Basic Information
Registered Region 
South Africa
South AfricaOperating Period
1-2 years
Company Name
Space Markets (Pty) Ltd
Customer Service Email Address
support@spacemarkets.io
Contact Number
+270100355120
Company Website
Global Broker Regulation Inquiry App
WikiFX
Exceeded
Score
0
1
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5
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7
8
9
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0
1
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4
5
6
7
8
9
0
1
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8
9
/10
Space Markets
South Africa
|
1-2 years
|
ECN Account
Regulated in South Africa
|
Financial Service Corporate
|
White label MT5
|
Global Business
|
Suspicious Overrun
|
Medium potential risk
https://spacemarkets.io/
Website
Rating Index
MT4/5 Identification
MT4/5
White Label
SpaceMarkets-Live
South Africa
10
Influence
C
Influence index NO.1
South Africa 4.25MT4/5 Identification
MT4/5 Identification
White Label
10
Server Name
SpaceMarkets-Live MT5
Server Location South Africa
South AfricaInfluence
Influence
C
Influence index NO.1
South Africa 4.25Surpassed 40.70% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+27 010 035 5120
support@spacemarkets.io
https://spacemarkets.io/
5th Floor Sasol Place, 50 Katherine Street, Wierda Valley, Sandton, Gauteng, South Africa, 2196
LicensesLicensed Entity：Space Markets (Pty) Ltd
License No. 53183
WikiFX Risk Alerts
- This broker exceeds the business scope regulated by South Africa FSCA(license number: 53183)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
Account
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum DepositR50
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission$10
- Products--
Updated：
MT4/5
White Label MT5
0
MT4 Servers
1
MT5 Servers
206.29
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 5
Perfect
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Official website
Website
- 129.232.188.82Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| Space MarketsReview Summary | |
| Founded | 2023-03-15 |
| Registered Country/Region | South Africa |
| Regulation | Unregulated |
| Market Instruments | Forex, Indices, Stocks |
| Demo Account | / |
| Leverage | Up to 1:2000 |
| Spread | From 0.0 pips |
| Trading Platform | MT5 |
| Min Deposit | R50 |
| Customer Support | support@spacemarkets.io |
| 010 035 5120 | |
| WhatsApp: 071 339 7548 | |
Space Markets Information
Space Markets (Pty) Ltd is a brokerage firm in the forex trading industry. It offers various types of foreign exchange trading accounts, including Standard Account, Pro Account, etc. The minimum deposit is only R50, which provides investors with a relatively low trading threshold. The platform supports the MT5 trading platform and is equipped with a variety of trading functions and tools. It provides foreign exchange trading, and also covers index trading and stock trading, with a relatively rich range of trading products.
Pros and Cons
| Pros | Cons |
| Various trading tools | Unregulated |
| MT5 available | Trading involves risks |
| Minimum deposit of R50 | Some unclear fees |
| Leverage up to 1:2000 | |
| Spread as low as 0 pips |
Is Space Markets Legit?
Space Markets (Pty) Ltd claims to be a financial services provider registered with and regulated by the FSCA, but there is no clear evidence.
What Can I Trade in Space Markets?
Space Markets offers forex trading, including major currency pairs (such as EUR/USD, GBP/USD), minor currency pairs, and exotic currency pairs. Traders can also choose index trading and stock trading.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
Account Type
| Account Type | Standard | Pro | Sniper | Ultra Micro | Space 100 | Swap Free/Islamic ECN |
| Minimum | R50 | R50 | R50 | R50 | R50 | R50 |
| Spread | 1.5 pips | 0.0 pips | 0.0 pips | 0.5 pips | 0 pips | 0 Pips |
| Commissions | $0 | $7 | $0 | $0 | $0 | $10 |
| Bonus | 0% | 0% | 0% | 0% | 100% | 0% |
| Platform | MT5 | MT5 | MT5 | MT5 | MT5 | MT5 |
| Max Leverage | 1:2000 | 1:500 | 1:1000 | 1:500 | 1:500 | 1:500 |
| Zero Indices | No | No | Yes | No | No | No |
Space Markets Fees
The spread of most accounts can be as low as 0 pips, or there is no direct commission. However, there is a commission cost of $150 per lot for zero-spread indices. For specific commissions, you can refer to the information about account types.
Leverage
The maximum leverage is 1:2000. The leverage is set at different ratios based on the account balance/net worth. Different account types also have their respective maximum leverage limits. For example, the maximum leverage of the sniper account is 1:1000.
| Account balance/net worth range (USD) | Maximum leverage ratio |
| 0 - 1,000 | 1:2000 |
| 1,001 - 2,000 | 1:1000 |
| 2,001 - 5,000 | 1:500 |
| Above 5,000 | 1:300 |
Trading Platform
The platform provides the MT5 trading platform, which offers real-time market data to help traders keep abreast of market dynamics. At the same time, it supports trading on mobile devices, facilitating investors to participate in trading anytime and anywhere.
Deposit and Withdrawal
Space Markets supports various methods, including traditional bank transfers, credit/debit card transactions, e-wallet payments, etc., for deposits, and the funds can arrive quickly. The withdrawal process is also convenient, and the platform promises to complete withdrawals within 24-48 hours.
Bonus
Only the Space 100 account offers a 100% bonus, and there is no bonus for other accounts.
Keywords
- 1-2 years
- Regulated in South Africa
- Financial Service Corporate
- White label MT5
- Global Business
- Suspicious Overrun
- Medium potential risk
Wiki Q&A
sinopi 
1-2 years
What trading instruments are available on Space Markets?
The broker supports trading in forex (major, minor, exotic pairs), indices, and stocks. No crypto, commodities, or ETFs are listed.
Broker Issues
Account
Leverage
Platform
Instruments
07-29
United States
Five8
1-2 years
What is the maximum leverage Space Markets offers?
The platform offers dynamic leverage based on account balance, ranging from 1:2000 for balances under $1,000 to 1:300 for balances over $5,000.
Broker Issues
Account
Leverage
Instruments
Platform
07-14
United States
Vongnarin
1-2 years
What are the cons of Space Markets?
The main drawbacks include its expired regulatory status, exposure to high leverage risks, and lack of full transparency on trading or withdrawal fees.
Broker Issues
Regulation
07-13
United States
Sam35
1-2 years
What are the pros of Space Markets?
Space Markets offers access to the MT5 platform, a wide range of trading instruments, account variety, low entry deposit from R50, and leverage up to 1:2000.
Broker Issues
Regulation
07-13
United States
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