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