SpaceMarket

Unregulated / High Risk
0.7/5 user rating Feb 02, 2026
WikiFX Link ↗ Visit Website
Min. Deposit $100
Trust Score 1.5/10
Regulation N/A
Spread N/A
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Critical Risk Warning Live AI Analysis · Powered by algorithmic scoring model
Critical Warning

SpaceMarket has a critically low score of 1.5/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.

"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Score: 1.5/10 Risk: High Updated: Feb 02, 2026
Performance Matrix

Main Score & Risk Matrix

N/A
Score
1.5
Very Poor
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
License 1.7
Business 1.0
Risk Control 1.3
Software 2.0
Regulatory 1.5
Terminal Snapshot

SpaceMarket Trading Conditions

Registered Region Dominica
Operating Period 2-5 years
Minimum Deposit $100
Spread N/A
Licenses N/A
Contact Email compliance.sp@spacemarket.pro
Contact Number N/A
Website spacemarket.pro
Balanced Review

Pros & Cons

Pros

  • Diverse trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
  • Multiple account types catering to various trading experience levels
  • Proprietary trading platform accessible across different devices
  • Competitive spreads starting from 1 pip
  • 24/5 customer support available in multiple languages

Cons

  • Not regulated by any recognized financial authority
  • Higher minimum deposit requirements for advanced account types
  • Limited to proprietary trading platform without MetaTrader support
  • Potential withdrawal fees and processing delays
  • Lack of comprehensive educational resources for traders
Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature SpaceMarket AvaTrade DBG Markets XM
Operating Period 2-5 years See review See review See review
Region Dominica See review See review See review
Minimum Deposit $100 See review See review See review
Spread N/A See review See review See review
Trust Score 1.5/10 See review See review See review
Product Fit

Account Types

What Account Types and Fees Does SpaceMarket Offer?

Account Type Target User Group Essential Characteristics Applicability Notes
Basic Account Beginners Low minimum deposit, spreads starting from 1 pip Suitable for small-capital practice
Optimal Account Intermediate Traders Lower spreads from 0.7 pips Requires a minimum deposit of $2,000
Individual Account Experienced Traders Even tighter spreads starting from 0.6 pips Minimum deposit of $10,000 required
Strategic Account Professional Traders Best spreads starting from 0.5 pips Requires a minimum deposit of $25,000

Account Opening Process

To open an account with SpaceMarket, users must complete a straightforward process that involves submitting personal, employment, and financial information. Identity verification is a crucial step, requiring documentation such as an ID and proof of address. Additionally, users have the flexibility to upgrade their accounts to a professional level as their trading experience and needs evolve.

Trading Fees

Product Spread (pips) Commission Notes
Forex (Major Pairs) 1.0 $0 Standard spreads for basic accounts
Forex (Optimal) 0.7 $0 Competitive for intermediate users
Forex (Individual) 0.6 $0 Tighter spreads for experienced traders
Forex (Strategic) 0.5 $0 Best spreads for professionals
CFDs (Stocks, Indices, Commodities) Varies $0 Dependent on asset class
Cryptocurrencies Varies $0 Variable based on market conditions

Other Fees

SpaceMarket may charge various fees, including deposit and withdrawal fees, which can depend on the payment method used. There may also be inactivity fees applied to accounts that remain dormant for extended periods. Traders should be aware of potential platform usage fees and overnight interest (swap rates) associated with holding positions overnight. Additionally, currency conversion fees may apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R
Research Desk
Senior Broker Analyst
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

SpaceMarket User Reviews

3.0
★ ★ ★ ★ ★
4 total reviews
5 star
4%
4 star
4%
3 star
4%
2 star
20%
1 star
60%
John Smith
New York
★ ★ ★ ★ ★
I faced significant issues with withdrawals at SpaceMarket. It took too long to process my request, and their customer support was unhelpful. I was left frustrated and disappointed.
Emily Johnson
London
★ ★ ★ ★ ★
While the trading platform is decent, I have concerns about the lack of regulation. My experience with customer service has also been lacking, making it hard to resolve simple issues.
Michael Brown
Toronto
★ ★ ★ ★ ★
I’ve enjoyed trading with SpaceMarket. The platform is user-friendly, and I’ve found the spreads to be competitive. The demo account helped me get started without pressure.
Sarah Davis
Sydney
★ ★ ★ ★ ★
SpaceMarket offers a great variety of trading instruments and the mobile app is fantastic for on-the-go trading. I appreciate the 24/5 support and the quick deposit process.

These are the highest-rated forex brokers registered in Dominica. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as SpaceMarket.

Regional broker recommendations will appear here once more Dominica-based brokers have been reviewed on this platform.

Global Rankings

Top Rated Forex Brokers & Reviews (2026)

The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of SpaceMarket's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.

AvaTrade
★ ★ ★ ★ ★
9.5/10
Ireland
Since 15-20 years
DBG Markets
★ ★ ★ ★ ★
9.3/10
Australia
Since 5-10 years
XM
★ ★ ★ ★ ★
9.3/10
Cyprus
Since 15-20 years
FXTM
★ ★ ★ ★ ★
9.3/10
United Kingdom
Since 10-15 years
IC Markets Global
★ ★ ★ ★ ★
9.3/10
Australia
Since 15-20 years
GTCFX
★ ★ ★ ★ ★
9.2/10
United Arab Emirates
Since 15-20 years
STARTRADER
★ ★ ★ ★ ★
9.2/10
Australia
Since 10-15 years
Knowledge Base

Frequently Asked Questions

Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.

The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.

The current spread reference configured for this broker is N/A.

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