Is SPACE a scam?
Wikilix independent safety report
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)
Broker Summary
Summary of the broker
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.
Regulator | License Number | Status |
|---|---|---|
Limited information available | — | — |
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.
Regulatory Licenses
Compliance & oversight
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.
Account Types
Trading account options
ECNECNMin Deposit USD 5,000 • Leverage 1:500 • Commission $10
ProVIPMin Deposit USD 5,000 • Leverage 1:500 • Commission 0
StandardStandardMin Deposit USD 100 • Leverage 1:500 • Commission 0
ClassicStandardMin Deposit USD 100 • Leverage 1:500 • Commission 0
RegularStandardMin Deposit USD 100 • Leverage 1:500 • Commission 0
BasicStandardMin Deposit USD 100 • Leverage 1:500 • Commission 0
Funding Methods
Deposit & withdrawal options
Bank TransferFree Deposit
Visa, MastercardFree DepositInstant
Skrill, NetellerFree DepositInstant
Local Bank TransferFree Deposit
Trading Platforms
Professional trading tools
Social Presence
Digital community engagement
Company Registration
Legal entity checked against the official company 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
From our latest investigation · Verified Aug 24, 2026
View on official registry

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