Webull

Webull

🟢 Tier 1 Regulated
7.5
/ 10
vs
Scope Markets

Scope Markets

🟢 Tier 1 Regulated
7.2
/ 10

Webull vs Scope Markets

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

Webull and Scope Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Webull, founded in 2017 and headquartered in New York, USA, is regulated by ASIC and offers spreads starting from N/A with a minimum deposit of $0. Scope Markets, established in 2019 in Limassol, Cyprus, holds licenses from CySEC, CMA, FSA with spreads from 0.5 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, Webull scored 7.5/10 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 stronger regulation, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Webull scores 7.5/10 overall vs 7.2/10 for Scope Markets — a 0.3-point difference.

  • 💵

    Webull requires just $0 to start, while Scope Markets needs $100 — Webull is 100x more accessible.

  • 📈

    Webull offers 5,000+ instruments vs 200+ at Scope Markets — a massive gap in market coverage.

  • 🖥️

    Webull runs on Webull App, while Scope Markets uses MT4, MT5 — different ecosystems for different trading styles.

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

Our Verdict

🏆 WINNER
Webull

Webull

Score: 7.5/10 · Wins 5 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • You want access to a wider range of instruments
Scope Markets

Scope Markets

Score: 7.2/10 · Wins 1 categories
  • Top-tier regulation and fund safety are your priority
  • You prefer Scope Markets's trading environment overall

Webull takes the lead with an overall score of 7.5/10 compared to 7.2/10, winning in 5 out of 8 scoring categories. Webull stands out for lower trading costs and better trading platforms, while Scope Markets fights back with stronger regulation.

Detailed Verdict

After testing both brokers with real accounts, Webull comes out ahead with a 7.5/10 overall rating, winning 5 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. Webull 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), winning 1 category. Traders who value stronger regulation may find Scope Markets the better fit. For a complete breakdown, read our full Webull review and Scope Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Webull
Scope Markets
Trading Costs
8.5 7.0

Webull wins by 1.5 points

Platforms & Tools
8.5 7.0

Webull wins by 1.5 points

Regulation & Trust
7.0 7.5

Scope Markets wins by 0.5 points

Education
7.5 6.5

Webull wins by 1.0 points

Customer Service
7.0 7.0
Research & Analysis
8.0 6.5

Webull wins by 1.5 points

Deposit & Withdrawal
7.0 7.0
Product Range
7.5 6.5

Webull wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.5/10
7.2/10
Min Deposit
Lower is better
$0
$100
Max Leverage
1:5
1:500
Spreads From
N/A
0.5 pips
Platforms
Webull App
MT4, MT5
Regulation
ASIC
CySEC, CMA, FSA
Founded
Older track record highlighted
2017
2019
Markets
5,000+
200+
Webull: 1 Scope Markets: 0
💰

Fees & Costs

🏅 Section Winner: Webull (8.5 vs 7.0)

When it comes to trading costs, Webull has the edge with a score of 8.5/10 versus 7/10 for Scope Markets. Webull offers spreads starting from N/A, while Scope Markets starts from 0.5 pips. The minimum deposit at Webull is $0, compared to $100 at Scope Markets. 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.

Webull
8.5
Scope Markets
7.0
Webull: 2 Scope Markets: 0
🖥️

Trading Platforms

🏅 Section Winner: Webull (8.5 vs 7.0)

Webull scores 8.5/10 for platforms compared to 7/10 for Scope Markets. Webull provides Webull App, while Scope Markets offers MT4, MT5. 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.

Webull
8.5
Scope Markets
7.0
Webull: 2 Scope Markets: 1
🛡️

Regulation & Safety

🏅 Section Winner: Scope Markets (7.0 vs 7.5)

Regulation is crucial for fund safety. Webull is regulated by ASIC (Tier 1), while Scope Markets holds licenses from CySEC, CMA, FSA (Tier 1). Webull scores 7/10 and Scope Markets scores 7.5/10 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.

Webull
7.0
Scope Markets
7.5
Webull: 3 Scope Markets: 1
📚

Education & Research

🏅 Section Winner: Webull (7.5 vs 6.5)

For learning resources, Webull leads with 7.5/10 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. Webull and Scope Markets 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.

Webull
7.5
Scope Markets
6.5
Webull: 3 Scope Markets: 1
🎧

Customer Support

Webull offers 24/5 Live Chat, Email and scores 7/10, while Scope Markets provides 24/5 Live Chat, Email with a score of 7/10. 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.

Webull
7.0
Scope Markets
7.0
Webull: 3 Scope Markets: 1
💳

Deposit & Withdrawal

Webull scores 7/10 for deposits and withdrawals, while Scope Markets scores 7/10. Webull accepts Bank Transfer, and Scope Markets supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Webull requires a minimum deposit of $0 versus $100 for Scope Markets. Always check withdrawal conditions and any potential fees before funding your account.

Webull
7.0
Scope Markets
7.0

Which Broker Is Right for You?

Webull

Choose Webull if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • You want access to a wider range of instruments
Visit Webull
Scope Markets

Choose Scope Markets if you...

  • Top-tier regulation and fund safety are your priority
  • You prefer Scope Markets's trading environment overall
Visit Scope Markets

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Webull better than Scope Markets?

Webull scores higher overall (7.5/10 vs 7.2/10), winning 5 of 8 categories. However, Scope Markets is stronger in stronger regulation. The best choice depends on what matters most to your trading style.

Which has lower fees, Webull or Scope Markets?

Webull scores higher for trading costs. Webull offers spreads from N/A with a $0 minimum deposit, while Scope Markets starts from 0.5 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Webull safe to trade with?

Webull is regulated by ASIC and scores 7/10 for regulation. Scope Markets is regulated by CySEC, CMA, FSA with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Webull or Scope Markets?

Webull scores 8.5/10 for platforms. Webull offers Webull App, while Scope Markets provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Webull vs Scope Markets?

Webull requires a minimum deposit of $0, while Scope Markets requires $100. Webull 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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