution until more independent feedback emerges.