BrokersView has Reviewed that DSPACEFX is an Unregulated Broker DSPACEFX (DSPACE CAPITAL LIMITED) claims to be a brokerage firm registered in Saint Lucia (License number 2023-00285), together with offices in Dubai, offering wide range of financial services to traders, including Forex, Metals, Indices, Energies, Commodities, Cryptos and more instruments in global markets. Upon investigation, DSPACE CAPITAL LIMITED is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. But we found that DSPACE CAPITAL LIMITED is not authorized and regulated by the DuBai Financial Services Authority (DFSA), the Central Bank of U.A.E.(CBUAE) and the Securities and Commodities Authority (SCA) in the United Arab Emirates. The truth is that DSPACEFX is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. DSPACEFX is a scam.
DSPACEFX
VisitRisk Level - High
DSPACEFX
Risk Level - High
Scam Evidence & Warnings
BrokersView has identified that DSPACEFX's website is currently offline BrokersView found that the domain "https://dspacefx.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
Is it safe to invest in DSPACEFX? Dear Investor,We are concerned that DSPACEFX may be a scam.Offshore registration: The broker claims to be registered in St. Lucia, an offshore center known for its lax regulations. It is important to note that this jurisdiction does not license or regulate forex trading activities.Lack of regulatory oversight: While DSPACEFX purports to be physically located in Dubai, there are no indications that it is authorized or regulated by the relevant financial regulators. Without valid licensing details to substantiate its legitimacy, DSPACEFX is most likely a scam due to its unregulated status.Therefore, we strongly advise against using DSPACEFX. For a safer trading environment, we highly recommend choosing brokers that are fully regulated by reputable financial authorities. View Source
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