angelsky

According to WikiFX data, ANGEL SKY GLOBAL LIMITED holds a core score of 1.82 out of 10, reflecting a very low safety rating. The broker is not regulated by any major financial authority, and while it possesses a Securities Trading License from the Mauritius Financial Services Commission (FSC), this license does not provide oversight for forex trading. The absence of credible regulatory protection means traders face significant risks, including lack of fund segregation or dispute resolution mechanisms.

ANGEL SKY GLOBAL LIMITED is not regulated by a top-tier forex regulator. The firm holds an active Securities Trading License (EP) from the Mauritius Financial Services Commission (FSC), but this license falls under 'Other' categories and does not constitute forex trading regulation. WikiFX assessment indicates the broker operates without the oversight of major authorities like the FCA, ASIC, or CySEC, which is a key risk factor.

The minimum deposit varies by account type. The Cent account requires only $10, making it the lowest entry point. The Standard account starts at $100, the ECN account at $1,000, and the Gold account at $5,000. This range allows traders with different capital levels to choose an account.

ANGEL SKY GLOBAL LIMITED supports the MetaTrader 5 (MT5) platform. The broker has a verified full license for MT5, and the average order execution speed is reported at 198 milliseconds. MT4 is not offered.

Pro: Low minimum deposit of $10 on the Cent account, combined with high leverage up to 1:500, provides accessible trading conditions for those with limited capital. Cons: 1) The broker is not regulated by any major forex authority, leaving traders without regulatory protection. 2) The WikiFX overall score is a low 1.82/10, indicating multiple deficiencies. 3) The Mauritius FSC license does not cover forex trading, meaning the firm operates with minimal oversight.

WikiFX data shows no significant negative exposure or user complaints currently filed against ANGEL SKY GLOBAL LIMITED. However, the lack of regulatory oversight means that any potential issues would be difficult to resolve through official channels.

Due to the absence of regulation from the US Commodity Futures Trading Commission (CFTC) or Securities and Exchange Commission (SEC), ANGEL SKY GLOBAL LIMITED is unlikely to accept US clients. US law requires forex brokers to be registered with these authorities, and no such registration is evident. Traders in the US should avoid this broker.

The broker offers a Cent account with a $10 minimum deposit and supports MT5, which is beginner-friendly. Leverage up to 1:500 and low spreads (from 0.22 pips on Gold account) can be attractive. However, the lack of regulatory protection and the low WikiFX score of 1.82 make it a high-risk choice for inexperienced traders. Beginners should prioritize brokers with strong regulatory oversight and educational resources.

ANGEL SKY GLOBAL LIMITED provides four account types: Cent (min deposit $10, spread 0.33 pips, leverage 1:500), Standard (min $100, spread 0.33 pips), Gold (min $5,000, spread 0.22 pips), and ECN (min $1,000, fixed spread 0.26 pips). All accounts allow scalping, hedging, and EA usage, and support the same 1:500 leverage. The Gold account offers the tightest spreads, while the Cent account is ideal for small capital.

The maximum leverage offered is 1:500 across all account types. While this allows traders to control larger positions with a small deposit, it significantly amplifies both potential gains and losses. Given the broker's unregulated status, the risk is exceptionally high. Traders using such leverage should be aware of the possibility of rapid account depletion, especially without regulatory safeguards like negative balance protection.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.