SKYLINE Markets Review

There is a new binary options broker on the scene in the London market that is on the cusp of making a name for themselves, and they are ready to provide you with the most cutting-edge technology and payoff ratios to compete with the best. SkyLinemarkets.com is the name of the company, and it began operating as a commercial enterprise in the year 2015. This broker has upper payoff echelons that hit close to 90%, one of the broadest educational libraries available within the industry, and customer service that is both responsive and informed. They do all of this while sporting the most recent version of the extremely popular SpotOption trading platform. London, the financial hub of foreign exchange, is now home to a group of reformed bankers who, with the assistance of outside investors, have established a new business there. Trading in both binary options and contracts for difference (CFDs) is available through SkyLine Markets, which is controlled by Capital Markets Services Ltd. We regret to inform you that at this moment, we are unable to serve customers from the United States.

If the account classifications may be taken as an indication of the type of customers the company targets, then SkyLine Markets is attractive to both novice traders and experienced traders who trade large amounts of money. There are five different levels of membership, beginning with “Micro,” which requires a deposit of $250 to become a member. The following level, “Apprentice,” demands a deposit of $5,000, while “VIP,” which is the highest level, calls for a deposit of $250,000. Every account comes with a free Demo account, and the level of the account you have determines the level of the incentives and benefits you receive. As a fresh organization, SkyLine Markets is not tied prisoner to old legacy software. Traders who have experience in the financial markets anticipate their trading platform to have certain characteristics, such as being user-friendly, loaded with features, and very prompt in the execution of orders. However, beginners can take use of more than 50 video courses, ebooks, daily market research, and direct one-on-one support on a “24X7” basis if they have questions or concerns.

Aside from the fact that it is based in London, the defining characteristic of this broker is that binary payoffs hit 88% more frequently than not, which is considered to be a high standard in this industry. You have the opportunity to trade traditional High/Low, Pairs, Long Term, 60-Second, and One Touch options in over 80 asset instruments, including currency pairs, commodities, indices, and stocks. The payoffs for One Touch options can go as high as 500%. If you want to take a break from the digital, all-or-nothing world, you can engage in traditional trading in forex CFDs instead. This option is available to you. In the United Kingdom, binary options are now regulated by the Gambling Commission; however, ongoing legal talks imply that the Financial Conduct Authority (FCA) may soon provide the regulatory oversight that traders want. In the interim, it should be noted that this broker does in fact keep customer funds separate from operating capital, and its capital adequacy is reportedly over “3X” that of what is maintained by other brokers. The employees at SkyLine Markets want you to feel comfortable and have a positive shopping experience while you’re there.

Establishing a Trading Profile on Skyline Markets

When you go to open an account on Skyline Markets, you will be presented with the following account tier options and given the opportunity to select one of them:

• Micro Account: $250 to $5,000 maximum deposit. Bonus of 25% for signing up

• Apprentice Account: $5,000–$25,000 depending on experience. Bonus of 35% for signing up

• Brokerage account minimums range from $25,000 to $50,000. Bonus of 50% for signing up

• Executive Account: $50,000-$250,000. Bonus of 75% for signing up

• VIP Account: Any amount over $250,000 100% welcome bonus

As can be seen, the corporation does not skimp on the bonuses that it provides. The rollover criterion is set at 20 times. This is actually a bit lower than the typical range of 30-40x that is used.

On the accounts page, you will have the ability to quickly and easily navigate among the various tiers, as well as view the unique benefits that are included with each tier (this page is set up quite nicely). Demo accounts are available to traders at the Micro level and every level above that. This is an excellent feature since it enables traders to hone their trading skills without putting their own money at risk.

However, in order to qualify for the majority of the incentives, you will need to make a minimum deposit of $25 000 into your broker account. When you reach this stage, in addition to the aforementioned benefits, you will also become eligible for withdrawals on the same day, help from a dedicated broker who is available 24/7, daily market reviews, and membership in the VIP mentorship program.

This program offers a lot of perks. Your senior broker is available to you at all hours of the day and night, and will schedule a meeting with you once a month to discuss the areas of your returns that could use some improvement. You will not only have access to greater payouts, but you will also receive free trading signals to assist you in planning your trades.

Regrettably, this is pretty much all that Skyline Markets has to offer in terms of the trading tools and capabilities that they provide. Customers who have already created an account have access to a feature known as “Skyline TV,” which is most likely a collection of videos. Aside from that, however, there aren’t a whole lot of other features in the way of training options.

There are a few other promotions that can be found here and there at Skyline Markets. For instance, if you sign up for a new account right now, you’ll be eligible to receive a free iPhone 7. Despite the fact that this is still a valuable benefit, it has the air of a gimmick. Although there are no trading apps for iOS or Android available for this broker, you are still able to trade using your smartphone or tablet because the broker’s website has been optimized for mobile use.

FEATURES AT SKYLINE MARKETS

On its website, SkyLine Markets identifies the following set of unique characteristics as among its offerings:

• Established in 2015, with its principal place of business located in London;

• Minimum deposit is $250;

• Five account categories, each offering a free demo account in addition to progressively higher levels of bonuses and benefits: The Micro level is between $250 and $5,000, the Apprentice level is between $5,000 and $25,000, the Broker level is between $25,000 and $50,000, the Executive level is between $50,000 and $250,000, and the VIP level is over $250,000.

• A wide variety of bonus and promotion programs (Trading commitment = 20X (original deposit plus bonus amount) – Commitment must be satisfied before a withdrawal request can be processed);

• Two complimentary withdrawals each and every month;

• U.S. consumers not accepted at this time;

• Options including the traditional High/Low, Pairs, 60-Second, Long-Term, and One-Touch;

• Payouts can go as high as 88% (One Touch has a potential payout of 500%);

• The available assets are broken down as follows: Currency Pairs (20), Commodities (7), Indices (24) and Stocks (30) – The number of available instrument combinations can be increased by selecting the “Pairs” option type.

• The most up-to-date version of the SpotOption trading platform, which is the leader in its field;

• The Comprehensive Education Suite comprises more than fifty video tutorials, electronic books, and an extended video-on-demand area, all of which cover both the fundamentals of trading binary options and advanced trading strategies;

• In-depth analyses of the market every day;

• Customer support provided “24×7” by live chat, email and phone.

PLATFORMS

SkyLine Markets made the decision to trade on the SpotOption platform, which is considered to be the most advanced in the business, utilizing all of its most recent features and indicators. Screens are simple to browse, and all of the information is presented to the user in a timely manner. Your privacy will be protected, and we will not allow any external penetration from the hacking community by implementing 256-bit SSL encryption techniques. This degree of security is the highest available on the market today.

DEPOSITS AND WITHDRAWALS

The registration is completely free, and after you’ve done so, you’ll have access to all of the educational resources and other features that this broker has to offer. Deposits can be made using a variety of payment methods including credit cards, debit cards, wire transfers, or Skrill (formerly Moneybookers). Withdrawals on the same day are allowed, but only if all necessary KYC/AML documentation is up to date and in order, as well as if all bonus obligations have been satisfied. Each month, you are not charged for your first two cash withdrawals.

Trading on Skyline Markets

As was discussed before, Skyline Markets utilizes SpotOption, which is without a doubt the most widely used binary options platform that is currently available. If you have traded binary options on other websites, there is a significant probability that you have done so on SpotOption. If this is the case, then you are already familiar with the platform that Skyline Markets uses. In any case, it won’t take you more than a few minutes to figure out how to make trades using this user-friendly interface.

On Skyline Markets, the lowest possible trade size is $25, while the highest possible deal size is $10,000. This is quite a high ceiling, although the minimum is a bit higher than I like to see (many other sites allow you to stake just $10 on High/Low trades, or even less). The maximum payout is extremely impressive, though. Therefore, if you have a very little account, Skyline Markets might not be the best option for managing your money; however, it does provide you room to develop if you do choose to open an account with them.

On Skyline Markets, traders have access to a total of 81 different stocks, commodities, indexes, and currencies at any given time. High/Low, Pairs, Long Term, 60 Seconds, One Touch, and FX/CFD are the many types of trades available. You have access to a large variety of options because to the adequate amount of diversity present here. Although it is not made clear anywhere on the website, it appears that Skyline Markets provides customers with the opportunity to Double Up, Rollover, and Early Close their positions.

SUPPORT FOR CUSTOMERS

The company takes great satisfaction in having one of the customer service teams that is more responsive than others. They are available “24 hours a day, seven days a week” online through the use of the live chat function, email, or by calling them directly. In addition, SkyLine Markets provides a Comprehensive Education Suite, which is made up of more than fifty video tutorials, electronic books, and an expanded video-on-demand (VOD) section. These resources cover both the fundamentals of binary options trading as well as advanced trading techniques, and they are all accompanied by informative market commentary and analysis. Customer support representatives are also there to walk you through each stage of the trading process to ensure your success.

SKYLINE MARKETS: THE END OF THE STORY

SkyLine Markets is one of the more recent companies to enter the binary options field, having only entered the arena in 2015. Despite being one of the newer entrants, the company has made significant progress in their first year in the industry. You, as a new broker, will have access to more recent technology and features, in addition to very competitive payoff ratios, which are intended to entice traders who are looking for better chances. Additionally, the company offers a comprehensive degree of support in addition to educational resources, ensuring that you are equipped with the most up-to-date information and resources possible in order to engage in this exciting type of trading. If the rumors in the news are accurate, regulatory control from the FCA is not far off, but this broker already conforms to best practices when it comes to the safety of client deposits, the confidentiality of client information, and the execution of client orders. “Join the SkyLine Markets family, and trade like a professional!” is a motto that the company takes great pride in displaying.