Scope Markets at a glance
Scope Markets is a multi-asset trading brand offering forex, indices, metals, energies, shares, cryptocurrencies, commodities and futures through MetaTrader 5 and other trading services.
Scope Markets reports a founding year of 2016 and a head office in Johannesburg, South Africa. It lists 1 regulator and 2 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for Scope Markets. The BrokerBazaar Intelligence Score is 72/100 (moderate risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
Scope Markets operates through 7 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Scope Markets states that it accepts clients from South Africa, Belize, Kenya. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Indices, Metals, Energies, Shares, Cryptocurrencies, Commodities, Futures, Fractional Stocks. Platforms: MT4, MT5. Account types: One Account, Scope Invest.
Best-for tags assigned by our team: Forex Traders, MT5 Traders, CFD Traders, Active Traders, Multi-Asset Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $50. Spreads start from 0.9pips and commission is From $5. Maximum leverage is 1:1000, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, Skrill, Instant EFT. Withdrawal methods: Bank Transfer, Skrill, Instant EFT.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Not specified. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: FSCA: Client funds should be held separately from company funds. Compensation: No central compensation scheme.
Complaints and dispute process
Scope Markets has not published a complaints procedure to BrokerBazaar. Regulated entities must operate one; ask support for the formal complaints address.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: FSCA-regulated South African entity
- Strength: Holds both FSP 47025 and ODP 64
- Strength: CySEC-regulated European entity
- Strength: Kenyan CMA-regulated entity
- Strength: Mauritius FSC-regulated entity
- Strength: Seychelles FSA-regulated entity
- Strength: Belize FSC-regulated entity
- Strength: MT5 platform
- Strength: Forex, indices, shares, commodities, crypto and futures
- Strength: Minimum deposit of $50 on the current One Account
- Strength: Leverage up to 1:1000 on applicable instruments
- Limitation: Maximum leverage varies substantially by instrument
- Limitation: Some Scope Markets entities are offshore regulated
- Limitation: Regulatory protections differ depending on the entity serving the client
- Limitation: Trading conditions vary by instrument
- Limitation: South African registered address differs from its current customer-contact address
- Limitation: Limited independent review coverage compared with major global brokers
- Limitation: Scope Markets has multiple legal entities, which can make regulatory identification confusing
Who this broker suits, and who it does not
Scope Markets is most relevant to traders looking for: Forex Traders, MT5 Traders, CFD Traders, Active Traders, Multi-Asset Traders.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Scope Markets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Scope Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Scope Markets
Data sources. Broker submission, the regulator registers linked above, Scope Markets published FSP 47025; referenced by FSCA; to re-confirm on FSCA FSP search, web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 2.58/5; WikiFX 6.33/10; Forex Peace Army 1.36/5; Google Play Store N/A/N/A; Apple App Store N/A/N/A; BrokersView (Overall User Rating) 3.8/10; ForexInspector (Composite Assessment) 3.1/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Scope Markets. How we make money. Trading leveraged products carries a high risk of loss.