SABT

SABT operates under the domain alsabt.ae and was founded on 15 March 2023. According to internal records, the company is registered in France, though its website domain suggests a UAE association. Public information about the company’s background and operations is very limited, making it difficult to verify its corporate structure or physical presence.

Our records indicate that SABT does not hold any known regulatory licences from recognised financial authorities such as the AMF in France or any other major regulator. This lack of oversight means there is no formal mechanism for client dispute resolution or compensation in case of misconduct. Traders should be aware that operating with an unregulated broker carries significant risk, including potential loss of funds without legal recourse.

SABT offers five account tiers with minimum deposits denominated in Saudi Riyals (SAR). The Mini Account requires 1,875 SAR, followed by the Normal Account at 3,750 SAR, the Gold Account at 18,750 SAR, and the Platinum Account at 37,500 SAR. The VIP Account demands the highest minimum deposit of 500,000 SAR. Notably, no maximum leverage figures are provided for any account type, leaving traders uncertain about the level of risk they might be exposed to. This lack of transparency complicates the account selection process.

There is no publicly available information regarding the trading instruments SABT offers, such as forex pairs, commodities, indices, or cryptocurrencies. Similarly, details about the trading platform (e.g., MetaTrader 4 or 5, cTrader, or a proprietary solution) are missing. Deposit and withdrawal methods are also undocumented, making it impossible for potential clients to assess the practicalities of funding and accessing their funds. This severe information gap is a major concern for any trader.

Based on the account structure, SABT appears to target a diverse range of clients, from small retail traders to high-net-worth individuals. The use of Saudi Riyal denominations suggests a focus on clients from the Middle East, particularly Saudi Arabia. However, the lack of regulatory approval and operational transparency means that only traders comfortable with high risk and minimal oversight would consider this broker.

SABT presents itself as a multi-tier trading provider, but its operations are shrouded in opacity. The absence of regulatory licences, combined with incomplete information on key trading parameters, makes it a high-risk choice. Traders should approach SABT with extreme caution and ensure they understand the potential consequences of trading with an unregulated entity.