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Sage FX -

Score

1.50 /10
Danger

Sage FX

Marshall Islands

5-10 years

Suspicious Regulatory License

High potential risk

https://sagefx.com

Influence

B

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Score

Regulatory Index0.00

Business Index6.92

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Seager Limited

Company Abbreviation

Sage FX

Platform registered country and region

Marshall Islands

Company website

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Data Source WikiFX Data provide
Updated: 2024-12-27
Sage FX · Company summary
Sage FX Review Summary
Founded2018
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market InstrumentsForex, Commodities, Indices, Cryptos, Stocks
Demo Account✔
Trading PlatformTradeLocker
LeverageUp to 1:500
Min Deposit$10
Customer SupportPhone:Not mentioned
Email:support@sagefx.com
24/7 Online Chat:Available
Physical Address::Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960

Sage FX Information

Sage FX established in 2018. With a minimum deposit of $10, it gives access to Forex, cryptocurrencies, commodities, indices, and stocks. Designed to appeal to both beginners and experienced traders, the platform offers competitive spreads beginning at 0.1 pip and leverage up to 1:100.

Sage FX Information

Pros and Cons

ProsCons
Low minimum deposit of $10Unregulated
Many trading instruments including 29 mini pairsNo detailed phone info
Demo accounts providedDoesn't provide service in U.S.A
No Islamic account

Is Sage FX Legit?

Sage FX is unregulated.

Is Sage FX Legit?

What Can I Trade on Sage FX?

Sage FX provides Forex(Majors, Crosses, Exotics), Indices, Commodities, Cryptos, Stocks(EU Shares and US Shares) and precious metal.

Tradable InstrumentsSupportedDetails
Forex(Majors, Crosses, Exotics)✔EUR, USD, GBP, CAD, AUD
Commodities✔Oil, Natural Gas
Indices✔Global indices (100 Units)
Cryptos✔Bitcoin and other cryptocurrencies
Stocks(EU Shares and US Shares)✔EU/US Shares (100 Units)
Precious metal✔Gold, Silver
What Can I Trade on Sage FX?

Account Types

Sage FX offers 6 account types.

Account TypeMinimum DepositKey Features
Standard$10Standard symbols, smaller deposits
Pro$500Spreads from 0.1 pips
VAR (Commission-Free)$10No commissions, higher spreads
Mini Pairs$1029 mini pairs, suitable for smaller-scale traders
Islamic Account$10No swap/interest adjustments, raw spreads from 0.01 pips
Demo AccountN/ATest strategies with real market conditions without risking funds
Account Types
Account Types

Leverage

Sage FX offers leverage up to 1:500.

Leverage

Sage FX Fees

SageFX asks commissions of 8 for Forex and 1,500 BIT for Crypto on Standard and Pro accounts, with Variable accounts having 0 commissions. Mini accounts feature lower commissions( 1 for Forex and 15 BIT for Crypto).

Spreads start as low as 0.00 (RAW spreads).

Account TypeForex Lot SizeBitcoin Lot SizeShares Lot SizeIndexes Lot SizeCommission (Forex/Crypto)
Standard Account100,0001,500 BIT100 Units100 Units8 / 1,500 BIT
Pro Account100,0001,500 BIT100 Units100 Units8 / 1,500 BIT
Variable (Var) Account100,0000 BIT100 Units100 Units0 / 0 BIT
Mini Account1,00015 BITN/AN/A1 / 15 BIT
Sage FX Fees
Sage FX Fees

Sage FX asks for no inactivity fees.

Sage FX Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
TradeLocker✔Desktop, Web, MobileBeginner and experienced traders
MT4×
MT5×
Trading Platform

Deposit and Withdrawal

Sage FX does not charge fees for deposits, with multiple funding methods. The minimum deposit required is $10.

Deposit OptionsMin. DepositFeesProcessing Time
Crypto$100%Instant
Credit/Debit Cards$100%3-5 Business Days
Wire Transfer$100%Up to 6 Business Days
Vload$100%Instant
Deposit and Withdrawal
Deposit and Withdrawal

Also, Sage FX doesn't ask for withdrawal fees.

Deposit and Withdrawal

User Reviews

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User comment

6

Comments

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Giovanni Y
more than one year
Can you believe it? Their TradeLocker platform is amazing! I think it's even better than MetaTrader, so much easier to use and it's packed with features. Really impressed!
Can you believe it? Their TradeLocker platform is amazing! I think it's even better than MetaTrader, so much easier to use and it's packed with features. Really impressed!
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2024-07-22 10:45
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hjbsd
more than one year
I think we have different experiences with SageFX. As for me SageFX has been great since I got to know about them. Starting from customer support to withdrawals they have been there for me. I highly recommend them to anyone out there.
I think we have different experiences with SageFX. As for me SageFX has been great since I got to know about them. Starting from customer support to withdrawals they have been there for me. I highly recommend them to anyone out there.
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2024-05-24 18:46
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