Sasa Capital, established in 2019, is a forex brokerage firm headquartered in Podgorica, Montenegro, specifically located at 2 Sheikh Zayed Street, Oaza Building, II Floor, Apt 9, 81000 Podgorica. This company operates as a private entity and primarily serves retail clients seeking access to various trading services in the forex market.
Despite being relatively new in the industry, Sasa Capital aims to provide a comprehensive trading experience. The firm offers a range of financial instruments, including forex, contracts for difference (CFDs), commodities, and indices. As the company evolves, it has set several milestones, including the expansion of its trading platform offerings and the enhancement of customer support services.
Sasa Capital operates under a straightforward business model that focuses on retail forex trading, catering to individual traders looking for competitive spreads and efficient trade execution. The company has positioned itself as a potential player in the forex brokerage market, despite facing challenges related to regulation and market acceptance.
Sasa Capital operates in a regulatory environment that lacks robust oversight. The broker is currently unregulated, which raises concerns regarding investor protection and operational transparency. Various sources indicate that Sasa Capital does not hold licenses from recognized regulatory authorities, making it essential for potential clients to exercise caution when considering opening an account.
The company does not provide specific regulatory numbers or details about its compliance with local or international regulations. The absence of an effective regulatory framework means that Sasa Capital may not be subject to the same stringent requirements as regulated brokers, such as maintaining client funds in segregated accounts or participating in investor compensation schemes.
Furthermore, Sasa Capital claims to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, although detailed information about these procedures is not publicly available. The lack of regulatory oversight and transparency surrounding these compliance measures further emphasizes the need for thorough due diligence by potential clients.
Sasa Capital offers a variety of trading products and services to its clients. The broker provides access to a diverse range of forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in various market strategies. The exact number of available currency pairs may vary, but it typically includes popular options such as EUR/USD, GBP/USD, and USD/JPY.
In addition to forex trading, Sasa Capital provides CFD products across several categories, including indices, commodities, and cryptocurrencies. This broad selection allows traders to diversify their portfolios and explore different market segments. However, it is worth noting that the availability of specific products may change over time, and clients are encouraged to check for updates regularly.
The broker focuses on retail trading services, offering various account types to cater to different trading preferences. While institutional services and white-label solutions are not prominently featured, Sasa Capital remains open to expanding its offerings as the company grows. The firm is committed to enhancing its product lineup, ensuring that clients have access to the latest trading instruments and opportunities.
Sasa Capital supports MetaTrader 4 (MT4) as its primary trading platform, which is renowned for its user-friendly interface and advanced trading features. However, the broker does not currently offer MetaTrader 5 (MT5), which may limit some traders looking for additional functionalities.
The broker also provides its proprietary trading platform, known as Sasa Pro, which is designed to deliver a seamless trading experience. This platform includes various tools and features aimed at enhancing trading efficiency. Additionally, Sasa Capital offers a web-based trading platform, allowing traders to access their accounts from any device with internet connectivity.
For mobile trading, Sasa Capital has developed mobile applications compatible with both iOS and Android devices. These applications enable traders to manage their accounts and execute trades on the go, providing flexibility and convenience.
Sasa Capital employs an ECN (Electronic Communication Network) execution model, which is designed to facilitate direct market access for traders. This execution method allows for tighter spreads and faster order execution, enhancing the overall trading experience. The broker's servers are strategically located to ensure optimal performance and minimal latency in trade execution. Furthermore, Sasa Capital supports API access, enabling automated trading solutions for clients who prefer algorithmic trading strategies.
Sasa Capital offers a range of account types tailored to meet the diverse needs of its clients. The standard account typically requires a minimum deposit of $100, with variable spreads starting from 0.9 pips and no commission fees. This account type is suitable for most retail traders looking to engage in forex trading with competitive conditions.
For more experienced traders, Sasa Capital provides VIP and professional accounts, which may come with additional benefits such as lower spreads and enhanced trading conditions. The broker also offers Islamic accounts to cater to clients who require Sharia-compliant trading options.
The minimum trade volume for all account types is set at 0.01 lots, allowing traders to start with smaller positions. The broker offers leverage of up to 1:100, which can amplify trading potential but also increases risk exposure. Overnight fees, also known as swap rates, apply to positions held beyond the trading day, and clients are encouraged to review these fees based on their account type and trading strategy.
Sasa Capital also provides a demo account for traders to practice their strategies without risking real capital. This feature is particularly useful for new traders looking to familiarize themselves with the trading platform and market dynamics before committing real funds.
Sasa Capital supports various deposit methods to facilitate easy funding of trading accounts. Clients can deposit funds via bank transfer, credit card, and electronic wallets, providing flexibility based on individual preferences. The minimum deposit requirement varies depending on the account type, with standard accounts starting at $100.
Deposit processing times are generally quick, with many transactions being completed within a few hours. However, specific timelines may vary depending on the method used. Sasa Capital does not charge deposit fees, making it cost-effective for clients to fund their accounts.
For withdrawals, Sasa Capital offers multiple options, including bank transfers and electronic wallets. The processing time for withdrawals can take up to 3-5 business days, depending on the chosen method. Clients should be aware of any withdrawal limits or fees that may apply, as these can vary based on the account type and withdrawal method selected.
Overall, Sasa Capital aims to provide a transparent and efficient fund management process, ensuring that clients can easily access their funds when needed.
Sasa Capital is committed to providing comprehensive customer support to its clients. Support channels include phone, email, online chat, and social media, ensuring that clients can reach out for assistance through their preferred method. The support team is available during standard business hours, covering the GMT +1 time zone.
The broker offers support in English, catering to a global clientele. While the primary language of communication is English, Sasa Capital may provide assistance in other languages based on client needs.
In terms of educational resources, Sasa Capital provides various materials to help traders enhance their knowledge and skills. These resources include webinars, tutorials, and eBooks, covering a wide range of trading topics. Additionally, the broker offers market analysis services, including daily market updates and research reports, to keep clients informed about market trends and developments.
Sasa Capital also provides trading tools, such as calculators and economic calendars, to assist traders in making informed decisions. These resources contribute to a well-rounded trading experience, enabling clients to improve their trading strategies and outcomes.
Sasa Capital primarily serves clients in Montenegro and other regions, focusing on markets where forex trading is prevalent. The broker has established a presence in key financial hubs, although specific regional offices are not extensively detailed in the available information.
However, Sasa Capital does not accept clients from certain countries or regions due to regulatory restrictions. Prospective clients are advised to verify their eligibility based on their location before attempting to open an account.
In summary, Sasa Capital aims to provide a comprehensive trading experience, albeit with some limitations regarding regulation and product offerings. Potential clients should consider these factors carefully when evaluating whether to engage with the broker.
FX1348425287
Indonesia
My experience with SASA CAPITAL has been disappointing. The process of opening a demo account was time-consuming, and the user experience was poor. The available trading instruments are limited, and the overall trading environment is not up to par. I would, therefore, suggest considering other platforms with better trading conditions and a wider range of products.
Positive
2023-03-21
Daniel56
Malaysia
So far, so good! The spreads are tight, which is great for my quick trades, and the leverage gives me plenty of play. Whenever I've hit up their support, they've been on point—quick to sort things out. Loving the mix of tools on both MetaTrader 4 and SASA Pro platforms.
Positive
2024-06-21