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SageFX, operated by Seager Limited, is incorporated in the Marshall Islands. The firm claims over half a century of financial sector expertise, although no supporting documentation is available. The broker’s website domain was initially registered in the U.S. in February 2018 and subsequently renewed in February 2023. Despite its global outreach, SageFX lacks regulatory licensing and excludes clients from the U.S. and certain other jurisdictions due to CFD trading regulations. The website is multilingual, offering English, French, and Spanish interfaces. The trustworthiness and safety of trading on SageFX’s platform will be evaluated based on the information we have gathered, which will be discussed in the following sections.

Trading Conditions of SageFX

On the TradeLocker platform, traders have the flexibility to execute trades from various devices. SageFX provides a range of trading instruments, encompassing classic forex pairs, stock indices, and cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The portfolio also features exotic assets such as platinum, copper, and natural gas. Furthermore, SageFX allows trading in CFDs on shares from American and European corporations, with active risk management strategies employed for daily trading activities. Deposits can be made using Bitcoin and traditional bank debit or credit cards.

Brokerage fee structures are detailed under the primary account section. Post-registration and funding, traders can select their preferred account type, which then reveals the specific symbols accessible for Forex trading and other financial assets. Here are a few examples:

  • ECN Standard Account (EURUSD) – features a commission of $8 on major currency pairs with average spreads.
  • ECN Pro Account ( – offers a $8 commission on PRO currency pairs with narrower spreads.
  • Variable Spread Account (EURUSD.var) – presents VAR currency pairs with no commission but higher spreads.
  • Mini Lot Account (EURUSD.Mini) – entails a $1 commission for smaller lot sizes (1 lot = 1000).
  • Mini Index Account (ESP35.Mini) – charges a $7 commission for mini index trades.
  • Sage Indices Account (US30.SAG) – includes a smaller contract size (10) and broader spreads, with a commission rate of $8.

Every trader has the opportunity to profit through the IB Affiliate Program offered by SageFX, which provides a commission of $2.50 per lot traded via an affiliate link. For affiliates who exceed 1000 trades per month, this commission rate is enhanced to $3.50 per lot.

SageFX Real Reviews

SageFX trustpilot reviews #1

SageFx manipulated my positions and fully closed me out of all my trades. They “claimed” it to be due to “Stop Outs” but by their own definition of “Stop Outs” there would only be partial closures until my Margin level was above the designed percent. That is not what happened. I was fully closed out of positions in the negative & closed out of positions in profit. I was closed out of my Buy positions at one price and my Sell positions at a different price but these move all transpired at the exact same time. I have the records to prove & show it. There were warning signs that this Broker was manipulating and doing things underhanded. I wish I made a wiser choice with my funds and my trading.” real reviews 1

Sage FX trustpilot reviews #2

“SageFx is Trash! If you’re a serious Forex trader then don’t bother with this broker. I’ve experienced problem like deposit issues and connectivity since day one. Also, their spread & commission is high compared to other brokers. Do yourself a favor, walk away and find yourself a better broker.” real reviews 2

Sage FX trustpilot reviews #3

“Very nice spreads, good and responsive 24/7 customer support, and fast withdrawals with crypto. I trade USDHUF and they offer the lowest spread I could find for that pair besides ProsperityFX. I have opened many broker accounts and they have the fastest and easiest account opening/onboarding process i’ve ever seen in a broker. I hope they can get MT5 in soon.” real reviews 3

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