Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Savexa Pros & Cons
- Access to trading Forex, stocks, indices, cryptocurrencies, metals, and other commodities.
- Negative balance protection is provided for all clients.
- User-friendly WebTrader trading platform with technical analysis tools and a customizable interface.
- Flexible trading conditions with a choice of different account types.
- There are no deposit fees and a free first withdrawal is offered upon meeting certain conditions.
- There are multiple funding and withdrawal methods available, including bank cards, transfers, and e-wallets.
- A comprehensive educational center featuring courses, video tutorials, and an e-book library.
- Withdrawal processing can take 8 to 10 business days.
- There is no referral program, PAMM accounts, or copy trading.
TU Expert Verdict
Savexa carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
Savexa User Reviews
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5-star
33%
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4-star
0%
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3-star
67%
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2-star
0%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria2 /10The trading and non-trading commissions of Savexa have been analyzed and rated as having High fees, with a fees score of 2/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- No deposit fee
- Above-average Forex trading fees
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Is Savexa Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.7 /10Savexa has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 11 years
- Not tier-1 regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.7.1 /10Savexa offers the following account options: Demo, Standard, VIP.
However, Savexa does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.
- Standard account with balanced trading conditions
- Demo account
- Exclusive VIP account with enhanced trading conditions
- No ECN/Raw spread account
- No Cent account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10Savexa received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.8 /10Savexa offers a limited selection of trading assets compared to the market average. The platform supports 160 assets in total, including 46 Forex pairs.
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Trading Account Opening
We successfully registered an account with Savexa in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Savexa is $250.Score:We evaluated Trading Account Opening at Savexa by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at Savexa by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.8 /10
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Savexa Video Guides
FAQs
How are Savexa’s trading commissions and non-trading fees structured?
Savexa is assessed as having high overall fees, with a fee score of 2/10, and above-average Forex trading costs on its Standard accounts, where commissions are included in floating spreads (e.g., EUR/USD typically ranges from 0.9 to 2.5 pips and GBP/USD from 1.3 to 3.1 pips). Non-trading fees include no deposit fee, withdrawal fees ranging from 0–3.5% or $0–$30, and a monthly inactivity fee of $100.
What account types and trading conditions are available with Savexa?
Savexa lists Demo, Standard, and VIP accounts, and also describes Classic, Silver, Gold, Platinum, and VIP accounts, all with a minimum deposit of $250 and leverage up to 1:400 on the Classic account. Spreads start from 2.5 pips on Classic, 1.8 pips on Gold, 1.4 pips on Platinum, and 0.9 pips on VIP, while micro lots, Cent accounts, and ECN/Raw spread accounts are not available.
What do Savexa user reviews say about overall client satisfaction?
Savexa has a user satisfaction score of 7.3/10 based on 3 reviews, with 33% 5-star and 67% 3-star ratings, indicating a mixed overall impression. According to user reviews, experiences are neither strongly positive nor strongly negative, suggesting that clients see both advantages and drawbacks.
What deposit and withdrawal options and fees do Savexa clients mention in reviews and feedback?
Savexa supports deposits and withdrawals via bank cards and bank wire transfers, with no deposit fee and a low minimum withdrawal amount of $1. A withdrawal fee applies, USDT and PayPal are not supported, and the minimum deposit is $250, while any additional user feedback on processing speed or reliability is not specified in this section.
Which markets and instruments can be traded with Savexa, according to available reviews and information?
Savexa offers 160 tradable assets, including 46 currency pairs, as well as stocks, crypto, commodity futures, and stock indices, but does not provide options. Investment-style products such as bonds, ETFs, copy trading, PAMM investing, and managed accounts are not available, and specific user reviews or comments on these offerings are not detailed in this section.
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