⭐ Scandinavian Capital Markets Journal

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Scandinavian Capital Markets Profile
Year
2017
Country
Sweden
Branches
1
Regulation
not regulated
Registration
FI Sweden
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Africa, Belarus, Burundi, China, Congo, Cuba, Egypt, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Maldives, Mali, Moldova, Myanmar, Nicaragua, Nigeria, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, Tunisia, Turkey, US, Venezuela, Yemen, Zimbabwe
Broker type
MM, STP, ECN-style pricing
Dealing book
A+B Hybrid book, A-book
Execution model
DD + NDD
Licensed as
Unlicensed
Operating as
Principal, Matched Principal
Tier
3
Execution speed
10 ms
LPs total
3
LPs quality
Tier-1 Banks
LPs names
Nordea, SEB, Swedbank

Scandinavian Capital Markets Accounts
MM
STP
RAW
Minimum Deposit
25 $
25 $
25 $
Leverage
500 : 1
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
0.01 lots
EURUSD spread
1.7 pips
0 pips
0 pips
Commission
0 $/lotRT
4 $/lotRT
4 $/lotRT
Volume
10 lots
10000 lots
Unlimited
Margin Call
50 %
50 %
50 %
Stop Out
20 %
20 %
20 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
no
no
no
Deposit & Fees
Deposit methods
Bank Wire, Skrill, Credit Card, Debit Card, SEPA Transfer, Tether, Alipay, Rapid Transfer, Paysafecard
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is Scandinavian Capital Markets safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FI Sweden
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Scandinavian Capital Markets trusted?

  • Information transparency: high ★★★★★
  • Customer service: not so helpful ★★
  • Scandinavian Capital Markets website: highly detailed, updated ★★★★★
  • Scandinavian Capital Markets popularity (by visitor count): low visits ★★

How Scandinavian Capital Markets works


Execution without interference
A pure Non-Dealing Desk (NDD) model. Our "No Last Look" liquidity venues mean your orders are filled instantaneously at market price, with zero rejection delays.

Every account we offer incorporates raw spreads and price feeds directly sourced from large banks and prime brokers.


What liquidity providers do you use? Where are your servers located?
Scandinavian Markets is a true STP forex broker. Therefore, we aggregate the best bid and ask prices from numerous prime brokers and ECNs to ensure the best possible execution. We work primarily with ISPrime in London and our platforms are hosted in London.
Are all my trades STP?
Yes. Scandinavian Capital Markets never takes the other side of your trades. We send 100% of our order flow to external counterparties.
Do you operate a dealing desk?
No. Scandinavian Markets does not operate a dealing desk. Our business model is strictly an agency model that uses a straight-through-processing execution model to route orders to our liquidity providers or ECNs for execution.

Do you allow scalping?
Yes. We allow any trading strategies except those which violate our terms and conditions.


Great for Scalping
MT4 makes scalping an easy to control and manage strategy



(f) Trader will not enter into any Trade for the purpose of arbitrage, scalping or to exploit any temporal and/or minor inaccuracy in any exchange rate. Scalping is a form of trading which the Company considers to be an unacceptable trading practice. Scalping is defined as any order opened and closed within 120 seconds (2 minutes). the Company reserves the right, at its sole discretion, to cancel or reverse any profits gained through Scalping.

Off-exchange transactions In some jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions. The firm with which you deal may be acting as your counterparty to the transaction. The Company may function as a direct counterparty to Traders in some currency transactions. The Company neither offers the right to offset, nor guarantees a market in which to offset, transactions it effects as counterparty. Therefore, it may be difficult or impossible to liquidate an existing position, to assess its value, to determine a fair price or to assess the exposure to risk.



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