MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Runs on
- Windows
- Mac
- Android
- iOS
Details
Is SPACE a scam?
Wikilix independent safety report
65%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5
SPACE (Space World Capital) is a high-risk offshore broker that we cannot treat as safe, and its website is now dead. Our published figure is 65 percent. The evidence on its own points a little lower…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation8/10 · CriticalIdentity & transparency6/10 · HighWithdrawals & conduct5/10 · ModerateReputation6/10 · HighWebsite claims5/10 · ModerateOperational history6/10 · High
Editorial review
Broker Summary
What Wikilix has recorded about SPACE: its history, the licences it holds, its trading conditions and its fees.
SPACE Broker Overview: Key Features, Trading Conditions, and Fees
Introduction
In the competitive world of financial trading, choosing the right broker is essential for both new and experienced traders. SPACE positions itself as a trading broker offering access to various financial markets. Although publicly available information about SPACE is limited, the broker aims to provide efficient trading solutions, tools, and client support.
This overview highlights SPACE’s key offerings, regulatory compliance, trading conditions, fee structure, and user experience to help traders make informed decisions.
Background and History
SPACE appears to be a relatively new or low-profile broker. While detailed information about its founding, leadership, or growth is unavailable, its presence in the trading sector indicates a commitment to providing accessible trading solutions and leveraging technology to meet evolving market needs.
Key Features and Offerings
Although exact product details are scarce, brokers like SPACE typically provide access to:
Forex pairs
Commodities
Indices
Cryptocurrencies (possibly)
Common platform features in this category usually include:
User-friendly interfaces
Educational resources
Trading tools for analysis and execution
Responsive customer support
Regulatory Compliance and Licensing
Regulatory oversight is a key consideration for traders. Unfortunately, SPACE’s licensing information is limited, which may be a concern for clients who prioritize security.
Trading Conditions and Platform Technology
Trading conditions are crucial for understanding costs and accessibility. While precise figures for SPACE are not publicly disclosed, typical offerings in this broker category include:
Trading Condition | Typical Range / Offering | Notes |
|---|---|---|
Spreads | Variable, from 0.0 pips | Depends on account type and instrument |
Leverage | Up to 1:500 | Subject to regulatory restrictions |
Minimum Deposit | From $100 | Varies by account type |
Trading Platforms | MetaTrader 5 | Standard industry platforms expected |
These platforms usually support real-time data, charting tools, and order execution.
Fee Structure
SPACE’s exact fee details are not publicly available. However, general industry standards suggest the following:
Fee Type | Typical Range | Notes |
|---|---|---|
Deposit Fees | Usually none or minimal | Depends on payment method |
Withdrawal Fees | Varies, often $0 | May depend on withdrawal method |
Commission | For ECN account $10 | Account type dependent |
Spreads | From 0.0 pips (variable) | Core trading cost |
User Experience and Market Reputation
Limited public reviews make it difficult to assess SPACE’s reputation. Traders typically value:
Responsive customer support
Reliable platform performance
Transparent communication
Prospective clients should test demo accounts and verify regulatory credentials before committing funds.
Recent Developments
No publicly available updates or innovations have been documented for SPACE. Brokers often improve services over time, so monitoring official announcements is recommended.
Conclusion
SPACE positions itself as a trading broker with potential access to forex, commodities, indices, and cryptocurrencies. While trading conditions and platform features may be competitive, the lack of transparent information on regulatory status, fees, and user feedback requires traders to exercise caution.
Prospective clients should prioritize:
Verifying regulatory compliance
Testing the platform via demo accounts
Conducting thorough due diligence
Overall, SPACE may offer standard trading features, but careful research and risk management are essential before engaging with this broker.
Regulation check
Regulatory Licenses
We have not confirmed any regulation for SPACE. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for SPACE. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
6 account types on record. Minimum deposit from USD 100. Leverage up to 1:500.
6 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| ECN | USD 5,000 | 1:500 | $10 |
| ProVIP | USD 5,000 | 1:500 | 0 |
| Standard | USD 100 | 1:500 | 0 |
| ClassicStandard | USD 100 | 1:500 | 0 |
| RegularStandard | USD 100 | 1:500 | 0 |
| BasicStandard | USD 100 | 1:500 | 0 |
Deposits & withdrawals
Funding Methods
5 ways to fund an account. 5 with no deposit fee. 3 credit instantly.
5 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Bank TransferBank TransferProcessing times may vary depending on the bank and country. Available in most regions; specific details may vary. | Free | Free | USD 50 | USD 50USD 10,000,000 | Up to 5 days |
Visa, MastercardCredit CardSome card issuers may impose additional fees. Accepted in most countries; availability may vary. | Free | Free | USD 10 | USD 50USD 10,000,000 | Instant |
| Skrill, NetellerE-WalletAvailability may vary by country. Popular in many regions. | Free | Free | USD 10 | USD 50USD 10,000,000 | Instant |
| Local Bank TransferBank TransferSpecific to certain countries; availability may vary. | Free | Free | USD 10 | USD 50USD 10,000,000 | Up to 8 hours |
Bitcoin, Ethereum, USDT, USDCCryptocurrencyNetwork fees apply on withdrawals. Availability where permitted by law. | Free | Not recorded | USD 25 | USD 25USD 250,000 | Instant |
Trading software
Trading Platforms
One trading platform on record: MetaTrader 5.
1 platform
Websites
Global Domains
2 domains on record. All active and served over HTTPS.
2 domains
Company registry check
Company Registration
The operating company is SPACE WORLD CAPITAL LTD. Registered in Comoros (Mwali / Moheli). Registration number HT00324033.
Verified on registry
- Legal entity
- SPACE WORLD CAPITAL LTD
- Registration number
- HT00324033
- Jurisdiction
- Comoros (Mwali / Moheli)
- Registry
- Mwali International Services Authority (MISA) register
- Registered address
- CEO/UBO Prathamesh Mahadev Mahadik, Maharashtra, India (per MISA register); operational front at 1603 Opal Tower, Business Bay, Dubai, UAE
Peer comparison
Brokers worth comparing
3 other brokers on the record share what SPACE offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
SPACE
This recordComoros · since 2021Wikilix score 38.0RegulationNo RegulationMax leverage1:500Platforms1LicencesNot recordedPravda Markets
Comoros· Pravda Markets LTDWikilix score 38.0RegulationOffshoreMISAMax leverage1:400Platforms1Licences1DREAM PULSE
Comoros · since 2009· Dream Pulse Limited LTDWikilix score 38.0RegulationOffshoreMISAMax leverage1:500Platforms1Licences1XeOne
Mauritius · since 2023· XeOne PrimeWikilix score 38.0RegulationOffshoreFSCMax leverage1:2000Platforms1Licences1
Frequently Asked Questions
Frequently Asked Questions
Common questions about SPACE
Most Popular Questions
SPACE uses a variable spread model and charges a commission of 10 USD for ECN accounts. The broker does not specify average spreads, but commissions apply specifically to ECN account types.
Clients can reach SPACE customer support via live chat during business hours, email at support@spaceworldcapital.com, or by phone at +971 45751990. Support is available in English and the broker also maintains active social media channels for additional contact options.
SPACE requires a minimum deposit of 100 USD to open an account. The broker offers a maximum leverage of up to 500, allowing traders to control larger positions with smaller amounts of capital.
SPACE provides access to the MetaTrader 5 platform, which is available on multiple devices including iOS, Mac, Android, and Windows. MetaTrader 5 supports trading in Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
According to WIKILIX data, SPACE broker is not regulated by any financial authority. It operates without official regulation, which may affect the level of investor protection. Users should consider this factor when choosing to trade with SPACE.
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