Spova
Rating: 4 / 5Spova is a newly established, offshore CFD broker regulated in Anjouan, in the Union of Comoros, that caters to traders seeking high leverage and a simplified web-based trading experience. While algorithmic traders will feel the absence of the popular MT4/MT5 platforms, I found its proprietary platform to be easy to use, requiring no installation, making it decent for beginners who want immediate access to 160+ assets, including 50+ cryptocurrency pairs available on a 24/7 basis. Many traders will also find the 1:400 maximum leverage attractive.
Spova is a newly established, offshore CFD broker regulated in Anjouan, in the Union of Comoros, that caters to traders seeking high leverage and a simplified web-based trading experience. While algorithmic traders will feel the absence of the popular MT4/MT5 platforms, I found its proprietary platform to be easy to use, requiring no installation, making it decent for beginners who want immediate access to 160+ assets, including 50+ cryptocurrency pairs available on a 24/7 basis. Many traders will also find the 1:400 maximum leverage attractive.
Broker Details
- Headquarters
- Comoros
- Established
- 2025
- Min Deposit
- $250
- Execution
- Market Maker
Accounts & Funding
- Funding Methods
- 5+
- Deposit Options
- Credit CardsWire TransferDebit CardsOtherCrypto Currency
- Deposit Fees
- No
- Withdrawal Options
- Credit CardsWire TransferDebit CardsOtherCrypto Currency
- Withdrawal Fee
- Yes
Trading Costs & Spreads
- EUR/USD
- 0.9 pips
- Inactivity Fee
- true
Platform & Features
- Trading Platforms
- Proprietary platform
Pros
- Advanced Proprietary Web-Based Platform
- Simple Access: Browser-based WebTrader requires no downloads
- 24/7 Support: Round-the-clock assistance available
- High Leverage: Up to 1:400 available for retail clients
Cons
- Withdrawal Fee of 3.5% (Min $30 USD)
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