Skylink Global Markets is a CFD broker with a domain name registered on August 23, 2023. The broker primarily offers investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where doing so may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the information publicly available on the Skylink Global Markets website, the broker was established in 2016, claims its company entity is ASN, and states it is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed the company entity's registered information or detailed regulatory details.
Upon verification, the Australian Securities and Investments Commission (ASIC) has not identified any regulated company under the name "ASN".
Therefore, Skylink Global Markets is essentially a fraudulent brokerage website with no company entity or regulatory status.
Account Opening Process
The account opening process for Skylink Global Markets involves visiting the broker's official website, clicking "Open Account" on the homepage or "SIGN UP" in the upper right corner to access the registration page. Then, fill in personal details such as name and email, set a login password, and submit the form. After verification, the account registration will be successful.
Trading Instruments
Skylink Global Markets offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, renowned for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of the overall market or specific sectors without trading individual stocks. Exploring popular indices can reveal diverse trading opportunities, leveraging high margins for potential gains.
- Commodities: Commodity trading covers essential resources in the global market, permitting traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations and dividends of public companies without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts opportunities to profit from highly volatile assets.
Investment Plans
Skylink Global Markets' website does not provide information on account types, spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trade sizes, maximum positions/orders, or minimum price increments.
Trading Platform
Skylink Global Markets offers a proprietary trading platform and claims an average order execution speed of less than 7.12 milliseconds, with more than 12,000 orders executed per second due to comprehensive liquidity providers. However, the provided download link redirects to the MT4 trading platform, where no broker named Synthetic Tradexbase is found.
Deposits and Withdrawals
Skylink Global Markets does not support deposits and withdrawals via credit cards or bank transfers, only allowing transactions through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Skylink Global Markets is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
