CryptoSphereFX has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I lost a significant amount because CryptoSphereFX did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Educational resources|Fast deposits|Transparent fees
Cons: No crypto staking
I signed up with CryptoSphereFX from a review site like this one and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Portfolio tracking tools|Low minimum deposit
Cons: Could offer more webinars|Wait times can be long during peak hours
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. CryptoSphereFX said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Full transparency|Wide product range|Responsive team|Low minimum deposit
Cons: Wish they had more educational resources
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that CryptoSphereFX has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
I invested $10,000 with CryptoSphereFX after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Commodity Futures Trading Commission.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
CryptoSphereFX 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: Wide product range|Helpful community forum|Good mobile app
Cons: Inactivity fee applies after 12 months|No live chat on mobile