✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company Sapphire Markets is a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...
Below we will show you essential information about Sapphire Markets and we will tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | sapphiremarkets.com |
| 🏠 Company | Sapphire Markets LLC |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Continental | Own platform |
| 📌 Address | Lighthouse Trust Nevis Ltd Suite 1, AL Evelyn Ltd Building, Charlestown, Nevis |
| 🕑 Website age | Website registered on: May 25, 2021 |
| ❓ Company type | Forex Broker, Metals, Indices, Cryptocurrencies and Raw Materials |
Company: Sapphire Markets is owned by Sapphire Markets LLC.
Location: Sapphire Markets mention being located in Saint Kitts and Nives, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.
We can already tell you that we are concerned about several characteristics of this company.
What is Sapphire Markets?
After having carried out an analysis of the company's website, we can say that Sapphire Markets is a: cryptocurrency, cfds, forex and commodities broker.
Account types
The company does not provide information about having different types of accounts.
Information on the web
Here we show you a screenshot of the Sapphire Markets website, which is sapphiremarkets.com. The capture was made in DECEMBER 2023.
Contact: phone numbers and email
After having performed an analysis of the website:
– We have found the following telephone number: 00 44 1234 234893
– We have found the following email: [email protected]
Regulation of Sapphire Markets
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 Sapphire Markets Final Valuation 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Sapphire Markets and we have reached the following conclusions about this company:
Location: They mention being located in a VERY UNSAFE location such as Saint Kitts and Nevis.
Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.
Please remember that the company has been reported by different financial regulators (in this case the FCA, the UK regulator). Use EXTREME CAUTION.
The detailed review of Sapphire Markets reveals a number of worrying aspects that investors should seriously consider. The location in Saint Kitts and Nevis, a tax haven known for its lack of strict regulation, raises significant questions about the transparency and financial security of this broker. The absence of reliable and verifiable information further exacerbates these concerns.
Lack of regulation is a major risk as it leaves investors without necessary safeguards. The overall poor reputation and the complaint from the British financial regulator FCA are additional warning signs that Sapphire Markets does not meet the ethical and legal standards required in the industry.
In short, we strongly recommend investors avoid Sapphire Markets. The safety of your investments and the protection of your funds are of utmost importance, and opting for a safer and more regulated broker is essential to minimize the associated risks.
Updates
Sapphire Markets News:
| Date | Update – news |
|---|---|
| November 2023 | Complaint against Sapphire Markets financial regulator FCA |
Add this text only if it applies to the company: We note that the company already has complaints from financial regulators. Please be very careful!
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Sapphire Markets.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Sapphire Markets
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Sapphire Markets
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
Are there (recommended) alternatives to Sapphire Markets?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report Sapphire Markets?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Sapphire Markets trustworthy?
No, Sapphire Markets is not a reliable option for investing. The location in a tax haven, the lack of regulation, the general poor reputation and the complaint from the British financial regulator FCA indicate substantial risks. We strongly recommend that investors avoid Sapphire Markets and look for safer and more regulated alternatives in the financial market. The security of your investment is our top priority.
How to get money back from Sapphire Markets?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
I've heard good things about them, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hi Dylan, thanks for writing about Sapphire Markets. Currently this broker is considered a SCAM.
If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.
If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY
Greetings.