Ausorix (lifebloom.autos) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: lifebloom.autos.
I requested my data from Ausorix (lifebloom.autos) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Multi-device support|Responsive team|Automated trading options|Clean UI
Cons: Onboarding videos are outdated
I have been trying to close my account with Ausorix (lifebloom.autos) 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: Portfolio tracking tools|Transparent fees|Real-time alerts
Cons: Account statements could be more detailed|No live chat on mobile
I had a dispute with Ausorix (lifebloom.autos) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Market news feed|Full transparency|Wide product range
Cons: Wait times can be long during peak hours
After spending for nearly two years trying to make Ausorix (lifebloom.autos) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Economic calendar|Dividend tracking|Multi-device support|Segregated accounts
Cons: Inactivity fee applies after 12 months
Ausorix (lifebloom.autos) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Regular updates|Real-time alerts|No hidden fees|Tax reports included
Cons: Slow to add new assets|Charting tools need more indicators
The spread at Ausorix (lifebloom.autos) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after reading several online reviews and initially thought the platform was good - until I started trading seriously.
Pros: Professional team|Segregated accounts|Good analytical tools|Automated trading options
Cons: Email notifications too frequent
I closed a profitable position at Ausorix (lifebloom.autos) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: No hidden fees|Good mobile app
Cons: Website design could be more modern
Do not use Ausorix (lifebloom.autos) for anything serious. I used them for over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Demo account available|Regular updates
Cons: Email notifications too frequent|Spreads widen during volatile periods
The onboarding at Ausorix (lifebloom.autos) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Demo account available|Wide product range
Cons: Withdrawal takes 1-2 business days|No live chat on mobile
Ausorix (lifebloom.autos) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Personal attention|Helpful community forum
Cons: Live chat only during business hours|None so far