SkyFX.com – Is it scam or safe?

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SkyFX is a brand of the Cypriot financial company Trademaker (Cyprus) Ltd. This broker has been licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) till April 2016. The supervisor then withdrew the license and authorization of Trademaker (Cyprus) Ltd. as the company didn’t meet the legal requirements. They include the ‘bad reputation of the company CEO Mr. Aviv Tal Mor’ and his inability to ‘ensure the sound and prudent management of the company’ due to illegal financial activities. The CySEC has ordered the broker to return all due money to its clients and settle all complaints.

This, including all negative reviews about SkyFX.com, should be a big warning for customers to stay away from the company, defining it as a pure scam.

If you are a victim of scam and have any complaints from SkyFX.com, please report us and we will try to cooperate. Please fill in the form below, describing your case:

3 Complains

  1. I received a phone call from Eric Roy – an account manager in Skyfx offering me risk free trading on Apple shares. I agreed and invested $600 opening my account with Michelle Montgomery as my guide. They recommended then to increase the amount of my account to 20,000. In return, I would get a bonus of 10,000 to trade ‘like normal people’. I was novice in trading and followed their advice because they promised me huge profits. The story became sad, I lost almost all my capital in trades they recommended to me – without any stop loss orders. I tried to contact my account manager after that but nobody responded. Their customer support advised me to invest additional money, which I didn’t have and I decided to close my open trades so that not to lose more money. I wanted to withdraw the rest of my money but due to the bonus limitation I couldn’t. Stay away from these thieves. I shouldn’t have answered this call!!

  2. SkyFx are thieves! I am still waiting for my money. They called me when I wrote them an email for opening an account. However, when I tried to withdraw, they refused. All I did is I went to my bank and blocked my card because they had my details. Don’t trust them at all!

  3. I have an account with NoaFx and requested a withdrawal on 20.1.2017 of USD4,960. Till now I don’t have my money back. They are scammers, their emails are lies, if they reply at all. Most of the time they do not answer. Be aware of this scamers….

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