It's time for a new generation of online trading, represented by the broker Space FX. It provides instant access to all markets in the world, the ability to trade crypto and invest in IT companies, trade commodities and currencies. And all this online, from any device and browser, without switching between accounts. Among other things, Space FX has over 20 years of experience in the financial markets. That's just how much you can trust this broker is not yet clear. Let's try to figure it out with you.
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space fx. General information
Broker's main website:
Despite the "space" name and the constant desire for the future, the Space FX website is a primitive template, no different from others.
The menu includes the following items:
- account types;
- about company;
- the documents.
Each of these sections is divided into several more, which we will discuss below.
In the header of the main page there is a beautiful photo of skyscrapers that can be seen from the office window. Obviously, this is how the trader's office, which cooperates with Space FX, should look like. There is also a button "Learn more about us", by clicking on which you go to the page about the company.
Next is a large chart of price changes for various assets. Below are the benefits of working with the company, under which is published a large 3D screenshot depicting a trading platform with “huge opportunities”, as the broker claims.
When scrolling down, we see the chronology of the company's development, starting from 1998.
Next are the achievement counters (the number of accounts opened in the last month, the total withdrawal amount, the number of deals made on the Space FX platform).
At the very bottom, the broker demonstrates how convenient it is to invest and withdraw money from a trading account.
The footer duplicates the menu. The phone number, address and e-mail of the company are also presented there.
At the end of the page, we see a warning about the risks that are usually published by unscrupulous brokers who want to shift the responsibility for the money of traders to themselves.
Due Diligence, Space FX Licenses
Why did we highlight a fragment in the text on the last screen? We just want to draw attention to the fact that it is about a completely different site. We were curious about what kind of site this was, and we drove it into the search. However, it was not possible to see what was there, because the resource is blocked in Russia.
Two conclusions can be drawn from this at once. Broker Space FX creates websites-clones of their projects. At the same time, the predecessor of the site that we are considering today, according to Roskomnadzor, is not worth visiting by Russian users. And Roskomnadzor does not shoot at sparrows from a cannon. Once banned, then there was a good reason.
The next point that raised doubts is the age of the office. If we take into account the results of the Whois check (first screen), the Space FX project was organized in September 2021, and not in 1998, as the broker states on the main page and in the “about us” section.
Also, having searched the address of the company in Google maps, we found out that there is an office building where any rogue can, if desired, buy a legal address for himself. In this case, the same premises can be “rented” to several offices. But there is no Space FX or even another brokerage house at this address.
Among other things, the same address has already been mentioned on the website of another office. For some reason they have the same phone number.
It is noteworthy that the Kapital IT office mentioned in the screenshot was also founded in 1998 and also jointly with Dr. Eric Forsyth Sharp and his partner Christine Koni. Coincidence? We don't think. By the way, the reviews about these Kapital IT are far from the most flattering ones. And sometimes with profanity.
Thus, in the first 5 minutes of being on the Space FX website, we realize that we have a one-day office that creates clone projects with the sole purpose of making quick money on Pinocchio. There are as many as three clone companies.
Apart from cloning "lohobroker" projects, Space FX did nothing else. So, for example, in the “documents” section, a typical fraudulent client-user agreement is provided, which explicitly states that the company does not provide any guarantees for the security, accuracy, reliability, serviceability of the service, the absence or timely elimination of failures and errors, the completeness and correctness of the provided on the data site.
Well, and finally, we did not find any licenses from regulators, including the Central Bank of the Russian Federation, which gives the right to work with Russian clients, on the Space FX website.
Features of the work of Space FX. Tools and conditions for traders
For its clients, the office offers trading and investment in more than 420 assets, including forex, securities, raw materials, futures, cryptocurrencies, CFDs.
Working with Space FX, as the broker claims, you get the following benefits:
- quick access to all markets of the world from a single window of the platform and from one account;
- the ability to trade on mobile devices;
- wide functionality of the platform;
- fast withdrawal, convenient ways to replenish;
- no commissions.
To get started, you need to register and deposit money into your account. The broker offers four types of accounts with a minimum denomination (neither more nor less) of $5,000 and a maximum of $50,000. (VIP package). At the same time, it is completely unclear what the project developers were guided by when setting such a high entry threshold. Such amounts are acceptable for trusted, eminent brokers who are always on the buzz.
Real customer reviews of Space FX
Interestingly, we even came across positive reviews about Space FX. Obviously, such laudatory odes are paid for by the broker himself. Because most of the comments are negative.
If you have become victims of Space FX scams, leave comments below this article. Perhaps it is your review that will save someone from losing money.
Scheme to deceive Space FX users
The Space FX divorce scheme is primitive and proven. Fraudsters look for their potential victims on sites dedicated to work, making money online, trading, and dating. Another option is to purchase databases of phone numbers, spam in social network messages or SMS.
Experienced psychologists quickly ingratiate newcomers to the financial markets and bring them to their platform. After that, using the “carrot and stick” method or skillful “win-lose” alternation, the swindlers easily lure huge sums of money from their victims. In addition to the main deposit, the user can be ruined by a non-existent commission for withdrawing from a fashionable bank, or even driven into a loan and threatened with a court.
For each Space FX has prepared its own way of divorce. But the result will be the same for everyone – once you give your money to this broker, you will not see it again.
We found the following signs of fraud on the Space FX broker website:
- non-unique, primitive pattern;
- cloning information from previous scam projects;
- lack of registration, licenses of regulators;
- incorrect contact information;
- incorrect user agreement;
- the presence of negative reviews on the network.
We issue a verdict: Space FX are scammers that exist to swindle gullible newbies. Any interaction with this project is fraught with the loss of all your savings.
If you have become a victim of Space FX or other black brokers and want to get your hard-earned money back, leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.