Savexa

Savexa is an online trading brokerage that operates under the corporate entity Trade Tide Ltd, registered in the Comoros Union. The broker’s official website is savexa.com, and it targets retail traders seeking leveraged forex and CFD exposure. According to our records, Savexa was founded on March 11, 2025, though the broker’s own website materials imply a longer history, describing itself as a top-tier platform without specifying a founding date. The registered address is Bonovo Road, Fomboni, Island of Moheli, Comoros.

Savexa claims regulation by the Mwali International Services Authority under license number BFX2024065, as stated in its General Fees document. The Mwali International Services Authority is an offshore regulator based in the Comoros Union, and it is not considered a major financial regulator equivalent to bodies like the FCA or CySEC. Our known facts file lists no regulators on file, indicating that this license may be the sole oversight claimed by the broker. Traders should be aware that offshore regulation often provides limited investor protection and recourse.

Savexa offers five retail account tiers: Classic, Silver, Gold, Platinum, and VIP. All accounts feature a maximum leverage of 1:400, access to over 160 CFD instruments, margin call at 100%, and stop-out at 20%. Spreads vary by account: 2.5 pips for Classic and Silver, 1.8 for Gold, 1.4 for Platinum, and 0.9 for VIP.

Swap discounts are available on Silver, Gold, Platinum, and VIP accounts, but not on Classic. The broker also states negative balance protection and free educational resources. No minimum deposit requirements are explicitly published on the website.

The broker’s proprietary WebTrader platform is browser-based, requiring no download, and is marketed for its speed and advanced charting tools. Savexa claims to offer over 160 CFDs spanning forex, commodities, indices, stocks, and cryptocurrencies. Specifically, it lists more than 45 forex pairs including majors, minors, and exotics. Instruments are available as CFDs, meaning traders speculate on price movements without owning the underlying asset. Leverage up to 1:400 is available across all asset classes.

Savexa maintains a social media presence on Facebook, Instagram, LinkedIn, and YouTube, though the extent of engagement is not detailed. The broker provides a client complaint procedure via a dedicated online form and an email address. Support is advertised as free and available to all account holders. No live chat, phone numbers, or specific support hours are listed on the website.

Our FXCanary Scam Risk Score for Savexa is 54 out of 100, indicating an elevated risk profile. This reflects the broker’s short operational history (founded in 2025), reliance on an offshore regulator, and lack of independent user reviews. The high leverage of 1:400 amplifies both potential profits and losses, which may not be suitable for inexperienced traders. The absence of a minimum deposit requirement is unusual and may warrant caution, as it could indicate low barriers to entry with potential risks.

Savexa appears to target retail traders who are comfortable with high leverage and a wide range of CFD instruments. The multiple account tiers cater to different trading styles and budget levels, from the lower-cost Classic to the VIP with tighter spreads. The web-based platform may appeal to traders who prefer not to install software. However, the lack of strong regulation and the high-risk nature of leveraged CFDs mean this broker is best suited for experienced traders who understand the risks involved.