Read our brief overview of international forex broker, Scope Markets before you trade.
Founded in 2014, Scope Markets is a multi-regulated broker that is licensed in multiple jurisdictions, with a specific focus on Forex and CFDs. It provides traders with access to more than 3,000 symbols across a total of eight asset classes on several different trading platforms, serving a client base from over 300 countries worldwide.
While there is an economic calendar and some eBooks, the broker has a poor educational section and an extremely limited range of account types for traders to choose from, while the company’s own website is lacking in detail. Also, the deposit and withdrawal options for European clients are very basic and the customer service team only operates 24/5.
Company Name | Scope Markets |
Established | 2014 |
Headquarters | Limassol, Cyprus |
Regulation | CySEC (Cyprus), FCA (UK), FSA (Seychelles), FSCA (South Africa), FSC (Belize) |
Trading Platforms | Scope Trader, WebTrader, Mobile App, IRESS, CQG, MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Account Types | Standard, Professional |
Account Currency | USD, EUR, GBP, and more |
Tradable Instruments | Forex, Indices, Stocks, Commodities, Energies, Metals |
Minimum Deposit | $50 |
Customer Support | 24/5 (Email, Chat, Phone) |
Additional Features
Feature | Availability |
Regulated Broker | ✅ |
Trading Contests | ❌ |
Mobile Trading | ✅ |
Educational Resources | ✅ |
Web-Based Platform | ✅ |
Research Tools | ❌ |
MetaTrader 4 (MT4) | ✅ |
MetaTrader 5 (MT5) | ✅ |
Accept US Clients | ❌ |
Accept EU Clients | ✅ |
Swap-Free / Islamic Accounts | ✅ |
Copy Trading | ❌ |
Demo Accounts | ✅ |
Negative Balance Protection | ✅ |
Segregated Accounts | ✅ |
Virtual Private Servers (VPS) | ❌ |
24/5 Support | ✅ |
Inactivity Fees | ❌ |
Promotions | ❌ |
Hedging Allowed | ✅ |
