Scandinavian Capital Markets Forex Broker keeps up-to-date with the latest trading account information, including Institutional, Growth, Free forever maximum leverage of --, trading varieties, and more
Pros
Competitive trading conditions with low spreads and commissions
Access to advanced trading platforms like cTrader and MetaTrader 4
Regulated by the Swedish Financial Supervisory Authority, ensuring a level of safety and transparency
Cons
Limited educational resources and research materials available for traders
Range of financial instruments is not extensive, lacking stocks and futures
Does not possess a top-tier regulatory license, which may raise concerns for some traders
Scandinavian Capital Markets broker Accounts
Institutional
Growth
Free forever
Scandinavian Capital Markets Account Type
Scandinavian Capital Markets offers several account types tailored to different trading needs. The main account types available are:
- Vanuatu STP/ECN Account
- Best Suited For: All traders
- Minimum Deposit: $250 USD
- Sweden ECN Account
- Best Suited For: All traders
- Minimum Deposit: $10,000 USD
- Step 1: Start the Process
- Visit the Scandinavian Capital Markets website and click on the “Open Account” option on the homepage.
- Step 2: Select the Account
- Choose the desired account type (Vanuatu STP/ECN or Sweden ECN) and fill out the required personal information.
- Step 3: Account Verification
- After registration, a verification email will be sent to the registered email address. Once verified, the client can log in and start using the account.
Additionally, Scandinavian Capital Markets provides Islamic accounts that are swap-free, catering to traders who require compliance with Sharia law. All accounts feature competitive trading conditions, including low trading fees and access to various trading platforms like MetaTrader 4 and MetaTrader 5.
Scandinavian Capital Markets Broker Account Opening Process
Opening an account with Scandinavian Capital Markets is straightforward and involves the following steps:
The minimum deposit required to open a trading account is $250 for the Vanuatu STP/ECN account and $10,000 for the Sweden ECN account.
Scandinavian Capital Markets Similar Broker Accounts
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