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Score
Regulatory Index0.00
Business Index6.70
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
SabTradings
Company Abbreviation
SABT
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Since SABTs official website is temporarily down at the moment, we could only piece together this brokerage firm by gathering relevant information from other websites.
General Information
SABT seems to be a forex broker registered in the United Kingdom, with its operation time of approximately between 2 and 5 years. Since this brokers official website cannot be opened at this moment, we could only get minimal information.
Concerning regulatory information, it has been verified that this broker is under no valid regulation, and it got a quite low score of 1.32/10 on the WikiFX website. Please be aware of the risk involved.
Account Types
SABT offers a total of five trading accounts for investors to choose from, namely Mini account, Normal Account, Golden Account, Platinum Account, VIP Account. These five types of accounts are actually categorized by the minimum initial deposit. To open a Mini account, the most basic one, you need to fund at least 1,875 (around $500), which is much higher than many forex brokers requirements. The Mini account or the Micro account, offered by most regulated forex broker only ask for an initial capital requirement of $10, or $5.
Leverage
Leverage information is not mentioned. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Customer Support
As for the last part, customer support, SABT does not perform that well either. Traders with any inquiries or trading-related issues can only get in touch with this brokerage firm through Telephone: +44 2038680932.
Email support, or online communication is not available with this broker.
Risk Warning
Forex trading and leveraged trading carry a certain level of risks, and it is not suitable for everyone.
Please note that the information contained in this article is only for general information purposes only.
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