Advertisement
Scope Markets vs FOREX.com
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Scope Markets currently holds a stronger overall rating (4.8) than FOREX.com (0).
Scope Markets has a lower minimum deposit, at 10.0.
Both platforms offer their clients demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but Scope Markets has a maximum lot size of 500.0, while FOREX.com offers 1000.0.
Scope Markets offers a greater leverage limit of 1:1000, whereas FOREX.com allows a maximum of only 1:400.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
|
|
||
|---|---|---|
|
Overall Rating:
Platform:
Pricing:
Customer service:
Features:
|
|
|
| Minimum deposit ($) | 10.0 | 100.0 |
| Commission | 7.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 500.0 | 1000.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN | Market Maker |
| Maximal leverage (1:?) | 1000 | 400 |
| Availability | STP, ECN | Market Maker |
| Regulation | FSA (Seychelles), CySEC (Cyprus), FSC (Belize), FSCA (South Africa), FSC (Mauritius), CMA (Kenya) | CySEC (Cyprus), CIMA (Cayman Islands), MAS (Singapore), SCA (UAE) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card | Wire Transfer, Credit Card, Debit Card |
| Account Currency | USD | USD, GBP, EUR, CHF, JPY, NZD |
| Languages | English, Spanish, Mandarin, Arabic, Vietnamese | English, Spanish, Chinese, Arabic |
| Country | Belize | Cayman Islands |
| Trading platform(s) timezone | Cyprus, Kenya, Seychelles, South Africa | Cayman Islands |
| Other trading instruments | - | CFDs: Indices, Commodities, Energies |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
