Deposit and
Withdrawals Policy
Skyriss Securities LTD, authorized and operates under anInternational Business Company (IBC) license. Under License Number 2025-00014 (hereinafter referred to as "Skyriss"), facilitates deposits and withdrawals exclusively via our client Portal.
1. Deposits and Withdrawals
1.1 The Client may deposit funds into their account using the methods mentioned on the SKYRISS website. All withdrawals and/or deposits must comply with the relevant AML and CTF policies, Laws, and Rules and Regulations set by the FSC Mauritius and the jurisdiction of Mauritius.
1.2 Withdrawals can only be made to the account holder’s bank account or through other approved methods.
1.3 SKYRISS reserves the right to refuse or delay a withdrawal if it suspects any fraudulent activity or breach of regulatory requirements.
1.4 By opening a trading account with Skyriss Financial Ltd, you (the "Client") agree to be bound by these Terms and Conditions ("Terms"). Please read them carefully before proceeding. By registering an account and depositing funds into your trading account, you confirm that you fully understand, accept, and agree to the conditions outlined below.
1.5 Deposits: By making a deposit into your trading account using a credit/debit card or other payment methods, you authorize Skyriss Financial Ltd to process the transaction for the requested amount. All deposits are non-refundable unless specified otherwise in our withdrawal policy.
1.6 Transaction Verification: You agree to provide accurate, complete, and truthful information for all transactions. You confirm that all deposits made to your account are authorized by you and that there are no unauthorized transactions. If you deposit funds using a credit/debit card, you consent to the use of your card in accordance with these Terms.
1.7 Trading Risks: You acknowledge that trading in financial instruments involves significant risk, including the potential loss of all funds in your trading account. You understand that trading involves high volatility, and that past performance is not an indication of future results.
1.8 No Refund for Losses: Skyriss Financial Ltd does not provide guarantees or refunds for any losses incurred while trading. You accept full responsibility for the outcomes of your trades and agree that your deposits are at risk once made.
1.9 Chargebacks and Disputes: If you initiate a chargeback or dispute a transaction through your credit card issuer, bank, or payment provider, you agree to notify Skyriss Financial Ltd immediately before proceeding. You acknowledge that you will provide all necessary documentation required to support your claim of fraud or non-authorization.
1.10 Evidence of Authorization: In the event of a chargeback, Skyriss Financial Ltd will provide evidence of the transaction, including transaction records, KYC (Know Your Customer) documentation, signed agreements, and any other relevant materials that demonstrate the transaction was authorized by you.
1.11 Investigation of Chargebacks: You agree that Skyriss Financial Ltd may contest any chargeback or dispute it with the payment processor, and you authorize Skyriss Financial Ltd to pursue recovery of the disputed funds. If a chargeback is found to be unjustified or fraudulent, you may be liable for any associated fees or losses incurred by Skyriss Financial Ltd.
1.12 No Chargeback Policy: You agree not to initiate any chargebacks for deposits or transactions made in good faith. If you engage in fraudulent or malicious chargeback activity, your account may be suspended, and legal action may be pursued.
1.13 Account Security: You agree to take all necessary precautions to protect your account from unauthorized access. This includes safeguarding your login credentials and notifying us immediately if you suspect any fraudulent activity on your account.
1.14 Fraud Prevention Tools: Skyriss Financial Ltd may employ various fraud prevention measures, such as IP verification, 3D Secure for credit card transactions, and identity verification procedures (KYC), to protect both the Client and Skyriss Financial Ltd from fraudulent activity.
1.15 Communication: In the event of any disputes or concerns regarding your account or transactions, you agree to first contact Skyriss Financial Ltd customer support to seek resolution. We are committed to resolving issues amicably and will make reasonable efforts to address your concerns.
1.16 Arbitration: Any unresolved disputes related to chargebacks, transactions, or other matters will be subject to binding arbitration in accordance with [arbitration rules] in the jurisdiction where Skyriss Financial Ltd is incorporated.
1.17 Updates: Skyriss Financial Ltd reserves the right to update or modify these Terms and Conditions at any time, with or without notice. You are responsible for regularly reviewing these Terms for any changes. Continued use of your account after any modification to these Terms constitutes your acceptance of the updated terms
2. Fees and Charges
2.1 SKYRISS may charge a fee per transaction as outlined in the Fee Schedule available on the SKYRISS website - skyrisecurities.com/en/fees-charges
2.2 The Client agrees to pay all applicable fees and charges promptly.
2.3 SKYRISS reserves the right to amend the Fee Schedule at any time it finds proper, with reasonable notice provided to the Client.
3. Third Party Payments
3.1 Third-party deposits and withdrawals are prohibited. We operate a "return to source" policy. For example, if funds were deposited using your preferred method of deposits (for example: personal credit card), we would refund you in the same way along with any profits. The same applies to wire transfer, credit card, and the other funding options we offer. If for any reason we are unable to return the funds to the source, we will refund, preferably, via a wire transfer in the name of the trading account holder.
3.2 If, for any reason, SKYRISS becomes aware of a payment made by a third party, SKYRISS is entitled to reverse the payment, close any open positions, null any profits gained, and/or terminate the trading account. SKYRISS will not be liable for any losses as a result of breach of this policy.
4. Client’s Money
4.1 All amounts held in your account will be received and held by us as client money, pass money held on your behalf to an intermediate broker, settlement agent or counterparty located outside Mauritius. The legal and regulatory regime applying to any such person may be different from that of Mauritius and in the event of insolvency or any equivalent failure of that person.
WE DO NOT ACCEPT FUNDS FROM A THIRD PARTY. We only receive funds from our clients.
4.2 Note that in case of no movement on your account for a period of six months (notwithstanding any payments or receipts of charges, interest or similar items) and/or we are unable to trace you despite having taken reasonable steps to do so, we may release your money from the segregated account and dispose of the same at our sole discretion and convert your account to DORMANT.
5. Additional Terms
5.1 If client deposits funds via Alternative Payments or Credit Card and then requests a withdrawal of these funds with no trading (or minimal trading) on their account, then we reserve the right to charge the applicable merchant fees and a discretionary handling fee to the clients account upon their withdrawal. Recurring cases of abuse will see the client's account immediately closed.
5.2 This policy cannot be exhaustive. Additional conditions or requirements may apply at any time due to regulations and policies, including those set in order to prevent money laundering and counter terrorism financing. Usage of this site and services is subject to the Client Agreement and other operative agreements which may be amended from time to time at SKYRISS’s sole discretion.