ScoreCM review 2026: MT5 forex and CFD trading with $10 entry and leverage up to 1:1000
ScoreCM is a Roseau, Dominica-based ECN forex and CFD broker founded in 2023. It holds offshore MISA license T2023420 (Mwali, Comoros), listed as active until December 4, 2026, and claims Dominica FSU licensing under 2023/C0010-0013, whose reviewed document ended June 3, 2026 with no confirmed renewal; MetaTrader 5 supports Standard, Pro, Elite, and Swap-Free accounts. Serves retail clients across 50+ forex pairs, shares, indices, commodities, metals, and cryptocurrencies.
What is ScoreCM?
ScoreCM is an ECN (Electronic Communication Network) forex and CFD broker established in 2023. Its registered headquarters are in Roseau, Dominica, while the broker also discloses a physical address in Portugal. Score Capital Markets Ltd is the company name used in the reviewed broker data. The business targets retail trading through MetaTrader 5 rather than a proprietary trading platform.
Is ScoreCM regulated? Verification check
ScoreCM discloses two offshore regulatory arrangements, but only one is confirmed as currently active. The broker identifies MISA (Mwali International Services Authority) license T2023420 and a Dominica arrangement numbered 2023/C0010-0013. The MISA register lists ScoreCM Ltd under license T2023420 with status Active, valid until December 4, 2026 (source: Mwali International Services Authority register, checked September 29, 2026). MISA is an offshore authority in Comoros. The Dominica document reviewed for 2023/C0010-0013 covered June 3, 2025 through June 3, 2026, with no later renewal independently confirmed (source: ScoreCM license document, scan date 2026-09-21).
The Dominica arrangement describes ScoreCM as a Margin and Spot FX Derivatives and CFD Dealer operating under Financial Master Management Ltd. A CFD (Contract for Difference) is a leveraged derivative that tracks an underlying market without transferring ownership. Neither disclosed arrangement qualifies as Tier-1 or Tier-2 oversight under the methodology used for this review. No named investor compensation scheme comparable with the UK FSCS or Cyprus ICF was verified in FXSharp's research.
What trading platforms are available?
The trading platform recorded for the broker is MT5 (MetaTrader 5). MT5 supports charting, order management, automated strategies through Expert Advisors, and desktop or mobile access. FXSharp's research did not verify an MT4 or cTrader offering. MetaQuotes server verification was also not confirmed, so the MT server record remains marked as unverified rather than being presented as independently authenticated.
Red flags and warning signs
The central risk finding is the offshore level of the disclosed permissions and the unconfirmed Dominica renewal. The MISA register lists license T2023420 as active until December 4, 2026 (checked September 29, 2026), while the Dominica document's period had already ended by the review date. ScoreCM also offers leverage as high as 1:1000, which sits outside retail limits used in major Tier-1 jurisdictions. No verified investor compensation scheme was found, so the regulatory structure does not establish the same statutory protection available under FCA, ASIC, or CySEC retail frameworks.
- MISA license T2023420 is offshore, listed as active until December 4, 2026.
- The Dominica sublicense document ended on June 3, 2026.
- No current Tier-1 or Tier-2 authorization was verified.
- No named statutory investor compensation scheme was verified.
- Maximum leverage reaches 1:1000 on several account tiers.
What is the minimum deposit?
The minimum deposit is $10. A minimum deposit is the smallest amount required to fund an eligible live account, although individual account tiers can use different entry thresholds. The broker lists Standard, Pro, Elite, and Swap-Free account types. A low funding threshold changes accessibility, but it does not change the regulatory status or the protections attached to deposited funds.
Is the broker on any regulator warning lists?
The current research did not verify a specific Tier-1 or Tier-2 public warning entry against ScoreCM. That finding is separate from authorization status because absence from a warning list does not establish regulatory approval. The material issue is licensing rather than a warning entry. The MISA register lists license T2023420 as active until December 4, 2026 (checked September 29, 2026), but MISA is an offshore authority in Comoros, and the Dominica document's period ended on June 3, 2026 with no later renewal confirmed. The review therefore classifies the broker as offshore-regulated under the supplied methodology rather than warning-listed.
What do user complaints say?
User complaint patterns require sufficiently verifiable aggregate data before they can support a factual conclusion. FXSharp's ScoreCM research did not retain a verified user-aggregate rating, review count, or documented complaint pattern. This review therefore does not claim systematic withdrawal delays, account freezes, or other misconduct without evidence. Individual online comments should be separated from regulator findings, contractual documents, and independently reproducible account conditions.
How to verify the broker for yourself
License verification means matching the exact legal entity, license number, website, and current status against the issuing authority's record. ScoreCM discloses T2023420 for ScoreCM Ltd in Mwali and 2023/C0010-0013 for the Dominica arrangement. A current record should show a validity period covering today's date rather than an expired document. The entity name and website should also match the company handling the trading account and client funds.
- Search MISA records for ScoreCM Ltd and license T2023420.
- Check whether the displayed validity period includes the current date.
- Verify the Dominica entity and number 2023/C0010-0013 independently.
- Match the legal entity on the trading agreement with the regulator record.
- Confirm any investor compensation or complaint scheme directly with its administrator.
How does customer support work?
Customer support is available through the broker's published email and telephone details. The listed contact details are info@scorecm.com and +44 20 3807 5948. The official site also operates a support center for account and trading questions. Support availability should not be treated as evidence of regulatory authorization because customer service channels and financial licensing are separate verification issues.
Where is the broker actually based?
The registered headquarters are in Roseau, Dominica. ScoreCM's published corporate information also identifies a physical address in Funchal, Portugal, while its Mwali license claim relates to the Comoros jurisdiction. These locations perform different functions, so a physical or correspondence address does not establish local financial authorization. The legal entity named in the customer agreement is the relevant entity for regulatory and dispute-resolution checks.
Account types and bonus terms
The account range consists of Standard, Pro, Elite, and Swap-Free accounts. A spread is the difference between the bid and ask price, measured in pips, which are standard forex price increments. The Elite account records spreads from 0.1 pip, while Standard, Pro, and Elite accounts can reach 1:1000 leverage. Leverage multiplies market exposure relative to deposited margin, so both profits and losses move against a larger position value.
The broker also records negative balance protection for retail accounts and publishes stop-out levels by account type. Negative balance protection limits an eligible retail trading account from remaining below zero after positions are closed. A stop-out is the margin threshold where the platform begins closing positions automatically. These account controls address trading losses, but they do not substitute for a verified compensation scheme or Tier-1 regulatory supervision.
| Feature | ScoreCM Information |
|---|---|
| Founded | 2023 |
| Headquarters | Roseau, Dominica |
| Disclosed regulators | MISA T2023420; Dominica FSU arrangement 2023/C0010-0013 |
| Registration verified | MISA T2023420 active until December 4, 2026 (checked September 29, 2026); Dominica renewal after June 3, 2026 not confirmed |
| Trading platforms | MT5 |
| Minimum deposit | $10 |
| Maximum leverage | 1:1000 |
| Account types | Standard, Pro, Elite, Swap-Free |
| Islamic account | Available as Swap-Free |
| Customer support | Email, telephone, support center |
| Deposit methods | SWIFT, SEPA, Sticpay, Payment Asia, Bitcoin, Ethereum, Tether |
Is ScoreCM safe? Honest assessment
ScoreCM has identifiable trading conditions, an MT5 platform offering, four account types, and a published corporate contact structure. The main issue is regulatory protection rather than the absence of operational information. The MISA register lists license T2023420 as active until December 4, 2026 (checked September 29, 2026), but MISA is an offshore authority in Comoros. The Dominica document had an end date before the September 21, 2026 review date, and no later renewal was independently verified. FXSharp found no Tier-1 or Tier-2 authorization or named investor compensation scheme.
The broker's $10 minimum deposit and 0.1 pip Elite spread describe pricing access, while 1:1000 leverage describes substantially higher exposure. Negative balance protection and published stop-out levels provide account-level risk controls. They do not change the offshore level of supervision or what statutory redress applies if a dispute develops.
Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.
