diff --git a/CHANGELOG.md b/CHANGELOG.md
index 909420ce6..00bcc5498 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,8 +10,16 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Added
 
 - Added the business logic and tests for stock splits of an asset profile (experimental)
+- Added the scopes to the access
 - Added an index for `symbolProfileId` to the order database table
 
+### Changed
+
+- Changed the redaction of the monetary values in impersonation mode to be based on the scopes of the access
+- Deprecated the `permissions` attribute of the access in favor of the scopes
+- Extended the `GET api/v1/access` endpoint by the scopes
+- Extended the `GET api/v1/user` endpoint by the scopes
+
 ## 3.51.0 - 2026-08-14
 
 ### Changed
diff --git a/apps/api/src/app/access/access.controller.ts b/apps/api/src/app/access/access.controller.ts
index 54fadec68..8bd22fc25 100644
--- a/apps/api/src/app/access/access.controller.ts
+++ b/apps/api/src/app/access/access.controller.ts
@@ -6,6 +6,7 @@ import { CreateAccessDto, UpdateAccessDto } from '@ghostfolio/common/dtos';
 import { SubscriptionType } from '@ghostfolio/common/enums';
 import { Access, AccessSettings } from '@ghostfolio/common/interfaces';
 import { permissions } from '@ghostfolio/common/permissions';
+import { getScopesOfAccess } from '@ghostfolio/common/scopes';
 import type { RequestWithUser } from '@ghostfolio/common/types';
 
 import {
@@ -47,29 +48,32 @@ export class AccessController {
       where: { userId: this.request.user.id }
     });
 
-    return accessesWithGranteeUser.map(
-      ({ alias, granteeUser, id, permissions, settings }) => {
-        if (granteeUser) {
-          return {
-            alias,
-            id,
-            permissions,
-            grantee: granteeUser?.id,
-            settings: settings as AccessSettings,
-            type: 'PRIVATE'
-          };
-        }
+    return accessesWithGranteeUser.map((accessItem) => {
+      const { alias, granteeUser, id, permissions, settings } = accessItem;
+      const scopes = getScopesOfAccess(accessItem);
 
+      if (granteeUser) {
         return {
           alias,
           id,
           permissions,
-          grantee: 'Public',
+          scopes,
+          grantee: granteeUser?.id,
           settings: settings as AccessSettings,
-          type: 'PUBLIC'
+          type: 'PRIVATE'
         };
       }
-    );
+
+      return {
+        alias,
+        id,
+        permissions,
+        scopes,
+        grantee: 'Public',
+        settings: settings as AccessSettings,
+        type: 'PUBLIC'
+      };
+    });
   }
 
   @HasPermission(permissions.createAccess)
@@ -95,6 +99,10 @@ export class AccessController {
           ? { connect: { id: data.granteeUserId } }
           : undefined,
         permissions: data.permissions,
+        scopes: getScopesOfAccess({
+          granteeUserId: data.granteeUserId,
+          permissions: data.permissions
+        }),
         settings: this.accessService.buildSettings(data.filters),
         user: { connect: { id: this.request.user.id } }
       });
@@ -164,6 +172,10 @@ export class AccessController {
             ? { connect: { id: data.granteeUserId } }
             : { disconnect: true },
           permissions: data.permissions,
+          scopes: getScopesOfAccess({
+            granteeUserId: data.granteeUserId,
+            permissions: data.permissions ?? originalAccess.permissions
+          }),
           settings: this.accessService.buildSettings(data.filters)
         },
         where: { id }
diff --git a/apps/api/src/app/account/account.controller.ts b/apps/api/src/app/account/account.controller.ts
index ffb8ec6ab..8b6692503 100644
--- a/apps/api/src/app/account/account.controller.ts
+++ b/apps/api/src/app/account/account.controller.ts
@@ -2,8 +2,8 @@ import { AccountBalanceService } from '@ghostfolio/api/app/account-balance/accou
 import { PortfolioService } from '@ghostfolio/api/app/portfolio/portfolio.service';
 import { HasPermission } from '@ghostfolio/api/decorators/has-permission.decorator';
 import { Impersonation } from '@ghostfolio/api/decorators/impersonation.decorator';
+import { RequiresScope } from '@ghostfolio/api/decorators/requires-scope.decorator';
 import { HasPermissionGuard } from '@ghostfolio/api/guards/has-permission.guard';
-import { ImpersonationGuard } from '@ghostfolio/api/guards/impersonation.guard';
 import { RedactValuesInResponseInterceptor } from '@ghostfolio/api/interceptors/redact-values-in-response/redact-values-in-response.interceptor';
 import { TransformDataSourceInRequestInterceptor } from '@ghostfolio/api/interceptors/transform-data-source-in-request/transform-data-source-in-request.interceptor';
 import { ApiService } from '@ghostfolio/api/services/api/api.service';
@@ -18,6 +18,7 @@ import {
   AccountsResponse
 } from '@ghostfolio/common/interfaces';
 import { permissions } from '@ghostfolio/common/permissions';
+import { scopes } from '@ghostfolio/common/scopes';
 import type {
   ImpersonationContext,
   RequestWithUser
@@ -84,7 +85,7 @@ export class AccountController {
   }
 
   @Get()
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.accountRead)
   @UseInterceptors(RedactValuesInResponseInterceptor)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   public async getAllAccounts(
@@ -107,7 +108,7 @@ export class AccountController {
   }
 
   @Get(':id')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.accountRead)
   @UseInterceptors(RedactValuesInResponseInterceptor)
   public async getAccountById(
     @Impersonation() { userId }: ImpersonationContext,
@@ -124,7 +125,7 @@ export class AccountController {
   }
 
   @Get(':id/balances')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.accountRead)
   @UseInterceptors(RedactValuesInResponseInterceptor)
   public async getAccountBalancesById(
     @Impersonation() { userId, userSettings }: ImpersonationContext,
diff --git a/apps/api/src/app/activities/activities.controller.ts b/apps/api/src/app/activities/activities.controller.ts
index aa44857ad..21adf7c19 100644
--- a/apps/api/src/app/activities/activities.controller.ts
+++ b/apps/api/src/app/activities/activities.controller.ts
@@ -1,7 +1,7 @@
 import { HasPermission } from '@ghostfolio/api/decorators/has-permission.decorator';
 import { Impersonation } from '@ghostfolio/api/decorators/impersonation.decorator';
+import { RequiresScope } from '@ghostfolio/api/decorators/requires-scope.decorator';
 import { HasPermissionGuard } from '@ghostfolio/api/guards/has-permission.guard';
-import { ImpersonationGuard } from '@ghostfolio/api/guards/impersonation.guard';
 import { isActivityInFuture } from '@ghostfolio/api/helper/activity.helper';
 import { RedactValuesInResponseInterceptor } from '@ghostfolio/api/interceptors/redact-values-in-response/redact-values-in-response.interceptor';
 import { TransformDataSourceInRequestInterceptor } from '@ghostfolio/api/interceptors/transform-data-source-in-request/transform-data-source-in-request.interceptor';
@@ -17,6 +17,7 @@ import {
   ActivityResponse
 } from '@ghostfolio/common/interfaces';
 import { permissions } from '@ghostfolio/common/permissions';
+import { scopes } from '@ghostfolio/common/scopes';
 import type {
   ImpersonationContext,
   RequestWithUser
@@ -120,7 +121,7 @@ export class ActivitiesController {
   }
 
   @Get()
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.activityRead)
   @UseInterceptors(RedactValuesInResponseInterceptor)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
@@ -177,7 +178,7 @@ export class ActivitiesController {
   }
 
   @Get(':id')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.activityRead)
   @UseInterceptors(RedactValuesInResponseInterceptor)
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
   public async getActivityById(
diff --git a/apps/api/src/app/endpoints/benchmarks/benchmarks.controller.ts b/apps/api/src/app/endpoints/benchmarks/benchmarks.controller.ts
index 79949a715..0930eb5b1 100644
--- a/apps/api/src/app/endpoints/benchmarks/benchmarks.controller.ts
+++ b/apps/api/src/app/endpoints/benchmarks/benchmarks.controller.ts
@@ -1,8 +1,8 @@
 import { AllowDuringImpersonation } from '@ghostfolio/api/decorators/allow-during-impersonation.decorator';
 import { HasPermission } from '@ghostfolio/api/decorators/has-permission.decorator';
 import { Impersonation } from '@ghostfolio/api/decorators/impersonation.decorator';
+import { RequiresScope } from '@ghostfolio/api/decorators/requires-scope.decorator';
 import { HasPermissionGuard } from '@ghostfolio/api/guards/has-permission.guard';
-import { ImpersonationGuard } from '@ghostfolio/api/guards/impersonation.guard';
 import { TransformDataSourceInRequestInterceptor } from '@ghostfolio/api/interceptors/transform-data-source-in-request/transform-data-source-in-request.interceptor';
 import { TransformDataSourceInResponseInterceptor } from '@ghostfolio/api/interceptors/transform-data-source-in-response/transform-data-source-in-response.interceptor';
 import { ApiService } from '@ghostfolio/api/services/api/api.service';
@@ -14,6 +14,7 @@ import type {
   BenchmarkResponse
 } from '@ghostfolio/common/interfaces';
 import { permissions } from '@ghostfolio/common/permissions';
+import { scopes } from '@ghostfolio/common/scopes';
 import type { ImpersonationContext } from '@ghostfolio/common/types';
 
 import {
@@ -111,7 +112,7 @@ export class BenchmarksController {
   }
 
   @Get(':dataSource/:symbol/:startDateString')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   public async getBenchmarkMarketDataForUser(
     @Impersonation() { userId, userSettings }: ImpersonationContext,
diff --git a/apps/api/src/app/endpoints/watchlist/watchlist.controller.ts b/apps/api/src/app/endpoints/watchlist/watchlist.controller.ts
index 947612cb1..11f3ff84e 100644
--- a/apps/api/src/app/endpoints/watchlist/watchlist.controller.ts
+++ b/apps/api/src/app/endpoints/watchlist/watchlist.controller.ts
@@ -1,12 +1,13 @@
 import { HasPermission } from '@ghostfolio/api/decorators/has-permission.decorator';
 import { Impersonation } from '@ghostfolio/api/decorators/impersonation.decorator';
+import { RequiresScope } from '@ghostfolio/api/decorators/requires-scope.decorator';
 import { HasPermissionGuard } from '@ghostfolio/api/guards/has-permission.guard';
-import { ImpersonationGuard } from '@ghostfolio/api/guards/impersonation.guard';
 import { TransformDataSourceInRequestInterceptor } from '@ghostfolio/api/interceptors/transform-data-source-in-request/transform-data-source-in-request.interceptor';
 import { TransformDataSourceInResponseInterceptor } from '@ghostfolio/api/interceptors/transform-data-source-in-response/transform-data-source-in-response.interceptor';
 import { CreateWatchlistItemDto } from '@ghostfolio/common/dtos';
 import { WatchlistResponse } from '@ghostfolio/common/interfaces';
 import { permissions } from '@ghostfolio/common/permissions';
+import { scopes } from '@ghostfolio/common/scopes';
 import {
   ImpersonationContext,
   RequestWithUser
@@ -82,7 +83,7 @@ export class WatchlistController {
 
   @Get()
   @HasPermission(permissions.readWatchlist)
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.watchlistRead)
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
   public async getWatchlistItems(
     @Impersonation() { userId }: ImpersonationContext
diff --git a/apps/api/src/app/portfolio/portfolio.controller.ts b/apps/api/src/app/portfolio/portfolio.controller.ts
index 2edffc8d3..3b34ae83e 100644
--- a/apps/api/src/app/portfolio/portfolio.controller.ts
+++ b/apps/api/src/app/portfolio/portfolio.controller.ts
@@ -1,8 +1,8 @@
 import { ActivitiesService } from '@ghostfolio/api/app/activities/activities.service';
 import { HasPermission } from '@ghostfolio/api/decorators/has-permission.decorator';
 import { Impersonation } from '@ghostfolio/api/decorators/impersonation.decorator';
+import { RequiresScope } from '@ghostfolio/api/decorators/requires-scope.decorator';
 import { HasPermissionGuard } from '@ghostfolio/api/guards/has-permission.guard';
-import { ImpersonationGuard } from '@ghostfolio/api/guards/impersonation.guard';
 import {
   hasNotDefinedValuesInObject,
   nullifyValuesInObject
@@ -25,11 +25,8 @@ import {
   PortfolioPerformanceResponse,
   PortfolioReportResponse
 } from '@ghostfolio/common/interfaces';
-import {
-  hasReadRestrictedAccessPermission,
-  isRestrictedView,
-  permissions
-} from '@ghostfolio/common/permissions';
+import { isRestrictedView, permissions } from '@ghostfolio/common/permissions';
+import { hasScope, scopes } from '@ghostfolio/common/scopes';
 import type {
   ImpersonationContext,
   RequestWithUser
@@ -73,12 +70,13 @@ export class PortfolioController {
   ) {}
 
   @Get('details')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   @UseInterceptors(RedactValuesInResponseInterceptor)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
   public async getDetails(
-    @Impersonation() { accessId, userId }: ImpersonationContext,
+    @Impersonation()
+    { scopes: impersonationScopes, userId }: ImpersonationContext,
     @Query()
     {
       accounts: filterByAccounts,
@@ -130,10 +128,7 @@ export class PortfolioController {
     let portfolioSummary = summary;
 
     if (
-      hasReadRestrictedAccessPermission({
-        accesses: this.request.user?.accessesGet,
-        impersonationId: accessId
-      }) ||
+      !hasScope(impersonationScopes, scopes.portfolioReadValues) ||
       isRestrictedView(this.request.user)
     ) {
       const totalInvestment = Object.values(holdings)
@@ -174,10 +169,7 @@ export class PortfolioController {
 
     if (
       hasDetails === false ||
-      hasReadRestrictedAccessPermission({
-        accesses: this.request.user?.accessesGet,
-        impersonationId: accessId
-      }) ||
+      !hasScope(impersonationScopes, scopes.portfolioReadValues) ||
       isRestrictedView(this.request.user)
     ) {
       Object.values(markets ?? {}).forEach((market) => {
@@ -319,10 +311,11 @@ export class PortfolioController {
   }
 
   @Get('dividends')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   public async getDividends(
-    @Impersonation() { accessId, userId, userSettings }: ImpersonationContext,
+    @Impersonation()
+    { scopes: impersonationScopes, userId, userSettings }: ImpersonationContext,
     @Query()
     {
       accounts,
@@ -364,10 +357,7 @@ export class PortfolioController {
     });
 
     if (
-      hasReadRestrictedAccessPermission({
-        accesses: this.request.user?.accessesGet,
-        impersonationId: accessId
-      }) ||
+      !hasScope(impersonationScopes, scopes.portfolioReadValues) ||
       isRestrictedView(this.request.user)
     ) {
       const maxDividend = dividends.reduce(
@@ -397,7 +387,7 @@ export class PortfolioController {
   @UseInterceptors(RedactValuesInResponseInterceptor)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   public async getHolding(
     @Impersonation() { userId }: ImpersonationContext,
     @Param('dataSource') dataSource: DataSource,
@@ -420,7 +410,7 @@ export class PortfolioController {
   }
 
   @Get('holdings')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   @UseInterceptors(RedactValuesInResponseInterceptor)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
@@ -458,10 +448,11 @@ export class PortfolioController {
   }
 
   @Get('investments')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   public async getInvestments(
-    @Impersonation() { accessId, userId }: ImpersonationContext,
+    @Impersonation()
+    { scopes: impersonationScopes, userId }: ImpersonationContext,
     @Query()
     {
       accounts,
@@ -490,10 +481,7 @@ export class PortfolioController {
       });
 
     if (
-      hasReadRestrictedAccessPermission({
-        accesses: this.request.user?.accessesGet,
-        impersonationId: accessId
-      }) ||
+      !hasScope(impersonationScopes, scopes.portfolioReadValues) ||
       isRestrictedView(this.request.user)
     ) {
       const maxInvestment = investments.reduce(
@@ -532,13 +520,14 @@ export class PortfolioController {
   }
 
   @Get('performance')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   @UseInterceptors(PerformanceLoggingInterceptor)
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
   @Version('2')
   public async getPerformanceV2(
-    @Impersonation() { accessId, userId }: ImpersonationContext,
+    @Impersonation()
+    { scopes: impersonationScopes, userId }: ImpersonationContext,
     @Query()
     {
       accounts,
@@ -566,10 +555,7 @@ export class PortfolioController {
     });
 
     if (
-      hasReadRestrictedAccessPermission({
-        accesses: this.request.user?.accessesGet,
-        impersonationId: accessId
-      }) ||
+      !hasScope(impersonationScopes, scopes.portfolioReadValues) ||
       isRestrictedView(this.request.user) ||
       this.request.user.settings.settings.viewMode === 'ZEN'
     ) {
@@ -645,17 +631,15 @@ export class PortfolioController {
   }
 
   @Get('report')
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @RequiresScope(scopes.portfolioRead)
   public async getReport(
-    @Impersonation() { accessId, userId }: ImpersonationContext
+    @Impersonation()
+    { scopes: impersonationScopes, userId }: ImpersonationContext
   ): Promise<PortfolioReportResponse> {
     const report = await this.portfolioService.getReport({ userId });
 
     if (
-      hasReadRestrictedAccessPermission({
-        accesses: this.request.user?.accessesGet,
-        impersonationId: accessId
-      }) ||
+      !hasScope(impersonationScopes, scopes.portfolioReadValues) ||
       isRestrictedView(this.request.user) ||
       (this.configurationService.get('ENABLE_FEATURE_SUBSCRIPTION') &&
         this.request.user.subscription?.type === SubscriptionType.Basic)
@@ -676,7 +660,7 @@ export class PortfolioController {
   @HasPermission(permissions.updateActivity)
   @Put('holding/:dataSource/:symbol/tags')
   @UseInterceptors(TransformDataSourceInRequestInterceptor)
-  @UseGuards(AuthGuard('jwt'), HasPermissionGuard, ImpersonationGuard)
+  @UseGuards(AuthGuard('jwt'), HasPermissionGuard)
   public async updateHoldingTags(
     @Body() data: UpdateHoldingTagsDto,
     @Param('dataSource') dataSource: DataSource,
diff --git a/apps/api/src/app/portfolio/portfolio.service.spec.ts b/apps/api/src/app/portfolio/portfolio.service.spec.ts
index 29b6f22b5..970b13734 100644
--- a/apps/api/src/app/portfolio/portfolio.service.spec.ts
+++ b/apps/api/src/app/portfolio/portfolio.service.spec.ts
@@ -246,7 +246,6 @@ describe('PortfolioService', () => {
         .mockResolvedValue([]);
 
       jest.spyOn(userService, 'user').mockResolvedValue({
-        accessesGet: [],
         accounts: [],
         activityCount: 0,
         dataProviderGhostfolioDailyRequests: 0,
diff --git a/apps/api/src/app/user/user.controller.ts b/apps/api/src/app/user/user.controller.ts
index 50471c8bc..cf9043910 100644
--- a/apps/api/src/app/user/user.controller.ts
+++ b/apps/api/src/app/user/user.controller.ts
@@ -129,9 +129,10 @@ export class UserController {
   @UseInterceptors(TransformDataSourceInResponseInterceptor)
   public async getUser(
     @Headers('accept-language') acceptLanguage: string,
-    @Impersonation() { isActive, userId }: ImpersonationContext
+    @Impersonation() { isActive, scopes, userId }: ImpersonationContext
   ): Promise<User> {
     return this.userService.getUser({
+      scopes,
       impersonationUserId: isActive ? userId : undefined,
       locale: acceptLanguage?.split(',')?.[0],
       user: this.request.user
diff --git a/apps/api/src/app/user/user.service.ts b/apps/api/src/app/user/user.service.ts
index d74b90ede..1175662eb 100644
--- a/apps/api/src/app/user/user.service.ts
+++ b/apps/api/src/app/user/user.service.ts
@@ -53,6 +53,7 @@ import {
   hasRole,
   permissions
 } from '@ghostfolio/common/permissions';
+import { getScopesOfAccess } from '@ghostfolio/common/scopes';
 import { UserWithSettings } from '@ghostfolio/common/types';
 import { PerformanceCalculationType } from '@ghostfolio/common/types/performance-calculation-type.type';
 
@@ -115,10 +116,12 @@ export class UserService {
   public async getUser({
     impersonationUserId,
     locale = DEFAULT_LOCALE,
+    scopes,
     user
   }: {
     impersonationUserId: string;
     locale?: string;
+    scopes: string[];
     user: UserWithSettings;
   }): Promise<IUser> {
     const { id, permissions, settings, subscription } = user;
@@ -206,6 +209,7 @@ export class UserService {
       id,
       permissions,
       referralPartners,
+      scopes,
       subscription,
       systemMessage,
       tags,
@@ -213,7 +217,8 @@ export class UserService {
         return {
           alias: accessItem.alias,
           id: accessItem.id,
-          permissions: accessItem.permissions
+          permissions: accessItem.permissions,
+          scopes: getScopesOfAccess(accessItem)
         };
       }),
       accounts: accounts.sort((a, b) => {
@@ -282,7 +287,6 @@ export class UserService {
             activities: true
           }
         },
-        accessesGet: true,
         accounts: {
           include: { platform: true }
         },
@@ -299,7 +303,6 @@ export class UserService {
 
     const {
       _count,
-      accessesGet,
       accessToken,
       accounts,
       analytics,
@@ -317,7 +320,6 @@ export class UserService {
     const activitiesCount = _count?.activities ?? 0;
 
     const user: UserWithSettings = {
-      accessesGet,
       accessToken,
       accounts,
       authChallenge,
diff --git a/apps/api/src/decorators/impersonation.decorator.ts b/apps/api/src/decorators/impersonation.decorator.ts
index 190542459..3964388e5 100644
--- a/apps/api/src/decorators/impersonation.decorator.ts
+++ b/apps/api/src/decorators/impersonation.decorator.ts
@@ -1,3 +1,4 @@
+import { getScopesOfOwnAccess } from '@ghostfolio/common/scopes';
 import type {
   ImpersonationContext,
   RequestWithUser
@@ -18,6 +19,7 @@ export const Impersonation = createParamDecorator(
     return (
       impersonation ?? {
         isActive: false,
+        scopes: getScopesOfOwnAccess(),
         userId: user?.id,
         userSettings: user?.settings?.settings ?? {}
       }
diff --git a/apps/api/src/decorators/requires-scope.decorator.spec.ts b/apps/api/src/decorators/requires-scope.decorator.spec.ts
new file mode 100644
index 000000000..a36ff9201
--- /dev/null
+++ b/apps/api/src/decorators/requires-scope.decorator.spec.ts
@@ -0,0 +1,41 @@
+import { HasPermissionGuard } from '@ghostfolio/api/guards/has-permission.guard';
+import { ImpersonationGuard } from '@ghostfolio/api/guards/impersonation.guard';
+import { ScopeGuard } from '@ghostfolio/api/guards/scope.guard';
+import { scopes } from '@ghostfolio/common/scopes';
+
+import { GUARDS_METADATA } from '@nestjs/common/constants';
+import { AuthGuard } from '@nestjs/passport';
+
+import { REQUIRES_SCOPE_KEY, RequiresScope } from './requires-scope.decorator';
+
+class TestController {
+  @RequiresScope(scopes.portfolioRead)
+  public getPortfolio() {
+    return null;
+  }
+}
+
+describe('Requires scope', () => {
+  it('Sets the required scopes', () => {
+    expect(
+      Reflect.getMetadata(
+        REQUIRES_SCOPE_KEY,
+        TestController.prototype.getPortfolio
+      )
+    ).toEqual([scopes.portfolioRead]);
+  });
+
+  it('Applies the guards in the required order', () => {
+    expect(
+      Reflect.getMetadata(
+        GUARDS_METADATA,
+        TestController.prototype.getPortfolio
+      )
+    ).toEqual([
+      AuthGuard('jwt'),
+      HasPermissionGuard,
+      ImpersonationGuard,
+      ScopeGuard
+    ]);
+  });
+});
diff --git a/apps/api/src/decorators/requires-scope.decorator.ts b/apps/api/src/decorators/requires-scope.decorator.ts
new file mode 100644
index 000000000..dab837955
--- /dev/null
+++ b/apps/api/src/decorators/requires-scope.decorator.ts
@@ -0,0 +1,26 @@
+import { HasPermissionGuard } from '@ghostfolio/api/guards/has-permission.guard';
+import { ImpersonationGuard } from '@ghostfolio/api/guards/impersonation.guard';
+import { ScopeGuard } from '@ghostfolio/api/guards/scope.guard';
+import { Scope } from '@ghostfolio/common/scopes';
+
+import { applyDecorators, SetMetadata, UseGuards } from '@nestjs/common';
+import { AuthGuard } from '@nestjs/passport';
+
+export const REQUIRES_SCOPE_KEY = 'requires_scope';
+
+/**
+ * Marks a route which requires the given scopes and applies the guards which
+ * resolve the impersonation context and evaluate it, hence the ScopeGuard
+ * cannot be applied without the ImpersonationGuard preceding it
+ */
+export function RequiresScope(...requiredScopes: Scope[]) {
+  return applyDecorators(
+    SetMetadata(REQUIRES_SCOPE_KEY, requiredScopes),
+    UseGuards(
+      AuthGuard('jwt'),
+      HasPermissionGuard,
+      ImpersonationGuard,
+      ScopeGuard
+    )
+  );
+}
diff --git a/apps/api/src/guards/scope.guard.ts b/apps/api/src/guards/scope.guard.ts
new file mode 100644
index 000000000..025a85502
--- /dev/null
+++ b/apps/api/src/guards/scope.guard.ts
@@ -0,0 +1,50 @@
+import { REQUIRES_SCOPE_KEY } from '@ghostfolio/api/decorators/requires-scope.decorator';
+import { hasScope, Scope } from '@ghostfolio/common/scopes';
+import type { RequestWithUser } from '@ghostfolio/common/types';
+
+import {
+  CanActivate,
+  ExecutionContext,
+  HttpException,
+  Injectable
+} from '@nestjs/common';
+import { Reflector } from '@nestjs/core';
+import { StatusCodes, getReasonPhrase } from 'http-status-codes';
+
+/**
+ * Denies a request whose impersonation context does not cover the scopes
+ * required by the route. It has to be applied after the ImpersonationGuard,
+ * which resolves the context, hence the RequiresScope decorator applies both.
+ */
+@Injectable()
+export class ScopeGuard implements CanActivate {
+  public constructor(private readonly reflector: Reflector) {}
+
+  public canActivate(context: ExecutionContext): boolean {
+    const requiredScopes = this.reflector.getAllAndOverride<Scope[]>(
+      REQUIRES_SCOPE_KEY,
+      [context.getHandler(), context.getClass()]
+    );
+
+    if (!requiredScopes?.length) {
+      return true;
+    }
+
+    const { impersonation } = context
+      .switchToHttp()
+      .getRequest<RequestWithUser>();
+
+    const hasRequiredScopes = requiredScopes.every((scope) => {
+      return hasScope(impersonation?.scopes, scope);
+    });
+
+    if (!hasRequiredScopes) {
+      throw new HttpException(
+        getReasonPhrase(StatusCodes.FORBIDDEN),
+        StatusCodes.FORBIDDEN
+      );
+    }
+
+    return true;
+  }
+}
diff --git a/apps/api/src/interceptors/redact-values-in-response/redact-values-in-response.interceptor.ts b/apps/api/src/interceptors/redact-values-in-response/redact-values-in-response.interceptor.ts
index 6a9596298..e575cbacd 100644
--- a/apps/api/src/interceptors/redact-values-in-response/redact-values-in-response.interceptor.ts
+++ b/apps/api/src/interceptors/redact-values-in-response/redact-values-in-response.interceptor.ts
@@ -1,13 +1,8 @@
 import { redactPaths } from '@ghostfolio/api/helper/object.helper';
-import {
-  DEFAULT_REDACTED_PATHS,
-  HEADER_KEY_IMPERSONATION
-} from '@ghostfolio/common/config';
-import {
-  hasReadRestrictedAccessPermission,
-  isRestrictedView
-} from '@ghostfolio/common/permissions';
-import { UserWithSettings } from '@ghostfolio/common/types';
+import { DEFAULT_REDACTED_PATHS } from '@ghostfolio/common/config';
+import { isRestrictedView } from '@ghostfolio/common/permissions';
+import { hasScope, scopes } from '@ghostfolio/common/scopes';
+import type { RequestWithUser } from '@ghostfolio/common/types';
 
 import {
   CallHandler,
@@ -29,17 +24,15 @@ export class RedactValuesInResponseInterceptor<T> implements NestInterceptor<
   ): Observable<any> {
     return next.handle().pipe(
       map((data: any) => {
-        const { headers, user }: { headers: Headers; user: UserWithSettings } =
-          context.switchToHttp().getRequest();
-
-        const impersonationId =
-          headers?.[HEADER_KEY_IMPERSONATION.toLowerCase()];
+        const { impersonation, user } = context
+          .switchToHttp()
+          .getRequest<RequestWithUser>();
 
+        // A missing impersonation context originates from a public request or
+        // from a route without the ImpersonationGuard, hence the monetary
+        // values are redacted to never expose them unintentionally
         if (
-          hasReadRestrictedAccessPermission({
-            impersonationId,
-            accesses: user?.accessesGet
-          }) ||
+          !hasScope(impersonation?.scopes, scopes.portfolioReadValues) ||
           isRestrictedView(user)
         ) {
           data = redactPaths({
diff --git a/apps/api/src/services/impersonation/impersonation.service.ts b/apps/api/src/services/impersonation/impersonation.service.ts
index f3083e96c..1432c14aa 100644
--- a/apps/api/src/services/impersonation/impersonation.service.ts
+++ b/apps/api/src/services/impersonation/impersonation.service.ts
@@ -2,12 +2,18 @@ import { PrismaService } from '@ghostfolio/api/services/prisma/prisma.service';
 import { DEFAULT_CURRENCY } from '@ghostfolio/common/config';
 import { UserSettings } from '@ghostfolio/common/interfaces';
 import { hasPermission, permissions } from '@ghostfolio/common/permissions';
+import {
+  getScopesOfAccess,
+  getScopesOfOwnAccess,
+  getScopesOfUnrestrictedImpersonation
+} from '@ghostfolio/common/scopes';
 import type {
   ImpersonationContext,
   UserWithSettings
 } from '@ghostfolio/common/types';
 
 import { Injectable } from '@nestjs/common';
+import { Access } from '@prisma/client';
 
 @Injectable()
 export class ImpersonationService {
@@ -20,14 +26,13 @@ export class ImpersonationService {
     impersonationId?: string;
     user?: UserWithSettings;
   }): Promise<ImpersonationContext> {
-    const impersonatedUserId = await this.validateImpersonationId({
-      impersonationId,
-      user
-    });
+    const { access, userId: impersonatedUserId } =
+      await this.validateImpersonation({ impersonationId, user });
 
     if (!impersonatedUserId) {
       return {
         isActive: false,
+        scopes: getScopesOfOwnAccess(),
         userId: user?.id,
         userSettings: user?.settings?.settings ?? {}
       };
@@ -40,6 +45,11 @@ export class ImpersonationService {
     return {
       accessId: impersonationId,
       isActive: true,
+      // An access which has not been granted explicitly originates from the
+      // permission to impersonate all users
+      scopes: access
+        ? getScopesOfAccess(access)
+        : getScopesOfUnrestrictedImpersonation(),
       userId: impersonatedUserId,
       userSettings: {
         ...((settings?.settings ?? {}) as UserSettings),
@@ -49,15 +59,15 @@ export class ImpersonationService {
     };
   }
 
-  public async validateImpersonationId({
+  private async validateImpersonation({
     impersonationId,
     user
   }: {
     impersonationId?: string;
     user?: UserWithSettings;
-  }) {
+  }): Promise<{ access?: Access; userId: string | null }> {
     if (!impersonationId) {
-      return null;
+      return { userId: null };
     }
 
     if (user) {
@@ -69,7 +79,7 @@ export class ImpersonationService {
       });
 
       if (accessObject?.userId) {
-        return accessObject.userId;
+        return { access: accessObject, userId: accessObject.userId };
       } else if (
         hasPermission(user.permissions, permissions.impersonateAllUsers)
       ) {
@@ -79,7 +89,7 @@ export class ImpersonationService {
           where: { id: impersonationId }
         });
 
-        return impersonatedUser?.id ?? null;
+        return { userId: impersonatedUser?.id ?? null };
       }
     } else {
       // Public access
@@ -91,10 +101,10 @@ export class ImpersonationService {
       });
 
       if (accessObject?.userId) {
-        return accessObject.userId;
+        return { access: accessObject, userId: accessObject.userId };
       }
     }
 
-    return null;
+    return { userId: null };
   }
 }
diff --git a/apps/client/src/app/components/access-table/access-table.component.html b/apps/client/src/app/components/access-table/access-table.component.html
index 9d87cbd79..77da69d23 100644
--- a/apps/client/src/app/components/access-table/access-table.component.html
+++ b/apps/client/src/app/components/access-table/access-table.component.html
@@ -18,10 +18,10 @@
       <th *matHeaderCellDef class="px-1" i18n mat-header-cell>Permission</th>
       <td *matCellDef="let element" class="px-1 text-nowrap" mat-cell>
         <div class="align-items-center d-flex">
-          @if (element.permissions.includes('READ')) {
+          @if (hasScopeToReadValues(element)) {
             <ion-icon class="mr-1" name="lock-open-outline" />
             <ng-container i18n>View</ng-container>
-          } @else if (element.permissions.includes('READ_RESTRICTED')) {
+          } @else {
             <ion-icon class="mr-1" name="lock-closed-outline" />
             <ng-container i18n>Restricted view</ng-container>
           }
diff --git a/apps/client/src/app/components/access-table/access-table.component.ts b/apps/client/src/app/components/access-table/access-table.component.ts
index 00c5c1a28..3886fc59c 100644
--- a/apps/client/src/app/components/access-table/access-table.component.ts
+++ b/apps/client/src/app/components/access-table/access-table.component.ts
@@ -1,6 +1,7 @@
 import { ConfirmationDialogType } from '@ghostfolio/common/enums';
 import { Access, User } from '@ghostfolio/common/interfaces';
 import { publicRoutes } from '@ghostfolio/common/routes/routes';
+import { hasScope, scopes } from '@ghostfolio/common/scopes';
 import { NotificationService } from '@ghostfolio/ui/notifications';
 
 import { Clipboard, ClipboardModule } from '@angular/cdk/clipboard';
@@ -100,6 +101,10 @@ export class GfAccessTableComponent {
     return `${this.baseUrl}/${languageCode}/${publicRoutes.public.path}/${aId}`;
   }
 
+  protected hasScopeToReadValues({ scopes: scopesOfAccess }: Access) {
+    return hasScope(scopesOfAccess, scopes.portfolioReadValues);
+  }
+
   protected onCopyUrlToClipboard(aId: string) {
     this.clipboard.copy(this.getPublicUrl(aId));
 
diff --git a/apps/client/src/app/components/account-detail-dialog/account-detail-dialog.component.ts b/apps/client/src/app/components/account-detail-dialog/account-detail-dialog.component.ts
index 9aa0f6964..518458e8a 100644
--- a/apps/client/src/app/components/account-detail-dialog/account-detail-dialog.component.ts
+++ b/apps/client/src/app/components/account-detail-dialog/account-detail-dialog.component.ts
@@ -14,11 +14,8 @@ import {
   PortfolioPosition,
   User
 } from '@ghostfolio/common/interfaces';
-import {
-  hasPermission,
-  hasReadRestrictedAccessPermission,
-  permissions
-} from '@ghostfolio/common/permissions';
+import { hasPermission, permissions } from '@ghostfolio/common/permissions';
+import { hasScope, scopes } from '@ghostfolio/common/scopes';
 import { GfAccountBalancesComponent } from '@ghostfolio/ui/account-balances';
 import { GfActivitiesTableComponent } from '@ghostfolio/ui/activities-table';
 import { GfDialogFooterComponent } from '@ghostfolio/ui/dialog-footer';
@@ -233,10 +230,8 @@ export class GfAccountDetailDialogComponent implements OnInit {
 
   protected showValuesInPercentage() {
     return (
-      hasReadRestrictedAccessPermission({
-        accesses: this.user?.access,
-        impersonationId: this.data.impersonationId
-      }) || this.user?.settings?.isRestrictedView
+      !hasScope(this.user?.scopes, scopes.portfolioReadValues) ||
+      this.user?.settings?.isRestrictedView
     );
   }
 
diff --git a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts
index 8d1ac0ba9..b4fdd76d1 100644
--- a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts
+++ b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts
@@ -1,5 +1,6 @@
 import { Access } from '@ghostfolio/common/interfaces';
 
 export interface CreateOrUpdateAccessDialogParams {
-  access?: Access;
+  // TODO: Include the scopes once the dialog allows to configure them
+  access?: Omit<Access, 'scopes'>;
 }
diff --git a/apps/client/src/app/components/user-account-access/user-account-access.component.ts b/apps/client/src/app/components/user-account-access/user-account-access.component.ts
index c9d74b6b1..b481d160a 100644
--- a/apps/client/src/app/components/user-account-access/user-account-access.component.ts
+++ b/apps/client/src/app/components/user-account-access/user-account-access.component.ts
@@ -247,15 +247,18 @@ export class GfUserAccountAccessComponent implements OnInit {
   }
 
   private update() {
-    this.accessesGet = this.user.access.map(({ alias, id, permissions }) => {
-      return {
-        id,
-        permissions,
-        alias: alias ?? '',
-        grantee: $localize`Me`,
-        type: 'PRIVATE'
-      };
-    });
+    this.accessesGet = this.user.access.map(
+      ({ alias, id, permissions, scopes }) => {
+        return {
+          id,
+          permissions,
+          scopes,
+          alias: alias ?? '',
+          grantee: $localize`Me`,
+          type: 'PRIVATE'
+        };
+      }
+    );
 
     this.dataService
       .fetchAccesses()
diff --git a/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts b/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts
index be7d49bea..7d3c92645 100644
--- a/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts
+++ b/apps/client/src/app/pages/portfolio/allocations/allocations-page.component.ts
@@ -17,11 +17,8 @@ import {
   PortfolioPosition,
   User
 } from '@ghostfolio/common/interfaces';
-import {
-  hasPermission,
-  hasReadRestrictedAccessPermission,
-  permissions
-} from '@ghostfolio/common/permissions';
+import { hasPermission, permissions } from '@ghostfolio/common/permissions';
+import { hasScope, scopes } from '@ghostfolio/common/scopes';
 import { MarketAdvanced } from '@ghostfolio/common/types';
 import { translate } from '@ghostfolio/ui/i18n';
 import { GfPortfolioProportionChartComponent } from '@ghostfolio/ui/portfolio-proportion-chart';
@@ -229,10 +226,8 @@ export class GfAllocationsPageComponent implements OnInit {
 
   protected showValuesInPercentage() {
     return (
-      hasReadRestrictedAccessPermission({
-        accesses: this.user?.access,
-        impersonationId: this.impersonationId
-      }) || this.user?.settings?.isRestrictedView
+      !hasScope(this.user?.scopes, scopes.portfolioReadValues) ||
+      this.user?.settings?.isRestrictedView
     );
   }
 
diff --git a/apps/client/src/app/pages/portfolio/analysis/analysis-page.component.ts b/apps/client/src/app/pages/portfolio/analysis/analysis-page.component.ts
index 2c34dbcd7..970f1379c 100644
--- a/apps/client/src/app/pages/portfolio/analysis/analysis-page.component.ts
+++ b/apps/client/src/app/pages/portfolio/analysis/analysis-page.component.ts
@@ -1,6 +1,5 @@
 import { GfBenchmarkComparatorComponent } from '@ghostfolio/client/components/benchmark-comparator/benchmark-comparator.component';
 import { GfInvestmentChartComponent } from '@ghostfolio/client/components/investment-chart/investment-chart.component';
-import { ImpersonationStorageService } from '@ghostfolio/client/services/impersonation-storage.service';
 import { UserService } from '@ghostfolio/client/services/user/user.service';
 import {
   DEFAULT_DATE_RANGE,
@@ -15,11 +14,8 @@ import {
   PortfolioPosition,
   User
 } from '@ghostfolio/common/interfaces';
-import {
-  hasPermission,
-  hasReadRestrictedAccessPermission,
-  permissions
-} from '@ghostfolio/common/permissions';
+import { hasPermission, permissions } from '@ghostfolio/common/permissions';
+import { hasScope, scopes } from '@ghostfolio/common/scopes';
 import type {
   AiPromptMode,
   GroupBy,
@@ -88,7 +84,6 @@ export class GfAnalysisPageComponent implements OnInit {
   protected dividendsByGroup: InvestmentItem[];
   protected readonly dividendTimelineDataLabel = $localize`Dividend`;
   protected hasPermissionToReadAiPrompt: boolean;
-  protected impersonationId: string | null;
   protected investments: InvestmentItem[];
   protected readonly investmentTimelineDataLabel = $localize`Invested Capital`;
   protected investmentsByGroup: InvestmentItem[];
@@ -126,9 +121,6 @@ export class GfAnalysisPageComponent implements OnInit {
   private readonly dataService = inject(DataService);
   private readonly destroyRef = inject(DestroyRef);
   private readonly deviceDetectorService = inject(DeviceDetectorService);
-  private readonly impersonationStorageService = inject(
-    ImpersonationStorageService
-  );
   private readonly snackBar = inject(MatSnackBar);
   private readonly userService = inject(UserService);
 
@@ -150,15 +142,6 @@ export class GfAnalysisPageComponent implements OnInit {
   }
 
   public ngOnInit() {
-    this.impersonationStorageService
-      .onChangeHasImpersonation()
-      .pipe(takeUntilDestroyed(this.destroyRef))
-      .subscribe((impersonationId) => {
-        this.impersonationId = impersonationId;
-
-        this.changeDetectorRef.markForCheck();
-      });
-
     this.userService.stateChanged
       .pipe(takeUntilDestroyed(this.destroyRef))
       .subscribe((state) => {
@@ -247,10 +230,8 @@ export class GfAnalysisPageComponent implements OnInit {
 
   protected showValuesInPercentage() {
     return (
-      hasReadRestrictedAccessPermission({
-        accesses: this.user?.access,
-        impersonationId: this.impersonationId
-      }) || this.user?.settings?.isRestrictedView
+      !hasScope(this.user?.scopes, scopes.portfolioReadValues) ||
+      this.user?.settings?.isRestrictedView
     );
   }
 
diff --git a/libs/common/src/lib/dtos/create-access.dto.ts b/libs/common/src/lib/dtos/create-access.dto.ts
index d4ba94fd2..370b1a2f8 100644
--- a/libs/common/src/lib/dtos/create-access.dto.ts
+++ b/libs/common/src/lib/dtos/create-access.dto.ts
@@ -16,6 +16,9 @@ export class CreateAccessDto {
   @IsUUID()
   granteeUserId?: string;
 
+  /**
+   * @deprecated Use the scopes instead
+   */
   @IsEnum(AccessPermission, { each: true })
   @IsOptional()
   permissions?: AccessPermission[];
diff --git a/libs/common/src/lib/dtos/update-access.dto.ts b/libs/common/src/lib/dtos/update-access.dto.ts
index b5ed1db61..57d8fe9c0 100644
--- a/libs/common/src/lib/dtos/update-access.dto.ts
+++ b/libs/common/src/lib/dtos/update-access.dto.ts
@@ -19,6 +19,9 @@ export class UpdateAccessDto {
   @IsString()
   id: string;
 
+  /**
+   * @deprecated Use the scopes instead
+   */
   @IsEnum(AccessPermission, { each: true })
   @IsOptional()
   permissions?: AccessPermission[];
diff --git a/libs/common/src/lib/interfaces/access.interface.ts b/libs/common/src/lib/interfaces/access.interface.ts
index 6b361d0b9..819dc60eb 100644
--- a/libs/common/src/lib/interfaces/access.interface.ts
+++ b/libs/common/src/lib/interfaces/access.interface.ts
@@ -8,7 +8,13 @@ export interface Access {
   alias: string | null;
   grantee?: string;
   id: string;
+
+  /**
+   * @deprecated Use the scopes instead
+   */
   permissions: AccessPermission[];
+
+  scopes: string[];
   settings?: AccessSettings;
   type: AccessType;
 }
diff --git a/libs/common/src/lib/interfaces/user.interface.ts b/libs/common/src/lib/interfaces/user.interface.ts
index 619d4ee71..8ce8cbaa6 100644
--- a/libs/common/src/lib/interfaces/user.interface.ts
+++ b/libs/common/src/lib/interfaces/user.interface.ts
@@ -10,13 +10,14 @@ import { UserSettings } from './user-settings.interface';
 
 // TODO: Compare with UserWithSettings
 export interface User {
-  access: Pick<Access, 'alias' | 'id' | 'permissions'>[];
+  access: Pick<Access, 'alias' | 'id' | 'permissions' | 'scopes'>[];
   accounts: AccountWithPlatform[];
   activitiesCount: number;
   dateOfFirstActivity: Date;
   id: string;
   permissions: string[];
   referralPartners?: ReferralPartner[];
+  scopes: string[];
   settings: UserSettings;
   systemMessage?: SystemMessage;
   subscription: {
diff --git a/libs/common/src/lib/permissions.ts b/libs/common/src/lib/permissions.ts
index 6dab85dad..8771f51dd 100644
--- a/libs/common/src/lib/permissions.ts
+++ b/libs/common/src/lib/permissions.ts
@@ -1,6 +1,6 @@
 import { UserWithSettings } from '@ghostfolio/common/types';
 
-import { Access, Role } from '@prisma/client';
+import { Role } from '@prisma/client';
 
 export const permissions = {
   accessAdminControl: 'accessAdminControl',
@@ -198,24 +198,6 @@ export function hasPermission(
   return aPermissions.includes(aPermission);
 }
 
-export function hasReadRestrictedAccessPermission({
-  accesses = [],
-  impersonationId
-}: {
-  accesses?: Pick<Access, 'id' | 'permissions'>[];
-  impersonationId: string | null;
-}) {
-  if (!impersonationId) {
-    return false;
-  }
-
-  const access = accesses.find(({ id }) => {
-    return id === impersonationId;
-  });
-
-  return access?.permissions?.includes('READ_RESTRICTED') ?? true;
-}
-
 export function hasRole(aUser: UserWithSettings, aRole: Role) {
   return aUser?.role === aRole;
 }
diff --git a/libs/common/src/lib/scopes.spec.ts b/libs/common/src/lib/scopes.spec.ts
new file mode 100644
index 000000000..feac97028
--- /dev/null
+++ b/libs/common/src/lib/scopes.spec.ts
@@ -0,0 +1,130 @@
+import {
+  getScopesOfAccess,
+  getScopesOfOwnAccess,
+  getScopesOfUnrestrictedImpersonation,
+  hasScope,
+  scopes
+} from '@ghostfolio/common/scopes';
+
+describe('Scopes', () => {
+  describe('Get scopes of access', () => {
+    it('Scopes take precedence over the permissions', () => {
+      expect(
+        getScopesOfAccess({
+          granteeUserId: 'ffb08949-2f8a-4b6e-88fd-0f1e6b6b5f5d',
+          permissions: ['READ'],
+          scopes: [scopes.portfolioRead]
+        })
+      ).toEqual([scopes.portfolioRead]);
+    });
+
+    it('Derive from the permission to read', () => {
+      // An access created before the scopes have been introduced has no scopes
+      expect(
+        getScopesOfAccess({
+          granteeUserId: 'ffb08949-2f8a-4b6e-88fd-0f1e6b6b5f5d',
+          permissions: ['READ'],
+          scopes: []
+        })
+      ).toContain(scopes.portfolioReadValues);
+    });
+
+    it('Derive from the permission to read restricted', () => {
+      expect(
+        getScopesOfAccess({
+          granteeUserId: 'ffb08949-2f8a-4b6e-88fd-0f1e6b6b5f5d',
+          permissions: ['READ_RESTRICTED'],
+          scopes: []
+        })
+      ).not.toContain(scopes.portfolioReadValues);
+    });
+
+    it('Without permissions and scopes', () => {
+      expect(
+        getScopesOfAccess({
+          granteeUserId: 'ffb08949-2f8a-4b6e-88fd-0f1e6b6b5f5d'
+        })
+      ).not.toContain(scopes.portfolioReadValues);
+    });
+  });
+
+  describe('Get scopes of public access', () => {
+    it('Allows reading the portfolio', () => {
+      expect(getScopesOfAccess({ permissions: ['READ_RESTRICTED'] })).toContain(
+        scopes.portfolioRead
+      );
+    });
+
+    it('Excludes the accounts and the watchlist', () => {
+      const scopesOfAccess = getScopesOfAccess({
+        permissions: ['READ_RESTRICTED']
+      });
+
+      expect(scopesOfAccess).not.toContain(scopes.accountRead);
+      expect(scopesOfAccess).not.toContain(scopes.watchlistRead);
+    });
+
+    it('Cannot be widened by the scopes', () => {
+      expect(
+        getScopesOfAccess({
+          scopes: [
+            scopes.portfolioRead,
+            scopes.portfolioReadValues,
+            scopes.watchlistRead
+          ]
+        })
+      ).toEqual([scopes.portfolioRead]);
+    });
+
+    it('Cannot be widened by the permission to read', () => {
+      expect(getScopesOfAccess({ permissions: ['READ'] })).not.toContain(
+        scopes.portfolioReadValues
+      );
+    });
+  });
+
+  describe('Get scopes of own access', () => {
+    // A new scope has to be added here deliberately to confirm that it is
+    // granted to the owner of the data
+    it('Covers every scope', () => {
+      expect(getScopesOfOwnAccess()).toEqual([
+        scopes.accountRead,
+        scopes.activityRead,
+        scopes.portfolioRead,
+        scopes.portfolioReadValues,
+        scopes.watchlistRead
+      ]);
+    });
+  });
+
+  describe('Get scopes of unrestricted impersonation', () => {
+    // A new scope has to be added here deliberately to confirm that it is
+    // granted to an administrator impersonating an arbitrary user
+    it('Covers every scope but the monetary values', () => {
+      expect(getScopesOfUnrestrictedImpersonation()).toEqual([
+        scopes.accountRead,
+        scopes.activityRead,
+        scopes.portfolioRead,
+        scopes.watchlistRead
+      ]);
+    });
+  });
+
+  describe('Has scope', () => {
+    it('Present scope', () => {
+      expect(hasScope([scopes.portfolioRead], scopes.portfolioRead)).toEqual(
+        true
+      );
+    });
+
+    it('Absent scope', () => {
+      expect(
+        hasScope([scopes.portfolioRead], scopes.portfolioReadValues)
+      ).toEqual(false);
+    });
+
+    it('Without scopes', () => {
+      expect(hasScope(undefined, scopes.portfolioRead)).toEqual(false);
+    });
+  });
+});
diff --git a/libs/common/src/lib/scopes.ts b/libs/common/src/lib/scopes.ts
new file mode 100644
index 000000000..fda81b4a9
--- /dev/null
+++ b/libs/common/src/lib/scopes.ts
@@ -0,0 +1,78 @@
+import { AccessPermission } from '@prisma/client';
+
+/**
+ * Scopes describe what a grantee may do on behalf of the granting user. They
+ * are a separate axis from the permissions, which describe the capabilities of
+ * a role. Both are evaluated, hence a delegation can only narrow the access of
+ * the authenticated user and never widen it.
+ */
+export const scopes = {
+  accountRead: 'account:read',
+  activityRead: 'activity:read',
+  portfolioRead: 'portfolio:read',
+  portfolioReadValues: 'portfolio:read:values',
+  watchlistRead: 'watchlist:read'
+} as const;
+
+export type Scope = (typeof scopes)[keyof typeof scopes];
+
+const SCOPES_OF_PUBLIC_ACCESS: Scope[] = [
+  scopes.activityRead,
+  scopes.portfolioRead
+];
+
+const SCOPES_OF_READ_ACCESS = Object.values(scopes);
+
+const SCOPES_OF_READ_RESTRICTED_ACCESS = SCOPES_OF_READ_ACCESS.filter(
+  (scope) => {
+    return scope !== scopes.portfolioReadValues;
+  }
+);
+
+export function getScopesOfAccess({
+  granteeUserId,
+  permissions,
+  scopes: scopesOfAccess
+}: {
+  granteeUserId?: string | null;
+  permissions?: AccessPermission[];
+  scopes?: string[];
+}): string[] {
+  if (!scopesOfAccess?.length) {
+    // TODO: Remove the derivation from the permissions once they have been
+    // dropped from the access
+    scopesOfAccess = permissions?.includes('READ')
+      ? SCOPES_OF_READ_ACCESS
+      : SCOPES_OF_READ_RESTRICTED_ACCESS;
+  }
+
+  if (granteeUserId) {
+    return [...scopesOfAccess];
+  }
+
+  // An access which has not been granted to a user is public, hence it is
+  // narrowed to the scopes exposed by the public endpoints
+  return SCOPES_OF_PUBLIC_ACCESS.filter((scope) => {
+    return scopesOfAccess.includes(scope);
+  });
+}
+
+/**
+ * Scopes of a user acting on their own data, which is unrestricted. The
+ * permissions of the role are evaluated separately.
+ */
+export function getScopesOfOwnAccess(): string[] {
+  return Object.values(scopes);
+}
+
+/**
+ * Scopes of an administrator impersonating an arbitrary user, which excludes
+ * the monetary values
+ */
+export function getScopesOfUnrestrictedImpersonation(): string[] {
+  return [...SCOPES_OF_READ_RESTRICTED_ACCESS];
+}
+
+export function hasScope(aScopes: string[] = [], aScope: Scope) {
+  return aScopes.includes(aScope);
+}
diff --git a/libs/common/src/lib/types/impersonation-context.type.ts b/libs/common/src/lib/types/impersonation-context.type.ts
index f5afb6bc7..8bdfb9bb3 100644
--- a/libs/common/src/lib/types/impersonation-context.type.ts
+++ b/libs/common/src/lib/types/impersonation-context.type.ts
@@ -8,6 +8,7 @@ import { UserSettings } from '@ghostfolio/common/interfaces';
 export interface ImpersonationContext {
   accessId?: string;
   isActive: boolean;
+  scopes: string[];
   userId: string;
   userSettings: UserSettings;
 }
diff --git a/libs/common/src/lib/types/user-with-settings.type.ts b/libs/common/src/lib/types/user-with-settings.type.ts
index 3c6adfec0..37b2b83e9 100644
--- a/libs/common/src/lib/types/user-with-settings.type.ts
+++ b/libs/common/src/lib/types/user-with-settings.type.ts
@@ -1,11 +1,10 @@
 import { SubscriptionType } from '@ghostfolio/common/enums';
 import { SubscriptionOffer, UserSettings } from '@ghostfolio/common/interfaces';
 
-import { Access, Account, Settings, User } from '@prisma/client';
+import { Account, Settings, User } from '@prisma/client';
 
 // TODO: Compare with User interface
 export type UserWithSettings = User & {
-  accessesGet: Access[];
   accounts: Account[];
   activityCount: number;
   dataProviderGhostfolioDailyRequests: number;
diff --git a/prisma/migrations/20260815130000_added_scopes_to_access/migration.sql b/prisma/migrations/20260815130000_added_scopes_to_access/migration.sql
new file mode 100644
index 000000000..11f344421
--- /dev/null
+++ b/prisma/migrations/20260815130000_added_scopes_to_access/migration.sql
@@ -0,0 +1,24 @@
+-- AlterTable
+ALTER TABLE "Access" ADD COLUMN "scopes" TEXT[] DEFAULT ARRAY[]::TEXT[];
+
+-- Derive the scopes from the permissions of the existing accesses
+UPDATE "Access"
+SET "scopes" = CASE
+  WHEN "granteeUserId" IS NULL THEN ARRAY[
+    'activity:read',
+    'portfolio:read'
+  ]
+  WHEN 'READ' = ANY("permissions") THEN ARRAY[
+    'account:read',
+    'activity:read',
+    'portfolio:read',
+    'portfolio:read:values',
+    'watchlist:read'
+  ]
+  ELSE ARRAY[
+    'account:read',
+    'activity:read',
+    'portfolio:read',
+    'watchlist:read'
+  ]
+END;
diff --git a/prisma/schema.prisma b/prisma/schema.prisma
index edfe783da..ca394887f 100644
--- a/prisma/schema.prisma
+++ b/prisma/schema.prisma
@@ -14,7 +14,9 @@ model Access {
   granteeUser   User?              @relation("accessGet", fields: [granteeUserId], onDelete: Cascade, references: [id])
   granteeUserId String?
   id            String             @id @default(uuid())
+  /// @deprecated Use the scopes instead
   permissions   AccessPermission[] @default([READ_RESTRICTED])
+  scopes        String[]           @default([])
   settings      Json               @default("{}")
   updatedAt     DateTime           @updatedAt
   userId        String