About Skyriss
Company Overview
Skyriss is a forex and crypto broker established on April 7, 2025, and registered in Saint Lucia under the legal name Skyriss Securities Ltd. The company’s registered address is Ground Floor, The Southbay Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. As a newly founded broker, Skyriss aims to attract retail traders seeking access to leveraged trading with low entry barriers.
The broker operates with a lean structure, reportedly with zero employees on record, which may raise questions about operational depth. However, it offers a range of account types and deposit methods designed to accommodate different trader preferences.
Regulation and Licensing
Skyriss holds a Securities Trading License (EP) from the Financial Services Commission (FSC) of Mauritius, with license number GB25204272. The FSC is a regulatory body overseeing financial services in Mauritius, a jurisdiction often associated with offshore forex brokers. While this license provides a degree of regulatory oversight, it is not considered a top-tier regulator like those in the EU, UK, or Australia.
The broker’s registration in Saint Lucia, a jurisdiction with less stringent regulatory requirements, combined with the Mauritius FSC license, indicates that Skyriss targets traders who are comfortable with offshore regulation. The company’s risk score of 46/100 (Guarded) from FXCanary reflects this regulatory profile and the mixed user feedback.
Account Types and Features
Skyriss offers six distinct account types: Cent, Standard, Pro, Raw, Plus, and Institutional. The Cent, Standard, Pro, and Plus accounts all require a minimum deposit of just $10, making them accessible to beginners and those wanting to trade small sums. The Raw account has a $1,000 minimum, and the Institutional account requires a $10,000 minimum deposit, targeting more serious traders.
All account types except Institutional offer maximum leverage of 1:500, while the Institutional account has a lower 1:200 leverage. Specific spreads and commissions are not fully disclosed in the provided data, but the Cent, Standard, Pro, and Plus accounts list a commission of $0, suggesting they may be commission-free with spreads as the primary cost. The Raw and Institutional accounts do not list commission, implying different fee structures.
Deposits and Withdrawals
Skyriss supports three deposit methods: Mastercard, Neteller, and VISA. These are widely used methods that allow for quick deposits. The broker does not disclose specific withdrawal methods in the provided data, which is a notable gap for traders evaluating ease of fund access.
User reviews are mixed on withdrawals: many report quick and smooth processing, while a significant number of complaints (20 recorded) detail delays, pending status, and blocked withdrawals. This discrepancy is a key point of concern for potential traders.
Target Audience
Skyriss appears designed for retail traders, particularly beginners and those comfortable with high leverage and low minimum deposits. The availability of a Cent account allows new traders to practice with minimal risk. Crypto traders may also find the broker appealing, as one review mentions favorable conditions for cryptocurrency trading.
However, traders who prioritize strong regulatory protection, transparent fee disclosure, or reliable withdrawal processes may want to exercise caution. The broker’s offshore status and mixed user feedback suggest it is better suited for those willing to accept higher risk in exchange for potentially high leverage and low entry costs.
Overview compiled by FXCanary from regulatory records and public data. full Skyriss review