Savius review
Savius review
Updated on: 2022-02-24
Savius is one of the established Prop firms which offers funding to its traders. If you don’t know what prop firms are, let us briefly explain. Prop firms provide funds for traders instead of trading for them. This is very helpful for traders since they can grow faster. When you work with your own capital it’s a long road to return the investment and make noticeable profits. The size of the starter capital is very important since it can determine your growth speed. Of course, if you have a big capital, you don’t need prop firms, but most of the traders don’t have it.
Read all about it on our article “is proprietary trading legit?“.
When working with prop firms there are profit targets, allowed amounts of risks, time to hit the milestone, drawdowns, etc. Those vary from firm to firm as well as the profit split percentage. You should find the best firm for you that resonates with your knowledge and expertise and offers requirements that you find doable.
Watch this short video to get a good idea about SAVIUS: the company, the online presence, the rules and evaluation programs.
About Savius
Savius have been pioneer in this ecosystem since 2014, it’s owned by Gianluca Lambusta, and run by its CEO Tiziano Brunno, whom we interviewed last year for our blog. The team at Savius believes that traders can, and should, turn their trading into full-time jobs. Savius Prop firm is constantly working on developing new strategic models and researching fluctuations in the market to adjust its approach. A strictly mathematical approach when it comes to managing risks and returns is what provides great results for their traders.
Savius provides real money capital that you access after the evaluation phase. They cover all the losses that might appear. Your profits are paid monthly and you always have the support of their team. Savius support team works in five different languages so you really have a chance to understand the process.
There are several offers for those who want to become traders and those who already are. Savius Trading camp is perfect for those who want to learn how to trade and become successful. Savius Limitless and Savius Forex with their Pro options are challenges for experienced traders.
They operate on the following US markets CME, NYMEX, CBOT, and COMEX. They also provide access to EUREX: this is rather unique! Both e-mini and micro contracts!
But that’s not all: since early 2022 they are offering trading challenges for Forex traders as well! The only other prop firm able to offer this is Topstep, which proves how forward-thinking this small boutique company is!
So let’s take a look at the trading opportunities that this Prop firm offers.
Savius Trading camp
There’s no information about Savius Trading camp on their website. You need to send an email to get info about this program and what are the requirements to join. We understand that the trading is run by their partner company Chinooky: we have watched a number of webinars and we can tell you they are the real deal!
Take this as proof of it: their offer to participate in the “live trading room + signals” is limited to just 1 month, no more! That’s because they are certain you’ll find such exceptional quality that you’ll decide to learn their top strategies directly from them.
Most of the prop firms offer educational programs with theoretical and practical knowledge. This is different than other challenges since camps teach you to trade from scratch while funding programs require you to already be an experienced and skilled trader.
Savius Limitless Futures Challenge
This challenge is divided into four milestones where you show your expertise, skills, and experience. In the duration of the challenge, you need to show that you can follow established requirements for managing capital.
The cost of this challenge is one-time €249 and you get a demo capital of $50,000 in the first step. The first step comes with a maximum drawdown of $3,000 (6%) and a profit target of $3,000 (6%). The minimum number of days to trade is 10, you need to do at least 10 trades and a time limit for this step is 30 days. Holding trades overnight is allowed but you need to trade during the week and news release. Required consistency is 50%.
Step two carries the same requirements while step three brings some changes. In this phase your profits will be paid in real money in a profit split of 70%. A maximum drawdown is $3,000 (6%) and a profit target of $5,000 (10%).
The fourth step comes with a $100,000 real money account (yes, generous capital increase!) and a maximum drawdown of $4,000. Holding trades overnight and during the news release is allowed but you cannot trade during the weekend. The profit split is 80% and there’s no time limit to hitting the target.
You also receive a refund of your enrollment fee!
There are no steps five and six like there are for a Pro version of this challenge. Let’s take a look at the requirements for Pro Challenge.
Savius Limitless PRO Futures Challenge
The cost of this challenge is one-time €499 and you get a demo capital of $50,000 in the first step. The first step comes with a maximum drawdown of $4,000 (8%) and a profit target of $3,500 (7%). The minimum number of days to trade is 10, you need to do at least 10 trades and a time limit for this step is 30 days. Holding trades is allowed during the week, overnight, and during news releases. As it wil be on all following steps. Required consistency is 50% (they clarify better about this on their website).
This financing program stands out in the sector also because it is ideal for those who do SWING Trading!
It is unique in this industry to obtain a risk limit higher than the required profit target: it is a clear signal that Savius really wants you to become a financed trader (while other lenders are more interested in collecting the money from the registration to the competition).
The second step of the Pro version of this challenge comes with a maximum drawdown of $4,000 (8%) and a profit target of $2,500 (5%). The minimum number of days to trade is 10, you need to do at least 10 trades and a time limit for this step is 30 days. Required consistency is 50%.
The third step requires a maximum drawdown is $4,000 (8%) and a profit target of $5,000 (10%) From this phase onward your profits will be paid in real money in a profit split of 80%. Why so many steps? As my mantra goes: Patience, Patience, Patience!
The fourth step comes with a $100,000 real money account (yes! They offer a generous capital increase!) and a maximum drawdown of $4,000. The profit target is $5,000 with an 80% profit share and with no time limit.
It’s at this point that you receive a refund of your enrollment fee! Nice!
The fifth step comes with a $150,000 real money account and a maximum drawdown of $6,000. The profit target for this step is $10,000. Holding trades overnight and during the news release is allowed but you need to trade during the week. This step brings the possibility of producing a Savius training course. You also get a fixed salary of $1,000 per month, 80% profit share, and access to the exclusive Group of Trader Savius.
The sixth step comes with a $250,000 real money account and a maximum drawdown of $10,000. Holding trades overnight and during the news release is allowed but you need to trade during the week. This step brings the possibility of employment in an American CTA. You also get a fixed salary of $1,000 per month, 80% profit share, and access to the exclusive Group of Trader Savius.
Savius Limitless Forex Challenge
This challenge also tests your skills in a given time frame with set requirements. The difference to Limitless Futures is that you trade with Forex in this challenge. Forex Limitless, as well as its Pro version, are also divided into steps that we’re gonna analyze.
The cost of this challenge is one-time €249 and you get a demo capital of $50,000 in the first step. Visit our Special Offers‘ page to obtain exclusive seasonal discounts!
The first step comes with a maximum drawdown of $3,000 (6%) and a profit target of $3,000 (6%). The minimum number of days to trade is 10, you need to do at least 10 trades and a time limit for this step is 30 days.
Holding trades overnight and news releases is allowed but you cannot trade during the weekend; this is valid for this and all further steps. Required consistency is 50%.
Step two carries the same requirements.
While step three brings some changes. In this phase, your profits will be paid in real money in a profit split of 70%. A maximum drawdown is $3,000 (6%) and a profit target of $5,000 (10%).
The fourth step comes with a $100,000 real money account, max drawdown $5,000 (5%). No more profit targets. Yes you got that right: your account just doubled in size! No broker would ever offer you this.
Maximum drawdown of $4,000. The profit split has gone up to 80% and there’s no limit to hitting the target.
Savius Limitless Forex PRO Challenge
The cost of this challenge is one-time €499 (an exclusive 100€ discount is available for you! email us about it) and you get a demo capital of $50,000 in the first step. The first step comes with a maximum drawdown of $4,000 (8%) and a profit target of $3,500 (7%). The minimum number of days to trade is 10, you need to do at least 10 trades and a time limit for this step is 30 days.
Limitless Pro is uniquely fit to the Swing Trader: you will be allowed throughout all the steps to hold trades open overnight, during the weekend, and relevant financial data releases. Use our Fundsfinder to find, using the “Intraday or Swing” filter on the right, the programs that allow you to do so, and compare them amongst each other, rule by rule.
Required consistency is 50% (find the details about it on their website).
The second step of the Pro version of this challenge comes with a maximum drawdown of $4,000 (8%) and a profit target of $2,500 (5%).
Again: pay attention here to the fact that the profit target is lower than the max loss limit: well done Savius!
The minimum number of days to trade is 10, you need to do at least 10 trades and a time limit for this step is 30 days. Required consistency is 50%.
The third step requires a maximum drawdown is $4,000 (8%) and a profit target of $5,000 (10%) In this phase your profits will be paid in real money in a profit split of 80%.
True, the profit target has grown here: but you have proven already that you can control risk, it’s just a matter of being veeery patient!
The fourth step comes with a $100,000 initial capital account and a maximum drawdown of $4,000. Yes! Your account just doubled in size! The profit target is $5,000 with an 80% profit share and with no time limit.
The fifth step comes with a $150,000 real money account (keeps growing!) and a maximum drawdown of $6,000. The profit target is $10,000. You also get a fixed salary of $ 1,000 per month on top of the 80% profit share.
The sixth step comes with a $250,000 real money account and a maximum drawdown of $10,000. No more profit target is set. This step brings the possibility of employment in an American CTA. You also get a fixed salary of $ 2,000 per month on top of the 80% profit share.
Conclusion
Savius is a boutique prop firm that has been pioneering this sector since 2014, that’s a looong time in this business!
They are able to provide you with trading education that is thought and built with the trading challenges in mind: risk management, no surprise here, is at its core!
And not just that: it’s the only prop firm out there, the only one, offering a fixed income to the best traders of the group.
Focusing on the challenges: in the first 2 steps, the risk allowed is higher than the profit target! We cannot stress enough how much this helps the trader in succeeding in the challenge; and very few funders can match this.
The Max Drawdown allowed is Trailing: but different and better than other Funders, is calculated only when the orders are closed, so neither unrealized profits nor loss are considered, ever. Great!
Limitless Pro, both for Futures and Forex, is ideal for the Swing Trader.
If you fail the evaluation period test you don’t have to purchase the challenge again at the full price. You can buy within the user area which makes it significantly less costly if you do it within two weeks from the failure of the trial. This way you will only pay €149 for both Limitless and Limitless PRO programs.
The profit shares are calculated at the end of the month and they don’t depend on if you reached a target for the next step or not.
50% consistency means that your one trading session can’t result in more than 50% of total profits. This prevents single trading sessions so that you can prove your consistency and not just performance.
After completing all six steps you have a possibility of joining the “Strategika” CTA. You also get more growth chances and customized collaboration suited to your needs.
If you’re thinking about applying to some of the funding programs that Prop firms offer, this is definitely one to take into consideration. By the way, we offer an exclusive discount coupon, visit our Special Offers page to know all about it.
Although there are not many online reviews about this company, it is very promising. Conditions and terms of use seem acceptable so why not give it a chance? To apply and learn more you can visit their website and start your evaluation process today. We hope that this review gave you a clearer picture of how this Prop firm works and that you have a better understanding of the trading and funding requirements when it comes to Savius Prop firm.
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