Not Regulated

Score

0 1 2 3 4 5 6 7 8 9

/10

Sapphire

India | 5-10 years |

Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.sapphirewealth.com/

Website

Time Machine

Rating Index

Contact

+91 98310 01983

http://www.sapphirewealth.com/

73A, Ganesh Chandra Avenue 2nd Floor , Room No. 201 Kolkata - 13

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-05-09

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

India

Operating Period

5-10 years

Company Name

PROBULLS STOCKBROKING PRIVATE LIMTED

sapphirewealth02@gmail.com

Contact Number

+919831001983

Company Website

http://www.sapphirewealth.com/

Verified Site

Relationship Map

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About Us

Wiki Q&A

Comment

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Details

Official Website

Verified Site

sapphirewealth.com
103.117.180.2
Server Location
India
ICP Registration No.
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Sapphire

Related Companies

SAPPHIRE WEALTH MANAGEMENT SERVICES PRIVATE LIMITED(India)

Active

India

Registration No. U67120WB2008PTC123484

Est. Date 2019-01-16

Source Official Statement

Employees

SAMRENDRA TIBAREWALLA

Director

Appointment Date

2008-03-03

Status

Current Employee

SAPPHIRE WEALTH MANAGEMENT SERVICES PRIVATE LIMITED(India)

Company Profile

Review summary

Sapphire Review Summary
Founded	1994
Registered Country/Region	India
Regulation	No regulation
Market Instruments	Equities, derivatives, mutual funds
Demo Account	/
Leverage	/
Spread	/
Trading Platform	/
Minimum Deposit	/
Customer Support	Email: sapphirewealth02@gmail.com
	Tel: +91 98310 01983
	Contact form
	Address: 73A, Ganesh Chandra Avenue, 2nd Floor , Room No. 201, Kolkata - 13

Sapphire Information

Sapphire, founded in 1994, is a brokerage registered in India. The trading instruments it provides cover equities, derivatives, and mutual funds. Besides, it also provides IPO services. However, it is not regulated, and there is not much information revealed on its website.

Pros and Cons

Pros	Cons
Specialized in equities trading	No regulation
Various contact channels	Limited information on its official website
Long operational history

Is Sapphire Legit?

Sapphire doesn't have a license, which means traders need to be more careful when trading through Sapphire.

What Can I Trade on Sapphire?

Sapphire offers traders the opportunity to trade equity, derivatives, mutual funds. It also provides IPO services.

Tradable Instruments	Supported
Equities	✔
Derivatives	✔
Mutual Funds	✔
Forex	❌
Commodities	❌
Stocks	❌
Cryptocurrencies	❌
Indices	❌
Futures	❌
Options	❌

Company Profile

5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk

Wiki Q&A

Is Sapphire safe and reliable?

According to WikiFX data, Sapphire, operating as PROBULLS STOCKBROKING PRIVATE LIMITED, presents significant concerns regarding safety and reliability. The broker's overall WikiFX assessment score is 1.57, which is exceptionally low. It is classified as operating without a valid authoritative forex license and functions in what is identified as a suspicious operational region. Engaging with an unregulated entity of this nature carries a substantial level of risk, as investor funds are not protected by any regulatory compensation scheme. Independent due diligence is essential before considering any engagement.

Three days ago

United States

Is Sapphire regulated?

No, Sapphire is not regulated for forex trading. According to WikiFX data, the firm does not hold any valid licenses from recognized financial authorities. The regulatory status is clearly indicated as 'Not Regulated', confirming a complete absence of credible oversight for its trading operations.

Three days ago

United States

What is the minimum deposit of Sapphire?

Specific minimum deposit requirements for Sapphire are not publicly disclosed in the available broker specifications. This lack of transparent information can make it difficult for potential clients to assess the initial capital commitment required.

Three days ago

United States

Does Sapphire support MT4 or MT5?

Based on the current WikiFX assessment, detailed information regarding the trading platforms supported by Sapphire, including whether MetaTrader 4 (MT4) or MetaTrader 5 (MT5) are available, is not specified. The absence of this information is notable as platform support is a key factor for trader choice.

Three days ago

United States

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