SageFX review and ratings

Established 2020
Location Saint Vincent and the Grenadines
Regulation None
Offices Kingstown
Broker type STP
Leverage up to 1:500
Deposit from 10 USD
Spreads mid  mid
Platforms Web Specific
Instruments Currencies Crypto Indices Metals Energies Stocks
Funding methods Credit Cards PayRedeem Bitcoin Ethereum Liteсoin Ripple Tether
Type SageFX has stopped offering the MT4 platform
Login 1155199
Password vutm7hv
Server Netrios-Demo (
Updated 14.06.2023
Instruments Select the category  

Company information

SageFX is a legally registered forex broker located in the Saint Vincent and the Grenadines, but not regulated by any government agency.


SageFX accepts clients from all over the world, excluding some countries where restrictions apply.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

50+ Currency Pairs Based on major and minor world currencies.
12 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple, OmiseGO, Santiment, Monero, Zcash, IOTA, NEO.
8 Indice CFDs Based on baskets of different blue-chip stocks and US Dollar Index.
4 Metal CFDs Based on Gold, Silver, Platinum and Copper.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
60+ Stock CFDs Based on shares of US, UK and EU companies.

Comprehensive review

Established in 2020, SageFX is a relatively new offshore-based forex broker that offers high leverage of up to 1:500, a wide range of trading instruments, and the possibility to make deposits and withdrawals using bitcoin. As an unregulated offshore broker, SageFX also allows new users to sign up without going through the usual ID verification procedure as long as the deposit is made with bitcoin, making it possible to trade forex without giving up too many personal details.

Worth noting is also that the broker is registered in Saint Vincent and the Grenadines, which is a popular offshore country for forex brokers to register in. As in many other Caribbean countries, Saint Vincent and the Grenadines does not regulate forex brokers, but instead allows them to operate from the country by simply being registered as legal companies.

As its trading platform, SageFX offers TradeLocker, a new trading platform designed around the powerful TradingView charts. TradeLocker is for now the only trading platform offered by SageFX, and represents a move away from the classic MetaTrader platform for the broker. However, with powerful charts and technical trading tools from TradingView, SageFX clients will likely still get what they need from a platform with TradeLocker.

A real strength of this broker is the range of instruments it offers. This includes not just the usual forex pairs and stock indices, but also crypto pairs like bitcoin, ethereum, and litecoin, as well as exotic commodities like copper, platinum, and natural gas. In addition, SageFX also offers stocks from a range of both European and American companies for those that enjoy stock trading in the form of CFDs.

Spreads on the most liquid trading instruments like the EUR/USD and other major forex pairs start from 0.1 pips. As with most forex brokers, the standard order execution with SageFX is STP (straight through processing) execution with no commissions, and revenue instead collected by the broker through the slightly wider spreads. For larger traders, however, an option to trade with commissions and lower spreads still exists by choosing symbols marked with VAR in the trading platform.

As a fairly new broker, we have to admit that it appears some key pieces of information are still missing from its website. For example, the broker advertises 24 hour customer support, but there is no phone number to be found anywhere on the website. There is, however, a working live chat function on the website, which currently is available in English only.

On a final note, we would like to stress that SageFX is still a very new broker without much of a track record, it is based offshore, and it is still not regulated by any reputable regulatory agency. Traders who are considering SageFX should therefore keep these things in mind, and make sure they fully trust the broker before depositing any funds with it.

With that said, however, the broker does have a good selection of trading instruments, offers high leverage on an interesting trading platform, and allows for deposits and withdrawals via cryptocurrency, which we know is something many traders find attractive.

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