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Sanabil Capital Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.sanabilca..., the company's legitimate regulatory information SeychellesFSARetail Forex License to enhance the security of the company's address Seychelles ,IMAD Complex, Office 1, 3rd floor, Ile Du Port

Sanabil Capital Forex Broker

Basic Information

Registered Region
Seychelles
Operating Period
--
Company Name
Sanabil Capital
Abbreviation
Sanabil Capital
Company employee
--
Customer Service Email Address
info@sanabilcapital.com
Contact Number
+2484325584
Company address
Seychelles ,IMAD Complex, Office 1, 3rd floor, Ile Du Port
Keywords
1-2 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated

Company profile

Sanabil Capital Information Sanabil Capital is a brokerage company registered in the Seychelles and offers financial trading to global clients except for those come from United States, Belgium, Canada, and Singapore. Their products include forex, commodities, indices and stocks. The company offers demo account for practicing and the popular MT4 and MT5 trading platform for superior trading experience. Its tiered accounts cover the needs of a wide range of customer groups with different capital and experience levels. Moreover, The company features its own physical “Sanabil Capital Prepaid Card” which can be used for payment. However, it should not be neglected that the broker currently operates without regulation from any authorities, degrading its credibility and reliability.Pros and Cons ProsCons Demo accountsOffshore regulated Tiered accountsDo not serve clients in some countries Affordable minimum depositInvalid MT4/5 trading platform Innovative sanabil capital prepaid cardLimited payment methods Fund segregationIs Sanabil Capital Legit? Sanabil Capital is currently offshore regulated by FSA (The Seychelles Financial Services Authority) with license no.SD173. Offshore regulation usually does not guarantee full scope of supervision and resolve of diputes. Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberStatus FSA (The Seychelles Financial Services Authority)SANABIL CAPITAL LTDRetail Forex LicenseSD173Offshore regulatedWhat Can I Trade on Sanabil Capital? Sanabil Capital claims to offer over 100 assets for trading, these include forex, indices, commodities and stocks. For forex, investors usually make profit or loss through price fluctuations of different currency pairs such as EURUSD, GBPJPY, GBPEUR, etc. While popular commidties are engery products like Brent Crude, WTI or precious metals such as gold and silver. Indices allow traders to invest in many top companies without choosing individual stocks and traders can own fractional shares of global stocks such as Meta, Apple, Alibaba, etc. One of the key principles of investing is never putting all eggs in one basket. Scatter your funds into several products to dilute risks and potential losses. Tradable InstrumentsSupported Forex✔ Commodities✔ Indices✔ Cryptocurrencies❌ Shares✔ ETFs❌ Bonds❌ Mutual Funds❌Account Type (Minimum Deposit/Leverage/Spreads & Commissions) Except for a demo account which enable traders to get familiar to the platform first in risk-free environment, Sanabil Capital also offers 3 tiered live accounts. Standard Account: This accountis suitable for beginners who have just started their journey and do not have much initial capital.Premium Account: More experienced traders seeking enhanced features and competitive spreads can choose this account.Platinum Account: Seasoned traders and high-volume investors who requires superior trading conditions with tighter spreads will prefer this account which claims personalized customer support and exclusive perks. Acount TypeMin DepositMin OrderMax LeverageSpreadCommission Standard$1000.01 lotUp to 1:500Variable$0 Premium$1,000From 0.6 pipsNot specified Platinum$5,000From 0.02 pipsNot specifiedTrading Platform Sanabil Capital claims to offer the powerful and versatile MT4 and MT5 trading platforms. MT5 is the upgraded version of MT4, both platforms are renowned for their user-friendly intuitive interface, robut performance advanced analysis tools and flexible customization. You can reach both platform on web, PC and mobile devices. But strangely, the download links of these two platforms on Sanabil website led to erro page. Seek clarification from the broker before stepping into real trading. Except for the well-recognized MT4 and MT5 platforms, the broker also offers a proprietary Sanabil Capital moble App that can be downloaded from both iOS and Android devices.Sanabil Capital Prepaid Card Sanabil Capital distinguishes itself with a 3-year validity physical “Sanabil Capital Prepaid Card” which enables traders to fund their accounts, conduct trades, transfer funds and withdraw from their Sanabil wallet or an ATM machine. You can also make online payments or purchases via the card.Deposit & Withdrawal Sanabil Capital offers two payment methods: wire tranfer via bank card and coinsbuy via cryptocurrency.Customer Support Options If you want any help or support from Sanabil Capital, you can reach them through phone, email, social media, or visit them in person in their Seychelles office. In addition to the above, you can also submit a contact ticket on their website and wait for callback or email from a representative. Their customer support is available from 10:00 AM to 10:00 PM (GMT+4), Monday to Friday. Contact OptionsDetails Phone+2484325584 Emailinfo@sanabilcapital.com support@sanabilcapital.com Support Ticket System✔ Online Chat❌ Social Media✔ Supported LanguageEnglish Website LanguageEnglish Registered AddressB11, First Floor, Providence Complex, Providence, Mahe, Seychelles Physical AddressNo. 20, Abis Centre Providence, Mahe, SeychellesThe Bottom Line Though the company is offshore regulated, it's still not a bad choice for clients in general perspective. The company implements fund segregation, seperating client funds from their operation account even when there's insolvency. Other measures such as risk control, data encryption and partnership with reputable banks further enhance customer protection. You can start with a demo account with the broker first. But bear in mind, it's never too careful to be prudent with any investment activities.FAQs Is Sanabil Capital safe? Though the broker is offshore regulated so far, it's still relatively safe due to its protection measures such as data encryption, fund segregation, risk control and partnership with reputable banks. Is Sanabil Capital good for beginners? Yes, the company offers demo account for practicing and affordable minimum capital from $100 for beginners. What trading platform does Sanabil Capital have? Sanabil Capital offers MT4/MT5 and its own Sanabil Capital Mobile App for trading. But be reminded that the MT4/MT5 download links on its website are currently not accessible. Are there any regional restrictions on Sanabil Capital services? Yes, the broker does not provide services to residents of the United States, Belgium, Canada, and Singapore.Risk Warning Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

Rating Index

Standard

Minimum Deposit
$100

Premium

Minimum Deposit
1000$
How to login to Sanabil Capital ?
Sanabil Capital Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide to managing your account with Sanabil Capital. This guide will walk you through the registration, account opening, and login processes, ensuring you have all the information

  

Sanabil Capital Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Sanabil Capital Ltd. is a Seychelles-registered forex and CFD broker, operating under the Financial Services Authority (FSA) license number SD 173. Established to provide trading services to a global clientele, Sanabil Capital has positioned itself as a reputable entity within the online trading landscape. The company is headquartered in Seychelles, with its main office located at Room B 11, First Floor, Providence Complex, Providence, Mahe, Seychelles.

  As a private entity, Sanabil Capital focuses primarily on retail forex trading, offering a suite of services tailored to individual traders. The broker caters to a diverse market, including both novice and experienced traders, providing them with access to a wide range of financial instruments and trading platforms. Sanabil Capital's mission is to empower retail investors by providing a user-friendly trading environment, comprehensive market data, and direct access to numerous forex liquidity sources.

  Over the years, Sanabil Capital has made significant strides in expanding its services and enhancing its trading infrastructure. The broker has developed a tiered account structure, allowing clients to choose among various account types based on their trading needs and capital levels. Additionally, the introduction of a proprietary prepaid card for seamless transactions has marked an important milestone in the company's growth.

  Sanabil Capital operates under a business model that emphasizes retail forex trading, with a focus on providing users with the tools and resources necessary for successful trading. This includes offering access to popular trading platforms like MetaTrader 4 and MetaTrader 5, which are widely recognized for their robust performance and user-friendly interfaces.

  

2. Regulation and Compliance Information

  Sanabil Capital is regulated by the Seychelles Financial Services Authority, holding license number SD 173. This regulatory framework allows the broker to offer its services globally, though it is essential to note that the level of oversight is not as stringent as that provided by top-tier regulatory bodies such as the UK's Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC).

  The broker does not provide guaranteed funds or segregated accounts for client deposits, which is a critical consideration for potential investors. While Sanabil Capital does implement some investor protection measures, such as negative balance protection, it lacks several safeguards commonly found in more regulated environments. This includes the absence of an investor compensation scheme, meaning that in the event of insolvency, reimbursement would depend on the firm's own resources and legal proceedings.

  Sanabil Capital adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all clients undergo proper verification processes to mitigate risks associated with fraud and money laundering. However, the light ongoing oversight from the FSA means that traders should exercise caution and conduct thorough due diligence before engaging with the broker.

  

3. Trading Products and Services

  Sanabil Capital offers a diverse range of trading products, primarily focusing on forex and CFDs. The broker provides access to over 100 trading instruments, including:

  • Forex Pairs: A comprehensive selection of major, minor, and exotic currency pairs, allowing traders to capitalize on fluctuations in the forex market.
  • CFDs on Indices: Traders can access cash CFDs on major indices such as the S&P 500, NASDAQ 100, DAX 40, and FTSE 100.
  • CFDs on Commodities: Sanabil Capital provides trading opportunities in popular commodities like gold, silver, and crude oil.
  • Single-Stock CFDs: Traders can engage in CFD trading on major stocks like Apple, Amazon, and Tesla.

  The broker does not currently offer cryptocurrency trading, which may limit some traders looking for exposure to digital assets. Sanabil Capital's product offerings are updated periodically, with plans to expand the range of available instruments in the future.

  For retail traders, Sanabil Capital provides a robust trading environment, while institutional clients can also benefit from tailored services. The broker does not offer white-label solutions or asset management services at this time.

  

4. Trading Platforms and Technology

  Sanabil Capital primarily utilizes the MetaTrader ecosystem, offering both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are renowned for their advanced trading capabilities, user-friendly interfaces, and extensive analytical tools.

  • MetaTrader 4: Known for its simplicity and reliability, MT4 provides traders with essential tools for spot forex and CFD trading. It features multiple chart types, timeframes, and a wide array of technical indicators.
  • MetaTrader 5: This upgraded version of MT4 offers additional functionalities, including more timeframes, built-in indicators, and advanced order types. MT5 is particularly suited for traders looking to manage multi-asset portfolios or utilize complex trading strategies.

  Both platforms are accessible via desktop, web, and mobile applications, ensuring that traders can manage their accounts and execute trades on the go. Sanabil Capital has plans for a proprietary trading platform, although no specific launch date has been announced.

  The broker operates on an ECN execution model, connecting traders to the market without dealing desk intervention. This model allows for market execution of orders, providing traders with greater control over their trading strategies. The broker does not disclose its liquidity providers, which may be a consideration for some traders.

  

5. Account Types and Trading Conditions

  Sanabil Capital offers three distinct account types to cater to different trading preferences and capital levels:

  • Standard Account: Requires a minimum deposit of $100, suitable for beginner traders. This account provides access to the full range of trading instruments but features wider spreads compared to higher-tier accounts.
  • Premium Account: Requires a minimum deposit of $1,000, offering tighter spreads and additional features such as dynamic margin. This account is ideal for moderately active traders seeking competitive pricing.
  • Platinum Account: Designed for high-volume traders, this account requires a minimum deposit of $5,000. It provides the best trading conditions, including the lowest spreads and enhanced customer support.

  The broker offers leverage up to 1:500 across all account types, which can amplify both potential gains and losses. Traders should be aware of the risks associated with high leverage and implement appropriate risk management strategies.

  Sanabil Capital also provides a demo account for traders to practice their strategies in a risk-free environment. This feature is particularly beneficial for new traders looking to familiarize themselves with the trading platform and market dynamics.

  

6. Fund Management

  Sanabil Capital supports various deposit and withdrawal methods to facilitate seamless transactions for its clients:

  • Deposit Methods: Clients can fund their accounts via bank wire transfers and cryptocurrency deposits through Coinsbuy. The minimum deposit requirement varies by account type, starting at $100 for the standard account.
  • Withdrawal Methods: Withdrawals can be processed through the same methods as deposits. The broker does not charge internal fees for withdrawals, but clients should be aware of potential external charges from banks or cryptocurrency networks.
  • Processing Times: Deposits via bank wire may take 2-5 business days, while cryptocurrency transactions typically settle within hours. Withdrawal processing times can range from 5-10 business days for bank wires, with cryptocurrency withdrawals often completed within the same business day, subject to network congestion.

  Sanabil Capital maintains a no-fee policy on deposits and withdrawals, but clients should consider any fees imposed by their banks or payment processors.

  

7. Customer Support and Educational Resources

  Sanabil Capital is committed to providing comprehensive customer support to its clients. The broker offers various channels for assistance, including:

  • Support Channels: Clients can reach customer support via email, phone, and social media. However, live chat support is currently unavailable.
  • Service Hours: Customer support is available Monday to Friday from 10:00 AM to 10:00 PM (GMT +4).
  • Language Support: The primary language of support is English, catering to a diverse clientele.
  • Educational Resources: Sanabil Capital provides educational materials, including webinars, tutorials, and market analysis. However, the availability of proprietary research and analysis services is limited.

  Traders can access a range of trading tools, such as calculators and economic calendars, to assist them in their trading activities.

  

8. Regional Coverage and Restrictions

  Sanabil Capital serves a global market, providing trading services to clients in various regions. However, the broker does not accept clients from specific countries, including:

  • Restricted Regions: Residents of the United States, Belgium, Canada, and Singapore are not eligible to open accounts with Sanabil Capital.
  • Operational Regions: The broker primarily focuses on markets where retail forex trading is popular, ensuring that clients have access to a wide range of trading instruments and resources.

  Overall, Sanabil Capital presents a compelling option for traders looking for a flexible and accessible trading environment. However, potential clients should carefully consider the regulatory landscape and the associated risks before engaging with the broker.

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Sanabil Capital Forex Broker has an overall rating of 5.40, Regulatory Index 3.92, License Index 3.92, Business Index 5.11, Software Index 8.81 Risk Control Index 8.90.
Sanabil Capital