Overall, Scope Markets is very competitive in terms of its trading fees and spreads. Scope Markets can be summarised as a safe and well-regulated broker with a trust score of 90 out of 100 (High Trust).
🔎 Broker | 🥇 Scope Markets |
⚖️ Regulating Authorities | IFSC, FSCA, CMA, CySEC |
☪️ Islamic account (swap-free) | ❌ No |
📒 Demo Account | ☑️ Yes |
📊 Average Spread | 0.9 pips |
💬 Margin call | 50% |
🛑 Stop-out | 10% |
📈 Minimum trade size | 0.01 lots |
₿ Crypto trading | ❌ No |
⬆️ Maximum Leverage | 1:500 |
💰 Minimum Deposit (ZAR) | $100 USD / R1600 ZAR |
💰 Segregated Accounts | ☑️ Yes |
🚀 Open an Account | 👉 Open Account |
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 Review – 17 Key Point Quick Overview
- ☑️ Scope Markets Overview
- ☑️ Scope Markets Safety and Security
- ☑️ Scope Markets Sign Up Bonus
- ☑️ Scope Markets Minimum Deposit
- ☑️ Scope Markets Account Types
- ☑️ How to open a Scope Markets Account – A Step by Step Guide
- Scope Markets Demo Account
- Scope Markets Trading Platforms
- Scope Markets Fees, Spreads, and, Commission
- Scope Markets Deposit and Withdrawal
- Scope Markets Partnership Options
- Scope Markets vs Exness vs Tickmill – A Comparison
- Scope Markets Customer Reviews
- Scope Markets Current Popularity Trend
- 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 Safety and Security
Scope Markets can be summarised as a trustworthy broker as it is regulated by the Financial Services Commission of Belize (FSC). Scope Markets strives to provide its clients with a user-friendly online trading experience by demonstrating a commitment to the highest business standards and ethics. Furthermore, Negative Balance Protection is offered for individual accounts.
Scope Markets Sign Up Bonus
Scope Markets does offer a sign-up bonus of up to $100’000 USD / R1600’000 ZAR. A Trader has to deposit $100 USD to earn a deposit of $50 USD / R800 ZAR. The Scope Markets signup bonus is structured as a +50% bonus program.
🔎 Broker | 🥇 Scope Markets |
🎉 Sign Up Bonus | ☑️ Yes |
❤️ Bonus Structure | 50% |
💰 Min Deposit | $100 USD |
R1600 ZAR | |
📌 Bonus Up to | $100'000 USD |
💳 First Deposit Only | ☑️ Yes |
Scope Markets Minimum Deposit
The minimum deposit amount required to register a Scope Markets live trading account is $100. This required Scope Markets minimum deposit is equivalent to R 1600.00 ZAR at the current exchange rate between the US Dollar and South African Rand at the time of writing.
🔎 Broker | 🥇 Scope Markets |
💰 Min. Deposit | $100 USD |
R1600 ZAR | |
💳 Funding Methods | Visa |
Maestro | |
Skrill | |
🚀 Open an Account | 👉 Click Here |
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 Trading Platforms
Scope Markets offer both market-leading MetaTrader Platforms, MetaTrader4 and MetaTrader5. The MetaTrader Suite is a trader’s first choice when accessing global markets and trading different financial instruments.
🔎 Platform | 5️⃣ MetaTrader5 | 4️⃣ MetaTrader4 |
📈 Order Execution Types | 4 | 3 |
📉 Pending Order Types | 6 | 4 |
🔁 Symbols | Unlimited | 1024 |
📌 Technical Indicators | 38 | 30 |
📝 Programming Language | MQL5 | MQL4 |
🕛 Timeframes | 21 | 9 |
✅ Analytical Objects | 44 | 31 |
➡️ Strategy Tester | Multi-Threaded | Single Thread |
▶️ Trading Signals & Copy Trading | Yes | No |
📝 Reports | Charts (HTML5) & Tables | Tables Only |
📌 Built-in Economic Calendar | Yes | No |
Scope Markets Fees, Spreads, and, Commission
Trading with Scope Markets will involve fees from $100 USD / R 1600 ZAR, spreads from 0.09 pips, and commission-free trading where applicable. The required minimum deposit amount to register a 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 |
📈 Max Leverage | 1:500 |
Scope Markets Deposit and Withdrawal
Scope Markets make multiple popular and trusted deposit and withdrawal options available, including Credit Card (Visa or Mastercard), Skrill, Neteller, Wire Transfer, and several other alternative methods. The minimum top-up amount is $50 USD / R80 ZAR and additional fees will only apply to Bank Transfers.
In order to make a withdrawal, the account holder needs to log in to their Scope Markets account and Click on the My Wallet tab, and then Withdrawals.
Scope Markets Partnership Options
Scope Markets offer an IB – Introducing Broker Option that offers CPA or Revenue Share. When becoming a partner, the partner can earn up to 50% from spread revenue or up to $500 for every client introduced to Scope Markets.
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Scope Markets vs Exness vs Tickmill – A Comparison
🔎 Broker | 🥇 Scope Markets | 🥈 Exness | 🥉 Tickmill |
💰 Minimum Deposit | $100 USD | 📌 $500 USD | $100 USD |
R1600 ZAR | 📌 R7900 ZAR | R1600 ZAR | |
📊 Spreads from | 0.9 pips | 0.3 pips | 1.6 pips |
📈 Commissions | None | None | None |
✴️ Trading Platform | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 |
MetaTrader 5 | MetaTrader 5 | MetaTrader 5 | |
📈 Maximum Leverage Ratio | 1:500 | 📌 1:3000 | 1:500 |
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 Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term “Scope Markets” is entered into Google’s search engine over a given period of time.
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.
You might also like: Scope Markets Review
You might also like: Scope Markets Account Types Overview
You might also like: Scope Markets Demo Account – Step by Step
You might also like: Scope Markets Fees and Spreads
You might also like: Scope Markets Minimum Deposit
You might also like: Scope Markets Sign up Bonus
Disclaimer
Trading forex and other leveraged products contain a high level of risk and are not suitable for all investors. It is possible to lose more money than you invest while trading the high-risk financial instruments, and your losses may surpass your initial investment.
Before participating in such activities, ensure that you have a thorough understanding of the dangers and, if necessary, seek independent advice.
Frequently Asked Questions
Is Scope Markets a fake or scam?
No, Scope Markets is not a scam broker as it is highly regulated by the FSC.
What are the advantages of trading with Scope Markets?
The advantage of trading with Scope Markets, specifically for South African Traders, is that the broker is well-regulated in the country.
Which trading platforms are supported by Scope Markets?
Scope Markets offer both market-leading MetaTrader Platforms, MetaTrader4 and MetaTrader5.
What is the overall rating for Scope Markets out of 10?
The overall rating for Scope Markets is 9 out of 10.
What type of broker is Scope Markets?
Scope Markets is a non-dealing desk online foreign exchange broker.
Table of Contents
Toggle