SkyDigital Review: SkyDigital.online A Terrible Broker

SkyDigital Review
  • License and Registration
  • Reliability
  • Customer Support
  • Trading Conditions
  • Client Testimonials
0.5

Summary

SkyDigital does not have any reliable approach that will attract returns on your funds. They provide Cryptocurrencies trading, yet the software in operation is questionable and unreliable

SkyDigital is an offshore forex broker that we do not think will make any profits for you. They expose a lot of murkiness on their website despite claiming to offer investment services. Hence the main question is SkyDigital legit?

SkyDigital Review, SkyDigital Company

They do not have important reliable information on the website, and they leave out important data that should always be included in any trading platform. Hence in the quest to find answers to whether or not the investment firm is a scam, we did thorough research in coming up with this unprejudiced and explain why your funds are at risk.

SkyDigital was brought into the market in 2018. They claim to own the Turkish investment department. They also claim the company was registered in the kingdom of Saudia. However, there is no backup to show any link between the two platforms. Furthermore, you should be watchful for scammers as they claim endorsements with various well-established platforms, which is hardly ever true. Accordingly, the founders of SkyDigital are mysterious, and relying on any professionalism from them will be hard.

They assure traders of trade managers who help you in all your investments. Meanwhile, you may end up operating with criminals who have no knowledge of how the market works. Accordingly, you can choose to invest with legit forex brokers that reveal all the relevant information to traders, and your funds will generate reasonable profits for you. They claim that the main goal in mind is to provide you with the best trade experience.

Sky-digital.online Review

Sky-digital.online fails to meet the level of transparency that is expected in not investment firms. The website is poorly done, and expert investors within the niche will immediately notice the red flags they showcase. The algorithm the software uses in generating profits is not known. They offer you can use web trader or trade via PC, Tablet, and Mobile phones to access the services. There is no download or installation required. Furthermore, they use web-based platforms instead of MetaTrader4 or 5, which are highly recommendable.

Sky-digital.online offers traders investment opportunities in various investment funds. You also get the opportunity to invest in financial instruments. They do not have any risk management measures that are recommendable. You can minimize risk with a diversified portfolio, yet this is not a way to protect you from sudden market shifts. The trading world faces high volatility, and risk measures such as stop loss and knowing the returns are significant. They feature a trade calendar that has no information and seems to be down.

How SkyDigital Operates

SkyDigital does not have any reliable approach that will attract returns on your funds. They provide Cryptocurrencies exchange, yet the software in operation is questionable and unreliable. SkyDigital has no trade activities, which should be visible via past trade results if there making any profits.  Thus past trade data for atleast three months or more is important. SkyDigital may even be attracting negative results, and they are ashamed to share such information with traders.

Accordingly, the likely beneficiaries are the anonymous platform owners who will attempt to lure you into depositing. Hence scammers similarly tend to all function. The same applies to SkyDigital. They will find ways to reach out to you either via telephone calls or alerts to lure you into making a deposit. They will offer one-time offers and bonuses that are very tempting. Thus when you fall for their catch and make deposits, that will be the end of business between you and them.

In addition, SkyDigital will urge you that investments are still ongoing. So when the due date for-profits approach, they may postpone the dates, block your details from accessing your services, or even make attempts to swindle more funds from you.  They do not feature a demo account that will help you in familiarizing yourself with how they operate.

Funds Safety

SkyDigital accepts various payment methods; HSBC, Barclays, and Deutsche Bank, among others. However, they do not show any successful payments made to traders that show you can access your money. Withdrawals in legit investment firms are always instant, and past transactions assist in knowing the kind of returns to expect. The anonymous owners and team behind SkyDigital benefit from the company, and you will not earn any profits.

Sky-digital.online Review, Sky-digital.online Company

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Consequently, they do not have any refund claim that you can use to get your fund back. Also, there is no bank data that proves your funds are in safe hands. Not only do you risk losing your money, but personal information may fall into the wrong hands. Transparent investment firms can easily be trusted with your money, unlike shady brokers Sky-digital.online.

Client Feedback

SkyDigital does not have any positive feedback that you can rely on. Testimonials are beneficial in welcoming traders into any trading entity. However, scammers also try all means possible to lure you into making deposits. They also come up with fake testimonials, and the people whose names are in use have no realization of the platform. Similar traits are visible in SkyDigital they use messages of customers who claim to have earned massively through the broker.

However, they stop here, but they also claim to have won awards that are non-existent anywhere in the trading world. Therefore they do not care about customers, and they seem to make all attempts to rob your money. The use of stock images is common, and if at all you come across any positive review on SkyDigital, you should be cautious since they pay quacks to come up with fake data.

Contact Support

SkyDigital features telephone contact+966596356301 for SA and UAE +97145741804. Also, you can use email; support@sky-digital.online. The location address for the head office is The  CBD of Abu Dhabi. The SA address in Riyadh, Al Khaleej road 11564, Saudia Arabia. Furthermore, this address has just been made up to hide murkiness.

The location has no association with SkyDigital, and you will not receive any support after you make deposits. Scammers will provide customer support only until you proceed to make a deposit. Working contact supports helps in boosting trust with the platform and any services they offer.

Regulation

SkyDigital does not fall under any regulatory body, and your funds are not safe. Regulated forex brokers showcase a high level of transparency, and you will find all the relevant verifiable data for the same. Different countries have come up with measures to protect citizens from scammers. SkyDigital offers trading services globally while they do not fall under any regulator. Hence they are illegally generating funds from the public.

Unregulated platforms end up facing bankruptcy, and they end up shutting down with all your funds. The company may easily go against trade guidelines, and they are not bound to any laws. Also, the founders risk facing criminal prosecutions. Each country has bodies responsible for issuing regulations, and you should only invest with entities that adhere to laws.

Final Verdict

SkyDigital has no data on the founders and the kind of qualifications they hold. Hence the methods they apply for operation cannot generate any profits. Hence you can invest with transparent forex brokers that use reliable investment methods and generate reasonable profits for you.

SkyDigital has no positive feedback from traders, and it is hard to tell the kind of returns to expect from this shady broker. They should at least feature past trade data for some months to help in proving legitimacy. The company may disappear with all your money, and claiming your funds is almost impossible. Therefore you should not expect to benefit from putting your people at risk. Avoid shady forex brokers and always conduct thorough research from trustworthy sources.

 

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