SPOVA

Based on the latest data, SPOVA has a low overall score of 1.82 out of 5, is not regulated by any financial authority, and has been operating for less than one year. These factors indicate a high level of risk, and traders should exercise extreme caution.

No, SPOVA is not regulated. The latest data shows its regulatory status as 'Not Regulated', and no valid licenses are listed.

The minimum deposit amount for SPOVA is not publicly specified in the latest broker data.

The latest broker data does not mention whether SPOVA supports MT4 or MT5. This information is not currently disclosed.

Based on the latest data, potential pros include high leverage up to 1:400, multiple account types with varying spreads, and support for scalping and EA trading. Cons include a lack of regulation, a very short operating history (less than one year), a low overall score (1.82), and user reports of negative experiences including difficulties with withdrawals.

Yes, there is at least one user report describing significant financial losses and alleging that the platform engaged in practices that led to account depletion and denial of withdrawal requests. Users are advised to verify such reports independently.

The latest broker data does not specify whether SPOVA accepts clients from the US region. This information is not currently disclosed.

SPOVA offers five account types: VIP, Platinum, Gold, Silver, and Classic. The main differences are the spreads: VIP from 0.9 pips, Platinum from 1.4 pips, Gold from 1.8 pips, Silver from 2.5 pips, and Classic from 2.5 pips. All account types have a maximum leverage of 1:400, a margin call/stop out level of 20%, and support for hedging, scalping, and EAs. Islamic account options are not available.

SPOVA offers a maximum leverage of 1:400 across all account types. Such high leverage can amplify both gains and losses, significantly increasing risk. Combined with the broker's lack of regulation and low score, the overall risk is considered very high.

Spreads at SPOVA range from 0.9 pips (VIP account) to 2.5 pips (Silver and Classic accounts). Whether these are considered high depends on market conditions and comparison with other brokers. The data does not provide information on additional fees such as commissions or overnight swap rates.

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