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Spova Review 2026: Fees, Safety, Platforms and Our Verdict

Spova in a nutshell

Spova
4.0Overall scoreout of 5
Minimum deposit
$250
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Compare Spova with similar brokers

Spova is a CFD trading platform operated by METALOFT TECHNOLOGIES LTD, a company incorporated in February 2025 in the Union of Comoros and regulated by the Anjouan Offshore Finance Authority.

What we like

Browser-Based Trading Simplicity

The WebTrader platform’s browser-based design eliminates the hassle of software downloads, installations, and updates that plague many trading platforms.

You can access your trading account from any device with an internet connection, whether you’re on your laptop at home, using a public computer, or switching between devices throughout the day, making trading truly accessible and flexible.

Comprehensive Asset Coverage Under One Roof

Spova’s six major asset classes – forex, commodities, indices, stocks, cryptocurrencies, and metals – provide genuine portfolio diversification opportunities without needing multiple broker accounts.

Whether you want to trade EUR/USD during London session, pivot to Bitcoin during weekend crypto volatility, or hedge with gold during market uncertainty, everything is available on a single platform with consistent leverage and tools.

Transparent Fee Structure

The straightforward fee approach with no hidden charges, free deposits, and one complimentary withdrawal for verified accounts shows genuine respect for trader capital.

The escalating account tiers with progressively tighter spreads (from 2.5 pips to 0.9 pips) reward more active traders appropriately, while the clear inactivity fee schedule gives traders fair warning rather than surprise charges.

Round-the-Clock Support Accessibility

True 24/7 customer support through multiple channels (live chat, email, international phone) demonstrates serious commitment to trader success.

Having specialized support available for everything from technical platform issues to educational guidance means you’re never stuck waiting for help during critical trading moments or when learning new strategies.

What to watch out for

Absence of MetaTrader 5 Platform

While Spova’s WebTrader platform is functional and browser-based, the lack of MetaTrader 5 integration is a significant limitation for serious traders who rely on MT5’s advanced features. Many experienced traders depend on MT5’s sophisticated algorithmic trading capabilities, extensive technical indicator library, advanced order types, and the ability to run Expert Advisors (EAs) for automated trading strategies.

Without MT5 support, traders miss out on the platform’s superior backtesting environment, multi-timeframe analysis tools, and the vast MT5 community marketplace for custom indicators and trading robots that could enhance their trading performance.

Aggressive Inactivity Fee Structure

Spova’s inactivity fees are particularly harsh, starting at $100 USD after just 30 days of account dormancy and escalating rapidly to $250 USD after 60 days, then $500 USD after 180 days.

This aggressive fee schedule seems designed more for revenue generation than reasonable account maintenance, especially considering that many traders take breaks due to market conditions, personal circumstances, or seasonal trading patterns. The steep escalation and early onset of these fees can quickly erode smaller account balances and penalize traders who prefer to wait for optimal market conditions rather than forcing unnecessary trading activity just to avoid punitive charges.

Spova is a comprehensive CFD trading platform operated by Metaloft Technologies Ltd, a company regulated by the Anjouan Offshore Finance Authority in the Union of Comoros.

At a glance

The platform offers comprehensive CFD trading across six major asset classes including forex, commodities, indices, stocks, cryptocurrencies, and metals with leverage up to 1:400 on currency pairs. Spova provides 24/5 (Forex) and 24/7 (Cryptocurrency) market access through an intuitive trading platform featuring real-time data, advanced analytics, and competitive spreads designed for both beginner and experienced traders. The company maintains a transparent fee structure with no deposit fees and offers educational resources to support traders in navigating global financial markets.

About Spova

The platform offers access to six major asset classes including forex with over 40 currency pairs, commodities, indices, stocks, cryptocurrencies, and metals, all accessible through a user-friendly browser-based WebTrader platform that requires no software downloads. With leverage up to 1:400 across all instruments and 24/7 market access for crypto trading, Spova caters to traders of all experience levels through five progressive account tiers from Classic to VIP, each offering increasingly competitive spreads starting from 2.5 pips down to 0.9 pips for expert traders.

The broker maintains a transparent fee structure with no deposit fees, competitive withdrawal rates, and flexible funding options including credit/debit cards, bank transfers, and regional alternative payment methods.

In short

Spova prioritizes trader support through comprehensive 24/7 customer service available via live chat, email, and international phone lines, while providing robust security measures, negative balance protection, and regulatory compliance to ensure safe trading conditions. The platform combines advanced trading tools, real-time analytics, customizable interfaces, and educational resources to create a seamless trading experience backed by proper regulation and professional customer support across global markets.

Overview

Spova is a cutting-edge CFD trading platform operated by Metaloft Technologies Ltd, a company incorporated in February 2025 in the Union of Comoros and regulated by the Anjouan Offshore Finance Authority under license L15955/MT, ensuring traders benefit from transparent, secure, and compliant trading conditions.

The platform provides comprehensive access to six major asset classes including forex with over 40 currency pairs offering leverage up to 1:400, commodities like crude oil and gold, global indices such as the S&P 500 and FTSE 100, individual stocks from leading companies like Apple and Tesla, cryptocurrencies including Bitcoin and Ethereum, and precious metals for portfolio diversification and inflation hedging strategies.

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Spova
Capital.com
XM
XTB
4.04.84.64.5
$250$20$5$0
Regulatorsnot availableCySEC in Cyprus, FCA in the UK, ASIC in AustraliaCySEC in CyprusFCA in the UK, CySEC in Cyprus
Demo accountnot availableYesYesYes
MetaTrader 4not availableYesYesNo
MetaTrader 5not availableYesYesNo
Web platformYesYesYesYes
Own platformnot availableYesNoYes
Open an account
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
65% of retail CFD accounts lose money.
80% of retail CFD accounts lose money.
77% of retail CFD accounts lose money.

Are Spova fees low?

Spova, operated by METALOFT TECHNOLOGIES LTD (registered in Union of Comoros), maintains a transparent fee structure across all trading activities. The company is authorized by the Anjouan Offshore Finance Authority and operates through www.spova.com with competitive pricing designed to support both new and experienced traders.

Deposit and Withdrawal Fees

Spova does not charge any deposit fees, though payment providers may apply their own processing charges or exchange rate adjustments. The first withdrawal is completely free provided your account is fully verified and at least one trade has been executed; otherwise, a $10 USD fee applies. Subsequent withdrawals incur a 3.5% fee for credit cards, debit cards, prepaid cards, and e-wallets, while wire transfers carry a flat $30 USD fee.

Swap and Spread Costs

Swap fees represent the interest charged or credited when positions remain open overnight, automatically processed at 00:00 GMT+2 and converted to your account’s base currency. Wednesday rollovers incur triple the standard swap rate to account for weekend holding costs, with rates varying by instrument and viewable directly on the trading platform. Spreads, measured in pips, represent the difference between bid and ask prices and vary depending on the trading instrument, with current pip values accessible through your account dashboard.

Inactivity Fees

Accounts become inactive after one month without deposits, withdrawals, or trading activity, triggering escalating monthly fees to cover platform maintenance costs. The fee structure begins at $100 USD after 30 days of inactivity, increases to $250 USD after 60 days, and reaches $500 USD monthly after 180 days. Spova reserves the right to remove active bonuses and related profits from inactive accounts, making regular account activity beneficial for maintaining optimal trading conditions.

How fees work

The platform maintains a transparent fee structure with variable spreads measured in pips, overnight swap fees applied at 00:00 GMT+2 with triple charges on Wednesdays to account for weekend costs, and an escalating inactivity fee system that begins after one month of account dormancy to cover ongoing platform maintenance costs.

Comprehensive 24/7 customer support is available through multiple channels including live chat, email at info@spova.com, and an international phone line at +447520604687, providing specialized assistance for everything from account setup and platform navigation to trading strategy guidance and technical support in multiple languages to serve the global trader community effectively.

Is Spova safe?

Spova operates under strict regulatory oversight through Metaloft Technologies Ltd, which is officially registered in the Union of Comoros with registration number 15955 and maintains its registered office at Hamchako, Mutsamudu, Autonomous Island of Anjouan.

Regulation

The company is authorized and regulated by the Anjouan Offshore Finance Authority under license number L15955/MT, ensuring compliance with international financial standards and providing traders with transparent, secure trading conditions. This regulatory framework prioritizes client fund safety through advanced safeguards, segregated account structures, and adherence to strict operational guidelines that govern all trading activities and client interactions.

Spova’s commitment to being licensed, transparent, and secure means that traders benefit from regulatory protection, regular compliance monitoring, and the peace of mind that comes with trading through a properly regulated financial services provider that maintains the highest standards of operational integrity and client fund security.

How does Spova compare?

Fees, safety and platforms side by side with Capital.com and XM and XTB.
Compare brokers

How do deposits and withdrawals work at Spova?

Spova offers flexible deposit and withdrawal options to accommodate traders worldwide, accepting Credit/Debit Cards, Bank Transfers, and various Alternative Payment Methods that may vary depending on your geographic region.

Payments overview

The platform maintains a trader-friendly approach to funding with no deposit fees charged by the company, though individual payment providers may apply their own processing charges or exchange rate adjustments. Withdrawal processing is equally streamlined, with the first withdrawal being completely free for verified accounts that have completed at least one trade, while subsequent withdrawals incur a 3.5% fee for card-based and e-wallet transactions or a flat $30 USD fee for wire transfers.

The minimum withdrawal amount is $10 for credit/debit cards and $100 for bank transfers. For e-wallets, you can withdraw any amount as long as it covers the applicable fees. Withdrawal processing usually takes 8 to 10 days. The availability of specific alternative payment methods such as e-wallets, local banking solutions, and digital payment systems varies by region to ensure compliance with local financial regulations and provide the most convenient funding options for traders in different markets.

How easy is it to open an account at Spova?

By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading.

Account Type

Standard account
not available
Demo account
not available
Islamic account
not available
VIP account
not available

Opening an account

When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have.

It is therefore best to take at least 10 minutes to complete the account opening process. You can start exploring the demo account right away to get familiar with the platform, while the compliance review for live trading typically takes just a few days to complete.

Your account at Spova

Spova offers five distinct account tiers designed to accommodate traders at every experience level, from complete beginners taking their first steps into financial markets to expert traders seeking the most competitive conditions. Each account type provides progressively enhanced trading conditions with tighter spreads as you advance through the tiers, while maintaining consistent leverage capabilities and protective features across all levels.

Classic Account

The Classic account serves as the perfect entry point for beginner traders who are new to CFD trading and financial markets. This account offers spreads starting from 2.5 pips with leverage up to 1:400, providing newcomers with access to all major trading instruments while maintaining robust risk management features. Classic account holders receive comprehensive free educational resources and dedicated customer support to build their trading knowledge and confidence from the ground up.

Silver Account

Designed for intermediate traders who have developed basic market understanding and trading experience, the Silver account maintains the same competitive spreads starting from 2.5 pips as the Classic tier. This account level provides enhanced trading tools and resources suitable for traders who are expanding their market analysis capabilities and refining their trading strategies. Silver account holders benefit from improved platform features while continuing to receive full educational support and customer assistance.

Gold Account

The Gold account caters to advanced traders who have demonstrated consistent trading activity and possess solid market knowledge and analytical skills. With spreads starting from 1.8 pips, Gold account holders enjoy reduced trading costs that reflect their increased trading sophistication and frequency. This tier provides access to advanced analytics tools and enhanced charting capabilities, enabling more detailed market analysis and strategic decision-making for experienced traders.

Platinum Account

Professional traders who require competitive pricing and advanced trading conditions will find the Platinum account ideally suited to their needs. Featuring spreads starting from 1.4 pips and additional swap discounts, this account tier recognizes the expertise and trading volume of professional market participants. Platinum account holders receive priority support and access to professional-grade tools that support high-frequency trading strategies and complex portfolio management requirements.

VIP Account

The VIP account represents the pinnacle of Spova’s account offerings, designed exclusively for expert traders who demand the tightest spreads and most favorable trading conditions available. With spreads starting from just 0.9 pips, VIP account holders enjoy the most cost-effective trading environment along with premium benefits and personalized service. This elite tier provides access to exclusive market insights, priority execution, and dedicated account management to support the most sophisticated trading strategies and substantial trading volumes.

Account tiers

The broker offers five progressive account tiers from Classic (beginner) to VIP (expert), each maintaining consistent leverage up to 1:400, 100% margin call levels, and 20% stop-out protection, while providing increasingly competitive spreads from 2.5 pips down to 0.9 pips for VIP accounts, along with enhanced features like swap discounts and premium benefits for higher-tier traders.

Flexible funding options include credit/debit cards, bank transfers, and various alternative payment methods that vary by region, with no deposit fees charged by Spova and competitive withdrawal fees including one free withdrawal for verified accounts that have completed at least one trade.

How To Close Your Spova account?

The best way to close your account is to send an e-mail to info@spova.com with the e-mail that you signed up with. Make sure that you have withdrawn all of your funds before the closure.

How is the customer support at Spova

Spova provides comprehensive 24/7 customer support designed to assist traders at every stage of their journey, from initial account setup and document verification to advanced platform navigation and trading guidance.

Customer support

The support team offers multiple communication channels including instant live chat for immediate assistance, email support at info@spova.com for detailed inquiries, and a dedicated international phone line at +447520604687 for direct voice communication. Specialized support representatives are trained to handle everything from technical platform issues and account management to educational guidance and trading strategy discussions, ensuring traders receive expert assistance regardless of their experience level.

The multilingual support approach and various contact methods, including an online contact form, guarantee that traders worldwide can access professional help whenever needed, creating a seamless and stress-free trading experience across all time zones.

Alternatives

Not sure Spova is right for you?

  1. Capital.com
    4.8/5
    Review
  2. XM
    4.6/5
    Review
  3. XTB
    4.5/5
    Review
See the full ranking

Is the Spova app good?

Trading Platform

IOS app
not available
Android app
not available

Which platforms does Spova offer?

Spova’s WebTrader platform delivers a comprehensive browser-based trading experience designed for simplicity and reliability without requiring any software downloads.

Trading Platform

Desktop windows
not available
Desktop MAC
not available
Web platform
Yes
Own platform
not available
MetaTrader 4
not available
MetaTrader 5
not available

Platform overview

The platform features real-time market data, live price feeds, and instant trade execution through an intuitive interface that accommodates both beginners and experienced traders with seamless order management capabilities. Advanced charting tools include Fibonacci retracements, support and resistance lines, multiple chart views, and visual indicators that provide precise analytics for informed decision-making across all asset classes.

The platform’s user-friendly customization options allow traders to personalize their workspace, set price change notifications, switch between multiple accounts with ease, and configure customizable stop-loss and take-profit orders to match individual trading strategies. Mobile accessibility ensures traders can manage positions anytime, anywhere with just an internet connection, while specialized customer support provides guidance throughout the entire trading journey from account setup to platform navigation, creating a stress-free trading experience backed by powerful technology and expert assistance.

Web platform

Spova’s browser-based WebTrader platform eliminates the need for software downloads while delivering real-time market data, advanced charting tools with Fibonacci retracements and technical indicators, instant trade execution, and customizable interfaces that adapt to individual trading styles and preferences. The platform operates 24/5 for forex markets and provides 24/7 access to cryptocurrency trading, supported by powerful analytics, live price feeds, and seamless order management capabilities that cater to both beginner and expert traders across all experience levels.

How does Spova compare?

Fees, safety and platforms side by side with Capital.com and XM and XTB.
Compare brokers

What can you trade at Spova?

Spova positions itself as a comprehensive trading platform offering access to diverse global markets through CFD trading. Their platform enables traders to speculate on price movements across multiple asset classes without owning the underlying assets, providing flexibility and accessibility for both beginners and experienced traders.

Forex

Spova provides access to the world’s largest financial market, operating 24 hours a day, five days a week with over 40 currency pairs including majors, minors, and exotics. The platform offers leverage up to 1:400 across all forex pairs, from popular combinations like EUR/USD and GBP/USD to exotic pairs such as USD/ZAR and EUR/TRY. Traders benefit from real-time data, tight spreads, and advanced analytics tools, making forex trading accessible whether you’re responding to global events, economic announcements, or market sentiment shifts.

Commodities

The commodities market at Spova allows traders to speculate on physical assets like crude oil, gold, natural gas, and agricultural products without owning the underlying commodities. This market is driven by real-world factors including supply and demand dynamics, geopolitical events, weather conditions, and global economic trends. Spova simplifies commodity trading through CFDs, offering high liquidity, consistent volatility, and the ability to profit from both rising and falling markets with fast execution and leveraged options.

Indices

Spova’s indices offering provides exposure to major global stock markets through instruments that track the performance of selected companies representing entire economies or sectors. Popular indices available include the S&P 500, NASDAQ, DAX, and FTSE 100, allowing traders to capture broad market movements rather than individual stock volatility. This approach offers diversified exposure to global economies with a single position, supported by real-time data, powerful charting tools, and flexible leverage options.

Stocks/Shares

The platform provides access to leading global companies across various sectors, including major players like Apple, Amazon, and Tesla through stock CFDs. This allows traders to speculate on company performance and react to earnings reports, market news, and trends without owning actual shares. Spova’s stock trading features fast execution, flexible leverage, and the ability to trade on both rising and falling prices, making it easier to respond quickly to market opportunities and manage portfolio risk.

Cryptocurrency

Spova offers crypto CFD trading on major digital assets like Bitcoin and Ethereum, providing 24/7 market access without the need for digital wallets or coin storage. The crypto market’s inherent volatility becomes an advantage through CFDs, allowing traders to capitalize on price swings in either direction with real-time insights and customizable trading conditions. This approach eliminates the complexities of cryptocurrency ownership while maintaining exposure to the fast-paced digital currency market through a regulated, secure platform.

Metals

The metals market at Spova focuses on precious and industrial metals including gold, silver, and platinum, traditionally viewed as safe-haven assets during economic uncertainty. Metal CFDs provide flexibility to trade these assets without physical ownership, offering lower entry barriers and the ability to respond quickly to global events that impact metal prices. Spova’s metals trading combines the stability and long-term value associated with precious metals with modern trading tools, leverage options, and real-time market data for efficient portfolio diversification and inflation hedging strategies.

FAQ

Is Spova a good broker?

Spova is a legit broker operating under Anjouan Offshore Finance Authority (AOFA) oversight. No scam warning has been issued on the AOFA website.

Is Spova regulated and trustworthy?

Spova remains fully compliant with Anjouan Offshore Finance Authority (AOFA) rules and regulations. Traders should view it as a safe and trusted broker.

Is Spova a scam broker?

Spova is a legit broker operating under Anjouan Offshore Finance Authority (AOFA) oversight. No scam warning has been issued on the AOFA website.

What is the minimum deposit at Spova?

The minimum deposit at Spova to open a live account is $250.

Which trading platform is available at Spova?

Spova offers the core Web trading platform.

Does Spova offer a free demo account?

Yes. Spova offers an $100,000 demo account for trading beginners or testing purposes.

How does Spova compare?

Spova alternatives
Author of this reviewArsam Javed

Arsam, a Trading Expert with over four years of experience, is known for his insightful financial market updates. He combines his trading expertise with programming skills to develop his own Expert Advisors, automating and improving his strategies.

Our methodology
Fact-checked by Florian Fendt
Updated November 3, 2026

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