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Space Markets

South Africa | 1-2 years |
ECN Account Regulated in South Africa | Financial Service Corporate | White label MT5 | Regional Brokers | Suspicious Overrun | Medium potential risk

https://spacemarkets.io/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

SpaceMarkets-Live

South Africa
MT5
6

Influence

C

Influence index NO.1

South Africa 3.64

MT4/5 Identification

MT4/5 Identification

White Label

6
Server Name
SpaceMarkets-Live MT5
Server Location South Africa

Influence

Influence

C

Influence index NO.1

South Africa 3.64
Surpassed 40.20% 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

Licenses

Licensed Entity:Space Markets (Pty) Ltd

License No. 53183

WikiFX Risk Alerts
2025-09-05
  • 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!

Basic Information

Registered Region
South Africa
Operating Period
1-2 years
Company Name
Space Markets (Pty) Ltd
Customer Service Email Address
support@spacemarkets.io
Contact Number
+270100355120
Company Website
Account
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
White Label MT5
0
MT4 Servers
1
MT5 Servers
196.83
velocityIcon
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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Website

spacemarkets.io
129.232.188.82
Server Location
South Africa
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

Space MarketsReview Summary
Founded2023-03-15
Registered Country/RegionSouth Africa
RegulationUnregulated
Market InstrumentsForex, Indices, Stocks
Demo Account/
LeverageUp to 1:2000
SpreadFrom 0.0 pips
Trading PlatformMT5
Min DepositR50
Customer Supportsupport@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 toolsUnregulated
MT5 availableTrading involves risks
Minimum deposit of R50Some 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.

Is Space Markets Legit
Is Space Markets Legit

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 SniperUltra Micro Space 100Swap Free/Islamic ECN
MinimumR50R50R50R50R50R50
Spread1.5 pips0.0 pips0.0 pips0.5 pips0 pips0 Pips
Commissions$0$7$0$0$0$10
Bonus0%0%0%0%100%0%
PlatformMT5MT5MT5MT5MT5MT5
Max Leverage1:20001:5001:10001:5001:5001:500
Zero IndicesNoNoYesNoNoNo

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 - 1,0001:2000
1,001 - 2,0001:1000
2,001 - 5,0001:500
Above 5,0001:300

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
  • Regional Brokers
  • Suspicious Overrun
  • Medium potential risk
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