Recalculated 2026-11-02 · SCFM Limited
Scope Markets — Kenya
Scope Markets is rated 3.33 out of 5 by our formula (Rank #12 of 36) for traders in Kenya: round turn 9 USD, residents accepted — Yes.
Suits you if it takes residents of Kenya · a swap-free account is available · it holds a local licence
Look elsewhere if the round turn is 9 USD against a 7 USD median here · the minimum is 100 USD against 25 USD in this market
Key facts (8)
- Who actually onboards you
- SCFM Limited
- Licence number
- 123
- Established
- —
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- M-Pesa (instant deposit/withdraw), bank transfer
- Max leverage
- 400geo
- EURUSD
- 1.1 pipsgeo
Accounts (3)
Scope Markets publishes no cost per lot for any account offered in Kenya.
This broker against the Kenya middle (37 of 56)
| Scope Markets | Kenya median | |
|---|---|---|
| Round turn, USD | 9.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 25.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1-2 working daysgeo | 48.0 h |
| EURUSD, standard | 1.1 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.2 pipsgeo | 0.0 pips |
| Established | — | 2009.0 |
| Platforms | 2 | 3.0 |
Licensed in Kenya
Locally regulated by CMA Kenya; funds in segregated accounts at local banks. No CMA warning/alert found.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Scope Markets.
- Who actually onboards you
- SCFM Limited
- Licence number
- 123
- Local licence
- yes
- Checked
- 2026-07-09
Score (5/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:27.8% × 2.00+ 22.2% × 4.00+ 22.2% × 5.00+ 16.7% × 3.00+ 11.1% × 2.50= 3.33
Ranked against brokers measured on every axis
Licence check
- Licence number
- 123
- Checked
- 2026-07-09
Who actually onboards you
SCFM Limited
Locally licensed entity
SCFM Limited (Scope Markets Kenya), Westlands, Nairobi.
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Silver/Gold (One/Plus tiers), demo, Islamic swap-free.
How long a withdrawal takes
Platforms and markets (2)
MT4 · MT5
40+ FX pairs, indices, commodities, share CFDs, crypto CFDs.
The public rating
59 reviews
Upsides and the things that are missing
Pros (2)
- Licensed locally: 123
- Swap-free account available
Cons (1)
- Round turn 9.0 USD against a Kenya median of 7.0
Where else a Kenya resident can go (6)
Where it does not serve
Australia, United Kingdom, United States of America, Canada
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1licensees.cma.or.kelicensees.cma.or.ke · domainRegister
- The broker's own documents
- 2scopemarkets.co.kescopemarkets.co.ke · domainBroker
- Aggregators and directories
- 3forexbrokers.com/guides/kenyaforexbrokers.com · pageAggregator
FAQ (5)
Does Scope Markets accept residents of Kenya?
Yes.
Which entity onboards a Kenya client of Scope Markets?
SCFM Limited
What licence does Scope Markets hold for Kenya?
Licence 123.
What does one EURUSD lot cost at Scope Markets?
9.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Scope Markets take?
Scope Markets publishes 1-2 working days. Their own wording: “withdrawals with this method can take 1-2 working days”.