About Scope Markets
Overview
Scope Markets is a forex and CFD broker registered in Belize, founded on 2 June 2021. The company operates under the domain scopemkts.com. As a relatively young entity in the brokerage space, Scope Markets aims to provide trading services primarily to retail and institutional clients.
Due to limited publicly available information about the broker’s own marketing materials, this introduction is based solely on official regulatory records. Traders should exercise caution and seek additional verification before engaging with the broker.
Regulation & Licensing
Scope Markets holds a Forex Execution License (STP) issued by the Cyprus Securities and Exchange Commission (CYSEC). This license classifies the broker as a Cyprus Investment Firm (CIF), allowed to offer execution-only services. However, the status field in the regulatory record is left blank, which may indicate either pending verification or incomplete registration details.
The company’s primary registration is in Belize, a jurisdiction known for lighter regulatory oversight. While the CYSEC license provides some level of European regulatory framework, the Belize registration may affect client protections, such as the absence of compulsory investor compensation schemes.
Account Types & Platforms
No official information is available regarding the specific account types, trading platforms, or leverage offerings from Scope Markets. Brokers with STP licenses typically offer variable spreads and direct market access, but without confirmed details, traders should not assume specific features.
Industry databases do not list further account specifications for this broker. As such, prospective clients are advised to directly contact the broker or review their website for the most current information.
Instruments & Markets
The range of tradable instruments offered by Scope Markets has not been publicly documented. Based on the STP license, the broker likely provides access to forex pairs, commodities, indices, and possibly CFDs on equities or cryptocurrencies. However, this remains unconfirmed.
Traders should verify the instrument list independently, as the absence of detailed information could pose risks when evaluating trading costs and market access.
Funding & Withdrawals
There is no confirmed data on deposit methods, base currencies, or withdrawal policies for Scope Markets. Typical brokers in this category support bank transfers, credit/debit cards, and e-wallets, but specific offerings may differ.
Given the lack of public information, clients should inquire directly about fees, processing times, and any minimum deposit requirements before funding an account.
Target Audience
Scope Markets appears to target both retail and institutional clients, as indicated by the STP license type. The Belize registration may appeal to traders seeking fewer regulatory restrictions, but the CYSEC license suggests a moderate compliance level.
Without clear marketing claims, it is difficult to assess whether the broker focuses on beginners, experienced traders, or high-volume professionals. This ambiguity reinforces the need for thorough due diligence.
Overview compiled by FXCanary from regulatory records and public data. full Scope Markets review