Sage FX vs Superforex

Sage FX or SuperForex – which is better for UK traders 2024? Compare Sage FX and SuperForex in this detailed breakdown of their platforms, features and fees.

Sage FX vs SuperForex Comparison Table 2024
Sage FX SuperForex
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3
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3.6
Sage FX is ranked #58 among CFD brokers. SuperForex is ranked #39 among CFD brokers.
SageFX is an offshore, unregulated CFD broker that offers highly leveraged trading on forex, stocks, commodities, indices and crypto via the TradeLocker platform. Traders can access commission-free trading or an ECN account with tight spreads. While the broker's regulatory status is weak, it does provide segregated accounts and two-factor authentication. Established in 2013, SuperForex is an offshore CFD and forex broker offering highly leveraged trades on 400+ instruments via the popular MetaTrader 4 platform. The broker has gained clients in over 150 countries and is regulated by the Belize IFSC. With a range of STP/ECN account types, including swap-free, micro and zero spread, this broker continues to suit traders with different styles and setups. SuperForex also offers a range of welcome bonuses and trading contests.
Pros
  • Flexible accounts with STP and ECN solutions available
  • Prop trading accounts with multiple funding tiers
  • Ability to deposit and withdraw via Bitcoin
  • Bonus offers and trading competitions
  • Low starting deposit from $10
  • Fast withdrawal processing
  • High leverage up to 1:500
  • SuperForex is accessible for beginners, with minimum deposits from $1, a choice of fixed or variable spreads, and access to copy trading
  • You can get free access to the Pattern Graphix expert advisor software for MT4, a price pattern analysis tool which can help you save time
  • Various accessible payment methods are supported, including crypto, with zero fees and fast processing times
  • SuperForex offers an auto-reset balance program, which prevents trading accounts from dropping below zero
  • There’s a good range of STP and ECN account types to choose from, as well as crypto and cent accounts
  • The broker offers an impressive range of 12+ account base currencies covering multiple global regions
  • Traders can receive 5% annual interest on their account equity - a great way to earn passive income
  • There’s a decent range of educational resources including video tutorials, guides and seminars
Cons
  • Not regulated by any reputable body
  • Relatively narrow range of asset classes
  • Lacks educational resources and other extra features
  • The Belize IFSC is not considered a top-tier regulatory provider, so clients may receive fewer financial safeguards
  • The 0.5-pip minimum spreads in the standard ECN accounts are not as tight as some of the cheapest ECN brokers, such as Pepperstone
Awards
  • Best Cryptocurrency broker LATAM 2022 – Global Business Magazine
  • The Best Withdrawal Options Africa 2022 – World Financial Award
  • Best ECN Broker in Africa 2021 – Global Business Magazine
  • Best ECN Broker in Africa 2021 – International Business Magazine
  • Best New ECN Broker in Africa 2020 - Global Brands Magazine
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, indices, cryptos CFDs, Forex, Stocks, Cryptos, Commodities
Bonus
50% Welcome Deposit Bonus
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
Pending IFSC
Mobile Apps
iOS and Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
The Forex Copy system provides access to a huge network of experienced traders with strategies that can be mirrored in a few clicks. You only need $10 to get started with the copy trading solution.
Social Trading
No Yes
Trade Signals
No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • AED
  • BRL
  • THB
  • VND
Commodities
  • Gold
  • Silver
  • Gold
  • Oil
  • Silver
  • Platinum
  • Aluminium
  • Palladium
  • Zinc
CFD
Trade CFDs on forex, stocks, metals, energies, indices, cryptos and dollar futures. Sage FX offers tight spreads and high leverage on all instruments from 1:100 to 1:500. SuperForex offers CFDs on a good range of assets, though it only really shines when it comes to forex, thanks to its very diverse list. On the other hand, the significant leverage available on most assets increases profit potential, though traders will need to watch out for spreads, which compare poorly to some competitors.
Leverage
1:500 1:2000
FTSE Spread
5.0 6.0 (standard account)
GBPUSD Spread<
0.9 2.5 (standard account)
Oil Spread
0.04 5.0 (standard account)
Stocks Spread
N/A Variable
Forex
Trade 7 major, 21 minor and 29 exotic forex pairs with high leverage and a choice between STP or ECN accounts. Support is available around the clock and the TradeLocker forex software is provided. With 100+ currency pairs including all majors plus many minors and exotics tradeable on the MT4 platform with 1:2000 leverage, SuperForex lives up to its name as a great choice for forex traders. The ForexCopy system is also useful for newer traders.
Assets
57 100+
GBPUSD Spread
0.9 2.5 (standard account)
EURUSD Spread
0.9 2.0 (standard account)
EURGBP Spread
2.5 2.5 (standard account)
Cryptocurrency
Trade CFDs with leverage up to 1:100 on 23 crypto pairs with USD including popular tokens like Bitcoin and Ether and lesser-known options like OMG. On the downside, crypto-only pairs are not offered. SuperForex offers cryptocurrency CFDs on 11 popular tokens including Bitcoin, Dash, Solana and Polkadot. 1:10 leverage is available for crypto assets and although this is a fairly limited selection of digital assets, it covers the most important tokens.
Spread
Floating Floating or fixed
Coins
  • BTC
  • XRP
  • LTC
  • DASH
  • ETH
  • EOS
  • NEO
  • TRX
  • BTC
  • ETH
  • LTC
  • ZEC
  • DASH
  • BCH
  • XMR
  • NEO
  • EOS
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Sage FX SuperForex
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