Sagemaster has been flagged by Commission de Surveillance du Secteur Financier for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". The company specifically targets a young audience, notably through promotional campaigns on social media, by promising the possibility of earning money easily and quickly using AI-based solutions. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Customer support at Sagemaster seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Educational resources|Wide product range|Customizable dashboard
Cons: Search feature is basic|Nothing significant
I opened an account with Sagemaster for over three years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Quick verification|Customizable dashboard|Regular platform improvements|Copy trading available
Cons: No fractional shares
My card was charged twice by Sagemaster on the same day. I had to dispute it with my bank. Sagemaster then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: High security standards|Good analytical tools
Cons: Minor UI glitches occasionally|No dark mode on mobile