Official website Open account




Debit/Credit Cards, BitCoin


  • Low initial deposit
  • Segregated accounts
  • ECN-accounts
  • Scalping
  • Affiliate program
  • Wide selection of trading instruments


  • ECN broker with narrow spreads
  • Leverage is 1:500 for currency pairs and 1:100 for cryptocurrencies
  • The possibility of depositing and withdrawing funds in cryptocurrency


  • Offshore broker without regulation


SageFX Broker Review


Trade Forex presents an insightful review of SageFX, a Forex broker established in 2024 in Saint Vincent and the Grenadines. SageFX caters to a global clientele, barring residents from the USA and certain other countries due to regulatory constraints.

Regulation Status

Founded recently in 2024, SageFX operates as an offshore Forex broker. However, it’s crucial to note that it lacks regulation by any governmental financial authority. Its key features include:

  • High leverage up to 1:500
  • A diverse array of trading instruments
  • Bitcoin-enabled deposits and withdrawals
Registration and Security

SageFX is registered in Saint Vincent and the Grenadines, a known haven for offshore Forex broker registration. While this jurisdiction does not actively regulate Forex broker activities, it permits operation through standard business registration. Importantly, SageFX claims to use segregated accounts to ensure client funds are insulated from company assets, offering a layer of security in case of financial turmoil.

Trading Platforms

SageFX focuses on the MetaTrader platform, offering:

  • MT4 trading platform available for Windows, web browsers, Android, and Apple devices
  • Plans to introduce the MT5 trading platform, though not yet implemented

Trading Instruments

SageFX boasts a versatile range of trading instruments, including:

  • Conventional currency pairs and stock indices
  • Cryptocurrencies (Bitcoin, Ethereum, Litecoin)
  • Exotic commodities (copper, platinum, natural gas)
  • CFDs on shares from European and American companies

Account Types

As an STP/ECN broker, SageFX offers a single trading account with diverse currency pair groups:

  • Majors: Average spread with $8 commission (e.g., USDCAD)
  • PRO: Low spreads with $8 commission (e.g.,
  • VAR: Higher spreads but no commission (e.g., USDCAD.var)
  • Mini: Smaller lot size (1 lot = 1000) with $1 commission (e.g.,

Minimum Deposit

SageFX offers an accessible minimum deposit requirement of just $10, with flexible deposit options including credit/debit cards, cryptocurrencies, and the VLoad e-wallet.

Pros and Cons

  • Wide selection of trading instruments
  • High leverage options
  • Cryptocurrency transactions
  • Lack of regulation by a recognized authority
  • Relatively new and untested in the market


While SageFX presents attractive trading options and flexibility, its lack of regulatory oversight is a significant consideration. Prospective traders should exercise due diligence and explore reviews and ratings, including those available at Trade Forex, before engagement.

SageFX at a Glance

  • Broker Name: SageFX
  • Year of Foundation: 2024
  • Headquarters: Saint Vincent and the Grenadines
  • Regulation: Not regulated
  • Trading Platforms: MT4
  • EURUSD Spread: 0.5 pips
  • Demo Account: Available
  • Minimum Deposit: $10
  • Base Currencies: USD
  • Maximum Leverage: 1:500
  • Assets: Currency pairs, indices, stocks, metals, cryptocurrencies
  • Deposit Methods: