Sage FX Review 2023

/ 5
Sage FX is #7 in our CFD broker rankings.

Sage FX is an MT4 trading broker offering high leverage rates and secure mobile investing.


Demo Account

MetaTrader 4

Bonus Offer
Forex, indices, cryptos
$1,500 trading competition
Credit Card, Bitcoin Payments, Visa, Mastercard, Ethereum Payments

Forex Trading

Sage FX offers trading on major and cross currency pairs.

Stocks Trading

Sage FX offers retail trading on major stock indices from around the world.

CFD Trading

SageFX offers retail trading on financial markets with competitive spreads.

Crypto Trading

Sage FX offers leveraged trading on crypto and USD pairs.

Sage FX offers retail trading on popular financial assets with up to 1:500 leverage. The broker offers the industry-favourite MetaTrader 4 desktop and mobile application alongside low commissions and tight spreads. Our review explores the company’s background, fees, deposit options and regulatory status. Find out whether to sign up for a Sage FX trading account.

Sage FX Headlines

Sage FX is a legally registered forex broker located in Saint Vincent and the Grenadines. Founded in 2020, the company is still relatively new and thus offers a modest range of financial instruments. With that said, the brokerage is looking to expand its selection of products and tools.

Sage FX is currently awaiting an official license from an established regulatory agency.

MT4 Platform

Sage FX offers the classic MetaTrader 4 (MT4) solution. The easy-to-use platform offers 3 execution modes, 2 market orders, 4 pending orders, 2 stop orders and a trailing stop. As well as 30 standard indicators, 2,000 free custom indicators and 700 paid indicators are also available. Additionally, clients benefit from 24 analytical objects, 9 timeframes and unlimited charts.

MetaTrader 4 is popular among beginners and established traders. The reliable and user-friendly interface allows for extensive customisation and comes with all the features needed to implement a range of trading strategies.


SageFX trading platform
MetaTrader 4

MT4 can be downloaded to Mac and PC free of charge. Alternatively, it can be opened in major internet browsers.

Sage FX also has plans to integrate the advanced MetaTrader 5 platform in the future.


Sage FX provides access to a suite of popular financial assets. Forex traders will be pleased to see 8 major FX pairs and 20 crosses. 8 stock indices are also offered, including the Dax, FTSE, Dow Jones and Nasdaq. For crypto traders, 19 leading digital currencies are available, from Bitcoin and Litecoin to Ethereum and Dash. Sage FX also offers a handful of commodities, including precious metals and energies.


Spreads compare with some of the biggest names in the industry, with 0.1 pips available on assets. Spreads on major forex pairs start at 0.8 pips while silver is available from 0.5 pips. Spreads also move with market conditions and tighten during periods of high liquidity.

Note, no commission is charged when using the broker’s standard STP execution model.

Leverage Review

Sage FX offers leverage up to 1:500:

These are significantly higher rates than you will find at most retail trading brokers. This could be in part because Sage FX is not licensed with an established provider. Investors should be careful when trading with such high leverage as losses can accumulate.

Note, the margin call is 100% and the stop out level is 70%.

Mobile Trading

Sage FX does not offer its own mobile application, however, clients can download the MT4 app. Users can execute orders in a single click with push notifications available too. Instant and pending orders can be utilised and traders can pinch and zoom on multiple charts. Whilst not suitable for advanced technical analysis, the app is reliable, free and makes keeping on top of trading positions while on the move hassle-free.

SageFX mobile trading
MT4 app

Deposits & Withdrawals

Sage FX offers instant and simple deposits. Funds can be deposited through a credit or debit card, with Bitcoin, or through Vload, an award-winning platform and payment service for traders. Credit or debit card deposits take 3-5 business days to process while depositing via Bitcoin or Vload allows for instant funding.

When it comes to withdrawals, Sage FX offers immediate withdrawals with zero fees. Withdrawals can be processed via Bitcoin, Vload, or to a credit or debit card. Sage FX also plans to introduce the ability to deposit and withdraw via wire transfers.

Demo Account

Sage FX offers a demo account for MetaTrader 4, meaning you can try out the broker, platform and your trading strategy for free, before signing up for a full live account. The demo account also links to videos and original trading content and enables you to become part of a trading community, learning from others. You can register for a free demo account from the broker’s homepage.


Sage FX is a legally registered broker but at present, is not regulated by any government agency. The company has suggested that they are looking into official regulation so we expect it will obtain a license in the near future. Once finalised, this should give traders further peace of mind.

Trading Accounts

Sage FX offers a range of account types, with cryptos, indices, commodities, and metals available to all. Features include:

Setting up an account is quick and easy, allowing you to log in within minutes.


There are several benefits to trading with Sage FX:


Despite the benefits, traders should keep in mind that Sage FX is currently unregulated. As a result, it’s difficult to give the broker an accurate trust rating. Also, as the company is still in its infancy, there are fewer tools and learning resources compared to other more established providers.

Trading Hours

Sage FX is open 24/7, but exact trading times depend on which instrument you are interested in. You can access individual opening times in the instrument specification section on MetaTrader 4. To do so, simply right-click on the asset of your choice then click specifications.

Customer Support

Sage FX offers 24/7 customer support via its live chat function. Support is also available by email, phone and social media. Additionally, the broker has a wide range of frequently asked questions in its support hub, ensuring you can get instant answers to a range of technical queries relating to your account. Head to the ‘Support’ page on the broker’s website to get help.


Sage FX uses a number of security measures to keep client data safe, including segregated funds and two-factor authentication. Segregated funds mean your cash will be held separately from the broker’s capital. Two-factor authentication helps to strengthen the security of your trading account by providing an extra layer when accessing funds.

Sage FX Verdict

Sage FX enables traders to access a wide range of instruments while taking advantage of low commissions and spreads. You can also deposit and withdraw via cryptocurrency, which many traders find attractive. The two-factor authentication for accounts helps to add an extra layer of security though traders should be aware that Sage FX is currently unregulated.


Is Sage FX Regulated?

Sage FX is a legally registered broker but is currently unregulated by any government agency. With that said, the company is looking into licensing agreements so this may change in the future.

Is Sage FX Legitimate?

Founded in 2020, Sage FX is a legitimate forex broker located in Saint Vincent and the Grenadines. With a short company history and limited reviews online, it will take some time before Sage FX establishes itself in retail trading circles.

Which Trading Platform Does Sage FX Offer?

The broker offers MT4 with plans to introduce MT5 in the future. Both provide pioneering automated trading systems with expert advisors and extensive analysis tools. MT4 was built for forex traders, whereas MT5 was designed to provide access to CFDs, stocks and futures.

Does MetaTrader 4 Cost Money At Sage FX?

MetaTrader 4 is free to download from the broker’s website. Clients can also open MT4 using the browser link available at Sage FX. Note, some brokers pay for the use of MT4 by widening spreads and increasing trading fees.

Is Forex Trading With Sage FX Good For Beginners?

There are several reasons why forex trading can be an attractive market for beginners. FX is accessible, requiring only a small deposit to get started. Also, the forex market is open 24 hours per day, 5 days a week, though it’s closed for a short period on weekends. There is also an extensive list of forex brokers to choose from.

Accepted Countries

Sage FX accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Sage FX from Iran, Iraq, Japan, Cayman Islands, Malta, Sri Lanka, Zimbabwe, Yemen, Congo, Tunisia.

Payment Methods

Sage FX Details

Minimum Trade 0.01 lots
Regulated By Pending
Account Types
  • STP
  • ECN
Islamic Account No
Mobile Apps iOS and Android
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes (EAs)
Social Trading No
Trade Signals No
Guaranteed Stop Loss No
  • Gold
  • Silver

CFD Trading Details

FTSE Spread 5.0
GBPUSD Spread 0.9
Oil Spread 0.04
Stocks Spread N/A
Leverage 1:500

Forex Trading Details

GBPUSD Spread 0.9
EURUSD Spread 0.9
EURGBP Spread 2.5
Assets 28

Cryptocurrency Trading Details

Crypto Spread Floating
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • BTC
  • DASH
  • EOS
  • ETH
  • LTC
  • NEO
  • TRX
  • XRP

Compare Sage FX

Compare Sage FX with similar brokers that accept traders from your location. Among available brokers these are the most similar to Sage FX:

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade offer high-tech trading on stocks and options with some of the lowest prices in the industry.
    Go to Just2Trade
  3. – boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to

Sage FX Comparison Table

Compare Sage FX With Similar Brokers
Sage FX IG Group Just2Trade
Rating 3 4.4 3.5 4.5
Markets Forex, indices, cryptos Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting Stocks, ADRs, ETFs, futures, options, commodities, bonds Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 £250 $100 $100
Minimum Trade 0.01 lots 0.1 lots 0.01 $1
Bonus $1,500 trading competition Up to $2,000 for professional accounts
Education No Yes No Yes
Platforms MT4 MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:500 1:30 1:5 to 1:20 1:200
Payment Methods 5 6 20 8
Visit Visit Visit Visit Visit
Review Sage FX
IG Group

Compare Trading Instruments

Compare the markets and instruments offered by Sage FX and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Sage FX Trading Instruments
Sage FX IG Group Just2Trade
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes Yes
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

Sage FX vs Other Brokers

Compare Sage FX with any other broker by selecting the other broker below.

Sage FX vs
Sage FX is an MT4 trading broker offering high leverage rates and secure mobile investing.