Scope Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-07-31 15:09

Abstract：Scope Markets, founded in 2009, is a brokerage registered in Belize. The trading instruments it provides cover currencies, index, metals, commodities, stocks, and futures. It offers four account types, with a minimum deposit of $10 and a leverage up to 1:1000 on MT4 and MT5 platform. However, its licenses are all unverified, which means potential risks cannot be ignored.

Scope Markets Review Summary
Founded	2009
Registered Country/Region	Belize
Regulation	CYSEC, FSA, FSCA, FSC (Unverified)
Market Instruments	Forex, indices, energies, metals, shares, futures, commodities
Demo Account	✔
Leverage	Up to 1:1000
Spread	From 0 pips
Trading Platform	MT4, MT5
Minimum Deposit	$10
Customer Support	Phone: +44 20 3051 6959
	Email: support@scopemarkets.com
	Social Media: X, LinkedIn, Facebook, YouTube, Instagram
	Address: 6160, Park Avenue, Buttonwood Bay, Lower Flat Office Space Front, Belize City, Belize

Scope Markets Information

　　Scope Markets, founded in 2009, is a brokerage registered in Belize. The trading instruments it provides cover currencies, index, metals, commodities, stocks, and futures. It offers four account types, with a minimum deposit of $10 and a leverage up to 1:1000 on MT4 and MT5 platform. However, its licenses are all unverified, which means potential risks cannot be ignored.

Pros and Cons

Pros	Cons
MT4 and MT5 supported	Unverified licenses
Wide range of trading instruments	Commission fees charged
Islamic trading account offered
Demo trading account offered
MT4 and MT5 supported
Low minimum deposit
Diverse payment options

Is Scope Markets Legit?

Regulated Country	Regulated Authority	Current Status	License Type	License Number
Cyprus	The Cyprus Securities and Exchange Commission (CySEC)	Unverified	Straight Through Processing (STP)	339/17
Seychelles	The Seychelles Financial Services Authority（FSA）	Unverified	Retail Forex License	SD079
South Africa	Financial Sector Conduct Authority (FSCA)	Unverified	Financial Service Corporate	47025
Belize	Financial Services Commission (FSC)	Unverified	Common Financial Service License	000274/19

What Can I Trade on Scope Markets?

　　Scope Markets offers traders the opportunity to trade forex, indices, energies, metals, shares, futures, commodities.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Energies	✔
Metals	✔
Shares	✔
Futures	✔
Commodities	✔
Bonds	❌
ETFs	❌
Cryptocurrencies	❌
Options	❌

Account Types

　　Scope Markets offers 4 different types of accounts to traders, which are One Account and Islamic Account, Scope Invest Account, Scope Elite Account. It also provides a demo account. The minimum deposit is $10.

Account Type	One Account	Islamic Account	Invest Account	Scope Elite Account
Minimum Deposit	$10	$10	$10	$20000
Maximum Leverage	1:1000	1:1000	1:1	1:1000

Scope Markets Fees

　　Scope Markets claims to offer low spreads and charges low commissions.

Account Type	One Account	Islamic Account	Invest Account	Scope Elite Account
Spreads	From 0.9 pips	From 0.9 pips	From 0.1 pips	From 0 pips
Commissions	$5 Futures and Spot Commodities, up to 35% for Shares	$5	0%	$3.50

Trading Platform

　　Scope Markets's trading platforms are MT4 and MT5, which support traders on PC and mobile.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC, Web, Mobile	Beginners
MT5	✔	PC, Web, Mobile	Experienced traders

Deposit and Withdrawal

　　The broker doesn't charge withdrawal fees. It supports 3 types of deposit and withdrawal methods, which are RMB local transfer, USDT, Bank wire global.

Payment Method	Minimum Deposit	Minimum Withdrawal	Deposit Processing Time	Withdrawal Processing Time	Deposit Fee	Withdrawal Fee
International Bank Transfer	50 USD or equivalent in local currency	50 USD or equivalent in local currency	3-5 business days	3-5 business days	Scope Markets does not charge any fee. Sender bank might impose charges	Scope Markets does not charge any fee. Sender bank might impose charges
Visa	10 USD or equivalent in local currency	50 USD or equivalent in local currency	Instant	3-5 business days	0	0
Mastercard	10 USD or equivalent in local currency	50 USD or equivalent in local currency	Instant	3-5 business days	0	0
Neteller	10 USD or equivalent in local currency	50 USD or equivalent in local currency	Instant	Instant	0	0
Skrill	10 USD or equivalent in local currency	50 USD or equivalent in local currency	Instant	Instant	0	0
Local Bank Transfer	10 USD or equivalent in local currency	50 USD or equivalent in local currency	0-8 hrs	0-8 hrs	0	0
VietQR	20 USD or equivalent in local currency	/	0-8 hrs	/	0	/
MoMo	10 USD or equivalent in local currency	/	0-8 hrs	/	0	/
Zalo Pay	10 USD or equivalent in local currency	/	0-8 hrs	/	0	/
CUP	200 USD or equivalent in local currency	/	0-8 hrs	0-8 hrs	0	0
DC/EP	50 USD or equivalent in local currency	/	0-8 hrs	/	0	/
Alipay	50 USD or equivalent in local currency	/	0-8 hrs	/	0	/
THB QR Code	10 USD or equivalent in local currency	50 USD or equivalent in local currency	0-8 hrs	/	0	0
MYR QR Code	110 USD or equivalent in local currency	50 USD or equivalent in local currency	0-8 hrs	/	0	0
MYR FPX	10 USD or equivalent in local currency	50 USD or equivalent in local currency	0-8 hrs	/	0	0
VND QR Code	10 USD or equivalent in local currency	50 USD or equivalent in local currency	0-8 hrs	/	0	0