Scope Markets Kenya is a popular and trusted trading platform that has won numerous awards in recent years and offers a wide range of tools that are useful to both traders and investors, as well as various different financial instruments to invest in.

The platform has grown in popularity after it agreed to a multi-year partnership with Premier League football club West Ham United, having sponsored its shirt sleeve.

This Scope Markets Kenya review will explore everything about the platform, what it offers and its licenses.

What is Scope Markets Kenya?

Scope Markets Kenya, a brand name used by SCFM Limited is a widely known broker is a multi-licensed and regulated CFD (contracts-for-difference) broker offering both retail and institutional trading services, with flexible products and services tailored to the unique needs of their clients.

First established in 2010, the broker has years of experience and offers a multitude of assets across a wide range of markets, as well as competitive trading conditions.

scope markets kenya

Scope Markets Kenya is a multi-award-winning broker, recognized by multiple prestigious bodies, with the top management team having more than 20 years of experience in the industry.

The platform was recently acquired by Rostro Financials Group, a global fintech group based in Jersey that is focused on capital markets and digital assets.

Scope Markets Kenya has recently picked up a number of awards at prestigious events in recent years, including being named the Most Trusted Broker Africa and the Best Broker Asia at the Ultimate FinTech Awards in 2021, as well as winning three awards – Best Forex Broker, Best Customer Support and Best Mobile Application – at the World Forex Awards in 2020.

scope markets kenya west ham

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What Assets Can you Trade on Scope Markets Kenya?

Scope Markets Kenya offers more than 1,700 financial instruments including forex, shares, indices, invest in commodities, NSE derivatives and physical shares.

The platform offers direct access to real-time price quotes 24/5 from the world’s largest FX dealing exchanges, with almost 100 currency pairs to choose from – including majors, minors and exotics – with leverage up to 400:1 available.

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US, UK, German and French shares are among those that can be traded, with fast seamless execution on popular trading platform MT5 and the ability to trade multiple shares on one account, with leverage up to 20:1 available on shares.

Trade industry indices like the US Tech 100 or DJ30, or trade economy industries such as the SP500 or GER30 can all be traded, with minimum initial capital needed to open positions and long trading hours. Again, indices have up to 400:1 leverage.

Commodities can be traded as CFDs, with a wide range of markets to choose from, and low margin requirements, with leverage $500 for Spot Brent Oil and up to 400:1 on other commodities, such as precious metals.

Scope Markets Kenya also has single stock futures that are derivative instruments that give investors exposure to price movements on an underlying stock/share – those listed include ABSA, BATK, COOP, EQTY and others.

The total fees are just 0.22%, although the trading hours are limited compared to some of the other products on offer.

There are also equity index futures – including the NSE 25 Share Index- which has fees of 0.16%.

Finally, Scope Markets allows users to invest in physical shares and trade ETFs (exchange-traded funds) from more than 1,000 companies listed on the NYSE, LSE and SEHK – with the likes of Apple, Google, Nike, Tesla and others available.

However, the platform does not offer any way to trade cryptocurrency.

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Scope Markets Kenya Fees

Scope Markets Kenya does not charge any fees to sign up to the platform, but there is a minimum top-up amount of 50USD and some fees may be charged from your bank when depositing and withdrawing to and from the platform.

There are also unlimited withdrawals without any fees being charged.

scope markets kenya accounts

As mentioned above, some financial instruments come with attached fees, but the website states that Scope Markets Kenya offers negative balance protection, meaning users cannot lose more than their original investment amount.

The platform offers two account types – Silver and Gold (pictured above) – with the main difference being a tighter spread on the gold account that attracts a $3.50 commission per side, making it a top low-spread forex broker.

Scope Markets Kenya Trading Tools and Features

Scope Markets Kenya offers a range of key trading tools for its users.

Users can have fully automated transactions, choose micro, mini and standard lots and stay up to date with a market news stream.

They can also utilize strategy-checking features, view historical data analysis, and take advantage of an internal mailing and notifications system.

Scope Trader

This platform offers access to major global markets in the way that suits the customer best – straight from a browser or from the Scope Trader mobile investing app.

Here are just a few of the advanced tools and features available on Scope Trader:

  • Live Forex liquidity heatmap
  • Built-in financial and investment news
  • 70+ advanced charting tools for technical analysis
  • One-click trading straight from your charts
  • Customizable watchlists and dynamic price alerts
  • Live and Demo accounts available
  • User-friendly interface


Scope Markets Kenya offers the use of one of the most popular trading platforms on the market, MT5.

The powerful web-based platform grants users access to global markets to trade all sorts of different financial instruments from any device with internet access.

It also has a large community of traders and a free trading robot that includes strategy automation, with MT5 having significant advantages over MT4.

It has a fill or kill order policy with immediate or cancel return, six pending order types compared to 4 and offers depth of market and time & sales data.

MT5 has also seen the number of technical indicators increase from 30 to 38, the graphical objects increase from 31 to 44 and the time frames jump from 9 to 21.

It also allows users to transfer funds between accounts, has an embedded community chat, netting, unlimited symbols and allows for futures, options, stocks and bonds trading as well as forex.

Scope Copy

Scope Markets Kenya also has one of the best copy trading platforms on the market. Scope Copy allows users to automatically copy the strategies of top traders worldwide on a dedicated Scope Copy app, which is available from either the App Store or Google Play.

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Scope Markets Kenya Bonus Offer

New users with Scope Markets Kenya can earn a top bonus offer with a  50% deposit bonus of up to $50,000, which will greatly improve their ability to trade and generate profits.

The minimum deposit is $100, which would earn an extra $50, with a $00,000 deposit earning the full $50,000.

scope markets kenya 50k

Deposits above $100,000 would also return $50,000.

To earn the deposit, users must:

  1. Open Account  – The process is quick and can be done on the Scope Markets Kenya website or mobile app. New customers must complete Know Your Customer(KYC) verification steps.
  2. Deposit Funds – Make a minimum deposit of at least $100 for a $50 bonus.
  3. Begin Trading – As outlined above, users can then trade up to 1,700 financial instruments.

Full terms and conditions are available on the Scope Markets Kenya website.

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Scope Markets Kenya Deposit & Withdrawal Options

As briefly outlined above, the platform does not charge any fees when depositing or withdrawing, although there is a minimum deposit amount of 50 USD and withdrawals can take up to five business days depending on the method used.

Scope Markets Kenya follows KYC processes for new customers, meaning they conduct due diligence for all those who sign up to avoid and protect the company from any form of financial crime such as money laundering or identity theft.

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Documents that need to be provided include a passport or driving licence and proof of residence such as recent a utility bill or bank statement – the process should be completed within three hours and no longer than 24 hours.

With regard to payment solutions for the Kenyan market, Scope offers MPESA and other mobile money services, credit card (Visa or Mastercard), Wire Transfer, and several other alternative methods which clients can find in their Scope Markets portal.

More information is available on the FAQ section of the Scope Markets Kenya site.

Scope Markets Regulation & Licensing

Scope Markets is a reputable and customer-centric broker, demonstrated by its numerous licenses and large global customer base.

It’s important to take these factors into account when choosing a broker as, while your needs will be unique, it’s reassuring to know you’re trading with a company that adheres strictly to regulations.

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Its registered address is in Belize and the broker is licensed in that country, as well as by the Capital Markets Authority in Kenya, the Cyprus Securities Exchange Commission (CySEC), the Financial Services Authority of Seychelles and the Financial Sector Conduct Authority of South Africa.

Scope Markets customers are supported 24/5 – the Support Team can assist with a range of topics, including account opening, payment solutions and providing market news and updates.


Scope Markets is a well-trusted reputable trading platform that has a large customer base and offers users a wide variety of financial instruments to trade with.

The platform also utilizes the latest trading tools, such as MT5, and offers competitive rates and commissions for users, as well as two different account types.

It has more than 1,700 financial instruments to choose from and has won numerous awards in recent years for the quality of its customer service, mobile app and products on offer.

Its multi-year sleeve partnership with Premier League football club West Ham United has also seen it grow globally.

Crypto assets are a highly volatile unregulated investment product.


Is Scope Markets Kenya safe and legit?

Is Scope Markets Kenya good?

How do I register an account with Scope Markets Kenya?

What are the deposit and withdrawal options on Scope Markets Kenya?