Skadeva Review: What Traders Need to Know

While these promotional statements may appear compelling at first glance, we decide to look more closely, and a host of concerns soon emerge. The leverage level, for instance, is dangerously high, as are the spreads attached to trading activities. Though CFDs (Contracts for Difference) are the platform’s primary instruments, we wonder whether their inclusion serves a manipulative agenda. The much-advertised supplementary services are often inaccessible in practice. In light of this, we must question whether Skadeva is a legitimate operation or a cleverly disguised scam.

Skadeva Snapshot

Legitimacy Check

The administration of Skadeva insists that it operates lawfully within European jurisdictions. Nevertheless, we decided to probe further into its regulatory claims, legal registration, and the declared location of its head office. Inevitably, we must also address the surrounding risks and questions regarding the firm’s operational history.

Skadeva is regulated by the MISA Commission — an authority notorious for its leniency and association with fraudulent brokerages. Possession of such a licence does little to inspire confidence. In fact, we find that in the event of disputes, the regulator is virtually powerless. Complaints are frequently ignored, and resolutions are rarely, if ever, enforced.

The matter of legal registration and physical office location remains murky at best. What Skadeva provides is a vague reference in the website footer to a location in the Comoros Islands. We decided to verify this address through Google Maps, only to confirm the absence of any actual corporate presence.

One more issue worth noting is the firm’s lack of transparency regarding its operational history. No clear timeline is presented on the official website. After consulting the WHOIS database, we discovered the platform had only existed since early 2025, a fact that raises questions about its lack of operational history. This might explain the scarcity of client reviews and the general lack of credibility.

Skadeva.com Content Quality

The official website of Skadeva defaults to an English-language interface and appears to be designed primarily for marketing rather than information. Upon visiting, one is immediately met with aggressive promotional content and overt invitations to begin trading. We decided to take a closer look at the key drawbacks frequently encountered by users, and the software environment in particular warrants scrutiny.

The first concern lies in the complete absence of privacy safeguards. Registering on the platform feels inherently risky, and uploading personal documents for verification is ill-advised. We note that the website offers scant reliable information, with marketing banners often exaggerating or misrepresenting the supposed benefits of using the platform.

The registration process itself is routed through a secondary domain featuring a standardised, uninspired interface. New users are asked to provide their name, surname, email address, password, and phone number. The functionality within the client dashboard is equally basic — limited to changing personal details and accessing a simplistic web-based terminal. Notably, there is no dedicated channel for customer support, nor are there any downloadable applications for desktop or mobile trading.

Skadeva relies on WebTrader as its primary terminal. While this might sound acceptable on the surface, the implementation here is highly subpar. We observe ongoing issues with liquidity, trade execution speed, and overall reliability. There is no option to download any standalone version of the trading software, leaving users confined to a browser-based interface that lacks depth and stability.

Key Trading Features

Clients opening an account with Skadeva are given a choice among five tiers: Classic, Silver, Gold, Platinum, and VIP. The primary distinctions between these accounts concern the spread structure and leverage availability. We examine these in further detail, along with the financial products and “value-added” services the firm claims to offer.

Skadeva promotes trading across several asset classes: currency pairs, indices, stocks, commodities, and cryptocurrencies. However, the precise number of tradable assets is not disclosed. Instead, the platform places a marked emphasis on Contracts for Difference (CFDs) — a decision we find troubling.

From a statistical standpoint, CFDs are an inherently high-risk instrument, and roughly 85% of traders lose money when using them. We wonder why Skadeva has made CFDs the cornerstone of its offering. For a firm that claims to prioritise client success, this choice feels counterintuitive at best.

The standard deposit requirement is revealed only in the FAQ section — set at $250. On the face of it, this may seem reasonable. However, when viewed alongside the platform’s poor reputation and allegations of client fund misappropriation, this figure becomes problematic.

To access all advertised features and services, clients would reportedly need to deposit as much as $100,000. We find ourselves questioning why a firm with such limited transparency believes it can justify such a steep financial demand.

Spreads on the platform begin at 0.9 pips, but this rate applies exclusively to premium accounts. The standard spread hovers around 2.5 pips, which is notably higher than the industry average. Moreover, there is a conspicuous lack of transparency regarding trading commissions.

While the platform makes vague allusions to swap discounts, there is no confirmation that these perks are available to most users. The minimum trade size is set at 0.01 lots.

Skadeva markets a series of auxiliary benefits: instant order execution, negative balance protection, and complimentary educational resources. There are also premium promotional offers that promise to boost initial deposits.

However, in practice, the majority of these add-ons are either inaccessible or non-existent. We believe that such inconsistencies are not just frustrating — they’re potentially misleading.

Skadeva Education Insight

The educational content provided is limited to a basic FAQ and a glossary of standard trading terms. The advertised personal coaching by account managers is not actually available. We evaluate the educational offering as poor and unfit for beginners or experienced traders alike.

Customer Service Overview

Customer support is theoretically available via email, contact form, and a phone number. However, after running a validation check on the email, we concluded that it is unsafe to use for formal communication.

Notably, Skadeva offers no presence on social media platforms or messaging apps. Community engagement is, therefore, practically non-existent.

Our Verdict

We strongly advise against engaging with Skadeva. The platform is regulated by an unreliable offshore authority, and the legal registration data it provides is questionable at best. Its reputation is tainted, with numerous negative and likely fabricated reviews. Trading conditions are skewed against clients, with excessive leverage and inflated spreads rendering it an unfavourable environment for investors.

About the author

Hamish Drake

Trading Educator

Hamish Drake is an experienced trading educator and content creator. He has developed several online courses and written numerous articles on trading basics, risk management, and market fundamentals. Hamish focuses on identifying brokers that offer the necessary educational resources, ensuring customers have the tools they need to start and improve their trading journey.