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Sapphire Markets is a Unauthorised Broker
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Sam
United Kingdom 2024-02-01
Related Broker:
Sapphire Markets
Regulators: SVG FSA
Claims: Fund Recovery
Amount: $5,000
Progress: Replied
BrokersView BrokersView leaves a reply
2024-09-14

Dear user,

We received the information you provided and we have investigated that CORTIS FX (https://www.c-forex.com) is an Unregulated Broker.

You may refer to https://www.brokersview.com/brokers/cortis-fx.

BrokersView Team

service@brokersview.com


Sam Replenished the Complaint
2024-09-14

BrokersView BrokersView leaves a reply
2024-07-15

Dear user,

We have not received reply from Sapphire Markets and now have conveyed your complaint to this broker again.

Could you please provide some proofs to support your complaint? including your deposit, trading records and chat history with this broker. 

If any response, we will immediately inform you.

Best regards

BrokersView Team


BrokersView BrokersView leaves a reply
2024-02-02

Dear trader


Thank you for the trust you have placed in BrokersView.

About the regulatory status of Sapphire Markets - it's important to note that this broker is registered solely with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). However, the SVG FSA does not function as a Forex regulator.

More importantly, it is not regulated in the UK, according to search results in the registry of the Financial Conduct Authority (FCA). 


While we cannot provide a guarantee for the recovery of your funds, please rest assured that our team will exhaust every possible avenue to address your concerns. We are committed to reaching out to the broker and exploring all potential solutions.

Furthermore, we strongly recommend that you report this issue to your bank or payment service provider, local law enforcement, and financial regulator. This step could provide additional avenues for resolving your issue.

As soon as we receive a response from the broker, we will promptly inform you.


Sam File a Complaint
2024-02-01

https://sapphiremarkets.com/


I put in around £3300 converted to USD around 5k.  At first everything seemed fine it was slowly making money.  So i thought i would ask to withdrawal £1k but to no avail, asked again for the whole amount and again no reply, asked for £1k again as apparently i cant take all my money out at once (told by one of the people that work there) and that was back in Feb 2023.  Not heard anything from them.  I have contacted them today via their contact page asking to withdrawal my money, so waiting for a reply.

This was my redundancy money that i worked for a company for 16 years.

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