SkyLine Markets Broker Review

SkyLine Markets
Min. Deposit: $250
Min. Investment: $25
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Not available
  1. SkyLine Markets

    This broker is closed. Try trading with HighLow instead.

    2015 marked the beginning of SkyLine Markets presence on the binary options market.

    This brokerage is owned by Capital Market Services Limited.

    Further in our SkyLine Markets broker review we shall provide valuable information concerning their platform and features, as well as various account types they offer and payment methods.

    SkyLine Markets General Info

    When it comes to minimum deposit, SkyLine Markets demands a $250 while the minimum amount for a single trade is set at $25.

    Maximum returns possible with SkyLine Markets can go all the way up to 88% and global traders also have the opportunity to take advantage of several bonuses they offer.

    Trading turnover required before bonus amount can be withdrawn is 20x.

    Currencies available to global traders are GBP, EUR and USD, however if traders wish to deposit in their local currency they are advised to contact SkyLine Markets customer support and inquire over possibilities.

    At the moment, this broker is not regulated by any regulatory body nor does it accept USA traders.

    SkyLine Markets Trading Platform and Features

    SpotOption trading software is the one used on SkyLine Markets trading platform.

    From the visual aspect, the platform is well-organized, modern and user-friendly which makes navigation considerably easier.

    SkyLine Markets offers a fine range of trading options to their traders and those options are:

    • 60 seconds skyline-logo
    • Long Term
    • Pairs
    • One Touch
    • FX/CFD

    Expiry times available with this broker ranges from 60 sec to 2 or 3 months.

    Over 80 underlying assets are available for binary options trading and those assets are slotted into four distinct groups:

    • Currencies
    • Stocks
    • Indices
    • Commodities

    To get more detailed info on available underlining assets, global traders ought to consult the Asset Index which is located in the Trade section.

    Considering their presence on the market hasn’t been overly long, it was great to see that SkyLine Markets offer a mobile trading app.

    Mobile trading platforms have become very popular of late since those allow traders to do binary treading on the go which simultaneously saves time and enables traders to take advantage of more trading opportunities.

    In our SkyLine Markets broker review we also managed to find out that they also provide the demo account which can be a great help to both beginners and experienced traders.

    For novice traders, demo account which has virtual funds, provides the perfect means to get acquainted with the binary trading process but without the additional worry of looking their money.

    In the case of more experienced traders, demo account provides the perfect vessel to test various different strategies or trading with different assets and expiry times.

    At any rate, all global traders interested in using the demo account have to contact SkyLine Markets support team and request the demo account.

    Further survey of this broker for our SkyLine Markets review also confirmed that they provide their registered traders with detailed education materials which can be found in Education Centre located in Trade section.

    SkyLine TV is also a part of the package and is available to their registered traders once they log on.

    FAQ section in Help Tab delivers even more info on most commonly asked questions concerning account types, security and banking.

    As of yet, the only language supported on the platform is English.

    skyline-banner

    SkyLine Markets Account Types

    Our SkyLine Markets broker review also took a closer look at their numerous account types. Five account types in total are available to traders with each offering various possibilities.

    SkyLine Markets Micro Account

    • Minimum Deposit $250 – $5,000
    • 24/7 Customer Support Service
    • Event trading
    • Welcome bonus of 25%
    • Demo Account on request

    SkyLine Markets Apprentice Account

    • Minimum Deposit from $5,000 – $25,000
    • Event Trading
    • Welcome Bonus of 35%
    • Demo Account on request

     SkyLine Markets Broker Account

    • Minimum Deposit $25,000 – $50,000
    • Demo Account on request
    • Event Trading
    • 24/7 Customer Support Service
    • Same Day Withdrawals possible
    • Dedicated 24/7 Broker available
    • Welcome Bonus of 50%
    • Market Reviews – on daily basis
    • VIP Mentorship Program

    SkyLine Markets Executive Account skyline-logo

    • Minimum Deposit $50,000 – $250,000
    • Demo Account on request
    • Same Day Withdrawals possible
    • Welcome Bonus of 75%
    • Market Reviews – on daily basis
    • Money Management Services
    • VIP Mentorship Program
    • 24/7 Customer Support Service
    • Event Trading
    • Dedicated 24/7 Broker

    SkyLine Markets VIP Account

    • Minimum Deposit from $250,000+
    • Demo Account on request
    • 24/7 Customer Support Service
    • 24/7 Dedicated Broker
    • Same Day Withdrawals possible
    • Welcome Bonus of 100%
    • VIP Mentorship Program
    • Market Reviews – on daily basis
    • Services for Money Management
    • Event Trading

    skyline-banner

    SkyLine Markets Customer Support Service

    Customer support service is another important link in a chain since that provides communication between the traders and the broker. In the case of SkyLine Markets, traders worldwide have several means of communication open to them.

    They can use live chat, which is the fastest option, email as well as phone.

    Live chat icon (blue) can be found on the right-hand side on the broker site, while Call us and Email icons are placed on the left-hand side.

    In our SkyLine Markets broker review we also discovered their customer service is at trader’s disposal 24/7.

    SkyLine Markets Banking Information

    skyline-logoThe last paragraph in our SkyLine Markets broker review is dedicated to banking information and payment methods available to traders.

    Whenever the sensitive subject of private and financial data in question the first thought is directed toward security measures and whether there are any.

    Great news for all global traders looking to do binary options trading with SkyLine Markets is that this broker took all the necessary precaution measures as they use 256 Bit SSL security on their trading platform which makes all data exchanged there safe.

    When it comes to payment methods which traders may use they are:

    • E-wallets: iDeal, Skrill, Webmoney, Ukash, China Union Pay and entropay
    • Debit/credit cards: MasterCard, Visa, Diners, American Express, JCB, Visa Electron, Maestro, Laser and Bleue
    • Bank Wire Transfer

    To execute a withdrawal, KYC policy is a requirement, meaning traders have to submit specific documents such as copy of photo ID or passport, proof of address (utility bill) and a credit card copy.

    This policy was introduced in order to prevent unlawful actions such as money laundering, identity theft and fraud from happening.

    Minimum withdrawal is set at $100 with approximately 3 business days needed for the request to be processed and further 3 – 7 business days for funds to be in traders’ account.

    VIP, Broker and Executive account holders have same day withdrawals approval.

    No fee is charged for credit card withdrawals while other payment methods get 2 withdrawals per month free and all the following ones are charged $30.