Score

1.54 /10
Danger

Scope Markets

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

D

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Quantity 1

Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index7.26

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

VPS Standard
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Single Core

1G

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Broker Information

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Company Name

RS Global Ltd

Company Abbreviation

Scope Markets

Platform registered country and region

Belize

Company website

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Company summary

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Warning: Low score, please stay away! 9
Previous Detection : 2025-08-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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Scope Markets · Company summary
Scope Markets Review Summary
Founded2009
Registered Country/RegionBelize
RegulationCYSEC, FSA, FSCA, FSC (Unverified)
Market InstrumentsForex, indices, energies, metals, shares, futures, commodities
Demo Account
LeverageUp to 1:1000
SpreadFrom 0 pips
Trading PlatformMT4, MT5
Minimum Deposit$10
Customer SupportPhone: +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.

Scope Markets Information

Pros and Cons

ProsCons
MT4 and MT5 supportedUnverified licenses
Wide range of trading instrumentsCommission 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 CountryRegulated AuthorityCurrent StatusLicense TypeLicense Number
CyprusThe Cyprus Securities and Exchange Commission (CySEC)UnverifiedStraight Through Processing (STP)339/17
SeychellesThe Seychelles Financial Services Authority(FSA)UnverifiedRetail Forex LicenseSD079
South AfricaFinancial Sector Conduct Authority (FSCA)UnverifiedFinancial Service Corporate47025
BelizeFinancial Services Commission (FSC)UnverifiedCommon Financial Service License000274/19
license
license
license
license

What Can I Trade on Scope Markets?

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

Tradable InstrumentsSupported
Forex
Indices
Energies
Metals
Shares
Futures
Commodities
Bonds
ETFs
Cryptocurrencies
Options
assets

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 TypeOne AccountIslamic AccountInvest AccountScope Elite Account
Minimum Deposit$10$10$10$20000
Maximum Leverage1:10001:10001:11:1000
Account Types

Scope Markets Fees

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

Account TypeOne AccountIslamic AccountInvest AccountScope Elite Account
SpreadsFrom 0.9 pipsFrom 0.9 pipsFrom 0.1 pipsFrom 0 pips
Commissions$5 Futures and Spot Commodities, up to 35% for Shares$50%$3.50

Trading Platform

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

Trading PlatformSupportedAvailable DevicesSuitable for
MT4PC, Web, MobileBeginners
MT5PC, Web, MobileExperienced traders
Trading Platform

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 MethodMinimum DepositMinimum WithdrawalDeposit Processing TimeWithdrawal Processing TimeDeposit FeeWithdrawal Fee
International Bank Transfer50 USD or equivalent in local currency50 USD or equivalent in local currency3-5 business days3-5 business daysScope Markets does not charge any fee. Sender bank might impose chargesScope Markets does not charge any fee. Sender bank might impose charges
Visa10 USD or equivalent in local currency50 USD or equivalent in local currencyInstant3-5 business days00
Mastercard10 USD or equivalent in local currency50 USD or equivalent in local currencyInstant3-5 business days00
Neteller10 USD or equivalent in local currency50 USD or equivalent in local currencyInstantInstant00
Skrill10 USD or equivalent in local currency50 USD or equivalent in local currencyInstantInstant00
Local Bank Transfer10 USD or equivalent in local currency50 USD or equivalent in local currency0-8 hrs0-8 hrs00
VietQR20 USD or equivalent in local currency/0-8 hrs/0/
MoMo10 USD or equivalent in local currency/0-8 hrs/0/
Zalo Pay10 USD or equivalent in local currency/0-8 hrs/0/
CUP200 USD or equivalent in local currency/0-8 hrs0-8 hrs00
DC/EP50 USD or equivalent in local currency/0-8 hrs/0/
Alipay50 USD or equivalent in local currency/0-8 hrs/0/
THB QR Code10 USD or equivalent in local currency50 USD or equivalent in local currency0-8 hrs/00
MYR QR Code110 USD or equivalent in local currency50 USD or equivalent in local currency0-8 hrs/00
MYR FPX10 USD or equivalent in local currency50 USD or equivalent in local currency0-8 hrs/00
VND QR Code10 USD or equivalent in local currency50 USD or equivalent in local currency0-8 hrs/00
Deposit and Withdrawal
Deposit and Withdrawal

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2021-12-15 16:52
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子钧
more than one year
Having been working with SM-INVEST for several years, maybe it started. I would say that this frustrates me a lot when it comes to withdrawal, truly.
Having been working with SM-INVEST for several years, maybe it started. I would say that this frustrates me a lot when it comes to withdrawal, truly.
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2023-02-27 13:41
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Eric99770
more than one year
I joined SM-INVEST about a year ago. The good point I want to mention is that it provides transparent conditions without any scam bonuses. Also, they don't take any additional or hidden fees and commissions are quite reasonable. The depositing process is almost instant and withdrawals take up to 1-2 business days. For this year I haven't had any controversial situations with them. So I enjoy trading with them!
I joined SM-INVEST about a year ago. The good point I want to mention is that it provides transparent conditions without any scam bonuses. Also, they don't take any additional or hidden fees and commissions are quite reasonable. The depositing process is almost instant and withdrawals take up to 1-2 business days. For this year I haven't had any controversial situations with them. So I enjoy trading with them!
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2023-02-15 11:02
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