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Is the new platform Sabaek unregulated? Pay attention to early warning!
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IntroductionFTIreminds investment enthusiasts that when it comes to emerging foreign exchange platforms, it is c ...
FTIreminds investment enthusiasts that when it comes to emerging foreign exchange platforms,Latest exchange rate of US dollar to RMB it is crucial to choose a platform that is subject to reliable regulatory oversight. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.
Before choosing a new foreign exchange platform for investment, it is necessary to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience.


Recently, a new foreign exchange platform called Sabaek has attracted the attention of FTI. The platform was founded in 2020 and has a global active index of 5497. Some users have reported that this (new) platform has just been established and has started promoting high-yield foreign exchange wealth management. I don't know if it is reliable or not.
Introduction to Sabaek's official website:

Sabaek for Financial Services (LLC) is a Jordanian brokerage company licensed by the Jordanian Securities Commission and a member of the Amman Stock Exchange (ASE) and the Jordanian Securities Depository Center (SDC)
Our core expertise lies in local and global stock and bond trading, and we are firmly committed to achieving optimal execution for our clients. Our services are renowned for their excellent efficiency and accuracy.
As part of our comprehensive strategy to provide complete investment solutions, we provide comprehensive foreign exchange trading services to our esteemed clients. This includes a diverse portfolio of trading opportunities, such as currency pair indices, precious metals, energy, and price difference contracts. This commitment emphasizes our determination to provide clients with a complete set of investment options in the foreign exchange market
We adopt a customer-centric approach and are committed to building lasting relationships with customers, providing customized solutions and expert guidance to cope with the complex financial market. As your trusted partner through Sabaek forFinancialServices, you can confidently plan your financial success path.
Sabaek, Displays regulatory information for one company in FTI. Currently, there is one JSC in Jordan under supervision, with a regulatory status of unregulated. Without a foreign exchange license, foreign exchange margin trading cannot be conducted, and the safety of investors' funds is not guaranteed.

FTI Risk Reminder: 1 monitoring warning on the Phyntex foreign exchange platform. Pay attention to early warning!

Phyntex, FTI scores 0.82, investors are advised to stay away!

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