Review summary
Trade Sphere Markets is a relatively new online trading entity, registered in the United Kingdom and operational for less than a year. According to WikiFX assessment, it holds no valid forex trading licenses from major financial authorities such as the UK's FCA, placing it in an unregulated status. This absence of formal oversight is a significant concern, as traders lack access to standard financial protections like segregated client funds and formal dispute resolution schemes. The broker offers five account types with varying entry conditions, ranging from a $100 minimum deposit for its BEGINNER account to a $100,000 requirement for its BUSINESS tier. All accounts support popular trading features, including scalping, Expert Advisors (EAs), and position locking. Notably, one account, named 'BLOCKCHAIN MINER', has a unique thematic designation, though its specific function within a traditional forex context is not detailed. WikiFX assigns the entity an exceptionally low overall score of 1.10, reflecting profound deficiencies in its regulatory and license framework, while noting a more moderate assessment for its business and software offerings. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-02)
