Warning: Is SkyTargetLtd a Scam?

Is SkyTargetLtd ( skytargetltd.com) a Scam?

SkyTargetLtd ( skytargetltd.com) has been identified as a suspected scam platform.

We found that the company name is SkyTarget Ltd, it is located at 1000 Great West RD, London TW8 9DW, United Kingdom, the phone number is '+441182181021, and the support email is support@skytargetltd.com.

SkyTargetLtd claims to be a financial platform, but it appears illegal by any major authority, such as the FCA or SEC.

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Is SkyTargetLtd Safe?

Our check reveals that SkyTargetLtd is missing a valid license.

Investing with unregulated entities is highly risky. Legitimate firms are always authorized with agencies like the FINRA or FCA for your protection.

SkyTargetLtd lacks this supervision. As a result, there is no safety net if they steal your funds. Most investment fraud involve unregulated actors, and recovering funds from them is challenging without professional assistance.

For instance, in the UK, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of SIPC, so your money is completely exposed.

Warning Signs of SkyTargetLtd

Investment fraud is evolving. Criminals use social engineering to take your savings. Below are typical methods seen in sites similar to SkyTargetLtd ( skytargetltd.com).

The "Romance" Trap

"Pig Butchering" is a common tactic where scammers build trust over weeks. They fake a relationship on social media. Eventually, they introduce a special investment. It's a trap to get you onto a scam site like SkyTargetLtd.

The "Bonus" Trap

Fraudsters create websites that mimic legit trading apps. They have charts and profits that go up. But it is a fake. The broker manipulates the numbers to convince you so you invest more. When you try to withdraw, the "profits" are gone.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" out of the blue.
• Unregulated: The company lacks legal registration.
• High Returns: They promise 1% daily returns or risk-free trades.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to invest bigger amounts.

Ignore fake reviews. Fraudulent brokers often post their own positive reviews to look legitimate.

Conclusion

SkyTargetLtd is not trusted. It appears to be a scam. Protect your money and find a regulated broker. Avoid skytargetltd.com at all costs.