Is Savexa a scam?

We assess Savexa as likely to be operating a scam, and we would not deposit with it. The UK's Financial Conduct Authority warned on 3 July 2025 that the firm is not authorised and may be targeting people in the UK, naming www.savexa.com directly. Separately, clients across at least three platforms report that withdrawals were refused, balances were zeroed after profits appeared, or a 30% commission was demanded before funds would be released.

We hold evidence, not a court finding, so we put it this way: we assess the risk of fraud as high. No regulator or court has found Trade Tide Ltd guilty of fraud, and we found no enforcement action or fraud-related court record naming the company. What we did find is a tier-1 regulator warning naming the website, and a consistent set of client reports that money was not returned. That combination is enough for us to tell readers to stay away.

Only in the weakest sense. It holds brokerage licence BFX2024065 from the Mwali International Services Authority in the Comoros, and that licence is real: MISA's own register records it in Trade Tide Ltd's name, issued 1 April 2024 and extended to 1 April 2027. But MISA is the registrar of an autonomous island, not a functioning financial supervisor, and the Comoros central bank has publicly disavowed these licences. It imposes no capital requirements and supervises no client money.

Several clients say they could not. The dominant complaint across Trustpilot and other review platforms is that withdrawal requests were blocked, the displayed balance disappeared, or the account was frozen after profits. One reviewer reported being told to pay a 30% commission before any release. The company's own FAQ quotes 8 to 10 business days for withdrawals and lists several grounds on which a request can be rejected.

No. A percentage charge, tax or fee demanded before your own money is returned is the advance-fee pattern, and paying it does not get the funds released. Stop paying, save every message and screenshot, and contact your bank or card issuer about recovering the original payment.

We would not treat it as safe. The site states that client funds are held separately, but a MISA licence carries no supervision of client money, no mandatory segregation at a named bank and no compensation scheme. If the company stopped paying out, there is no regulator with the power or the practical reach to get your deposit back.

Savexa is the trading brand of Trade Tide Ltd, company number HT00324038, registered on the Island of Mwali (Mohéli) in the Comoros Union at Bonovo Road, Fomboni. No directors, owners or senior managers are named anywhere on the website or in the register entry, and the registered address is a corporate services address rather than a verified office.

The operation is young. Trade Tide Ltd's Mwali registration and its brokerage licence both date from 1 April 2024, the corporate domain trade-tide.com was registered on 15 April 2024, and the Savexa trading site has only been live since February 2025. The savexa.com domain itself was first registered in 2015, but it was openly offered for sale in 2018 and carried no broker content until 2025, so that date is not operating history.

No. This is one of the few things clearly in its favour. Trade Tide Ltd holds its own licence in its own name, and MISA's register records this operation's own websites against it. No other company's licence number, entity name, registration number or address is being used, and we found no impersonation of a regulated firm.

Very little. MISA issues brokerage registrations for the autonomous Comoran island of Mwali for an annual fee, as Savexa's own renewal certificate states. It is not recognised by mainstream regulators, it runs no meaningful prudential supervision, and it offers clients no compensation scheme and no realistic complaints route. Treat a MISA licence as a business registration rather than financial regulation.

The company states it does not serve the USA, Canada, Russia, Belarus, Iran, Iraq, North Korea, Europe or the United Kingdom, and European visitors are shown a notice to that effect. The FCA nonetheless warned that the firm may be targeting people in the UK, and recorded a UK mobile number among its contact details. The site also publishes a French-language version.

The website is published in English, Hindi, Bengali, Japanese, Korean and French, which points at India, Bangladesh, Japan, Korea and French-speaking markets. Almost all the client complaints we found came from India. A Comoros licence authorises business in none of those countries.

Act quickly. Request a full withdrawal in writing and keep the response. Contact your bank or card issuer at once about a chargeback or a fraud report, and quote the FCA warning. Report the firm to your national financial regulator and to the police. Do not pay any further fee, and ignore anyone who contacts you offering to recover your funds for an upfront payment, because that is a follow-up scam.

Search the broker's exact website address, not its brand name, on your own national regulator's register and warning list. Confirm the licence number resolves to the same company and the same website. Check whether the regulator actually supervises client money. And read the one-star reviews for detail: amounts, dates and ticket numbers are what separate a real complaint from noise.