Scope Markets Review 2026

Top Brokers Overview — United States
How we tested Scope Markets

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Scope Markets Pros & Cons

  • This broker is convenient for novice traders, as the minimum deposit is only $10;
  • Professional market participants will appreciate the large choice of CFDs, significant leverage, and the absence of trading restrictions;
  • Since this broker has only one live account type, its clients do not need to puzzle over which account is optimal for them;
  • Scope Markets is an ECN (Electronic Communication Network) broker, which ensures fast execution of trades and no delays in transactions;
  • MT4 and MT5 are recognized as easy-to-use and reliable solutions that are easily customized;
  • The broker has low spreads, and there are no trading fees, so the trader's costs in the trading process are minimal.
  • There are many trading instruments in this broker's pool, but they are all CFDs;
  • Analytics is available only for the simplest solutions, and there is no Autochartist and digests;

Scope Markets provides access to CFDs on currency pairs, indices, stocks, commodities, and metals. Its clients can register two account types, namely demo and live. A demo account is free to open; for a live account, you need to deposit $10 minimum. To deposit and withdraw funds, traders can use bank transfers, Skrill, Neteller, and Visa/MasterCard bank cards. Trading conditions look attractive, as there are floating spreads from 0.9 pips, no fees, and leverage up to 1:1000. Traders have access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), including their mobile versions. The broker's website contains a large number of educational materials, and each client can participate in webinars if desired. There is a welcome bonus. The broker offers partnerships for individuals and legal entities.

TU Expert Verdict

Chief Analytics Officer

Scope Markets carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Scope Markets provides access to trading CFDs on Forex, indices, stocks, commodities, and metals through MetaTrader 4 and MetaTrader 5, with both demo and live accounts available. The broker operates under FSC Belize and CMA Kenya regulation, offers fast ECN execution, and supports leverage up to 1:1000. Minimum deposits start at $10, spreads are competitive from 0.9 pips, and there are no trading or withdrawal fees unless withdrawing more than once per day. Traders can use major bank cards, Skrill, Neteller, or bank wire for transactions, and the broker offers educational resources and webinars for clients.

Drawbacks include the absence of Tier-1 regulation, no passive investment services, all instruments offered as CFDs, and the range of deposit and withdrawal methods is relatively limited. Customer support is only available during weekdays and often receives poor feedback for response time and effectiveness. Scope Markets may not be suitable for traders who need a selection of account types, diversified asset classes such as cryptocurrencies or ETFs, or require prompt and comprehensive support, but it remains an accessible option for self-directed CFD traders seeking low-cost trading conditions.

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Scope Markets User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
3.8 /10
49 total
  • 5-star
    0%
  • 4-star
    2%
  • 3-star
    20%
  • 2-star
    43%
  • 1-star
    35%
Francois Out
1 year ago

I’ve been trading with Scope Markets for two months — so far everything is satisfactory: order execution is fast, delays are rare, and the minimum lot is 0.01. I was attracted by the wide availability of CFDs: over 60 currency pairs, stocks, metals, indices, and commodities. Withdrawals are not a problem; the first withdrawal is free, and subsequent ones have a fixed fee. Among the drawbacks — only one type of live account is available, so you can’t choose between different options (ECN, Standard, etc.), and there are no PAMM accounts or trade copying. Regulation isn’t top-tier — FSC Belize — but for me, the technical parameters are more important, and they are fine.

Brandon McGee
1 year ago

Scope Markets is not suitable for those looking for passive investments — there are no PAMM accounts or copy trading, only an Introducing Broker program. On the plus side: minimum deposit is $100, demo mode is available, MT4 and MT5 are supported, and trade execution is fast. If your main goal is to trade independently, this broker will do, but for investments, it’s better to look for other options.

chanmiriam383
1 year ago

Scope Markets offers an easy entry — you can start with $100 and try a demo account. On the technical side, the platform works fine, spreads are average, and support responds, though it’s only available on weekdays and for 12 hours a day. A downside for me is the lack of passive income services and the fact that all instruments are only available in CFD format.

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    8 /10

    The trading and non-trading commissions of Scope Markets have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • Low Forex trading fees
    • Tight EUR/USD market spread
    • No inactivity fee
    • No deposit fee
    • No withdrawal fee
    • Complex fee structure

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of Scope Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

    Standard Account Spread

    For Standard accounts, Scope Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

    Scope Markets Standard spreads
    Scope Markets OANDA FOREX.com
    EUR/USD min, pips 0.15 0.1 0.7
    EUR/USD max, pips 0.3 0.5 1.2
    GPB/USD min, pips 0.2 0.1 0.9
    GPB/USD max, pips 0.4 0.5 1.4

    RAW/ECN Account Commission And Spread

    The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

    Scope Markets RAW/ECN spreads
    Scope Markets OANDA FOREX.com
    Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 4.5 3.5 5
    EUR/USD avg spread 0.1 0.15 0.2
    GBP/USD avg spread 0.15 0.2 0.4

    Non-Trading Fees

    We conducted a detailed analysis of the non-trading fees associated with Scope Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    Scope Markets Non-Trading Fees
    Scope Markets OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0
    Inactivity fee ($, per month) 0 0 15
  • Is Scope Markets Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    7 /10

    Scope Markets has a safety score of 7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

    • Is regulated
    • Negative balance protection
    • Track record over 13 years
    • Not tier-1 regulated
    Scope Markets Regulators and Investor Protection
    FSC (Belize)FSC (Belize) Full Name Financial Services Commission of Belize Country of regulation Belize Investor Protection Fund No specific fund Regulation Level Tier-3
    Abbreviation CMA (Kenya) Full Name The Capital Markets Authority Country of regulation Kenya Investor Protection Fund KES 50,000 Regulation Level Tier-2
    Scope Markets Security Factors
    Foundation date 2013
    Negative balance protection
    Yes
    Verification (KYC)
    Yes
  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    4 /10

    Scope Markets offers the following account options: Demo, Standard, ECN/Raw spread, Managed.

    However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

    • Low minimum deposit
    • Demo account
    • Tight spread ECN account
    • No Swap Free account
    • No Cent account
    Scope Markets account types vs top competitors
    Scope Markets Plus500 Trading.com
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    Yes
    No
    No
    Demo
    Yes
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    No
    No
    No
    Swap Free
    No
    No
    No
    VIP
    No
    No
    No
    Managed
    Yes
    No
    No

    Scope Markets accounts trading conditions

    If a broker offers several account types, the first step is to carefully select the type that is best for him. At Scope Markets, the user immediately gets access to one live account with universal trading conditions upon registration and verification. The choice of a trading platform is of conceptual importance. MT4 and MT5 are similar, but they have a lot of differences in terms of functions and customization options. TU experts recommend trying both solutions if you haven't worked with them before. As for the IB program, everyone is eligible to participate in it. An ordinary trader who does not have serious resources to attract clients to this broker is unlikely to be able to gain significant benefits.

    Account types:

    Account Type Description
    Demo This account type is available free of charge. Traders work with real quotes, but virtual currency. There is neither risk nor real profit;
    Live To start trading, in addition to registration and verification, a minimum deposit of $10 is required. Traders get access to all the assets from this broker's pool and a personal manager. They trade with spreads from 0.9 pips and with no fees, using leverage up to 1:1000.

    The usual practice is to open a demo account first, and then a live one. The demo promotes learning the site and its capabilities without the risk of financial losses. Moreover, by trading virtual currency in real markets, traders get a chance to test and improve their strategy without the risk of losing money. When they are convinced of the comfort of the conditions and are ready to trade for real, they can open a live account. Scope Markets offers only one account type, so traders don’t have to puzzle over which to choose.

  • Deposit and Withdrawal

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    5.8 /10

    Scope Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

    Scope Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

    • No withdrawal fee
    • Bank wire transfers available
    • Bank card deposits and withdrawals
    • Minimum deposit below industry average
    • Limited deposit and withdrawal flexibility, leading to higher costs
    • PayPal not supported
    • Only major base currencies available

    What are Scope Markets deposit and withdrawal options?

    Scope Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill.

    Scope Markets Deposit and Withdrawal Methods vs Competitors
    Scope Markets Plus500 Trading.com
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    Yes
    Yes
    Yes
    PayPal
    No
    Yes
    No
    Wise
    No
    No
    No
    BTC
    No
    No
    No

    What are Scope Markets base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Scope Markets supports the following base account currencies: USD, EUR, GBP, AED.

    What are Scope Markets's minimum deposit and withdrawal amounts?

    The minimum deposit on Scope Markets is $10, while the minimum withdrawal amount is $50. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Scope Markets’s support team.

  • Markets and Tradable Assets

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    7.5 /10

    Scope Markets offers a wider selection of trading assets than the market average, with over 40000 tradable assets available, including 40 currency pairs.

    • Copy trading platform
    • 40 supported currency pairs
    • 40000 assets for trading
    • Bonds not available
    • Futures not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by Scope Markets with its competitors, making it easier for you to find the perfect fit.

    Scope Markets Plus500 Trading.com
    Currency pairs 40 60 69
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 40000 2800 69
    Stocks
    Yes
    Yes
    No
    Commodity futures
    Yes
    Yes
    No
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    No
    Yes
    No
    Stock indices
    Yes
    Yes
    No
    Options
    No
    Yes
    No

    Investment options

    We also explored the trading assets and products Scope Markets offers for beginner traders and investors who prefer not to engage in active trading.

    Scope Markets Plus500 Trading.com
    Bonds
    No
    No
    No
    ETFs
    No
    Yes
    No
    Copy trading
    Yes
    No
    No
    PAMM investing
    Yes
    No
    No
    Managed accounts
    Yes
    No
    No
  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at Scope Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    9 /10

    We successfully registered an account with Scope Markets in 7 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Scope Markets is $10. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Fully online account opening process
    • Fast registration time (up to 15 minutes)
    • Low minimum deposit requirement
    • Account approval may require extra time depending on the documentation.
    Scope Markets account opening
    Scope Markets Plus500 Trading.com
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $10 $100 $50
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 7 20
    KYC time (days) 2 3 2

    Is Scope Markets available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

    Account opening details

    To start working with Scope Markets, register on its official website, complete verification, and make a deposit not less than the minimum. TU experts have prepared a step-by-step guide on registration and the possibilities of the user account.

    • Go to this broker's website. Select the interface language from the top menu and click the “Start Trading Now” button.

    • Enter your first and last names, email, phone number, and your country of residence. Create a password, agree to the terms of service by ticking the box, and click the “Submit” button.

    • A letter with the identifier of the demo account will be sent to the specified email. Also, in the letter there will be links to the MT4 and MT5 distributions.

    • Return to this broker's website and click the “Login” button in the top right corner. Enter your email and password.

    • Enter your full registration address with the post code and your date of birth. Answer a few questions and click the “Next” button.

    • A three-digit code will be sent to your email. If for some reason it did not arrive, click the “Get Code” button. Enter it in the appropriate field to confirm the email and click the “Next” button.

    • Answer a few questions about your income and trading experience. Click the “Next” button after completing each block.

    • Upload scans/photos of documents confirming your identity. Read the comments on the screen and follow the instructions carefully. Note that there are four sections in the verification block and you need to fill in each of them.

    • Click the “Open Account” button. Select a live account type, specify the platform, and basic currency. You will receive an account number and a password to enter the trading platform. Now make a deposit, download MT4 or MT5, and start trading.

    Features of the user account:

    • In the dashboard, traders can see detailed information about their accounts, including open and closed trades;
    • Deposits and withdrawals are carried out through the appropriate options;
    • In the profile settings, the user adjusts personal data and security settings;
    • There is a live chat with technical support and an email button;
    • Access to training materials and analytical tools is provided through this broker's website.
  • Customer Support

    Score:
    We evaluated Customer Support at Scope Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    1.4 /10

    Scope Markets demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.

    During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.

    Information

    Any trader sooner or later faces situations that their experience and qualifications cannot resolve. This may be, for example, ambiguities in trading or difficulties in withdrawing funds. If a broker's clients receive timely and competent assistance, they continue to work with it. But if client support does not satisfy traders in terms of efficiency or competence, they may be disappointed and leave for a competitor. Scope Markets offers technical support that is highly evaluated by users and experts. It is available by such standard communication channels as phone, email, and live chat. Unfortunately, managers do not work at night or on weekends.

    • Non-clients of this broker can contact technical support
    • During the daytime, support responds promptly via all communication channels
    • Each client is provided with a personal manager
    • Support is not available at night or on weekends

    Whether you are this broker’s client or just intend to be, do not hesitate to contact client support for any questions via the following communication channels:

    • call center;
    • email (English);
    • email (German);
    • live chat on this broker's website and in the user account.

    The broker has its profiles on such social platforms as LinkedIn, Twitter, Facebook, Instagram, and YouTube. There, you can also contact technical support. Subscribe to at least one profile in order to quickly track the company’s news.

    Contacts
    Foundation date 2013
    Registration address 6160, Park Avenue, Buttonwood Bay, Lower Flat Office Space Front, Belize City, Belize
    Regulation FSC (Belize), CySEC, CMA (Kenya) Licence number:
    000274/2, 339/17, 123
    Official site https://www.scopemarkets.com/en
    Contacts support@scopemarkets.com +44 20 3051 6959

Best Scope Markets Alternatives

Plus500
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OANDA
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6.7 /10
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FOREX.com
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Venom by Cobra Trading
Logo Venom by Cobra Trading
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6.4 /10
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FAQs

How do safety reviews assess the regulation and investor protection at Scope Markets?

Scope Markets has a safety score of 7/10, which corresponds to a medium security level in the reviewed methodology. It is regulated by the FSC in Belize (Tier-3, no specific investor compensation fund) and the CMA in Kenya (Tier-2, with an investor protection fund of KES 50,000), and it offers negative balance protection and KYC verification, but it is not classified as a Tier-1 regulated broker.

What account types and trading conditions are described for Scope Markets?

The review states that Scope Markets offers demo, standard, ECN/raw spread, and managed accounts, but does not provide cent, micro, swap-free, or VIP accounts. It notes that clients effectively get one live account type with universal conditions after registration and verification, including a minimum deposit of $10, spreads from 0.9 pips, leverage up to 1:1000, and access to MT4 or MT5 platforms.

What do user reviews say about Scope Markets overall?

Based on available user reviews, Scope Markets has a user satisfaction score of 3.8/10 from 49 reviews, with most ratings being 2-star or 1-star. The rating distribution shows 0% 5-star, 2% 4-star, 20% 3-star, 43% 2-star, and 35% 1-star, indicating that overall user feedback is mostly negative in this review sample.

What deposit and withdrawal conditions are highlighted for Scope Markets?

The review notes that Scope Markets has a medium score of 5.75/10 for its deposit and withdrawal processes, offering bank cards, bank wire, and Skrill, with no withdrawal fee and a minimum deposit of $10 and minimum withdrawal of $50. It also mentions that USDT payments are not accepted, BTC is not available as a base currency, and that limited funding options may lead to higher costs, while base account currencies include USD, EUR, GBP, and AED.

How is Scope Markets customer support described in expert feedback?

Scope Markets receives a low customer support score of 1.4/10, with testing indicating that contacting support can be difficult and responses may be delayed or incomplete. At the same time, the section notes that support is available via phone, email (including English and German), live chat, and social media during daytime hours, but not at night or on weekends, and that each client is assigned a personal manager.

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