ScoreCM Review 2026

Broker Alert

Failed CLEAR™ Scores flag those that breach ethical practices and fail to meet our strict CLEAR™ methodology standards. They have been identified due to issues such as unclear withdrawal policies, manipulative trading practices, and lack of regulatory oversight.Failed CLEAR™ Scores flag those that breach ethical practices and fail to meet our strict CLEAR™ methodology standards. They have been identified due to issues such as unclear withdrawal policies, manipulative trading practices, and lack of regulatory oversight.

Failed CLEAR™ Score: 0.2/5

• Offshore licences only: MISA, now Dominica FSU
• No Tier-1 regulator (FCA, ASIC, CySEC, BaFin)
• WikiFX: described as effectively unregulated
• Dominica FSU licence 2023/C0010-0013, no Tier-1
• 2,339 referring domains vs only 733 monthly organic
• Traffic to SA, Malaysia, Spain — no local

Customer Support0.3

Regulation0.2

Trade Execution0.3

Reputation0.2

Withdraw Speed0.2

CLEAR™ Score0.23

Customer Support0.3

Regulation0.2

Trade Execution0.3

Reputation0.2

Withdraw Speed0.2

CLEAR™ Score0.2

One Offshore Registry Entry, Zero Tier-1 Authorisations

ScoreCM’s disclosed regulatory record has consisted of offshore entries only: first MISA licence T2023420, and as of October 2026 a Dominica Financial Services Unit dealer licence, number 2023/C0010-0013. Everything else in this section is an absence. No Tier-1 regulator recognises either licence, and no Tier-1 register lists the brand.

MISA Licence T2023420: A Registry Entry, Not Tier-1 Oversight

The Mwali International Services Authority is an offshore registry associated with the island of Moheli (Mwali) in the Union of the Comoros. ScoreCM Ltd’s disclosed licence, number T2023420, was issued for trading in financial and commodity-based derivative instruments and other securities. That wording appears on the registry entry, not in any Tier-1 rulebook. A MISA entry carries no statutory client-money segregation requirement, no compensation scheme, and no conduct supervision comparable to a Tier-1 licence. The Comoros has no Tier-1 retail forex regime. As of October 2026 the broker’s website no longer refers to this MISA licence at all.

No Tier-1 Regulator Recognises MISA Authorisation

The Financial Conduct Authority register in the United Kingdom shows no authorisation for ScoreCM Ltd or Score Capital Markets. The Australian Securities and Investments Commission professional registers likewise list no licence for the brand. CySEC, BaFin, the SEC and the CFTC record nothing. None of the Tier-1 regulators recognises a MISA entry as authorisation to serve retail clients in its jurisdiction, which means a ScoreCM client in any Tier-1 country has no domestic regulator with jurisdiction over a dispute.

The Dominica FSU Licence

As of October 2026 the scorecm.com footer no longer mentions MISA. It now says Score Capital Markets Ltd is licensed as a margin and spot FX derivatives and CFD dealer by the Financial Services Unit of the Commonwealth of Dominica under licence number 2023/C0010-0013, with a registered address at 40 Kennedy Avenue, Roseau, Dominica, and a physical address in Funchal, Madeira, Portugal. WikiFX lists the Dominica company registration as 2024/C0075 and still rates the broker Not Regulated with a score of 1.98. A Dominica licence is an offshore authorisation: it is not recognised by the FCA, ASIC, CySEC, BaFin, the SEC or the CFTC, and it comes with no investor compensation scheme. We could not verify the licence on a public Dominica register.

ScoreCM Ltd: One Brand Behind One Offshore Registry Entry

ScoreCM Ltd operates scorecm.com under the brand names ScoreCM and Score Capital Markets. Its registered office was previously tied to MISA licence T2023420 on Moheli in the Comoros; as of October 2026 the website gives a registered address in Roseau, Dominica, and a physical address in Funchal, Madeira, Portugal. The corporate stack is unusually shallow: one offshore licence at a time, one operating brand, no disclosed Tier-1 entity anywhere in the chain. Neither the FCA nor ASIC recognises a MISA entry as authorisation to serve retail clients, and independent databases such as WikiFX have described the operation as effectively unregulated and young. When the only licence behind a brand is offshore, there is no Tier-1 supervisor to compel a response if a withdrawal dispute arises.

Ahrefs Audit: 2,339 Referring Domains, 733 Monthly Visits

Live data from the Ahrefs API for scorecm.com on 12 June 2026: Domain Rating 28 (Ahrefs Rank 4,638,533), 118 ranking organic keywords with 23 in the top three positions, 733 organic monthly visits valued at approximately $390 per month, and zero paid traffic. The backlink profile is the key finding: 8,258 backlinks from 2,339 referring domains point at a site whose entire organic footprint is 733 visits per month. That is roughly three referring domains for every monthly visitor, a pattern consistent with promotional link-building outpacing genuine search demand.

Country breakdown of those 733 organic monthly visits: South Africa 146 (no FSCA authorisation), Malaysia 115 (no SC Malaysia authorisation), Spain 113 (no CNMV authorisation), Nigeria 44, Argentina 44, India 35 (SEBI restrictions), Indonesia 24 (BAPPEBTI unauthorised), Kenya 24 (CMA Kenya unlicensed), Thailand 23 (Thai SEC restrictions), Pakistan 22 (SBP restrictions), Uruguay 20, Peru 19, United States 17 (no CFTC registration), Turkey 17. The top three jurisdictions, South Africa, Malaysia and Spain, account for 374 visits per month, more than half the total, and the brand holds no local authorisation in any of them.

The Smoking Gun: Three Referring Domains for Every Monthly Visitor

Ahrefs data from 12 June 2026 shows 2,339 referring domains pointing at scorecm.com, a site that receives 733 monthly organic visits. That is roughly three referring domains for every monthly visitor. Genuine consumer demand normally produces the opposite shape: traffic first, links second. When the link footprint runs this far ahead of search demand, the observable pattern is consistent with promotional link-building outpacing genuine interest in the brand. Combine that with the fact that the only licences behind the brand have been offshore entries, first in Mwali and now in Dominica, that no Tier-1 regulator recognises, and the data gives retail traders no independently verifiable basis to trust the operation.

Pro Tip from CleaRank: Treat any broker whose country-level traffic contradicts its own restriction policy as if it has already failed regulation. CLEAR-certified Tier-1 brokers like IC Markets, Fusion Markets or Darwinex use real IP-blocking and KYC gates to enforce country restrictions because their Tier-1 licences require it.

Payment Rails: No Tier-1 Client-Money Rules Behind the Deposit Flow

ScoreCM’s funding options, as listed by WikiFX in October 2026, include Stickpay, FasaPay, Perfect Money and cryptocurrencies (Bitcoin, Ethereum and Tether), with a $10 minimum deposit, MetaTrader 5 and leverage of up to 1:1000. CleaRank could not verify any Tier-1 regulated entity behind the payment flow. With only a Mwali registry entry behind the brand, no Tier-1 client-money rules apply: there is no statutory segregation requirement, no compensation scheme, and no Tier-1 regulator with jurisdiction over a withdrawal dispute. Traders who fund an account by Visa or Mastercard retain the card chargeback path, typically 120 to 180 days from the deposit date. Cryptocurrency deposits have no chargeback mechanism. Whatever rails the operator offers, the absence of Tier-1 oversight means every deposit ultimately relies on the operator’s own conduct.

Smart Pro Tip: If a broker only accepts crypto, mobile wallets, or local rails outside the Visa or Mastercard network, that is a structural sign the operator is trying to evade chargeback protection. Stick to Tier-1 brokers that take SEPA, Faster Payments, Visa, or Mastercard, and verify them with the CleaRank Broker Risk Scanner before depositing.

Customer Complaints: A Young Operation With a Thin Public Record

The public complaint record for ScoreCM is thin, and that is itself a data point rather than reassurance. Independent databases such as WikiFX describe ScoreCM as effectively unregulated and note that the operation is young. A young brand has simply not had time to accumulate the withdrawal-dispute record that older offshore operations carry. CleaRank’s methodology treats an unproven offshore operation with no Tier-1 oversight as unverified rather than clean: if a dispute does arise, there is no Tier-1 regulator with jurisdiction to compel a response, and the trader’s practical recourse narrows to the operator’s own goodwill or the card chargeback window.

Action Steps If You Are Already a ScoreCM Customer

Stop depositing immediately. Do not add another cent regardless of any bonus or recovery promise.

Preserve every record. Save deposit transaction hashes, MetaTrader account statements, chat logs, KYC submissions, every email and every screenshot.

File a chargeback fast if you deposited by Visa or Mastercard. The dispute window is typically 120 to 180 days from the deposit date.

Report the firm. UK: FCA Report an unauthorised firm. US: CFTC SmartCheck. Australia: ASIC. EU: your national regulator and ESMA.

Avoid recovery offers. Anyone offering guaranteed fund recovery for an up-front fee is a second-layer concern. Legitimate chargeback and regulator-complaint paths do not require an up-front fee.

Our Verdict for ScoreCM

ScoreCM’s 0.23 / 5 CLEAR Score reflects an operator whose disclosed regulatory record is offshore only. First MISA licence T2023420 from the Mwali International Services Authority in the Comoros, and as of October 2026 a Dominica FSU dealer licence, 2023/C0010-0013. No Tier-1 regulator (FCA, ASIC, CySEC, BaFin, SEC or CFTC) recognises MISA authorisation, and the Comoros has no Tier-1 retail forex regime. Independent databases (WikiFX) describe the brand as effectively unregulated and note that the operation is young. WikiFX still lists the broker as Not Regulated after the switch to Dominica. And the Ahrefs data shows 2,339 referring domains pointing at a site with 733 monthly organic visits, a pattern consistent with promotional link-building outpacing genuine search demand.

Avoid ScoreCM. For real ECN execution under a Tier-1 regulator, use a CLEAR-certified broker such as IC Markets (ASIC), Fusion Markets (ASIC), or Darwinex (FCA). Verify any broker through the CleaRank Broker Risk Scanner before depositing.

ScoreCM FAQs

Disclaimer: This review documents the regulatory and compliance risks of an unregulated broker and is not financial advice. Always verify a broker’s licenses and seek professional guidance before trading.