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.
Savexa is an online broker that provides access to trading over 160 CFD assets, including Forex, cryptocurrencies, stocks, indices, metals, and commodities. Its web-based trading platform is equipped with advanced analytical tools and an economic calendar integrated with Trading Central. The company focuses on security and transparency, using cutting-edge data encryption, negative balance protection, and strict client verification requirements. Savexa is regulated by MISA (Mwali International Services Authority) and is designed for active trading. Clients have access to personalized 24/7 support and various deposit and withdrawal options. The broker does not provide services to the U.S., Canada, Russia, Belarus, Iran, Iraq, North Korea, Europe, or the United Kingdom residents.
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
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1-star
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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, OANDA and FOREX.com, to provide the most comprehensive information.
- No deposit fee
- Above-average Forex trading fees
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Savexa with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Savexa’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Savexa Standard spreads Savexa OANDA FOREX.com EUR/USD min, pips 0.9 0.1 0.7 EUR/USD max, pips 2.5 0.5 1.2 GPB/USD min, pips 1.3 0.1 0.9 GPB/USD max, pips 3.1 0.5 1.4 Does Savexa support RAW/ECN accounts?
As we discovered, Savexa does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Savexa. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Savexa Non-Trading Fees Savexa OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0-3.5 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0-30 0-15 0 Inactivity fee ($, per month) 100 0 15 -
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
Savexa Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level Abbreviation MISA (Mwali) Full Name Mwali International Services Authority Country of regulation The Comoros Investor Protection Fund No specific fund Regulation Level Tier-3 Savexa Security Factors Foundation date 2015 Negative balance protection YesVerification (KYC) Yes -
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, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Exclusive VIP account with enhanced trading conditions
- Low minimum deposit
- No Cent account
- No ECN/Raw spread account
Savexa account types vs top competitors Savexa Trading.com Plus500 Standard YesYesYesECN/Raw spread NoNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP YesNoNoManaged NoNoNoSavexa accounts trading conditions
Savexa offers access to financial markets through different account types, catering to both beginners and experienced traders. Clients can choose from several pricing plans, each varying in spreads, commissions, support levels, and additional benefits.
Available accounts are:
Account Type Description Classic A basic account with leverage up to 1:400, access to 160+ CFDs, and spreads starting from 2.5 pips. The minimum deposit is $250. Silver Includes all Classic account benefits plus swap discounts. The minimum deposit is $250. Gold Offers tighter spreads from 1.8 pips and additional educational materials. The minimum deposit is $250. Platinum Provides spreads from 1.4 pips and enhanced client support. The minimum deposit is $250. VIP A premium account type with minimum spreads starting from 0.9 pips and priority service. The minimum deposit is $250. -
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.
Savexa offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- Bank wire transfers available
- Minimum deposit below industry average
- No deposit fee
- USDT payments not accepted
- Withdrawal fee applies
- PayPal not supported
What are Savexa deposit and withdrawal options?
Savexa offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making Savexa less competitive for those seeking diverse payment options.
Savexa Deposit and Withdrawal Methods vs Competitors Savexa Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are Savexa base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Savexa supports the following base account currencies: USD.
What are Savexa's minimum deposit and withdrawal amounts?
The minimum deposit on Savexa is $250, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Savexa’s support team.
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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.
- Crypto trading
- 46 supported currency pairs
- Indices trading
- Bonds not available
- No ETFs
Supported markets vs top competitors
We have compared the range of assets and markets supported by Savexa with its competitors, making it easier for you to find the perfect fit.
Savexa Trading.com Plus500 Currency pairs 46 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 160 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products Savexa offers for beginner traders and investors who prefer not to engage in active trading.
Savexa Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
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 /10We 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. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Quick KYC verification (1 business day or less)
- Fully online account opening process
- Low minimum deposit requirement
- Account setup process may feel less convenient for beginners
Savexa account opening Savexa Trading.com Plus500 Online Registration YesYesYesMinimum deposit $250 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 7 20 KYC time (days) 1 2 3 Is Savexa available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
Opening an account with Savexa consists of a few simple steps:
Registration. Fill out the registration form on the official website, provide personal details and contact information, and create a password.
Choosing an account type. Select the most suitable live account based on preferences and experience level.
Verification. Upload identity verification documents such as a passport or driver’s license, along with proof of address (e.g., bank statement or utility bill).
Account confirmation. Once the submitted documents are verified, the broker activates the live account, granting access to fund deposits.
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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 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
InformationSavexa’s support service operates 24/7 and is available in multiple languages, including Hindi, English, Japanese, and Korean.
- Multilingual support
- Chat with support 24/7
- There is no support via popular messengers
Clients can contact Savexa via:
- Live chat on the website.
- Email.
- Phone.
- Contact form.
- Online assistant in the user account section.
Contacts Foundation date 2015 Registration address Bonovo Road, Fomboni, Island of Moheli, Comoros Union Regulation MISA Licence number:
BFX2024065Official site https://www.savexa.com/en/ Contacts info@savexa.com
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FAQs
How is Savexa regulated and what does its safety score indicate for traders?
Savexa is regulated by the Mwali International Services Authority (MISA) in The Comoros, which is classified as a Tier-3 regulator and does not have a specific investor protection fund mentioned in the review. The broker has a safety score of 4.7/10 and a Low security level, though it does provide negative balance protection and requires KYC verification, and has been operating since 2015.
What account types and trading conditions are available with Savexa?
Savexa offers Demo, Standard, and VIP accounts, with specific live account tiers labeled Classic, Silver, Gold, Platinum, and VIP. These accounts differ in spreads, support levels, and benefits such as swap discounts, educational materials, and priority service, with all listed accounts having a minimum deposit of $250 and leverage up to 1:400 on the Classic account.
What do user reviews and feedback say about overall satisfaction with Savexa?
Savexa has a user satisfaction score of 7.3/10 based on 3 reviews, with 33% of ratings at 5 stars and 67% at 3 stars. According to user reviews, overall sentiment is mixed rather than strongly positive or negative.
How are Savexa’s deposit and withdrawal methods, fees, and limits described in reviews?
Savexa has a Low safety score of 4.5/10 for its deposit and withdrawal processes, with limited payment options restricted to bank cards and bank wire transfers and only USD as a base currency. The broker charges withdrawal fees, has no deposit fees, and sets a minimum deposit of $250 and a minimum withdrawal of $1, though the review notes that flexibility is limited and costs may be higher.
What customer support options and service quality are mentioned in feedback about Savexa?
The review notes that Savexa’s customer support operates 24/7 in multiple languages, including Hindi, English, Japanese, and Korean, and can be reached via live chat, email, phone, contact form, and an online assistant. However, it also mentions that response speed and depth of assistance were below expectations in testing, and that there is no support via popular messengers, which may lead to delays and repeated contact.
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