✔️ Information reviewed and updated in April 2024 by Eduardo López
⭐ Opinions and information about the SagaTrade broker ⭐
¿Is the SagaTrade broker (also known as sagatrade.io – sagatrade.net) really reliable? ✅ Is it safe for you to invest your money with this company? ❎ Is SagaTrade trustworthy? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. Let's start with the analysis:
✔️ What is SagaTrade? SagaTrade is a broker of: Forex, CFDs and Cryptocurrencies.
✔️ The broker mentions be part of: not mentioned.
✔️ Where is it based? SagaTrade is based in: it mentions being located in the United Kingdom but we believe this is false.
✔️Is it a regulated broker? If we talk about regulation, the SagaTrade broker does not mention being regulated.
❌ Actual location of company offices? We don't know yet, we appreciate someone (brave) giving us this information.
❌ Names of the actual owners? Still unknown, we appreciate any information.
We will continue to analyze the different account types that SagaTrade offers. In the case of SagaTrade we notice that it has 8 types of account: Bronze Account, Silver Account, Gold Account, Platinum Account, Diamond Account, Premium Account, VIP Account and Islamic Account.
🔹 Bronze account: €10,000 deposit, Market Reviews, Webinar Access, Social Trading.
🔹 Silver account: €25,000 deposit, Market Reviews, Webinar Access, Social Trading, VOD: Advanced.
🔹 Gold Account: €50,000 deposit, Market Reviews, Webinar Access, Social Trading, VOD: Advanced, 1 Risk-Free Investment, Personal Assistant.
🔹 Platinum account: €100,000 deposit, Market Reviews, Webinar Access, Social Trading, VOD: Advanced, 3 Risk-Free Investments, Personal Assistant, Personalized Account, Investment Room Access.
🔹 Diamond Account: €250,000 deposit, Market Reviews, Webinar Access, Social Trading, VOD: Advanced, 3 Risk-Free Investments, Personal Assistant, Personalized Account. special offers, trading specialist, exclusive market updates.
🔹 Premium account: €500,000 deposit, Market reviews, webinar access, social trading, VOD: advanced, 3 risk-free investments, personal assistant, personalized account. special offers, trading specialist, exclusive market updates, premium educational package, premium trading system algorithm, full account summary, dedicated account genius.
🔹 VIP account: €1,000,000 deposit, Market reviews, webinar access, social trading, VOD: advanced, 3 risk-free investments, personal assistant, personalized account. special offers, trading specialist, exclusive market updates, premium educational package, premium trading system algorithm, dedicated account specialist, full account summary, custom platforms, exclusive assets, premium account manager.
🔹 Islamic Account: Halal Account, Betting Free, Interest Free, Market Reviews, Social Trading, Webinar Access, Spreads: Fair.
Is your broker giving you problems?
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🔸 The platform used to operate is: MetaTrader4, MetaTrader5, WebTrader and Mobile Trading.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that SagaTrade offers, explanation of basic concepts in the world of investments, economic calendar, alerts, guides, really not much more.
SagaTrade Features
More information about the company
🔸 Phone number: (Trading) +44 2039665416 | (Support) +44 2039665373
🔸 E-mail: [email protected]
🔸 Website: sagatrade.io | sagatrade.net
🔸 Bonuses, promotions, offers: The company offers the following promotions: Invite a friend, welcome bonus, first deposit bonus, loyalty program, affiliate program.
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ SagaTrade Rating ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.
☑️ Why? Is a broker no regulation and further we doubt the veracity of its location, on the other hand, when looking for information and other evaluations about SagaTrade find a lot of negative reviews and complaints, overall negative feedback.
(I.e. Is SagaTrade safe? How reliable is SagaTrade? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read comments about SagaTrade.
❗ October 2021 update: FCA, UK financial regulator, has reported SagaTrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official FCA website.
❗ Update November 2021: FMA, New Zealand Financial Regulator, has reported SagaTrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of FMA.
❗ December 2021 update: CONSOB, Italian financial regulator, has reported SagaTrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official CONSOB website.
❗ February 2022 update: FSMA, Belgian financial regulator, has reported SagaTrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official FSMA website.
❗ March 2022 update: FMA, Austrian financial regulator, has reported SagaTrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of FMA.
❗ March 2022 update: CNMV, Spanish financial regulator, has reported SagaTrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of the CNMV.
❗ Attention: SagaTrade is linked to FxGold, both brokers with very bad reputations and numerous warnings. We suggest extreme caution.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
Are you part of SagaTrade? Are you a representative or worker of the company? Write to us at >> use this form <<
👇 User and trader score 👇
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
Hello DOCK, this broker called SagaTrade is a SCAM, many investors have denounced SagaTrade for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
Danger you will be robbed (sagetrade .io)
These people are trash, I dealt with a certain Paulo Diaz, or so he said, with an unmistakable Argentine accent. Very kind until he took off his mask, so much so that he praised him and it turns out that in the end he was a sad beggar man who makes a living stealing money from honest working people. I don't know if there would be a way for the scammed people to get together to go against them, for my part I will go to the police with the screenshots, phone numbers that called me, recordings... and the IP obviously.
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: Reykjavík
Time zone: Atlantic / Reykjavik
Code: 101
Latitude (IP address): 64.1475
Length (IP address): -21.9381
They will call you with phones from the country where you are, each time a different one. I have called all of those numbers and they belong to private people who did not understand what I was telling them. For my part, I have the recordings of the conversations and all the screenshots of the scam. When I told them that I didn't want to continue with them, I had €3000 or so in profits, because later they invested it and lost those 3000 in a few hours, I saw it and closed the positions and the very (the male goat in plural) (trustpilot censors me if I say insults) they opened another position again so they could say I lost more. There is no doubt that what you will see in the graphics is controlled by them. Which clearly indicates to me that they would not lose it for screwing with me, but that everything is a farce and they reduced it from the profit of the webtrader that they control, they say that it was lost in the investment and yes 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)
Translated with google
Danger they will steal you (sagetrade .io)
These people are trash, I dealt with a certain Paulo Diaz, or so he used to say, with an unmistakable Argentine accent. He was very kind until he took off his mask, so much so that he praises him and it turns out that in the end he was a sad beggar man who makes a living 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, I for my part 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
Postcode: 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 that I did not want to continue with them, I had €3,000 or so in profits, because later they invested it and made them lose those 3,000 in a few hours, I saw it and closed the positions and the very ( the male of the goat in plural) (is that trustpilot censors me if I say insults) they reopened another position so they could say that 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 all. (Except for those motherfuckers… (or jerks)
Hi Jaume, this broker called SagaTrade is a SCAM, many investors have denounced SagaTrade for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
I CANNOT WITHDRAW. THEY DO NOT ANSWER MY MESSAGES OR THE PHONE, I HAVE NOT RECEIVED ANYTHING FOR MY INVESTMENT
Hello Isa2021, this broker called SagaTrade is a SCAM, many investors have denounced SagaTrade for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.