Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Sapphire Markets

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.sapphiremarkets.com

Website

Rating Index

Contact

+1 205-235-2058
clientsupport@sapphiremarkets.com
https://www.sapphiremarkets.com
First Floor, First St Vincent Bank Ltd Building James Street, Kingstown ST. VINCENT AND THE GRENADINES

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+1 205-235-2058

English

+44 1234 234893

English

+61 8 7081 1560

Broker Information

More

Company Name

Sapphire Markets LLC

Company Abbreviation

Sapphire Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed Sapphire Markets also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FBS

8.75
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

CPT Markets

8.20
Score
5-10 yearsRegulated in United KingdomMarket Making(MM)MT4/5 full license
Official website

AUS GLOBAL

7.54
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website
Pyramid scheme complaint
Expose

Sapphire Markets · Company Summary

General Information

Registered in Saint Vincent and the Grenadines, Sapphire Markets is an offshore forex broker established in 2021, offering its clients a series of trading instruments, such as Foreign Exchange, Commodities, and more. Sapphire Markets claims traders can enjoy competitive spreads through the advanced MT5 trading platform, leverage up to 1:500.

However, please note that Sapphire Markets is not subject to any regulation currently. Although this alone does not necessarily mean it is a scam, investors are advised to take extra vigilance and be aware of the risk involved when dealing with this broker.

image.png

Market Instruments

With Sapphire Markets, traders can get access to a bulk of trading instruments across five classes. Foreign Exchange, Metals, Indices, Commodities, Cryptocurrency are all available with this brokerage platform.

Market

Account Types

Sapphire Markets says it offers three distinct trading accounts to suit different traders trading needs: Standard, Raw Spread, and Prime accounts. While additional account features, even the minimum initial deposit requirement for each account, are not disclosed.

Account

How to get started?

To start trading with Sapphire Markets, traders need follow these three steps:

1. Sign up for a Sapphire Markets trading account.

2. Sapphire Markets will verify your uploaded information before activating your account through a series of security questions.

3. Then you can fund your Sapphire Markets account and start trading on this platform.

Leverage

The maximum trading leverage offered by Sapphire Markets is up to 1:500, which is considered high. Since this broker is an offshore brokerage with no restriction on leverage, it tries to use high leverage to attract newcomers.

Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use high lever in case of heavy fund losses.

Spreads & Commissions

Spreads and commissions are determined by trading accounts. With the Standard account, you dont have to pay any commission, accompanied with wider spreads. The Raw Spread account offers competitive spreads as low as 0.0 pips.

Trading Platform

In terms of trading platforms available, Sapphire Markets claims it offers access to the leading MT5 trading platform, which can be accessed on Desktop, Android, and IOS terminals.

With MT5, traders can trade forex, commodities, stocks indices, and cryptocurrencies, and this platform allows you to manage all the different markets together in one go.

MT5 forecast the price dynamics of financial instruments and offers more than 80 technical indicators for advanced analysis.

Trading

Customer Support

Sapphire Markets offers multiple contact channels for traders to get in touch with them in the event that something goes wrong or they have any inquiries:

Email: customersupport@sapphiremarkets.com

Telephone

+1205-235-2058 (USA)

+441234 234893 (UK)

+618 7081 1560 (AUD)

+233 55 252 4562 (GH)

Opening hour for telephone support available on 9:00 a.m. to 5:00 p.m. (UK).

Please note that the information contained in the Introduction is for general information purposes only.

News

“Sapphire Markets doesn't allow you to withdraw”~User Complaint

Exposure“Sapphire Markets doesn't allow you to withdraw”~User Complaint

2023-09-13 15:18

"This broker doesn't allow you to withdraw". These are the words of a victim who complained against Sapphire Markets on September 11, 2023, on WIKIFX.

WikiFX
2023-09-13 15:18
Exposure
“Sapphire Markets doesn't allow you to withdraw”~User Complaint

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

3

Comments

Write a review

FX1449373593
more than one year
Initially attracted to Sapphire Markets for their extensive trading products and patient customer service,I felt confident that I had chosen a reliable broker to work with. However, over time, I began to experience more and more technical difficulties with my account. I found that I was frequently unable to log in, which caused me to miss out on potential trading opportunities. Despite reaching out to their customer support team for assistance, I was never given a satisfactory explanation.
2023-03-28 09:16
Reply
0
0
林骁谞lín xiāo xù
more than one year
Good broker. From my personal experience, it's an excellent company, with classy services and you can trust them. If you want to work in the forex market with peace of mind, I recommend this company.
2023-02-24 15:05
Reply
0
0
阿科
more than one year
The personalized support I got was amazing, kind and professional. Thanks, Sapphire Markets :) and thanks to the support staff for your patience and understanding.
2022-12-19 15:03
Reply
0
0
1
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com