FOREX.com vs ScoreCM Comparison

Last updated May 30, 2025
FOREX.com LogoFOREX.com
4.1/5
Register68-81% of retail investors lose money when trading CFDs with this broker
VS
ScoreCM LogoScoreCM
3.4/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Comparison Table of FOREX.com and ScoreCM

BrokerFOREX.comScoreCM
Rating
4.1/5
3.4/5
Foundation Year20002024
Regulated in CountriesCayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, AustraliaDominica, Comoros
Minimum Deposit
  • 100 USD
  • 10 USD
Spreadfrom 0.1 pointsfrom 0.1 points
Max Leverage1:501:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Cryptocurrency
Trading Platforms
  • FOREX.com
  • Ninja Trader
  • MetaTrader 4
  • TradingView
  • MetaTrader 5
ReviewFOREX.com Review ScoreCM Review

FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.

ScoreCM is suitable for beginners and active scalpers with a modest deposit looking to trade on MT5 with high leverage, but not seeking a wide range of markets.

FOREX.com Review

FOREX.com Logo
Register68-81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
FOREX.comNinja TraderMetaTrader 4TradingView
compare FOREX.com trading accounts

FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.

Pros and Cons of FOREX.com

Pros

  1. Broker with many years of history and a global reputation.
  2. A variety of deposit methods.
  3. A wide variety of available markets and products.
  4. Advanced analytical tools and daily updates from the company's professionals.
  5. Comprehensive educational materials for all levels of traders.

Cons

  1. Lack of specialized accounts.
  2. High transaction fee on DMA Account.

FOREX.com is in the top 10 of the following ratings:

ScoreCM Review

ScoreCM Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Cryptocurrency
Trading Platforms
MetaTrader 5
compare ScoreCM trading accounts

ScoreCM is ideal for those looking to quickly start on MT5 with a small deposit and high leverage — suitable for beginners testing strategies and active scalpers. However, its offshore regulation and limited range of instruments make the platform less attractive for investors with substantial capital and those seeking broad diversification. Overall, the broker presents itself as a reliable entry-level 'workhorse' that requires cautious risk management.

Pros and Cons of ScoreCM

Pros

  1. Low entry threshold — Standard account opens with $10.
  2. High leverage up to 1:1000 (Forex) on the basic plan.
  3. Multiple commission-free deposit/withdrawal methods.
  4. Fast account opening: short form, auto-generated password, same-day verification.
  5. 24/5 multi-channel support.

Cons

  1. Offshore regulation and no compensation scheme.
  2. Short operating history (since 2024) and limited public reputation.
  3. Limited market offering — approximately 60 CFDs; no CFDs on stocks and soft commodities.
  4. High spreads/swaps on the Standard account and an annual $25 inactivity fee.
  5. Only one platform available (MT5).

Reliability

BrokerFOREX.comScoreCM
Reliability
5/5
3.2/5
Foundation Year20002024
Regulated in CountriesCayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, AustraliaDominica, Comoros
Regulators

FOREX.com

The company is strictly regulated, has a long-standing market presence, and is open to investors.

Pros

  1. Broad global regulation.
  2. Long-term market presence.
  3. Parent company traded on NASDAQ.

ScoreCM

ScoreCM is regulated by offshore FSU authorities in Dominica and Mwali, publishes licensing information and claims segregation of client funds, but lacks compensation schemes and has a brief operational history.

Pros

  1. Two active licenses
  2. Segregation of client funds

Cons

  1. Low-tier offshore regulators
  2. No compensation fund
  3. Short operating history

Account Opening

BrokerFOREX.comScoreCM
Account Opening
4/5
4.5/5
Minimum Deposit
  • 100 USD
  • 10 USD

FOREX.com

The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.

Pros

  1. Transparent registration process.
  2. Strict verification for security.

Cons

  1. Verification may take time.
  2. A lot of information is required.

ScoreCM

The ScoreCM registration process is swift: a concise form, an email with a password, and a step-by-step KYC wizard. Account funding is possible within a few hours.

Pros

  1. 2–3 minutes to complete the form
  2. Intuitive KYC wizard
  3. Quick document approval

Cons

  1. Mandatory submission of 4 documents for KYC
  2. No social media registration

Account Types

BrokerFOREX.comScoreCM
Account Types
3.5/5
3/5
Trading Accounts
  • Standard
  • MT4
  • DMA
  • Standard
  • Pro
  • Elite
Minimum Deposit
  • 100 USD
  • 10 USD
Spreadfrom 0.1 pointsfrom 0.1 points
Max Leverage1:501:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Cryptocurrency
Trading Platforms
  • FOREX.com
  • Ninja Trader
  • MetaTrader 4
  • TradingView
  • MetaTrader 5
Demo Account
Swap-free Account

FOREX.com

FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.

Pros

  1. Direct Market Access account available.
  2. Demo account for strategy testing.
  3. The ability to trade on behalf of a company.

Cons

  1. No cent accounts.
  2. No Islamic accounts.
  3. No options for passive investing.

ScoreCM

Three account types cover basic needs, but there is a lack of variety: no cent, fixed-spread, ECN/STP, or Islamic accounts, and copy trading/PAMM services are absent.

Pros

  1. Deposit starting at $10
  2. Raw spreads on Pro/Elite accounts

Cons

  1. No cent or fixed-spread account
  2. No Islamic (swap-free) plan
  3. No copy trading/PAMM

Commissions

BrokerFOREX.comScoreCM
Commissions
2.2/5
2.5/5
Spreadfrom 0.1 pointsfrom 0.1 points
Average Spread (EURUSD)1.31.8
Commission per Lot$6.48$3.5

FOREX.com

FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.

Pros

  1. Potential reduction in commissions with increased trading volume.
  2. Rebate program for major American traders.
  3. No fees for deposits and withdrawals.

Cons

  1. High transaction commission on DMA accounts.
  2. Inactivity fee.
  3. High swaps.

ScoreCM

ScoreCM fees are moderate: $3.5 per lot on Pro/Elite accounts are competitive, but the Standard account, with a spread of 1.8 points and high swaps, is more expensive; the annual $25 inactivity fee slightly raises overall costs.

Pros

  1. No deposit/withdrawal fees

Cons

  1. High spreads and swaps on the Standard account
  2. $25/year account inactivity fee
  3. No discounts for high volume trading

Deposit and Withdrawal

BrokerFOREX.comScoreCM
Rating
4.3/5
4.5/5
Account Funding Methods
  • Neteller
  • Skrill
  • Bank Transfer
  • Credit and Debit Cards
  • SticPay
  • Swift
  • SEPA

FOREX.com

FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.

ScoreCM

The absence of internal fees combined with a broad range of methods makes deposits and withdrawals convenient.

Pros

  1. No broker fees
  2. Minimum deposit of $10
  3. Instant deposit via e-wallet or cryptocurrency

Cons

  1. No option to deposit or withdraw via card

Markets and Products

BrokerFOREX.comScoreCM
Markets and Products
4.5/5
3/5
Forex9142
Precious Metals1610
Energy Carriers144
Soft Commodities22-
Indices546
Stocks5500-
ETF318-
Bonds14-
Cryptocurrency125

FOREX.com

Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.

ScoreCM

ScoreCM offers roughly 60 CFDs, covering currencies, metals, oil/gas, indices, and a few cryptocurrencies. The absence of stocks and soft commodities renders the range noticeably poorer than that of most competitors.

Pros

  1. High leverage up to 1:1000
  2. CFDs available on cryptocurrencies

Cons

  1. Only about 60 instruments available
  2. No CFDs on stocks
  3. No soft commodities

Trading Platforms

BrokerFOREX.comScoreCM
Rating
5/5
3.5/5
Trading Platforms
  • FOREX.com
  • Ninja Trader
  • MetaTrader 4
  • TradingView
  • MetaTrader 5

FOREX.com

FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.

ScoreCM

The MT5 desktop, web, and mobile platforms cover most needs, but the absence of alternatives (MT4/cTrader/TradingView) and social features restrict flexibility.

Pros

  1. Comprehensive MT5 offering: desktop, web, and mobile applications
  2. Support for algo trading and the MQL5 marketplace

Cons

  1. No MT4, cTrader, or TradingView
  2. No copy trading or social signals

Analytics

BrokerFOREX.comScoreCM
Rating
5/5
3/5

FOREX.com

Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.

ScoreCM

ScoreCM provides an economic calendar, a suite of calculators, a converter, and Autochartist — offering sufficient basic tools, though lacking proprietary reviews, webinars, and smart signals, resulting in only average analytics.

Pros

  1. Economic calendar
  2. Trading calculators
  3. Autochartist plugin

Cons

  1. Lacks daily market reviews and trade ideas
  2. No webinars/video analytics

Education

BrokerFOREX.comScoreCM
Rating
5/5
3/5

FOREX.com

FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.

ScoreCM

The text-based courses and extensive glossary provide a solid theoretical foundation, however without video content, webinars, and interactive elements, the ScoreCM educational package remains average for the market.

Pros

  1. Approximately 90 lessons across all levels
  2. Clear structure
  3. Extensive industry glossary

Cons

  1. No video lessons or webinars
  2. No interactive quizzes
  3. No live expert support

Customer Support

BrokerFOREX.comScoreCM
Rating
5/5
5/5
Email Support
  • global.support@forex.com
  • info@scorecm.com
Hotline Phones
  • +44 207 429 7900
  • 0800 032 1948
  • +44 7380 284618
Social Media

FOREX.com

FOREX.com provides excellent technical support with fast and professional service, available 24/7.

ScoreCM

Multi-channel 24/5 support, approximately 30-minute response times, and withdrawal requests resolved within 2–4 hours — a high level of service from ScoreCM.

Pros

  1. Live chat, email, phone, WhatsApp, Telegram
  2. Average response time ≤ 30 minutes
  3. Quick issue resolution

Cons

  1. Peak times may see delays in chat responses

Comparisons of FOREX.com and ScoreCM with other brokers

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.