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Scope Markets fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for Scope Markets, from the database.
Facts last checked . Read the full Scope Markets review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 1.0 pip
- GBP/USD spread
- Approx. 1.2 pips
- Commission
- $0 on standard forex pricing
- All-in cost, EUR/USD
- Approx. 1.0 pip
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps may be charged or credited
- Inactivity fee
- $10/month after 6 months inactivity
- Deposit fee
- Generally none internally; method/currency-dependent charges may apply
- Withdrawal fee
- First withdrawal per day and up to five per week free; excess withdrawals may incur $35 equivalent
- Currency conversion
- No conversion fee for specified major currencies; up to 3% spread for applicable exotic currency conversion
What this means
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Scope Markets lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about Scope Markets fees
What is the EUR/USD spread at Scope Markets?
Scope Markets records an average EUR/USD spread of approx. 1.0 pip on a variable pricing model.
Does Scope Markets charge commission?
Scope Markets's commission is $0 on standard forex pricing. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does Scope Markets charge an inactivity fee?
Scope Markets's inactivity fee is recorded as $10/month after 6 months inactivity.
Fees at brokers under the same regulator
- Exness fees also licensed by FSC (Belize)
- HF Markets fees also licensed by FSC (Mauritius)
- FXTM fees also licensed by FSC (Mauritius)
- FP Markets fees also licensed by FSC (Mauritius)
- IC Markets fees also licensed by CMA (Kenya)