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Scope Markets logo

Scope Markets

Suspicious Clone
Belize
,
Since 2014
Last Updated:

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 44%, 2: License 67%, 3: Software 51%, 4: Spread 0%, 5: Account Type 33%, 6: Symbol 0%
Regulation
44%Poor
License
67%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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Editorial review
Updated

Broker Summary

What Wikilix has recorded about Scope Markets: its history, the licences it holds, its trading conditions and its fees.

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.

Regulation check

Regulatory Licenses

Scope Markets is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 2 checked
Licences on record
2
Confirmed on register
0
Tier 1 or 2
1
Offshore
1

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Cyprus Securities and Exchange Commission 339/17

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Cyprus
Authority strength
Tier 2
Licence type
Market Making(MM)
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to €20000 (ICF)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeCyprus Financial Ombudsman
  • Maximum leverage1:30

These are the rules CySEC sets for the firms it licenses. They are not a statement about how Scope Markets applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 10. Leverage up to 1:1000.

3 account types
AccountMin DepositLeverageCommission
StandardUSD 101:1000$5 Futures (per lot per side)
EliteVIPUSD 20,0001:1000$3.5*
InvestUSD 101:10
Account names and conditions as published by Scope Markets, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

2 ways to fund an account. 2 credit instantly.

2 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
UnionPayCredit CardNot recordedNot recordedUSD 200Not recordedNot recordedInstant
AliPayCredit CardNot recordedNot recordedUSD 50Not recordedNot recordedInstant
Fees, limits and processing times as published by Scope Markets, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

2 platforms
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.scopemarkets.com.cn/enMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

5 official channels on record.

5 channels
Channels as published by the broker, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Scope Markets

Most Popular Questions
According to WIKILIX data, Scope Markets offers a maximum leverage of up to 1000:1 under its Belize regulation. However, under CySEC regulation, the maximum leverage is limited to 30:1. Leverage limits depend on the regulatory jurisdiction and account type.
Scope Markets provides customer support via live chat during business hours and email support at asiasupport@scopemarkets.com. Support is available in English. Additional contact options include phone and social media channels.
The minimum deposit amount to open an account with Scope Markets is 50 USD. This allows traders to start trading with relatively low initial capital. No specific details about deposit fees were provided in the context.
Scope Markets offers the MetaTrader 4 and MetaTrader 5 trading platforms. Both platforms are available on multiple devices including web, iOS, Android, Windows, and Mac. These platforms support Forex, CFDs, and other asset trading with advanced charting and automated trading features.
Scope Markets is regulated by the Financial Services Commission (FSC) of Belize and the Cyprus Securities and Exchange Commission (CySEC). It holds a Retail Forex License from Belize and a Market Making license from Cyprus. These regulators provide different levels of investor protection and regulatory oversight.
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