Scope Market, a non-dealing online foreign exchange broker, on Tuesday launched it’s Mt5 trading platform.
The dealer who is licensed and regulates by the Capital Markets Authority said it aims to provide a safer, smarter and faster way to trade global and local shares, forex, indices and commodities.
Scope Markets chief executive Kevin Nganga who will lead the Kenyan subsidiary said his vision is to build a business that is customer centric.
“To do this, Scope Markets Kenya has invested in staff training, technology, working with globally recognised price providers and local payment options such as Mpesa.”
“We want to lead the way in the online forex trading space as an income generating scheme and a means of job creation for the youth in the digital economy,” added Kevin Ng’ang’a.
Jacob Plattner, the CEO of Scope Markets said, “At Scope, our strategy has been to take our institutional heritage to the retail market. In order to do that we had to identify some key markets to penetrate in a meaningful way.”
“We believe that Scope Markets will be the number one online broker in Kenya and soon thereafter Africa. This will help us achieve our ultimate goal of becoming one of the best retail and institutional broker worldwide,” he added.
Scope Markets Kenya is a wholly owned subsidiary of SM Capital Limited which is part of the global entity Scope Markets Limited.
Scope Markets currently operates in Kenya, Africa, Europe, Asia and South America.