SpaceFX: reviews of work and conditions, overview of activities
SpaceFX: analysis of a dishonest company
Presenting itself as an innovative broker, SpaceFX raises doubts about its true intentions. Reviews about working with this company are contradictory and their activities require a more detailed examination.
Main company information
According to the official website, SpaceFX has a long history in the market, is registered in Switzerland, holds a FINMA license, and collaborates with Credit Agricole. However, it is worth noting that the company PSC TECHNOLOGY DEVELOPMENT CONSULTING S.R.L., registered in Romania in 2020, actually owns SpaceFX.
SpaceFX’s main services focus on consultations, with no connection to banking activities or investments. This choice of business allows them to avoid the need for licensing.
Contact information on the website points to addresses in London and the Marshall Islands, which are likely fake. Claims about a partnership with “Credit Agricole” also turn out to be unreliable and misleading.
Regulation of SpaceFX activities
SpaceFX, apparently, lacks the necessary license, which has attracted the attention of regulators, including the Central Bank. The number of complaints and reviews has reached a critical point, and the company has been blacklisted.
The fraudulent company often changes domains, so brokers with suspiciously low deposit requirements should not be trusted.
Account types and trading conditions
SpaceFX sets high minimum deposits and offers leverage that violates international standards. Moreover, the analytics provided by the company and trading services do not meet the stated standards.
Traders’ opinion on SpaceFX
Reviews of SpaceFX are mostly negative and indicate the company’s statements are unreliable. Scammers may use positive reviews to lure potential clients.
Scam activity from SpaceFX
Reviews show that scammers from SpaceFX often contact clients by phone, offering high-profit online trading. They try to obtain information about the client’s solvency and attract their deposits. After registering an account, attempts are made to extort money through various means.
Conclusion of the SpaceFX company review
Despite its reputation, SpaceFX is a scam. It is recommended to refrain from doing business with this company to avoid wasting time and money.
I am greatly dissatisfied with SpaceFX’s work as a broker, given their poor service, unfavorable conditions, and non-transparent activities.