Wikilix
SPACE MARKETS logo

SPACE MARKETS

No Regulation
South Africa
,
Since 2023
Last Updated:
55/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
500
Account Types
ProNanoIslamic+1 more

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 40%, 2: License 75%, 3: Software 50%, 4: Spread 0%, 5: Account Type 52%, 6: Symbol 0%
Regulation
40%Poor
License
75%Good
Software
50%Fair
Spread
0%Poor
Account Type
52%Fair
Symbol
0%Poor

Company Information

Full Name:Space Markets (Pty) Ltd
Founded:2023
Headquarters:South Africa
Enterprise Offices:N/A

Customer Support

Phone:
010 035 5120
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down

What SPACE MARKETS legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

Space Markets can take <strong>15%</strong> of your deposit to give it back if you never placed a trade it counts. An account left alone for 2 months turns dormant, loses $10 a month, and once the balance reaches $10 you give it up. Every withdrawal runs on a policy the contract names and the website never publishes. The account page advertises 1:2000 leverage; the contract grants 1:200.

8Critical clauses
16Clauses flagged
8Documents read
8.5/10Contract risk
Read the full terms report12 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about SPACE MARKETS: its history, the licences it holds, its trading conditions and its fees.

SPACE MARKETS is categorized as one of many trading and brokerage companies involved in the global financial services industry. Much of the public information about the company is scarce due to limited disclosures about its corporate structure, licensing, operational history, and trading network.

Because it has not provided evidence of any credible disclosures to date, prospective clients should conduct their own research to confirm any regulatory claims made by SPACE MARKETS, as well as their trading conditions and operational parameters, to avoid making a deposit or creating an account with SPACE MARKETS.

This overview compiles publicly available material on SPACE MARKETS and emphasizes that potential clients must conduct due diligence on lesser-known brokers.

 

Company History

At this time, the only verifiable information available about SPACE MARKETS about when the company was established, how it is owned/manages its business, how it manages its employees, and what it was about as a company is very limited.

According to online references, SPACE MARKETS is an internet-based brokerage created to provide retail clients with access to global financial markets. At this time, the full details of SPACE MARKETS' business legal structure and operational jurisdiction remain materially ambiguous.

Due to the limited data and documentation available on SPACE MARKETS, it is crucial for all users of its services to thoroughly investigate all available data sources and consult appropriate local authorities to verify the broker's legitimacy before using its services.

 

Products and Services

Public information suggests that SPACE MARKETS may provide access to multiple financial instruments commonly offered by online trading brokers.

Reported Asset Classes

Product Type

Public Information Status

Forex

Reported

Commodities

Reported

Indices

Reported

Cryptocurrencies

Limited public references

CFDs

Possible, but not fully verified

At the time of writing, detailed public documentation regarding account structures, execution models, and product specifications remains limited.

 

Trading Platforms and Technology

There is currently limited verified information regarding the specific trading platforms and technological infrastructure used by SPACE MARKETS.

Publicly available sources do not clearly confirm:

  • Platform providers

  • Order execution models

  • Mobile trading capabilities

  • Platform integrations

  • Algorithmic trading support

As a result, prospective users should confirm all platform-related information directly with the company before opening an account.

 

Trading Conditions

Detailed trading conditions for SPACE MARKETS are not publicly disclosed in a transparent manner.

Public Information Status

Trading Condition

Availability of Information

Spreads

Limited information

Leverage

Limited information

Minimum Deposit

Limited information

Commissions

Limited information

Swap Fees

Not clearly disclosed

Execution Model

Not publicly confirmed

Because trading conditions may significantly impact trading costs and risk exposure, traders should obtain official account documentation directly from the broker before making financial commitments.

 

Regulatory Status and Compliance

Regulatory transparency is one of the most important factors when evaluating any financial broker.

At the time of writing, publicly verifiable regulatory information regarding SPACE MARKETS appears limited.

Regulatory Overview

Regulatory Information

Status

Public Regulatory License

Limited verified information

Regulatory Jurisdiction

Not clearly disclosed

License Verification

Not publicly confirmed

Due to the absence of clearly verifiable licensing information, prospective clients should independently confirm whether the broker is regulated by a recognized financial authority before opening an account.

Fee Structure

Specific details regarding SPACE MARKETS’ fee structure are not widely available through public sources.

Fee Information Availability

Fee Type

Public Information Status

Deposit Fees

Limited information

Withdrawal Fees

Limited information

Trading Commissions

Limited information

Spreads

Limited information

Inactivity Fees

Not clearly disclosed

Traders should request complete pricing documentation and account terms directly from the broker before funding an account.

User Experience and Market Reputation

The fact that SPACE MARKETS has very little independent customer feedback or public visibility makes it hard to know how good a broker they are.
Traders considering using SPACE MARKETS should take into consideration factors such as:
• The level of regulatory transparency
• Whether or not it is easy to get your money back
• How well the broker responds to customer inquiries for support
• The way they disclose fees
• How long the broker has been operating independently

It is critical to conduct independent due diligence before trading with a broker with very little publicly verifiable information about their operations.

 

Recent Developments

a company that trades on the Internet) along with providing additional information that has not been published or made available from any other source. Information about SPACE MARKETS, which began operating in May of 2013, is limited, but there are various sources outside of these reports to look for the latest news about SPACE MARKETS.

 

Conclusion

Exercise caution when dealing with online brokers with little to no publicly available information. In the online brokerage industry, there is currently no information available to confirm the regulatory status/trade structure/operating history of the Brokers.

Before placing trades at an online broker firm, it is best for the traders to focus on the following:

1. Verified Regulatory Authority
2. Trading Conditions clearly disclosed
3. Clear Fee Disclosure
4. Good Customer Service
5. Good Operating Practices

As brokers that do not publish large quantities of publicly available information create an additional risk factor, conducting adequate due diligence, given the size of the publicly available information, must remain constant across all brokers.

 

Regulation check

Regulatory Licenses

Every licence SPACE MARKETS has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
1

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Sector Conduct Authority 53183

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
South AfricaOffshore
Authority strength
Tier 2
Licence type
Market Making(MM)
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30

These are the rules FSCA sets for the firms it licenses. They are not a statement about how SPACE MARKETS applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

4 account types on record. Minimum deposit from ZAR 50. Leverage up to 1:1001.

4 account types
AccountMin DepositLeverageCommission
ProVIPZAR 501:500$7 commission
NanoCentZAR 501:500Zero commission
IslamicSwap-FreeZAR 501:500$10 commission
ZeroECNUSD 501:1001No commission
Account names and conditions as published by SPACE MARKETS, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    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
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • spacemarkets.ioMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Frequently Asked Questions

Frequently Asked Questions

Common questions about SPACE MARKETS

Most Popular Questions
Space Markets offers a maximum leverage of 500 according to the trading conditions provided. This leverage level allows traders to control larger positions relative to their account balance.
Space Markets offers trading in various regulated financial instruments including Forex, bonds, stocks, funds, derivatives, and CFDs. This range allows traders to access multiple asset classes through the broker.
The provided context does not specify whether Space Markets requires KYC (Know Your Customer) verification. Users should consult the broker directly for information on identity verification procedures.
The minimum deposit amount required to open an account with Space Markets is 50 USD.
Space Markets supports the MetaTrader 5 platform, which is a multi-asset platform for trading Forex, stocks, and futures. MetaTrader 5 is available on desktop and other devices, providing advanced analytics and algorithmic trading tools.
Space Markets (Pty) Ltd is licensed by the Financial Sector Conduct Authority (FSCA) in South Africa, which is a government regulator. The FSCA provides a high transparency level and client fund insurance up to ZAR 500,000. However, the broker is classified as 'noRegulation' in the provided data, so users should verify current regulatory status before trading.
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