scapbroker

Based on WikiFX data, Scap Broker LTD receives a composite score of 4.54 out of 5, reflecting a generally positive assessment. The broker holds multiple regulatory licenses, including a Derivatives Trading License from the FSCA in South Africa, a Currency Exchange License from FinCEN in the United States, and a similar license from FINTRAC in Canada. This multi-jurisdictional regulatory framework, combined with the broker's transparent account offerings, indicates a credible operational structure. However, traders should always conduct their own due diligence.

Yes, Scap Broker LTD is regulated in multiple jurisdictions. It holds a Derivatives Trading License (EP) from the Financial Sector Conduct Authority (FSCA) in South Africa (license number 53197). Additionally, it has Currency Exchange Licenses (MSB) from the U.S. Financial Crimes Enforcement Network (FinCEN) (registration number 31000300983015) and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) (registration number C10001412). These licenses indicate a regulated operational framework.

Scap Broker LTD offers two account types with different minimum deposits. The Standard account requires a minimum deposit of $10, while the ECN account requires a minimum deposit of $250. This allows traders to choose based on their budget and trading style.

The broker's account details do not explicitly list MetaTrader 4 or MetaTrader 5 as supported platforms. However, both the Standard and ECN accounts support Expert Advisors (EAs), scalping, and hedging, which are features commonly available on these platforms. Traders are advised to confirm the available trading platforms directly with the broker.