GENERAL QUESTIONS
Sabaek for Financial Services (LLC) is a licensed Jordanian Brokerage Firm, certified by the Jordanian Securities Commission and a member of the Amman Stock Exchange (ASE) and Securities Depository Center. We specialize in efficient and accurate trading of stocks, bonds, and forex services, providing comprehensive investment solutions to our clients in both regional and international markets.
Sabaek earns its revenue from the spread, which represents the variation between the bid and ask prices. For accounts that involve commissions, Sabaek derives its income from both the spread and an additional fee applied to each trade.
ABOUT INVESTMENT AND STOCK MARKET
The available methods vary depending on the jurisdiction and location, but they typically encompass widely utilized options like wire transfers and credit cards.
- Login into your account
- Click on “Deposit funds”
- Choose the deposit method you prefer.
- Enter the amount and select the currency
- Login into your account
- Click on “withdrawal funds”
- Choose the withdrawal method you prefer.
- Enter the amount and select the currency
Having your own personal access to Sabaeks’s portal allows you to deposit and withdraw funds as well as generate a variety of trading reports for your own record keeping and analysis.
Sabaek provides its customers with the opportunity to engage in global financial markets using the Metatrader5 platform.
At Sabaek, the minimum initial deposit required to open a real trading account is $250.
The demo account remains active for a duration of 30 days. To prolong its availability, kindly get in touch with your account manager.
Demo accounts are almost the same as real accounts in how they work, including the environment, pricing, execution, and the overall experience. The only distinction is that demo accounts don’t involve actual money; instead, they use virtual funds. These accounts are helpful for learning without any real money at risk.
The time it takes to become ready for real trading varies based on your experience level and how much time you can commit. Some traders who can dedicate several hours daily might be prepared in a few weeks, while others may need up to a year to feel confident trading with real money.
Sabaek offers thousands of CFDs on Stocks, Currencies, Commodities, and Indices while constantly adding new products and markets.
Indeed, we provide swap-free accounts. These accounts do not incur swap fees when trading major and minor currency pairs, as well as precious metals. However, swap charges are applicable to exotic currency pairs, specific indices, and other products.
Sabaek offers clients flexibility in trading, allowing them to execute orders as small as 0.01 lots, which are equivalent to micro lots.
Yes, you can maintain up to 5 active trading accounts. To request a new trading account, please follow these steps:
- Sign in to your client portal by clicking here.
- Navigate to “Open an Account.”
- Choose “Live Account.”
- Select the account type, currency, and provide a reason for the additional trading account.
- Enter your client portal password and click “Submit.”
You will receive an email containing the login details for your new trading account.
Clients can open an account through two methods: by visiting our company office in person or by completing the online application on our website. In either case, clients need to submit the required documents outlined below:
For Individual Accounts:
- A copy of a valid ID or Passport.
- Completion of the Account Opening Agreement and KYC form, both of which must be signed by the customer.
- Signing of the JSC Investor Awareness form and the FATCA form, along with all related attachments.
For Corporate Accounts:
- A valid registration certificate.
- Copies of the Article of Association and Memorandum of Association.
- An updated copy of the authorized signatory’s certificate.
- Copies of the authorized person’s IDs or Passports.
- The Account Opening Agreement and KYC form must be signed by the authorized person.
- The authorized person must also sign the JSC Investor Awareness form and the FATCA form, along with all related attachments.
To effectively manage trading risk, treat trading as a business. Utilize stop-loss and take-profit orders to safeguard your investments. Stop-loss orders shield against adverse market movements, limiting potential losses at a chosen price point. Take-profit orders secure profits at predetermined levels, especially important given the market’s potential for reversals. Additionally, exercise caution with leverage, favoring lower levels to minimize exposure and risk, especially for risk-averse traders.