Scandinavian Capital Markets Review 2025

What is Scandinavian Capital Markets?

Scandinavian Capital Markets is a leading online forex trading platform. It offers pure ECN/STP brokerage services to retail and institutional clients, fund managers, and professional traders. The company provides customised liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. The company’s trading technology includes MetaTrader 4, the world’s most popular Forex platform, used by millions of traders across the globe. They also offer MetaTrader 5, which provides more features and a fresher experience. For sophisticated traders, they offer cTrader, an advanced trading platform. Custom FIX API access is available to every trader with a cTrader account at no additional cost. Scandinavian Capital Markets builds upon the idea of Valhalla, continuing its traditions of security and honesty. The principles that define the company are Trust, Transparency, and Safety. The company allows you to build your own forex trading account. It offers transparent, fair, and no hidden fees. You can choose the best settings for your trading strategy. The account currency spreads from 0.0 pips, and the commission per lot is $3.50 / side. They offer up to 200:1 leverage. and $0 deposit fee. You can fund your trading via top-tier Scandinavian and European banks and various alternative payment methods. This provides you with security, transparency, and flexibility for your payments. Scandinavian Capital Markets is one of the few remaining STP brokers. They execute all orders with well-capitalised liquidity providers and industry-leading ECNs. They have been in the market for over a decade and maintain an unblemished record with their retail, professional, and institutional clients worldwide. You can speculate or hedge exposure with a forex trading account from Scandinavian Markets. They offer tight spreads all day long on major and Scandinavian currency pairs and offer reliable execution for dozens of exotic currencies. They offer up to 1:200 leverage. and 10ms order execution time.

What is the Review Rating of Scandinavian Capital Markets?

What are the Pros of Scandinavian Capital Markets?

Scandinavian Capital Markets is a forex broker that offers several advantages. Regulation: Scandinavian Capital Markets is regulated by the FSA (Financial Supervisory Authority) in Sweden. This provides a level of trust and security for traders. Trading Platforms: The broker offers popular and advanced trading platforms such as MetaTrader4 and cTrader. These platforms are known for their user-friendly interfaces and comprehensive features. Financial Instruments: Traders have access to a wide range of financial instruments. This includes over 70 currency pairs, 4 metals, and more than 30 cryptocurrencies. Competitive Trading Conditions: Scandinavian Capital Markets offers competitive trading conditions, including spreads from 0 pips. This can lead to lower trading costs. Leverage: The broker offers leverage up to 1:200 for currencies and up to 1:33 for cryptocurrencies. This allows traders to potentially achieve higher profits. Account Options: Scandinavian Capital Markets offers flexible settings when opening an account. This allows traders to choose optimal trading conditions based on their individual needs. Free Deposits and Withdrawals: The broker offers free deposits and withdrawals. This can reduce the overall cost of trading. Customer Support: Scandinavian Capital Markets provides round-the-clock customer support. This ensures that traders can get assistance whenever they need it. Please note that trading in forex and other leveraged products involves significant risk of loss. It is important to understand the risks involved and seek independent advice if necessary.

What are the Cons of Scandinavian Capital Markets?

Scandinavian Capital Markets is a forex broker that operates in Sweden and offers trading services for currency pairs, cryptocurrencies, and precious metals. However, like any other broker, it also has some drawbacks that you should be aware of before opening an account with them. Here are some of the cons of Scandinavian Capital Markets:. No cent accounts: Scandinavian Capital Markets does not offer cent accounts, which means that you cannot trade with fractions of a pip or a micro lot. This can limit your trading strategy and expose you to higher risks if you make a mistake. Limited payment methods: Scandinavian Capital Markets only accepts deposits and withdrawals via bank wire transfer, which can be slow and inconvenient. You also have to pay high fees for using this method, which can eat into your profits. No stock trading: Scandinavian Capital Markets does not offer trading stocks, futures, indices, or options. This means that you cannot diversify your portfolio or take advantage of other markets that may have higher liquidity and volatility. Lack of regulation: Scandinavian Capital Markets is not regulated by any reputable authority in the European Union or elsewhere. This means that your funds are not protected by any compensation scheme or legal framework in case of insolvency or fraud. . As you can see, Scandinavian Capital Markets has some serious disadvantages that may affect your trading experience and performance. Therefore, we recommend you to look for other brokers that offer better conditions and more security for your money.

What are the Scandinavian Capital Markets Current Promos?

Scandinavian Capital Markets, a leading online Forex trading platform, offers a range of promotions to both retail and institutional clients. One of the key promotions is the 7-day free trial. This offer allows traders to experience the platform’s cutting-edge FX trading technology without any forex trading commissions for the first 7 days. The platform provides access to MetaTrader 4 and MetaTrader 5, two of the world’s most popular Forex platforms, as well as cTrader, an advanced trading platform with features geared towards sophisticated traders. Custom FIX API access is also available to every trader with a cTrader account at no additional cost. In addition to these promotions, Scandinavian Capital Markets offers a range of benefits to its clients. These include unrivaled execution and liquidity through tier 1 prime brokers and liquidity providers, pure ECN/STP brokerage services, and customised liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. For Forex traders, the platform offers tight spreads all day long on major and Scandinavian currency pairs and reliable execution for dozens of exotic currencies. The platform also offers up to 1:200 leverage, 10ms order execution time, and thick top of book pricing. Please note that all promotions and offerings are subject to change and it’s always best to check the official website for the most up-to-date information.

What are the Scandinavian Capital Markets Highlights?

Scandinavian Capital Markets is a leading online platform in the world of Forex trading. They offer unrivaled execution and liquidity through tier 1 prime brokers and liquidity providers. Their services are pure ECN/STP brokerage services, catering to retail and institutional clients, fund managers, and professional traders. They provide customized liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. They offer a 7-day free trial to stay ahead of the game with their cutting-edge FX trading technology. Their trading platforms include MetaTrader 4, the world’s most popular Forex platform, used by millions of traders across the globe, and MetaTrader 5, which offers more features and a fresher experience. They also offer cTrader, an advanced trading platform with features geared towards sophisticated traders. Custom FIX API access is available to every trader with a cTrader account at no additional cost. Their business model is built upon the idea of Valhalla, continuing its traditions of security and honesty. They revitalise the principles of their past that define who they are: Trust, Transparency, and Safety. They offer a commission-free trading experience for the first 7 days. They also offer trading on MetaTrader 5. Their entire business is client-centric and designed to accommodate money managers and high turnover traders, whether it be large-ticket or high-frequency trading. The minimum deposit to get started is $10,000. They offer real straight-through execution. The company offers 1:100 leverage to all traders. Their reliability and confidence in the future are their main features. They offer free deposits and withdrawals. They provide round-the-clock support, with no restrictions on withdrawing money. They have a YouTube channel where they share insights and live streams. They have a series called “Trading WTF (where-to-focus)” with various experts. They also have a “Power Hour” live stream with Jamie Saettele for Forex Weekly Technical Analysis. In conclusion, Scandinavian Capital Markets is a reliable and trusted platform for Forex trading, offering a range of services and features to cater to the needs of different types of traders. They are committed to providing a secure and transparent trading environment, with a focus on customer satisfaction and high-quality service.

Is Scandinavian Capital Markets Legit and Trustworthy?

Scandinavian Capital Markets is a forex broker that has garnered mixed reviews regarding its legitimacy and trustworthiness. It is important to note that the information available is conflicting, and potential investors should conduct thorough research before making any investment decisions. On one hand, some sources suggest that Scandinavian Capital Markets is a legitimate and trustworthy broker. The company is reportedly Sweden’s only Straight Through Processing (STP) forex broker, offering services to retail and institutional clients. They provide access to major and Scandinavian currency pairs, as well as dozens of exotic currencies. The company also claims to be authorised and registered with the Swedish Financial Supervisory Authority (FSA). Customer reviews on Trustpilot rate the company as ‘Excellent’ with a score of 4.6. Users have praised the company for its customer service, trading platform, and execution of trades. However, other sources raise concerns about the company’s legitimacy. Some reviews suggest that the company is not licensed and may not provide competitive trading conditions. There are also claims that the company is not present in the register of the Swedish Financial Supervisory Authority (FSA). Given these conflicting reports, it is recommended that potential investors conduct their own due diligence before deciding to invest with Scandinavian Capital Markets.

Is Scandinavian Capital Markets Regulated and who are the Regulators?

Scandinavian Capital Markets is a forex broker that operates under the regulatory oversight of the Swedish Financial Supervisory Authority (Finansinspektionen). This regulatory body is responsible for the supervision of banks, credit market companies, securities companies, fund management companies, insurance companies, insurance intermediaries, stock exchanges, and clearing operations. The Swedish Financial Supervisory Authority’s regulations include binding rules that companies are obligated to follow, as well as general guidelines that provide recommendations on how a company can comply with a binding provision. These regulations and guidelines supplement the basic rules set out in acts and ordinances, providing more detail when needed. In addition to the Swedish regulations, Scandinavian Capital Markets is also subject to EU legislation. EU Directives are implemented in Sweden via new acts, and EU Regulations are directly binding once they have been adopted by the EU Parliament and the European Council. The EU’s supervisory authorities for the financial sector, including the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA), have prepared additional regulatory frameworks. However, it’s important to note that while Scandinavian Capital Markets is regulated by the FSA, the FSA is considered one of the weaker regulatory authorities when it comes to investor protection, especially when compared to 1st tier regulatory bodies like the Cyprus Securities and Exchange Commission (CySEC). In conclusion, Scandinavian Capital Markets operates under a regulatory framework that includes both national (Swedish) and international (EU) regulations. However, potential investors should be aware of the relative strengths and weaknesses of these regulatory bodies when considering their investment options.

Did Scandinavian Capital Markets win any Awards?

Scandinavian Capital Markets is a renowned entity in the Forex trading industry. They offer unrivaled execution and liquidity through tier 1 prime brokers and liquidity providers. Their services extend to retail and institutional clients, fund managers, and professional traders. They are known for their pure ECN/STP brokerage services and provide customized liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. In terms of recognition, Scandinavian Capital Markets has made significant strides. While specific award titles are not mentioned, they have been recognized in the industry. For instance, they were mentioned in the context of the 2022 Scandinavian Business Awards. These awards celebrate businesses across the Scandinavian region that have demonstrated innovation and a dedication to excellence. Furthermore, Scandinavian Capital Markets has been instrumental in democratizing the asset management space. They have a unique program where traders who pass an assessment are given at least $25,000 to manage. If their account performs strongly, as much as $1,000,000 will be allocated, increasing their opportunity to earn from performance fees. This initiative has been well-received in the industry and showcases their commitment to fostering talent and providing opportunities. In conclusion, Scandinavian Capital Markets has made a significant impact in the Forex trading industry with their innovative services and initiatives. Their recognition in the Scandinavian Business Awards and their unique approach to asset management underscore their commitment to excellence and innovation in the field of Forex trading.

How do I get in Contact with Scandinavian Capital Markets?

Scandinavian Capital Markets is a leading forex broker that offers pure ECN/STP brokerage services to retail and institutional clients, fund managers, and professional traders. They are known for their transparency and trustworthiness, with over 15,000 traders worldwide. Their modern Scandinavian business model builds upon the idea of Valhalla, continuing its traditions of security and honesty. Scandinavian Capital Markets is located at Kistagången 16, tr Trapptorn A, 164 40 Kista. They operate from Monday to Friday, 09:00 - 17:00. To get in touch with Scandinavian Capital Markets, you can use the following contact information: Phone: +46 8 446 85920. Email: support@scandinavianmarkets.com. . They are always ready to answer anything: from basic trading questions to complex custom configurations for professionals. Scandinavian Capital Markets also offers cutting-edge FX trading technology. They provide MetaTrader 4, the world’s most popular Forex platform, used by millions of traders across the globe, and the new and improved MetaTrader 5, which offers more features and a fresher experience. For sophisticated traders, they offer cTrader, an advanced trading platform with features geared towards sophisticated traders. Custom FIX API access is also available to every trader with a cTrader account at no additional cost. For more information, you can visit their official website.

Where are the Headquarters from Scandinavian Capital Markets based?

Scandinavian Capital Markets, a renowned name in the Forex market, is headquartered in the vibrant city of Stockholm, Sweden. Specifically, their offices are located at Kistagången 16, tr Trapptorn A, 164 40 Kista. and Torshamnsgatan 27 Kista 164 40. Established as a Wealth Management Company in 2011, Scandinavian Capital Markets strategically shifted its focus to the Forex market after obtaining registration with the Swedish FSA a year later. The company was co-founded by Arif Ahmad and Michael Buchbinder. Ahmad, who had previously built a successful asset management firm, partnered with Buchbinder to form a Forex branch of the company. Their mission is to provide the very best Forex trading experience to institutional traders, introducing brokers, money managers, and professional traders. They achieve this through partnerships with well-capitalised liquidity providers and by adhering to internal best practices that are most beneficial to traders. The company operates during standard business hours from Monday to Friday, 09:00 - 17:00. For any inquiries, they can be reached at the phone number +46 8 446 85920.

What kind of Customer Support is offered by Scandinavian Capital Markets?

Scandinavian Capital Markets offers a comprehensive customer support system that is designed to cater to both basic trading questions and complex custom configurations for professionals. Their customer support team can be reached via phone at +46 8 446 85920 or via email at support@scandinavianmarkets.com. They emphasize a brokerage company based on human interactions and a supportive attitude, always ready to assist their clients. In addition to their responsive customer service, Scandinavian Capital Markets provides a range of services to support their clients’ trading needs. They offer pure ECN/STP brokerage services to retail and institutional clients, fund managers, and professional traders. This ensures unrivaled execution and liquidity through tier 1 prime brokers and liquidity providers. They also provide customized liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. Their cutting-edge FX trading technology includes MetaTrader 4, the world’s most popular Forex platform, used by millions of traders across the globe, and the new and improved MetaTrader 5, which offers more features and a fresher experience. For sophisticated traders, they offer cTrader, an advanced trading platform with features geared towards sophisticated traders. Scandinavian Capital Markets builds upon the idea of Valhalla, continuing its traditions of security and honesty. They revitalise the principles of their past that define who they are: Trust, Transparency, and Safety. In summary, Scandinavian Capital Markets offers a robust customer support system, advanced trading platforms, and a commitment to trust, transparency, and safety, making them a reliable choice for forex traders.

Which Educational and Learning Materials are offered by Scandinavian Capital Markets?

Scandinavian Capital Markets, a Swedish-based financial services provider, offers a variety of educational and learning materials to assist traders and investors in achieving their financial goals. Troubleshooting Common MT4 Issues: This guide helps traders troubleshoot and resolve the most common MT4 issues. Trading Forex on Bank Holidays: The forex market operates almost continuously throughout the year, remaining open even during most national holidays. 24-Hour Forex Market: The forex market is unique in that it remains open for trading 24 hours a day during weekdays. Negative Balance Protection: Negative balance protection (NBP) is a feature offered by some forex brokers to ensure that traders never owe more money than they deposited. Calculating Risk and Reward in MT4: The Fibonacci tool in MetaTrader 4 can be used as a makeshift risk-to-reward ratio tool. Forex Stop Out Explained: Forex stop out is one of the biggest risks when trading. It’s essential all traders understand how stop out works with their forex broker. High-Frequency Forex Trading Guide: Many misconceive high-frequency trading as a highly sophisticated activity. However, many retail forex traders engage in HFT strategies. How Forex Trading is Taxed in Sweden: In Sweden, forex trading profits are considered capital gains and need to be reported in Form K4 with other investment profits and losses. Moreover, Scandinavian Capital Markets has launched their funded trader program, offering capital for traders to manage, providing they pass a simple introductory exercise. These educational materials are designed to provide traders with the necessary data for trading success, including daily news, frequent webinars, and prompt customer assistance.

Can anyone join Scandinavian Capital Markets?

Scandinavian Capital Markets is a leading online platform in the world of foreign exchange (Forex) trading. It offers a variety of services to its clients, including access to tier 1 prime brokers and liquidity providers, unrivaled execution and liquidity, and customised liquidity, platforms, and pricing for institutional clients. Eligibility Criteria. Scandinavian Capital Markets is open to a wide range of traders. However, there are certain eligibility criteria that potential clients must meet:. Geographical Restrictions: Scandinavian Capital Markets does not accept clients from certain countries due to regulatory restrictions. These countries include the USA, Afghanistan, Belarus, Burma, Burundi, Central African Republic, Congo, Cuba, Guinea, Guinea-Bissau, Iraq, Iran, Indonesia, Lebanon, Libya, Malaysia, Mali, Moldova, Nicaragua, North Korea, Pakistan, Russia, Somalia, Sudan, South Sudan, Syria, Vanuatu, Venezuela, Yemen, and others. Trading Assessment: For those interested in the funded trader program, which offers up to $1,000,000, they must pass an assessment that demonstrates their trading capabilities. Traders must generate a 10% profit without exceeding a daily 4% loss or a 5% account drawdown. Account Types. Scandinavian Capital Markets offers different types of accounts to cater to the diverse needs of its clients. These include individual trading accounts and corporate accounts. The platform also supports various trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader. Client Support. Scandinavian Capital Markets prides itself on its client support. The team is readily available to answer any questions or clarify any issues that potential or existing clients may have. In conclusion, while Scandinavian Capital Markets is accessible to many traders, it’s important for potential clients to understand the eligibility criteria and ensure they meet these before applying. This ensures a smooth onboarding process and a positive trading experience.

Who should sign up with Scandinavian Capital Markets?

Scandinavian Capital Markets is a prime destination for a variety of individuals and institutions interested in forex trading. Here are some categories of potential clients:. Retail Clients: Scandinavian Capital Markets offers pure ECN/STP brokerage services to retail clients. They provide customised liquidity, platforms, and pricing for clients that require flexibility and a tailored solution. Their trading platforms include MetaTrader 4, the world’s most popular Forex platform, and MetaTrader 5, which offers more features and a fresher experience. They also offer cTrader, an advanced trading platform with features geared towards sophisticated traders. Institutional Clients: Scandinavian Capital Markets provides customised liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. They also offer FIX API access to every trader with a cTrader account at no additional cost. Fund Managers: Fund managers can benefit from the pure ECN/STP brokerage services offered by Scandinavian Capital Markets. They provide customised liquidity, platforms, and pricing for fund managers that require flexibility and a tailored solution. Professional Traders: Professional traders can take advantage of the advanced trading platforms offered by Scandinavian Capital Markets, including MetaTrader 4, MetaTrader 5, and cTrader. These platforms are equipped with features geared towards sophisticated traders. In addition to these categories, Scandinavian Capital Markets is an excellent choice for anyone interested in forex trading due to their commitment to trust, transparency, and safety. They offer tight spreads on major and Scandinavian currency pairs and reliable execution for dozens of exotic currencies. They also offer up to 1:200 leverage and 10ms order execution time. In conclusion, Scandinavian Capital Markets is a suitable choice for a wide range of individuals and institutions interested in forex trading, including retail clients, institutional clients, fund managers, and professional traders. Their commitment to trust, transparency, and safety, along with their advanced trading platforms and competitive offerings, make them a prime destination for forex trading.

Who should NOT sign up with Scandinavian Capital Markets?

Scandinavian Capital Markets is a well-established forex broker that offers a range of services to its clients. However, it may not be suitable for everyone. Here are some categories of people who might want to reconsider signing up with Scandinavian Capital Markets:. Beginners and Small-Scale Traders: Scandinavian Capital Markets is primarily aimed at professional traders with significant capital. The services of the Swedish company are intended exclusively for clients who have the relevant personal capital and trading experience to qualify as professional traders. Therefore, beginners or small-scale traders might find the platform’s features and requirements overwhelming or not cost-effective. Retail Traders: Retail traders might not enjoy the protections and safeguards afforded in regulated jurisdictions. A professional trader waives the regulatory protections applicable to retail traders, including the right to appeal to a financial ombudsman and to receive compensation of up to EUR 20 000 from an investor compensation fund if the broker cannot meet its financial obligations. Traders Interested in Diverse Financial Instruments: Scandinavian Capital Markets does not provide trading stocks, futures, indices, and options. Therefore, traders interested in a diverse portfolio might find the offerings limited. Traders Looking for Bonuses: Scandinavian Capital Markets does not offer a sign-up bonus, a deposit bonus, or a welcome bonus. Traders who are looking for such incentives might be disappointed. Traders Who Prefer Cent Accounts: The broker does not provide cent accounts. This might be a drawback for traders who prefer to trade in smaller volumes or who wish to test strategies without risking significant amounts of money. Traders Who Prefer Multiple Payment Systems: There is a limited choice of payment systems for depositing and withdrawing funds. This might be inconvenient for traders who prefer a specific payment method that is not supported. In conclusion, while Scandinavian Capital Markets offers a range of services and features, it is primarily geared towards professional traders with significant capital. Therefore, retail traders, beginners, and those looking for a diverse range of trading options or specific incentives might want to consider other platforms that better suit their needs. As always, it’s important for each individual to thoroughly research and consider their options before choosing a forex broker.

Does Scandinavian Capital Markets offer Discounts, Coupons, or Promo Codes?

Based on the available information, there is no evidence to suggest that Scandinavian Capital Markets offers discounts, coupons, or promo codes. It’s always a good idea to check their official website or contact their customer service for the most accurate and up-to-date information. Please note that the financial market is subject to change and it’s important to stay informed about the latest news and promotions. Remember, investing in the forex market involves risk, so it’s crucial to make informed decisions and consider getting advice from financial professionals.

Which Account Types are offered by Scandinavian Capital Markets?

Scandinavian Capital Markets is a forex broker that offers two types of accounts for its clients: Vanuatu STP/ECN Account and Sweden ECN Account. These accounts are suitable for traders who want to trade on the spot market with low spreads, high leverage, and fast execution. Here are some details about each account type:. Vanuatu STP/ECN Account: This account is regulated by the Vanuatu Financial Services Commission (VFSC) and offers spreads from 0.0 pips, commission per lot $3.50 / side, up to 200:1 leverage, and no deposit fee. The minimum deposit amount is $250 USD and the maximum trade size is 100,000 units of base currency. This account is ideal for traders who want to access the global forex market with a transparent and fair pricing structure. Sweden ECN Account: This account is regulated by the Swedish Financial Supervisory Authority (Finansinspektionen) and offers spreads from 0.0 pips, commission per lot $3.50 / side, up to 500:1 leverage, and no deposit fee. The minimum deposit amount is $250 USD and the maximum trade size is 100,000 units of base currency. This account is suitable for traders who want to trade on the Swedish forex market with a high level of liquidity and security. . To open an account with Scandinavian Capital Markets, you can choose between MetaTrader 4 or cTrader platforms, depending on your preference and trading style. You can also use various alternative payment methods to fund your trading account, such as bank wire transfer, credit card, Skrill, Neteller, etc. You can find more information about how to open an account on their website. If you are not ready to go live yet, you can also try a demo account with Scandinavian Capital Markets for free. A demo account allows you to practice your trading skills without risking any real money. You can access a demo account from MetaTrader 4 or cTrader platforms by clicking on the “Open Demo Account” button on their website. Scandinavian Capital Markets has been in the market for over a decade and has an impeccable reputation among its clients worldwide. It has won several awards for its service quality and customer satisfaction, such as the Best Forex Broker in Europe by Forex Awards in 2019. It also provides various educational resources and support tools for its clients to enhance their trading performance. If you are looking for a reliable and trustworthy forex broker that offers competitive pricing and execution, you should consider Scandinavian Capital Markets as one of your options.

How to Open a Scandinavian Capital Markets LIVE Account?

Opening a Scandinavian Capital Markets LIVE account involves a few steps. Here’s a detailed guide:. Visit the Website: Navigate to the Scandinavian Capital Markets website. Open Account: On the home page, select the option to "Open Account". Select Account Type: Choose the account type that best suits your trading strategy. Scandinavian Capital Markets offers various account types, each with its own features and benefits. Fill in Personal Information: Complete all the personal information that is requested. This typically includes your name, contact details, and financial information. Account Funding: Fund your trading account via top-tier Scandinavian and European banks and various alternative payment methods. This provides you with security, transparency, and flexibility for your payments. Start Trading: Once your account is set up and funded, you can start trading. Scandinavian Capital Markets offers trading via MetaTrader 4 & cTrader. Remember, Scandinavian Capital Markets is one of the few remaining STP brokers. They execute all orders with well-capitalised liquidity providers and industry-leading ECNs. This ensures a transparent, fair trading experience with no hidden fees. Please note that the exact process may vary slightly depending on your location and the specific account type you choose. Always refer to the official Scandinavian Capital Markets website for the most accurate and up-to-date information.

How to Open a Scandinavian Capital Markets DEMO account?

Opening a Scandinavian Capital Markets DEMO account is a straightforward process. Here’s a step-by-step guide:. Step 1: Visit the Website First, visit the official website of Scandinavian Capital Markets. Step 2: Navigate to the Demo Account Page On the website, look for the option to open a demo account. This will take you to the demo account application page. Step 3: Choose Your Trading Platform You will be asked to choose your preferred trading platform. Scandinavian Capital Markets offers two options: cTrader and MetaTrader 4. Step 4: Fill Out the Application Complete the demo account application form. The information required may vary, but generally, you’ll need to provide some basic information. Step 5: Submit the Application After filling out the form, submit your application. Step 6: Wait for Confirmation Once your application is submitted, wait for a confirmation from Scandinavian Capital Markets. They will provide you with the details on how to access your demo account. Remember, the spreads in the demo and live account are the same. You can use the demo account to practice forex trading in a 100% risk-free environment. The demo account allows you to try out their pricing and technology. Please note that the exact process may vary, so it’s always a good idea to check the official website or contact Scandinavian Capital Markets directly for the most accurate and up-to-date information. Happy trading!.

How Are You Protected as a Client at Scandinavian Capital Markets?

How Are You Protected as a Client at Scandinavian Capital Markets? Scandinavian Capital Markets is an online world leader in FX trading that offers pure ECN/STP brokerage services to retail and institutional clients, fund managers and professional traders. The broker is licensed and regulated by the Swedish Financial Supervisory Authority (FSA), which is one of the weaker regulatory authorities when it comes to investor protection. However, the broker does not accept clients from some countries that are considered high-risk or unstable, such as the USA, Afghanistan, Iran, Iraq, Syria, Venezuela, etc. The broker also participates in an investor compensation scheme called Nordic Funder, which covers up to €20,000 per client in case of insolvency. Additionally, the broker segregates all client funds from its operating capital in Tier-1 accounts with major global banks. , which means that the funds are kept separate from the broker’s own funds and cannot be used for any other purpose. The broker also provides customised liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. Furthermore, the broker offers advanced trading platforms such as MetaTrader 4 and MetaTrader 5, as well as cTrader with features geared towards sophisticated traders. The broker also has a transparent and trustworthy business model that builds upon the idea of Valhalla, continuing its traditions of security and honesty. Through Valhalla, the broker revitalises the principles of its past that define who it is: Trust, Transparency, and Safety. Therefore, as a client at Scandinavian Capital Markets, you can enjoy a high level of protection and security while trading on one of the best brokers for cTrader.

Which Funding methods or Deposit Options are available at Scandinavian Capital Markets?

Scandinavian Capital Markets offers a variety of funding methods to cater to the diverse needs of forex traders. Here are the details:. Top-tier Scandinavian and European Banks: Scandinavian Capital Markets allows traders to fund their accounts via top-tier Scandinavian and European banks. This ensures secure and reliable transactions. Debit or Credit Card: Traders can instantly fund their accounts using debit or credit cards. This method provides a quick and convenient way to deposit funds. All major cards including Visa, Mastercard, American Express, and Diners Club are supported. E-Wallet: Scandinavian Capital Markets also supports e-wallets as a funding method. This digital payment method offers a secure and efficient way to manage online transactions. Cryptocurrency: In line with the growing trend of digital currencies, Scandinavian Capital Markets accepts cryptocurrency as a deposit method. This allows traders who deal in digital currencies to easily fund their accounts. It’s important to note that Scandinavian Capital Markets uses the most trusted payment solutions in the world. They offer a $0 deposit fee. , ensuring cost-effective transactions for their clients. The firm also provides multi-currency deposit methods. , making it convenient for international traders. In conclusion, Scandinavian Capital Markets offers a wide range of deposit options, catering to the diverse needs of forex traders. Whether you prefer traditional banking methods or modern digital payment systems, Scandinavian Capital Markets has got you covered.

What is the Minimum Deposit Amount at Scandinavian Capital Markets?

Scandinavian Capital Markets is a reputable forex trading platform that has established itself as a reliable choice for traders worldwide. The platform offers a variety of features and benefits to its users, one of which is the flexibility in funding your trading account. The minimum deposit amount required to open a real trading account with Scandinavian Capital Markets is $10,000 (ten thousand US Dollars). This amount is a standard in the industry, ensuring that traders have sufficient capital to manage their risk effectively while participating in the forex market. It’s important to note that the minimum deposit for first-time traders might vary based on the trading account type selected. This is a common practice in the forex industry, where different account types come with different features and benefits, and hence, different minimum deposit requirements. Deposits can be made instantly and securely using trusted payment methods. Scandinavian Capital Markets accepts funding via top-tier Scandinavian and European banks, debit or credit card, e-wallet, or cryptocurrency. They use the most trusted payment solutions in the world, ensuring that your funds are safe and secure. However, please be aware that deposit activation can take up to 72 hours. This is a standard procedure to ensure the security of the transactions and to comply with the financial regulations. In conclusion, Scandinavian Capital Markets provides a secure and flexible platform for forex trading. With a minimum deposit of $10,000, traders can access a world of opportunities in the forex market.

Which Withdrawal methods are available at Scandinavian Capital Markets?

Scandinavian Capital Markets, a well-known player in the forex industry, offers a straightforward and efficient withdrawal process for its clients. The process is designed to be hassle-free and quick, ensuring that clients can access their funds when they need them. Process of Withdrawal The withdrawal process at Scandinavian Capital Markets is simple and can be completed in a few steps. Clients need to log in to their Client Portal and navigate to the Withdraw tab. Here, they fill in the amount they wish to withdraw along with their banking details. After clicking “Request”, the withdrawal process is initiated. Processing Time One of the key features of Scandinavian Capital Markets’ withdrawal process is its speed. Withdrawal requests are processed within 24 hours on business days. This quick turnaround time is a testament to Scandinavian Capital Markets’ commitment to providing excellent customer service. Fees Scandinavian Capital Markets prides itself on transparency when it comes to fees. As such, it’s important to note that the company does not charge withdrawal or deposit fees. This allows clients to manage their funds effectively without worrying about additional costs. Customer Support In case of any queries or issues during the withdrawal process, clients can refer to the FAQ section on the Scandinavian Capital Markets website. The company’s team is also readily available to provide assistance, ensuring a smooth and hassle-free experience for all clients. In conclusion, Scandinavian Capital Markets offers a straightforward, quick, and cost-effective withdrawal process, making it a reliable choice for forex traders. Its commitment to customer service and transparency further enhances its reputation in the forex industry. Please note that while this information is accurate as of the last update, it’s always a good idea to check the official Scandinavian Capital Markets website for the most current information.

Which Fees are charged by Scandinavian Capital Markets?

Scandinavian Capital Markets is an online forex broker that offers various trading services and platforms to its clients. Depending on the type of account you choose, you may have to pay different fees for trading forex. Here is a summary of the fees charged by Scandinavian Capital Markets:. Spreads: These are the differences between the bid and ask prices of a currency pair. The lower the spread, the less you pay for trading. Scandinavian Capital Markets offers two types of accounts: Standard and Premium. The Standard account has fixed spreads starting from 1.7 pips, while the Premium account has variable spreads starting from 0.0 pips. The Premium account also offers faster execution and lower slippage than the Standard account. Commissions: These are additional charges that you pay for each trade you make. Scandinavian Capital Markets charges commissions on both Standard and Premium accounts, but they vary depending on the platform you use. On MT4, you pay $10 per lot round turn (r/t), while on cTrader, you pay $10 per lot r/t. A lot is a standard unit of measurement in forex trading, equal to 100,000 units of the base currency. Swaps: These are interest payments or receipts that occur when you hold a position overnight or over a weekend. Swaps can affect your profitability or losses depending on whether you are buying or selling a currency pair. Scandinavian Capital Markets does not charge any swap fees for holding positions in your account balance. However, if you use leverage to trade forex, you may have to pay interest on borrowed funds from your broker. Deposit/Withdrawal fees: These are fees that you pay when you make or receive deposits or withdrawals from your account. Scandinavian Capital Markets does not charge any deposit or withdrawal fees. However, some payment methods may incur additional fees from your bank or card provider. . I hope this answer helps you understand the fees charged by Scandinavian Capital Markets for forex trading. If you want to learn more about their services and platforms, you can visit their website or read their guide to forex trading costs. Happy trading!.

What can I trade with Scandinavian Capital Markets?

Scandinavian Capital Markets offers a wide range of trading options for both retail and institutional clients. Forex Trading Forex trading is a major focus at Scandinavian Capital Markets. They offer tight spreads all day long on major and Scandinavian currency pairs and offer reliable execution for dozens of exotic currencies. Trading Platforms Scandinavian Capital Markets provides access to several world-renowned trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader. These platforms offer a variety of features geared towards both novice and experienced traders. Custom Liquidity Scandinavian Capital Markets provides customised liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. Automated Trading and Copy Trading Automated trading and copy trading are available, making it a good option for beginners and those interested in passive trading. Trading Conditions Scandinavian Capital Markets offers the opportunity to choose optimal trading conditions due to flexible settings when opening an account. They also offer a 7-day free trial. Forex Contract Specifications Scandinavian Capital Markets provides detailed forex contract specifications for a wide range of currency pairs. In conclusion, Scandinavian Capital Markets offers a comprehensive suite of trading options, making it a versatile choice for traders of all experience levels. Whether you’re interested in forex trading, automated trading, or seeking custom liquidity solutions, Scandinavian Capital Markets has the tools and resources to help you succeed in the financial markets.

Which Trading Platforms are offered by Scandinavian Capital Markets?

Scandinavian Capital Markets, a leader in online forex trading, offers a range of trading platforms to cater to the diverse needs of both retail and institutional clients, fund managers, and professional traders. MetaTrader 4, the world’s most popular forex platform, is one of the platforms offered by Scandinavian Capital Markets. It is used by millions of traders across the globe and is known for its user-friendly interface and a wide range of tools for effective trading. The firm also offers MetaTrader 5, an improved version of MetaTrader 4. This platform provides more features and a fresher experience, making it a preferred choice for many traders. In addition to MetaTrader 4 and 5, Scandinavian Capital Markets provides cTrader, a second-generation forex trading platform. cTrader is known for its superb trading, charting, and risk management tools. It is particularly suited for sophisticated traders who require advanced features. Another platform offered by Scandinavian Capital Markets is Currenex. This platform is known for its speed and reliability, making it a popular choice among professional traders. Lastly, Scandinavian Capital Markets also offers Custom FIX API access at no additional cost to every trader with a cTrader account. This allows traders to create their own custom trading solutions using the FIX protocol. These platforms are connected to dozens of liquidity providers, offering tight spreads on major and Scandinavian currency pairs. They also offer reliable execution for dozens of exotic currencies. The firm provides up to 1:200 leverage and 10ms order execution time. In conclusion, Scandinavian Capital Markets offers a variety of trading platforms, each with its own unique features and advantages. Whether you’re a beginner or an experienced trader, you’re likely to find a platform that suits your trading style and needs.

Which Trading Instruments are offered by Scandinavian Capital Markets?

Scandinavian Capital Markets offers a variety of trading instruments to cater to the diverse needs of traders. Here’s a detailed look at their offerings:. Forex: As an online world leader in FX trading. , Scandinavian Capital Markets provides unrivaled execution and liquidity in the Forex market through tier 1 prime brokers and liquidity providers. They offer pure ECN/STP brokerage services to retail and institutional clients, fund managers, and professional traders. Precious Metals: Trading in precious metals is another instrument offered by Scandinavian Capital Markets. Precious metals like gold and silver have been a popular choice for traders looking for a safe haven or a hedge against inflation. Indices: Indices are also part of the trading instruments provided by Scandinavian Capital Markets. Trading in indices allows traders to speculate on the price movements of groups of top-performing companies from a specific region or sector. Commodities: Commodities trading is another avenue offered by Scandinavian Capital Markets. This allows traders to speculate on the future price of physical goods like oil, natural gas, and agricultural products. Cryptocurrencies: With the growing popularity of digital currencies, Scandinavian Capital Markets also offers trading in cryptocurrencies. This provides traders with the opportunity to speculate on the price movements of popular digital currencies like Bitcoin and Ethereum. In addition to these trading instruments, Scandinavian Capital Markets also offers advanced trading platforms like MetaTrader 4, MetaTrader 5, and cTrader. These platforms are equipped with features geared towards sophisticated traders. Custom FIX API access is also available to every trader with a cTrader account at no additional cost. Remember, each trading instrument has different trading conditions. Therefore, it’s important for traders to understand these conditions before they start trading. Scandinavian Capital Markets is dedicated to providing reliable trading instruments in the financial markets. , making it a preferred choice for many traders. Please note that trading involves risk and it’s important to understand these risks before starting to trade. Always consider your financial situation and risk tolerance before trading in these instruments.

Which Trading Servers are offered by Scandinavian Capital Markets?

Scandinavian Capital Markets is an online world leader in FX trading that offers a range of trading servers to suit different needs and preferences of traders. Trading servers are the platforms or applications that allow traders to access the forex market and execute trades. Here are some of the trading servers offered by Scandinavian Capital Markets: MetaTrader 4: This is the world’s most popular forex platform, used by millions of traders across the globe. MetaTrader 4 offers a user-friendly interface, advanced charting tools, technical indicators, automated trading systems, and a wide range of order types. MetaTrader 4 also supports mobile trading via the MetaTrader 4 app for iOS and Android devices. MetaTrader 5: This is the new and improved version of MetaTrader 4, which offers more features and a fresher experience. MetaTrader 5 has a larger market depth, more timeframes, more order types, more analytical tools, and more indicators than MetaTrader 4. MetaTrader 5 also supports mobile trading via the MetaTrader 5 app for iOS and Android devices. cTrader: This is an advanced trading platform with features geared towards sophisticated traders. cTrader has a sleek design, fast execution, transparent pricing, customisable charts, advanced order management, and integration with third-party brokers and liquidity providers. cTrader also supports mobile trading via the cTrader app for iOS and Android devices. Currenex: This is a global liquidity provider that offers direct market access (DMA) to over 100 currency pairs. Currenex allows traders to trade directly with banks and other institutional clients without intermediaries or requotes. Currenex also provides low spreads, high leverage, fast execution, and competitive pricing. Scandinavian Capital Markets offers all these trading servers to its clients through tier 1 prime brokers and liquidity providers that provide unrivaled execution and liquidity in the forex market. Clients can choose their preferred trading server based on their trading style, strategy, goals, and budget.

Can I trade Crypto with Scandinavian Capital Markets? Which crypto currencies are supported by Scandinavian Capital Markets?

Yes, you can trade cryptocurrencies with Scandinavian Capital Markets. They offer the ability to trade over 20 cryptocurrencies against the US dollar. This is done without the burden of managing crypto wallets. Here are some of the cryptocurrencies supported by Scandinavian Capital Markets:. Bitcoin (BTC). Ethereum (ETH). Litecoin (LTC). Ripple (XRP). Binance Coin (BNB). Basic Attention Token (BAT). Ethereum Classic (ETC). IOTA (IOT). Neo (NEO). TRON (TRX). Stellar Lumens (XLM). ZCash (ZEC). Scandinavian Capital Markets offers tight spreads and reliable execution 7-days a week. They provide leveraged trading accounts to increase your exposure to the cryptocurrency market. Margin trading allows you to open long or short positions to speculate on rising and falling prices. When you trade cryptocurrencies with Scandinavian Markets, you can deposit and withdraw using secure and regulated payment methods. They offer a full-featured trading terminal for a successful forex trading experience. Traders can enjoy the versatility of world-renowned trading platforms cTrader, MetaTrader 4, and MetaTrader 5. Please note that trading in cryptocurrencies involves risk, just like any other investment option. It’s important to understand the market before making any trades. Always do your own research and consider your financial situation carefully. I hope this information helps! If you have any other questions, feel free to ask.

What is the Leverage on my Scandinavian Capital Markets Trading Account?

The leverage on a Scandinavian Capital Markets Trading Account is a crucial aspect to understand for any trader. It’s a powerful tool that can significantly enhance your trading capacity. Leverage and Its Role in Forex Trading. In the context of forex trading, leverage is a tool provided by brokers that allows traders to control larger positions with a smaller amount of money. It’s expressed as a ratio, such as 1:100, meaning that for every $1 in your account, you can control $100 in the market. Leverage at Scandinavian Capital Markets. At Scandinavian Capital Markets, the maximum leverage offered is 1:500. This means that for every dollar in your trading account, you can control up to $500 in the market. However, it’s important to note that while higher leverage can amplify profits, it can also magnify losses. Therefore, it’s crucial to use leverage judiciously and in conjunction with effective risk management strategies. Trading Account Features. In addition to leverage, Scandinavian Capital Markets offers other attractive features for forex traders. These include spreads from 0.0 pips, a commission per lot of $3.50 per side, and a $0 deposit fee. The platform supports MetaTrader 4 and cTrader, providing flexibility and convenience for traders. Account Funding. Scandinavian Capital Markets allows funding via top-tier Scandinavian and European banks and various alternative payment methods. This provides security, transparency, and flexibility for your payments. Reputation and Transparency. Scandinavian Capital Markets has been in the market for over a decade and maintains an unblemished record with its retail, professional, and institutional clients worldwide. They are one of the few remaining STP brokers, executing all orders with well-capitalised liquidity providers and industry-leading ECNs. In conclusion, the leverage on a Scandinavian Capital Markets Trading Account, along with its other features, makes it a competitive choice for forex traders. However, it’s essential to understand the risks associated with leverage and to use it responsibly.

What kind of Spreads are offered by Scandinavian Capital Markets?

Scandinavian Capital Markets is an online world leader in FX trading that offers pure ECN/STP brokerage services to retail and institutional clients, fund managers and professional traders. The company provides access to the forex market through tier 1 prime brokers and liquidity providers, ensuring unrivaled execution and liquidity. Scandinavian Capital Markets also offers customised liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution. Scandinavian Capital Markets has different account tiers that cater to different trading styles and preferences. The Standard Account is suitable for beginners and traders who want to trade with low spreads and no commission. The Premium Account is ideal for experienced traders who want to trade with tight spreads and low commission. The Ultimate Account is designed for professional traders who want to trade with ultra-low spreads and no commission. The average spreads offered by Scandinavian Capital Markets vary depending on the account tier, the currency pair, and the market conditions. The average spreads are as follows:. Standard Account: Spreads start from 1.7 pips on major currency pairs such as EUR/USD, GBP/USD, USD/JPY, etc. Premium Account: Spreads start from 0.0 pips on major currency pairs such as EUR/USD, GBP/USD, USD/JPY, etc. Ultimate Account: Spreads start from 0.0 pips on major currency pairs such as EUR/USD, GBP/USD, USD/JPY, etc. . The commissions charged by Scandinavian Capital Markets also vary depending on the account tier. The commissions are as follows:. Standard Account: No commission is charged on the Standard Account. Premium Account: Commissions are $10 per lot r/t on MT4 and $10 per lot r/t on cTrader. Ultimate Account: Commissions are $5 per lot r/t on MT4 and $5 per lot r/t on cTrader. . Scandinavian Capital Markets also offers swap points for holding positions overnight. Swap points are fees that are paid or received when a trader holds a position in a currency pair that has a positive or negative interest rate differential between the two currencies involved. Swap points can affect the profitability of a trade depending on the direction of the trade and the duration of the hold. The average swap points offered by Scandinavian Capital Markets vary depending on the account tier, the currency pair, and the market conditions. The average swap points are as follows:. Standard Account: Long swap points start from -4.668 pips on AUDCAD, short swap points start from 0.048 pips on AUDCAD. Premium Account: Long swap points start from -12.42 pips on EURUSD, short swap points start from 4.64 pips on EURUSD. Ultimate Account: Long swap points start from -17.1576 pips on XAUUSD, short swap points start from 5.7416 pips on XAUUSD. . In conclusion, Scandinavian Capital Markets offers competitive spreads and commissions for its clients who want to trade forex online with pure ECN/STP brokerage services. The company also provides customised solutions for institutional clients who need more flexibility and control over their trading activities.

Does Scandinavian Capital Markets offer MAM Accounts or PAMM Accounts?

Scandinavian Capital Markets, a well-regarded player in the forex trading industry, does indeed offer MAM (Multi-Account Manager) accounts. These accounts are designed to cater to the needs of money managers and professional traders, providing them with the ability to manage multiple trading accounts simultaneously. However, there is no explicit mention of PAMM (Percentage Allocation Management Module) accounts being offered by Scandinavian Capital Markets in the search results. PAMM accounts typically allow investors to entrust their money to a third party (a fund manager), who trades on their behalf. This type of account is not explicitly listed as an offering by Scandinavian Capital Markets. It’s worth noting that Scandinavian Capital Markets is known for its transparency, fair practices, and absence of hidden fees. They offer a range of features beneficial to forex traders, such as spreads from 0.0 pips, a commission per lot of $3.50 per side, up to 200:1 leverage, and $0 deposit fee. They also offer the popular MetaTrader 4 and cTrader platforms. In conclusion, while Scandinavian Capital Markets does offer MAM accounts for money managers and professional traders. , there is no explicit mention of them offering PAMM accounts. As always, it’s recommended to reach out to the broker directly for the most accurate and up-to-date information.

Does Scandinavian Capital Markets allow Expert Advisors?

Scandinavian Capital Markets is a well-regarded forex trading broker that is registered in Sweden. They offer a variety of services to their clients, including the use of Expert Advisors. Expert Advisors (EAs) are automated trading systems that operate within trading platforms such as MetaTrader 4 and MetaTrader 5. These systems allow traders to set specific parameters for trades, which the EA then executes automatically. This can be particularly useful in the fast-paced world of forex trading, where market conditions can change rapidly and opportunities can be fleeting. One of the key advantages of using an EA is that it can trade 24/7, reacting to market changes in real time and executing trades even when the trader is not physically present. This can help to maximize trading opportunities and potentially increase profits. Scandinavian Capital Markets supports the use of EAs, allowing traders to take full advantage of these automated systems. This is part of their commitment to providing a flexible and customizable trading experience. They understand that every trader is different, with unique strategies and objectives, and they strive to accommodate these individual needs. In addition to supporting EAs, Scandinavian Capital Markets also offers a number of other features that can benefit forex traders. These include access to tier 1 prime brokers and liquidity providers, offering unrivaled execution and liquidity. They also offer pure ECN/STP brokerage services to retail and institutional clients, fund managers, and professional traders. In conclusion, Scandinavian Capital Markets does allow the use of Expert Advisors, making it a suitable choice for traders who wish to utilize these automated systems in their forex trading strategy. Their commitment to flexibility and customization, along with their robust trading infrastructure, makes them a strong choice for forex traders of all types.

Does Scandinavian Capital Markets offer Copytrading?

Yes, Scandinavian Capital Markets does offer Copytrading. They have implemented the cTrader Copy service. , a social trading tool that allows users to copy trades between their own accounts or the accounts of other individuals. This service is not just a gimmick for new traders, but a robust tool that can benefit hedge funds, institutional and professional traders. The cTrader Copy service provides detailed strategy profiles that offer actionable analytics, key performance indicators, and a journal of trading history. This transparency is a significant advantage for investors, especially those concerned about execution transparency, spread markups, the risk profile of the strategy, and accurate reporting of return on investment. Investors following a trading strategy through cTrader Copy can view the overall performance of the strategy and the performance of their sub-account. The interface displays a wealth of information, including the number of real money active followers, the amount of funds allocated to the strategy, and the transaction volume of the strategy. Scandinavian Capital Markets recognizes the advantages that cTrader Copy can bring to their mature and demanding clientele. They believe that cTrader Copy offers numerous improvements over legacy MAM/PAMM systems for MT4. In conclusion, Scandinavian Capital Markets not only offers Copytrading but does so in a way that provides transparency, actionable analytics, and a wealth of information to their clients.