Scopemarkets or SMFX!Black platform escapes China and will come back again?

SCOPEMARKETS Introduction

Our protagonist today is the SCOPEMARKETS established in 2017.This is an international financial service provider, but if we want to know it, we have to start with another brokerage brand SMFX!

Scopemarkets uses the SMFX brokerage brand when entering the country.Until the end of 2020, it was officially announced that "renamed" is the name we are now known -ScopeMarkets.

And there were rumors at that time, accompanied by this renamed name, saying that this time it was changed to cope with the reputation of too many "stinky"!

However, the fact is that SMFX is a business brand registration in Southeast Asia.In order to make the company closer to the Asian business of its global strategic vision SMFX, all of the Asian business will be transferred to the name of the parent company brand ScopeMarkets.

Of course, there are few rumors in the world!At that time, the reputation was really not good when operating in China, and various guest complaints continued!Even the title of "scammer" was crowned, and it was successfully operated by no gold restriction accounts.

Can SMFX officially merge with its mother brand ScopeMarkets?The answer is obviously no!At that time, some media specifically wrote articles to accuse ScopeMarkets.It is said that this article can still be found. "

However, there are more savvy operations!In October of the following year, the ScopeMarkets, which was renamed less than a year, suddenly announced that he would withdraw from the Chinese market!

The most important thing is that Scopemarkets is not glorious!Shortly before leaving, the customer was still asking customers to enter the gold. During the final settlement, the intentional or unintentional buckle customers issued funds. When they left, many investors' funds were also relying on, and most of them depended on the complaints and compensation!It can be said that this is a long -planned escape from Scopemarkets.

Scopemarkets

But since the brokerage scopemarkets have exited the Chinese market, why do you have to write this article?That's right, it has to come back, or it has already come again.

In 2022, one year after leaving the Chinese market, ScopeMarkets was acquired by Rostrogroup!At the same time, the goal of actively expanding globally!It is necessary to further expand the opportunities of the Middle East and North Africa and the wider Asia.

The picture above is the directory of the restricted area released by ScopeMarkets in August 2023!Obviously, there are no special administrative divisions of the country and China!This also means that Scopemarkets returns to the domestic market silently!

Trading platform and regulatory license

Let's take a look at the scopemarkets now?Intersection

First of all, the platform used for transactions is our most familiar MT4 and MT5, and they are registered using ScopeMarketsLtd, which are supervised by Beliz FSC!Among them, MT4 only uses the company for transactions!

But understand brother to remind and warn!Belize is very special!It has not yet established diplomatic relations with my country, and has ambiguous attitude towards "Taiwan's Taiwan and Hong Kong Issues".IntersectionThis is a problem that directly involves the national level. Knowing that I do n’t dare to say it, I can only advise all investors to avoid Britz as much as possible.

In addition to using the company, MT5 also uses:

ScopeMarketsgloballimited

Scopemarketsa (PTY) LTD, which is subject to FSCA supervision of South Africa

It should be noted that the license it obtained by the Seychelle FSA is the SecuritiesDealer license!It means that the company's ScopeMarketsgloballimited is only a securities -related transaction business, including transactions of foreign exchange, difference contract (CFDS) and other financial instruments.

The SCOPEMARKETSSA (PTY) LTD, the company holding the South African FSCA license, only the CategoryifSPS license and derivative tools related to the stock!Transaction permissions.

It can be seen that the three supervisors of scopemarkets are offshore supervision!The offshore financial center generally has low regulatory standards; and is usually known for confidentiality and privacy, and the flow of funds is often opaque; leading to insufficient regulatory coordination and increasing the complexity of cross -border compliance and law enforcement.

The thousand -time leverage far exceeds common sense

In addition, the leverage of scopemarkets as high as 1000: 1 has attracted the attention of my brother!You must know that for investors, high leverage means that investors can be understood by borrowing funds for transactions!Although the investment income and investment risks are magnified at the same time, it is easy to cause investors to bear the loss of their investment principal, and may even lose its balance and generate liabilities.This is essentially a gambler's behavior!

For the market, high leverage transactions may increase the instability and risks of the financial market.When a large number of investors conduct transactions under high leverage conditions, market fluctuations may be further enlarged, which may lead to extreme price fluctuations and systemic risks.Therefore, the world -class supervision, such as Australia ASIC, and the British FCA, are committed to maintaining the stability and healthy operation of the financial market by restricting high leverage.Therefore, I know that such a high leverage such as ScopeMarkets is obviously lacking scientific considerations!

Awards

Brokers always like to hang their awards in a conspicuous place, and obviously the same is true of scopemarkets!It claims that he won three awards from "WorldForexaward" in 2020.Knowing brother is curious about what kind of awards this "World Foreign Exchange Award" is.

Then I was shocked to understand Brother!This award was established in 2018 and the first award was presented in 2019, which means that ScopeMarkets is awarded at the second award.At the same time as a world -class award!There are no regulatory agencies endorsing this award!And it also wrote the provision of public relations on the face!Intersection

Considering that scopemarkets is difficult to say when leaving the Chinese market!Knowing Brother thinks unilaterally that this award is not as actual value!And comprehensive its current performance believes that Scopemarkets still does not have the ability to re -gain investor trust!Of course, this is the personal point of understanding the elder brother, but it is provided for reference to Hui friends.

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