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.
Ausorix (lifebloom.autos) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Regular platform improvements|Demo account available|Reliable uptime|Professional team
Cons: Mobile app could be improved|Currency conversion fee exists
Ausorix (lifebloom.autos) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Automated trading options|Professional team|High security standards|API access
Cons: Minor UI glitches occasionally