Savius is an Italian-based prop firm which has been active for over 10 years, mainly within Italy. Over the past few months they have made a push to attract skilled traders from around the world. They are a futures prop firm which now offer instant funding accounts ranging from $25k to $300k.
Their new model allows traders to earn from their trading without the need for a challenge. By skipping the evaluation phase, traders are far more likely to reach the point of a payout, with the first payout available after just 7% profit (future payouts have no profit requirement).
Here are a few key details of this funding model.
How much does it cost?
The lowest cost option is the $25k account which comes in at 280 Euros. For professional traders, the $300k account comes in at just under 1400 Euros.
It’s also worth noting, you can purchase up to 5 accounts. If purchasing the maximum 5, one account will be provided for free and you will also receive a 20% discount on the entire purchase.
Using our link provides a flat 20% discount, regardless of number of accounts purchased.
What rules do I need to follow?
The main rules to be aware of are:
- Maximum drawdown – You cannot lose more than 5% of the account balance. This is trailing until you reach 7% profit at which point it becomes static.
- Consistency rule – Your best day trading cannot account for more than 20% of the overall profits.
- Day trading only – You cannot hold trades overnight/over the weekend.
- Minimum trading days – There is a minimum requirement of 10 trading days between each payout.
Getting started
We’ve partnered with Savius to bring our members a 20% discount on all accounts purchased. To claim this you must use the following link:
You can also ask any more questions on the Savius discord (link within the dashboard after signing up) or in the Prop Traders Club Facebook group.
