AssetsSphere Ltd has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for over three years with AssetsSphere Ltd, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Excellent charting|Fast execution|Regular updates
Cons: Mobile app could be improved|Search feature is basic
I have been trying to close my account with AssetsSphere Ltd 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: Economic calendar|Reliable uptime|Good mobile app
Cons: Website design could be more modern
I was contacted by AssetsSphere Ltd through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns
The hidden fees at AssetsSphere Ltd are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Low minimum deposit|Fast support response|High security standards
Cons: Charting tools need more indicators|Live chat only during business hours
The mobile app from AssetsSphere Ltd is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Good mobile app|Customizable dashboard|Detailed reporting|Easy withdrawals
Cons: Wish they had more educational resources|Cannot customize dashboard fully
KYC with AssetsSphere Ltd is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Multiple order types|Real-time alerts
Cons: None so far|Desktop app not available on Linux
I am in a dispute with AssetsSphere Ltd over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Easy withdrawals|Risk management tools
Cons: Inactivity fee applies after 12 months
I was about to invest with AssetsSphere Ltd but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. AssetsSphere Ltd recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multiple order types|Professional team
Cons: Limited social trading features
I trusted AssetsSphere Ltd with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Customizable dashboard|Clean UI
Cons: Desktop app not available on Linux|No dark mode on mobile