Space x Options (spacexoptions.com) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Space x Options (spacexoptions.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Customizable dashboard|Automated trading options|Regular updates|Smooth onboarding
Cons: Withdrawal takes 1-2 business days|Minor UI glitches occasionally
I gave Space x Options (spacexoptions.com) a fair chance. After for a few weeks now of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Tax reports included|Social trading features
Cons: Onboarding videos are outdated|Alert system is basic
Tried to withdraw my funds from Space x Options (spacexoptions.com) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I had high hopes for Space x Options (spacexoptions.com) after a trusted YouTuber reviewed them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Smooth onboarding|Fast execution
Cons: Limited cryptocurrency options
I have been trying to close my account with Space x Options (spacexoptions.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Real-time alerts|Fast support response|Professional team|Dedicated account manager
Cons: Limited social trading features|Limited demo account features