SPACE MARKETS

SPACE MARKETS is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license number 53183. It holds a regulatory index of 4.95 and an overall score of 4.89, indicating a strong regulatory standing. However, traders should always perform their own due diligence before trading.

Yes, SPACE MARKETS is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. It holds a Derivatives Trading License (EP) with license number 53183, and its regulatory status is listed as 'Regulated'.

The minimum deposit for SPACE MARKETS is R50 (South African Rand) across all account types.

SPACE MARKETS supports the MT5 trading platform (Full License MT5) but does not offer MT4.

Pros: Regulated by the FSCA (South Africa), low minimum deposit of R50, multiple account types with competitive spreads (0–1.5 pips), no commission on most accounts, support for scalping and EA, and high leverage options up to 1:10000. Cons: Only MT5 is supported (no MT4), limited regulatory jurisdiction, and high leverage may increase risk for inexperienced traders.

Based on the latest information, there are no major user complaints reported. One user review provides a neutral rating, mentioning low spreads and no commission, while a positive review highlights satisfaction with the product range and MT5 platform.

SPACE MARKETS is registered in South Africa and does not explicitly state availability for US residents. US traders should verify directly with the broker regarding any restrictions.

SPACE MARKETS offers competitive spreads ranging from 0 to 1.5 pips depending on the account type, with no commission charged on most accounts. Overall, the fees are considered low.

SPACE MARKETS offers seven account types: Synthetics (spread 0.1, max leverage 1:10000), Swap Free/Islamic ECN (spread 0, max leverage 1:500), Space 100 (spread 0, max leverage 1:500), Ultra Micro (spread 0.5, max leverage 1:500), Sniper (spread 0.0, max leverage 1:1000), Pro (spread 0.0, max leverage 1:500), and Standard (spread 1.5, max leverage 1:2000). All accounts have a minimum deposit of R50 and support scalping, EA, and lock positions.

Leverage at SPACE MARKETS varies by account type, ranging from 1:500 up to 1:10000 (on the Synthetics account). High leverage amplifies both potential profits and losses, thus carrying significant risk. Traders should carefully assess their risk tolerance before using high leverage.

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