About SABAEK
Overview
Sabaek for Financial Services (LLC), trading as SABAEK, is a Jordanian brokerage firm established on November 2, 2023. Its registered address is at Al-Madina Al-Munawara St. Al-Haramein Intersection, Khalaf and Shtai Complex, 1st Floor, Amman, Jordan. The firm operates a website at sabaekfs.jo and maintains a presence on social media platforms including Facebook, Instagram, and LinkedIn.
Regulation and Licensing
According to its official website, Sabaek claims to be licensed by the Jordanian Securities Commission and is a member of the Amman Stock Exchange (ASE) and the Jordanian Securities Depository Center (SDC). However, independent verification of these claims has not been conducted by FXCanary, and the broker does not appear in our internal regulatory records. Traders are advised to exercise caution and independently confirm the broker's regulatory status with the relevant authorities.
Products and Services
Sabaek offers a multi-asset product suite that includes forex trading with over 60 currency pairs, CFDs on indices, precious metals, and energies, as well as equities in local and regional stock markets. The broker also provides access to Levant markets (Palestine Stock Exchange, Egypt Stock Exchange) and GCC markets (Saudi Stock Exchange, etc.). It describes its services as being distinguished by exceptional efficiency and precision, with a focus on best execution and minimal commissions.
Trading Platforms
The broker exclusively offers the MetaTrader 5 (MT5) platform, which is available as a mobile app for iOS and Android devices. The platform is marketed as providing advanced charting tools, trade signals, and fast execution for trading on the go. No other platforms, such as proprietary solutions or cTrader, are mentioned on the website.
Account Types and Funding
Detailed information on account types, minimum deposit requirements, spreads, commissions, and funding methods is not publicly available on the Sabaek website. The broker’s FAQ page states that it earns revenue from spreads and, for commission-based accounts, from additional fees per trade. Prospective clients are encouraged to contact the broker directly for specific account terms and conditions.
Target Audience
Sabaek appears to target retail traders and investors in Jordan and the broader Middle East region, particularly those interested in accessing both local stock markets and international forex and CFD markets. The broker emphasises a client-focused approach and aims to provide personalised solutions and expert advice, suggesting it is suited for beginners and experienced traders alike.
Overview compiled by FXCanary from regulatory records and public data. full SABAEK review