About Sky tradeasset
Overview
Sky tradeasset is a trading brand registered in the United Kingdom, founded on October 12, 2024. The company operates under the official domain skytrades-invest.com and lists its registered address at The Oakley, Kidderminster Road, Droitwich, Worcestershire, England, WR9 9AY. As a relatively new entity, it presents itself as an investment corporation offering financial market access to retail clients.
Regulation and Licensing
Our records indicate that Sky tradeasset does not hold any regulatory licences from recognised financial authorities. The company's website does not reference any regulatory oversight, and no licensing information is provided. This absence of regulation is a significant factor for traders to consider, as it means there is no independent supervision of the broker's operations or client fund protection.
Account Types and Minimum Deposits
Sky tradeasset offers three account tiers designed to cater to different client segments. The Silver account requires a minimum deposit of $100, making it accessible to retail traders with limited capital. The Gold account requires $1,000, while the Platinum account requires $5,000. Leverage maximums are not published on the broker's website, leaving traders without key information on risk exposure.
Trading Instruments and Platforms
The broker's website does not provide details on the specific trading instruments or platforms available. There is no mention of forex pairs, CFDs, commodities, or other asset classes. Additionally, no information is given about trading platforms such as MetaTrader 4/5 or proprietary software. This lack of transparency makes it difficult for traders to assess the trading environment.
Company Background
Sky tradeasset was incorporated in October 2024, making it a very newly established firm. Its registered office is located in Droitwich, Worcestershire, England. The website describes the company as having a team with experience in financial services, but no individual names or credentials are provided. The newness of the company, combined with the lack of regulation, heightens the risk profile for potential clients.
Overview compiled by FXCanary from regulatory records and public data. full Sky tradeasset review