Exness vs Scope Markets

Exness vs Scope Markets Comparison Table 2023
Exness Review 2023 Scope Markets Review 2023
4.2
4.2

Scope Markets is #10 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker is a respected global brand. Traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.

Scope Markets offers day trading and investing in multiple spot and CFD instruments. The group of brokers is regulated in several locations, including Belize, Kenya and South Africa. Users get competitive trading conditions, a range of payment methods, strong support and can get started in a few straightforward steps.

Bonus Offer
50% Deposit Bonus Up to $50,000. *Bonus promotions do not apply to all entities. Depending on the jurisdiction chosen to open an account with, different regulations apply.
Comment by Reviewer
"Exness is an accessible broker for all experience levels, though beginners will appreciate the low entry requirements, social trading and round-the-clock support." "Scope Markets will appeal to traders seeking highly leveraged CFDs and spot investment products on the powerful MetaTrader 5 platform. The Scope Markets Group stands out for its range of trading tools and educational materials."
Pros
  • Accessible for beginners with low minimum deposits from $10 and flexible payment methods
  • Social trading features plus comprehensive education covering a good selection of topics and markets
  • A range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions
  • Top-tier licensing with the FCA and CySEC and strong reputation with over 10 years in business
  • First brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
  • Highly competitive spreads from 0.1 pips and low commissions from $3.50 per side
  • 24/7 multilingual customer support via telephone and email
  • Local payments plus deposits in BTC and USDT
  • Modern Scope Trader web platform with 50+ analysis tools and intuitive design
  • Available in English, Spanish, Russian, Vietnamese & Chinese etc.
  • A wide range of trading training courses and tutorials
  • Regular market news, updates and webinars
  • Multilingual, 24/5 customer support
  • MT4 and MT5 platform integration
  • Low commissions and fees
  • Multi-regulated group
Cons
  • No live chat support
  • No bonus deals or promotions
  • Country restrictions including the USA
  • Regulatory scrutiny varies between countries
  • Limited trading instruments
Awards
  • Most People-Centric Broker at Traders Summit 2022
  • Global Broker of the Year at Traders Summit 2022
  • Best Customer Support Award at Financial Markets Expo Cairo 2021
  • Premium Loyalty Program Award at Financial Markets Expo Cairo 2021
  • Most Innovative Broker at Dubai Expo 2021
Instruments
Forex, metals, cryptocurrencies, energies, indices, stocks Forex, Stocks, Commodities etc.
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Trading Platforms
  • MT4
  • MT5
  • TradingCentral
  • MT4
  • MT5
Payment Methods
Minimum Trade
Variable 0.01 lots
Regulator
FSA, CySEC, FCA, FSCA, FSC, CBCS CMA, FSC, FSCA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
Yes (iOS & Android) iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
No No
Social Trading
Yes No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • DKK
  • CHF
  • HKD
  • SGD
  • AED
  • SAR
  • HUF
  • NGN
  • THB
  • VND
  • UAH
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Access up to 1:200 leverage on CFDs with fast platform execution. It is easy for new traders to get started with a low deposit of $10, plus helpful education guides via the Exness Academy. Scope Markets clients can trade CFDs on a good selection of asset classes including forex, precious metals, energies, indices and global shares. The award-winning broker also offers a decent suite of educational materials and a YouTube channel to support aspiring traders.
Leverage
1:2000 1:2000 (location dependent)
FTSE Spread
Floating 0.4
GBPUSD Spread
Floating 1.0
Oil Spread
Floating 0.2
Stocks Spread
Floating Variable
Forex Trading
An impressive range of around 100 forex pairs are available with tight spreads from 0.1 pips. Choose between the advanced MT4 and MT5 platforms to access a suite of forex analysis tools. Scope Markets offers MT5 trading for a range of major, minor and exotic currency pairs with high leverage and a low starting deposit. Multilingual 24/5 support is also available to support forex traders.
GBPUSD Spread
Floating 1.0
EURUSD Spread
Floating 1.0
EURGBP Spread
Floating 1.0
Assets
97 44
Cryptocurrency
With over 30 cryptos on offer, traders have plenty of opportunities to access the digital asset market via desktop or mobile apps. Crypto deposits are also available making funding and trading seamless. Go long or short on popular cryptos like Bitcoin, Ethereum and Ripple with leveraged CFDs and competitive spreads. Depending on the jurisdiction, different regulations apply. CFDs on cryptocurrencies are not offered in all jurisdictions.
Spread
Floating Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
  • SOL
  • SNX
  • UNI
  • BAT
  • DOT
  • XTZ
  • ADA
  • BNB
  • ENJ
  • FIL
  • DOGE
  • COMP
  • THETA
  • AAVE
  • LINK
  • IOST
  • CAKE
  • MATIC
  • HT
  • MANA
  • HBAR
  • INCH
  • BTC
  • ETH
  • LTC
  • XRP
  • XMR
  • ZEC
  • BCH
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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