FXPesa vs Scope Markets
FXPesa | Scope Markets |
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1.5
|
4.2
Scope Markets is #13 in our CFD broker rankings. |
Traders from US not accepted
|
Traders from US accepted |
FXPesa offers forex and CFD trading from its headquarters in Kenya. |
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 | |
30% deposit bonus up to $150 | 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 | |
"Scope Markets continues to appeal to experienced short-term traders seeking highly leveraged CFDs and spot investment products on the powerful MetaTrader 5 platform. Investors can also access additional trading tools, including premium signals and PAMM/MAM accounts. " | |
Pros | |
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Cons | |
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Instruments | |
CFDs, Forex, Stocks, Commodities | Forex, CFDs, Stocks, Commodities, Indices, Futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $50 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0 | 0.01 lots |
Regulator | |
CMA | CMA, FSC, FSCA |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
No | 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 | |
No | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
MT4, FXPesa Trader | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
MT4 | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$10 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade leveraged CFDs on popular financial assets, including indices and commodities. | You can trade hundreds of CFDs on major asset classes including currencies, shares and futures. Spreads are not overly competitive starting at 0.9 pips, although the $50 minimum deposit and zero commissions will allow active traders to keep their costs down. |
Leverage | |
1:400 | 1:2000 |
FTSE Spread | |
From 0.7 pips | 0.4 |
GBPUSD Spread | |
From 0.2 pips | 1.0 |
Oil Spread | |
From 0.028 pips | 0.2 |
Stocks Spread | |
Not Available | Variable |
Forex Trading | |
FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics. | Scope Markets offers 40+ major, minor and exotic currency pairs. Although the range is average, experienced traders can access very high leverage up to 1:2000. Additionally, the broker’s proprietary terminal delivers advanced analysis tools, including a live forex heatmap. |
GBPUSD Spread | |
From 0.2 pips | 1.0 |
EURUSD Spread | |
From 0 pips | 1.0 |
EURGBP Spread | |
From 0.2 pips | 1.0 |
Assets | |
66 | 44 |
Cryptocurrency | |
Crypto trading not offered | Traders can go long or short on popular cryptos like Bitcoin, Ethereum and Ripple paired with USD. Trading is available on the MT5 platform, which offers an excellent environment for short-term crypto strategies, with 21 chart timeframes and dozens of indicators. |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
FXPesa vs |
Scope Markets vs |