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, OANDA and FOREX.com, 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
- Low minimum deposit
- Demo account
- Micro lots are not available
- 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
What does Savexa’s regulation and safety profile indicate for traders?
Savexa has a safety score of 4.7/10, which corresponds to a low security level in this review. It is regulated by the Mwali International Services Authority (MISA) in The Comoros, a Tier-3 regulator, and offers negative balance protection and mandatory KYC, but it is not Tier-1 regulated and there is no specific investor compensation fund mentioned.
What trading account types and conditions does Savexa provide?
Savexa offers several live account types, including Classic, Silver, Gold, Platinum, and VIP, all with a stated minimum deposit of $250. These accounts differ in features such as spreads (from 2.5 pips on Classic down to 0.9 pips on VIP), access to 160+ CFDs, swap discounts, additional educational materials, and enhanced or priority support, while micro and cent accounts are not available.
What do Savexa user reviews and feedback reveal about client satisfaction?
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 do Savexa clients describe its deposit and withdrawal options in reviews?
The section states that Savexa has a low score of 4.5/10 for the efficiency and convenience of its deposit and withdrawal processes, with limited payment methods such as bank cards and bank wire transfers. It notes that only USD is available as a base account currency, BTC and USDT are not accepted, and the minimum deposit is $250 with a minimum withdrawal of $1, while any detailed user feedback beyond this is not specified in the review.
How straightforward is the Savexa trading account opening process based on user feedback?
The review indicates that opening an account with Savexa took 7 minutes, with KYC verification completed within 1 business day and a minimum deposit of $250, and describes the onboarding as one of the more accessible processes on the market. The steps include online registration, choosing an account type, uploading verification documents, and waiting for account confirmation, while specific user feedback or comments on this process are not detailed in the section.
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