All Share (J203) = 89 898
Rand / Dollar = 18.27
Rand / Pound = 23.64
Rand / Euro = 19.71
Gold (usd/oz) = 3 073.95
Platinum (usd/oz) = 985.29
Brent (usd/barrel) = 73.23
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Scope Markets Review

 

Scope Markets Review

 

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 AuthoritiesIFSC, FSCA, CMA, CySEC
☪️ Islamic account (swap-free)❌ No
📒 Demo Account☑️ Yes
📊 Average Spread0.9 pips
💬 Margin call50%
🛑 Stop-out10%
📈 Minimum trade size0.01 lots
₿ Crypto trading❌ No
⬆️ Maximum Leverage1:500
💰 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

 

  1. ☑️ Scope Markets Overview
  2. ☑️ Scope Markets Safety and Security
  3. ☑️ Scope Markets Sign Up Bonus
  4. ☑️ Scope Markets Minimum Deposit
  5. ☑️ Scope Markets Account Types
  6. ☑️ How to open a Scope Markets Account – A Step by Step Guide
  7. Scope Markets Demo Account
  8. Scope Markets Trading Platforms
  9. Scope Markets Fees, Spreads, and, Commission
  10. Scope Markets Deposit and Withdrawal
  11. Scope Markets Partnership Options
  12. Scope Markets vs Exness vs Tickmill – A Comparison
  13. Scope Markets Customer Reviews
  14. Scope Markets Current Popularity Trend
  15. Scope Markets Pros and Cons
  16. Conclusion
  17. Frequently Asked Questions

 

Scope Markets Top Bar

 

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 Overview

 

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 Safety and Security

 

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 Structure50%
💰 Min Deposit$100 USD
R1600 ZAR
📌 Bonus Up to$100'000 USD
💳 First Deposit Only☑️ Yes

 

Scope Markets Sign Up Bonus 1 Scope Markets Sign Up Bonus 2 Scope Markets Sign Up Bonus 3

 

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 MethodsVisa
Maestro
Skrill
🚀 Open an Account👉 Click Here

 

Scope Markets Minimum Deposit

 

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 from0.9 pips
📈 CommissionsNone
✴️ Trading Platform OptionsMetaTrader 4
MetaTrader 5
📈 Maximum Leverage Ratio1:500

 

Scope Markets One Account

 

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.

 

Scope Markets Account 1

 

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.

 

Scope Markets Account 2

 

Once the above-mentioned steps have been completed, the applicant will be met with a notification that states “Registration Successful”.

 

Scope Markets Account 3

 

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
✅ Valid14 Days
❤️ Risk-Free☑️ Yes

 

Scope Markets Demo Account

 

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.

 

🔎 Platform5️⃣ MetaTrader54️⃣ MetaTrader4
📈 Order Execution Types43
📉 Pending Order Types64
🔁 SymbolsUnlimited1024
📌 Technical Indicators3830
📝 Programming LanguageMQL5MQL4
🕛 Timeframes219
✅ Analytical Objects4431
➡️ Strategy TesterMulti-ThreadedSingle Thread
▶️ Trading Signals & Copy TradingYesNo
📝 ReportsCharts (HTML5) & TablesTables Only
📌 Built-in Economic CalendarYesNo

 

Scope Markerts MT4 Scope Markets MT5

 

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 from0.9 pips
📈 CommissionsNone
📈 Max Leverage1:500

 

Scope Markets Fees and Spreads

 

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 Deposit and Withdrawal

 

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.

 

Scope Markets Partnerships

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

Scope Markets vs Exness vs Tickmill – A Comparison

 

🔎 Broker🥇 Scope Markets🥈 Exness🥉 Tickmill
💰 Minimum Deposit$100 USD📌 $500 USD$100 USD
R1600 ZAR📌 R7900 ZARR1600 ZAR
📊 Spreads from0.9 pips0.3 pips1.6 pips
📈 CommissionsNoneNoneNone
✴️ Trading PlatformMetaTrader 4MetaTrader 4MetaTrader 4
MetaTrader 5MetaTrader 5MetaTrader 5
📈 Maximum Leverage Ratio1:500📌 1:30001:500

 

Scope Markets Comparison

 

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

 

TrustPilot 5 Stars

 

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

 

TrustPilot 4 Star

 

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

 

TrustPilot 3 Star

 

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 Trend 1

Scope Markets Pros and Cons

 

✅ Pros❌ Cons
Well-regulated in SASpreads are marked-up
High Fund SecurityLimited additional offerings
Dedicated SupportLimited 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.

 

4.5/5 - (4 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 8, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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