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ScoreCM group includes 2 related companies.
ScoreCM DOMN - located in Dominica, regulated by the Financial Services Unit (FSU).
ScoreCM MW - located in Mwali, regulated by the Mwali International Services Authority (MISA).
ScoreCM MW group accepts clients from all over the world, excluding some other countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 40+ Currency Pairs | Based on major and minor world currencies. |
| 6 Indice CFDs | Based on baskets of different blue-chip stocks and US Dollar Index. |
| 7 Metal CFDs | Based on Gold, Silver, Platinum, Palladium. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
ScoreCM (short for Score Capital Markets) is a forex broker registered offshore in Dominica and Mwali. The broker offers trading leverage as high as 1:1,000, competitive spreads on most instruments, and trading on the well-known MetaTrader 5 (MT5) platform.
A notable thing about ScoreCM is its focus on trader education. With a range of trading courses freely available on its website, ScoreCM shows that it takes the success of its clients seriously. The courses are categorized by level, as Beginner, Intermediate, Advanced, and Master, and cover topics such as Technical Analysis Essentials, Fundamental Analysis, Trading System Development, and Intermarket Analysis, to mention just a few of them.
In terms of available trading instruments, ScoreCM is, unfortunately, far from the best broker out there. At the time of this review, the offering consisted of only around 40 forex pairs, 6 major stock indices, as well as precious metals, oil and natural gas. Among the assets that are missing are both stocks and crypto, which is a bit strange given how common it is to trade these types of assets nowadays.
When signing up with ScoreCM, new clients are faced with a choice of three account types:
– Standard Account, with a $10 minimum deposit, spreads from 1 pip, and no commissions
– Pro Account, with a $100 minimum deposit, spreads from 0.2 pips, and $3.5 commission
– Elite Account, with a $1,000 minimum deposit, spreads from 0.1 pips, and $3.5 commission
All trading accounts can be funded with e-wallets like Sticpay, Fasapay and PerfectMoney, as well as with the cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) over the Tron or Ethereum networks. The broker does not charge any fees for processing deposits and withdrawals, but network fees on the blockchain will need to be paid by the client.
Like most forex brokers we have reviewed, ScoreCM's customer service team can conveniently be reached via live chat on the website. In addition to that, it's also possible to give the team a call or to send an email. The broker states on its website that the support team is available 24 hours a day on all trading days.
In conclusion, we believe it's important to note that ScoreCM is a relatively new broker that was set up in 2024, which obviously comes with certain risks. For example, there are few customer reviews available online, and we know little about what kind of staying power this broker has. One possible risk would be if the broker goes out of business in the next few years. In such a case, regulations in major regions like the EU or Australia will often protect clients because they require client funds to be held in segregated accounts, but this is not necessarily the case with offshore forex brokers.
As a result of this, we only recommend traders deposit money with an offshore forex broker after thorough due diligence has been done.
Depositing funds into my ScoreCM account using crypto has been instant every time, which is incredibly convenient. It's nice not to have to wait for my funds to be available, and it makes managing my trading account much easier.
