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Sable Fx Global
Sable FX Global claims to be a UK-based financial firm but alleges it holds authorization from the National Futures Association (NFA) and an MSB registration with the Financial Crimes Enforcement Network (FinCEN) in the US.
The platform is relatively new, with its domain registered in May 2024, which is not a good sign. It's odd for a British company to lack UK registration but claim US regulation instead. A search of the Financial Conduct Authority (FCA) in the UK found no records to validate Sable FX Global's legitimacy. Similarly, the NFA in the US does not authorize them. The only registration we found is with FinCEN, but it's crucial to note that FinCEN clarifies this registration does not equate to government endorsement or a certificate of legitimacy, nor do they verify registrant information.
In essence, Sable Fx Global is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Sable Fx Global appears to be a scam.
Sable FX Global claims to be a UK-based financial firm but alleges it holds authorization from the National Futures Association (NFA) and an MSB registration with the Financial Crimes Enforcement Network (FinCEN) in the US. The platform is relatively new, with its domain registered in May 2024, which is not a good sign. It's odd for a British company to lack UK registration but claim US regulation instead. A search of the Financial Conduct Authority (FCA) in the UK found no records to validate Sable FX Global's legitimacy. Similarly, the NFA in the US does not authorize them. The only registration we found is with FinCEN, but it's crucial to note that FinCEN clarifies this registration does not equate to government endorsement or a certificate of legitimacy, nor do they verify registrant information.In essence, Sable Fx Global is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Sable Fx Global appears to be a scam.
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