✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

Sagatrade Comments

 

➡️ In this section we will analyze sagatrade (also called with the name: sagatrade.io), is a broker of Forex, Cryptocurrencies and CFDs. Is Sagatrade really recommended for an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅

Now, you can find the following: opinions about Sagatrade ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2022), and the most important: Is Sagatrade ⚠️ a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.


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️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?

sagatrade mentions being part of: no data on this.

❌ Regarding your location, the company is based in United Kingdom according to the website, but there is no valid information to corroborate this, we believe that it is a false information.

❌ If we analyze your fullfilment of security requirements, we observe that Sagatrade does not have any type of regulation.

ATTENTION: Sagatrade is a broker NOT REGULATED. ⚠

📌 Remember: the best option (and the safest) are the regulated brokers, since they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

 

Account types | Investment platform

 

Now we go on to analyze the types of account it offers sagatrade, in this case, we observe that it offers 8 different types of plans. We will leave you an image with more information about each type of account:

Bronze Account: minimum initial deposit €10.000, market reviews, webinar access, social commerce.

Silver Account: minimum initial deposit €25.000, market reviews, webinar access, social commerce, VOD - advanced.

Gold Account: minimum initial deposit €50.000, Market Reviews, Webinar Access, Social Commerce, VOD - Advanced.

Platinum Account: minimum initial deposit €100.000, Market reviews, webinar access, social commerce.

Diamond Account: minimum initial deposit €250.000, Market Reviews, Webinar Access, Social Trading, VOD - Advanced, 3 Risk Free Investments, Personal Assistant, Custom Account. special offers.

Premium account: minimum initial deposit €500.000, Market Reviews, Webinar Access, Social Trading, VOD - Advanced, 3 Risk Free Investments, Personal Assistant, Custom Account. special offers, commercial specialist, exclusive market updates.

VIP account: minimum initial deposit €1.000.000, Market Reviews, Webinar Access, Social Trading, VOD - Advanced, 3 Risk Free Investments, Personal Assistant, Custom Account. special offers, trading specialist, exclusive market updates, premium educational package, premium trading system algorithm.

Islamic Account: Halal Account, Free Bets, No Interest, Market Reviews, Social Trading, Webinar Access, Spreads: Regular.

La platform to operate that Sagatrade offers is: own platform.

 

Resources | Website

 

Here we will examine the different resources and aids for the trader that sagatrade provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.

Sagatrade website
Sagatrade website

sagatrade provides the following aids or resources to traders or interested parties: a brief explanation about the services it offers, market news and analysis, frequently asked questions, not much more.

 

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Another insights about sagatrade

 

???? We will leave you something more than insights in case you want to contact the company, or see its website for yourself. ????

🌏 Website: sagatrade.io | sagatrade.net

📞 Telephone number: +44 2039665416 | +44 2039665373

📧 Email: [email protected]

Maybe you wonder why we reviewed Sagatrade. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.

You're a representative of this company? We recommend you leave a comment responding to customer concerns.

 

Valuation on sagatrade

Ending with this section, in our opinion: Do we believe that the Sagatrade company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2022 ⭐

After you have examined it, we recommend be cautious, since it is a illegal company, clearly stated for taking money from people through deception and cheating. It is very little transparent, well it does not offer legal information, do not show data about your registration and further lacks regulation (unregulated company). ❌


(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. (I.e.

ATTENTION!: in December 2021 CONSOB added Sagatrade to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to CONSOB's December 2021 warning ⚠️

ATTENTION!: in February 2022 FSMA (Belgium) added Sagatrade to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the ⚠️ February 2022 FSMA Warning

ATTENTION!: in March 2022 FMA added Sagatrade to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the FMA March 2022 warning ⚠️

ATTENTION!: in March 2022 CNMV added Sagatrade to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the CNMV March 2022 warning

ATTENTION: We have received messages from clients assuring that Sagatrade maintains a close relationship with FXORO, a broker with a lousy reputation and complaints against him, accused of scamming its users. ⛔ WE SUGGEST EXTREME CAUTION


Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?

 

 

📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻 

 

[democracy id = ”2827 ″]

 

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

16 comments on «Sagatrade: Rating and Comments»

  1. Moon Elvira Reply

    These people are doing a lot of damage they have warned many times

    cnmv.es/Portal/ResultadoBusqueda.aspx?type=1&name=SAGATRADE.IO

    • Recommended-brokers.com Reply

      Hi Luna, thanks for commenting on Sagatrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  2. Judith de Diego Reply

    They are denounced by FMA, DO NOT INVEST WITH THEM!!1

    • Recommended-brokers.com Reply

      Hi Judit de Diego, thanks for commenting on Sagatrade. This broker is a SCAM. The FMA (Austrian Financial Regulator) has already warned about them, for fraud and being unregulated (See FMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

      • Emilio

        Good morning, I invested 200 euros in this company, because they told me about a program that would work alone and would give me benefits, not much but it would grow little by little, but the result was that they left me at 0 euros and they removed me from the application for the face, on top of that they don't stop calling me to invest more money, I lost 200 euros of my savings and they washed their hands of it.

      • Recommended-brokers.com

        Hi Emilio, thanks for commenting on Sagatrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

        If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

        If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

        To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        Greetings.

  3. HOWEVER Reply

    THESE THIEVES DO NOT HAVE A LICENSE TO OPERATE EVEN IN EUROPE AND THEY CALL ME ASKING FOR MONEY THEY ARE SCAMMERS

    DO NOT SEND MONEY BECAUSE YOU WILL LOSE IT I SENT THEM MONTHS AGO AND THEY MADE ME LOSE MORE THAN 4000 EUROS

    THEY NEVER ALLOWED ME TO WITHDRAW MY MONEY, I WOULD LIKE TO KNOW WHO IS RESPONSIBLE FOR THE FXORO SCAM… I WANT MY MONEY BACK

    SCAMERS!

    AND I WILL REPEAT IT ON ALL FORUMS AND PAGES ABOUT FXORO UNTIL I GET MY MONEY BACK, THIEVES

    THEY ARE THE SAME THIEVES THAT SAGATRADE CALLED ME SOME AND THEN OTHERS... THEY KEEP SCAMING WITH ANOTHER NAME, THEY CALL YOU WITH URUGUAYAN OR ARGENTINIAN ACCENTS THEY ARE THIEVES PROFESSIONAL THIEVES THAT'S WHAT THEY ARE

    • Recommended-brokers.com Reply

      Hi DOCK, thanks for commenting on SagaTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Recommended-brokers.com Reply

      Hi EBERHARD, thanks for commenting on Segatrade. This broker is a SCAM. The FSMA (Belgian Financial Regulator) has already warned about them, for fraud and not being regulated (See FSMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

      ---

      Hi EBERHARD, thanks for commenting on Segatrade. This broker is a SCAM. The FSMA (Belgian Financial Regulator) has already warned about them, for fraud and being unregulated (See FSMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Don't do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people by investing with this company.

      Do you have names of advisors, numbers, emails from which they have contacted you? Do you remember how you came across this broker in the first place?

      To recover your money, try our chat or this link: CLAIM YOUR MONEY, WE WILL HELP YOU

      Greetings.

  4. Jaume Reply

    These people are trash, I dealt with a certain Paulo Diaz, or so he said, with an unmistakable Argentine accent. Very nice until he took off his mask, so much so that I praise him and it turns out that in the end he was a sad beggar man who makes a living by stealing money from honest working people. I do not know if there would be a way for the scammed to get together to go against them, for my part I will go to the police with the screenshots, telephones that called me, recordings ... and obviously the ip.
    This is the information, although they will tell you that they are in London:
    Information about the IP address 93.95.230.145
    IP address: 93.95.230.145
    Autonomous System Number (ASN): AS44925

    Internet Service Provider (ISP): The 1984 ehf

    [Country code] / Country: [IS] / Iceland

    Region: Capital Region
    City: Reykjavik
    Timezone: Atlantic / Reykjavik
    Postal code: 101
    Latitude (IP address): 64.1475
    Longitude (IP address): -21.9381
    They will call you with telephones of the country where you are, each time a different one. I have called all those telephones and they are from private people who rather did not understand what I was saying. For my part I have the recordings of the conversations and all the screenshots of the scam. When I told them I didn't want to continue with them, I had € 3000 and a profit spike, because then they invested it and made them lose those 3000 in a few hours, I saw it and closed the positions and the bastards reopened another position so they could say I lost more. There is no doubt that what you will see on the charts is controlled by them. Which clearly indicates to me that they would not lose it for fucking me, but that everything is a sham and they lowered it from the benefit of the webtrader that they control, they say that it was lost in the investment and if it was lost but in their pockets.
    If you don't believe me, sign up and invest with them, then tell us about it. Cheers to all. (Except for those motherfuckers ... (or jerks)

    • Recommended-brokers.com Reply

      Hi Jaume, thanks for commenting on SagaTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  5. Moises aguirre Reply

    I had a very bad experience now I don't know how to claim everything lost

    • Recommended-brokers.com Reply

      Hi Moises Aguirre, thank you for commenting on Sagatrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  6. Guillen Reply

    This company has never paid me anything I have been scammed I need help

    • Recommended-brokers.com Reply

      Hi Guillen, thanks for commenting on Sagatrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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