Sage FX-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-11-28 18:28

Abstract：https://klteeqb691.feishu.cn/docx/PsJZdU98ToLj1mxnvw5cNn2qn4e

Sage FX Review Summary
Founded	2018
Registered Country/Region	Marshall Islands
Regulation	Unregulated
Market Instruments	Forex, Commodities, Indices, Cryptos, Stocks
Demo Account	✔
Trading Platform	TradeLocker
Leverage	Up to 1:500
Min Deposit	$10
Customer Support	Phone:Not mentioned
	Email:support@sagefx.com
	24/7 Online Chat:Available
	Physical Address::Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960

Sage FX Information

Sage FX established in 2018. With a minimum deposit of $10, it gives access to Forex, cryptocurrencies, commodities, indices, and stocks. Designed to appeal to both beginners and experienced traders, the platform offers competitive spreads beginning at 0.1 pip and leverage up to 1:100.

Pros and Cons

Pros	Cons
Low minimum deposit of $10	Unregulated
Many trading instruments including 29 mini pairs	No detailed phone info
Demo accounts provided	Doesn't provide service in U.S.A
	No Islamic account

Is Sage FX Legit?

Sage FX is unregulated.

What Can I Trade on Sage FX?

Sage FX provides Forex(Majors, Crosses, Exotics), Indices, Commodities, Cryptos, Stocks(EU Shares and US Shares) and precious metal.

Tradable Instruments	Supported	Details
Forex(Majors, Crosses, Exotics)	✔	EUR, USD, GBP, CAD, AUD
Commodities	✔	Oil, Natural Gas
Indices	✔	Global indices (100 Units)
Cryptos	✔	Bitcoin and other cryptocurrencies
Stocks(EU Shares and US Shares)	✔	EU/US Shares (100 Units)
Precious metal	✔	Gold, Silver

Account Types

Sage FX offers 6 account types.

Account Type	Minimum Deposit	Key Features
Standard	$10	Standard symbols, smaller deposits
Pro	$500	Spreads from 0.1 pips
VAR (Commission-Free)	$10	No commissions, higher spreads
Mini Pairs	$10	29 mini pairs, suitable for smaller-scale traders
Islamic Account	$10	No swap/interest adjustments, raw spreads from 0.01 pips
Demo Account	N/A	Test strategies with real market conditions without risking funds

Leverage

Sage FX offers leverage up to 1:500.

Sage FX Fees

SageFX asks commissions of 8 for Forex and 1,500 BIT for Crypto on Standard and Pro accounts, with Variable accounts having 0 commissions. Mini accounts feature lower commissions( 1 for Forex and 15 BIT for Crypto).

Spreads start as low as 0.00 (RAW spreads).

Account Type	Forex Lot Size	Bitcoin Lot Size	Shares Lot Size	Indexes Lot Size	Commission (Forex/Crypto)
Standard Account	100,000	1,500 BIT	100 Units	100 Units	8 / 1,500 BIT
Pro Account	100,000	1,500 BIT	100 Units	100 Units	8 / 1,500 BIT
Variable (Var) Account	100,000	0 BIT	100 Units	100 Units	0 / 0 BIT
Mini Account	1,000	15 BIT	N/A	N/A	1 / 15 BIT

Sage FX asks for no inactivity fees.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
TradeLocker	✔	Desktop, Web, Mobile	Beginner and experienced traders
MT4	×
MT5	×

Deposit and Withdrawal

Sage FX does not charge fees for deposits, with multiple funding methods. The minimum deposit required is $10.

Deposit Options	Min. Deposit	Fees	Processing Time
Crypto	$10	0%	Instant
Credit/Debit Cards	$10	0%	3-5 Business Days
Wire Transfer	$10	0%	Up to 6 Business Days
Vload	$10	0%	Instant

Also, Sage FX doesn't ask for withdrawal fees.

Leverage Broker Currency Pair Commission Dealer

Related broker

No Regulation

Sage FX

Company name：Seager Limited

Score

1.54

Website：https://sagellc.io

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.54

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