Scope Markets

Scope Markets

🟢 Tier 1 Regulated
7.2
/ 10
vs
Multibank Group

Multibank Group

🟢 Tier 1 Regulated
8.0
/ 10

Scope Markets vs Multibank Group

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Scope Markets and Multibank Group are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Scope Markets, founded in 2019 and headquartered in Limassol, Cyprus, is regulated by CySEC, CMA, FSA and offers spreads starting from 0.5 pips with a minimum deposit of $100. Multibank Group, established in 2005 in Dubai, UAE, holds licenses from ASIC, BaFin, DFSA, CIMA with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, Multibank Group scored 8/10 overall compared to Scope Markets's 7.2/10, making it the stronger pick for most traders. That said, Scope Markets holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Multibank Group scores 8/10 overall vs 7.2/10 for Scope Markets — a 0.8-point difference.

  • 💵

    Multibank Group requires just $50 to start, while Scope Markets needs $100 — Multibank Group is 2x more accessible.

  • 📈

    Multibank Group offers 1,000+ instruments vs 200+ at Scope Markets — a massive gap in market coverage.

  • 🖥️

    Scope Markets runs on MT4, MT5, while Multibank Group uses MT4, MT5, Multibank Pro — different ecosystems for different trading styles.

  • The biggest gap is in Trading Costs: Multibank Group scores 8.5 vs 7.0 for Scope Markets — a 1.5-point difference.

Our Verdict

Scope Markets

Scope Markets

Score: 7.2/10 · Wins 0 categories
  • You prefer Scope Markets's trading environment overall
🏆 WINNER
Multibank Group

Multibank Group

Score: 8.0/10 · Wins 8 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority

Multibank Group takes the lead with an overall score of 8/10 compared to 7.2/10, winning in 8 out of 8 scoring categories. Multibank Group stands out for lower trading costs and better trading platforms, while Scope Markets remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, Multibank Group comes out ahead with a 8/10 overall rating, winning 8 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. Multibank Group holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Scope Markets is not without merit — it scores 7.2/10 overall and excels in Regulation & Trust (7.5/10). For a complete breakdown, read our full Multibank Group review and Scope Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Scope Markets
Multibank Group
Trading Costs
7.0 8.5

Multibank Group wins by 1.5 points

Platforms & Tools
7.0 7.5

Multibank Group wins by 0.5 points

Regulation & Trust
7.5 8.5

Multibank Group wins by 1.0 points

Education
6.5 7.0

Multibank Group wins by 0.5 points

Customer Service
7.0 8.0

Multibank Group wins by 1.0 points

Research & Analysis
6.5 7.5

Multibank Group wins by 1.0 points

Deposit & Withdrawal
7.0 8.0

Multibank Group wins by 1.0 points

Product Range
6.5 8.0

Multibank Group wins by 1.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
8.0/10
Min Deposit
Lower is better
$100
$50
Max Leverage
1:500
1:500
Spreads From
0.5 pips
0.0 pips
Platforms
MT4, MT5
MT4, MT5, Multibank Pro
Regulation
CySEC, CMA, FSA
ASIC, BaFin, DFSA, CIMA
Founded
Older track record highlighted
2019
2005
Markets
200+
1,000+
Scope Markets: 0 Multibank Group: 1
💰

Fees & Costs

🏅 Section Winner: Multibank Group (7.0 vs 8.5)

When it comes to trading costs, Multibank Group has the edge with a score of 8.5/10 versus 7/10 for Scope Markets. Scope Markets offers spreads starting from 0.5 pips, while Multibank Group starts from 0.0 pips. The minimum deposit at Scope Markets is $100, compared to $50 at Multibank Group. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Scope Markets
7.0
Multibank Group
8.5
Scope Markets: 0 Multibank Group: 2
🖥️

Trading Platforms

🏅 Section Winner: Multibank Group (7.0 vs 7.5)

Multibank Group scores 7.5/10 for platforms compared to 7/10 for Scope Markets. Scope Markets provides MT4, MT5, while Multibank Group offers MT4, MT5, Multibank Pro. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Scope Markets
7.0
Multibank Group
7.5
Scope Markets: 0 Multibank Group: 3
🛡️

Regulation & Safety

🏅 Section Winner: Multibank Group (7.5 vs 8.5)

Regulation is crucial for fund safety. Scope Markets is regulated by CySEC, CMA, FSA (Tier 1), while Multibank Group holds licenses from ASIC, BaFin, DFSA, CIMA (Tier 1). Scope Markets scores 7.5/10 and Multibank Group scores 8.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

Scope Markets
7.5
Multibank Group
8.5
Scope Markets: 0 Multibank Group: 4
📚

Education & Research

🏅 Section Winner: Multibank Group (6.5 vs 7.0)

For learning resources, Multibank Group leads with 7/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Scope Markets and Multibank Group both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Scope Markets
6.5
Multibank Group
7.0
Scope Markets: 0 Multibank Group: 5
🎧

Customer Support

🏅 Section Winner: Multibank Group (7.0 vs 8.0)

Scope Markets offers 24/5 Live Chat, Email and scores 7/10, while Multibank Group provides 24/7 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Scope Markets
7.0
Multibank Group
8.0
Scope Markets: 0 Multibank Group: 6
💳

Deposit & Withdrawal

🏅 Section Winner: Multibank Group (7.0 vs 8.0)

Scope Markets scores 7/10 for deposits and withdrawals, while Multibank Group scores 8/10. Scope Markets accepts Bank Transfer, Credit Card, Skrill, Neteller, and Multibank Group supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Scope Markets requires a minimum deposit of $100 versus $50 for Multibank Group. Always check withdrawal conditions and any potential fees before funding your account.

Scope Markets
7.0
Multibank Group
8.0

Which Broker Is Right for You?

Scope Markets

Choose Scope Markets if you...

  • You prefer Scope Markets's trading environment overall
Visit Scope Markets
Multibank Group

Choose Multibank Group if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit Multibank Group

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Scope Markets better than Multibank Group?

Multibank Group scores higher overall (8/10 vs 7.2/10), winning 8 of 8 categories. However, Scope Markets remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, Scope Markets or Multibank Group?

Multibank Group scores higher for trading costs. Scope Markets offers spreads from 0.5 pips with a $100 minimum deposit, while Multibank Group starts from 0.0 pips with $50 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Scope Markets safe to trade with?

Scope Markets is regulated by CySEC, CMA, FSA and scores 7.5/10 for regulation. Multibank Group is regulated by ASIC, BaFin, DFSA, CIMA with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Scope Markets or Multibank Group?

Multibank Group scores 7.5/10 for platforms. Scope Markets offers MT4, MT5, while Multibank Group provides MT4, MT5, Multibank Pro. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Scope Markets vs Multibank Group?

Scope Markets requires a minimum deposit of $100, while Multibank Group requires $50. Multibank Group has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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