Forex Brokers

Sapphire Partners

1.3 (10 reviews)
🇳🇿 New Zealand
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1.3
10 reviews
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About Sapphire Partners

Sapphire Partners has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Impossible to reach anyone

O
Oliver Y.
1 months ago

The onboarding at Sapphire Partners was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Good analytical tools|Real-time alerts|Regular updates

Cons: Wait times can be long during peak hours

Swap rates are predatory

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Olivia A.
1 months ago

My withdrawal request from Sapphire Partners has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Fast execution|Good analytical tools

Cons: Limited cryptocurrency options

They blocked me after I invested

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Susan A.
3 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Sapphire Partners is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Not regulated - verified this myself

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Megan K.
5 months ago

After seeing ads for Sapphire Partners online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Not registered with regulators|Unrealistic promises

I cannot say a single positive thing

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Lisa Z.
6 months ago

I experienced a security concern with my Sapphire Partners account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Copy trading available|Full transparency|Market news feed|Excellent charting

Cons: Alert system is basic|Wish they had more educational resources

Licensed in a tax haven only

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Melody L.
6 months ago

I joined Sapphire Partners through my accountant's suggestion and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Fast support response|Low minimum deposit|High security standards|Fast deposits

Cons: Research section could be deeper|Spreads widen during volatile periods

Not worth a single penny

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Richard A.
7 months ago

I closed a profitable position at Sapphire Partners and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Fast execution|Regular platform improvements|Clear documentation|Regular updates

Cons: Limited social trading features

Minimum withdrawal amount too high

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Luke Z.
8 months ago

The hidden fees at Sapphire Partners are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Dedicated account manager|Good mobile app|Detailed reporting|Portfolio tracking tools

Cons: Email notifications too frequent|Mobile app could be improved

Platform crashes at the worst times

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Aiden O.
8 months ago

My withdrawal from Sapphire Partners was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a couple of months now of being strung along.

Pros: Clean UI|Good mobile app

Cons: Mobile app could be improved|Alert system is basic

My trust has been shattered

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Elizabeth W.
12 months ago

I wanted to transfer my portfolio from another broker to Sapphire Partners. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Easy withdrawals|Dedicated account manager|Social trading features

Cons: Wish they had more educational resources|Some tools only available on higher tiers