Scope Markets vs ForexChief

Scope Markets vs ForexChief Comparison Table 2023
Scope Markets ForexChief
WINNER
ForexChief is the better broker
Not Yet Rated

Scope Markets is #12 in our CFD broker rankings.

3.3

ForexChief is #6 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Scope Markets offers day trading and investing in over 250 spot & CFD instruments. The firm is regulated and boasts competitive trading conditions, several account types and a range of payment methods.

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

Bonus
$100 no deposit
Instruments
Stocks, Futures, CFD, Forex, ETFs Stocks, CFD, Forex, Crypto
Demo Account
No Yes
Minimum Deposit
$500 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
CMA, CySEC, FSCA VFSC
Margin Trading
Yes Yes
Margin Rate
0.1%
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes Yes
Copy Trading
No Yes
Social Trading
No No
Trade Signals
Yes
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
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Scope Markets clients can trade up to 63 CFD instruments, covering forex, precious metals, energies, indices and global shares. ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:30 Retail, 1:100 Professional 1:1,000
FTSE Spread
0.4 80
GBPUSD Spread<
1.0 0.9
Oil Spread
0.2 12
Stocks Spread
Variable 50
Forex Trading
Scope Markets offers MT5 trading for a range of major, minor and exotic currency pairs with leverage rates as high as 1:30 for retail clients and 1:100 for professional traders. ForexChief supports spot foreign exchange trading on all account types for 40 major, minor and exotic currency pairs on both MT4 and MT5.
GBPUSD Spread
1.0 0.9
EURUSD Spread
1.0 0.4
EURGBP Spread
1.0 0.9
Assets
44 40
Cryptocurrency
Crypto trading not offered ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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