Sage FX Review – Forex Broker Profile

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Sage FX

5.0/ 5
  • Websitesagefx.com
  • Skype@sagefx
  • FaxUnavailable
  • Emailsupport@sagefx.com
  • Telephone Unavailable
Max leverage1:100
Min. deposit$10
Spreads from0.5 pips
Regulator—

Sage FX key facts

Regulated by
Sage FX has no regulatory license
Headquarters
Saint Vincent and the Grenadines
Founded
2019
Minimum deposit
$10
Leverage
Up to 1:100
Country
Saint Vincent and the Grenadines
Base currencies
USDEURGBP

Sage FX trading conditions

  • Minimum spreads0.5 pips
  • Trading platformMetaTrader4 for Android, iOS, Windows, and MAC
  • Web tradingNo
  • Hedging & scalpingYes
  • News tradingYes
  • Mobile tradingYes

What is Sage FX?

Sage FX trading conditions: leverage up to 1:100, spreads from 0.5 pips, $10 minimum deposit MAX LEVERAGE1:100 SPREADS FROM0.5 pips MIN. DEPOSIT$10
Sage FX headline trading conditions at a glance.

Sage FX is a forex and CFD broker based in Saint Vincent and the Grenadines, listed with a foundation year of 2019. It offers leverage up to 1:100, spreads from 0.5 pips and a minimum deposit of $10. Clients trade on MetaTrader4 for Android, iOS, Windows, and MAC and on mobile.

Sage FX is an online trading broker that trades Forex and Crypto. This broker is based on MetTrader4 and it will be available soon on MetaTrader 5 platform. This broker claims to use the true STP model. This broker is already on a platform that has the most number of assets and traders. It is going to be available soon on a platform that has the latest technology.

SageFX introduces affiliate program. This program has no bonus restrictions and it has no setup fees. This program provides competitive and continual commissions. This program comes with cutting-edge ECN technology with detailed and analytical tracking. Clients who have registered for this program will receive a weekly commission per lot traded over $10.

There are two kinds of accounts available on the MetaTrader4 platform by this broker. Live and Demo account. The demo account is actually for the traders who have just started trading and have no experience of trading.  Clients can practice trading on this customizable demo account. This account will provide links to videos about trading so that the new clients can learn about trading and the link will guide the client to original trading content. Clients can test new strategies of trading so that they can apply this to actual trading later. 

The Live account from this broker is the actual account for trading. This is also based on the MetaTrader4 platform because MetaTrader5 is not available for the broker yet. The account has raw spreads starting from 0.1 pips and the leverage is up to 500:1. This account comes with STP execution and 24/7 customer support. There are fix API accounts also available for the live account.

Is Sage FX safe and regulated?

Sage FX is regulated by Sage FX has no regulatory license. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.

Safety checklist before you deposit

  • Find the licence number on the broker's website and check it on the regulator's official register.
  • Check that client funds are held in segregated bank accounts.
  • Make a small first deposit and test a withdrawal before you add more.
  • Confirm negative balance protection applies to your account type.

Sage FX account types

The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $10 minimum deposit.

Sage FX account options
AccountBest forAvailable
Mini accountBeginners trading small lot sizesYes
VIP accountHigh-volume traders wanting raw spreadsYes
Islamic (swap-free)Traders who need no overnight interestNo
Managed accountInvestors who prefer a money managerYes

Trading platform and conditions

Sage FX provides MetaTrader4 for Android, iOS, Windows, and MAC. Mobile trading is supported as well.

  • Scalping and hedging are permitted, which suits short-term and EA-style strategies.
  • News trading is allowed during high-impact economic releases.
  • Spreads from 0.5 pips are available on raw pricing, with a commission per lot.
  • Leverage up to 1:100 gives large position sizes from a small deposit, which also raises the risk of fast losses.

Deposits and withdrawals

Sage FX supports 4 funding methods, including Credit card, Debit Card, Crypto, Vload. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.

Sage FX bonus: <p>this broker is not providing any welcome bonus</p>

How the promotion works

The current Sage FX promotion is <p>this broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the Sage FX website before you trade for it.

Check the promotion

Looking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.

Sage FX pros and cons

Pros

  • Raw spreads from 0.5 pips
  • Scalping and hedging allowed
  • News trading allowed
  • VIP, Mini and managed accounts
  • Low minimum deposit of $10

Cons

  • Only offshore regulation
  • No investor compensation scheme
  • No Islamic account listed

How to open a Sage FX account

  1. RegisterVisit the Sage FX website and sign up with your name, email and phone number.
  2. Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
  3. Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
  4. Fund the accountDeposit at least $10 with Credit card, Debit Card, Crypto or another method.
  5. Start tradingLog in to MetaTrader4 for Android, iOS, Windows, and MAC or the mobile app and set your risk per trade.

Is Sage FX a good broker? Our verdict

Sage FX suits active traders who want raw spreads, freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.

Sage FX FAQ

Is Sage FX a regulated broker?

Yes. Sage FX is regulated by Sage FX has no regulatory license. This is an offshore licence with lighter investor protection than UK, EU or Australian regulators.

What is the minimum deposit at Sage FX?

The minimum deposit is $10. You can fund your account with Credit card, Debit Card, Crypto, Vload.

What is the maximum leverage at Sage FX?

Sage FX offers leverage up to 1:100. High leverage increases both potential profit and potential loss, so use a stop-loss and small position sizes.

Does Sage FX offer an Islamic account?

No. Our profile does not list an Islamic swap-free account for Sage FX.

Does Sage FX have a bonus?

The current promotion is <p>this broker is not providing any welcome bonus</p>. Read the full terms on the broker's website before you trade for it. Check our forex no deposit bonus page for more free offers.

Where is Sage FX located?

The head office is at Saint Vincent and the Grenadines.

Can I scalp and hedge with Sage FX?

Yes. Scalping and hedging are allowed, and news trading is allowed too.

Which trading platform does Sage FX use?

Sage FX offers MetaTrader4 for Android, iOS, Windows, and MAC, with mobile trading support.

Write a Sage FX Review

Risk warning: CFDs and leveraged forex are complex instruments with a high risk of losing money quickly. Make sure you understand how they work and whether you can afford the risk. ForexAllNews may earn a commission from links on this page; this does not change our review.