SimpleFX vs Sage FX

SimpleFX or Sage FX – which is better for UK traders 2025? Compare SimpleFX and Sage FX in this detailed breakdown of their platforms, features and fees.

SimpleFX vs Sage FX Comparison Table 2025
SimpleFX Sage FX
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4.2
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3
SimpleFX is ranked #59 among CFD brokers. Sage FX is ranked #39 among CFD brokers.
Review
Review
SimpleFX is an online broker offering CFD and cryptocurrency trading. With multi-currency accounts, STP execution, competitive pricing, and no minimum deposit, the platform delivers an accessible trading experience. Since 2014, SimpleFX has been innovative and has earned acclaim at various industry events. Today, it serves over 200,000 active users in more than 190 countries, catering to retail traders worldwide. SageFX operates as an offshore CFD broker without regulatory oversight. It offers leveraged trading across forex, stocks, commodities, indices, and cryptocurrencies through the TradeLocker platform. Traders can choose between commission-free trading or an ECN account with competitive spreads. Although its regulatory status is not robust, SageFX ensures client funds' safety with segregated accounts and offers two-factor authentication for security.
Pros
  • SimpleFX's unique WebTrader, supported by TradingView, provides a stable trading platform with an intuitive interface, welcoming even to beginner traders.
  • With MT4 support, traders can access advanced charting tools, technical indicators, customisable algorithms, and expert advisors for automated strategies.
  • In 2021, SimpleFX refreshed its platform, introducing a more streamlined client area with improved load speeds. It also launched a social trading community for idea exchange.
  • With leverage reaching 1:1000, traders can significantly boost their positions. This offers increased market exposure and the chance for amplified profits or losses.
  • The variety of cryptocurrencies for trading includes popular choices like ADA, BTC, and ETH, alongside niche options such as YFI, YFII, and ZEC.
  • Flexible accounts with STP and ECN options are on offer for traders.
  • Proprietary trading accounts featuring several funding levels.
  • Capability to deposit and withdraw using Bitcoin
  • Promotional incentives and trading challenges
  • Minimal initial deposit starting at $10.
  • Speedy withdrawal handling
  • Leverage ratios as high as 1:500 enable traders to maximise potential returns.
Cons
  • SimpleFX functions with limited regulatory oversight, enabling it to provide high leverage. This means it is subject to less stringent scrutiny from regulators than brokers such as IG, which operate under strict regulatory environments.
  • While Bloomberg TV news and the economic calendar provide useful information, the absence of research tools such as Autochartist and Trading Central places traders at a significant disadvantage when seeking to identify opportunities.
  • The educational resources are adequate but could be improved. The 'Opinion' section requires more frequent updates. Adding video tutorials on market analysis and risk management would greatly benefit novice traders.
  • The limited availability of non-crypto funding methods is a drawback for traders who prefer more diverse and convenient ways to manage their accounts.
  • Not overseen by a credible authority.
  • A limited variety of asset categories
  • Insufficient educational materials and additional features.
Awards
  • Best Support 2023, Crypto Expo Europe
  • The Best Trading Platform Cryptocurrency, World Expo 2022 - Warsaw
  • Best Mobile App 2020 - Rankia Awards
  • The Best Trading Platform, Finance World Expo 2019 - Zug
  • Best Cryptocurrency Trading Platform, Cryptocurrency World Expo 2018 - Berlin
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Indices, Stocks, Commodities, Cryptos Forex, indices, cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSC Pending
Mobile Apps
iOS, Android + WebTrader iOS and Android
Trading App

SimpleFX provides a proprietary app for both Apple and Android mobile devices. The application boasts a user-friendly design, facilitating easy opening and closing of trades with access to the broker’s 220+ tradable assets. However, occasional unresponsiveness during testing, alongside an average charting package, means it won’t meet the needs of highly active traders.
iOS App Rating
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4.4
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5
Android App Rating
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3.8
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4.1
Margin Trading
Yes No
MetaTrader 4
Yes No
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
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes 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 No
Social Trading
Yes No
Trade Signals
Yes No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
3%
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Commodities
  • Copper
  • Palladium
  • Platinum
  • Gold
  • Silver
  • Oil
  • Cocoa
  • Coffee
  • Cotton
  • Corn
  • Natural Gas
  • Soybeans
  • Sugar
  • Wheat
  • Gold
  • Silver
CFD
SimpleFX offers leveraged trading options up to 1:1000 across key assets like stocks, indices, currencies, and commodities. The platform's social community is a valuable resource for gaining insights into CFD strategies and short-term trading opportunities. Engage in trading CFDs across forex, shares, metals, energy commodities, indices, cryptocurrencies, and dollar futures. Sage FX provides competitive spreads and significant leverage ranging from 1:100 to 1:500 on all products.
Leverage
1:1000 1:500
FTSE Spread
1.3 5.0
GBPUSD Spread<
1.2 0.9
Oil Spread
0.04 0.04
Stocks Spread
Variable N/A
Forex
SimpleFX offers a wide range of approximately 60 currency pairs, including major pairs such as GBP/USD and exotic ones like CHF/PLN. Trading fees are competitive, with an average of 0.9 pips for EUR/USD in tests. Designed for online currency trading, MetaTrader 4 can be accessed on desktop, web, and mobile platforms. Engage in trading 7 major, 21 minor, and 29 exotic forex pairs with significant leverage. Select between STP or ECN account options. Enjoy 24/7 support and access to TradeLocker forex software.
Assets
57 57
GBPUSD Spread
1.2 0.9
EURUSD Spread
0.9 0.9
EURGBP Spread
1.0 2.5
Cryptocurrency
SimpleFX excels in its crypto trading environment, which now includes an expanding selection of tokens, such as Bitcoin, Ethereum, and Filecoin, paired with USD, enhanced further in 2024. The platform's crypto accounts facilitate seamless trading, catering to crypto enthusiasts. Moreover, its tailored staking service enables capital to be leveraged for margin trading. Trade CFDs with leverage up to 1:100 on 23 cryptocurrency pairs with USD. This includes major tokens such as Bitcoin and Ether, along with lesser-known options like OMG. However, note that pairs involving only cryptocurrencies are not available.
Spread
45.57 Floating
Coins
  • ADA
  • APE
  • ARB
  • AVA
  • BCH
  • BNB
  • DASH
  • DOT
  • EOS
  • ETC
  • ETH
  • FET
  • FIL
  • INJ
  • LNK
  • LTC
  • MATIC
  • NEO
  • SOL
  • TIA
  • WAVE
  • XTZ
  • YFI
  • ZEC
  • BTC
  • XRP
  • LTC
  • DASH
  • ETH
  • EOS
  • NEO
  • TRX
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
SimpleFX Sage FX
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