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SagaTrade

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Operating status: SCAM

Website: https://sagatrade.top/

Broker violations and abnormal records
  • 2022-03-16 The Austria FMA Added SagaTrade into Its Warnings

    On 17 March 2022, the Austrian Financial Market Authority (FMA) issued a warning that SagaTrade is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/sagatrade/

    On 17 March 2022, the Austrian Financial Market Authority (FMA) issued a warning that SagaTrade is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/sagatrade/
  • 2022-07-24 BrokersView has Reviwed that SagaTrade is an Unregulated Forex Broker

    SagaTrade claims to be a trustworthy broker without presenting a forex license. And it also claims it is in the process of obtaining proper regulation for our services. In another word, SagaTrade is not authorized to provide forex financial services now. 

    Moreover, the Austrian Financial Market Authority (FMA) issued a warning that SagaTrade is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. 

    The truth is that SagaTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

    SagaTrade claims to be a trustworthy broker without presenting a forex license. And it also claims it is in the process of obtaining proper regulation for our services. In another word, SagaTrade is not authorized to provide forex financial services now. Moreover, the Austrian Financial Market Authority (FMA) issued a warning that SagaTrade is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. The truth is that SagaTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-10-20 The Ontario OSC Added SagaTrade into Its Warnings

    On 21 Oct 2022, the Ontario Securities Commission issued a warning that SagaTrade was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/sagatrade


    On 21 Oct 2022, the Ontario Securities Commission issued a warning that SagaTrade was not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/sagatrade
  • 2022-10-20 BrokersView has Found that SagaTrade is Using a New Domain

    BrokersView has found that SagaTrade is using a new domain, https://sagatrade.top/, to scam.


    BrokersView has found that SagaTrade is using a new domain, https://sagatrade.top/, to scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.