Scandinavian Capital Markets Broker Review

　　

Scandinavian Capital Markets 2025 Review: Everything You Need to Know

　　Scandinavian Capital Markets, a broker based in Sweden, has garnered mixed reviews in the trading community. While it offers competitive trading conditions and a variety of platforms, user experiences highlight significant concerns regarding customer service and trading costs. Notably, the broker is regulated by the Swedish Financial Supervisory Authority, which adds a layer of trustworthiness to its operations.

　　Note: It is important to consider that Scandinavian Capital Markets operates under different regulatory entities depending on the region, which can affect trading conditions and user experiences. This review aims to provide a fair and accurate assessment based on various sources.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	5
Customer Service and Support	4
Trading Experience	6
Trustworthiness	7
User Experience	5

　　We evaluate brokers based on comprehensive criteria, including user feedback, expert opinions, and factual data.

　　

Broker Overview

　　Founded in 2011, Scandinavian Capital Markets has established itself in the forex trading industry, focusing on providing a secure and efficient trading environment. The broker operates primarily through the MT4 and cTrader platforms, catering to both retail and institutional clients. It offers a range of trading instruments, including forex, cryptocurrencies, and precious metals, with a strong emphasis on transparency and regulatory compliance. The principal regulatory authority overseeing Scandinavian Capital Markets is the Swedish Financial Supervisory Authority (Finansinspektionen).

　　

Detailed Analysis

　　Regulated Geographic Areas: Scandinavian Capital Markets is primarily regulated by the Swedish Financial Supervisory Authority. Additionally, it is also registered with the Vanuatu Financial Services Commission, allowing it to operate in multiple jurisdictions.

　　Deposit/Withdrawal Currencies: The broker accepts deposits in several currencies, including USD, EUR, GBP, and SEK, and supports various payment methods, primarily focusing on bank wire transfers.

　　Minimum Deposit: The minimum deposit requirement varies based on the account type, starting at $250 for Vanuatu accounts and $10,000 for Swedish accounts. This high minimum deposit may deter novice traders looking to start with lower amounts.

　　Bonuses/Promotions: As of the latest reviews, Scandinavian Capital Markets does not offer any signup bonuses or promotions. However, it does provide opportunities for affiliate partnerships.

　　Available Asset Classes: Traders can access a variety of asset classes, including over 70 currency pairs, cryptocurrencies, and precious metals. This diverse range allows traders to tailor their trading strategies according to market conditions.

　　Costs (Spreads, Fees, Commissions): The cost structure at Scandinavian Capital Markets is competitive, with spreads starting from 0.0 pips on premium accounts. However, there is a commission of $10 per lot for trades executed on the cTrader platform, which may be higher than some competitors. Additionally, an inactivity fee of $20 per month applies after six months of inactivity.

　　Leverage: The maximum leverage offered is 1:30 for retail clients under Swedish regulation, while professional clients can access up to 1:100. In Vanuatu, leverage can go as high as 1:500, but this may come with increased risk.

　　Allowed Trading Platforms: Scandinavian Capital Markets provides access to popular trading platforms such as MT4, MT5, and cTrader, which cater to different trading styles and preferences.

　　Restricted Regions: The broker does not accept clients from several countries, including the USA, Iran, Syria, North Korea, and Cuba, which may limit its accessibility for some traders.

　　Available Customer Service Languages: Customer support is primarily offered in English, with various channels available, including email, phone, and live chat. However, some reviews indicate that response times can be slow, particularly during peak hours.

　　

Ratings Revisited

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	5
Customer Service and Support	4
Trading Experience	6
Trustworthiness	7
User Experience	5

　　

Detailed Breakdown

• 　　Account Conditions: Scandinavian Capital Markets offers a variety of account types, but the high minimum deposit may be a barrier for many traders. The flexibility in choosing account conditions is a plus, but the lack of a cent account option limits accessibility for beginners.

• 　　Tools and Resources: The broker provides essential tools for trading, but educational resources are limited. While there are some webinars and market analysis available, more comprehensive educational offerings would enhance the user experience.

• 　　Customer Service and Support: Customer reviews consistently highlight issues with response times and the quality of support. Although multiple channels are available, the effectiveness of the service can vary.

• 　　Trading Experience: The trading experience is generally positive, with competitive spreads and fast execution times. However, the commission structure may not appeal to all traders.

• 　　Trustworthiness: Being regulated by the Swedish Financial Supervisory Authority adds a level of credibility to Scandinavian Capital Markets. However, the lack of top-tier licenses may raise concerns for some traders.

• 　　User Experience: Overall user experience is mixed, with many traders appreciating the trading platforms but expressing dissatisfaction with customer service and the high minimum deposit requirements.

　　In conclusion, Scandinavian Capital Markets presents a viable option for traders seeking a regulated broker with competitive trading conditions. However, potential clients should weigh the high minimum deposit and customer service concerns against their trading needs and preferences. As always, conducting thorough research and considering personal trading goals is essential before engaging with any broker.