Brokers  /  Sky Alliance Markets

Sky Alliance Markets

Severe risk
🇦🇺 Australia · 5-10 years · since 2020-07-13 · Sky Alliance Markets LLC
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85
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Listed as “Clone Firm” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~96% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSky Alliance Markets LLC
Headquarters🇦🇺 Australia
Founded2020-07-13
Years operating5-10 years
Employees0
Official websiteskyalliancemarket.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments57 Forex pairs5 Commodities13 indicesand 5 cryptos
Registered address
Suite 1403 Level 14, 219-227 Elizabeth Street, SYDNEY NSW 2000

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICForex Execution License (STP)292464Australia

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Islamic Account--Flexibility of Standard or ECNFlexibility of Standard or ECN$3.5( $7 round turn)
Standard Account--$ 500.00--Zero Commission
Platinum ECN Account--$ 500.00Almost Zero Spread$3.5( $7 round turn)

Review analysis AI

Across 23 recent Trustpilot reviews, 74% are 1–2 star. The single most common complaint is being unable to withdraw funds (22 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Vietnam11
Hong Kong3
Turkey2
Australia2
Tunisia1
United Arab Emirates1

Real user reviews

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About Sky Alliance Markets

Sky Alliance Markets is a forex and CFD broker based in Australia, with records dating to 2020-07-13. It reports oversight from ASIC.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full Sky Alliance Markets review