Sage FX Review
Richard Montana | March 24, 2022
Built on the core values of trust, stability, and commitment to modernization, Sage FX is an online retail broker that consists of a team of trading and fintech veterans who are focused on providing a competitive trading environment to all traders. They provide traders with the MT4 trading platform to ensure seamless access to the global financial markets: Forex, Cryptocurrencies, Indices, Commodities, Metals, and Stocks. The minimum deposit required to start trading with the broker is just $10.
Pros / Cons
- User-friendly MT4 trading platform
- Multiple financial instruments
- Low spreads & no commission fees
- Fast trade execution speeds
- Minimum $10 deposit
- Educational resources
- Not regulated
- Located offshore
Operating from Kingstown Saint Vincent and the Grenadines, Sage FX is a multi-asset brokerage firm that provides traders with an intuitive trading platform, educational resources, and a 24/7 customer support team — for trading the global financial markets. They make use of the STP execution model, which offers access to the interbank markets. They provide traders with competitive trading conditions, such as free demo accounts, multiple deposit/withdrawal methods, low spreads, rapid execution speeds, leverage of up to 1:500, and more.
There is currently no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
The services of Sage FX and any information provided on the Sage FX website are not directed at or intended for those who reside or are citizens of the US.
Sage FX do not accept clients from Botswana, Burma, Congo, Cuba, Democratic Republic of Congo(DPRK), Democratic Republic of Congo(Republic of Zaire), Ethiopia, Iran, Iraq, Japan, Kenya, Lebanon, Libya, Malta, North Korea, Somalia, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Yemen, Zimbabwe.
Traders are provided with the MetaTrader 4 (MT4) trading platform, one of the most popular platforms for trading Forex and CFDs that is used by millions of traders all over the globe. The MT4 platform is designed to suit traders of all levels. It is packed with essential analysis tools and trading capabilities, such as three chart types, multiple technical indicators, one-click executions, stop and limit orders, and support for the automation of trades using expert advisors.
Sage FX makes the MT4 platform available as a desktop application for Windows and Mac computers, a WebTrader that can run directly on modern web browsers, and a mobile app for Android and iOS devices. The mobile app allows traders to place trades and monitor their positions on the go, provided there is an internet connection.
There are no standalone trading tools on the broker’s website at the moment. However, the provided trading platform has an abundance of trading tools to suit even the most demanding of traders.
The broker’s website is replete with several educational resources that are aimed at improving clients’ trading skills and knowledge. These educational resources include trading guides, an FAQ section, and a news section that keeps traders informed on the latest happenings in the financial markets.
The broker offers a generous selection of trading instruments including the following financial markets: Forex, Cryptocurrencies, Indices, Commodities, Metals, and Stocks.
The broker offers the following trading account options: Standard, PRO Deposits, and VAR Commissions. The Standard account requires a minimum deposit of $10; the PRO Deposits is aimed at traders depositing $500 or more, while the VAR Commissions are suitable for traders who prefer a commission-free setup. A demo account is available for practice purposes.
The broker provides traders with a client support team who say they are available 24/7 and can be reached via email, Live Chat powered by Freshworks, or by visiting their physical office in Kingstown, Saint Vincent, and the Grenadines.
All account deposit and withdrawal requests are processed using any of the following payment methods: Bank wire transfer, credit/debit cards, cryptocurrency (Bitcoin, ETH, XRP, LTC, DOGE & USDT), VLoad, and more.
Account opening at Sage FX involves an easy process: click on the “Sign Up button at the top-right corner of the broker’s website and follow the subsequent instructions.
Sage FX is a multi-asset brokerage firm that operates from Saint Vincent and the Grenadines. They allow traders to buy and sell over multiple trading products using the MT4 trading platform while providing them with the resources and conditions to help ensure a hitch-free trading experience. The minimum deposit required to start trading is just $10, and leverage of up to 1:500 is available.