Savexa Forex Broker

Savexa Review SummaryFounded2015Registered Country/RegionComorosRegulationNot RegulatedMarket InstrumentsForex, Commodities, Indices, Cryptocurrencies, Stocks, MetalsDemo Account/LeverageUp to 1:400SpreadFrom 2.5 pips (Classic account)Trading PlatformWebTraderMinimum Deposit/Customer SupportLive Chat, Contact FormPhone: +447822107974Email: support@savexa.comSocial Media: Facebook, Twitter, Instagram, YouTube, LinkedInRegional RestrictionsThe USA, Canada, Russia, Belarus, Iran, Iraq, North Korea, Europe, the United KingdomSavexa 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.Pros and ConsProsConsNegative balance protectionNot regulatedVarious trading marketsRegional restrictionsFive account typesDemo accounts unavailablePopular payment methodsAccount maintenance fee chargedLive chat availableIs 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!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 AssetsAvailableforex✔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 TypeClassicSilverGoldPlatinumVIPSpread from2.5 pips2.5 pips1.8 pips1.4 pips0.9 pipsStop-out20%20%20%20%20%Swap DiscountNoneAvailableAvailableAvailableAvailableMargin & 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❌/BeginnersMT5❌/Experienced tradersDeposit 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 WithdrawalCredit Cards$10Wire Transfers$100 Withdrawals typically take 8 to 10 business days, depending on the trader's banks processing time.