Review summary
Sky Alliance Markets (AU) Pty Ltd, operating as NiuNiu Securities, is registered in Australia and has been in operation for 5-10 years. According to WikiFX data, the broker's regulatory standing is a significant concern; it holds no verified, active authoritative forex trading licenses. The broker's advertised ASIC license (292464) is listed as 'Unverified' and is associated with a different corporate entity, BKS MARKETS PTY LTD. Its official WikiFX score of 1.57 reflects a highly speculative profile with a severe deficiency in regulatory oversight. The absence of credible financial regulation and public verification of its operational license means client funds operate outside established investor protection schemes. Therefore, engagement with this entity presents an exceptionally high level of financial risk due to the lack of regulatory safeguards. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-04)




