Scope Markets

Risk Warning

Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained herein is for general information purposes only.

General information and regulations of Scope Markets

Scope Markets is a regulated online forex broker registered in Belize and regulated by FSC.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Currency pairs, indices, commodities, metals, energy, stocks .....Scope Markets allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Scope Markets. cryptocurrencies are currently unavailable.

Spreads and commissions for trading with Scope Markets

Scope Markets does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Scope Markets, we recommend that you take the time to calculate these transaction costs.

Account Types for Scope Markets

Demo Account: Scope Markets provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: in Scope Markets there is only one account, with an initial deposit account of 100 USD and minimum spread from 0.9 pips.

Trading platforms offered by Scope Markets

As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.

However, have you ever wondered or are you wondering which platform you should use？ Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

Leverage offered by Scope Markets

Scope Markets offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

Feasible payment methods are Credit Card (Visa or Mastercard), Skrill, Neteller, Wire Transfer and several other alternative methods. The minimum deposit or withdrawal amount is 50 USD, and any withdrawals over the maximum requests per day or per week will be charged 35 USD/ 35 EUR/ 35 GBP per withdrawal.

Educational resources

A series of educational resources is available at Scope Markets, such as video tutorials, eBooks, economic calendar, dividends calendar, a series of calculators and blogs.

Customer support of Scope Markets

Below are the details about the customer service.

Language(s): English, Spanish, Arabic, Vietnamese

Email: customerservice@scopemarkets.com

Phone Number: +44 2030 516959

Address: 6160, Park Avenue, Buttonwood Bay, Lower Flat Office Space Front, Belize City, Belize

Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

Users exposures on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Advantages and disadvantages of Scope Markets

Advantages:

Well regulated

High leverage

MT4, MT5

Sufficient information

Educational resources

Many instruments available

Disadvantages:

Too many complaints

Withdrawal fees s

No copy trading

Frequent asked questions about Scope Markets

Is this broker well regulated？

Yes, it is currently effectively regulated by FSC.

How much leverage does this broker offer？

The maximum leverage of Scope Markets is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.

Does this broker offer MT4/MT5？

Yes, Scope Markets offers both MT4 and MT5 for you to choose from.