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Score
Belize
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk
Influence
Add brokers
Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index7.26
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
RS Global Ltd
Company Abbreviation
Scope Markets
Platform registered country and region
Belize
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
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, 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 | 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 |
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 |
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 | ❌ |
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 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 |
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 |
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 |
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