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.
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Savexa User Reviews
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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 an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.
- Demo account
- Low minimum deposit
- Standard account with balanced trading conditions
- No ECN/Raw spread account
- Micro lots are not available
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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 do Savexa’s regulation and safety measures compare according to reviews and expert assessments?
Savexa is regulated by the Mwali International Services Authority (MISA) in The Comoros, which is classified as Tier-3 regulation and is associated with a safety score of 4.7/10, indicating a low security level in the TU assessment. The broker offers negative balance protection and requires KYC verification, but it is not Tier-1 regulated and there is no specific investor compensation fund mentioned in this section.
What do reviews and data say about Savexa’s trading commissions and non-trading fees?
According to the provided analysis, Savexa’s overall fee level is rated as high, with a commissions and fees score of 2/10. The broker has above-average forex trading spreads (for example, EUR/USD typically ranges from 0.9 to 2.5 pips) and charges withdrawal fees of 0–3.5% (or $0–30) plus a $100 monthly inactivity fee, while deposits are free.
What account types and conditions does Savexa provide, based on available information and feedback?
Savexa offers Demo, Standard, and VIP account categories, and within its live accounts it lists Classic, Silver, Gold, Platinum, and VIP options, all with a minimum deposit of $250. These accounts differ mainly in spreads (from about 2.5 pips on Classic down to 0.9 pips on VIP), support level, swap discounts, and access to educational materials, while ECN/Raw spread and Swap Free accounts are not available according to this section.
How are Savexa’s deposit and withdrawal methods and limits described in reviews and platform information?
Savexa supports deposits and withdrawals via bank cards and bank wire transfers, with a minimum deposit of $250 and a minimum withdrawal of $1, but it does not accept BTC or USDT and only offers USD as a base account currency. There are no deposit fees, while withdrawals may incur fees and the broker is rated with a low score of 4.5/10 for the efficiency and convenience of its funding processes.
What do reviews and comments indicate about Savexa’s customer support quality?
The customer support section notes that Savexa 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, based on available user reviews and testing, response speed was below expectations, assistance was limited in depth, and traders may need repeated contact to resolve issues.
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