Score

1.11 /10
Danger

Savexa

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Score

Regulatory Index0.00

Business Index3.93

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Trade Tide Ltd

Company Abbreviation

Savexa

Platform registered country and region

Comoros

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-08-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Savexa · Company summary
Savexa Review Summary
Founded2015
Registered Country/RegionComoros
RegulationNot Regulated
Market InstrumentsForex, Commodities, Indices, Cryptocurrencies, Stocks, Metals
Demo Account/
LeverageUp to 1:400
SpreadFrom 2.5 pips (Classic account)
Trading PlatformWebTrader
Minimum Deposit/
Customer SupportLive Chat, Contact Form
Phone: +447822107974
Email: support@savexa.com
Social Media: Facebook, Twitter, Instagram, YouTube, LinkedIn
Regional RestrictionsThe USA, Canada, Russia, Belarus, Iran, Iraq, North Korea, Europe, the United Kingdom

Savexa Information

Founded in 2015, registered in Comoros, Savexa is a trading platform. It offers access to a diverse range of market instruments, including forex, commodities, indices, cryptocurrencies, stocks, and metals. The platform supports high leverage of up to 1:400 and provides flexible spreads. Trading is conducted on the WebTrader platform.

Savexa's homepage

Pros and Cons

ProsCons
Negative balance protectionNot regulated
Various trading marketsRegional restrictions
Five account typesDemo accounts unavailable
Popular payment methodsAccount maintenance fee charged
Live chat available

Is Savexa Legit?

Savexa claims to offer negative balance protection for all account types. However, it currently has not been regulated by any authorities. Please be aware of the risk!

No license

What Can I Trade on Savexa?

Savexa claims to offer a diverse range of tradable products, including forex, commodities, indices, cryptocurrencies, stocks, and metals.

Trading AssetsAvailable
forex
commodities
metals
indices
stocks
cryptocurrencies
bonds
options
ETFs
funds

Account Type & Fees

There are five account types available on Savexa: Classic, Silver, Gold, Platinum, and VIP. An inactivity fee is charged for accounts that remain inactive for a specified period.

Account TypeClassicSilverGoldPlatinumVIP
Spread from2.5 pips2.5 pips1.8 pips1.4 pips0.9 pips
Stop-out20%20%20%20%20%
Swap DiscountNoneAvailableAvailableAvailableAvailable
Account comparison

Margin & Leverage

Savexa offers 100% margin call and leverage up to 1:400 for all account types. Please note that high leverage can amplify not only profits but also losses.

Trading Platform

Savexa offers its own WebTrader platform, which it claims to be a powerful trading tool that connects users to financial markets. You can explore real-time data, advanced analysis tools, and personalized insights to trade from anywhere, backed by expert guidance along the way.

Trading PlatformSupported Available Devices Suitable for
WebTrader Web/
MT4/Beginners
MT5/Experienced traders
WebTrader

Deposit and Withdrawal

The minimum withdrawal amount is 10 USD for credit cards and 100 USD for wire transfers. For e-wallets, any amount covering the fee is acceptable.

Withdrawal OptionsMinimum Withdrawal
Credit Cards$10
Wire Transfers$100

Withdrawals typically take 8 to 10 business days, depending on the trader's banks processing time.

News

Exposure10 Unlicensed Brokers Exposed – Check Now to Stay Safe!

Traders need to stay informed, as scam brokers are active in the forex market. It's a basic rule for forex beginners to stay updated and check the Warning List. Here is the Warning List of unauthorized brokers you should avoid.

WikiFX
2025-07-07 18:27
10 Unlicensed Brokers Exposed – Check Now to Stay Safe!

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