Space World Capital forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc
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The foreign exchange market is one of the largest and most liquid financial markets in the world, providing ample opportunities for traders to capitalize on currency fluctuations. Among the myriad of brokers available, Space World Capital has emerged as a noteworthy player. This article aims to provide an in-depth analysis of Space World Capital Trade, focusing on its trading conditions, platform offerings, and overall credibility.
In this article, we will address three core questions:
Established | Regulatory Authority | Headquarters Location | Minimum Deposit | Leverage | Average Spread |
---|---|---|---|---|---|
1-2 years | None | Comoros | $100 - $5,000 | 1:500 | 0.5 - 2.5 pips |
Space World Capital has been operational for approximately 1-2 years, yet it faces scrutiny due to its lack of regulatory oversight. The broker is registered in Comoros, which raises concerns regarding its legitimacy and regulatory compliance. The minimum deposit varies significantly, with options starting as low as $100 and going up to $5,000 depending on the account type. The leverage offered is competitive at 1:500, allowing traders to amplify their positions. However, the average spreads range from 0.5 to 2.5 pips, which can be considered higher than industry standards, potentially impacting trading profitability.
Space World Capital offers its clients access to the popular MetaTrader 4 (MT4) platform, known for its user-friendly interface and robust trading tools. The platform supports automated trading through Expert Advisors (EAs), which can be beneficial for both novice and experienced traders.
Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Currency Pairs | 30 | 0.5 pips | 24/5 | $10 per lot |
Minor Currency Pairs | 20 | 1.0 pips | 24/5 | $10 per lot |
Exotic Currency Pairs | 10 | 2.5 pips | 24/5 | $10 per lot |
The broker provides a diverse range of currency pairs, including 30 major pairs with a minimum spread of 0.5 pips. However, the spreads for minor and exotic pairs are relatively higher, which could deter cost-sensitive traders. Execution speed is reported to be satisfactory, although some users have experienced occasional slippage during high volatility periods.
Space World Capital claims to prioritize client safety with measures such as segregated accounts and advanced encryption technologies. However, the lack of regulatory oversight means that traders must exercise caution. Customer satisfaction ratings are not readily available, making it difficult to gauge the overall client experience.
For traders using Space World Capital, a simple yet effective trading strategy involves utilizing the MT4 platform's automated trading features. Traders can set up EAs to execute trades based on pre-defined criteria, allowing for a disciplined approach to trading that minimizes emotional decision-making.
In conclusion, Space World Capital presents a mixed bag of opportunities and risks. While it offers competitive leverage and a user-friendly trading platform, the lack of regulatory oversight and higher-than-average spreads are significant drawbacks. This broker may be suitable for experienced traders who are comfortable navigating a less regulated environment but may not be ideal for novices or risk-averse traders.
Trading in the forex market involves significant risk and can result in the loss of your investment. Please ensure you fully understand the risks involved and seek independent advice if necessary.