SCOPE Minimum Deposit
What Is Minimum Deposit of SCOPE?
The minimum deposit required to activate a live trading account with SCOPE is $10. This low entry barrier makes it accessible for new traders looking to start their trading journey without committing significant capital upfront. Compared to other brokers, this amount is relatively low, which can attract a wider audience, particularly beginners who may be cautious about investing large sums initially.
Does SCOPE Provide Deposit Bonus?
SCOPE does not currently offer any deposit bonuses, such as matching rewards for new users. This means that traders will not receive extra funds based on their initial deposit. It is important for potential clients to consider that while deposit bonuses can provide added value, they often come with conditions like minimum trading volumes or withdrawal restrictions, which can complicate fund access.
Scope Payment Options
Scope Deposit and Withdrawal
| Deposit and Withdrawal Method | Currency | Deposit and Withdrawal Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | USD, EUR | Free | 1-3 business days |
| Credit Card | USD, EUR | 1%-3% proportional fee | Instant |
| e-Wallet (Neteller, Skrill) | USD, EUR | Free | Instant |
Does Scope Charge Deposit Fees?
Scope does charge deposit fees for certain payment methods, specifically credit card transactions which incur a 1%-3% proportional fee. However, all other deposit methods, including bank transfers and e-wallets, are free of charge. Overall, the fee policy is somewhat transparent but could be considered high for credit card users.
Does Scope Support Cryptos to Deposit?
Scope does not support cryptocurrency deposits; only fiat currency deposits are accepted. This means users looking to deposit using cryptocurrencies like Bitcoin or Ethereum will need to use traditional payment methods. Consequently, crypto deposits are not available, and fiat currencies dominate the payment landscape.
Is It Easy to Deposit Money to Your SCOPE Account?
SCOPE offers a range of trading account types, including the Standard Account, ECN Account, and Micro Account, catering to various trading goals and experience levels. Users typically select their account type based on factors such as their trading experience, capital availability, and specific trading strategies, with different minimum deposit requirements influencing their choices.
The deposit steps are straightforward and user-friendly for most clients. Most mainstream payment methods do not necessitate additional documentation, although large deposits for some account types may require further verification.
Which SCOPE Trading Account Is Right for You?
| Account Type | Minimum Deposit Requirement | Suitable User Type |
|---|---|---|
| Standard Account | $10 | Beginner |
| Micro Account | $10 | Beginner/Small Traders |
| ECN Account | $20,000 | Active Trader |
| VIP Account | $20,000 | Professional Investor |
Funding Your Account Step by Step
- Log in to your SCOPE trading account using your credentials.
- Navigate to the ‘Deposit’ section in your account dashboard.
- Select your preferred payment method from the available options (e.g., VISA, MasterCard, Neteller).
- Enter the amount you wish to deposit, ensuring it meets the minimum deposit requirement for your chosen account type.
- Review the transaction details and confirm the deposit.
- Wait for the deposit to be processed, which is typically instant, and check your account balance to confirm the funds have been added.
How to Withdraw from Scope Markets
- Log in to Your Account: Access your Scope Markets account using your registered email and password.
- Navigate to the Withdrawal Section: Once logged in, find the ‘Withdrawal’ option in the account dashboard or menu.
- Select Your Withdrawal Method: Choose from available withdrawal methods such as Skrill, MasterCard, or Neteller. Ensure you select a method that matches your deposit method to avoid processing issues.
- Enter the Withdrawal Amount: Specify the amount you wish to withdraw, keeping in mind any minimum withdrawal limits.
- Confirm Your Request: Review your withdrawal details and submit the request. You may receive a confirmation email once your request is processed.
FAQs
Q1: What is the minimum deposit for SCOPE?
A1: The minimum deposit required to open an account with SCOPE is $10, making it accessible for new traders.
Q2: How can I deposit money into my SCOPE account?
A2: You can deposit funds into your SCOPE account using various methods, including VISA, Mastercard, Neteller, and Skrill.
Q3: What withdrawal methods does SCOPE offer, and how fast are transactions?
A3: SCOPE supports withdrawals via Skrill, Mastercard, and VISA, and typically processes withdrawal requests within 1 to 2 business days.
Q4: Is my money safe with SCOPE?
A4: While SCOPE offers various payment methods and low fees, it is important to note that it lacks valid forex regulation, which raises concerns about fund safety and security.