Scope Markets vs Exinity

Scope Markets or Exinity – which is better for UK traders 2024? Compare Scope Markets and Exinity in this detailed breakdown of their platforms, features and fees.

Scope Markets vs Exinity Comparison Table 2024
Scope Markets Exinity
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4.2
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3.4
Scope Markets is ranked #45 among CFD brokers. Exinity is ranked #94 among CFD brokers.
Review
Review
Scope Markets offers 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. Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
Pros
  • There's a decent range of research and analysis resources including a market blog, forex calculators and an economic calendar
  • Traders can access both the MT4 and MT5 platforms, with support for Expert Advisors (EAs) and auto trading strategies
  • The Scope Trader proprietary platform offers high quality technical features, including 50+ charting tools
  • The broker offers multilingual, 24/5 customer support via telephone, email and live chat
  • Very wide range of forex pairs, with 150+ on offer
  • Excellent pricing with spreads starting from zero and just $2 per lot in commissions
  • Leverage up to 1:2000 for traders with an appetite for risk
  • No restrictions on trading strategies such as scalping
  • Supports MetaTrader 4 and MetaTrader 5 platforms
  • Hold positions swap-free for up to 7 days
  • 24-hour customer support
Cons
  • Spreads are wider than some alternatives, starting from 0.9 pips for major pairs - the best brokers offer spreads from 0.0 pips
  • Scope Markets is not overseen by any of the top-tier regulators in the US, Europe or Australia
  • Educational resources are very limited which will reduce the appeal for beginners
  • No cryptocurrency trading available
  • Does not accept traders from the US
  • No bonus schemes
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Forex, CFDs, Stocks, Commodities, Indices, Futures Stocks, Stock CFDs, Forex, Commodities, Indices
Demo Account
Yes No
Minimum Deposit
£50 $20 (World), $100 (Trader), $10,000 (Trader Pro)
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
CMA, FSC, FSCA FSRA, FCA, FSC, CMA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes 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 No
ECN Account
No Yes
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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes - MT4 / MT5 and Analyst Sentiment
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
  • USD
  • EUR
  • GBP
  • USD
  • AED
Commodities
  • Silver
  • Natural Gas
  • Oil
  • Gold
  • Platinum
  • Palladium
  • Oil
  • Gold
  • Silver
CFD
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. Trade CFDs on forex, stocks, indices, energies and metals with fast execution and variable leverage. Spreads are tight and commission-free trading is available on some assets.
Leverage
1:2000 1:2000
FTSE Spread
0.4 Variable
GBPUSD Spread<
1.0 1.9
Oil Spread
0.2 Variable
Stocks Spread
Variable Variable
Forex
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. Exinity offers 150+ forex pairs to trade on a very competitive ECN pricing model, with spreads from zero and low commissions of $4 per round turn. Traders can access the powerful MT4 and MT5 platforms and trade with no restrictions on popular trading strategies.
Assets
44 150+
GBPUSD Spread
1.0 1.9
EURUSD Spread
1.0 1.3
EURGBP Spread
1.0 2.8
Cryptocurrency
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
  • BTC
  • ETH
  • LTC
  • XRP
  • XMR
  • ZEC
  • BCH
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Scope Markets Exinity
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