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Scope Markets accounts: which entity holds your money
The account you open decides which legal entity and which regulator stand behind it. Here are Scope Markets's accounts with that in mind.
Regulation: Belize FSC (1943611); Mauritius FSC (GB19024853); Kenya CMA (Forex 123, Derivatives 143) through group entities. How Scope Markets is regulated
Facts last checked . Read the full Scope Markets review.
Accounts
- Minimum deposit
- $50
- Account types
- One Account, Plus Account, Cents Account, Scope Invest, Islamic/Swap-Free, Demo
- Account currencies
- USD, EUR, GBP
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, institutional/professional services available
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
Scope Markets runs 6 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, GBP. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about Scope Markets accounts
Which base currencies does Scope Markets support?
Scope Markets accounts can be held in USD, EUR, GBP. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
What is the minimum deposit at Scope Markets?
The minimum deposit at Scope Markets is $50. It can differ by account type and by the entity you register with.
What account types does Scope Markets offer?
Scope Markets offers 6 account types: One Account, Plus Account, Cents Account, Scope Invest, Islamic/Swap-Free, Demo.
Accounts at brokers under the same regulator
- XM accounts also licensed by FSC (Belize)
- Exness accounts also licensed by FSC (Belize)
- HF Markets accounts also licensed by FSC (Mauritius)
- FXTM accounts also licensed by FSC (Mauritius)
- FP Markets accounts also licensed by FSC (Mauritius)