Skyaray

According to the WikiFX assessment, Skyaray Markets Ltd is not considered safe or reliable for trading. The broker holds a very low WikiFX score of 1.28 out of 10 and operates with no valid regulatory licenses. Public exposure records indicate issues such as denied account access and fund disappearance. This combination of a lack of oversight and negative user feedback presents a significant financial risk, and traders are strongly advised to exercise extreme caution.

No. According to WikiFX data, Skyaray Markets Ltd is not regulated by any authoritative financial authority. Its registered location is the United Kingdom, but it does not hold a license from the Financial Conduct Authority (FCA) or any other recognized regulator. Operating without credible regulatory oversight means client funds are not protected under standard compensation schemes.

The specific minimum deposit requirements for Skyaray's account types are not explicitly listed in the available data. The broker offers a Standard account and a Skyaray account, but the initial funding amount for each is not publicly disclosed. Traders should contact the broker directly for this information and approach any deposit requirement with caution given the firm's unregulated status.

Yes, Skyaray supports MetaTrader platforms. Both its Standard and Skyaray account types are listed as compatible with MetaTrader software, supporting features like automated trading via Expert Advisors (EAs) and scalping.