SKY FINANCE GROUP
We checked SKY FINANCE GROUP against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Sky Finance Group claims its foundation in 2016 and has won awards in 2017 and 2018. However, this statement sounds more like false advertising of its reputation as this broker's domain was just created in late 2021. Besides, this broker claims to be authorized and supervised by the US National Futures Association (NFA) with registration number 0537664. We indeed found a matching result in NFA's registry, however, Sky Finance Group is not overseen by the regulator as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) admitted as a "retail forex exchange dealer." Obviously, Sky Finance Group doesn't satisfy these conditions. That means, this broker is merely a registered firm rather than a regulated one and is not qualified to carry out such services. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report SKY FINANCE GROUP.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.