Below is a comprehensive analysis of ScoreCM Ltd, a forex and CFD broker, based on the requested criteria. The analysis draws on available online information, including web sources, user reviews, and technical data, while critically evaluating potential risks and red flags. The official website of ScoreCM Ltd is https://scorecm.com/.

1. Online Complaint Information ¶

• User Reviews and Complaints:
• Positive Feedback: Reviews on platforms like Trustpilot (67 reviews, 5-star rating) and BrokersView highlight ScoreCM’s competitive spreads, fast crypto deposits/withdrawals (2-40 minutes for Bitcoin/Ethereum), and responsive customer support. Users praise the MetaTrader 5 (MT5) platform for stability and execution speed, particularly for scalping strategies.
• Negative Feedback: A single complaint on Scamadviser claims a user lost $680,000 and recovered it through a third-party service (EaseAnalytics). However, this claim lacks corroboration and could be promotional or exaggerated. No widespread scam allegations were found.
• Complaint Platforms: No significant complaints were found on major regulatory or scam-reporting platforms like the Financial Conduct Authority (FCA) or Better Business Bureau (BBB). The lack of extensive negative feedback is notable but should be weighed against the broker’s short operational history.
• Red Flags:
• Limited volume of reviews compared to established brokers, possibly due to ScoreCM’s recent establishment in 2024.
• The single scam allegation, while uncorroborated, warrants caution, as it suggests potential isolated issues.

2. Risk Level Assessment ¶

• Broker Profile:
• ScoreCM is registered in the Commonwealth of Dominica (registration number 2024/C0075) and Mwali, both offshore jurisdictions with less stringent regulatory oversight compared to the EU, UK, or Australia.
• Offers high leverage (up to 1:1000), which is attractive for experienced traders but significantly increases risk for retail investors.
• Account types include Standard ($10 minimum deposit), Pro ($100), and Elite ($1,000), with competitive spreads (from 0.1 pips) and commissions ($3.5 per lot).
• Risk Factors:
• High Leverage: Leverage up to 1:1000 can lead to rapid losses, especially for inexperienced traders. The broker’s risk warning acknowledges that CFDs carry a high risk of losing money due to leverage.
• Limited Asset Variety: Offers only ~40 forex pairs, 6 stock indices, precious metals, oil, and natural gas. Lacks stocks and a broad crypto offering, which may limit diversification.
• Offshore Regulation: Offshore jurisdictions like Dominica and Mwali do not typically require segregated client funds, increasing risk if the broker faces insolvency.
• New Broker: Established in 2024, ScoreCM lacks a long track record, making its financial stability and staying power uncertain.
• Risk Level: Moderate to High
• Suitable for experienced traders who understand leverage and offshore risks.
• Not recommended for beginners or those seeking highly regulated brokers.

3. Website Security Tools ¶

• SSL Certificate:
• The website (https://scorecm.com/) uses an SSL certificate, ensuring encrypted data transmission between the user’s browser and the server. This is standard for legitimate financial websites but not a definitive indicator of trustworthiness, as scammers also use SSL.
• Verified via Scamadviser, which confirms the presence of a valid SSL certificate.
• Website Security Features:
• ScoreCM claims to adhere to “strict regulatory standards” and employs “robust security measures” to protect client funds. However, no specific details (e.g., two-factor authentication, cold storage for crypto) are provided on the website.
• No mention of advanced cybersecurity protocols like DDoS protection or Web Application Firewalls, which are common among established brokers.
• Red Flags:
• Lack of transparency about specific security technologies or third-party audits.
• The website’s low Tranco ranking suggests limited traffic/popularity, which may indicate a lack of widespread trust or recognition.

4. WHOIS Lookup ¶

• Domain Information:
• Domain: scorecm.com
• Registration Date: Registered in 2024 (exact date not specified in sources but confirmed as recent).
• Registrar: Not explicitly stated in available data, but Scamadviser notes the website owner’s identity is hidden, which is common but can be a minor red flag.
• Location: Associated with the Commonwealth of Dominica, consistent with the broker’s registration.
• Red Flags:
• Hidden WHOIS data reduces transparency, though this is not uncommon for financial firms protecting against spam or hacking.
• Recent domain registration aligns with the broker’s newness, increasing the need for due diligence.

5. IP and Hosting Analysis ¶

• Hosting Provider:
• The website is hosted by Cloudflare, a reputable Content Delivery Network (CDN) offering performance and security features like DDoS protection. Cloudflare is widely used by legitimate businesses but also by scammers, so it’s not a definitive trust indicator.
• IP address reputation data is unavailable in the provided sources, but no reports suggest malicious activity tied to the site’s IP.
• IP Risk Score:
• No specific IP fraud score was found via tools like IPQualityScore or Scamalytics.
• General advice: Check the IP reputation using tools like IPQualityScore before transacting, as high-risk IPs may indicate proxy/VPN usage or past abusive behavior.
• Red Flags:
• Lack of specific IP reputation data limits the ability to assess hosting-related risks.
• Cloudflare’s neutrality (used by both legitimate and fraudulent sites) means hosting alone doesn’t confirm legitimacy.

6. Social Media Presence ¶

• Social Media Links:
• ScoreCM’s website does not prominently display social media links, which is unusual for modern brokers aiming to build trust and engagement.
• Scamadviser advises checking social media presence to verify legitimacy, noting that consumers expect e-commerce businesses to maintain active profiles.
• Red Flags:
• Absence of visible social media accounts (e.g., Twitter, LinkedIn, Instagram) reduces transparency and limits user interaction.
• No evidence of community engagement or official updates via social platforms, which is a missed opportunity for credibility.

7. Red Flags and Potential Risk Indicators ¶

• General Red Flags:
• New Broker: Established in 2024, ScoreCM lacks a proven track record, increasing the risk of instability or untested operations.
• Offshore Regulation: Registration in Dominica and Mwali suggests lighter oversight, with potential risks to client fund protection.
• High Leverage: Up to 1:1000 leverage is a double-edged sword, appealing to risk-takers but dangerous for most retail traders.
• Limited Reviews: While mostly positive, the small number of reviews (e.g., 67 on Trustpilot) limits the sample size for assessing reliability.
• Hidden Ownership: Concealed WHOIS data reduces transparency.
• Low Website Popularity: Scamadviser notes a low Tranco ranking, suggesting limited traffic and recognition.
• Potential Risk Indicators:
• Too-Good-to-Be-True Offers: High leverage and low minimum deposits ($10) may attract inexperienced traders unaware of the risks.
• Lack of Asset Diversity: Missing stocks and limited crypto offerings may indicate a narrower operational scope than competitors.
• Single Scam Allegation: The uncorroborated $680,000 loss claim, while isolated, suggests the need for vigilance.

8. Website Content Analysis ¶

• Content Overview:
• The website (https://scorecm.com/) promotes forex, crypto, and CFD trading with a focus on fast execution, tight spreads, and MT5 platform integration.
• Emphasizes trader education with free courses (Beginner to Master levels) covering technical analysis, fundamental analysis, and trading system development.
• Highlights payment flexibility (crypto: BTC, ETH, USDT; e-wallets: Sticpay, Fasapay, PerfectMoney) and 24/5 customer support via phone, email, and live chat.
• Includes risk warnings about CFDs and leverage, advising users to seek independent financial advice.
• Positive Aspects:
• Transparent account types and trading conditions (spreads, commissions, leverage).
• Educational resources are a strong feature for new traders.
• Clear risk disclosures align with industry standards.
• Red Flags:
• Vague claims of “strict regulatory standards” without specifying oversight bodies or compliance details.
• No mention of segregated client funds or insurance, which are common in highly regulated jurisdictions.
• Limited detail on security protocols beyond generic “robust security measures.”

9. Regulatory Status ¶

• Registration:
• ScoreCM is incorporated in the Commonwealth of Dominica (2024/C0075) and operates as a Margin and Spot FX derivatives and CFD Dealer.
• Also registered in Mwali, another offshore jurisdiction.
• Regulatory Oversight:
• No evidence of regulation by major authorities like the FCA (UK), ASIC (Australia), or CySEC (EU).
• Dominica and Mwali are known for lax financial regulations, with minimal requirements for client fund segregation or capital reserves.
• The broker’s website claims adherence to “strict regulatory standards,” but this is not substantiated with specific licenses or regulatory bodies.
• Red Flags:
• Offshore regulation increases risk, as clients may have limited recourse in disputes.
• Lack of affiliation with tier-1 regulators (FCA, ASIC) is a significant drawback for risk-averse traders.

10. User Precautions ¶

To mitigate risks when considering ScoreCM, users should:

1. Conduct Due Diligence:
   • Verify the broker’s registration in Dominica/Mwali via official registries.
   • Cross-check reviews on multiple platforms (Trustpilot, BrokersView, EarnForex) for consistency.
2. Start Small:
   • Begin with the minimum deposit ($10 for Standard Account) to test platform reliability and withdrawal processes.
   • Avoid large investments until the broker’s stability is proven over time.
3. Understand Risks:
   • Read ScoreCM’s Legal Documents to understand leverage risks and client responsibilities.
   • Avoid trading with funds you cannot afford to lose, given the high leverage and CFD risks.
4. Monitor Withdrawals:
   • Test crypto withdrawals early to confirm speed and reliability (reported as 2-40 minutes).
   • Keep records of all transactions and communications with support.
5. Check IP and Security:
   • Use tools like IPQualityScore or Scamalytics to assess the website’s IP reputation before depositing funds.
   • Enable two-factor authentication (if offered) and use secure wallets for crypto deposits.
6. Avoid Over-Leveraging:
   • Limit leverage to manageable levels (e.g., 1:10 or 1:50) to reduce the risk of account wipeouts.
7. Report Issues:
   • File complaints with local authorities or scam-reporting platforms if issues arise.
   • Contact support immediately for transaction or account verification problems.

11. Potential Brand Confusion ¶

• Similar Entities:
• CScore (cscore.in): A compliance intelligence platform for lending and vendor decisions, unrelated to forex trading.
• Comscore (comscore.com): A media analytics company listed on NASDAQ (SCOR), with no connection to brokerage services.
• Scorechain (scorechain.com): A blockchain analytics and crypto compliance platform, not a broker.
• Score Information Technologies Ltd (score.co.in): Provides identity and visitor management solutions, unrelated to trading.
• Scorecard Research (scorecardresearch.com): An online market research community, not a financial broker.
• scoremycrypto.com: A crypto risk assessment tool, potentially confusing due to the “score” prefix and crypto focus.
• Risk of Confusion:
• The “Score” prefix is common across unrelated industries (finance, compliance, analytics), which may lead to mistaken identity.
• scoremycrypto.com is the most likely to cause confusion due to its crypto-related services and similar naming. Users searching for ScoreCM might land on this site, assuming it’s related.
• Comscore’s established brand (publicly traded) could overshadow ScoreCM in search results, reducing visibility or causing users to question ScoreCM’s legitimacy.
• Red Flags:
• ScoreCM’s lack of a strong social media presence or unique branding exacerbates the risk of confusion with other “Score” entities.
• Users should verify the exact URL (https://scorecm.com/) to avoid interacting with unrelated or fraudulent sites.

12. Critical Evaluation ¶

• Strengths:
• Competitive trading conditions (tight spreads, low commissions, MT5 platform).
• Fast crypto deposits/withdrawals and responsive customer support.
• Educational resources for traders, which is uncommon for offshore brokers.
• Mostly positive user reviews, with no widespread scam allegations.
• Weaknesses:
• Offshore regulation (Dominica/Mwali) with limited client protections.
• High leverage (1:1000) poses significant risks for retail traders.
• New broker (2024) with unproven longevity and limited review volume.
• Lack of transparency in security protocols, regulatory details, and WHOIS data.
• Limited asset variety and absent social media presence.
• Critical Perspective:
• While ScoreCM shows promise as a new broker, its offshore status and high leverage raise concerns about long-term reliability and client safety. The positive reviews are encouraging but may reflect early adopter bias or promotional efforts. The single scam claim, though uncorroborated, underscores the need for caution, especially given the broker’s short history.
• The lack of tier-1 regulation (e.g., FCA, ASIC) and vague security claims suggest ScoreCM is not suitable for risk-averse traders or those prioritizing fund safety. Established brokers like IG, OANDA, or CMC Markets offer stronger regulatory protections and broader asset selections, albeit with lower leverage.
• The “Score” naming trend across industries increases the risk of confusion, potentially exploited by bad actors. Users must verify the exact website and avoid assuming affiliations with unrelated entities.

13. Conclusion ¶

ScoreCM Ltd appears to be a legitimate but high-risk broker due to its offshore regulation, high leverage, and recent establishment. Positive user feedback and competitive trading conditions are offset by concerns about regulatory oversight, limited transparency, and potential brand confusion. It may suit experienced traders comfortable with offshore brokers and crypto transactions, but beginners or cautious investors should opt for regulated alternatives. Recommendation:

• Conduct thorough due diligence before trading with ScoreCM.
• Start with small deposits and test withdrawals.
• Avoid high leverage and prioritize risk management.
• Verify the website (https://scorecm.com/) to avoid confusion with similar brands.
• Consider tier-1 regulated brokers for greater security if risk tolerance is low. For further details, visit the ScoreCM Help Center (https://scorecm.com/) or check regulatory status via Dominica’s financial authorities.

Disclaimer: This analysis is based on available data as of April 22, 2025, and is not financial advice. Trading involves significant risks, and users should consult independent financial advisors before investing. Always verify information directly with the broker and regulatory bodies.