SKN has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I opened an account with SKN for just over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Competitive fees|Regular platform improvements|Tax reports included
Cons: No integrated tax optimization
I invested $3,500 with SKN after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Cons: Blocked my account|No legitimate license|Fake returns
The mobile app from SKN is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Economic calendar|Customizable dashboard|Personal attention|Copy trading available
Cons: Would like more payment methods|No integrated tax optimization
The platform itself is okay, but the customer service at SKN is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Automated trading options|Quick verification|Demo account available
Cons: Minor UI glitches occasionally|Email notifications too frequent
After using SKN for a few weeks now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: High security standards|Good analytical tools
Cons: No fractional shares|Email notifications too frequent
Do not be fooled by the professional-looking website. Behind the scenes, SKN is disorganized and incompetent. I found them after my brother mentioned them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Dedicated account manager|Multi-currency support|Comprehensive tools
Cons: No integrated tax optimization|Charting tools need more indicators
I gave SKN a fair chance. After for over three years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: High security standards|Risk management tools|Competitive fees
Cons: None so far|Would like more payment methods
SKN seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Regular updates|Economic calendar
Cons: Live chat only during business hours|Website design could be more modern
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that SKN has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
The so-called education at SKN is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a couple of months now thinking they would help me learn.
Pros: Responsive team|Competitive fees|Multi-device support|Dedicated account manager
Cons: Account statements could be more detailed|Search feature is basic