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SCMC foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.scmcgroup.com/, about the company's legal and temporary regulatory information, the company's address 107,Bamgbose Street, Lagos,Nigeria.

SCMC Forex Broker

Basic Information

Registered Region
Nigeria
Operating Period
--
Company Name
Securities and Capital Management Company Limited
Abbreviation
SCMC
Company employee
--
Contact Number
+23418429607
Company address
107,Bamgbose Street, Lagos,Nigeria
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

SCMC Review SummaryFounded2013Registered Country/RegionNigeriaRegulationNo regulationServicesInvestment banking, investment management, securities, researchTrading PlatformWebMinimum Deposit/Customer SupportContact formTel: +234 1 842 9607Email: info@scmcgroup.comFacebook, X, Google+, Linkedin, PinterestAddress: 107, Bamgbose Street,Lagos, NigeriaSCMC Information Founded in Nigeria in 2013, SCMC is an unregulated service provider of investment banking, investment management, securities, and research.Pros and ConsPros Cons Long operation timeLack of regulationVarious contact channelsUnclear fee structureIs SCMC Legit? No. SCMC currently has no valid regulations. Please be aware of the risk!ServicesServices SupportedInvestment banking✔Investment management✔Securities✔Research✔

Rating Index

Pros

Offers access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Established presence in the market since 1990, indicating some level of experience.
Decent execution speed and spread ratings.

Cons

Lacks proper regulation, posing a significant risk to traders.
No insurance for clients, which can lead to potential financial loss.
Does not support popular trading platforms like MT4 or MT5, limiting trading options for users.
How to login to SCMC?
Trade24 2025 In-Depth Review: Opportunity or Trap? Executive Summary Trade24 presents itself as a forex and CFD broker claiming to offer a variety of trading options, primarily targeting novice traders who are eager to engage in financial markets. However, its unregulated status paired with numerous

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SCMC Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.27, Software Index 4.00 Risk Control Index 0.00.