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Metrictradingfx -Some Important Details about This Broker

Trading Space Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-08 11:02

Abstract:Trading space is a financial company registered in 2021. It offers 5 types of accounts, and the minimum deposit is as high as 250 dollars. Nevertheless, its regulatory licenses are suspected to be cloned.

  Note: Trading Space's official website https://tradingspace.pro/ is currently inaccessible normally.

Trading SpaceReview Summary
Founded2021
Registered Country/RegionUK
RegulationASIC/FCA (Suspicious clone)
Market Instruments/
Demo Account❌
LeverageUp to 1:200
Spread3 pips (Basic account)
Trading PlatformMobius
Min Deposit$250
Customer SupportEmail: support@tradingspace.pro

  Trading space is a financial company registered in 2021. It offers 5 types of accounts, and the minimum deposit is as high as 250 dollars. Nevertheless, its regulatory licenses are suspected to be cloned.

Pros and Cons

Pros Cons
Multiple types of accountsInaccessible website
Suspicious clone licenses
No demo accounts
Wide spreads
Not supported by MT4 or MT5
Limited channels for customer support

Is Trading Space Legit?

  No. It currenly only holds two suspicious clone licenses.

Regulatory AuthorityAustralia Securities & Investment Commission (ASIC)
Regulatory Status Suspicious Clone
Regulated by Australia
Licensed Institution OANDA AUSTRALIA PTY LTD
Licensed TypeMarket Making (MM)
Licensed Number412981
Suspicious clone ASIC license
Regulatory AuthorityFinancial Conduct Authority (FCA)
Regulatory Status Suspicious Clone
Regulated by UK
Licensed Institution Admiral Markets UK Ltd
Licensed TypeMarket Making (MM)
Licensed Number595450
Suspicious clone FCA license
Domain information

Account Type/Spread

  Trading Space offers 5 types of accounts: Basic, Silver, Gold, Platinum, and Diamond.

Account TypeMin DepositSpread
Basic$2503 pips
Silver$11,0002 pips
Gold$51,0001.5 pips
Platinum$160,0000.5 pips
Diamond/0.1 pips
Account comparison

Leverage

  The leverage can be up to 1:200. When the leverage is high, potential risks may also be high. Thereby, careful considerations are recommended.

Account TypeMax Leverage
Basic1:20
Silver1:50
Gold1:100
Platinum1:150
Diamond1:200

Trading Platform

  Trading Space uses Mobius as its trading platform.

Trading PlatformSupported Available Devices Suitable for
Mobius✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Mobius

Deposit and Withdrawal

  The deposit option includes Bitcoin, but detailed information is not clear.

Bitcoin deposit

Related broker

Unverified
Trading Space
Company name:Trading Space UK Ltd
Score
1.45
Website:https://tradingspace.pro/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.45

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