About Skylark FX
Overview
Skylark FX is a retail forex and CFD broker registered in the United Kingdom, with a registered address at 71-75 Shelton Street, Covent Garden, London, WC2H9JQ. The company was founded on 10 October 2020, making it a relatively recent entrant to the online trading space.
Despite being registered in the UK, Skylark FX does not hold any regulatory licences from the Financial Conduct Authority (FCA) or any other financial regulator. This lack of regulatory oversight is a significant factor for traders to consider, as it means the broker operates without the standard investor protections required of authorised firms.
Regulation and Safety
Our records indicate that Skylark FX has no regulatory licences on file. While the company is registered in the UK, registration with Companies House does not equate to financial regulation. The absence of a licence from a reputable regulator such as the FCA, CySEC, or FSCA means that traders do not have access to compensation schemes or dispute resolution services through a regulatory body.
FXCanary's independent research has not been able to verify any additional safety measures, such as segregated client accounts or negative balance protection. Given the low web confidence in the available information, traders should exercise extreme caution when considering this broker.
Account Types
Skylark FX offers five account tiers: Micro, Active, Mega, Extreme, and VIP. Each tier is designed to cater to different trading styles and capital levels. The Micro account requires a minimum deposit of $100 and offers maximum leverage of 1:500, appealing to traders with small capital who wish to use high leverage.
The Active and Mega accounts both require a $1,000 minimum deposit, with maximum leverages of 1:400 and 1:300 respectively. The Extreme account also requires $1,000 but offers lower leverage at 1:200. For larger investors, the VIP account demands a $10,000 minimum deposit and provides leverage up to 1:100.
Platforms and Instruments
At the time of writing, Skylark FX has not publicly disclosed the trading platforms it supports or the range of instruments available. Industry databases do not list specific platform information, and the broker's official website is not identifiable from the known facts.
Given the lack of public information, it is unclear whether Skylark FX offers popular platforms such as MetaTrader 4 or 5, its own proprietary platform, or a third-party web trader. Similarly, the range of instruments—whether forex pairs, indices, commodities, or cryptocurrencies—remains undisclosed.
Funding and Support
Details regarding deposit and withdrawal methods are not available from the known facts. As with platforms and instruments, Skylark FX has not publicised its payment options on accessible channels. Standard methods for brokers of this type might include bank transfers, credit/debit cards, and e-wallets, but this is speculative.
The broker does maintain a presence on social media platforms including Facebook, Instagram, LinkedIn, and Twitter/X, which may be used for customer support or marketing. However, without a verifiable website, the reliability of these channels cannot be confirmed.
Target Audience
Based on the account structure, Skylark FX appears to target retail traders of all capital levels, from small-scale speculators (Micro account) to high-net-worth individuals (VIP account). The high leverage offered on lower tiers is typically attractive to traders seeking to maximise potential returns with a minimal initial investment.
However, the lack of regulation and transparency means that the broker is likely suited only to very experienced traders who understand the risks of trading with an unregulated entity. Beginners and risk-averse traders are strongly advised to seek alternatives with proper regulatory oversight.
Overview compiled by FXCanary from regulatory records and public data. full Skylark FX review