DO YOU WANT TO MAKE TRADING A JOB BUT WITHOUT RISKING ONE CENT OF YOUR SAVINGS ON THE FINANCIAL MARKETS?
Savius Limtless and Savius Limitless PRO are the challenges that allow you to get involved and demonstrate your skills as a Trader to reach an account capitalized up to $ 250,000
The two challenges will be divided into six steps to be overcome, during which you will have to show your skills as a trader always respecting the requirements established by us to manage our capital.
Find out the steps that will lead you to capitalization
The Savius Limitless challenge is the test we will need to evaluate your skills as a trader to give you a capitalized trading account.
The following are the markets on which you can trade:
CME | EUREX | NYMEX | CBOT | COMEX
Frequently asked questions about our Challenges
What if i can't finish the trial within the first month?
If you are unable to reach the profit target during the time required in the first 2 STEPS, you can retry the selection at a reduced cost.
How much time do I have to pass the challenges?
STEPS 1 and 2 have a time limit for reaching the profit target of one month each. From STEP 3 onwards you will no longer have any time limit.
Is it possible to trade on Forex?
The “Limitless Future” and “Limitless Pro Future” challenges are structured to operate exclusively on regulated markets.
For those who want to trade on Forex, they can subscribe to one of our ” Limitless Forex ” challenges
Is there a chance to grow within Savius?
Absolutely yes.
The main purpose of Savius is to recruit Traders to be included in their team, creating a professional and lasting relationship over time.
What platform do you provide for the Challenge?
The available platforms are: Rithmic’s R-Trader Pro or the NinjaTrader.
Furthermore, for those who already have a VolSys or Volbook license of Volumetrica Trading, it is possible to use them to overcome our challenges.
What is meant by 50% consistency?
It means that the trading session (day), with the best profit, cannot result in more than 50% of the total profit.
This is to prevent a single trading session, particularly profitable, from reaching the profit target. We need to evaluate the “consistency” of the candidate and not just the absolute performance.
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
How does the Max Drawdown work?
The max DD is of the “trailing” type and is calculated on the top of the equity.
Example: starting balance of $ 50,000 means that at $ 48,000 I fail the test.
If my balance goes up to $ 55,000, my new threshold I can’t go below is $ 53,000
The calculation is always done once the trade is concluded, the top equity is updated only at the end of the transaction and not on the free float.
It is not possible in any case to exceed the maximum drawdown threshold with open trades.
Example: If the max drawdown of $ 4,000.00 is indicated in the step it is not possible to go to – $ 4,000.00 with an open (floating) position in that case the account is blocked by the software manager.
Can I choose a trading platform for the real account?
Yes, it is possible to have a wide choice of platforms compatible with the Rithmic datafeed
What happens after stage 6?
Traders who reach the last step will have the possibility of further growth. In addition, there will be customized conditions of collaboration and tailored to the needs of the individual trader.
Furthermore, there is the concrete possibility of joining the “Strategika” CTA following an individual interview.
Can I know my situation at any time during the challenge?
Each user has a personal area available on the Savius site.
Inside you will find useful information regarding the progress of the test.
If I fail the test, do I have to buy back a new challenge at full price?
It is possible to buy back the challenge for € 149 (both PRO and Limitless standard) within two weeks from the failure of the first test.
Is the registration fee unique or are there additional costs in the subsequent steps?
The cost is the same for all the steps
Are there any additional costs when switching to the real account (from step 3 onwards)?
The only expected costs are dictated by the broker and include the data feed and commissions.
Savius does not add any management fee costs
What is meant by 80% profit share?
It means that the profits will be split 80/20 where 80% is destined for the trader and 20% for Savius
How does the compensation plan work and when do you get paid?
The profit share is calculated monthly, at the end of the month.
It is not necessary to have reached the necessary profit for the passage to the next step to receive the remuneration.
You can choose to have the profit share paid at the end of each month, even if only for the part accrued in the month just ended.
Although the trader is paid, the balance reached is counted towards the completion of the step.
Example: “Step 3” end-of-month balance of $ 51,750.00
The profit share is calculated on this $ 1,750.00, the account restarts from the initial value of the Step in question and the $ 1,750.00 contributes to the achievement of the profit to access the next step.
How does the step 5 fixed income work?
In order to keep the salary active each month you need to make at least 1% on the initial balance (so for step 5 it would be 1% of $150,000)
What happens if I reach the maximum drawdown in Step 3 or beyond?
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. Traders are required to start a new challenge again, in order to earn a management account.
* For those who do not feel ready to face the challenge yet, there is the possibility of going through an intense and specific training program.
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