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Company Name
skyoption
Company Abbreviation
skyoption
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
| Skyoption Review Summary | |
| Founded | 2023-09-08 |
| Registered Country/Region | United States |
| Regulation | Unregulated |
| Market Instruments | Cryptocurrency/Binary option/Forex/CFD |
| Demo Account | Not mentioned |
| Leverage | Up to 1:1000 |
| Spread | From 1.0 pips |
| Trading Platform | Not mentioned |
| Min Deposit | Not mentioned |
| Customer Support | Phone: +1(410)826-3368 |
| Social Media: Facebook, Twitter, YouTube | |
Skyoption Information
Skyoptionis a broker. The tradable instruments with a maximum leverage of 1:1000 include cryptocurrency, Binary options, forex, and CFDs. The minimum spread is from 1.0 pips. Skyoptionis still risky due to its unregulated status, high leverage, and bad reviews about difficulty withdrawing money.
Pros and Cons
| Pros | Cons |
| 24/7 customer support | Unregulated |
| Leverage up to 1:1000 | Negative comments about withdrawal difficulty |
| Spread from 1.0 pips | Inaccessible office website |
| Various tradeable instruments |
Is skyoption Legit?
Skyoption is not regulated, which makes it less safe than regulated brokers.
What Can I Trade on Skyoption?
Traders can choose different investment directions because the broker provides cryptocurrency, Binary options, forex, and CFDs in one Account.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrency | ✔ |
| Binary options | ✔ |
| CFDs | ✔ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Skyoption Fees
The spread is from 1.0 pips.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Customer Support Options
Skyoption provides 24/7 customer support; traders can contact the broker via phone. However, one contact method will cause the line to be busy and make consultation difficult.
| Contact Options | Details |
| Phone | +1(410)826-3368 |
| Social Media | Facebook, Twitter, YouTube |
| Supported Language | English |
| Website Language | English |
| Physical Address | Not mentioned |
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