Profile
This ScoreCM review evaluates the broker’s operational legitimacy, regulatory status, trading conditions, and transparency. ScoreCM markets itself as a forex and CFD broker offering a variety of instruments across a web-based platform. However, it is not regulated by any recognised financial authority, raising serious concerns about client fund protection, execution reliability, and withdrawal safety. Multiple warnings have been issued against ScoreCM by major regulators, flagging it as a potential scam operation.
Regulation and Safety
ScoreCM is not licensed or authorised by any Tier-1 or Tier-2 regulator. It has been flagged for operating without proper authorisation:
- FCA (UK): Issued a warning stating ScoreCM is providing financial services without approval
- CNMV (Spain): Also blacklisted ScoreCM as unauthorised
There is no evidence of segregated client accounts, negative balance protection, or any participation in investor compensation schemes. The lack of oversight presents a high financial risk to clients.
Execution Model and Trading Platforms
ScoreCM offers a proprietary web-based trading platform. No technical details about the platform’s execution speed, spread model, or liquidity sources are disclosed. Standard trading tools like MetaTrader 4/5 are not available.
- Execution Model: Undisclosed; likely a market-maker with full control over pricing
- No support for algorithmic trading or third-party integrations
- Mobile interface appears limited and lacks advanced charting tools
Markets and Instruments
ScoreCM advertises access to several CFD markets, including:
- Forex – Major, minor, and some exotic pairs
- Commodities – Gold, oil, silver
- Indices – DAX, NASDAQ, S&P 500
- Stocks – US and EU equities
- Cryptocurrencies – Bitcoin, Ethereum, Litecoin
Specific instrument lists, trading hours, and contract specifications are not published or verifiable.
Accounts, Spreads and Leverage
ScoreCM promotes several account tiers based on minimum deposit:
- Bronze: $250 minimum
- Silver: $5,000 minimum
- Gold: $25,000 minimum
- Platinum: $100,000+
- Spreads: Not transparent, likely inflated
- Leverage: Up to 1:400, with no risk disclosures
- Commission: Unclear; fees likely hidden in spreads
Clients have reported aggressive upselling practices tied to account upgrades.
Funding and Base Currencies
ScoreCM accepts deposits through limited and potentially insecure channels:
- Credit/debit cards
- Bank wires
- Cryptocurrency (BTC and USDT)
Withdrawals are often delayed or blocked, according to user complaints. The broker provides no transparent withdrawal policy or timelines.
Client Protections and Features
- No regulatory protection or compensation scheme
- No published risk warnings or disclosures
- Withdrawal delays and suspected fund blocking
- No visible client portal security features (e.g., 2FA)
Overall, ScoreCM fails to meet even minimum standards of client safety and transparency.
Institutional and Retail Offering
ScoreCM targets retail traders via online ads and cold-calling. There is no institutional offering and no support for advanced trading infrastructure:
- Retail: Web-based trading with vague terms
- Institutional: Not offered – no FIX API, white-label, or liquidity options
Pros
- Wide range of CFD instruments across major asset classes
- Low minimum deposit requirement ($250)
Cons
- Unregulated and blacklisted by multiple financial authorities
- No MetaTrader platform or advanced tools
- Non-transparent pricing and leverage policies
- Documented issues with withdrawals and fund safety
Frequently Asked Questions
Is ScoreCM a regulated broker?
No, ScoreCM is not regulated and has been blacklisted by regulators including the FCA and CNMV.
What trading platform does ScoreCM use?
ScoreCM uses a proprietary web-based platform with limited functionality and no third-party integrations.
What is the minimum deposit at ScoreCM?
The minimum deposit is $250 for a Bronze account, though higher-tier accounts require much more.
Are withdrawals reliable with ScoreCM?
No, there are multiple complaints of withdrawal delays or denials, with no formal resolution process.
Is ScoreCM safe to trade with?
No, due to the lack of regulation, client protections, and negative regulatory history, ScoreCM is considered high risk.