Warning: Is Skybuyx a Scam?

Unregulated

Our experts warn you to avoid Skybuyx (skybuyx.com). Users have reported withdrawal issues.

Skybuyx (skybuyx.com) Review

We reviewed Skybuyx (skybuyx.com) and found disturbing issues.

Skybuyx presents itself as a financial platform, but it appears unregulated by any credible commission, such as the FCA or SEC.

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Is Skybuyx Safe?

The biggest sign is that Skybuyx (skybuyx.com) has no license from a credible authority.

Trading with unregulated firms is highly risky. Real firms are always registered with agencies like the FINRA or FCA to ensure consumer safety.

Skybuyx lacks this protection. As a result, there is no protection if they withhold your funds. Most investment fraud involve unregulated entities, and getting back money from them is difficult without expert assistance.

For instance, in Europe, unlicensed firms are not covered by the compensation schemes. In the US, they are not members of regulatory bodies, meaning your money is completely exposed.

How They Steal Money

Investment fraud is evolving. Scammers use manipulation to steal wealth. Below are common methods used by sites similar to Skybuyx (skybuyx.com).

Dating App Scams

The "Romance Scam" is a common method where scammers build trust over months. They build a romance on social media. Once trust is built, they mention a special crypto opportunity. It's a trap to get you onto a fake platform like Skybuyx.

The "Bonus" Trap

Scammers create websites that mimic real trading apps. You see graphs and balances that increase. But it is a fake. The broker controls the prices to convince you so you invest more. If you ask for a payout, the "profits" are gone.

Red Flags

  • Unsolicited Contact: They call you from "brokers" you don't know.
  • Unregulated: The company has no authorization.
  • Guaranteed Profits: They guarantee huge profits or risk-free trades.
  • Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
  • Aggressive Sales: Agents push you to deposit more.

Ignore positive ratings. Scammers frequently post their own positive comments to look legitimate.

Conclusion

We advise against Skybuyx. It is likely a scam. Protect your money and find a licensed broker. Avoid skybuyx.com at all costs.