Trade Bot Sphere (tradebotsphere.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 180 Lancaster Road Gordons Bay Western Cape 7140 United Kingdom; 180 Lancaster Road Gordons Bay Western Cape, 7140 United Kingdom; 1st Floor Meridian Place Choc Estate Castries Saint Lucia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: app.tradebotsphere.com.
Customer support at Trade Bot Sphere (tradebotsphere.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Copy trading available|Social trading features
Cons: Inactivity fee applies after 12 months|None so far
Do not be fooled by the professional-looking website. Behind the scenes, Trade Bot Sphere (tradebotsphere.com) is disorganized and incompetent. I found them through a forum discussion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Risk management tools|Fast execution
Cons: No integrated tax optimization
I lost a significant amount because Trade Bot Sphere (tradebotsphere.com) 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: Dedicated account manager|Instant funding|Good analytical tools|Easy to use platform
Cons: Limited ETF selection|Help articles are sometimes vague
I had a dispute with Trade Bot Sphere (tradebotsphere.com) 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: Multi-device support|Wide product range|Detailed reporting
Cons: Wait times can be long during peak hours|None so far
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. Trade Bot Sphere (tradebotsphere.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Easy to use platform|Good analytical tools
Cons: Onboarding videos are outdated|No integrated tax optimization
Where do I even begin with Trade Bot Sphere (tradebotsphere.com)? for about three months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Professional team|Quick verification|Copy trading available
Cons: Minor UI glitches occasionally
I found Trade Bot Sphere (tradebotsphere.com) through a podcast recommendation and the initial impression was positive. But since I opened my account last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Professional team|Smooth onboarding|High security standards
Cons: Help articles are sometimes vague
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Trade Bot Sphere (tradebotsphere.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Detailed reporting|Automated trading options|Portfolio tracking tools|Multiple order types
Cons: No phone support on weekends
What really bothers me about Trade Bot Sphere (tradebotsphere.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after doing extensive research and I fell for the polished exterior. Never again.
Pros: Social trading features|Risk management tools|Copy trading available
Cons: No crypto staking|Inactivity fee applies after 12 months
The reporting at Trade Bot Sphere (tradebotsphere.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: No hidden fees|Good mobile app|Automated trading options
Cons: No live chat on mobile|Mobile app could be improved