Profit Space Broker Information
- Jurisdiction: Cyprus
- Regulators: CySEC, IFSC, FSC, FСA
- Founded: 2008
Profit Space Quick reference
Profit Space calls itself “a space for profit”. But this is the broker that specializes in CFDs. It opens access to quotes for commodities, cryptocurrencies, ETFs, currency pairs, indices, metals and shares.
Profit Space claims that together with it “millions of traders” augment their capital. If you are one of them or sought to make money with this broker, submit your review.
Profit Space summary
Date of foundation. Profit Space considers age to be its advantage. The broker allegedly emerges in 2008.
The origin story of the company is published on the site. According to it, in 2009 Profit Space was already used by 100,000 traders, in 2012 it received approval from the British Office of Business Ethics in Finance, in 2013 it was nominated for the “Best New Forex Broker” award. The latest date in the chronology is 2019, when Profit Space aimed to receive the “Best Trading Conditions” award at the Worlds Finance Award.
Location. The broker is registered in Cyprus. Its legal coordinates are 2, Agias Sofias, Lemesos District, 3065, Cyprus.
Profit Space offices are scattered around the world. In the UK the staff of the company can be found at 18 - 20 London Ln, London E8 3PR, United Kingdom. In Brazil they can be found in Rua Vergueiro, 1000 - Paraíso, São Paulo - SP, 01504-000, Brazil. In Hong Kong they can be found in 9 Hoi Ting Rd, Yau Ma Tei, Hong Kong.
Contacts. Support can be contacted in several ways. (1) Fill out the form to get a call back. (2) Write an email to firstname.lastname@example.org. (3) Call +44 20 3011 2411 (UK), +55 11 3397 4002 (Brazil), +85 23 7460 123 (Hong Kong).
Support service works on a 24/5 schedule.
Regulation. The broker claims to have regulation from 4 sides. So, the company reports that in 2012 it received an FCA license. Users do not have a number or photo of the document at their disposal.
Profit Space assures that it has the licenses with the seals of CySEC (number 184/31), IFSC (25/136 / TS / 18) and FSC Mauritius (C358249318). There are no links to these documents, as well as their scanned copies.
Terminal. As far as you can understand from the site profit-space.com, the broker offers to trade in its own program. It displays quotes, you can monitor analytical data and use indicators / oscillators.
Profit Space trading terms
Profit Space lists the benefits of trading with it:
- narrow spreads,
- no hidden comissions,
- leverage is 1:100.
To check these parameters in practice, the broker offers to choose among 3 accounts: Easy Start, Optimal, Professional.
Easy Start requires an initial deposit of at least $ 500. Execution of orders is instant, as in the two cases below.
Optimal requires depositing of at least $ 1,000. Profit Space promises cryptocurrency trading and deposit insurance.
To lay claim to the Professional account, you need to shell out $ 10,000. A trader can count on trading in virtual assets, insurance and deposit protection, round-the-clock support.
The site profit-space.com provides users with economic news, economic calendar and contract specifications. Registration for individual and group training is also provided.
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