Scope Markets review: Regulations, Platforms, Features and Ratings.

1.705 • 13 REVIEWS
Scope Markets Ltd Rostro Group
Updated: Feb 28, 2024
ScopeMarkets.com(.co.za, eu)

What is Scope Markets?

Scope Markets is a forex broker offering MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as their forex trading platforms.

ScopeMarkets.com offers over 25 forex currency pairs, indices, energies, shares and metals for your personal investment and trading options.

Please read Scope Markets Reviews below and share your live trading experiences with this broker.

Other websites of this company include SMInvest.com, ScopeMarkets1.asia.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $500
Established: 2016
Address: 5 Cork Street, Belize City, Belize C.A., Belize
Contact: info@scopemarkets.com, +44 2030 516959
Regional offices:
Regulators: FSC #IFSC/60/373/BCA/19
Prohibited countries: Show all >>
Trading platforms: MT4, MT5
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (25+)
Cryptocurrencies:
CFD: (35+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill
* Please check broker website for more information
1.705 • 13 REVIEWS

Recent User Reviews of Scope Markets

L
legend2023
Dubai, United Arab Emirates,
Aug 11, 2023,
Registered user

The best broker 2023

Service use: Live Length of use: over 1 Year
No any issues at all ...
fast secured and fast deposit and fast withdraw either by crypto.

I recommend this broker for all.
M
metanee
Thailand, Thailand,
Jun 7, 2023,
Registered user

Scopemarkets does not pay profit, stay away

Service use: Live Length of use: 0-3 Months
I made some profit, then Scope Markets reversed all of my profitable trades. Stay away from them.
J
John Muiruri
Kenya, Kenya,
Jun 30, 2021,
Guest

Worst broker ever in 2021

Service use: Live Length of use: 0-3 Months
Opened an account with them after verification, they force you to always communicate with the account manager if not the disable your account. Who does that. Worst experience with scopemarkets
S
SCFM ke are a scam
Outside SCFM KE offices, i can fight, Kenya,
Mar 19, 2021,
Registered user

SCAM, Worst unstable servers, don't risk your money with Scopemarkets Kenya

Service use: Live Length of use: 3-6 Months
I hate all the customer service on scopemarkets kenya, especially one scumbug by the name Rufas Kamau, that kikuyu guy running scopemarkets kenya telegram channel is another scam, blocks everyone telling him the truth, who will never help you once you encounter a problem with their broker, he will block you instead, what kind of admin does that in 2021
They have the worst unstable servers in the world, spreads widen when you open a trade
Their MT5 is trash too, don't risk your money with this poor scams.
They don't offer all assets, you can't even trade bitcoin, make love with this broker
During news their currencies are more volatile than other brokers, your stoploss might get jumped
Worst scams in kenya is scopemarkets
Don't try this terrible broker
If you think i'm wrong go ahead and try them
1 trader has found this review helpful
H
Herbayomi4
Lagos, Nigeria,
Jul 20, 2020,
Registered user

Wonderful and profitable

Service use: Live
My experience with Scope Markets has been a pleasant one so far. I use their signals and make profit.
2 traders have found this review helpful
H
Reply by Scope Markets submitted Jul 22, 2020:
Hello Herbayomi4,
Thank you so much for this 5-star review. We are very thrilled that you are satisfied with our services.
A
antoni5840
Nairobi, Kenya,
Jun 10, 2020,
Registered user

Good experience

Service use: Live
I had a good experince with them, excellent customer support, a wide variety of instruments to trade like fx, indices and shares, and good spreads. However, they should try to register and be regulated in reputable jurisdictions like Singapore, EU, UK to earn newbies' trust.
1 trader has found this review helpful
A
Reply by Scope Markets submitted Jul 22, 2020:
Hello antoni5840,
We are very pleased that you are satisfied with our services :)
Thank you for choosing Scope Markets for your trading activities!
J
JuanMorales
Hanoi, Viet Nam (Really the offices of ScopeMarkets in Cyprus),
Dec 19, 2019,
Registered user

Good Experience

Service use: Live Length of use: 3-6 Months
I have had a good experience with this broker. No major problems. Generally happy.
Forex Peace Army
Review moderation team note
4 Star Rating removed.  This review did not come from Vietnam.  The review came from the same location in Cyprus used by the representative of ScopeMarkets.

Per FPA Policy, the rating on this review has been set to Zero stars.
A
A true experience
Belgrade, Serbia, Serbia,
Jun 6, 2019,
Guest

Scope Markets 5 stars from me and here is why

I am a real/live client of Scope Markets, MT4 account number 34898. In the times when most people end up being scammed for their deposits, lied to over the phone for unrealistic profits, cold-called, harassed via phone/email with hi-pressure sales from various boiler-rooms world wide, Scope Markets, from my personal experience for the past several months :
1. processed my withdrawal via card in 2 business days, so before deadline
2. executed trades normally (not every price/slippage is broker's fault)
3. took the time to actually apply its KYC /AML, not allowing me to deposit until account is completely verified
4. answered every question I had via Live Chat Support in timely manner, in general responded to my emails also on time (depending on the issue, off course)

I use an external money manager for my account and everything works fine. This IS NOT a scam broker. Prices, execution speed, etc can be debated as there are other brokers on the market, but transparency and honesty should not be questioned. This is a good and reliable company that meets my needs. If one has a good trader, then Scope is a easy and powerful tool to facilitate trading., with reasonable fees.
A
Reply by Scope Markets submitted Jun 10, 2019:
Hello CLIENT NAME REMOVED, we are so grateful for your kind words and thanks for sharing this review with us and the community!

Feedback like this helps us constantly improve our customer experiences by knowing what we are doing right and what we can work on it.

Do not hesitate to reach out if you have any more comments, questions or concerns.
M
Matthew
South Africa (really the offices of ScopeMarkets in Cyprus),
May 14, 2019,
Guest

the best professional services I have used so far. they give lots of help and the customer service is on another level.

Scope Markets are by far one of the best professional services I have used so far. they give lots of help and the customer service is on another level.
I am Still new to scope but they have helped me immensely.

I would recommend anyone to trade with Scope on MT4

Have a great trading day!
Forex Peace Army
Review moderation team note
5 star rating removed.  This review came from the same IP used by a ScopeMarkets representative to the FPA.

Per FPA policy, the rating on this review has been set to Zero stars.
F
FastScalper
Germany, Germany,
Apr 13, 2019,
Registered user

Slippage, Stophunting, high trading costs

Please stay away from ScopeMarkets, because of high trading costs, stop hunting and because they are working together with scam multi level marketing companys like Global Takeover.
1 trader has found this review helpful
F
Reply by Scope Markets submitted Apr 15, 2019:
Hi,

We are really sorry that you feel this way. Please note that there are no hidden fees and our spreads are clearly visible on our website: https://www.scopemarkets.com/en/online-trading/forex

Please email us at customerservice@scopemarkets.com and give us the opportunity to remedy any issue that may exist.

Best Regards,
Scope Markets Team