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Sable Fx Global

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Operating status: SCAM

Website: https://sablefx.com; https://www.sableltd.cc/h5/#

Broker violations and abnormal records
  • 2024-11-03 BrokersView has reviewed that Sable Fx Global is an unregulated broker

    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.

Related Complaints

Q&A Complaints

Sable Fx Global is a scam or not?

sayhitoyou
Finland
2024-11-05
ANSWER Dear Investor,We are concerned that Sable Fx Global is a scam. There are two warning signs to watch out for.Firstly, the domain name of Sable Fx Global was registered less than six months ago, raising doubts about its credibility. It is common for investors to be wary of newly established trading platforms.Secondly, for an allegedly UK-based financial firm, Sable Fx Global is not registered with the Financial Conduct Authority (FCA). Instead, the entity claims to be authorized by the US National Futures Association (NFA), with a purported MSB registration with the Financial Crimes Enforcement Network (FinCEN). Our research indicates that the NFA assertion is unfounded. As for the MSB registration, it does not signify the agency endorses the registrant's legitimacy.Therefore, Sable Fx Global can be considered a scam due to its unlicensed status. For a safer trading environment, it is recommended to choose fully regulated brokers over unregulated ones like Sable Fx Global.
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Is Sable Fx Global a scam or not?

Chris Jang
Kenya
2024-11-24
ANSWER Dear Investor, Thank you for reaching out to us. Sable Fx Global is not a legitimate broker, and we strongly suggest you avoid using it. We have marked Sable Fx Global as a scam. This is a fraudulent trading platform lacking transparency and the required authorization. They misrepresent their legal status and regulatory compliance to fool the public. It is imperative to thoroughly research your target broker before risking any real money, rather than accepting their claims at face value. BrokersView consistently updates reviews about brokers to help investors make informed investment decisions. Should you have any further requirements or need assistance, do not hesitate to contact us.
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2 comments

Former FX Trader
Definitely a scam broker. Save yourself the devastating loss I suffered after 6 months of efficient trading. They built up my confidence in them only to pull a ransom to unfreeze your account scam when my balances hit 7 figures. . A month later they illegally seized my account. Save yourself from the devastating loss I have suffered from these slick criminals but staying far, far away from these thugs.
2025-02-07
1
Reply
DMSK71
Good morning, If you think it is normal for your PC's antivirus to block the SABLE FX GLOBAL customer service contact page, then I am ready to discuss it...
2024-11-22
Reply
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