Score

1.37 /10
Danger

Trading Space

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Website

Score

Regulatory Index0.00

Business Index5.91

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Trading Space UK Ltd

Company Abbreviation

Trading Space

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 595450) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Trading Space · Company summary

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
MobiusWeb/
MT4/Beginners
MT5/Experienced traders
Mobius

Deposit and Withdrawal

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

Bitcoin deposit

News

ExposureWikiFX Scam Alert: Beware of Trading Space!!!

The British regulator FCA issued a warning against Trading Space on August 22th!!!

WikiFX
2022-08-29 13:31
WikiFX Scam Alert: Beware of Trading Space!!!

User Reviews

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User comment

6

Comments

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托马斯63879
more than one year
Trading Space's website loads so slowly that I can't help but worry that my trading will be slow too. This should not be a problem with my network! I think their server is too far away from me.
Trading Space's website loads so slowly that I can't help but worry that my trading will be slow too. This should not be a problem with my network! I think their server is too far away from me.
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2023-03-08 10:26
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Jonas69
more than one year
До встречи с этим брокер торговал на другом , там меня развели на 10 000 евро , после чего еще позвонила компания которая якобы помогает вытаскивать деньги с сайта , эти оказались еще больше мошенники , все кто хотят помочь вам вытащить потерянные средства , закопают вас еще глубже. Данный сайт надежный работают отлично с любым банком , всем рекомендую.
До встречи с этим брокер торговал на другом , там меня развели на 10 000 евро , после чего еще позвонила компания которая якобы помогает вытаскивать деньги с сайта , эти оказались еще больше мошенники , все кто хотят помочь вам вытащить потерянные средства , закопают вас еще глубже. Данный сайт надежный работают отлично с любым банком , всем рекомендую.
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2023-02-07 00:41
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