SageFX Forex Broker keeps up-to-date with the latest trading account information, including Sage MT4 maximum leverage of 500:1, trading varieties, and more
Rating Index
Pros
Low minimum deposit requirement of $10, making it accessible for beginners.
Wide range of trading instruments, including forex, cryptocurrencies, commodities, and indices.
24/7 customer support available through multiple channels, enhancing user experience.
Cons
Unregulated status raises concerns about the safety and security of funds.
Limited functionality of the trading platform, lacking advanced features found in more established platforms.
Mixed reviews on withdrawal times and processes, with some users reporting delays and issues.
SageFX broker Accounts
Sage MT4
Environment
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Currency
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Maximum Leverage
500:1
SupportedEA
Minimum Deposit
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Minimum Spread
0.1 pips
Depositing Method
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Withdrawal Method
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Minimum position
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Commission
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Products
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SageFX Account Type
SageFX offers several types of accounts tailored to meet the needs of different traders. Here are the main account types available:
- Standard Account
- Minimum Deposit: $10
- Commission: $8 per lot
- Spreads: Medium spread
- Purpose: Designed for small deposits and beginners.
- Pro Account
- Minimum Deposit: $500
- Commission: $8 per lot
- Spreads: Starting from 0.1 pips
- Purpose: For experienced traders with higher balances.
- Variable (Var) Account
- Minimum Deposit: $10
- Commission: Zero commission
- Spreads: Higher spreads
- Purpose: For traders who prefer to pay high spreads instead of commissions.
- Mini Account
- Minimum Deposit: $10
- Commission: $1 per lot
- Lot Size: 1 lot = 1000
- Purpose: Suitable for smaller-scale traders.
- Funded Account
- Minimum Deposit: N/A (traders can receive capital from SageFX)
- Profit Sharing: Up to 20% of net profit taken by SageFX
- Testing Phases: Profit targets and trading days required to access trading capital.
- Registration:
- Visit the SageFX website and click on "Sign Up."
- Complete the registration form with basic information and confirm your email address.
- Verification:
- After logging in, you will be prompted to undergo identity verification (KYC).
- Upload required documents through your personal dashboard.
- Account Setup:
- Choose your account type (Standard, Pro, Var, Mini, or Funded).
- Select your account currency (USD, EUR, GBP, CAD, AUD, or BTC).
- Set your leverage level (up to 1:500).
- Funding Your Account:
- Make a minimum deposit of $10 via accepted payment methods (credit/debit cards, cryptocurrencies).
- Trading:
- Once your account is verified and funded, you can start trading on the SageFX platform using the Trade Locker trading software.
SageFX Broker Account Opening Process
The account opening process at SageFX is straightforward and consists of the following steps:
For more detailed information, you can refer to the official SageFX website.
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