Read our brief overview of international forex broker, Scope Markets before you trade.
Established in 2014, Scope Markets is a globally regulated forex and CFD broker that provides access to a wide selection of more than 3,000 trading instruments across eight asset classes. The broker operates under multiple licences, including regulation by the Financial Conduct Authority (FCA) in the United Kingdom, the Capital Markets Authority (CMA) in Kenya, and the International Financial Services Commission (IFSC) in Belize. This broad regulatory coverage ensures transparency and compliance across its international operations.
Scope Markets offers trading through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its own Scope Markets WebTrader, providing flexible access across desktop, web, and mobile devices. Execution speeds are fast, spreads remain competitive, and clients can choose from various account currencies, including USD, EUR, GBP, and KES for African traders.
The broker supports a modern trading environment with advanced charting tools, integrated market analysis, and multi-language support. Deposits and withdrawals can be made through a range of secure methods such as bank transfer, card payments, and selected e-wallets. While support is currently available 24/5, response times are typically fast and customer feedback is generally positive.
In terms of education, Scope Markets has started expanding its training and insights hub, offering webinars, tutorials, and regular market updates to help traders enhance their understanding. Though the library is not as extensive as that of larger global competitors, the material available is clear and practical, particularly for those new to trading.
Overall, Scope Markets has evolved into a well-regulated and forward-looking brokerage, combining solid technology with a wide market selection. With its multiple licences, strong global presence, and reliable platform options, it represents a trustworthy and competitive choice for traders seeking a regulated environment with global reach.
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 | ✅ |
