Skyhigh Options is a forex broker officially registered on October 4, 2023. This broker offers a wide range of trading markets through its proprietary trading platform and mobile application, including forex, stocks, indices, energy, metals, cryptocurrencies, and ETF contracts for difference (CFDs).
Registration Information and Regulatory Status:
Skyhigh Options does not disclose its corporate registration and regulatory information on its official website. Verification based on the contact address "51 Lime St, London, UK" reveals that this broker is not registered with the UK Companies House, and the Financial Conduct Authority (FCA) indicates that the broker is not authorized by the FCA.
Account Opening:
To open an account with Skyhigh Options: visit the broker's official website and click "SIGN UP FOR FREE" on the homepage or "SIGN UP" on the top right of the webpage to access the registration page. Fill in personal information such as name, email address, and set a login password, then submit. Once the application is submitted, your account will be successfully registered.
Trading Plans:
Skyhigh Options offers four trading plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum investment: $500
- Maximum investment: $4,999
- Return on investment: 6.50%
- Three days overnight interest
- Trading period: 21 days
- Daily double bonus
- Instant trading options: Copy trading/trading robots
- Provides demo trading
- Provides advanced brokers
BASIC:
- Minimum investment: $5,000
- Maximum investment: $9,999
- Return on investment: 10.50%
- Three days overnight interest
- Trading period: 21 days
- Bonuses sent via e-wallet
- Instant trading options: Copy trading/trading robots
- Provides demo trading
- Provides basic brokers
PRO:
- Minimum investment: $10,000
- Maximum investment: $49,999
- Return on investment: 15.50%
- Weekly overnight interest
- Trading period: 1 month
- Exclusive daily bonus
- Instant trading options: Copy trading/trading robots
- Provides demo trading
- Provides professional brokers
EXECUTIVE:
- Minimum investment: $50,000
- Maximum investment: $100,000
- Return on investment: 20.30%
- Weekly overnight interest
- Trading period: 1 month
- Advanced daily bonus
- Instant trading options: Copy trading/API keys
- Provides demo trading
- Provides executive brokers (experts)
Trading Platform:
Skyhigh Options offers a proprietary trading platform, but the broker's official website only displays icons and does not provide real download links. It is impossible to access related pages, and trading can only be conducted through the web-based platform available on the official website.
Deposits and Withdrawals:
Skyhigh Options supports deposits and withdrawals through local banks, e-wallets, or cryptocurrencies.
Summary:
Traderknows warns investors that Skyhigh Options is an unregulated scam platform. The design and content of the broker's official website are identical to those of other brokers such as Elite Stratton, Stockmarketopts, Xsharesmarketing, Vox Bit Exchange, Stake Elites, and Global FXTM. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "pig butchering scam" on Traderknows.
