Is Skyline Markets a Scam?

Summary

100% Complete Review about Skyline Markets.
Is Skyline Markets Trustworthy of Your Money?
Withdrawals, Trading Platform & Bonuses – View Below!

Details

BrokerSkyline Markets
Website URLhttps://skylinemarkets.com/
Support Number+442 037 696 655
Minimum 1st Deposit$250
Minimum Trade Amount$25
Payout85%
Free Demo AccountOpen Demo
Account TypesApprentice, Principle, Broker, Executive, VIP
Deposit & Withdrawal MethodsBank Wire, Credit/Debit Cards, Skrill, Webmoney, ChinaUnionPay, iDeal, entropay, Ukash
Number of Assets80+
Account CurrencyUSD, EUR, GBP
Overall Score8.5/10

Skyline Markets is a new binary options broker that was is established in 2016 and is operated by Capital Markets Services Ltd., with a registered address in the Marshall Islands. Because this company was recently established, it’s understandable that they have not obtained their CySEC license just yet; it’s in process. Even though this broker is not licensed or regulated by CySEC, we’ve found that their reputation in the binary options market is very strong in the online trading community. Their customer support is up to par and is available 24/7 via live chat, email cs@skylinemarkets.co and telephone +44 20 37 696 655.

Their trading software is operated by SpotOption and is solely web-based, so no installation is necessary, plus they offer a mobile trading platform to convenient its clients. Their platform has a very straight-forward structure and includes an educational Skyline TV channel for its traders.

In accordance with our team’s comprehensive analysis and assessment, we have determined that Skyline Markets brings traders a fresh and advanced way of trading. They may be a new financial service provider, but we can see that they soon will be leading the binary options broker due to their fast services and very reassuring customer team readily available to provide help.

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Skyline Markets Withdrawals

Skyline Markets provides a very speedy and secure withdrawal processes. Skyline Markets claims on their website that they can process a withdrawal in no more than 3 days, so our team had to verify its claim. Our experience after a few test runs does validate that 3 days was the maximum; we respect honest brokers who don’t make false advertisements. After the approval, the earnings were funding to the account in a little less than 7 days. Just to make sure their procedures were consistent, our team went through various online trading groups and forums to only find that traders look highly looked upon this broker regarding withdrawals. There are numerous clients stating that they have not experienced a problem with Skyline and their withdrawals were processed quickly.

They have a typical withdrawal limit of $100, which is very common in the binary options market. Skyline Markets allows 2 free withdrawals per month and after that there is a surcharge of $30. VIP accounts are entitled to same day withdraws, if a trader opts for that account. Skyline offers a variety of payment methods such as all major credit and debit cards, e-Wallets (Skrill, Webmoney, ChinaUnionPay, iDeal, entropay, Ukash) and bank wires.

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We always advise traders to read carefully the withdrawal policy to make sure they understand the terms they must follow. Scam-Rank has seen that Skyline is honest and upfront about their conditions with no hidden agenda.

Skyline Markets Trading Platform

Skyline Markets offers great payouts and a variety of assets, even rare ones, to diversify any binary options trader’s portfolio. Skyline includes stocks from some of the most respectable brands on the market like Starbucks, Nissan, eBay and coca cola. You can also pair currencies like USD/SGD, GBP/USD, EUR/CAD, USD/JPY and much more on the platform. Additionally, there are plenty of indices from the stock market and a good collection of profitable commodities such as wheat and platinum.

 

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Skyline Markets uses the infamous SpotOptions platform as it is the most widely used by other trustworthy brokers. Traders can easily navigate through the interface choosing options such as 60 second, One Touch, FX/CFD, Currency Pairs and traditional Call/Put options. Payout percentages vary from 75 – 85% and are indicated in large graphics on the platform. All the visible and necessary data are included on a single screen, so no back and forth navigation is needed to understand the status.  There are rich educational resources to help beginner and advanced traders better their performance trading binary options and we must admit, that their TV channel is very impressive. We can also say that this broker constantly updates its materials very frequently so traders are always up to date about market trends and trading strategies.

Skyline Markets Comments & Findings

We have explored many sources all over the web and our team can share with you that Skyline Markets has a positive appearance in the online investment community. We were incapable to find demeaning feedback or irritated clients regarding this broker, so be reassured that proper brokers are still hale and hearty in the market. Additionally, we were not able to find genuine complaints from that would indicate Skyline Markets is a scam. Your investment is safe with this broker.

Skyline Markets Credibility

Any company that has obtained a regulatory license from the Cyprus Securities and Exchange Commission (CySEC) is deemed a legit broker.  But we can say that just because a binary options broker has a license doesn’t mean their reputation is excellent. It’s recommended that when choosing a broker, you look at both the reputation and legality of the company. Skyline Markets may not have acquired its license just yet due to it being launched in 2016, but its reputation is outstanding and they will soon be regulated.

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Skyline Markets Bonus

Skyline gives its new clients a welcome bonus as soon as they sign up. The broker’s bonus offer is very generous and begins at 25%, all the way up to 100% according to the account type.  If you decide to receive the bonus, you will have to trade a volume of 20 times the bonus and your initial deposit. In order to redeem your earnings and profits, you will have to comply with the broker’s terms if you accept the bonus. To avoid any complaint, review and read the Terms and Conditions carefully prior to accepting. You can also contact an account manager for further clarifications. Skyline’s customer support team is very supportive and can direct you to the exact contact to have your inquiries addressed regarding bonus terms.

Final Words

In summary, Skyline gets a green light from our team at Scam-Rank. They are a truly extraordinary broker with a simplistic platform that offers a crystal clear understanding of binary options trading. Their educational TV channel is very informative and can be used by all types of binary option traders.

Although they are not a CySEC regulated broker, we are sure they will be soon as they keep up a positive image in the binary options sector and keep growing their client database.  Traders can select from over 100 assets to trade – commodities, stocks, indices and currencies – and attain great payouts up to 85%. Additionally, they have speedy withdrawal times of 3 days and a highly responsive customer support team that can be contacted via live chat, email and telephone.

We applaud Skyline Markets for their safe and reliable services. We recommend this broker to interested investors and can ensure you a paramount experience with their trading services and platform.

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Pros
  • Broker’s Own TV Channel
  • Very Generous Bonuses
  • Licensed from CySEC
Cons
  • Traditional SpotOption Platform

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