SkyShell Trading Broker Review – Why is SkyShell Trading just another trading scam?
Broker status
|
Unregulated scam broker |
Regulated by
|
Unlicensed / Unregulated company |
Scammers Websites
|
skyshelltrading.com |
Blacklisted as a Scam by
|
N/A |
Owned by
|
No Information |
Headquarters Country
|
UK |
Foundation year
|
2022 |
Supported Platforms
|
Web Trader |
Minimum Deposit
|
$100 |
Cryptocurrencies
|
N/A |
Types of Assets
|
Available |
Maximum Leverage
|
1:100 |
Free Demo Account
|
No |
As of May 2023, the broker (skyshelltrading.com) has ceased operations. But you can read the article to avoid falling for similar scammers.
How is Skyshell trading regulated? Why is it important?
SkyShell Trading is keen to be regulated, and it presents itself as such. According to SkyBlue Wealth Management Ltd, the company is based in the UK and holds an FCA license.
This company is actually legal and registered with the FCA, but it does not have anything to do broker Skyshell Trading.
What is wrong with a trading license?
Skyshell Trading is regulated by the FCA. This claim seems to be true. If you look deeper, however, you will discover that Skyshell Trading is actually a clone company, with no license whatsoever and can be located anywhere in the world.
FCA Blacklists Blacklisted Clone Firm
Skyshell Trading has filed most of its complaints to FCA because the company used FCA to defraud customers.They discovered that someone was presenting falsely as Sky Blue Wealth Management Ltd, and that they were abusing their license.
Skyshell Trading Trading Scam Active
As you can see, the Skyshell Trading scam targets UK citizens. Others will have a hard time as the firm isn’t licensed and doesn’t provide any information about the owner or trading terms.
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SkyShell Trade: Video
Below you will find a short video about SkyShell. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about SkyShell!
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Copywriter with more than 10 years of experience. Wrote analytical content for one of the largest forex brokers in the world. Works as an editor-in-chief at assistance-refund.com
FacebookFAQ
- What Is Skyshell Trading, And Should I Invest Money In It?
It is illegal CFD trading provider without license. You should think twice about taking on any risk when investing your money.
- Can I Trade Cryptocurrencies And CFDs With Skyshell Trading Broker?
Yes, you can trade both crypto and CFDs, but it’s not recommended.
- Are My Funds Safe With Skyshell Trading?
No way, it is a clone firm, and your funds are not safe with such.
- Real SkyshellTrading.com Reviews – What Traders Are Saying
Skyshell Trading reviews shocked us. This company claims to have the best copy trading and crypto trading software, and that it also allows you to invest in shares or commodities.
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