Sage FX vs Financial Spreads

Sage FX vs Financial Spreads Comparison Table 2024
Sage FX Financial Spreads
3
Not Yet Rated

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.

Financial Spreads is a UK-regulated broker offering spread betting and CFDs.

Bonus Offer
$1,500 trading competition
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."
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
Cons
  • Not regulated by any reputable body
  • Relatively narrow range of asset classes
  • Lacks educational resources and other extra features
Instruments
Forex, indices, cryptos Spread betting, CFDs
Demo Account
Yes Yes
Minimum Deposit
$10 £250
Trading Platforms
  • TradeLocker
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
Pending FCA
Margin Trading
No No
STP Account
Yes No
ECN Account
Yes No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS and Android yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
No No
VPS Hosting
No No
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
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. Buy and sell leveraged CFD contracts at Financial Spreads.
Leverage
1:500 1:30
FTSE Spread
5.0 0.8
GBPUSD Spread
0.9 0.9
Oil Spread
0.04 3
Stocks Spread
N/A variable
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. Financial Spreads offers forex trading with 1:30 leverage.
GBPUSD Spread
0.9 0.9
EURUSD Spread
0.9 0.7
EURGBP Spread
2.5 0.8
Assets
57 30+
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 three leading cryptocurrency coins.
Spread
Floating From 1 pip
Coins
  • BTC
  • XRP
  • LTC
  • DASH
  • ETH
  • EOS
  • NEO
  • TRX
  • BTC
  • XRP
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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