Sage FX Forex Broker

Sage FX Review SummaryFounded2018Registered Country/RegionMarshall IslandsRegulationUnregulatedMarket InstrumentsForex, Commodities, Indices, Cryptos, StocksDemo Account✔Trading PlatformTradeLockerLeverageUp to 1:500Min Deposit$10Customer SupportPhone:Not mentionedEmail:support@sagefx.com24/7 Online Chat:AvailablePhysical Address::Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960Sage 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 ConsProsConsLow minimum deposit of $10UnregulatedMany trading instruments including 29 mini pairsNo detailed phone infoDemo accounts providedDoesn't provide service in U.S.ANo Islamic accountIs 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 InstrumentsSupportedDetailsForex(Majors, Crosses, Exotics)✔EUR, USD, GBP, CAD, AUDCommodities✔Oil, Natural GasIndices✔Global indices (100 Units)Cryptos✔Bitcoin and other cryptocurrenciesStocks(EU Shares and US Shares)✔EU/US Shares (100 Units)Precious metal✔Gold, SilverAccount Types Sage FX offers 6 account types.Account TypeMinimum DepositKey FeaturesStandard$10Standard symbols, smaller depositsPro$500Spreads from 0.1 pipsVAR (Commission-Free)$10No commissions, higher spreadsMini Pairs$1029 mini pairs, suitable for smaller-scale tradersIslamic Account$10No swap/interest adjustments, raw spreads from 0.01 pipsDemo AccountN/ATest strategies with real market conditions without risking fundsLeverage 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 TypeForex Lot SizeBitcoin Lot SizeShares Lot SizeIndexes Lot SizeCommission (Forex/Crypto)Standard Account100,0001,500 BIT100 Units100 Units8 / 1,500 BITPro Account100,0001,500 BIT100 Units100 Units8 / 1,500 BITVariable (Var) Account100,0000 BIT100 Units100 Units0 / 0 BITMini Account1,00015 BITN/AN/A1 / 15 BIT Sage FX asks for no inactivity fees.Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable forTradeLocker✔Desktop, Web, MobileBeginner and experienced tradersMT4×MT5×Deposit and Withdrawal Sage FX does not charge fees for deposits, with multiple funding methods. The minimum deposit required is $10.Deposit OptionsMin. DepositFeesProcessing TimeCrypto$100%InstantCredit/Debit Cards$100%3-5 Business DaysWire Transfer$100%Up to 6 Business DaysVload$100%Instant Also, Sage FX doesn't ask for withdrawal fees.