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Scope Markets in South Africa — review, licence and costs
Score (5 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%40
- Round-turn cost20%80
- Safety20%100
- Payouts15%60
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (5 facts)
- Onboarding entity
- Scope Markets SA (Pty) Ltd.
- Retail leverage
- 1000 group
- Round turn
- 9 USDZA
- Currencies
- ZAR available; also USD/EUR/GBP.
- Swap-free account
- yes
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with Scope MarketsThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- Scope Markets SA (Pty) Ltd.
- Local standing
- Locally regulated by FSCA; no FSCA warning/alert found.
- Licence as the register states it
- LOCAL licence: FSCA authorised FSP 47025 (derivatives/ODP). Genuine local regulation.
- Leverage for this entity
- Up to 1:1000 via offshore terms; FSCA sets no hard retail cap.
- The firm behind it
- Scope Markets brand; RS Global / RockGlobal roots; multi-entity (Belize, Cyprus, Mauritius, Seychelles, Kenya, SA).
- What we hold against it
- FSCA LOCAL-licensed (positive); mid-tier offshore leverage still applies for international accounts.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youLocally regulated by FSCA; no FSCA warning/alert found.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against South Africa market median(priced from 80 of 103)
Medians run over the 80 of 103 brokers that publish a price for South Africa, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: One, Plus, Scope Elite (zero-spread+commission), demo, Islamic, MAM/PAMM. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Scope Markets sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 9 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 10 USD · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · this broker 1:1000 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (5 methods · 0 local rails)
Bank transfer, Visa/Mastercard, Skrill, Neteller.
- Bank transfer
- Visa
- Mastercard
- Skrill
- Neteller
- Account currency
- ZAR available; also USD/EUR/GBP.
- Fee declared
- 5 of 5 methods
- Withdrawal back to
- the funding method
Where it does not serve(4 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
- IRESS
Identical for every row: Min spread 0.9 · Leverage 1000 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.8 | 59 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(5 for and 5 against, each tied to a figure on this page)
- Authorised by the South Africa regulator in its own register
- Min deposit 10 USD, under the South Africa median 50
- Swap-free account available
- Safety 100 of 100, its strongest of 5 scored axes
- 3 platforms: MT4, MT5, IRESS
- Round turn 9 USD on the raw + commission basis, over the South Africa median 7
- Withdrawal in 48 h, over the South Africa median 24
- The published 1:1000 comes from the group's offshore entity, not from the South Africa one
- Reviews 40 of 100, its weakest of 5 scored axes
- Not scored on track record: the broker publishes no figure we could read
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 9ZA
- Min deposit, USD
- 25ZA
- Leverage
- 1000ZA
- Rank in this country
- #1
- Round turn, USD
- 9ZA
- Min deposit, USD
- 100ZA
- Leverage
- 400ZA
- Rank in this country
- #9
- Round turn, USD
- 12ZA
- Min deposit, USD
- 500 groupZA
- Leverage
- 400ZA
- Rank in this country
- #39
- Round turn, USD
- 6ZA
- Min deposit, USD
- 20ZA
- Leverage
- 30 group
- Rank in this country
- #2
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0 groupZA
- Leverage
- 2000ZA
- Rank in this country
- #3
- Round turn, USD
- 1ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #38
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology
| Axis | Weight | What is measured | Scope Markets |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 40 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 80 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 100 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | — |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Scope Markets accept residents of South Africa?
- Yes. Locally regulated by FSCA; no FSCA warning/alert found. Onboarding entity: Scope Markets SA (Pty) Ltd.
- Is Scope Markets licensed to serve clients in South Africa?
- LOCAL licence: FSCA authorised FSP 47025 (derivatives/ODP). Genuine local regulation. Checked on 09.07.2026.
- How much does one round turn cost at Scope Markets?
- About 9.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does Scope Markets offer to retail clients in South Africa?
- Up to 1:1000. Up to 1:1000 via offshore terms; FSCA sets no hard retail cap.
- Which trading platforms does Scope Markets support?
- MT4, MT5, IRESS. Instruments: 40+ FX pairs, indices, commodities, 770+ share CFDs, crypto, ETFs.
- How can I withdraw money from Scope Markets in South Africa?
- Bank transfer, Visa/Mastercard, Skrill, Neteller.
- What account types does Scope Markets offer?
- One, Plus, Scope Elite (zero-spread+commission), demo, Islamic, MAM/PAMM.
- Does Scope Markets offer a swap-free (Islamic) account?
- Yes. Scope Markets offers a swap-free (Islamic) account to South Africa residents.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://scopemarkets.com
Not tax advice. Check with SARS.