About Scope Markets Global Ltd
Who Is Scope Markets Global Ltd?
Scope Markets Global Ltd is a forex and CFD broker registered in the Seychelles, operating under the official domain scopemarkets.sc. The company is part of a broader group that uses the Scope Markets brand, though the Seychelles entity is the one covered in this profile. Our records show that the broker is regulated by the Seychelles Financial Services Authority (FSA) as a securities dealer, with a licence status of 'Licensed'. The FSA's public register does not publish licence numbers, so we cannot cite a specific number here.
According to its website, the broker offers access to thousands of global markets across multiple asset classes, including forex, shares, indices, commodities, and cryptocurrencies. It positions itself as a multi-asset broker catering to retail traders, with a focus on competitive spreads, fast execution, and a range of trading tools. The site also highlights a series of industry awards it claims to have received, though we have not independently verified these accolades.
Regulation and Oversight
Scope Markets Global Ltd is regulated by the Seychelles Financial Services Authority (FSA) under a securities dealer licence. The Seychelles is considered an offshore jurisdiction with lighter regulatory oversight compared to major financial centres like the UK or Cyprus. This means that while the broker is licensed, the level of investor protection may be more limited than what traders in stricter jurisdictions are accustomed to.
We cross-checked the licence against the public register and confirmed that the entity is listed as 'Licensed'. However, the register does not publish licence numbers, so we cannot provide a specific reference. Traders should be aware that offshore regulation often comes with fewer safeguards, such as no access to compensation schemes or ombudsman services, which is an important consideration when choosing a broker.
Trading Products and Platforms
The broker's website indicates that it offers a wide range of trading instruments, including over 40 currency pairs, global shares from markets such as the US, UK, Germany, and France, as well as indices, commodities, and cryptocurrencies. It claims to provide competitive spreads and leverage, with the 'One Account' offering a minimum deposit of $10 and maximum leverage up to 1:1000.
Trading is supported on the MetaTrader 4 and MetaTrader 5 platforms, which are widely used in the industry. The broker also mentions advanced charting tools and one-click trading functionality. According to its site, the 'One Account' combines all account types into a single offering, simplifying the trading experience for clients.
Account Types and Features
Scope Markets Global Ltd promotes a single 'One Account' model, which it says merges the benefits of all its previous account types. The account is available in multiple currencies, including USD, EUR, GBP, and AED, and supports micro lot trading. The broker states that average spreads start from 0.9 pips, and it charges a commission of $5 per lot per side for futures and spot commodities, with a commission of up to 35% for shares.
The account includes a stop-out level of 20%, and the broker offers a free demo account for practice. It also mentions dedicated account managers and personalised support as part of its service. These features are presented as part of a transparent and competitive offering, though traders should verify the exact terms and conditions before opening an account.
Who Is It For?
The broker appears to target retail traders and investors of all levels, from beginners to more experienced traders. Its low minimum deposit and micro lot trading make it accessible to those with smaller capital, while the range of instruments and leverage options may appeal to more active traders. The broker also highlights a partnership programme, suggesting it is open to introducing brokers and affiliates.
However, given its offshore regulation, the broker may be more suitable for traders who are comfortable with the associated risks and who prioritise flexibility and low barriers to entry over the protections offered by stricter regulators. As always, we recommend that traders conduct their own due diligence and consider their risk tolerance before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full Scope Markets Global Ltd review