Score

1.14 /10
Danger

SABLE

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.18

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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Broker Information

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Company Name

SABLE FX GLOBAL LIMITED

Company Abbreviation

SABLE

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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SABLE · Company summary
Broker Name Sable FX
Registered in United Kingdom
Founded in 2024
Regulation Not Regulated
Min. Deposit 0.4% of capital investment
Tradable Assets forex, commodities, stock indices, and cryptocurrencies
Demo Account Yes
Max. Leverage 400:1
Min. Spread Not specified
Trading Platform Sable Trading Platform
Deposit & Withdrawal Not specified
Customer Support Email: info@sablefx.com

What is Sable FX?

Sable FX, established in 2024 and registered in the United Kingdom, is a new entrant in the online trading industry. The broker offers access to four classes of financial instruments, including forex, commodities, stock indices, and cryptocurrencies. Sable operates its proprietary trading platform and provides a demo account for practice. The broker stands out with its low minimum deposit requirement of 0.4% of capital investment and high maximum leverage of 400:1, potentially appealing to traders seeking significant market exposure with minimal initial capital.

What is Sable FX?

Is Sablefx Legit?

Sablefx currently operates unregulated. This lack of regulatory oversight is a critical detail for potential users to consider.

Is Sablefx Legit?

Pros and Cons

On the bright side, Sable offers cryptocurrency trading and generous leverage of up to 400:1, which may appeal to experienced traders seeking high-risk opportunities. However, it comes with significant drawbacks. Sable is unregulated, which remains a huge risk. The absence of popular MetaTrader platforms and lack of tiered account options limit customization and trading tools. Customer support is restricted to email only, leading to slower response times.

Pros Cons
  • Cryptos trading allowed
  • Not regulated
  • Generous leverage up to 400:1
  • No MetaTrader platforms supported
  • No tiered and tailored accounts
  • Email support only

Market Instruments

Sablefx offers a comprehensive suite of trading options across multiple asset classes, including forex, commodities, stock indices, and cryptocurrencies. The platform supports bidirectional operations for all these products, allowing traders to capitalize on both rising and falling markets. Forex and commodity trading are available 24 hours a day, five days a week, providing ample opportunities for global market participation. Stock index trading operates on a more limited schedule of 10 hours per day, five days a week, aligning with standard market hours. Cryptocurrency trading stands out with its round-the-clock availability throughout the year.

Market Instruments

Account Types

Sable provides two account options for all traders: a live account and a demo account. The live account provides access to real market trading with a notably low entry barrier, requiring only 0.4% of capital investment. This minimal investment threshold enhances accessibility for traders with varying capital levels. The demo account offers a risk-free environment for practice, enabling users to test strategies and familiarize themselves with the platform without financial exposure.

How to register with Sablefx?

Sable provides a straightforward registration process through its FX6 mobile app or official website. Users can create an account with just an email address, followed by a simple real-name authentication.

Leverage

With a maximum leverage ratio of 400:1 available for forex, commodities, stock indices, and cryptocurrencies, the platform offers significant potential for capital amplification. This high leverage allows traders to control larger positions with a relatively small initial investment, potentially magnifying profits. However, it's important to note that while such leverage can enhance trading opportunities, it also increases risk exposure proportionally.

How to register with Sablefx?

Trading Platform

The Sable trading platform features real-time feedback and flexible order placement. It includes risk management tools such as stop-loss and take-profit functions. The interface displays clear price icons for market analysis. Available for Android, iOS, and PC, the platform is designed to be lightweight and resource-efficient.

Trading Platform

Customer Support

Sable's customer support infrastructure is notably limited, relying solely on email communication through info@sablefx.com. This single-channel approach for addressing trading problems and issues may lead to delays in response times and resolution of urgent matters. The lack of alternative contact methods, such as phone support or live chat, could be a significant drawback for traders requiring immediate assistance during critical market moments.

Conclusion

In conclusion, Sable appeals to experienced, high-risk traders seeking cryptocurrency options and high leverage. However, its lack of regulation, limited platforms, and minimal support make it unsuitable for beginner.. Advanced traders comfortable with risk might find value, but it's not recommended for novices, risk-averse individuals, or those needing robust support.

FAQs

Is Sable legit?

No, Sable does not operate legally.

Does Sable offer a social trading feature?

No, Sable does not offer social trading solutions.

Is Sable suitable for beginners?

No, Sable is definitely not a solid choice for beginners, as it is unregulated and does not support MetaTrader platforms.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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FX1443287169
0-3months
I deposited $9,000 overall in first two months, able to withdraw twice to test withdraw capability. After my account balance profit/reach to $27k, multiple attempts to withdraw any amount with no success. I continue to trade XAUUSD and my account balance is now $62k but still not able to withdraw any fund from it. Not sure what to do now. Anyone has account here or experience similar issue like me here?
I deposited $9,000 overall in first two months, able to withdraw twice to test withdraw capability. After my account balance profit/reach to $27k, multiple attempts to withdraw any amount with no success. I continue to trade XAUUSD and my account balance is now $62k but still not able to withdraw any fund from it. Not sure what to do now. Anyone has account here or experience similar issue like me here?
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2024-09-28 11:10
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