ALERT | Review: Is it Legit or a Scam

Trading Space UK Ltd logo
Rated 1 out of 5
Scam Company
1 out of 5 stars (based on 3 reviews)


Item Description Website Information
Trading Space UK Ltd
37th Floor, One Canada Square, Canary Wharf, London, E14 5AB, UK
CONTACT EMAIL: (invalid)
CloudFlare Inc.

Disclaimer: The information on this document was based on information gathered during the website investigation period. Please note that the information provided might be outdated because there might have been changes on the investigated website (i.e. website had been suspended or website had changed owners and changed its content).

What is About? claims to be an investment platform which was established in 2000 in Geneva, Switzerland.

The company asserts that it has approval from the Federal Council to collaborate with other nations in Europe and the CIS as of 2010. 

The organization says it currently collaborates with 15 different nations worldwide. The business advertises that it provides trust management services as well as personal expert services.

To know more about this platform, keep reading this review.

What is Offering to The Clients?

Through their stated broad network of Tier 1 liquidity providers, allegedly gives its customers access to deep FX and CFD liquidity.

They pledge to support clients during the entire cooperation process, assist them with opening and closing orders over the phone and market monitoring, and offer a customized approach for each client. plans

Is Legit or a Scam?

Is a scam?

Yes, it is! is a foreign broker without a license. In order to deceive investors, a clone pretends to be an authorized broker when it is not. It is another uncontrolled market con artist.

Trading Space offers obscure Mobius software despite claiming to be a top-tier trading platform. Other fraudulent brokers utilize the same platform as well! The platform lacks the more sophisticated capabilities present in the most popular trading platforms in the market, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), despite having the fundamental tools for placing orders, modifying charts, and applying technical indicators (MT5).

We also discovered a description of five different trading account types on the Trading Space website. A licensed broker’s account could be opened for the same amount, or frequently less, than the $250 minimum deposit required for a Basic account. A 3 pip spread is promised for the basic account. This level is extremely unfavorable for the trader because it is far higher than the industry average.

WikiFX also displayed the logos of well-known payment options like Visa, MasterCard, Neteller, and Skrill on its homepage. However, Bitcoin is the only selection in the deposit menu. Because cryptocurrency transactions are not subject to refunds, scammers favor them.

WikiFX discovered numerous exposing deceptive terms in the Trading Space Customer Agreement. According to one of them, if an account has earned a bonus, it is not permitted to withdraw funds until it has reached the absurdly high minimum trading volume criteria, which are 40 times the sum of the bonus and the initial deposit.

Is Licensed?

Trading Space may be offering financial services or goods in the UK without permission, according to FCA.

Trading Space primarily targets UK residents despite not having FCA authorization. You won’t likely get your money back if something goes wrong because clients won’t have access to the Financial Ombudsman Service or be covered by the Financial Services Compensation Scheme (FSCS)!

Additionally, a clause in the company’s Terms and Conditions discloses where it actually is based; the documents state that Saint Vincent and the Grenadines (SVG), an offshore territory without any broker licensing or regulation, is the relevant jurisdiction.

Among traders, St. Vincent and the Grenadines are notorious. Its markets are unregulated, and any organization is free to establish a presence there and conduct business as usual. You should be wary of offshore businesses because of this kind of scrutiny!

The business makes the misleading claim that it is an IIROC-regulated crypto-asset management and investment organization on its website, Trading Space is not an investment dealer subject to IIROC regulation.

The fact that Trading Space’s maximum leverage is 1:200 is proof that it is not actually licensed in the countries it claims to operate in. This is not the level that regulated brokers operate at. Higher earnings are possible when using large leverage, but the chance of excessive and unexpected losses also rises proportionally. Leverage for retail traders is restricted by all major authorities.

The highest permissible level is 1:30 in the EU, UK, and Australia, and 1:50 in the US and Canada. This upper restriction only applies to trading major currency pairings; for more volatile assets, leverage is even more constrained. FCA Opinions on Review Sites, Social Media, & Contact Information

Based on the information they have gathered, review websites have classified it as a fraud because these deposits might easily amount to hundreds of thousands or perhaps millions of dollars.

When we looked into the email address that Trading Space supplied in more detail, we found that it was phony. Furthermore, no banking information has been supplied by the owner, who is also unknown. One of the best ways to identify a scam is to look for a company like that has a history of giving customers false information.

Comparing to Well-Established Companies

Based on daily trade volume, Binance is the largest cryptocurrency exchange in the world. The platform had its public premiere in 2017 before a wide audience. The cryptocurrency broker presently has at least 20 million subscribers.

Considering that Binance only deals in digital assets, that is an incredible 500 currencies available.

Scams and frauds involving bitcoin are becoming more and more prevalent. You should move cautiously and conduct your study to confirm the project or website is real before you make any deposits or transfers.


We have encountered victims who were mentally and emotionally drained when they were scammed out of their money. 

We can help you with your legal and technical concerns and we can help you get your money back.

How to Get Your Money Back if You Were Scammed by

Our clear and concise declaration is available at Your money is not safe with this company.

Using this method, the person in charge of managing everyday operations remains unidentified. The company collapsed because it hid its financial information, so you cannot be sure that you will obtain the gains it promises.

Unfortunately, while investing in cryptocurrencies through these channels, there are no realistic ways to get back lost money. It is challenging to forecast where a cryptocurrency investor’s money will wind up even though all bitcoin investments are untraceable. But don’t worry; Ez Chargeback has got your back. Contact us as soon as you can, and we’ll be there for you at every stage of the procedure until you receive a complete reimbursement for your loss.

EZChargeback only partners with the most trustworthy and capable scam recovery organizations.

Once you consult with us, we will be able to help you solve your problem and refer you to the top asset recovery firms that will get your money back!



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