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SCM Company, known as Scandinavian Capital Markets, was founded in 2011. Initially established as a wealth management firm, the company shifted its focus to brokerage services in 2012, specifically in the currency markets.
SCM operates as a standalone entity under the ownership of Scandinavian Capital Markets SCM AB. The firm has developed a robust operational structure that supports its various trading services.
The headquarters of SCM is located in Kista, Sweden. This location is strategically chosen to align with the company's commitment to providing transparent and ethical trading practices.
SCM serves a global clientele, offering trading services primarily in Europe and other regions. The company has positioned itself to cater to both retail and institutional clients, providing a range of financial instruments.
SCM is regulated by the Swedish Financial Supervisory Authority (Finansinspektionen), ensuring that it adheres to strict financial standards and regulations. The company is also compliant with the Markets in Financial Instruments Directive (MiFID II), which applies to firms operating within the European Union.
SCM has steadily expanded its service offerings and geographic reach since its inception. The company has integrated advanced trading technologies and platforms to cater to a diverse client base, including active traders and institutional investors.
Over the years, SCM has experienced significant growth in its customer base, serving thousands of active clients. The firm has cultivated a reputation for reliability and transparency, attracting traders from various backgrounds.
SCM has continually upgraded its trading platforms to enhance user experience. The introduction of both MetaTrader 4 and cTrader has enabled traders to utilize advanced charting tools, automated trading strategies, and a user-friendly interface.
While specific awards may not be widely documented, SCM's commitment to transparency and client protection has earned it positive reviews within the trading community, contributing to its reputation as a trusted broker.
SCM offers an extensive selection of over 70 currency pairs for forex trading. This includes major, minor, and exotic pairs, catering to the diverse needs of traders looking to capitalize on currency fluctuations.
Currently, SCM does not provide stock trading options. The firm's primary focus is on forex and CFD trading, which may limit its appeal to clients seeking to invest in equities.
SCM provides a range of Contracts for Difference (CFDs) primarily on forex and cryptocurrencies. This allows traders to speculate on price movements without owning the underlying asset, enhancing trading flexibility.
In addition to forex and CFDs, SCM offers trading in various cryptocurrencies, including Bitcoin and Ethereum. The firm also provides access to commodities, enabling clients to diversify their trading portfolios.
SCM distinguishes itself with its commitment to offering raw spreads starting from 0 pips, which is particularly attractive to active traders. The firm also emphasizes client education through resources and market analysis, helping traders make informed decisions.
SCM is regulated by:
SCM operates under the legal entity Scandinavian Capital Markets SCM AB in Sweden. The firm adheres to regulatory requirements in both Sweden and Vanuatu, ensuring a robust legal framework for its operations.
SCM implements stringent measures to protect client funds, including:
SCM serves clients globally, with a primary focus on Europe. However, it does not accept clients from certain jurisdictions, including the United States and specific countries in Asia and Africa.
SCM has maintained a solid compliance record, adhering to regulatory requirements and implementing necessary measures to protect clients and their investments.
SCM competes with several notable brokers in the industry, including:
SCM positions itself as a reliable and transparent broker, focusing on raw spreads and client education. Its regulatory compliance and commitment to ethical practices enhance its standing in the competitive landscape.
SCM differentiates itself through:
In conclusion, SCM Company has established itself as a reputable broker in the financial market, focusing on forex and CFD trading while adhering to strict regulatory standards. Its commitment to transparency, client education, and competitive trading conditions positions it well within the industry. For those considering trading with SCM, understanding its offerings and regulatory background is essential for making informed decisions.
For more information about SCM and its services, please learn more.
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