Savius Review: A Sincere Look at the Prop Trading Scene
Are you on the lookout for a prop trading firm that’s not just about numbers but also cares about your growth as a trader? Look no further than Savius! This isn’t your typical trading platform. Savius is all about discovering and nurturing the potential of aspiring traders globally. Ready to learn more? Let’s hop into this insightful Savius review.
General information | |
Name | Savius |
Type of company | Prop Firm |
Regulation status | No regulation expected |
Warnings from Financial Regulators | No official warnings |
Website link | https://saviusllc.com/ |
Active since | 2013 |
Registered in | Via Balestra, 96900 Lugano, Italy |
Contact info | +39 351 067 1063, [email protected] |
Trading platforms | Web |
Majority of clients are from | Italy, United States, Spain, Germany, Switzerland |
Customer support | Phone and email |
Compensation fund | No |
About the Business
Savius LLC is a prop trading firm that offers coaching material, courses, and many tools. Savius, with its roots in Delaware, is not a run-of-the-mill trading firm. They pay you while you trade! That’s right, this company is about supporting its traders financially from the get-go. What’s more, they offer top-notch training tools and resources. They truly make sure you’re well-equipped for your trades.
In 2020, a change in leadership brought Gianluca Lambusta to the helm as CEO and Senior Trading Coach. The mission? Opening the doors of a proprietary firm to professionals, allowing them to trade with funded accounts, minus the risk to their savings. Tiziano Bruno, Senior Trader turned CEO, played a crucial role in this groundbreaking initiative, especially in Italy.
Trading Programs
Are you thinking about becoming a funded trader with an 80% profit share? If the answer is yes, this prop firm has a 3-step program just for you. It starts with a challenge, moves on to validation, and concludes with you raking in real profits through successful trading.
They had many different challenges in the past, but we will talk about the most recent ones.
On their website, you can take on the Fearless and Antiprop challenges to showcase your skills. For instance, the Fearless challenge is divided into 6 parts. Namely, each asks you to flaunt your trading finesse while following Savius’ guidelines. Let’s take a closer look at the Fearless challenge below!
Tip: So, when you take a peek at the Pax Forex website, it truly seems legit. They’re bragging about being an award-winning broker, and their website indeed looks decent. But hold up before you toss in your money. Keep in mind that appearances can be tricky. So, always do your research before trusting any company.
Step 1 Demo
- Initial Demo Capital: $500,000
- Max drawdown: $10.000
- Profit aim: $12.000
- Challenge cost: €999
Step 2 Demo
- Initial Demo Capital: $500,000
- Max drawdown: $15.000
- Profit aim: $18.000
- Challenge cost: €999
Step 3 Demo
- Initial Demo Capital: $500,000
- Max drawdown: $20.000
- Profit aim: $22.000
- Profit share: 10%
- Challenge cost: €999
Step 4 Real
- Initial Real Capital: $500,000
- Max drawdown: $25.000
- Profit aim: $27.000
- Profit share: 20%
- Challenge cost: €999
Step 5 Real
- Initial Real Capital: $500,000
- Max drawdown: $30.000
- Profit aim: $33.000
- Profit share: 30%
- Challenge cost: €999
Step 6 Real
- Initial Real Capital: $500,000
- Max drawdown: $35.000
- Profit aim: $338.000
- Profit share: 35%
- Challenge cost: €999
Conditions – Sharing Profits and More
Let’s talk about profit sharing. We all know that this is a crucial part of their challenges. In general, this is a crucial part of every proprietary trading company. Depending on your chosen package, you can grab a 70% or 80% profit share in the third step. It involves claiming a slice of the profit share once you hit the target. Moreover, the rest will come your way in the next step.
Daily drawdown, set at 50% of the maximum drawdown, is your daily companion here. Watch out for those limits, though! Cross them, and your challenge may be marked as “failed.” Maximum drawdown, linked to the highest equity, acts as your safety net, preventing big losses. Keep that in mind.
Savius Trading Platforms
When it comes to trading, the tools at your disposal matter, and Savius understands that well. For futures, Savius offers the option of using VolSys or VolBook licenses from Volumetrica Trading.
If you’re diving into forex, they’ve got you covered with MetaTrader 4 (MT4). Rithmic’s R-Trader Pro and NinjaTrader are also available for those who prefer these platforms. It’s important to note that this firm operates on the assumption that you are already familiar with the chosen platform. This means no extra support is provided for this.
Tip: Have you heard of Blackwell Global? This is a UK-based company regulated by the Financial Conduct Authority, the official regulatory body for that state. Also, a fun fact is that they were previously registered with CySEC and FSP. Yet, with the latest updates, this broker has withdrawn the Cyprus license and is focusing on its UK branch.
Savius Reviews on Trustpilot
Curious about what other traders have to say? According to Trustpilot, this company shows an impressive 4.6-star rating from many successful Savius traders. These positive reviews highlight the reliability of this trading company. Truly, it’s a reassuring sign when the community gives the nod of approval!
When trading online, it’s advisable to stick to tools and firms with a solid reputation of 4.5 stars and above. This is vitally important! Make sure you do this for a safe trading experience.
Explore Earning Opportunities in Trading
Ready to dive into online trading and turn those investments into profits? Making money from online trading is now more accessible than ever! This is a fact! What’s more, our team is here to coach you every step of the way.
Exciting news – we’re thrilled to announce the launch of our new product, proprietary trading! Partner with us and potentially earn up to a mind-blowing $180,000. Take the leap, and let’s make those financial goals a reality!
Final Words
As you can see, Savius prop firm provides a comprehensive platform for traders. They offer diverse tools and platforms to suit different trading preferences.
As we wrap up our review, we want to remind you of our exclusive offer in the world of proprietary trading! Unlike traditional firms, our program opens the door for clients to potentially earn up to $180,000. Take a moment to explore this option and step into a new domain of trading possibilities.
FAQs
What is Savius?
Savius is a prop trading firm that has many benefits for traders.
Is Savius Legit?
Yes, Savius is legit. They have relatively positive Trustpilot ratings.
What is Proprietary Trading?
Proprietary trading is when a company trades with its own funds, not clients', aiming for profit.