Brokers  /  SapphireFX

SapphireFX

Severe risk
🇦🇺 Australia · 5-10 years · since 2018-01-16 · SAPPHIRE COMMODITIES (PTY) LTD
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Independent ratingshow third parties score this broker
WikiFX1.62/10
Trustpilot/5
Forex Peace Army/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Listed as “Clone Firm” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Withdrawal complaints in ~33% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints3012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSAPPHIRE COMMODITIES (PTY) LTD
Headquarters🇦🇺 Australia
Founded2018-01-16
Years operating5-10 years
Employees0
Official websitesapphirefx.net
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
ROBERT IMRAY, 4 SiMila STreeT, TOOWOOMBA QLD 4350

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICForex Execution License (STP)325379Australia

Review analysis AI

Across 3 recent Trustpilot reviews, 67% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong2
United Kingdom1

Real user reviews

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About SapphireFX

SapphireFX is a forex and CFD broker based in Australia, with records dating to 2018-01-16. It reports oversight from ASIC.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full SapphireFX review