Scope Markets has expanded its offerings with new products, including Contract for Difference (CFD) futures. The retail brokerage firm has introduced US-listed products for the markets outside the US, including the Dollar Index and the VIX. According to a statement by the company on LinkedIn, this step is driven by growing demand and aims to offer traders flexibility.

Targeting US-Listed Assets

Scope Markets mentioned on LinkedIn: "Due to popular demand, we have added 276 new products, including CFD futures. With the US presidential election coming up, check out our new CFDs on future indices like VIX and the Dollar Index for longer-term exposure to the US market and economy. We are always expanding to give you more choice and flexibility as you trade. Stay tuned for more updates, coming soon."

Last month, Scope Markets launched a new account type customized for non-leveraged CFD trading. The retail brokerage brand owned by Rostro Group mentioned that this account type, dubbed Scope Invest, enables brokerage customers to access up to more than 2,000 global CFD equities .

During the unveiling of the new service, Scope Markets explained that the non-leveraged CFD accounts will be denominated in GBP, USD, or EUR and will offer fractional shares. Additionally, this offering will offer commission-free trading services. CFDs are over-the-counter derivatives that enable a trader to take both long and short positions on the underlying asset. These offerings can be leveraged, meaning traders can take positions of much higher value with their capital.

Geographical Expansion

Scope Markets has multiple regulatory licenses issued by the regulators in jurisdictions including Cyprus, Belize, and Kenya.

In February, Scope Markets moved its trading and execution server to the Equinix LD4 data center in London. The company announced that this step enables it to offer a low-latency solution with faster execution speed. This decision was reportedly driven by user feedback.