SAVIUS TRADING REVIEWS
Savius Trading is a fast rising prop firm with traders all across the United States of America. The company is looking for funding talent in the finance sector with the intention of providing traders with the fundings and support they need to pursue trading as a respectable career.
This post is a review about Savius Trading Prop firm, what makes them different in the forex prop market, and also, what other traders have to say concerning them.
- Location: Dalaware, USA
- Year of establishment/ no. of years in operation: 2013 / 9 years
- Number of verified traders: 1,200
- Broker: 8cap
For all you need to know about the firm, profit split, faq, support and all, visit this comprehensive page containing their Profile in unsparing details.
Savius Challenge Program
Savius Trading Prop Firm allows traders to partake in two challenges, which are;
- Savius Limitless Forex challenge
- Savius Limitless Forex pro challenge
You have the opportunity to take part in and demonstrate your trading skill in the Savius Limitless and Savius Limitless PRO challenges for a chance to open an account with up to $250,000 in capital.
There are 3 stages to the two challenges that you must finish. You must show off your trading skills during each of these stages while following Savius’ instructions for money management.
Savius Limitless Forex
The Savius Limitless Forex challenge requires that you meet a 6% profit percentage with 6% maximum drawdown, a minimum of 10 trading days and 10 number of trades with a 1:200 trading leverage, within a period of 30 days. You can also trade news and hold trades overnight.
The Savius Limitless Forex Challenge costs €249
Savius Limitless Pro challenge
The Savius Limitless Forex challenge requires that you meet a 7% profit percentage with 8% maximum drawdown, a minimum of 10 trading days and 10 number of trades with a 1:200 trading leverage, within a period of 30 days. You can also trade news and hold trades overnight.
The Savius Limitless Forex Challenge costs €499
The starting capital for both accounts is $50,000 which will increase as you move from one stage to another.
For a detailed breakdown of the two packages, click here.
Savius Prop firm offer education to their traders via various insightful posts on their blog to keep them abreast of current information. You can access their blog here
Savius Maximum Drawdown
The maximum DD is determined by using top equity and is a form of “trailing” drawdown. An initial balance of $50,000, for instance, indicates that I would fail the test at $48,000.
My lowest cutoff would be 53k if the balance increases to 55k.
Click here to see the list of prop firms that allow Copy Trading.
Traders Comment On Savius Prop Firm
Before you start trading with any prop firm, it is important to research and know the strength and weaknesses therein. You can do this by checking platforms like Trustpilot.
Here is what Traders have to say about Savius Prop firm. Although only two traders wrote their testimony in English.
May 19, 2022
Very good customer service when doing step 1 challenge. (Daniele)
Able to assist to adhere to my request of getting back the same account number as the EA license is tagged to the account number.
It’s a very good platform.
I will provide further further once I passed Step 3 challenge and gotten the profit as whoever are looking at this comment will be skeptical about this prop firm.
As long as I receive profit, it should be good to go for other players to ease your mind 🙂
Mario la Rocca
Aug 4, 2022
As at the time of this post, Savius has only two reviews in English on trustpilot. It is important to point out that both reviews are excellent. You may follow your gut in trading with them or opt for other prop firms with stronger testimonies from lots of traders’ experiences.
Better still, you can read my post on things to consider in choosing a prop firm here
You may also check out our comprehensive and unbiased reviews of all other prop firms on this page >> Prop Firm Reviews.