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Covenance

Covenance is a financial brokerage established in 2023, offering access to global financial markets. It provides comprehensive trading services across various asset classes, equipped with robust technological infrastructure and accessible through MetaTrader 5, tailored to meet the needs of worldwide retail and professional traders.

RegulatedSaint LuciaEst. 2023
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Account Types

Standard Account

STP Account

Swap Free

Designed for all types of traders with competitive spreads and no commission.

Min Deposit
$100
Spread From
1 pips
Commission
None
Max Leverage
1:500
MetaTrader 5

Raw Spread Account

ECN Account

Swap Free

Direct market access with raw spreads and a small commission per trade.

Min Deposit
$500
Spread From
0 pips
Commission
$7/lot
Max Leverage
1:500
MetaTrader 5

Regulation & Legal Entities

Covenance Limited

Saint Lucia

Max Leverage: 1:500

Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Trading Platforms

MetaTrader 5

Desktop|Mobile|Web

Advanced ChartingExpert AdvisorsMulti-asset TradingEconomic Calendar

Trading Instruments

250+
Total Instruments
60
Forex Pairs
15
Indices
Commodities

Fees & Pricing

Deposits

Bank TransferFree
Credit CardFree
E-WalletsFree

Withdrawals

FeeN/A

Inactivity

Fee$N/A

Deposit Methods

Bank TransferVisaMastercardSkrillNetellerBitcoinTether (USDT)

Execution Technology

STP/ECN
Execution Type
Variable
Slippage
None
Requotes

Trading Features

Negative Balance Protection
Guaranteed Stop Loss
Trailing Stop
One-Click Trading
Mobile Trading
API Trading

Restricted Countries

Covenance does not accept clients from the following countries:

United StatesCanadaIsraelIranNorth Korea

Server Infrastructure

Total Servers
1
Endpoints
2
Countries
2
Primary Region
Asia Pacific

Server Locations

Hong Kong, HK(1)Singapore, SG(1)

Hosting & Connectivity Providers

Amazon/AWS(2)

Quick Info

HeadquartersGros-Islet, Saint Lucia
Years in Business3 years
Min Deposit$100
Spreads From0 pips
Max Leverage1:500
Account Types2
Open Account⭐ User Reviews on Trustpilot

Support

24/5
EmailLive ChatContact Form

Company Stats

Verified Data

Last verified: 2026-02-08

Frequently Asked Questions about Covenance

Everything you need to know about the broker's trading conditions

Is Covenance a regulated broker?

Yes, Covenance is regulated in Saint Lucia, providing a secure trading environment for its clients.

What is the minimum deposit required for Covenance?

The minimum deposit requirement to open an account with Covenance is $100.

What is the maximum leverage offered by Covenance?

Covenance offers a maximum leverage of up to 1:500 for retail traders, though this may vary based on your jurisdiction and the entity you register with.

Which trading platforms does Covenance support?

Covenance provides access to global markets through MetaTrader 5.

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