Scam zone be warned ⚠️ After loosing 250 dollars they convinced me that if I had 5000sollars I would be able to trade in Gold and have access to an Ai that will stop loss It took months to... See more
Company replied
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Scam zone be warned ⚠️ After loosing 250 dollars they convinced me that if I had 5000sollars I would be able to trade in Gold and have access to an Ai that will stop loss It took months to... See more
Company replied
The risk management tools helped make trading feel more controlled. I could set limits before placing trades, which supported better balance protection, although the features could be more advanced.
Company replied
Reliable support is important when using a trading platform. I contacted the team when my deposit took longer than expected, and they checked the status and responded, though the process could have be... See more
Company replied
Never get into this platform. This platform is real scam. You'll be lured in with enticing promises and directed to deposit a minimum of $200. However, when you want to withdraw your money, you'll be... See more
Company replied
Metaloft Technologies Ltd, with brand name Spova, is a limited liability Company, incorporated in Comoros Union under registration number 15955, holding an International Brokerage and Clearing House license issued by the Anjouan Offshore Finance Authority under license number L15955/MT. Spova provides one of the most reliable trading environments for both beginners and experienced traders. Traders can access over 160 instruments - including forex, cryptocurrencies, commodities, indices, stocks, and metals - with leverage up to 1:400. Spova offers multiple account tiers, from Classic to VIP, with spreads starting from 0.9 pips, negative balance protection, and free support and educational resources for all users. The proprietary WebTrader platform delivers fast trade execution, real-time updates, and seamless access on desktop, tablet, and mobile browsers. With advanced charting tools, technical indicators, smart trading features, and customizable layouts, traders can make informed decisions while receiving dedicated assistance for account setup, navigation, and verification. Spova’s Education Center and research tools include structured courses, eBooks, live signals, daily analysis, a comprehensive glossary, and a free demo account with $100,000 virtual funds - helping traders learn, practice, and manage risk effectively. With 24/7 support via live chat, email, and phone, flexible deposit and withdrawal options, and a commitment to transparency and security, Spova delivers a modern, user-friendly trading experience for anyone seeking confidence in the global financial markets. Risk Warning: Our products are traded on margin, carrying a high level of risk, and it is possible to lose your entire capital. These products may not be suitable for everyone, so you should ensure that you understand the associated risks.
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Scam zone be warned ⚠️
After loosing 250 dollars they convinced me that if I had 5000sollars I would be able to trade in Gold and have access to an Ai that will stop loss
It took months to get this money I put the money in and started making profits and then they started giving me bad trades and I never recovered .
I complained here about a bonus they promised here and I received a call to delete the message after which they loaded my account.
They however ensured that they gave me bad trades that they encouraged me to keep for weeks enough so that the swap could take all my money which I had to get from a bank loan.
Am from Ghana ,Afrcans be careful there is no short cut to money.
I have all the pictures I will be creating a video on this to share on all social media.
Do not be deceived ran for your lives.
Wicked people.
Reply from Spova
I am experiencing significant difficulties in withdrawing my funds, and it appears that these obstacles are being created intentionally.
When I was instructed to make the deposit, I was provided with a wallet account number that was not registered under the name "Spova." Following the instructions given to me, I completed the payment to that account. Within approximately one minute, the funds were successfully credited to my Spova account.
I am now attempting to withdraw my funds; however, I am being asked to provide proof that the money was deposited into my Spova account. This requirement is unreasonable because I was specifically instructed to make the payment through a bKash cash-out transaction to the wallet number provided by your representative. As a result, I do not possess any separate proof showing a direct deposit into the Spova account beyond the transaction record of the payment I made as instructed.
The fact that my Spova account was credited almost immediately after the transaction clearly demonstrates that the payment was successfully received and linked to my account.
At this point, it appears that these repeated requests for additional proof are being used as a pretext to delay or avoid processing my withdrawal and refunding my funds. I respectfully request that you review the transaction history associated with my account and resolve this matter without further delay.
Reply from Spova
The broker, Omar Ja, allocated to me treated me like an absolute child. This is clearly not a problem free trading platform. This was a seriously unpleasant experience. It initially sounded like I could simply sit back and make a small daily profit. Clearly, not so...
Reply from Spova
This spova trade site is not serious and they make everything to take your money but when you want to take your money back they will ask you a lot of documentation and when you give them they ask again and again other documents
I wznt to take back my money and ghey say my account is not totally identify and now they block it
I dont want to send again anither identity document proof or residence certificate
Take my 250usd keep it and hope Nevers hear you again
___________________________
Spova service call me yesterday and there was a missunderstood and they validité my demand of transfert
Willl confirm after receipt
Thanks to spova réactivity and explication after my claim
Reply from Spova
The risk management tools helped make trading feel more controlled. I could set limits before placing trades, which supported better balance protection, although the features could be more advanced.
Reply from Spova
Reliable support is important when using a trading platform. I contacted the team when my deposit took longer than expected, and they checked the status and responded, though the process could have been faster.
Reply from Spova
Never get into this platform. This platform is real scam. You'll be lured in with enticing promises and directed to deposit a minimum of $200. However, when you want to withdraw your money, you'll be asked for unreasonable requirements, such as a cart ID, bank statement, and three active trades. They'll also direct you to large lots, making it easy to lose.
Reply from Spova
PLEASE STAY AWAY FROM THIS SCAM SPOVA PLATFORM!
I am writing this with a heavy heart, hoping no one else falls into the same trap that destroyed me. I lost tens of thousands of dollars to this fraudulent broker. These predators use psychological manipulation to drain investors' accounts and then vanish with the money. These scammers didn't just take my money; they robbed my family’s trust and my peace of mind.
The Sophisticated Trap:
• The scam started with a fake article claiming that the top billionaire in my country built his fortune through Spova investments rather than large real estate projects (This was a psychological trick to trigger greed). I fell for it and clicked the link within the article, which led to a website asking for my personal information to create an investment account. I truly wish I had never clicked that link. I left my information, and soon, a "helpful" assistant called me, claiming they would guide me through the account opening process and requiring a minimum deposit of $250 to start investing. That was the beginning of a perfectly scripted robbery.
The perfect money-robbing script by two native brokers:
• First, a woman speaking my native language called me, claiming to be a broker for Spova in the UK. I trusted her as a compatriot, not knowing she used a VoIP number to hide her true identity while plotting to rob me. As a novice, I asked for Forex basics, but she ignored me, talking nonsense just to push me into her scripted trades. She said every day "Just follow me, profit is guaranteed."
• It started with $250 with small currency trades. At first, she gave me small wins to build trust and stimulate greed. Then, she lured me into a "Silver Account" upgrade to escape their predatory overnight fees (Swap fees). She even pushed for a $25,000 "Gold" upgrade, promising of free Swap fees and 100% virtual credit. Warning: This credit is fake money to trap you into trading massive volumes so they can wipe you out later.
• When I stopped depositing, she forced me to buy Gold against the trend. Instead of cutting losses, she made me open an opposite "Sell" order to hedge. This was a deadly trap that locked my capital and double the Swap fees, bleeding my account dry. I was forced to borrow $2,000 from relatives just to hold the "negative" orders. In total, I deposited $11,250 in half a month. I told her my father was serious ill and I needed that money for his treatment. She pretended to sympathize but continued to suffocate me with daily calls for a month, demanding tens of thousands more for"Oil trades". It was pure psychological torture.
• After a month of failed extortion, she handed me to an accomplice who claiming from the "Risk Department". This broker 2 prevented me from closing negative trades, sweet-talking me into waiting for a "recovery" that never came.
The Final Kill: A 24-Hour Calculated Robbery
• When I tried to withdraw $500 on May 4th (balance: over $14,000) they trapped my money in "pending" status to start their heist.
• May 5th: My equity was still nearly $9,000. Broker 2 called me to confirm my withdrawal. Once she knew I want to take my money out, she manipulated me into massive Lot trades in Gas and Oil and even 1.0 lot in currency trades on my struggling account. She ignored my warnings and guaranteed" these were market-trend trades that would generate enough profit to cover all losses and fully protect my initial capital. I trusted her, not knowing it was a trap.
• May 6th Morning: Those "guaranteed" trades went deep red. I received a Margin Call.
• 2 Hours later: They wiped my entire account to $0.00.
Only AFTER they stole every cent did they "Reject" my withdrawal. My withdrawal request was the death warrant. They didn't just let me lose; they systematically held my money until they could kill the account. It wasn't trading - it was a cold-blooded heist by an organized crime ring.
Once the money was gone, the brokers vanished without a trace. I tried to contact the brokers, but there was no response. Remember: They only call you from masked numbers, and you can only message them via Telegram. They designed this scam so you lose from the very moment you sign up.
To clarify how they steal your money so quickly: Unlike legitimate brokers who use regulated platforms like MT4/MT5, they use a rigged custom software. Your trades never hit the real market; everything is faked on their backend. They manipulate numbers at will—giving fake wins to trigger greed or crashing accounts to force deposits. Total scam.
My Heartfelt Warning:
Reject them immediately if someone calls to guide you on opening an account or depositing money. That call is the first step in their script to ruin you. Do not deposit a single cent. Protect your hard-earned money from this den of thieves!
PROTECT YOURSELF AND STAY AWAY!
Reply from Spova
I am a lady Thai national and 66 yrars old. I heard an advertisement on a TV program featuring a Thai politician who said that Thais don't know about investing. He told a story about a single mother with a lot of debt who invested in this company's stocks and was able to pay off her debts and make a lot of money. This advertisement convinced me, and I clicked on a link to the company SPOVA. They offered a portfolio using forex trading, with buy and sell options to capture profits. While the portfolio showed large profits in green, there were also losing positions. They said it was okay.
After that, they tricked me into investing in oil and gas stocks, each worth a million baht. I made some profit due to volatility, but the red figures remained. On some days, the portfolio crashed, requiring further deposits. They promised that if I deposited $150,000 USD, the portfolio would be cleared, and there would be no more losses. However, after depositing $150,000 USD, the portfolio was gone, and there was no way to fix it. On days when the portfolio crashed, I was afraid of losing all my money. They then asked me to deposit $30,000 USD and $100,000 USD, but that didn't help either. Most recently, they asked me to open a new portfolio because the old one was completely in the red. This time, a foreigner spoke to me, saying they would help.
In total, I lost approximately 16 million Thai baht, and only got 300,000 baht back.
Anyone who encounters a broker named Spova should stay far away.
Reply from Spova
I am getting daily 2 times call to update the trading account, this should be done by AI automatically right? Why the hell we need to update the price, target..etc. And they are manipulating people to invest more. From videos of Sopva it is informed that students check only returns on monthly basis . Why we should login daily and get calls to update this and that. Why can't AI do that ? Then what is use of the term saying "Quantum AI"
Reply from Spova
My experience with spova.com, I am sharing my personal experience with spova.com as a warning for others to be very cautious.
From my interaction, the platform was presented as a government-linked investment opportunity in Bangladesh. However, when I tried to independently check publicly available information, I did not find any clear evidence of official registration or regulation under recognized financial authorities such as BFIU.
I was contacted through a VoIP phone number by an individual who claimed to be based in the UK. During the conversation, I was encouraged to invest around 31,000 BDT and was told that their “AI trading system” could generate unusually high daily profits 600,000 BDT which is unrealistic, including claims of very large guaranteed returns. In my experience, this level of promised profit felt unrealistic and misleading.
I also saw promotional materials that appeared to include AI-generated or edited videos featuring well-known public figures. These videos created an impression of endorsement, which I personally found concerning.
At different points in the communication, there was repeated encouragement to deposit funds quickly, along with strong emphasis on high returns and low risk. This pressure-based approach made me uncomfortable.
Concerns from my experience:
• Claims of government association without clear verification
• Extremely high or guaranteed profit promises
• Pressure to invest quickly during calls/messages
• Use of VoIP or international-style phone numbers
• Marketing content that appeared digitally manipulated or AI-generated
• Lack of transparent explanation of how profits are generated
In my view, legitimate investment platforms are usually transparent about regulation, risk, and do not guarantee fixed or unusually high daily returns.
After my experience, I also submitted a report regarding the domain to ICANN and shared details with a cybersecurity-focused review group I am associated with (BCSI) for further internal observation.
I strongly recommend that anyone approached by similar platforms take extra time to verify all claims independently and avoid making quick financial decisions under pressure.
This review is based solely on my personal experience and observations.
Reply from Spova
I am sharing my personal experience as a serious warning to others.
Some concerns based on my experience:
Using AI-generated or manipulated promotional videos that appeared to include well-known public figures and government personalities. These videos gave the impression of endorsement and presented the platform as a government-backed investment opportunity, which I found misleading.
Strong pressure to deposit more funds at multiple stages.
Promises or suggestions of consistent profits using “AI trading.”
Small initial profits shown to build confidence.
Encouragement to keep adding funds to recover losses.
Difficulty closing trades during periods of loss.
Communication from multiple representatives with different roles, often using different VoIP numbers.
Use of third-party payment methods, including requests for crypto wallet payments for larger deposits, which made transactions less transparent from my perspective.
I was contacted through a VoIP number by someone claiming to be based in the UK and was encouraged to deposit between 19,000 to 31,000 BDT (150 USD to 250 USD) They presented what they called an “AI trading system” that could supposedly generate consistent daily profits. Shortly after my first deposit, another person introduced as a Senior Account Manager contacted me and strongly pressured me to deposit more money for additional “AI tools.”
At first, they showed small profits, for example around 20 to 50 USD on a 1,000 USD balance, which made the platform seem legitimate. However, this quickly turned into repeated pressure to invest larger amounts. Over time, I deposited approximately 18,500+ USD, which is around 2,373,000+ BDT.
After this, the situation changed significantly. I was guided into trades that started going into loss, and I found it very difficult to close positions. I was repeatedly told to add more money to “protect” or “recover” my trades as my equity dropped. I also noticed changes that pushed my account toward liquidation.
In total, I lost approximately 7,085,000+ BDT, which is around 57,400+ USD. This was a devastating financial loss.
I was also advised not to withdraw funds and was told that keeping money in trading was better than keeping it in a bank. Looking back, this significantly increased my risk.
This review reflects my personal experience, and I hope it helps others avoid making the same costly mistake.
I'm Alam Islam From my own research and experience, I also became concerned about how the trades were being handled. It appeared to me that the trades may not have been executed in a real market environment, as the behavior of the account did not match what I would expect from normal market conditions. This raised serious concerns for me about whether there was a conflict of interest between my losses and the platform’s outcomes.
Another concern was how responses were handled after raising issues. In my experience, when concerns were raised, I was directed to contact support, and the response mainly referred back to strict terms and conditions on the website. However, most of my interactions and decisions were guided over phone calls under pressure, and these risks were not clearly explained in the same way during those conversations.
I also noticed a pattern while reading other reviews. In several cases, responses from the company suggested contacting support, and when users did so, they were referred back to strict terms and conditions on the website. In my experience, most of the important guidance and decisions were communicated over phone calls, often under pressure, and these risks were not clearly explained in the same way during those conversations.
Because of this, I felt that I did not fully understand the potential risks at the time of depositing.
Based on what I experienced, I strongly recommend that anyone approached by this platform proceed with extreme caution.
Please take time to independently verify any claims, especially regarding regulation and profit expectations, before investing.
Reply from Spova
I strongly urge everyone to stay away from spova.com. This platform is falsely presenting itself as a government-backed investment opportunity in Bangladesh, which is completely misleading.
I personally checked with relevant financial authorities, and there is no evidence that this company is registered, licensed, or connected with any official regulatory body in Bangladesh. That alone raises serious concerns about its legitimacy and safety.
I was contacted through a VoIP number by someone claiming to be based in the UK. They attempted to pressure me into depositing 18,000 BDT, promising that their so-called “AI trading system” would generate up to 600,000 BDT daily without effort. These kinds of guaranteed profit claims are unrealistic and commonly used in scams.
Major red flags:
False claims of government backing
No visible regulatory registration or verification
Promises of guaranteed daily profits
High-pressure tactics to force quick deposits
Suspicious international/VoIP contact numbers
Use of manipulated or AI-generated promotional videos involving public figures
Legitimate financial services do not cold-call individuals, do not guarantee profits, and always operate under proper regulation.
I strongly advise everyone not to deposit any money with this platform. If you are contacted, block them and report the incident to your local authorities.
I have retained evidence, including call recordings and screen captures of their promotional materials, which raise serious concerns about their practices.
Stay cautious and always verify before investing.
— Sumon Islam
Reply from Spova
The platform reacts quickly, and I haven’t experienced noticeable lag, even when markets are active.
Reply from Spova
The desktop platform is responsive overall though I have noticed minor lag occasionally
Reply from Spova
Execution is fast and generally smooth but can vary slightly during high market activity
Reply from Spova
Switching to this broker has been a decent decision so far though I am still evaluating long term reliability
Reply from Spova
The mobile app has a clean interface and is easy to use though it could include more advanced options
Reply from Spova
There is a wide range of market instruments which is helpful but can feel a bit overwhelming at times
Reply from Spova
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