Brokers  /  TOB TRADING LTD

TOB TRADING LTD

Moderate riskForex / CFD broker
🇸🇨 Seychelles · — · since — · TOB TRADING LTD
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Independent ratingshow third parties score this broker
WikiFX/10
Trustpilot/5
Forex Peace Army/5
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No sign that TOB TRADING LTD actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
40
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Seychelles (offshore, light oversight)
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age5015%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal name
Headquarters🇸🇨 Seychelles
Founded
Years operating
Employees
Official websitetradingsphere.com
Trading conditions
Avg execution speed
Avg slippage
Swap rating
Trading cost rating
Monitored traders
Monitored orders
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSA SeychellesSecurities DealerSeychellesLicensed

Review analysis AI

TOB TRADING LTD (Trading Sphere) holds an FSA Seychelles securities dealer licence, which is not a top-tier regulatory credential. The recent termination of a key representative by the FSA raises compliance questions. With a guarded risk score of 40/100, FXCanary advises caution, particularly for traders who prioritise robust regulatory oversight.

Best for
  • Beginners and retail traders seeking high leverage up to 1:1000
  • Active traders interested in an upgradeable account structure
  • Traders prioritizing low minimum deposit ($50) and commission-free trading
Not for
  • Traders requiring regulation from top-tier authorities (e.g., FCA, ASIC, CySEC)
  • Institutional or professional traders needing deep liquidity and low latency
  • Those preferring fixed spreads or guaranteed stop-loss orders
Period:

Real user reviews

Where TOB TRADING LTD operates

Based on its licenses and complaint records.

🇸🇨 Seychelles Licensed

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

What TOB TRADING LTD says about itself as stated by the broker · not independently verified by FXCanary

Account Types & Upgrades

Trading Sphere offers a single trading account with multiple upgrade levels, allowing traders to start with a Core account and upgrade as they progress. According to its website, the Core account is best for beginners, with a minimum deposit of 50 USD, leverage up to 1:1000, and average spreads from 1.5 pips on forex and 0.25 on gold. The broker states that upgrades to Core Plus and higher tiers provide tighter spreads, faster execution, and improved support without disrupting trading.

Trading Platforms

The broker provides the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as a web-based WebTrader. According to its site, MT4 offers reliable execution and no requotes, while MT5 is a multi-asset platform with advanced tools. Both platforms support algorithmic trading, signals, and comprehensive charting.

Instruments & Markets

Trading Sphere claims to offer over 300 instruments across seven asset classes, including currency pairs, metals, indices, commodities, futures, shares, and cryptocurrencies. The broker highlights its best spreads in gold trading and provides access to major, minor, and exotic currency pairs.

Account Funding & Support

The minimum deposit for the Core account is 50 USD, with no commission on trades. The broker states that traders can adjust leverage through the client portal, and swap-free accounts are available on request. Customer support is offered 24/5 for standard accounts, with dedicated support for upgraded tiers.

About TOB TRADING LTD

Company Overview

Trading Sphere is the online trading brand of TOB TRADING LTD, a corporation registered in Seychelles with its registered office at F20, 1st Floor, Eden Plaza, Eden Island. The company operates the domain tradingsphere.com, offering retail forex and CFD trading services to a global client base. While the exact founding year is not publicly disclosed, the entity is listed as active in Seychelles' corporate registry.

Regulation & Licensing

TOB TRADING LTD holds a Securities Dealer licence from the Seychelles Financial Services Authority (FSA), a regulatory body that oversees non-bank financial services in the jurisdiction. This licence permits the firm to conduct securities dealing activities, but it is important to note that the Seychelles FSA is not considered a top-tier regulator by international standards.

In a notable regulatory development, the FSA announced in December 2025 the termination of the accreditation of Mr. Markos Solomou as the representative of TOB Trading Ltd, effective 31 December 2025. While the FSA did not provide a detailed explanation for the termination, such actions can indicate changes in compliance personnel or regulatory concerns.

Account Types & Trading Conditions

Trading Sphere operates a single account structure with multiple upgrade levels, starting with the Core account designed for beginners. According to the broker's public materials, the Core account requires a minimum deposit of 50 USD, offers leverage up to 1:1000, and has average spreads of 1.5 pips on forex and 0.25 pips on gold. No commission is charged on trades, and swap-free accounts are available upon request.

Upgrades to Core Plus and higher tiers are marketed to active traders, promising tighter spreads, faster execution, and dedicated support. The broker claims that these upgrades can be applied without closing existing positions or switching platforms.

Trading Platforms & Tools

Clients can choose between MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both widely recognized platforms in the retail trading industry. MT4 is known for its reliability and extensive use of expert advisors, while MT5 offers additional timeframes and asset classes. A WebTrader version is also available for browser-based access.

The broker also provides a client portal for account management, including leverage adjustment and document uploads for verification. Educational and informational tools are mentioned on the website, but specific details about proprietary analysis tools remain limited.

Markets & Instruments

Trading Sphere advertises access to more than 300 instruments across seven asset classes: forex, metals, indices, commodities, futures, shares, and cryptocurrencies. The forex offering includes major, minor, and exotic pairs, while metal trading focuses on gold and silver. Index CFDs cover major global benchmarks such as the FTSE 100, NASDAQ, and DAX.

The broker highlights its competitive spreads on gold trading as a key selling point. Commodities include energy products like crude oil and agricultural softs such as coffee and sugar. Futures and share CFDs are also available, though specific lists of instruments are not fully disclosed on the public website.

Target Audience

The broker's account structure and promotional materials suggest it aims to attract a wide range of traders, from novices to experienced active traders. The Core account's low minimum deposit and high leverage are particularly appealing to retail traders with limited capital. The upgrade system allows clients to adjust conditions as their trading volume or experience grows.

However, the regulatory framework in Seychelles and the lack of top-tier supervision may give pause to institutional or professional traders seeking stringent oversight. The broker's offerings are most suitable for individual retail traders comfortable with higher risk and offshore regulation.

Overview compiled by FXCanary from regulatory records and public data. full TOB TRADING LTD review