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Scope Markets

Suspicious Clone
Belize
,
Since 2014
Last Updated:
47/100
Overall Score

Trading Conditions

Min Deposit:
USD10
Max Leverage:
1000
Account Types
StandardEliteInvest

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

2 methods

UnionPay

credit card
Instant
Fee:
Free
Fee:
Free

AliPay

credit card
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 33%, 2: License 69%, 3: Software 51%, 4: Spread 0%, 5: Account Type 33%, 6: Symbol 0%
Regulation
33%Poor
License
69%Good
Software
51%Fair
Spread
0%Poor
Account Type
33%Poor
Symbol
0%Poor

Company Information

Full Name:RS Global Ltd
Founded:2014
Headquarters:Belize
Enterprise Offices:N/A

Customer Support

Phone:
tel:+442035193851
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Scope Markets Broker Overview

Intro and Overview

For both beginners to advanced traders, selecting a reputable trader or broker is critical. Scope Markets is branded as a trader broker that provides an array of financial products that accommodate various trader needs. Scope Markets provides a service to traders that allows them to utilise services, resources and integration tools that allow them to navigate the changes in the rapidly changing trading environment.

This overview will provide the reader with an overview of Scope Markets' history, major features, licensing status, trading conditions, fees and user experiences. Because there is little public information surrounding Scope Markets, this statement is intended to highlight the lack of available data to ensure transparency for potential clients.

Scope Markets' Background and History

There is very limited public information available on Scopia Markets; it does not appear that this broker has a long and rich history. The limited data indicates this broker may be relatively new and/or has a very low public profile.

However, brokers can develop reputational credibility through the quality of the services they provide and the detrimental effects that their services have on their clients. Traders are advised to follow Scope Markets' progression and discover what their clients are indicating in regard to Scope Markets and how it positions itself in the trading marketplace.

Scope Markets' Key Features & Offerings

While there is limited information available on what specific features a brokerage firm such as Scope Markets would offer to clients, brokers like Scope Markets generally offer access to:

Foreign Exchange (Forex).

Market Commodities

Market Indices

Cryptocurrencies or Stocks (depending on your preferred platform)

Scope Markets does appear to provide trading platforms that support both desktop and mobile devices. There are other resources available for clients such as education, market analysis, and customer support. Other than these general categories, there is currently no information available publicly on the specific features offered by the Broker.Scope Markets - Regulation & Licensing

Regulatory choices protect traders and ensure brokers meet all legal standards for their financial businesses. There is limited information available about the licenses Scope Markets holds.

Regulator License Number License Status

Limited information available Limited information available Limited information available

Traders should check that their selected broker is properly regulated with an official regulatory authority website or contact them directly, before opening any trading accounts.

Scope Markets - Trading Conditions & Technology

Things like spread, leverage and minimum deposit requirements will affect how much it costs to trade and how easy it will be to get into trading. There is currently no published information on the trading conditions offered by this broker. It is unclear about what trading platforms it supports, such as MetaTrader 4, or whether it has its own proprietary platform.

Trading Condition Details

Spread Limited information available

Leverage Limited information available

Minimum Deposit limited information available

Trading Platforms Limited information available

Scope Markets - Fees

By clearly stating all available areas, brokers allow traders to manage their trading costs effectively. There is currently no publicly available information detailing commissions, spreads and deposit/withdrawal fees charged by Scope Markets.

Fee Type Details

Deposit Fees Limited Information available

Withdrawal Fees Limited Information available

Commission Limited information available

Spreads Limited Information available

Traders are advised to ask Scope Markets directly for clarification regarding all applicable fees prior to opening an account.

Scope Markets - Market Reputation and User Experience

A broker's market reputation and client experiences can offer insight into how well they can be trusted. At this time, Scope Markets appears to have very little in terms of publicly available reviews. Traders may want to consider requesting a demo account, making inquiries directly with the broker, and observing any performance data specifically posted on financial forums.

Scope Markets - Recent Developments

At present, Scope Markets has not made any recent public announcements or provided updates. Traders are encouraged to follow Scope Markets' official channels for product announcements, regulatory updates and trading platform improvements.

Conclusion

While positioning itself as a financial trading broker, Scope Markets has provided very limited publicly available information regarding its operations, current regulatory status, trading conditions and fees. Traders will need to conduct the appropriate levels of due diligence before proceeding with this company.

Communication with Scope Markets is encouraged, as well as monitoring for additional developments. It is recommended that traders consider brokers who offer adequate regulation, as well as transparent trading conditions, to ensure a secure trading experience.

Regulatory Licenses

Compliance & oversight

2 licenses
Cyprus
CySECTier 2
Cyprus#339/17
License Details
Type:Market Making(MM)
License #:339/17
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Belize
FSCTier 3
Belize#000274/2
License Details
Type:Retail Forex License
License #:000274/2
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
2
Countries
0
Offshore

Account Types

Trading account options

3 types
Standard
Standard
Min Deposit USD 10 • Leverage 1:1000 • Commission $5 Futures (per lot per side)
Min DepositUSD 10
Leverage1:1000
Commission$5 Futures (per lot per side)
Elite
VIP
Min Deposit USD 20,000 • Leverage 1:1000 • Commission $3.5*
Min DepositUSD 20,000
Leverage1:1000
Commission$3.5*
Invest
Invest
Min Deposit USD 10 • Leverage 1:1 • Commission 0
Min DepositUSD 10
Leverage1:1
Commission0
3
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

2 methods
UnionPay
Credit CardInstant
Deposit
Fee:Free
Min:USD 200
Max:USD 6,895
Withdrawal
Fee:Free
Min:N/A
Max:N/A
AliPay
Credit CardInstant
Deposit
Fee:Free
Min:USD 50
Max:USD 2,760
Withdrawal
Fee:Free
Min:N/A
Max:N/A
2
Free Deposit
2
Instant
0
Crypto

Trading Platforms

Professional trading tools

2 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Scope Markets: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Scope Markets at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Scope Markets

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.scopemarkets.com.cn/en
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Comments

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