Sage FX-Overview of Minimum Deposit, Spreads & Leverage
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| Sage FX Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Marshall Islands |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Indices, Cryptos, Stocks |
| Demo Account | ✔ |
| Trading Platform | TradeLocker |
| Leverage | Up to 1:500 |
| Min Deposit | $10 |
| Customer Support | Phone: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.
Pros and Cons
| Pros | Cons |
| Low minimum deposit of $10 | Unregulated |
| Many trading instruments including 29 mini pairs | No detailed phone info |
| Demo accounts provided | Doesn't provide service in U.S.A |
| No Islamic account |
Is Sage FX Legit?
Sage FX is unregulated.
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 Instruments | Supported | Details |
| 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 |
Account Types
Sage FX offers 6 account types.
| Account Type | Minimum Deposit | Key Features |
| Standard | $10 | Standard symbols, smaller deposits |
| Pro | $500 | Spreads from 0.1 pips |
| VAR (Commission-Free) | $10 | No commissions, higher spreads |
| Mini Pairs | $10 | 29 mini pairs, suitable for smaller-scale traders |
| Islamic Account | $10 | No swap/interest adjustments, raw spreads from 0.01 pips |
| Demo Account | N/A | Test strategies with real market conditions without risking funds |
Leverage
Sage FX offers leverage up to 1:500.
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 Type | Forex Lot Size | Bitcoin Lot Size | Shares Lot Size | Indexes Lot Size | Commission (Forex/Crypto) |
| Standard Account | 100,000 | 1,500 BIT | 100 Units | 100 Units | 8 / 1,500 BIT |
| Pro Account | 100,000 | 1,500 BIT | 100 Units | 100 Units | 8 / 1,500 BIT |
| Variable (Var) Account | 100,000 | 0 BIT | 100 Units | 100 Units | 0 / 0 BIT |
| Mini Account | 1,000 | 15 BIT | N/A | N/A | 1 / 15 BIT |
Sage FX asks for no inactivity fees.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| TradeLocker | ✔ | Desktop, Web, Mobile | Beginner and experienced traders |
| MT4 | × | ||
| MT5 | × |
Deposit and Withdrawal
Sage FX does not charge fees for deposits, with multiple funding methods. The minimum deposit required is $10.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Crypto | $10 | 0% | Instant |
| Credit/Debit Cards | $10 | 0% | 3-5 Business Days |
| Wire Transfer | $10 | 0% | Up to 6 Business Days |
| Vload | $10 | 0% | Instant |
Also, Sage FX doesn't ask for withdrawal fees.
Broker ng WikiFX
Exchange Rate
