Sage FX vs OANDA US

Sage FX vs OANDA US Comparison Table 2023
Sage FX Review 2023	OANDA US Review 2023
Review 3 Sage FX is #7 in our CFD broker rankings.	Review 4.5 OANDA US is #4 in our broker rankings.
Traders from US accepted	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.	OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is regulated by trusted agencies, including the NFA/CFTC. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
	CFDs are not available to residents in the United States.
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."	"We recommend OANDA for US traders seeking a user-friendly platform with premium market research and a straightforward joining process. OANDA is a particularly good pick if you want a heavily regulated broker with a secure trading environment."
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	Industry-leading platforms including MT4 and TradingView The OANDA web platform offers advanced price charts and graphs Reliable, trustworthy and secure brand with authorization from tier-one regulators API facilitates access to 25 years of historical data and rates from 200+ currencies Feature-rich app with 50 indicators, 11 drawing tools and 9 charting styles Wide selection of instruments including 68 forex pairs Transparent pricing structure with no hidden charges Low minimum deposit for beginners US clients accepted
Cons
Not regulated by any reputable body Relatively narrow range of asset classes Lacks educational resources and other extra features	Customer support not available on the weekend
Awards
	Best US Broker 2023 - DayTrading.com Best Trading Tools winner 2021 - Online Personal Wealth Awards Awarded highest overall client satisfaction 2021 - Investment Trends US Leverage Trading Report, Margin Forex Awarded highest client satisfaction for mobile platform/app 2021 - Investment Trends US Leverage Trading Report, Margin Forex Voted Most Popular Broker 2021 - TradingView Broker Awards Voted Best Forex and CFD Broker 2021 - TradingView Broker Awards
Instruments
Forex, indices, cryptos	Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10	$0
Trading Platforms
TradeLocker	MT4 TradingView AutoChartist
Payment Methods
Bitcoin Payments Credit Card Ethereum Payments Mastercard Visa	ACH Transfer Debit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
Pending	NFA, CFTC
Margin Trading
No	Yes
Margin Rate
	2%
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	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS and Android	iOS, Android + Web Trader
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
No	No
Inactivity Fee
	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD	USD EUR GBP CAD AUD JPY CHF HKD SGD
Commodities
Gold Silver
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.	CFD trading not offered
Leverage
1:500	1:50
FTSE Spread
5.0
GBPUSD Spread
0.9
Oil Spread
0.04
Stocks Spread
N/A
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.	OANDA offers 68 forex pairs, more than many alternatives. The broker's in-house platform also offers impressive execution speeds and a suite of advanced charting and analysis tools.
Forex App
	The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 68 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.
GBPUSD Spread
0.9	3.4
EURUSD Spread
0.9	1.6
EURGBP Spread
2.5	1.7
Assets
57	65+
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.	Speculate on the world's biggest cryptos by market cap. Commissions are lower than many peers starting at 0.25%. Clients can spot trade cryptocurrencies on Paxos's itBit exchange through the OANDA platform via OANDA’s partnership with Paxos. Users can trade digital currencies in a few taps through the iOS and Android mobile app.
Spread
Floating	$100
Coins
BTC XRP LTC DASH ETH EOS NEO TRX	BTC ETH LTC BCH PAXG LINK UNI AAVE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	CFDs are not available to residents in the United States.
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