SpaceMarket

SpaceMarket is an online brokerage firm registered in the Commonwealth of Dominica. The company was founded on April 28, 2021, and operates from a registered address at 8 Copthall, Roseau Valley, 00152. It presents itself as a provider of retail forex and CFD trading services, targeting individual traders with a range of account options and a proprietary platform.

Our records indicate that SpaceMarket does not hold any regulatory licenses from recognized financial authorities. The absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight from entities such as the FCA, CySEC, or ASIC. This lack of external supervision increases the reliance on the broker's own policies and financial stability.

SpaceMarket offers four distinct account types with varying minimum deposit requirements. The Basic account requires a minimum deposit of $250, while the Optimal account demands $2,000. The Individual account has a $10,000 minimum, and the Strategic account requires $25,000. All accounts provide a maximum leverage of 1:300, which is relatively high and typical for unregulated offshore brokers.

The broker provides its own proprietary trading platform, SpacePlatform, rather than industry-standard solutions like MetaTrader 4 or 5. According to the company description, traders can access over 100 tradable assets with variable spreads and no commissions. However, the specific asset classes (forex pairs, indices, commodities, etc.) are not detailed in the available information.

SpaceMarket appears to target both retail and high-net-worth individuals, given the range of account sizes from $250 to $25,000. The maximum leverage of 1:300 may appeal to traders seeking amplified exposure, but the unregulated status and offshore domicile suggest a higher-risk profile. The broker's 24/5 customer support indicates a focus on active traders during market hours.