Spova Review & Trader Rating in 2026

Trading costs are built into variable spreads rather than a separate commission. The EUR/USD comparison lists Classic at 2.5 pips, Silver at 2.8 pips, Gold at 1.8 pips, Platinum at 1.4 pips and VIP at 0.9 pips. These are starting quotes rather than measured average spreads. Silver is also advertised at 2.5 pips in the headline; the table above uses the explicit EUR/USD comparison.

The General Fees schedule charges $100 per month after one month without a deposit, withdrawal or trade, $250 per month during months two to six, and $500 per month from month six onward. At these rates, the first two applicable monthly deductions can consume a $250 balance, even without trading losses.

Holding positions overnight adds swap charges or credits. Weekday rollover is at 00:00 GMT+2, with Wednesday swaps tripled. The four tiers above Classic receive swap discounts. Funding also attracts payment-provider processing or exchange-rate costs where the provider charges them.

Spova is operated by Metaloft Technologies Ltd, company registration 15955, with its registered address in Hamchako, Mutsamudu, Anjouan, Comoros. The client agreement applies the laws of the Union of Comoros. KRYDEN LIMITED is named as a card-payment intermediary, not the company providing the CFD account.

Spova states that Metaloft Technologies Ltd holds AOFA licence L15955/MT. We could not independently verify the claimed regulatory status.

The agreement provides for segregated accounts but permits pooled client funds and warns of shortfalls if a custodian fails. Account pages advertise negative balance protection, while the May 2026 risk disclosure says losses can exceed the initial deposit and cannot be capped. No investor compensation scheme is included in the account protections.

Deposits use credit or debit cards, bank wires and alternative payment methods. The broker charges no deposit fee. The first withdrawal is free once the account is fully verified and at least one trade has been executed; otherwise a $10 fee applies. Later card and e-wallet withdrawals cost 3.5%, while bank wires cost $30.

Minimum withdrawals are $10 for cards and $100 for bank wires. E-wallet withdrawals must cover the transfer fee. The client agreement allows five working days to process a valid request; the FAQ gives eight to ten business days for completion, including the receiving bank stage. Requests are submitted through the client area, and transfers go to the client personally.

A credit bonus becomes withdrawable after $20 million in traded volume for each $1,000 of bonus, unless a written offer sets different terms. Bonuses are revoked after 15 days without open positions or trades, and bonus abuse permits cancellation of bonus-related profits.

Opening an account starts with an online registration. A demo account is activated with $100,000 in virtual funds, so platform practice does not require a live deposit. Real-money trading requires at least $250 or the equivalent in the account currency.

Verification requires a valid passport, identity card or driving licence and a proof of residence issued within six months. Bank statements and eligible utility bills are accepted; mobile-phone bills are excluded. The five account tiers are Classic, Silver, Gold, Platinum and VIP. Gold and higher tiers reduce the starting EUR/USD spread, and Silver and higher tiers receive swap discounts.

The advertised service excludes residents of the European Union and GCC countries, including the United Arab Emirates. Registration remains subject to the operator accepting the application.

Spova uses the same browser-based WebTrader for access on mobile devices. The account is opened through the website and trading runs through a connected browser rather than a dedicated store app. This suits traders who want to use the account across devices without installing separate software.

Mobile access remains part of the WebTrader environment. Traders who depend on MetaTrader mobile accounts or expert advisors need a different platform arrangement. Orders opened on a phone carry the same spread, financing and account-margin conditions as orders opened from a computer.

The browser platform offers live price feeds, multiple chart views and order management. Its chart tools include Fibonacci studies, trend lines, and support and resistance levels. Price-change notifications and customisable stop-loss and take-profit orders are part of the platform description.

Access runs through a web browser rather than a MetaTrader installation. Expert advisors and custom indicators built for MT4 or MT5 cannot be loaded into this platform. The demo account provides a way to practise its order controls with virtual funds.

The client agreement restricts strategies that exploit pricing discrepancies, arbitrage and scalping around brief quote inaccuracies. Its definition of abusive trading also includes placing buy-stop or sell-stop orders before financial-data releases.

The trading offer spans currency pairs, share CFDs, stock-index CFDs, commodity CFDs, metals and cryptocurrency CFDs. The instrument list includes EUR/USD, GBP/USD and USD/JPY, alongside individual company shares and commodity markets. The broker advertises more than 160 CFDs across the account tiers.

All positions are derivatives. Buying a share CFD does not give ownership of the share, and crypto CFDs do not transfer coins into a wallet. Positions can be held long or short, with gains and losses tied to the underlying price movement.

The account table sets maximum leverage at 1:400 for forex, 1:200 for indices and commodities, and 1:5 for share and crypto CFDs. These limits increase exposure relative to the cash committed and magnify losses as well as gains.

The account pages advertise customer support around the clock. The international contact number is +44 1224 076565, while account correspondence uses support@spova.com. The contact page also includes a form for enquiries.

The platform page describes assistance with registration, document submission and navigating the client area. Phone and email provide routes for discussing account access and payments. The FAQ explains withdrawal status, cancellation before processing, and the documents needed for account verification.

The public education material includes an introductory CFD article and an alphabetical trading glossary. The article explains price exposure without asset ownership, long and short positions, and the differences between day trading and swing trading. The glossary covers terms such as bid and ask prices, spreads, margin and technical analysis.

The economic calendar is provided behind an account login or registration. The navigation also lists signals, chart analysis, market news and daily market videos. These are menu-listed services rather than a promise of a freely accessible research library. The demo account provides virtual funds for practising the platform separately from reading the learning material.