Sage FX vs Coinexx

Sage FX vs Coinexx Comparison Table 2024
Sage FX Coinexx
3

Sage FX is #9 in our CFD broker rankings.

2.5

Coinexx is #10 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

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.

Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.

Bonus Offer
$1,500 trading competition 100% Deposit Welcome Bonus
Comment by Reviewer
"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." "Traders seeking highly leveraged CFDs with a broker that uses crypto as a base account currency will find a good match in Coinexx. The ECN model also offer tight spreads from 0 pips. On the downside, traders should note the weak regulatory oversight."
Pros
  • Flexible accounts with STP and ECN solutions available
  • Prop trading accounts with multiple funding tiers
  • Ability to deposit and withdraw via Bitcoin
  • Bonus offers and trading competitions
  • Low starting deposit from $10
  • Fast withdrawal processing
  • High leverage up to 1:500
  • ECN execution model with tight spreads from 0 pips
  • Demo account available to prospective traders
  • Full range of investments including cryptos
  • MetaTrader 4 and MetaTrader 5 integration
  • 100% deposit bonus for new clients
  • Very high leverage up to 1:500
  • Free VPS for active traders
Cons
  • Not regulated by any reputable body
  • Relatively narrow range of asset classes
  • Lacks educational resources and other extra features
  • No fiat account funding options - crypto only
  • Limited educational materials for new traders
  • No copy trading service for aspiring investors
  • No regulatory oversight reduces safety
Instruments
Forex, indices, cryptos Forex, Commodities, Indices, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 0.001 BTC
Trading Platforms
  • TradeLocker
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
Pending
Margin Trading
No Yes
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS and Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
No MetaTrader
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
Stock Exchanges
Commodities
CFD Trading
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. Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on day trading strategies.
Leverage
1:500 1:500
FTSE Spread
5.0 From 0.0 pips
GBPUSD Spread
0.9 From 0.0 pips
Oil Spread
0.04 From 0.0 pips
Stocks Spread
N/A NA
Forex Trading
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. Trade 70 major, minor and exotic forex pairs with ultra-low ECN spreads and fast execution via the MT4 or MT5 platforms. There are also zero SL/TP limits and automated forex trading is well catered for.
GBPUSD Spread
0.9 From 0.0 pips
EURUSD Spread
0.9 From 0.0 pips
EURGBP Spread
2.5 From 0.0 pips
Assets
57 60+
Cryptocurrency
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. Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.
Spread
Floating From 0.0 pips
Coins
  • BTC
  • XRP
  • LTC
  • DASH
  • ETH
  • EOS
  • NEO
  • TRX
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Sage FX
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Coinexx
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