Scope Markets provide two different account types – the live trading One Account and the Risk-Free Demo trading account. The minimum deposit amount required to register a Scope Markets live trading account is $100 USD / R1600 ZAR.
| 🔎 Broker | 🥇 Scope Markets |
| 🚩 Account | 📌 One Account |
| 💰 Minimum Deposit | $100 USD |
| R1600 ZAR | |
| 📊 Spreads from | 0.9 pips |
| 📈 Commissions | None |
| ✴️ Trading Platform Options | MetaTrader 4 |
| MetaTrader 5 | |
| 📈 Maximum Leverage Ratio | 1:500 |
Min Deposit
USD 100
Regulators
IFSC, FSCA, CMA, CySEC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Scope Markets Account Types – 8 Key Point Quick Overview
- ☑️ Scope Markets Overview
- ☑️ Scope Markets Account Types
- ☑️ How to open a Scope Markets Account – A Step by Step Guide
- Scope Markets Demo Account
- Scope Markets Customer Reviews
- Scope Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
Scope Markets Overview
Scope Markets is a Global Online broker that offers institutional and retail trading services to investors worldwide. Scope Markets pride itself on transparency, honesty, candidness, excellence, and, innovation.
Scope Markets Account Types
Scope Markets provide two different account types – the live trading One Account and the Risk-Free Demo trading account. The minimum deposit amount required to register a Scope Markets live trading account is $100 USD / R1600 ZAR.
| 🔎 Broker | 🥇 Scope Markets |
| 🚩 Account | 📌 One Account |
| 💰 Minimum Deposit | $100 USD |
| R1600 ZAR | |
| 📊 Spreads from | 0.9 pips |
| 📈 Commissions | None |
| ✴️ Trading Platform Options | MetaTrader 4 |
| MetaTrader 5 | |
| 📈 Maximum Leverage Ratio | 1:500 |
How to open a Scope Markets Account – A Step by Step Guide
1. Step 1: Registration Process
In order to start the registration process, the applicant can click on the blue “Start Trading Now” button located on the homepage of the Scope Markets webpage.
2. Step 2: Registration Form
The applicant will be required to complete a general registration form and set up a secure password in order for the process to be completed.
Once the above-mentioned steps have been completed, the applicant will be met with a notification that states “Registration Successful”.
Scope Markets Demo Account
Scope Markets does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Scope Markets Demo account expires after 14 days. The Scope Markets Demo Account is funded with $50’000 USD in virtual currency.
| 🔎 Broker | 🥇 Scope Markets |
| 🚩 Account | 📌 Demo |
| ✅ Valid | 14 Days |
| ❤️ Risk-Free | ☑️ Yes |
Scope Markets Customer Reviews
5 Star Broker.
Not only is the account registration hassle-free but the customer support team is more than willing to assist. Wonderful team, 5 Star Broker. – Jason
Super Supportive.
I had some confusion in my registration process and the online chat helped me in mere minutes. Keep up the good work Scope Markets! – Jessica
Happy Client.
It is not very often that you find a broker with one account on offer, much less one account that supports most levels of trader experience. Pleasantly surprised! – Collin
Scope Markets Pros and Cons
| ✅ Pros | ❌ Cons |
| Well-regulated in SA | Spreads are marked-up |
| High Fund Security | Limited additional offerings |
| Dedicated Support | Limited range of markets |
Min Deposit
USD 100
Regulators
IFSC, FSCA, CMA, CySEC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, Scope Markets is very competitive in terms of its trading fees and spreads.
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Frequently Asked Questions
Can traders from South Africa open a Scope Markets trading account?
Yes, Traders based in South Africa can open a Scope Markets live trading account.
Does Scope Markets have ZAR accounts?
No, Scope Markets do not offer ZAR live trading accounts.
Do Scope Markets offer leverage?
Yes, Scope Markets offer leverage of up to 1:500.
Do Scope Markets allow hedging and scalping?
Yes, both scalping and hedging are allowed by Scope Markets.
Does Scope Markets have copy trading?
Yes, copy trading is made available via the MT5 trading platform, which is offered by Scope Markets.
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