Risk Management Index
The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
License Type:Straight Through Processing(STP)
Regulated in Country/AreaCyprus
Regulatory License No.：339/17
Email Address of Licensed Institution :email@example.com
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :Gladstonos 69, Acropolis Building 5th Floor, 3036, Limassol, Cyprus
Phone Number of Licensed Institution :--
Licensed Institution Certified Documents :SMFX CySEC监管截图更新20191217 View Certified Documents SM Capital cysec20210225更新 View Certified Documents SM Capital Markets CySEC20200416更新 View Certified Documents smcapitalmarkets CySEC牌照 View Certified Documents SM Capital cysec20210122更新 View Certified Documents SM Capital cysec20201127更新 View Certified Documents
The International Financial Services Commission (IFSC) was established by the enactment of the International Financial Services Commission Act (IFSCA) on 3rd May 1999. The IFSC is a premier regulatory body for the offshore industry in Belize and as the regulatory authority, the IFSC’s responsibility under the IFSC Act, is to enhance Belize as an international financial services center and to regulate the provision of international financial services.
Current Status:Offshore Regulatory
License Type:Retail Forex License
Regulated in Country/AreaBelize
Regulatory License No.：000274/57
Email Address of Licensed Institution :firstname.lastname@example.org,email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :No. 5 Cork Street, Belize City, Belize, C.A.
Phone Number of Licensed Institution :223-6910
Licensed Institution Certified Documents :Scope Markets IFSC 00027458 00027457监管截图 View Certified Documents
Most visited countries/areas
The data are from WIKI Research 2021.05.19 updated
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Basic Information & Regulation of Scope Markets
Scope Markets is a Belize registered global provider of online trading services and institutional solutions for both businesses and individuals. Scope Markets currently holds a retail forex license authorized by the Financial Services Commission of Belize (license number: 000274/57).
Security Analysis of Scope Markets
Scope Markets is regulated offshore by the IFSC in Belize, and while brokers regulated offshore may seem safer than those that are not regulated in any way, the offshore regulator is also far less regulated. Investors should give preference to brokers regulated by Tier 1 regulators, such as the FCA in the UK and ASIC in Australia, in order to receive compensation in the event of a broker's insolvency.
Scope Markets provides investors with financial products such as forex, indices, energy, metals, and stocks.
Accounts & Leverage of Scope Markets
To meet the investment needs of different investors, Scope Markets offers three different types of accounts: Classic (minimum deposit of $1000), Pro (minimum deposit of $10,000), and Platinum (minimum deposit of $20,000). All three types of accounts have maximum trading leverage of 1:500.
Spreads & Commissions of Scope Markets
Scope Markets Classic accounts have fixed spreads, and no additional commissions are charged. Spreads on Pro accounts start from 1.2 pips, and no additional commissions either. Platinum accounts have a minimum spread of 0 pips and charge a commission of $3 per lot.
Trading Platforms Available of Scope Markets
Scope Markets offers investors the most popular MT4 and MT5 trading platforms on the market today. MT4 is the trader's first choice when accessing global markets and trading different financial instruments. MT4 features the industry-standard with advanced technical analysis options, trading charting options, real-time pricing, indicators, and more technical advantages. MT5 is an advanced multi-functional trading platform that provides excellent tools for comprehensive price analysis and powerful trade execution. The platform allows users to create and install their own or third-party algorithmic trading applications, often called EA's. Using this feature, clients no longer need to trade manually.
Deposit and Withdrawal
Scope Markets supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, Maestro, Vpay, Skrill.
The main disadvantages of Scope Markets are:
1. Offshore regulation
2. High minimum initial deposit requirements
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