Scope Markets is different from most brokers. They’re not flashy. They’re not trying to get rich off signup bonuses. What they do is simple: give you access to markets. Lots of them. With tight spreads. And they’re regulated. Actually regulated. By the FSCA in South Africa.
For Kenya traders, that means something. It means when you deposit money, it sits in a real bank account. Not in some offshore mystery zone. It means if something goes wrong, you have protection. Real protection.
- Louis Schoeman
Jump to:
What is Scope Markets and how does it work?
Scope Markets is an online forex and CFD broker. In plain terms, it gives traders access to markets like forex pairs, indices, commodities, shares, and CFDs through trading platforms such as MetaTrader. The exact products depend on the country and the Scope Markets entity you open your account with.
Is Scope Markets legal in Kenya?
Yes. Scope Markets is legal in Kenya when you trade through its Kenyan entity, SCFM Limited, trading as Scope Markets Kenya.
SCFM Limited is authorised and regulated by the Capital Markets Authority of Kenya (CMA)
| Minimum Deposit: $50 Regulated by: IFSC, FSCA, CMA, CySEC Leverage: Up to 1:500 |
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Scope Markets Company Profile and Contact Details
| Category | Details |
| 🏦 South Africa Office Address | WeWork, 80 Strand Street, Cape Town, Western Cape 8001 |
| 📧 Email Support | support@scopemarkets.co.za |
| 📞 Phone Support (South Africa) | +27 (21) 141-5312 |
| 💬 Live Chat | Available through their website support area |
| ⏱️ Customer Support Hours | 24/5 support via email, chat, phone (Mon-Fri business hours extended) |
| 🌐 Official Website | www.scopemarkets.co.za |
| 🚀 Sign up | 👉 Open Account |
Scope Markets Regulation Details
| 🌎 Regulatory Body | 🇨🇴 Regulator | 🔢 Scope Markets Entity | ⏺️ Licence / Registration Details |
| Region / Country | Regulator | Scope Markets Entity | Licence / Registration Details |
| South Africa | Financial Sector Conduct Authority (FSCA) | Scope Markets SA (Pty) Ltd | FSP No. 47025 and ODP Licence No. 64 |
| Belize | Financial Services Commission (FSC) Belize | RS Global Ltd | Licence / Registration No. 1943611 |
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) | SM Capital Markets Ltd | Licence No. 339/17 |
| Kenya | Capital Markets Authority (CMA) Kenya | SCFM Limited, trading as Scope Markets | Forex Licence No. 123 and Derivatives Licence No. 143 |
| Mauritius | Financial Services Commission (FSC) Mauritius | Scope Capital Markets Ltd | Licence No. GB 19024853 |
| Seychelles | Financial Services Authority (FSA) Seychelles | Scope Markets Global Limited | Licence No. SD079 |
| UAE | Capital Markets Authority / UAE regulator listing as provided | R S D Financial Services L.L.C | Licence No. 1519125 |
Is Scope Markets regulated in Kenya?
Yes. Scope Markets Kenya operates through SCFM Limited, which is authorised and regulated by Kenya’s Capital Markets Authority. Scope Markets lists Forex Licence No. 123 and Derivatives Licence No. 143 on its Kenya site.
How do I check if Scope Markets is really licensed by the CMA?
Start with the broker’s own licence page, then cross-check it against the CMA’s list of licensed firms. Scope Markets Kenya says SCFM Limited is regulated by the CMA under Licence No. 123 for forex and Licence No. 143 for derivatives.
Scope Markets Account Options and Features for Kenyan Traders
| Live Account Type | Minimum Deposit | Open Account | Leverage | Spreads |
| One Account | From $50 | 👉 Open Account | Up to 1:1000 | 0.9 pips (variable) |
| Scope Invest | From $50 | 👉 Open Account | 1:1 | 0.1 pips |
| Demo Account | Free | 👉 Open Account | Same as live | Realistic spreads |
One Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 5 (main), MetaTrader 4, Web Terminal |
| 📉 Spread Pips | Variable spreads from 0.9 pips on forex majors |
| 💰 Minimum Deposit | From $50 |
| 📈 Maximum Leverage | 1:1000 |
| 💹 Trading Instruments | Forex, indices, commodities, metals, shares, crypto, futures, fractional stocks |
| 🏆 Best For | Serious traders wanting tight spreads and diverse markets |
| ✅ Advantages | FSCA regulated, ODP licensed, segregated accounts, multiple instruments, no commission |
| 🚀 Sign up | 👉 Open Account |
Scope Invest Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 5, Web Platform |
| 📉 Spread Pips | 0.1 pips (fractional stocks only) |
| 💰 Minimum Deposit | From $50 |
| 📈 Maximum Leverage | 1:1 (no leverage on fractional stocks) |
| 💹 Trading Instruments | Fractional stocks (from 0.01 contract size) |
| 🏆 Best For | Beginners wanting to invest in major companies without large capital |
| ✅ Advantages | No commission, no swap fees, 10% deposit bonus, buy fractional shares (Apple, Tesla, etc.) |
| 🚀 Sign up | 👉 Open Account |
Does Scope Markets Kenya have different account types, or just one account?
Scope Markets Kenya keeps it simple. There is one main trading account, not a long list of Standard, Pro, Raw, VIP, and whatever else brokers like to throw at traders.
What is Scope Invest, and is it the same as the normal trading account?
No. Scope Invest is separate from the normal trading account. The trading account is for active trading. You are opening and closing positions yourself. Forex, indices, commodities, and other CFDs, depending on what Scope Markets Kenya offers.
Step-by-Step Guide to Opening a Scope Markets Account in Kenya
Step 1. Visit the Scope Markets Website
Head to www.scopemarkets.co.za and look for the “Open Account” or “Sign Up” button. You’ll be directed to a registration form.
Step 2. Submit Your Email and Create Password
Enter a valid email address. Scope Markets will send you a verification link. Check your inbox and confirm.
Step 3. Complete Personal Information
Fill in the registration form with:
- Full name (as it appears on ID)
- Date of birth
- Residential address
- Phone number (Kenyan +254 format works)
- Country of residence
- Choose Account Type
Select between Standard Account or Fractional Stocks Account based on what you want to trade.
Step 4. Upload Verification Documents
Scope Markets requires:
- Valid ID or passport (both sides)
- Proof of address (utility bill, bank statement, not older than 3 months)
- Fund Your Account
Scope Markets accepts multiple payment methods including:
- Visa / Mastercard
- Local South African methods: Zapper, SnapScan, Ozow
- Instant EFT (PayFast)
- Bank wire transfer
- Apple Pay / Samsung Pay
- Mobicred
Once funds are confirmed, you can start trading immediately.
Step 5. Download and Install MetaTrader 5
Scope Markets recommends MT5. Download from their website or app stores (iOS/Android). Log in with your trading credentials.
| Minimum Deposit: $50 Regulated by: IFSC, FSCA, CMA, CySEC Leverage: Up to 1:500 |
Scope Markets VS XM VS FP Markets – Broker Comparison
| Feature | Scope Markets | XM | FP Markets |
| ⚖️ Regulation | FSCA (South Africa), ODP Licensed | FSC, CySEC, ASIC | ASIC, CySEC, FSCA |
| 📱 Trading Platforms | MT5 (main), MT4, WebTrader | MT4, MT5, WebTrader, Mobile | MT4, MT5, WebTrader, cTrader |
| 💰 Minimum Deposit | $100 (Standard) | $5 | $100 |
| 📈 Leverage | Up to 1:1000 | Up to 1:888 | Up to 1:500 |
| 📊 Spreads | 0.0 pips variable (forex majors) | 1.5 pips (Standard) | 0.1 pips (ECN) |
| 💳 Bonuses | 100% deposit bonus up to $100k; 10% fractional stocks bonus | No welcome bonus | Limited bonuses |
| 📊 Demo Account | Yes, unlimited MT5 | Yes, unlimited | Yes, unlimited |
| ⚖️ Client Fund Protection | Segregated accounts with tier-1 banks in South Africa | Standard segregation | Standard segregation |
| 💳 Payment Methods (Kenya-friendly) | Card, bank wire, Zapper, SnapScan, Ozow (ZA), Instant EFT | Card, bank transfer, e-wallets | Card, bank transfer, e-wallets |
| 📱 Mobile App Quality | MT5 Mobile (strong) | Excellent mobile experience | Excellent mobile experience |
| 👥 Customer Support | 24/5, Monday–Friday extended, email, chat, phone | 24/7 | 24/5, good coverage |
| 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
What Trading Platforms Does Scope Markets Offer?
MetaTrader 5
- Scope Markets recommends MT5 as the main platform. It’s more advanced than MT4, with superior charting, more timeframes, and better order types.
- For Kenya traders, MT5 has everything you need: forex, indices, commodities, stocks, crypto, and futures. All in one platform.
- Key Features: 21 timeframes, depth of market (Level II), MQL5 scripting, built-in economic calendar, news feeds, superior order execution.
Mobile Apps (iOS/Android)
Trade from your phone. Download MetaTrader 5 from App Store or Google Play. Login with your Scope Markets credentials.
What trading platforms does Scope Markets offer?
Scope Markets offers MetaTrader 5. MT5 is the newer platform, with more timeframes, more order types, and better tools for multi-asset trading. Scope Markets says both platforms are available across desktop and mobile, depending on your region and account setup.
Can I trade with Scope Markets on my phone?
Yes. Scope Markets supports mobile trading through MT5 apps on iOS and Android. That means you can check live prices, open or close trades, manage positions, and do basic chart work from your phone. It is useful, but I would still do proper analysis on desktop where possible. Mobile is fine for managing trades. It is not always ideal for making rushed decisions.
Which Financial Instruments Does Scope Markets Offer in Kenya?
| Market Type | Description | Examples |
| 🏦 Forex CFDs | Major, minor, and exotic currency pairs. Low spreads, high liquidity. | EUR/USD, GBP/USD, USD/JPY, AUD/USD |
| 📊 Index CFDs | Global stock market indices. Great for capturing broad market moves. | S&P 500, NASDAQ-100, DAX, FTSE 100, JSE Top 40 |
| 📈 Share CFDs | Individual company stocks (leverage available, no commission). | Apple, Tesla, Microsoft, Amazon, Google |
| 🛢️ Commodity Futures | Softs (coffee, cocoa), grains, and energies with leverage. | Cocoa, Coffee, Crude Oil, Natural Gas |
| 🛢️ Energy CFDs | Oil and gas trading with tight spreads. | Brent Crude, WTI Crude, Natural Gas |
| 🪙 Metals CFDs | Precious and industrial metals (gold, silver, copper). | Gold, Silver, Copper, Platinum |
| 🚀 Crypto CFDs | Bitcoin, Ethereum, and other cryptocurrencies (no ownership, leverage available). | Bitcoin, Ethereum, Solana, Litecoin |
| 📈 Fractional Stocks | Buy parts of expensive stocks. No leverage, no commission. 10% bonus available. | Apple at 0.01 lot size, Tesla fractional shares |
| 📊 Futures | 24 futures contracts (metals, energies, indices) with leverage up to 1:1000. | Gold futures, Oil futures, Index futures |
| Minimum Deposit: $50 Regulated by: IFSC, FSCA, CMA, CySEC Leverage: Up to 1:500 |
Scope Markets Fees Explained
Spreads and Commissions
Scope Markets charges spreads, not commissions. Spreads are variable and depend on liquidity:
| Instrument | Typical Spread | Commission |
| Forex Majors (EUR/USD, GBP/USD) | 0.0 pips variable | None |
| Forex Minors & Exotics | 1-3 pips | None |
| Indices (S&P 500, DAX) | 0.1-0.5 pips | None |
| Shares (Apple, Tesla) | 0.1-0.3 pips | None |
| Commodities & Energies | Variable | None |
| Crypto | Variable | None |
| Fractional Stocks | 0.1 pips | None |
Swap Fees (Overnight Charges)
If you hold positions overnight, swap fees apply.
These vary by instrument and direction:
• Forex majors: Typically -0.5 to +0.5 per day
• Shares: Varies by instrument (usually negative)
• Metals: Minimal
• Crypto: No swaps on crypto CFDs
Deposit and Withdrawal Fees
| Method | Deposit Fee | Withdrawal Fee |
| Visa / Mastercard | None | None |
| Bank Transfer (South Africa) | None | None |
| Zapper / SnapScan / Ozow | None | None |
| Instant EFT (PayFast) | None | None |
| International Wire | None (bank may charge) | None (bank may charge) |
Does Scope Markets charge commission, or is everything built into the spread?
Most traders ask this because “zero commission” can sound cleaner than it really is. With Scope Markets, the cost is usually built into the spread on standard-style accounts, so you are still paying through the bid/ask difference. Some sources list spreads from around 0.6 pips, while SA Shares lists the average spread around 0.9 pips. Check the exact account type before you trade, because pricing can change by region and instrument.
Are deposits and withdrawals free with Scope Markets?
Scope Markets says traders can view transaction times and commissions on its deposits and withdrawals page, and third-party broker reviews report that deposits and withdrawals are generally fee-free. Still, I would not assume your bank or card provider is free. The broker may not charge you, but your payment provider could still take a cut, especially on currency conversion.
| Minimum Deposit: $50 Regulated by: IFSC, FSCA, CMA, CySEC Leverage: Up to 1:500 |
Scope Markets Deposits and Withdrawals
| Method | Deposit Speed | Withdrawal Speed | Best For |
| Visa / Mastercard | Instant | 1-3 days | International traders |
| Bank Transfer (SA) | Same day | 1-2 days | South African traders (fastest for ZA) |
| Zapper | Instant | 1 day | South African traders (mobile wallet) |
| SnapScan | Instant | 1 day | South African traders (QR payments) |
| Ozow | Instant | 1-2 days | South African traders (online payment) |
| Instant EFT (PayFast) | Instant | 1-2 days | South African traders (EFT payments) |
| International Wire | 1-3 days | 2-5 days | International traders (slower but reliable) |
Note for Kenya traders: Scope Markets payment methods work best for South African traders. Kenya traders can use international wire transfer or card, but South African methods (Zapper, Ozow, SnapScan) are only available if you have a ZA bank account.
How long does Scope Markets take to process deposits and withdrawals?
Deposits are usually the faster side of the deal. On the South African Scope Markets site, Visa, Mastercard, Instant EFT, Apple Pay, Samsung Pay, Zapper, SnapScan, QR Code, and store card payments are listed as instant deposit methods. Bank transfer is slower and may come with sender bank charges.
Why is my Scope Markets withdrawal delayed or not showing in my bank account?
The common issue traders worry about is this: Scope Markets may mark the withdrawal as processed, but the money still has to move through the bank or payment provider. That gap can feel uncomfortable, especially when your trading account balance has already changed.
| Minimum Deposit: $50 Regulated by: IFSC, FSCA, CMA, CySEC Leverage: Up to 1:500 |
Scope Markets Bonuses and Promotions
| Promotion | What You Get | Conditions | Worth It? |
| 100% Deposit Bonus | Deposit $100, get $100 bonus (up to $100,000 total) | Bonus cannot be withdrawn directly. Profit from bonus trading can be withdrawn. Minimum deposit $100. | Very good if you plan to trade long-term. Extra margin for free. |
| 10% Fractional Stocks Bonus | Deposit any amount, get 10% bonus (up to $200 bonus) | Applies to fractional stocks account only. Must be first deposit. Simple terms. | Excellent for beginners wanting to test fractional stocks without risk. |
| Referral Program | Earn commission for referring friends | Commission rate varies. Both you and referred friend get benefits. | Good if you plan to refer multiple traders. |
Does Scope Markets really give a 100% deposit bonus?
Yes, Scope Markets advertises a 100% deposit bonus. Deposit $100 or more, and they say they’ll match it by 100%, up to $100,000 in bonus funds. The important part is the fine print. Bonuses usually come with trading-volume rules, expiry dates, withdrawal limits, or account restrictions. So don’t treat it like free cash. Treat it as extra margin, and read the T&Cs before depositing.
Can I withdraw the Scope Markets bonus money?
Usually, broker bonuses are not simple cash withdrawals. With Scope Markets, the bonus is promoted as extra trading funds, not guaranteed withdrawable cash. You may need to meet trading-volume conditions first, and the rules can change by country, account type, or campaign. The safer way to look at it: your deposit is your money, the bonus is a trading boost, and any withdrawal depends on the bonus terms.
Scope Markets At a Glance
| 🏛 Headquartered | London, United Kingdom |
| 🏙 Kenyan Based Office | No |
| ✅ Accepts Kenyan Traders? | Yes |
| 🗓 Year Founded | 2015 |
| 📞 Kenyan Office Contact Number | None |
| 🤳 Social Media Platforms | Facebook X YouTube Telegram |
| ⚖️ Regulation | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA CMA |
| 🪪 License Number | Scope Markets SA (Pty) Ltd FSP No. 47025 and ODP Licence No. 64 RS Global Ltd Licence / Registration No. 1943611 SM Capital Markets Ltd Licence No. 339/17 SCFM Limited, trading as Scope Markets Forex Licence No. 123 and Derivatives Licence No. 143 Scope Capital Markets Ltd Licence No. GB 19024853 Scope Markets Global Limited Licence No. SD079 R S D Financial Services L.L.C Licence No. 1519125 |
| ⚖️ CMA Regulation | Yes |
| 🚫 Regional Restrictions | The United States |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 2 |
| 📊 PAMM Accounts | MAM Accounts |
| 🤝 Liquidity Providers | Barclays and other top-tier banks as well as hedge funds |
| 💸 Affiliate Program | Yes |
| 📲 Order Execution | Market |
| 📊 Average spread | From 0.0 pips |
| 📞 Margin Call | 100% |
| 🛑 Stop-Out | 30% |
| ✅ Crypto trading offered? | No |
| 💰 Offers a Kenyan shilling Account? | No |
| 👨💻 Dedicated Kenyan Account Manager? | Yes |
| 📊 Maximum Leverage | 1:500 |
| 🚫 Leverage Restrictions for Kenya? | No |
| 💰 Minimum Deposit (KES) | $50 |
| ✅ Kenyan shilling Deposits Allowed? | No, only USD, GBP, EUR, IDR, CNY, VND, RUB |
| 📊 Active Kenyan Trader Stats | 70,000+ |
| 👥 Active Kenyan-based Scope Markets Customers | Unknown |
| 💳 Kenya Daily Forex Turnover | $100 million+ |
| 💵 Deposit and Withdrawal Options | Bank Transfer Debit Card Credit Card Skrill Neteller Sticpay Fasapay UnionPay Nganluong QIWI WebMoney |
| 🏦 Segregated Accounts with Kenyan Banks? | No |
| 📊 Trading Platforms | MetaTrader 5 |
| ✔️ Tradable Assets | Forex Stock Indices Energies Precious Metals Bonds Cryptocurrencies |
| 💸 Offers USD/KES currency pair? | No |
| 📈 USD/KES Average Spread | N/A |
| 📉 Offers Kenyan Stocks and CFDs | None |
| 🗣 Languages supported on Website | English, Indonesian, Russian, Arabic, Italian, Thai, Vietnamese, German, Chinese (Simplified), Spanish, Polish, Korean, Malay, Portuguese |
| 📞 Customer Support Languages | Multilingual |
| ⏰ Customer Service Hours | 24/5 |
| 👥 Customer Support Languages | No |
| ✅ Bonuses and Promotions for Kenyans | Yes |
| 📚 Education for Kenyan beginners | Yes |
| 📱 Proprietary trading software | No |
| 💰 Most Successful Kenyan Trader | Patrick Mahinge (Net Worth – Private) |
| ✅ Is Scope Markets a safe broker for Kenyans? | Yes |
| 📊 Rating for Scope Markets Kenya | 9/10 |
| 🤝 Trust score for Scope Markets Kenya | 81% |
| 👉 Open an account | 👉 Open Account |
Scope Markets Customer Support
| Support Channel | Details |
| ⏰ Operating Hours | 24/5 (Monday-Friday extended hours + some weekend coverage) |
| support@scopemarkets.co.za | |
| ☎️ Phone (South Africa) | +27 (21) 141-5312 |
| 💬 Live Chat | Available on website |
| Available for quick inquiries | |
| 🌐 Languages | English (primary), multilingual support available |
Scope Markets Awards and Recognition
| Year | Award | Awarding Body |
| 2025 | Best Customer Service | Global Brands Magazine |
| 2025 | Best MT5 Broker | Global Brands Magazine, Global Forex & Bullion Magazine Awards |
| 2025 | Best MT4 Broker | Global Brands Magazine, Global Forex & Bullion Magazine Awards |
| 2025 | Best Partnership Programme | Global Brands Magazine, Global Forex & Bullion Magazine Awards |
| 2025 | Best Forex Broker | World Brokers Organization |
| 2025 | Best Trade Execution | World Brokers Organization |
| 2024 | Best Broker of the Year | ProFx Awards |
| 2024 | Best Retail CFDs Broker | Financial Markets Leverage Syndication |
| 2024 | Best Innovative Broker | Smart Vision Investment Expo |
| 2023 | Best MT5 Broker | Global Forex Awards |
| 2023 | Best Trading Support | Global Forex Awards |
| 2020 | Best Customer Support | Global Brands Magazine |
Scope Markets Customers Support
| Support Channel | Details |
| ⏰ Operating Hours | 24/5 (Monday-Friday extended hours + some weekend coverage) |
| support@scopemarkets.co.za | |
| ☎️ Phone (South Africa) | +27 (21) 141-5312 |
| 💬 Live Chat | Available on website |
| Available for quick inquiries | |
| 🌐 Languages | English (primary), multilingual support available |
Scope Markets vs The Competition
Scope Markets isn’t flashy. They don’t advertise on YouTube or Instagram. They don’t offer $500 no-deposit bonuses (because those are scams anyway). What they do is work quietly. Properly regulated. Tight spreads. Good execution.
For Kenya traders specifically, here’s the honest take:
Scope Markets is great if: You want FSCA regulation (South Africa trust). You like MT5. You want tight spreads and multiple instruments. You’re comfortable with a $100 minimum.
Scope Markets isn’t ideal if: You have only $5 to invest (other brokers go lower). You need M-Pesa deposits (they don’t support M-Pesa directly). You want the absolute tightest forex spreads (they’re good, not best-in-class).
Our Honest Final Thoughts on Scope Markets for Kenyan Users
Scope Markets is one of the few brokers that actually cares about doing things right. FSCA regulated. ODP licensed. Client funds in real banks. Awards from multiple reputable organizations. They’re not trying to trick you or steal your money. That’s rare.
The bonuses are legitimate (100% deposit bonus is real, not hidden behind impossible terms). The platforms are solid (MT5 is genuinely good).
The spreads are competitive. Support is responsive. For Kenya traders, the main limitation is payment methods. South African payment systems (Zapper, Ozow) won’t work for you unless you have a ZA bank account. You’ll use international wire or card. That’s slower. But once money is in, everything else is clean.
Is Scope Markets perfect? No. But they’re honest. And honest brokers are harder to find than you’d think.
Scope Markets Advantages and Disadvantages
| 🟢 Pros | 🔴 Cons |
| FSCA regulated (South Africa). Real protection. | $100 minimum deposit (not for absolute beginners) |
| ODP licensed. Client funds segregated in tier-1 banks. | Limited payment methods for Kenya (ZA methods don’t work for KE traders) |
| Multiple awards from reputable organizations (2020-2025) | No M-Pesa support |
| 100% deposit bonus (up to $100k). Legitimate terms. | Support is 24/5, not 24/7 (though coverage is good) |
| Tight variable spreads on majors (0.0 pips) | Less institutional marketing than XM or FP Markets |
| MetaTrader 5 as main platform (superior to MT4) | Smaller brand recognition in Kenya vs global competitors |
Frequently Asked Questions
Is Scope Markets regulated in Kenya?
Yes. Scope Markets is legal in Kenya when you trade through its Kenyan entity, SCFM Limited, trading as Scope Markets Kenya.
SCFM Limited is authorised and regulated by the Capital Markets Authority of Kenya (CMA).
Can Kenya traders use Scope Markets?
Yes. Scope Markets accepts Kenya traders without restriction. Their website works from Kenya. You can deposit and withdraw.
What is the minimum deposit for Scope Markets?
The minimum deposit for the Scope Markets One Account is $50. That makes it a low-entry account for new traders who want to test live market conditions without putting down a large first deposit. Just check the payment method too, because local funding options may have their own minimums.
Does Scope Markets accept M-Pesa?
No. M-Pesa is not listed as a payment method. You’ll need to use international card transfer or wire transfer from Kenya.
What spreads does Scope Markets offer?
Variable spreads from 0.0 pips on forex majors (EUR/USD, etc.). Other instruments range 0.1-3 pips depending on market.
Is the 100% deposit bonus real?
Yes. Deposit $100, you get $100 bonus (credited to account). Bonus cannot be withdrawn directly, but profits from trading the bonus can be withdrawn. Terms are straightforward.
What is the maximum leverage on Scope Markets?
Up to 1:500 on forex and indices. Lower on other instruments.
Do I need KYC (Know Your Customer) verification?
Yes. You need to upload ID and proof of address before withdrawals are allowed. This is standard and protects you.
How long does verification take?
Usually 24-48 hours. Scope Markets is fast because they process applications regularly.
Can I trade crypto on Scope Markets?
Yes. Bitcoin, Ethereum, Solana, Litecoin, and other major cryptos available as CFDs (you don’t own the coins, just trade the price).
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