This Scope Markets review provides a detailed look at the broker’s regulatory framework, trading conditions, asset offerings, and institutional capabilities. Scope Markets is a global forex and CFD broker offering multi-asset access via MT4 and MT5, with regulatory entities in Europe, Kenya, and the offshore jurisdiction of Belize.

Regulation and Safety

Scope Markets operates under multiple regulatory frameworks through regional subsidiaries:

• Belize: Scope Markets Ltd, licensed by IFSC (License No. IFSC/60/373/TS/19)
• Cyprus: SM Capital Markets Ltd, regulated by CySEC (License No. 339/17)
• Kenya: SCFM Ltd, regulated by CMA Kenya (License No. 123)

Clients under CySEC and CMA benefit from segregated accounts, investor compensation schemes, and leverage restrictions in line with ESMA or CMA guidelines. The Belize entity offers higher leverage but lower investor protection.

Execution Model and Trading Platforms

Scope Markets follows a hybrid STP/ECN execution model with no dealing desk intervention. The broker uses:

• MetaTrader 4 (desktop, mobile, web)
• MetaTrader 5 (desktop, mobile, web)

Both platforms support automated trading via Expert Advisors, hedging, and advanced order types. Scope Markets also offers FIX API access and VPS hosting for institutional and algorithmic traders.

Markets and Instruments

Scope Markets offers a broad range of CFD instruments across multiple asset classes:

• Forex – 40+ currency pairs
• Indices – S&P 500, DAX, FTSE, NASDAQ, etc.
• Commodities – Gold, silver, oil, natural gas
• Shares – US, EU, and UK equities (CFDs)
• Cryptocurrencies – BTC, ETH, XRP, LTC (via MT5 only)

All instruments are offered as CFDs with variable spreads and margin-based trading.

Accounts, Spreads and Leverage

Scope Markets provides account types that vary by regulatory region:

• Standard Account: Spreads from 1.2 pips, no commission
• Raw Account: Spreads from 0.0 pips, commission $6 per lot

Leverage:

• Up to 1:30 in EU (CySEC)
• Up to 1:400 (offshore/Belize)
• Up to 1:400 for CMA-regulated Kenyan clients

Minimum deposit is $100. Stop-out levels range between 20–50%. Islamic (swap-free) accounts are available upon request.

Funding and Base Currencies

Scope Markets supports the following funding options:

• Bank transfers (local and international)
• Credit/debit cards
• Skrill, Neteller
• MPesa (Kenya only)

Base currencies: USD, EUR, GBP, KES. Deposits are processed instantly or within 1 business day. Withdrawals typically take 1–3 days depending on the method used. No internal fees are charged, but third-party charges may apply.

Client Protections and Features

Client protections vary by regulatory entity:

• CySEC and CMA clients have access to investor compensation schemes
• Negative balance protection across all regions
• Segregated funds with top-tier banks
• 2FA, SSL encryption, and regular audits

Scope Markets also provides daily market analysis, economic calendars, and limited educational content.

Institutional and Retail Offering

Scope Markets caters to both retail and institutional clients:

• Retail – MT4/MT5 trading, low minimum deposits
• Institutional – FIX API, liquidity solutions, white-label services
• VPS hosting, account managers, and volume-based pricing available

The broker positions itself as a multi-jurisdictional provider for regional partners and asset managers.

Pros

• Multi-regulated broker with CySEC, CMA, and IFSC licenses
• MT4 and MT5 access with FIX API support
• Cryptocurrency CFDs available via MT5
• Islamic accounts and local funding options
• Institutional services including liquidity and white-label

Cons

• Limited educational resources
• No proprietary trading platform
• Cryptos not available on MT4
• Higher leverage available only offshore

Frequently Asked Questions

Is Scope Markets regulated?

Yes, Scope Markets is regulated by CySEC in Europe, CMA in Kenya, and IFSC in Belize.

What platforms does Scope Markets offer?

Scope Markets supports MetaTrader 4 and MetaTrader 5 on all devices. FIX API and VPS are also available.

What is the minimum deposit?

The minimum deposit to open an account is $100.

Can I trade cryptocurrencies with Scope Markets?

Yes, Scope Markets offers crypto CFDs like BTC and ETH via MT5, but not MT4.

Does Scope Markets offer institutional services?

Yes, Scope Markets provides FIX API, liquidity aggregation, and white-label solutions for institutional partners.