104 brokers measured60 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.

Lerato Naidoo Author

Chinedu Kimani Editor

Zanele Adeyemi Fact-checkerScore recalculated 03.10.2026

Scope Markets SA — South Africa

Key facts (8)

Who actually onboards you: Scope Markets SA (Pty) Ltd (reg 2016/137466/07), Sandton, Johannesburg
Licence number: not stated
Established: 2014group
Min deposit, USD: not stated
Platforms: MetaTrader 4 · MetaTrader 5
Local funding: EFT / instant EFT; card and bank transfer
Max leverage: not stated
EURUSD: 0.9 pipsgroup

This broker against the South Africa middle (60 of 104)

	Scope Markets SA	South Africa median
Round turn, USD	9.0 USD	7.0 USD
Min deposit, USD	no data	50.0 USD
Max leverage	no data	500.0geo
Withdrawal, h	3-5 business days hgroup	24.0 h
EURUSD, standard	0.9 pipsgroup	1.0 pips
EURUSD, raw	not priced	0.0 pips
Established	2014group	2009.5
Platforms	2	3.0

Accepts residents of South Africa

Yes

Score (6/6 axes)

3.88 of 5

reviews7025%

cost8020%

safety9020%

payouts015%

track_record6010%

platforms5010%

Ranked against brokers measured on every axis

Licence check

Licence number

not stated

Checked

2026-07-11

Who actually onboards you

Scope Markets SA (Pty) Ltd (reg 2016/137466/07), Sandton, Johannesburg

Entity not established

Cost per round turn, and the South Africa middle (60 of 104)

Round turn, USD

9.0 USD

Median

7.0 USD

standard

The numbers across South Africa

Round-turn cost, USD (60 of 104)

Median 7.0 · Range 1.5–20.0 USD

Minimum deposit, USD (36 of 104)

Median 50.0 · Range 0.0–1000.0 USD

What each account gives you

ZAR forex/CFD trading accounts (standard/low-cost tiers)

What the broker publishes about payouts

Withdrawal, h

3-5 business days hgroup

Reviews

4.4/5 from 1,234 reviewsgroup

4.4 out of 5

Trading software and asset classes (2)

MetaTrader 4 · MetaTrader 5

CFDs on forex (40+ pairs), global stock indices, commodities, share CFDs, cryptocurrencies

Trading profits and South Africa tax

SARS taxes residents on worldwide income. Frequent/active forex trading is generally taxed as income at the individual's marginal rate (progressive 18%-45%), not as capital gains. Active traders typically register for provisional tax (IRP6 due end-Aug and end-Feb, plus a third top-up if owing) and file the annual ITR12; trading-related expenses are deductible. Rates/brackets change annually - pres

Where it wins, where it loses

Pros (1)

Licensed locally: register entry

Cons (2)

Round turn 9.0 USD against a South Africa median of 7.0
Minimum deposit for this country not published

The rest of the shortlist in South Africa (6)

Where it does not serve

United States, Canada, United Kingdom, Australia

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-11

www.scopemarkets.co.za/en/platforms/mt5 page
sctrade-southafrica.com/ domain
www.bestbrokers.com/reviews/scope-markets/ page

FAQ (5)

Does Scope Markets SA accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of Scope Markets SA?

Scope Markets SA (Pty) Ltd (reg 2016/137466/07), Sandton, Johannesburg

What licence does Scope Markets SA hold for South Africa?

No licence number is published for this country.

What does one EURUSD lot cost at Scope Markets SA?

9.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.

How long does a withdrawal from Scope Markets SA take?

3-5 business days hours as published. International Bank Transfer|3-5 business days|3-5 business days