TradingSphere Review
Reviewed · Last updatedA Seychelles-licensed brand operated by TOB Trading Ltd, offering currencies, indices, commodities, share CFDs and cryptocurrencies, with fee information, legal documents and risk disclosures published on the website.
This review is provided for general information and does not constitute an endorsement, investment advice or a recommendation to open an account. Broker information may change after publication. Readers should verify regulatory status, product availability, fees and legal documentation through official sources before making any decision.
Who this service may not be suitable for
Leveraged products may not be suitable for readers seeking long-term investment products, readers who cannot afford to lose the money they deposit, or anyone unwilling to accept the substantial risk of loss inherent in leveraged trading. A majority of retail CFD accounts lose money.
Key facts
- Main regulation
- TOB Trading Ltd, FSA Seychelles SD172
- Markets offered
- Currencies, Indices, Commodities, Share CFDs, Crypto
- Regions served
- International entities
How this score was calculated
Facts recorded on 14 Sep 2026 from the broker’s official website and regulator sources, scored with our published rubric. Items we could not find on the official website count as not disclosed.
Regulation and transparency
- Strongest regulator tier: 2.0
Costs and fee disclosure
- Yes: Commissions published
- Yes: Overnight (swap) rates published
- Yes: Inactivity fee disclosed
- Yes: Deposit and withdrawal fees disclosed
- Not found: Currency conversion fee disclosed
Risk and consumer information
- Yes: Risk warning on homepage
- Yes: Retail loss percentage published
- Yes: Risk disclosure or KID available
- Yes: Negative balance protection stated
- Yes: Segregated client funds stated
- Yes: Legal documents public
Customer support
- Yes: Live chat
- Yes: Email
- Yes: Phone
- Yes: Hours: 24/5
Education and research
- Yes: Education section
- Yes: Risk education content
- Yes: Webinars or courses
- Yes: Market analysis
- Yes: Economic calendar
Website and user experience
- Yes: Legal documents page
- Yes: Fees page
- Yes: Entity and licence in footer
Regulatory status by region
The entity that holds an account determines the regulator, client-money rules and compensation arrangements that apply. Check the entity on the official register of the named regulator before opening an account.
| Region | Legal entity | Regulator and licence |
|---|---|---|
| International entities | TOB Trading Ltd | FSA Seychelles SD172 |
Full review
TradingSphere is the trading brand of TOB Trading Ltd, a Seychelles company that publishes its licence details, legal documents and fee information on its own website. This first version of our review records what the company states publicly, with the date each item was checked. It is not a recommendation.
Who operates the brand
The website footer names TOB Trading Ltd, registered at Eden Plaza, Eden Island, Seychelles, and licensed by the Seychelles Financial Services Authority under licence number SD172. A separate company, Novaga Ltd of Limassol, Cyprus, is named as the provider of payment services. Clients contract with the Seychelles entity, which sits outside the European Union, United Kingdom and Australian regimes, so the investor-compensation schemes attached to those regimes do not apply.
What is available to trade
The website lists contracts for difference on currencies, indices, commodities, share CFDs and cryptocurrencies. These are leveraged products: the amount at risk is the value of the position, not the margin placed to open it.
How costs are published
Commissions, overnight financing charges, inactivity charges, and deposit and withdrawal charges were all published in the material we checked. A currency-conversion charge was not stated, so anyone funding an account in a currency other than the account currency should ask for that figure in writing before depositing.
Funding and client money
The company states that client funds are held in segregated accounts and that negative balance protection applies, and it publishes its risk disclosure and client agreement without requiring registration. Its FAQ states that the company charges nothing to deposit, that funding is handled in the client portal, and that a withdrawal returns the original deposit to the payment method used, with any remaining profit sent by bank transfer.
Support
Live chat, email and a telephone number are published, with availability stated as around the clock on weekdays.
Education and research
The website carries an education section, material explaining trading risk, webinars or courses, market analysis and an economic calendar.
Before opening an account
Confirm licence SD172 on the register of the Seychelles Financial Services Authority, read the risk disclosure and client agreement in full, and check which company holds the money and which country’s courts and complaint procedures apply. A majority of retail accounts lose money when trading CFDs.
Research methodology
Assessed against our published framework using the broker’s public website, legal documents and regulator registers. Every broker is assessed using the same documented criteria. Full methodology →
Sources
- Broker website and legal documents: tradingsphere.com, retrieved 24 Sep 2026
- Score evidence (costs): tradingsphere.com, retrieved 14 Sep 2026
- Score evidence (risk): shared.gighl.com, retrieved 14 Sep 2026
- Score evidence (support): tradingsphere.com, retrieved 14 Sep 2026
- Score evidence (education): tradingsphere.com, retrieved 14 Sep 2026
- Score evidence (website): tradingsphere.com, retrieved 14 Sep 2026
Corrections and update history
- 14 Sep 2026: Category scores calculated with the published scoring rubric (methodology version 1.0) from facts recorded on the broker’s official website.
Spotted an error? See our Corrections Policy.
CFDs and other leveraged products carry a high risk of losing money rapidly because of leverage, and a majority of retail investor accounts lose money when trading CFDs. A high editorial score reflects disclosure and service quality. It does not make trading safe.