Is Scope Markets regulated by IFSC? And how safe is this broker for beginner trader?

https://www.scopemarkets.com

Scope Markets is regulated by offshore regulator-the International Financial Services Commission (IFSC) in Belize and reputable regulator- the Cyprus Securities and Exchange Commission (CySEC). For more details about this broker, you can check our full Scope Markets review.

Considering that you are a beginner trader in forex industry, we would like to remind you that, as an offshore zone with a zero tax structure, Belize is a well-known forex hub where a great many brokers come to seek an opportunity to be a legit firm, yet to skip complicated and costly established procedures. That means the brokers overseen by IFSC is not under as strong regulation as FCA, CySEC and NFA regulated brokers. Therefore, if you are interested in this broker, it is better to make sure your account registered in Scope Markets is regulated by CySEC rather than IFSC.