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No Regulation
Score
1.56 /10
Danger
PROBULLS
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.36
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
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
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Warning: Low score, please stay away!
2
Previous Detection :
2025-10-22
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Sapphire Review Summary | |
| Founded | 1994 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | Equities, derivatives, mutual funds |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Email: sapphirewealth02@gmail.com |
| Tel: +91 98310 01983 | |
| Contact form | |
| Address: 73A, Ganesh Chandra Avenue, 2nd Floor , Room No. 201, Kolkata - 13 | |
Sapphire Information
Sapphire, founded in 1994, is a brokerage registered in India. The trading instruments it provides cover equities, derivatives, and mutual funds. Besides, it also provides IPO services. However, it is not regulated, and there is not much information revealed on its website.
Pros and Cons
| Pros | Cons |
| Specialized in equities trading | No regulation |
| Various contact channels | Limited information on its official website |
| Long operational history |
Is Sapphire Legit?
Sapphire doesn't have a license, which means traders need to be more careful when trading through Sapphire.
What Can I Trade on Sapphire?
Sapphire offers traders the opportunity to trade equity, derivatives, mutual funds. It also provides IPO services.
| Tradable Instruments | Supported |
| Equities | ✔ |
| Derivatives | ✔ |
| Mutual Funds | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Indices | ❌ |
| Futures | ❌ |
| Options | ❌ |
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