Savius LLC Review for 2024
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Last Updated: January 5, 2023
Savius Limitless + Savius Limitless Pro Breakdown
Cost:
€199-€399
(using 20% off code)
Initial demo capital:
$50,000
Max Evaluation Drawdown:
Savius Limitless - $3,000 (6%)
Savius Limitless Pro - $4,000 (8%)
Days to Funding:
20
Package:
NinjaTrader, Rithmic
Highlights:
One-time refundable payment, scalable accounts with increasing drawdown, salary and career opportunities.
But Savius LLC Website is in Italian...
Yup, it seems like English speaking traders are not the priority for the company, however, you can go around this by having your web browser translate the content on the site to English. If that is not very satisfactory for you, then maybe trying out other companies is a better choice. For that reason below you will find the top 3 picks that could get you started in the prop trading world.
Trailing Drawdown Evaluation Type
Apex Trader Funding
Promo 80% OFF: FXGWNPOA
EOC Drawdown
Bulenox Trader Funding
Promo 80% OFF: PMAM80
Static Drawdown Options
Uprofit Trader Funding
50% OFF on Static Drawdown Options
Current Savius Limitless Discounts
Quick Overview Of Savius Prop Firm
Established prop firm that offers traditional and unique approaches to funding traders from around the world. Futures and Forex traders have two trader funding and career programs.
Savius Limitless - 2 step evaluation before entering revenue mode with a generous profit split.
Savius Limitless Pro - 2 step evaluation with bigger maximum drawdown and smaller profit targets than Limitless. If profitable in funded environment traders start earning monthly salary on top of trading profits and unlock career opportunities with Savius.
Go to Savius Trader Funding to follow along with the detailed breakdown of one of the top programs in the space. Please note, primary language of the site is Italian. Click English flag in the top menu to change the language of the site.
Do not underestimate these trader funding program just because $50,000 virtual account size accounts are more expensive than competitors. Virtual size is irrelevant here. These programs offer better drawdown and profit targets than accounts with much higher virtual size. That's just the beginning. The evaluation fee is refundable once funded with real account and traders have opportunities to receive better accounts and stipend while withdrawing trading profits.
Joining Savius Experience
New and improved process allows traders to begin their trading journey with Savius extremely fast thanks to automated account creation and user performance tracking:
- Go to: Savius Trader Funding
- Select from 4 available packages with Limitless and Limitless Pro Available for both futures and Forex Programs
- To save 20% or 50EU on Limitless enter code "onlineproptrading50" at checkout
- To save 20% of 100EU on Limitless Pro career programs enter "onlineproptrading100" at checkout
Shortly after payment Rithmic account will be issued and traders are free to being the evaluation.
Trader Evaluation Process
Stage 1 - Demo Environment
Step 1 is pretty self-explanatory. Reach profit target without violation the drawdown. Place trades placed at least 10 days. Savius is very strong in trader freedom department. Constraints of note:
- Consistency 50% - No day can account for more than half of total profits
- Leverage and size - Savius starts traders out at reasonable amount of contracts to trade. Prop firm likes to see traders use sensible number of contracts.
Stage 1 Limitless Pro advantages vs Limitless:
- Can swing trade positions even over the weekend. Other funded trader programs require traders to be flat. So if you have a longer term view both of evaluation options allow traders to hold positions overnight.
- Better profit target to drawdown ratio
Stage 2 - Demo Environment
Benefits of Limitless Pro start accelerating in Stage 2.
Traders are asked to reach a lower profit target with a larger available drawdown than Limitless.
Yes, obviously more expensive program should have benefits, and clearly see it does in evaluation stages, before even beginning to trader with prop firm with profits available for withdrawal.
But how does Savius compare to some of the trader funding industry titans.
Savius Limitless Pro vs TopStep Combine
We have discussed above that Savius virtual size to price seems too high relative to the competition. Reality is, Savius program is far superior to much of the competition. $50,000 Savius Limitless Pro accounts crushes $150,000 programs of the competition.
For the sake of this comparison we use the following:
- Trader needs 12-15 trading days to complete each phase
- Trader only day traders and does not take advantage of overnight/overweekend trading (would violate TopStep rules)
- Comparing Limitless Pro to TopStep 150K account
| Limitless Pro | TopStep $150k | |
|---|---|---|
| Fee | EU499 ($535) | $750 ($375 x 2 months) |
| Refundable? | YES | NO |
| Step 1 Target | $3,500 | $9,000 |
| Step 2 Target | $2,500 | $9,000 |
| Total Profit Target | $6,000 | $18,000 |
| Drawdown | $4,000 | $4,500 |
| Daily Drawdown | NO | YES |
| Weekly Drawdown | NO | YES |
Limitless Pro is a clear winner here:
- Savius trader funding program costs less and has a refundable fee, unlike the competitor
- TopStep traders need to reach THREE TIMES as much evaluation profit to qualify for funded account. Meanwhile same amount of profits with Savius would have traders making withdrawals and advancing their career with prop firm a few steps.
- Savius program only has one drawdown figure, traders do not have to worry about daily or weekly drawdown.
Competitors offer significantly more contract to trade. TopStep allows up to 15 contracts to be traded while some of contracts with limitless are as low as 2. Disadvantage for traders who like to get really aggressive with size. However, during current volatile times not being able to over-leverage a small account is an advantage and key for longer term survival.
Completing evaluation is just the beginning, let's have a look at multiple sources of income possible in further stages with the program.
Stage 3 Revenue in Demo Environment
To save time on live account creation traders fill out a funded trader contract and can get started trading right away.
In Revenue stage funded traders are entitled to any profits made above the initial capital level of $50,000.
Limitless traders are entitled to 70% of profits made after profit split, Pro traders get 80%.
Traders do not have to reach full profit target to get paid. Full target is required to unlock the next stage of trading career ladded of Savius LLC.
Savius falls a bit short in profit percentage vs the competition. Some competitors offer as high as 100% profit split on first 10k profits.
Important to note:
At Savius trader can withdraw anything above the Initial capital level. Competitors offering 100% withdrawals usually ask you to keep as significant "cushion" in the account, that is not available for withdrawal for months.
Stage 3 is just the beginning of funded trader journey with Savius. After reaching profit target, traders move onto live environment in live brokerage account.
Stage 4 Revenue in Live Environment
In this stage traders are connected to live brokerage account. And the cost of challenge is reimbursed. No other futures funded trader company refunds the cost of challenge with such massive drawdown.
As we discussed above, the evaluation despite appearing more costly offers better value than competitors, that is before even considering that evaluation fee is refundable.
Limitless participants are upgraded from 70% profit split to 80%. This is last stage for low cost Limitless trader program. Traders keep trading in the account indefinitely. While there are no further guaranteed opportunities. Traders showing great consistency and profitability will almost certainly get a chance for further opportunities with Savius or Prop Firm partners.
Limitless Pro traders are again shooting for $5,000 profit target to reach even further stage. Traders are welcome to withdraw profits before reaching the profit target. Benefits really begin to accelerate at Stage 5 of funded trader account.
Limitless Pro - Salary and Career Stages
Limitless Pro traders start enjoying more benefits at Stage 5 of Funded Trader Path.
After withdrawing profits in previous 3 funded stages. Traders enter Stage 5 of Savius Pro program experience unlocking all new benefits:
- All new drawdown increased by 50% from previous stages now sits at $6,000
- Additional leverage and Size is available to trade
- FIXED SALARY of $1,000 Month - traders above initial balance get a salary to trade.
- Opportunity to develop educational content with Savius
Reach profit target of $10,000 while collecting salary. Withdraw profits and advance to last official stage of Savius Limitless Pro Program
Final Official Stage of Limitless Pro improves conditions for the trader even further:
- Drawdown now becomes $10,000 from original $4,000
- Salary is upped to $2,000 from $1,000 in Stage 5
- Possibility of employment
While many other programs are rooting for your to fail, Savius is trying to enable talented traders to unlock their full potential by scaling up account size, providing content opportunities, paying salary and even providing an easy career path opportunity with an American CTA.
Ready to start your Savius Limitless trading career, go to view and join the program now:
What is Savius LLC Prop Trading Firm?
Savius is a US-based proprietary trading company in Delaware, USA. Savius LLC helps individuals become successful traders and is the only futures trading company that pays salaries to traders. In addition, they offer training and skills in trading, as well as the tools necessary to make your journey easier. Savius provides the tools and training to help you build a solid foundation for your future.
Savius is a private investment firm founded in 2013 with traders in the United States and Europe. Its primary activity is to generate capital gains on company capital by financial speculation operations on the major futures markets. The former owners seized the opportunity between traders who want to make money via pc and those who have the funds. Gianluca Lambusta will be the CEO and Senior Trading Coach at "Chinook" Trading Academy in 2020.
This change of guard had the main purpose of making a "prop" (proprietary) house available for other professionals to allow them to trade with capitalized accounts without jeopardizing savings. This initiative was a true pioneer in Italy. Tiziano Bruno was also involved, Senior Trader Savius from 2017, and is today the CEO and Risk Manager of the company.
About Savius Prop Firm
Savius traders have the option to either use their strategy or Savius'. In addition, Savius offers comprehensive education and training. Complete Remote Prop Trading helps you take your trading to the next level. Training is available to both independent and in-house traders. It includes a trading manual and review lessons. Live sessions with senior traders are also included—also a one-month lease of Algo Strategies. Learn everything you need to know about trade setups, risk management, and proprietary trading.
Traders have the freedom to choose their professional career path at Savius. There are two distinct professional options available. For intermediate traders looking for a comprehensive trading solution, the Junior Savius Trade path offers tools and training. The Senior Independent Trader path, on the other hand, is for traders with an established strategy who are looking for funding.
How is Savius LLC Different from Other Prop Firms?
Savius was one of the first companies to open its doors to remote workers in the trading industry. It focuses on recruiting traders and customer satisfaction. Savius is an established company that operates in regulated markets. It targets people looking to get into this market with clear rules.
This feature, along with Savius creams candidates, sets Savius apart from other companies. It has remained close to the old school and knows the differences between regulated markets over-the-counter areas, where everything happens.
Savius Funded Account
After choosing a career path, traders can take the Saviors Challenge. The Savius Challenge costs $198. However, traders who complete the challenge can receive a refund of their sign-up fees. The challenge requires traders to trade for ten days to reach a profit target of $2,000 and a maximum daily loss limit of $750—a maximum total loss of $1,000.
Savius Trading Challenge
Traders who complete the challenge and adhere to the terms and conditions are promoted to Phase Two, where they begin their remote internship at Savius. They will have another 30 days to meet new profit targets. Finally, those traders who complete the internship phase are promoted to Funded Traders at Savius.
Savius finances its traders by selecting them through a test. It is not enough to present your curriculum; you must also demonstrate that you can trade. The test involves the candidate being presented with a trading platform. The test is also a pressure test. However, if the candidate passes, the new Savius trader will have a portfolio of 50,000 dollars to work with.
Although traders are not considered a full-time job, it is sufficient to access a computer and free time. However, it is a full-fledged job: Savius traders sign a contract and move up the ranks to earn bonuses and salary increases.
You feel like you are "arrived" when you use your computer to do anything, even trading. However, it is not uncommon for someone to warn you about problems. Savius is a good example of this. He follows his traders closely and helps them when they are in trouble. It is important to emphasize a key point: trading can be done even if you have another job. As long as it is passionate and focused, it is possible. The rewards for both investors and operators will be great if this is the case.
Who is Savius Limitless Trading Program For?
Although trading is possible for anyone, it is important to understand the market and subject matter. Financial regulation. Savius knows that an aspiring trader wants to make a difference in his life and break away from the traditional dynamics of trading, considering the company's target market, which is very diverse and broad. A professional and profitable trader, on the other hand, wants to make this his work. Passion, initiative, and a drive to improve are essential for this.
Savius LLC Training
Savius is always there to help those who wish to improve it. In addition to setting up challenge stress tests that can be repeated multiple times to select candidates and test them, the company also offers the opportunity to accompany those who are not ready. This provides concrete support for developing technical skills, practices, routines, and procedures before, during, and after trading to manage emotions. The Camp is a placement where the candidate learns the techniques. This period lasts between four and six months. Savius guarantees that the candidate will receive a guaranteed account during this time.
Online Prop Trading Conclusion on Savius LLC Review
Savius, a boutique fund, has an innovative approach to funding that should not be underestimated. They give me the impression they want, support, and need profitable traders to make their business model work. The fact that they offer a fee reimbursement, capital increase, or even a fixed income is enough to interest me. Recently, they added NinjaTrader8 as one of their permitted platforms, so I may be able to enroll with them.
We truly like the program that Savius has put together and we do not doubt that soon it will be added to the Best Trader Funding Programs list of Online Prop Trading.
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