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Scope Markets in Kenya — review, licence and costs
Cost calculator (median of 36 priced of 55)
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
- SCFM Limited
- Retail leverage
- 400KE
- Round turn
- 9 USDKE
- Currencies
- KES available; also USD.
- Swap-free account
- yes
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 Kenya residents
- SCFM Limited
- Local standing
- Locally regulated by CMA Kenya; funds in segregated accounts at local banks. No CMA warning/alert found.
- Licence as the register states it
- LOCAL licence: CMA Kenya, Non-Dealing Online Forex Broker licence #123 (since 2019). Genuine local regulation.
- Leverage for this entity
- Up to 1:400 (per Kenya CMA-tier conditions).
- The firm behind it
- Scope Markets brand; roots RS Global / RockGlobal; strong Kenya presence, Nairobi HQ, MENA/Africa focus.
- What we hold against it
- CMA Kenya LOCAL-licensed (strong positive); one of longest-standing CMA forex brokers.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Kenyan residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youLocally regulated by CMA Kenya; funds in segregated accounts at local banks. No CMA 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 Kenya market median(priced from 36 of 55)
Medians run over the 36 of 55 brokers that publish a price for Kenya, 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: Silver/Gold (One/Plus tiers), demo, Islamic swap-free. 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.
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Taxes for a Kenyan resident(1 rule)
- Forex/CFD profit treated as ordinary income for most retail traders (not capital gains), added to taxable income, taxed on graduated bands roughly 10% up to a top marginal rate of 35% (as of the review;https://scopemarkets.co.ke
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (4 methods · 1 local)
M-Pesa (instant deposit/withdraw), bank transfer, Visa/Mastercard.
- M-Pesalocal
- Bank transfer
- Visa
- Mastercard
- Account currency
- KES available; also USD.
- Fee declared
- 4 of 4 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(2 platforms)
- MT4
- MT5
| Class | Min spread | Leverage |
|---|---|---|
| MT4 | 1.1 | 400KE |
| MT5 | 1.1 | 400KE |
71 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 65 more.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.8 | 59 |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(3 for and 4 against, each tied to a figure on this page)
- Locally authorised, licence 123, read on 09.07.2026
- Swap-free account available
- Safety 100 of 100, its strongest of 5 scored axes
- Round turn 9 USD on the raw + commission basis, over the Kenya median 7
- Min deposit 100 USD, over the Kenya median 25
- 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 Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 8KE
- Min deposit, USD
- 100 groupKE
- Leverage
- 500 group
- Rank in this country
- #1
- Round turn, USD
- 7KE
- Min deposit, USD
- 100KE
- Leverage
- 1000 group
- Rank in this country
- #5
- Round turn, USD
- 7KE
- Min deposit, USD
- 20 groupKE
- Leverage
- 200KE
- Rank in this country
- #3
- Round turn, USD
- 7KE
- Min deposit, USD
- 10KE
- Leverage
- 400KE
- Rank in this country
- #4
- Round turn, USD
- 7KE
- Min deposit, USD
- 5KE
- Leverage
- 400KE
- Rank in this country
- #6
- Round turn, USD
- 6KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 500KE
- Rank in this country
- #19
"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.
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 Kenya 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 |
Where Scope Markets sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · this broker 9 USD · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · this broker 100 USD · 28 of 55 brokers do not publish it
Retail leverage (29 of 55 with a Kenya figure)
Median 1:500 · range 30-5000 · this broker 1:400 · 26 of 55 brokers do not publish it
Withdrawal time published (55 brokers)
FAQ
- Does Scope Markets accept residents of Kenya?
- Yes. Locally regulated by CMA Kenya; funds in segregated accounts at local banks. No CMA warning/alert found. Onboarding entity: SCFM Limited
- Is Scope Markets licensed to serve clients in Kenya?
- LOCAL licence: CMA Kenya, Non-Dealing Online Forex Broker licence #123 (since 2019). 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 Kenya is 7.0 USD.
- What leverage does Scope Markets offer to retail clients in Kenya?
- Up to 1:400. Up to 1:400 (per Kenya CMA-tier conditions).
- Which trading platforms does Scope Markets support?
- MT4, MT5. Instruments: 40+ FX pairs, indices, commodities, share CFDs, crypto CFDs.
- How can I withdraw money from Scope Markets in Kenya?
- M-Pesa (instant deposit/withdraw), bank transfer, Visa/Mastercard.
- What account types does Scope Markets offer?
- Silver/Gold (One/Plus tiers), demo, Islamic swap-free.
- Does Scope Markets offer a swap-free (Islamic) account?
- Yes. Scope Markets offers a swap-free (Islamic) account to Kenya residents.