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SCG Forex Broker keeps up-to-date with the latest trading account information, including VIP +, VIP, RAW SPREADS, VARIABLE SPREADS maximum leverage of 1:200, trading varieties, and more

Rating Index

Pros

Offers a variety of account types to cater to different trading preferences.
Provides high leverage options, which can attract experienced traders looking for greater potential returns.
Accepts multiple payment methods, including credit cards and cryptocurrencies, for deposits.

Cons

Unlicensed and unregulated, posing significant risks to traders' funds.
Withdrawal processes can be lengthy, with potential fees for dormant accounts, raising concerns about fund accessibility.
Uses a trading platform that lacks industry-standard tools like MetaTrader 4 or 5, which may limit trading functionality and analysis.

SCG broker Accounts

VIP +

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
$100,000
Minimum Spread
0 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
Cyrptocurrency, FX, Metals, CFDs

VIP

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
$100,000
Minimum Spread
0 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
Cryptocurrency, FX, Metals, CFDs

RAW SPREADS

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
$50000
Minimum Spread
0 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
Cryptocurrency, FX, Metals, CFDs

VARIABLE SPREADS

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
$1500
Minimum Spread
1 pips
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
Cryptocurrency, FX, Metals, CFDs

SCG Account Type

SCG offers a personal account type that caters to both novice and experienced traders. The key features of this account type include:

  • Minimum Deposit: The minimum deposit required to open an account is $100, making it accessible for a wide range of investors.
  • Trading Platform: SCG utilizes the popular MetaTrader 4 (MT4) platform, known for its user-friendly interface and comprehensive trading tools.
  • Market Instruments: Traders can access various tradable assets, including forex, commodities, and indices.
  • Spreads: The account features variable spreads ranging from 0.5% to 2%, which can impact trading costs.
  • Account Types: Currently, SCG offers only personal accounts, limiting options for institutional investors or those seeking diverse trading conditions.
  • SCG Broker Account Opening Process

    Opening an account with SCG involves the following steps:

    • Visit the Official Website: Navigate to SCG's official website.
    • Complete the Registration Form: Fill out the registration form with accurate details such as your name, email address, phone number, and create a secure password.
    • Submit Verification Documents: Provide necessary documents for identity and address verification, such as a government-issued ID and utility bill.
    • Deposit Funds: After verification, log into your trading account and navigate to the deposit section. Choose a payment method (credit card, debit card, or bank transfer) and transfer the minimum deposit of $100 or more to activate your account for trading.
    • Begin Trading: Access the MT4 trading platform through SCG, select your trading instruments, and start trading while employing risk management strategies.
    • By following these steps, you can successfully set up your trading account with SCG and start exploring investment opportunities in the financial markets.

SCG accounts can be viewed for products that can be traded Cyrptocurrency, FX, Metals, CFDs accounts with a minimum deposit of $100,000 by (2+) --.
SCG Account