Forex SCOPE Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

SCOPE Trading Conditions

Registered Region Belize

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@scopemarkets.com

Contact Number +442030516959

Website www.scopemarkets1.asia

Balanced Review

Pros & Cons

Pros

Offers a wide range of trading instruments including forex, commodities, and stocks
Supports popular trading platforms: MetaTrader 4 and MetaTrader 5
Provides various account types including retail, professional, and Islamic accounts
Offers a demo account for practice trading
Multiple customer support channels including email and phone

Cons

Unverified regulatory status
Potential risks associated with fund security
Limited educational resources available
Withdrawal processing times may vary
Commission fees on certain trading instruments

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	SCOPE	FBS	Scope Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Belize	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does SCOPE Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners	Low minimum deposit, access to various trading instruments	Suitable for small-capital practice
Professional Account	Experienced traders	Higher leverage, customizable trading conditions	Requires trading volume qualifications
Islamic Account	All traders	Swap-free trading conditions	Available for those needing Sharia-compliant trading
Demo Account	All traders	Practice trading without risk	Ideal for testing strategies and the trading platform

Account Opening Process

To open an account with SCOPE, traders must follow these steps: first, submit personal information, including identity verification documents such as a government-issued ID and proof of address. Next, employment and financial information should be provided to ensure compliance. Traders should be aware that they can upgrade to a professional account later if they meet the eligibility criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Tight spreads available
CFDs (Stocks, Indices, Commodities)	Varies	$3.50 per lot	Competitive pricing for various assets
Cryptocurrencies	Varies	$5	Dependent on market volatility

Other Fees

Traders should consider additional fees that may apply, including: deposit and withdrawal fees, which are typically absent; inactivity fees for dormant accounts; potential platform usage fees; overnight interest (swap rates) for certain positions; and currency conversion fees for transactions in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

SCOPE User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York, USA

★ ★ ★ ★ ★

I faced significant issues with withdrawals. It took longer than expected, and the customer support was not very helpful in addressing my concerns. I felt frustrated with the whole process.

Alice Johnson

London, UK

★ ★ ★ ★ ★

SCOPE offers a solid trading experience. The MetaTrader platforms are great, and I’ve found the execution speed to be impressive. While I have some concerns about their regulatory status, my overall trading experience has been positive.

Carlos Rivera

Madrid, Spain

★ ★ ★ ★ ★

Extremely disappointed with SCOPE. The support team was unresponsive when I needed help with my account, and I felt my funds were not secure. I cannot recommend this broker.

Emma Brown

Toronto, Canada

★ ★ ★ ★ ★

I have been trading with SCOPE for a while now, and I love the variety of instruments available. The demo account helped me get comfortable with the platforms, and I’ve had no issues with deposits or trading. Highly recommend!

Belize Market