Oanda vs Sage FX
| OANDA Review 2023 | Sage FX Review 2023 |
|---|---|
4.3
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3
Sage FX is #7 in our CFD broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It has proven a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web platform, no minimum deposit and premium currency products and services. The company is also overseen by reputable regulators, including the FCA, ASIC and CIRO. |
SageFX is an offshore, unregulated CFD broker that offers highly leveraged trading on forex, stocks, commodities, indices and crypto via the TradeLocker platform. Traders can access commission-free trading or an ECN account with tight spreads. While the broker's regulatory status is weak, it does provide segregated accounts and two-factor authentication. |
| Bonus Offer | |
| $1,500 trading competition | |
| Comment by Reviewer | |
| "OANDA will serve traders looking for a trustworthy broker with a beginner-friendly platform, best in class research and straightforward account opening. The $0 minimum deposit makes it especially attractive to newer traders and those on a budget." | "Sage FX will suit forex traders looking for high leverage and ECN spreads. The broker's prop trading service will also appeal to users looking for funded accounts with up to $200K available." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Stocks, Spreadbetting, CFD, Forex, Crypto | Forex, indices, cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $10 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $0 | 0.01 Lots |
| Regulator | |
| FCA, ASIC, MFSA, MAS, CIRO, FFAJ, BVI | Pending |
| Margin Trading | |
| Yes | No |
| Margin Rate | |
| 2% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| OANDA Trade, MT4 | iOS and Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| No | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Speculate on popular financial assets covering forex, commodities, indices, metals and bonds. Clients can trade CFDs on the award-winning MT4 platform or the firm's beginner-friendly web trader. | Trade CFDs on forex, stocks, metals, energies, indices, cryptos and dollar futures. Sage FX offers tight spreads and high leverage on all instruments from 1:100 to 1:500. |
| Leverage | |
| 1:30 | 1:500 |
| FTSE Spread | |
| 1.0 | 5.0 |
| GBPUSD Spread | |
| 1.4 | 0.9 |
| Oil Spread | |
| 3.0 | 0.04 |
| Stocks Spread | |
| Variable | N/A |
| Forex Trading | |
| OANDA offers 68 currency pairs, more than most forex brokers, covering majors, minors and exotics. The OANDA Trade platform also offers powerful technical analysis tools while average execution speeds are fast at 12 ms. | Trade 7 major, 21 minor and 29 exotic forex pairs with high leverage and a choice between STP or ECN accounts. Support is available around the clock and the TradeLocker forex software is provided. |
| GBPUSD Spread | |
| 1.4 | 0.9 |
| EURUSD Spread | |
| 0.8 | 0.9 |
| EURGBP Spread | |
| 0.9 | 2.5 |
| Assets | |
| 68 | 57 |
| Cryptocurrency | |
| OANDA offers trading on leading cryptocurrencies, including Bitcoin. We rate the low fees which start at 0.25% and that you can place trades in the app hassle-free. | Trade CFDs with leverage up to 1:100 on 23 crypto pairs with USD including popular tokens like Bitcoin and Ether and lesser-known options like OMG. On the downside, crypto-only pairs are not offered. |
| Spread | |
| $100 | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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OANDA vs |
Sage FX vs |