SABT broker Accounts

sabt Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: sabt Account Types Explained

SABT offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available through SABT.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, faster execution speeds.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, lower trading costs.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law, no interest charges.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment, practice strategies.
• Target User Profile: All levels, especially beginners.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Part 2: sabt Account Features Comparison

Detailed sabt Account Features

Advantages of Each Account Type

• Standard Account: Easy to use, ideal for beginners.
• ECN Account: Lower spreads, direct market access.
• Pro Account: Cost-effective for high-volume traders, advanced tools.
• Islamic Account: Complies with religious beliefs, no interest.
• Demo Account: Risk-free environment to practice trading.

Disadvantages of Each Account Type

• Standard Account: Higher spreads compared to ECN.
• ECN Account: Requires higher minimum deposit.
• Pro Account: Higher minimum deposit and commission.
• Islamic Account: Limited to specific trading conditions.
• Demo Account: No real profits, limited duration.

Part 3: sabt Account Registration Requirements

sabt Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under sanctions or restrictions may not be eligible.

Identity Verification Documents Needed:

• Proof of Identity: Government-issued ID (passport, national ID).
• Proof of Residence: Recent utility bill or bank statement with your name and address.

Additional Documentation for Professional Accounts:

• Professional Account Verification: Additional financial documents may be required.

KYC/AML Compliance Procedures

• SABT adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Part 4: sabt Account Opening Process

Step-by-Step sabt Account Opening Guide

1. Visit Website and Click Registration: Go to the SABT official website and select the account opening option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once funded, you can begin trading on the platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though mobile may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure all documents are clear and legible.
• Issue: Delay in verification.
• Solution: Contact customer support for updates.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Account type changes can be requested through the customer support portal, subject to the minimum deposit requirements of the new account type.

Part 5: sabt Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, risk-free environment, and practice trading strategies.
• Benefits: Allows traders to familiarize themselves with the platform without financial risk.

How to Open a Demo Account

• Visit the SABT website and select the demo account option, then follow the registration steps similar to a live account.

Demo Account Limitations

• Limitations: Virtual funds may not reflect real market conditions, and the account may expire after a set period.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo Account: No real money involved, limited duration.
• Live Account: Real trading environment with actual funds.

Duration/Expiry of Demo Accounts

• Demo accounts usually last for 30 days, after which they may need to be renewed.

Part 6: sabt Islamic Account Details

sabt Islamic Account Details

• Swap-free/Islamic Account Availability: Yes, SABT offers Islamic accounts.
• Eligibility Requirements: Must be a practicing Muslim.
• Differences from Standard Accounts: No swap fees are charged.
• How to Apply for Islamic Account: Select the Islamic account option during registration.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles.

FAQs – sabt Account Types & Opening

1. What account types does sabt offer？

• SABT offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.

1. How long does sabt account verification take？

• Account verification typically takes 1-3 business days.

1. Does sabt offer demo accounts？

• Yes, SABT offers demo accounts for practice trading.

1. Can I have multiple account types with sabt？

• Yes, traders can have multiple account types, subject to minimum deposit requirements.

1. Does sabt offer Islamic/swap-free accounts？

• Yes, SABT provides Islamic accounts that comply with Sharia law.

1. What documents do I need to open a sabt account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.