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Where Is SPOVA Legal? Banned & Supported Countries

Andrey Mastykin
Written by:
Andrey Mastykin
Dan Blystone
Reviewed by:
Dan Blystone
Chinmay Soni
Fact-checked by:
Chinmay Soni
Updated:
June 04, 2026
flag
SPOVA isn't available in US
SPOVA REVIEW

For residents of this country (United States), SPOVA is not available and does not accept clients. Below are the top three highest-rated brokers available there in 2026 — the best alternatives to consider.

Trading.com USA
Logo
8.8 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Trading.com USA
Regulation Tier-1
EUR/USD pips
ZForex
Logo
7.89 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
ZForex
Regulation Not regulated
EUR/USD 0.1 pips
Plus500
Logo
7.55 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Plus500
Regulation Tier-1
EUR/USD pips

SPOVA Available Countries List

Note! We regularly update the information about SPOVA regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact SPOVA customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where SPOVA currently provides its services: flag India flag Canada flag Indonesia flag Nigeria flag Malaysia flag Brazil flag South Africa flag Pakistan flag Afghanistan flag Albania flag Algeria flag Argentina flag Armenia flag Australia flag Azerbaijan flag Bahamas flag Bangladesh flag Botswana flag Brunei flag Cambodia flag Cameroon flag Chile flag China flag Colombia flag Costa Rica flag Cote d'Ivoire flag Dominican Republic flag Ecuador flag Egypt flag Eswatini flag Ethiopia flag Georgia flag Ghana flag Haiti flag Hong Kong flag Iran, Islamic republic flag Iraq flag Israel flag Jamaica flag Japan flag Jordan flag Kazakhstan flag Kenya flag Korea flag Kyrgyzstan flag Laos flag Lebanon flag Libya flag Madagascar flag Malta flag Mauritius flag Mexico flag Mongolia flag Morocco flag Mozambique flag Myanmar flag Namibia flag Nepal flag North Macedonia flag Palestine flag Papua New Guinea flag Peru flag Philippines flag Puerto Rico flag Rwanda flag Singapore flag Somalia flag Syria flag Taiwan flag Tajikistan flag Tanzania flag Thailand flag Trinidad and Tobago flag Tunisia flag Turkey flag Uganda flag Uzbekistan flag Venezuela flag Vietnam flag Yemen flag Zambia flag Zimbabwe

Note!

Although SPOVA holds a Tier-3 license, this level of regulation involves limited investor protection. Consequently, some countries may restrict the broker’s operations. The information above is compiled from publicly available information provided by the broker.

SPOVA Restricted Countries List

Note! We regularly update the information about SPOVA regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact SPOVA customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where SPOVA currently does not provide its services: flag United States flag United Kingdom flag Poland flag Germany flag Spain flag France flag Ukraine flag Italy flag Angola flag Austria flag Bahrain flag Belarus flag Belgium flag Bolivia flag Bulgaria flag Congo flag Croatia flag Cuba flag Cyprus flag Czechia flag DR Congo flag Denmark flag El Salvador flag Estonia flag Finland flag Greece flag Hungary flag Ireland flag Kuwait flag Latvia flag Lesotho flag Lithuania flag Luxembourg flag Moldova flag Montenegro flag Netherlands flag New Zealand flag Norway flag Oman flag Panama flag Paraguay flag Portugal flag Qatar flag Reunion flag Romania flag Saudi Arabia flag Serbia flag Slovakia flag Slovenia flag Sri Lanka flag Sweden flag Switzerland flag UAE flag Uruguay

In addition, SPOVA — like most international brokers — does not offer services in countries or territories subject to international sanctions or included on the FATF high-risk list.

Find a Broker Legally Operating in Your Country

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In Which Countries is SPOVA Regulated? Is SPOVA Safe?

SPOVA is a Tier-3 regulated broker, authorized by regulators in offshore or less strict jurisdictions. Such licenses allow operational flexibility but offer limited investor protection compared to Tier-1 or Tier-2 authorities.

The table below presents details about SPOVA regulatory framework and the countries of registration.

SPOVA countries of regulation
AOFA AOFA AOFA (est. 2001) is the principal financial regulator for Anjouan, Comoros. It issues licenses (e.g., Banking, Brokerage/FX, Gaming, Crypto), publishes “Acts & Documents,” and provides a public register for license checks. Specific leverage caps are not published on the website.
Full Name Anjouan Offshore Finance Authority Country Union of the Comoros (Autonomous Island of Anjouan) Protection Fund No publicly disclosed statutory investor compensation scheme on the site; complaints are handled via the AOFA Compliance Department (email provided). Regulation level Tier-3

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Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • Another key factor is the FATF (Financial Action Task Force) list of high-risk and sanctioned jurisdictions. Most reputable brokers block account openings from countries on the FATF grey or black list, such as North Korea, Iran, and Myanmar. This policy is not a matter of discrimination but compliance with international anti-money-laundering (AML) and counter-terrorist-financing (CTF) standards. Clients residing in these regions are typically required to verify eligibility through additional documentation or may be refused service altogether.

Editors' Top Picks and Insights

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Team that worked on the article

Andrey Mastykin
Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Learn about our editorial policies
Dan Blystone
Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

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