If you are unable to reach the profit target during the time limit in the first 2 STEPS, you can retry with a new challenge at a reduced cost.

STEPS 1 and 2 have a one-month time limit to reach the profit target. From STEP 3 onwards you will no longer have any time limit.

In this step, you can claim a 70% profit share if you own a Limitless Challenge or an 80% profit share if you own a Limitless Pro Challenge.

Anyway, since Step 3 is the first revenue stage, you’ll be able to claim it in two chunks:

1) You can claim the first 30% of your profit share right away when you reach the profit target;

2) You can claim the remaining part of your profit share while managing your step 4 account if you have accumulated at least 1300$ in net profits.

Here is an example:Let’s say that you own a Limitless Pro Challenge at Step 3, and you just reached your 5000$ pre-set profit target.Your total profit share will be 4000$ (5000$ x 80% = 4000$).You can claim right away 30% of your total profit share: 1.200$During Step 4, you’ll be able to claim the remaining 2800$ of your Step 3 total profit share, plus the eventual regular 80% profit share you accumulated during Step 4.

Please note that this procedure does affect only Step 3.

From Step 4 and above, you’ll be able to claim your 70% or 80% total profit share (according to the package you have chosen) in one single chunk at the end of the month. 

Yes, absolutely! Savius’ main purpose is to hire Traders and include them in their team, establishing a professional career over time.

Available platforms for FX challenges: MT4

Available platforms for Futures challenges: VolSys; VolBook. 

Alternatively, we can provide the Rithmic Datafeed to use with any compatible platform for the Futures challenges. 

Please note that if you choose this last option, we won’t provide you with any support concerning the trading platform of your choice, as we expect that you already have some familiarity with the platform you’re paying the license. 

Please also note that when using Rithmic, the user dashboard doesn’t update in real-time; therefore, you have to track your trailing Drawdown manually on your R Trader account. 

Lastly, we consider only the operativity reported on R Trader as legit. Therefore if your trading platform shows a different trading history, we won’t consider it.

It does mean that the trading session (day) where you achieve your best net total profit cannot be equal to more than 50% of the total profit.

This is to prevent reaching the profit target through a couple of lucky trades.

We need to evaluate the candidate’s consistency, not just the net PnL.

An account is consistent if $ maxProfit< = ($ actualProfit * 0.50) For $ actualProfit we mean the current balance minus the starting balance (50K) Example:

– Maximum profit: $ 1,725.00 – Current profit from the starting balance 50K: $ 2,030.00

– Formula result: 1725> 1015 (Not consistent because maximum profit exceeds the result)

– Current profit to be achieved with that maximum profit: 1725 / 0.5 = $ 3,450.00

Our maximum drawdown is calculated from the top equity, therefore it’s classifiable as “trailing”.

Example: if I purchased a Limitless Pro, my starting balance is 50k and my trailing drawdown is 4k, mi initial lower boundayr is set at 46k.

Let’s say that I gain 2k and my top equity changes to 52k. Then my drawdown limit would be 48k.

This calculation is always done once the open trades are closed as top equity is calculated when the transaction is confirmed.

Your open trades cannot breach the maximum drawdown limit at any point. In other words, if your trailing drawdown is -4k, the platform will flatten your position immediately if it touches

-4k as floating PnL.

The daily drawdown is equal to 50% of the Maximum drawdown.

It is calculated automatically according to the challenge kind (base vs pro) AND the running step.

The daily drawdown is fixed, and it resets every 24 hours at 00:00 CET during winter time and 00:00 CEST during summer time, when we will make a snapshot of your account.

Therefore, each new trading day starts with a refreshed daily drawdown.Please note that if you hit the daily drawdown limit -both with closed positions o with your open PnL- it will suffice to flag your challenge as “failed”.

EXAMPLE:
If your total trailing drawdown is equal to 5000 USD, the daily drawdown will be equal to 50% of the aforementioned value: 2500 USD in this case.

With the same account, if you finish your first trading session with a -400 USD net loss, your second trading session will still have a 2500 daily drawdown.

Suppose the daily drawdown balance value is lower than the maximum trailing drawdown balance value.

In that case, you can still fail the challenge without hitting your daily drawdown limit if you hit the maximum trailing drawdown value.

Traders who reach the last step will have the chance for further professional growth.

There will be customized conditions, tailored to the needs of the individual trader. Furthermore, there is the chance to join the CTA “Strategika”, after an individual interview.

Each user has a personal area available on the Savius site. Inside you will find insightful information regarding your progress. Please note that at the current time the Dashboard balance updates once every 24h.

It is possible to buy a retake for € 199 (standard) or € 299 (pro) within two weeks from the failure of the first test.

The cost is the same for all the steps

The only expected costs are dictated by the broker and include the data feed and commissions.

Savius does not add any management fee costs.

It means that the profits are split 80/20. 80% to the trader, 20% to Savius.

The profit share calculation is done monthly, at the end of the month. From step 4 onwards, is not necessary to have reached the profit target needed for moving to the next step, to receive payment. Even if you choose to be paid, the achieved balance is counted toward the completion of the running step. Example: end-of-month balance in “Step 4” nets $51,750.00 Out of this $1,750.00 profit, the share is calculated, the account restarts from the initial value of the same step, and the +$1,750.00 profits contribute toward the progress of unlocking the next step. N.B. Traders in step 3 can claim their profit share only after reaching the profit target.

To keep receiving the salary each month you need to make at least 1% of the initial balance (so for step 5 it would be 1% of $150,000)

In the event of reaching the maximum drawdown in Step 3 or beyond, you are entitled to a 50% discount on the purchase of a new challenge. In brief, traders are required to start a new challenge again.

No. To manage multiple challenges at the same time, you have to create multiple accounts by using a different email.

EAs are authorised only if they’re proprietary. The use of third-party EAs downloaded from the internet or other sources is forbidden.

Upon step 2 completion you’ll receive an email with a digital contract that you’ll have to sign. After that, your step 3 account will be automatically set up. If that doesn’t happen, please open a ticket and notify us with all the specifics (order number, account kind, EUREX on/off).

Yes, it does at this stage.

In this step, you can claim a 70% profit share if you own a Limitless Challenge or an 80% profit share if you own a Limitless Pro Challenge.

Anyway, since Step 3 is the first revenue stage, you’ll be able to claim it in two chunks:

1) You can claim the first 30% of your profit share right away when you reach the profit target;

2) You can claim the remaining part of your profit share while managing your step 4 account if you have accumulated at least 1300$ in net profits.

Here is an example: Let’s say that you own a Limitless Pro Challenge at Step 3, and you just reached your 5000$ pre-set profit target.

Your total profit share will be 4000$ (5000$ x 80% = 4000$). You can claim right away 30% of your total profit share: 1.200$ During Step 4, you’ll be able to claim the remaining 2800$ of your Step 3 total profit share, plus the eventual regular 80% profit share you accumulated during Step 4.

Please note that this procedure does affect only Step 3. From Step 4 and above, you’ll be able to claim your 70% or 80% total profit share (according to the package you have chosen) in one single chunk at the end of the month.