XBTFX vs Sage FX

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

XBTFX vs Sage FX Comparison Table 2024

XBTFX	Sage FX
2	3
XBTFX is ranked #97 among CFD brokers.	Sage FX is ranked #58 among CFD brokers.
Review	Review
XBTFX is a fintech broker offering trading opportunities on 200+ instruments via the powerful MT4, MT5 or cTrader terminals. The low minimum deposit, copy trading services and competitive trading fees makes it an appealing brand for traders of all strategy types. The broker has a decent client base of 10,000.	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.
Pros
I'm a fan of the transparent ECN pricing model with competitive spreads from 0.01 pips and commissions of $3.50 per lot per side I was glad to see copy trading is available via the MT5 terminal or through the broker's PAMM/MAM accounts I appreciate the low minimum deposit requirement of $10 plus a demo account, making the brand suitable for beginners Standard, ECN and Islamic account types cater to various trading strategies that require different pricing models There are no deposit and withdrawal fees, plus I'm impressed that the broker facilitates same day withdrawal processing	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
Cons
XBTFX is an unregulated broker meaning there are no requirements to comply with financial safeguarding measures for customers I noticed that there is quite limited educational content for beginners available and much of the financial market news is outdated I'm disappointed that the only funding currencies are EUR or cryptos	Not regulated by any reputable body Relatively narrow range of asset classes Lacks educational resources and other extra features
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities	Forex, indices, cryptos
Demo Account
Yes	Yes
Minimum Deposit
$10	$10
Payment Methods
	Credit Cards Mastercard Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	Pending
Mobile Apps
iOS & Android	iOS and Android
iOS App Rating
Android App Rating
Margin Trading
Yes	No
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
Yes	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
Yes	Yes
DMA Account
Yes	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
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Social Trading
No	No
Trade Signals
	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
Islamic Account
Yes	No
Account Currencies
USD	USD EUR GBP CAD AUD
Commodities
Oil Silver	Gold Silver
CFD
I found a fairly decent range of 200+ CFDs across 5 asset classes on the MT4, MT5 or cTrader terminals. I particularly like the copy trading solutions, STP execution and the fact that you can get started with just $10.	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.
Leverage
1:500	1:500
FTSE Spread
Variable	5.0
GBPUSD Spread<
Variable	0.9
Oil Spread
Variable	0.04
Stocks Spread
Variable	N/A
Forex
XBTFX offers a large list of 70+ major, minor and exotic currency pairs such as EUR/USD or GBP/JPY. I find spreads very competitive starting from 0.01 pips and leverage up to 1:500 for experienced investors.	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.
Assets
79	57
GBPUSD Spread
Variable	0.9
EURUSD Spread
Variable	0.9
EURGBP Spread
Variable	2.5
Cryptocurrency
There's an excellent range of 70+ cryptocurrency vs USD pairs such as BTC/USD, ETH/USD and XRP/USD with leverage up to 1:25. My tests also found competitive commission fees of 0.075%.	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.
Spread
Variable	Floating
Coins
BTC BCH ETH LTC XRP BNB BAT DASH EOS ETC IOTA NEO OMG TRX XLM XMR ZEC ADA DOGE SOL DOT LINK MTC UNI ALG FIL MKR	BTC XRP LTC DASH ETH EOS NEO TRX
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
XBTFX	Sage FX
Review	Review
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