Scope Markets - General Information
For the moment Scope Markets doesn`t onboard European clients!!!
*The Rebates are calculated for one round turn lot (100,000 units) for Currencies, (100 oz) for Gold, (5,000 oz) for Silver, (1,000 bar) for Spot Oil, (10,000 bar) for Spot Natural Gas, (one contract) for Equity Index CFDs, (one share) for Equity CFDs, and (one unit) for Cryptocurrencies.
**For other trading instruments rebate information please contact us at email@example.com.
Scope Markets Overview
At Scope Markets, we aim to provide the best in class trading infrastructure to cater to the needs of all types of clients from the beginners to the very ultimate institutional traders.
We understand that traders are looking for fast execution, minimum slippage, and tight spreads because we know the value of being a client-oriented company. Whether you are a new or experienced trader, our user-friendly trading platforms are simple yet sophisticated to give you the best effort service 24 hours and 5 days a week.
We strive to provide the support clients need to have the easiest, fastest and productive access to the one of the largest markets in the world. We want to cater to the needs of all traders by educating them and offering ongoing support. Our high value of trading services is available to all retail and institutional clients regardless of account balance.
As a core value, we are basing our operations on transparency, honesty and candidness at all levels providing a safe and seamless trading experience. We commit to full transparency, excellence and continuous innovation. We believe that investment in technology, human resource and superior customer service have been the building blocks of our success over the years.
Scope Markets Details
|Company Name||Scope Markets Ltd, SMFX Ltd, SM Capital Markets Ltd|
|Offices||Belize, Kenya, Malaysia, Vietnam|
|License||IFSC 428901, CySEC 339/17|
|Agency||Belize International Financial Services Commission|
|Government Enforced Segregated Accounts||No|
The IFSC’ mandate includes:
|Agency||Cyprus Securities and Exchange Commission|
|Short Name||CySEC (MiFID)|
|Min Capitalization||EUR 730,000|
|Government Enforced Segregated Accounts||Yes|
The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.
CySEC is to exercise effective supervision to ensure investor protection and the appropriate development of the securities market.
|Account Types||Standard, Gold, Platinum, FIX API|
|Min Deposit||100 USD|
|Max Leverage||30:1 for EU retail clients, 500:1 for professional and non-EU clients|
|Min Trade Size||0.01 Lots|
|Max Trade Size||N/A|
|Spreads||Scope Markets Spreads|
|Spread Types||Variable spreads|
|FX Pricing Decimals||5|
|Rollover (Swaps)||Available in trading platform and client portal|
|VPS (Virtual Private Server)||No|
|Execution Options||STP, Instant Execution|
|Instruments||Forex, Metals, Commodity CFDs, Equity Index CFDs, Equity CFDs, Cryptocurrencies, Bonds, Futures|
|One Click Trading||Yes|
|News Trading Allowed||Yes|
|Expert Advisors Allowed||Yes|
|Trading Platforms||MT5, MT5 WebTrader, Mobile|
|Mobile Support||MT5 Android, MT5 iOS (iPhone/iPad)|
|Managed Accounts Featured||No|
|MAMM/PAMM Platform Option||Yes|
|Trading Platform Time||GMT - 05:00|
|Observe DST Change||Yes|
|DST Change Timezone||Eastern Standard Time (EST)|
|Deposit Methods||Bank Wire, Credit/ Debit Card, Wiro Pay, Orange Pay, QIWI, Alipay, Skril|
|Withdrawal Methods||Bank Wire, Credit/ Debit Card, Wiro Pay, Orange Pay, QIWI, Alipay, Skril|
|Broker to Broker Transfer||Yes|
|Account Currency||EUR, USD, GBP|
|Client Funds Bank||Commonwealth Bank Australia|
|Interest Bearing Accounts||No|
|Government Enforced Segregated Accounts||Yes|
Trading Volume based cashback
Basically in this type, you’ll receive cashback based on your trading volume. Based on this, you’ll generate commission to your provider (broker, exchange, crypto exchange, etc.). Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn money consistently, when you pay commission to your provider.
Example: You traded 30 lots on the forex market in EUR/USD at your broker. You paid $300 in spreads and commissions for these trades. FxRebate receives $100 of this commission. Based on your rebate rate agreement you’ll receive between $70 - $85 as cashback to your FxRebate account.
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Scope Markets Customer Service
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