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Sapphire Markets

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4.3
(3 Reviews)

Founded: 2021 Min Deposit: -

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 1

Risk Level I

Sapphire Markets is only registered with SVG FSA, but SVG FSA does not regulate forex trading; Warned by the UK FCA.

Score
Business Scope
0.0
Trading Cost
4.8
Trading Platforms
4.5
Support
5.0
Licence Status
SVG FSA 1370
Authorised
Contact
+1 205-235-2058
clientsupport@sapphiremarkets.com
https://sapphiremarkets.com/
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

Sapphire Markets Clients Migrated to Cortis FX but Still Have No Regulatory Protection 2024-10-17
Complaints about withdrawal problems at unregulated broker Sapphire Markets have gone unanswered after its clients migrated to another broker Cortis FX.
Q&A Weekly Review - What's Asked This Week? 2023-06-16
BrokersView provides "Q&A Weekly Review" from Jun 12-16, 2023 to keep traders informed about the latest regulatory status and trading details of brokers mentioned by our users.

Deposit and Withdrawal

5.3

Score

No Data
No Data

Company and Service

--

Score

Profile
Headquarters Address
First Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines VC0100
Founded 2021
Credit Profile No information
Trading Platforms
Contact
No Data
Others
Website Language
English
Customer Service By
Phone,  Email,  Live Chat
Supported Language
English

Related Complaints

Q&A Complaints

What are the relevant fees per payment method?

Ivan
Liberia
2023-06-15
ANSWER Sapphire Markets is an unregulated broker that we advise against trading with despite the seemingly attractive deals it offers.Sapphire Markets claims to be operated by Sapphire Markets LLC, a company supposedly registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). While it is true that we found corresponding records in the SVG FSA register, investors must be aware that the offshore financial watchdog has explicitly stated that it neither issues forex licenses nor regulates entities involved in such activities. As such, the financial and investment services offered by Sapphire Markets remain unsupervised by the relevant regulatory body.Regarding your question, we would suggest you avoid dealing with Sapphire Markets since it is an unregulated broker. This is a trading platform coming with significant risks such as financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, to avoid such risks, investors are encouraged to stay away from unregulated brokers like Sapphire Markets and choose fully regulated ones instead.
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Overall Score

4.3
3 Reviews

Cost 4.8

Platforms 4.5

Deposit & Withdrawal 5.3

Customer Support 5.0

Indicates the average level of Brokers

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3 Reviews Clear filter

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George Michael
0-6 months Indonesia
These guys leave me no option but to write a review, I have deposited $200 in my account through crypto and it is more than 24hrs the money has yet not credited to my account. The customer service is of no good they ask me to contact billing/payment department but more than 24hrs passed and there is no response from their end.They keep on saying your ticket is in the queue. Why have so many customers when you cannot handle them. I have used one of the fastest network for USDT deposit BEP20 so they can't even blame the blockchain.
2022-08-18
Reply
John Yartsev
Comoros
UnionPay pays money in seconds, the spread is low, and the customer service is not bad.
2022-08-01
Reply
Judith May
Bolivia
Funds are safe and reliable! The liquidity is also very strong.
2022-07-12
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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