Scope Markets verification is a 3-step online KYC process that includes submitting identity and address documents and grants full access to all trading and financial features upon approval.
After verifying your account, you can securely trade 40,000 instruments in various markets, including Forex, commodities, indices, crypto, ETFs, and shares
Scope Markets Authentication Steps
This KYC process is completed after the Scope Markets registration and allows users to unlock financial and trading features on the Scope Markets broker.
Scope Markets verification overview:
- Enter the user authentication section;
- Provide an identity document;
- Submit a valid proof of address.
Scope Markets' KYC requirements are listed in the table below.
Verification Requirement | Yes/No |
Full Name | No |
Country of Residence | No |
Date of Birth Entry | No |
Phone Number Entry | No |
Residential Address Details | No |
Phone Number Verification | No |
Document Issuing Country | Yes |
ID Card (for POI) | Yes |
Driver’s License (for POI) | Yes |
Passport (for POI) | Yes |
Residence Permit (for POI or POA) | Yes |
Utility Bill (for POA) | Yes |
Bank Statement (for POA) | Yes |
2-Factor Authentication | No |
Biometric Face Scan | No |
Financial Status Questionnaire | No |
Trading Knowledge Questionnaire | No |
Restricted Countries | Yes |
#1 Starting the KYC Verification Process
After completing the personal, financial, and experience sections, navigate to the "Verification" step. Select "Continue on this device" or "Continue on phone" to begin the process.
#2 Uploading Your Identity Document
Choose the issuing country and select the type of document from the following options:
- ID card
- Driving license
- Passport
Then click on "Continue".
Upload a clear photo of both the front and back sides of the document, then press "Continue" to proceed.
#3 Providing Proof of Address
Choose and upload one of the following address documents:
- Bank documents (last 6 months)
- Utility bills (last 6 months)
- Government-issued documents (last 6 months)
- Other valid papers (within the last 12 months)
Once uploaded, click "Continue" to submit your file.
Scope Markets KYC vs Other Forex Brokers
Below, you can find a comparison of the documents needed to verify an account with Scope Markets and other Forex brokers.
Verification Requirement | Scope Markets Broker | |||
Full Name | No | No | No | No |
Country of Residence | No | No | No | No |
Date of Birth Entry | No | No | No | No |
Phone Number Entry | No | No | No | No |
Residential Address Details | No | No | No | Yes |
Phone Number Verification | No | No | No | No |
Document Issuing Country | Yes | Yes | No | No |
ID Card (for POI) | Yes | Yes | Yes | Yes |
Driver’s License (for POI) | Yes | Yes | Yes | Yes |
Passport (for POI) | Yes | Yes | Yes | Yes |
Residence Permit (for POI or POA) | Yes | Yes | Yes | No |
Utility Bill (for POA) | Yes | Yes | Yes | Yes |
Bank Statement (for POA) | Yes | Yes | Yes | Yes |
2-Factor Authentication | No | No | No | No |
Biometric Face Scan | No | No | No | Yes |
Financial Status Questionnaire | No | No | No | Yes |
Trading Knowledge Questionnaire | No | No | No | Yes |
Restricted Countries | Yes | Yes | Yes | Yes |
TF Expert Suggestion
Scope Markets verification typically takes less than 10 minutes to complete.
Required documents include a valid government-issued ID (front and back) such as an ID card, passport, or driver’s license and a proof of address, such as a utility bill or bank statement dated within the last 6 months.
After verifying your account, explore Scope Markets deposit and withdrawal options using the articles on the Scope Markets tutorial page to fund it and begin trading.
