Trade Forex Trading

Top 100 Forex Brokers List Cyprus Based Forex Trading Broker Review

Broker Review of broker is based in Cyprus. Below is a list of the most common review questions that traders ask about this online forex broker.

SkyFx is owned by Trademarker Ltd.


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Where is forex broker based

SkyFx is based in Cyprus, its address is:


80 Spyrou Kyprianou,

Agathokleous house, Office 102,

4043 Germasogia-Limassol,



Is a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker can be found on the brokers’ website.


SkyFx is regulated by Cyprus Securities and Exchange Commission, CySEC, License Number 151/11.


What is the execution method of

SkyFx provides two execution methods:


Market Maker Dealing desk execution of orders

ECN, Electronic Communication Instant Execution of orders



Financial Instruments Provided For Trading









What are the account types of online broker


  • Micro Account
  • Classic Account
  • Protected Account
  • FEA Account – Fast Execution Account
  • ECN Account


Does broker have Islamic Forex Trading Accounts

SkyFx does not provide swap free Islamic Accounts.


What are the terms for demo trading accounts for

$50,000 dollars demo trading account is provided by SkyFx for practice currency Trading


How is the withdraw and deposit process of

Bank wire Debit Card and Credit card money transfer methods are provided for deposit and withdraw of funds.


What is the minimum account opening capital for



$100 is the minimum account opening deposit

  • Micro Account - $100
  • Classic Account – 1,000


Does give an account opening deposit bonus

No, SkyFx does not give an account opening deposit bonus


What is the security and reliability of

What is the Forex broker ratings for security and reliability


SkyFx is regulated by Cyprus Securities and Exchange Commission and has a good rating for security and reliability of deposited funds.


SkyFx is a member of Investor Compensation Fund that guarantees trader deposits up to a maximum of €20,000 Euros.


SkyFx also keeps client funds in segregated bank accounts


Does accept scalping

SkyFx allows scalping trading on their ECN accounts


Does give free education to forex traders

This broker provides learn currency trading education for learn trading online.


SkyFx provides a learn forex education section where currency traders can learn FX trading through forex trading courses for beginner forex traders and metatrader4 platform tutorial guide and Technical analysis technical tutorials.


What are the trading platforms of forex broker



Android Trader

iPhone Trader


Is a MetaTrader 4 Forex broker provides MetaTrader 4 software which is the best Forex trading platform according to reviews.


The broker provides This trading platform MetaTrader 4 can be downloaded from the broker’s website.



Does allow automated forex trading

The brokers’ policy for automated forex trading is:


SkyFx allows Expert Advisors automated forex trading on their metatrader4 platform on the ECN Accounts. SkyFx also provides ZuluTrade platform that is purely an automated forex trading platform software that traders can use to execute trade transactions automatically.


What are broker website sections

The website sections of this trade broker are:


Forex Trading Accounts Section: where traders will find information about accounts such as demo account, practice account and live accounts provided by this forex broker. Traders wanting to start trading can open an account from this section.


Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.


Platforms Section: this section provides platforms where a trader can choose one for trading online.


Daily Market analysis section: for updates on daily economic events and daily market outlook analysis.


Pip calculator, Economic calendar and world interest rates on the resources section.


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