FXOpen vs ScoreCM Comparison

Last updated May 30, 2025
FXOpen LogoFXOpen
4.3/5
Register58-60% 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 FXOpen and ScoreCM

BrokerFXOpenScoreCM
Rating
4.3/5
3.4/5
Foundation Year20042024
Regulated in CountriesUnited Kingdom, Cyprus, AustraliaDominica, Comoros
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
  • 10 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:5001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • MetaTrader 5
ReviewFXOpen Review ScoreCM Review

Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.

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.

FXOpen Review

FXOpen Logo
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TickTraderTradingView
compare FXOpen trading accounts

FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.

FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.

Pros and Cons of FXOpen

Pros

  1. Wide range of trading assets.
  2. Low spreads and commissions.
  3. Support for various trading platforms.

Cons

  1. Lack of educational materials.

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

BrokerFXOpenScoreCM
Reliability
5/5
3.2/5
Foundation Year20042024
Regulated in CountriesUnited Kingdom, Cyprus, AustraliaDominica, Comoros
Regulators
-

FXOpen

FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.

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

BrokerFXOpenScoreCM
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
  • 10 USD

FXOpen

FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.

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

BrokerFXOpenScoreCM
Account Types
5/5
3/5
Trading Accounts
  • STP
  • ECN
  • Micro
  • Crypto
  • Standard
  • Pro
  • Elite
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
  • 10 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:5001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • MetaTrader 5
Demo Account
Swap-free Account

FXOpen

FxOpen offers a wide selection of trading accounts and additional services.

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

BrokerFXOpenScoreCM
Commissions
3/5
2.5/5
Spreadfrom 0 pointsfrom 0.1 points
Average Spread (EURUSD)1.21.8
Commission per Lot$3.5$3.5

FXOpen

FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.

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

BrokerFXOpenScoreCM
Rating
4.2/5
4.5/5
Account Funding Methods
  • WebMoney
  • AdvCash
  • FasaPay
  • Visa
  • Mastercard
  • JCB
  • Discover
  • SticPay
  • Swift
  • SEPA

FXOpen

FxOpen offers a variety of deposit and withdrawal methods.

Pros

  1. A large selection of payment systems and cryptocurrencies.
  2. Fast processing of withdrawal requests.

Cons

  1. No bank transfer option.
  2. High commissions for credit cards from the provider.

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

BrokerFXOpenScoreCM
Markets and Products
4.6/5
3/5
Forex6642
Precious Metals310
Energy Carriers34
Indices126
Stocks553-
ETF56-
Cryptocurrency415

FXOpen

FxOpen offers a good selection of assets but without soft commodities.

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

BrokerFXOpenScoreCM
Rating
5/5
3.5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • MetaTrader 5

FXOpen

FXOpen offers a wide range of trading platforms, catering to different types of traders.

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

BrokerFXOpenScoreCM
Rating
4/5
3/5

FXOpen

FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.

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

BrokerFXOpenScoreCM
Rating
2/5
3/5

FXOpen

FXOpen invests little in trader education, offering only basic articles and a glossary of terms.

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

BrokerFXOpenScoreCM
Rating
4.5/5
5/5
Email Support
  • sales@fxopen.com
  • info@scorecm.com
Hotline Phones
  • +64-9-801-0123
  • +44 7380 284618
Social Media

FXOpen

FXOpen offers reliable support, and a variety of communication channels adds flexibility.

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 FXOpen 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.