FXPesa vs Scope Markets
| FXPesa Review 2023 | Scope Markets Review 2023 |
|---|---|
1.5
|
4.2
Scope Markets is #10 in our CFD broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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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 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 | |
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| Cons | |
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| Instruments | |
| Stocks, CFD, Forex | Forex, Stocks, Commodities etc. |
| 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 | Yes |
| 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 |
| 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. | 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 | |
| 1:400 | 1:2000 (location dependent) |
| 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 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 | |
| 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 | 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 | |
| Variable | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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FXPesa vs |
Scope Markets vs |