Scandinavian Capital Markets Journal

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Scandinavian Capital Markets Profile
Year
2017
Country
Sweden
Branches
1
Regulation
FI Sweden
Registration
no
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х Afghanistan, Africa, Belarus, Burma, Burundi, China, Congo, Cuba, Egypt, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Maldives, Mali, Moldova, Nicaragua, Nigeria, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, Tunisia, Turkey, US, Venezuela, Yemen, Zimbabwe
Broker type
STP, DMA, ECN
Dealing book
A-book
Tier
3
Execution speed
10 ms
LPs total
3
LPs quality
Tier-1 Banks
LPs names
Nordea, SEB, Swedbank

Scandinavian Capital Markets Accounts
STP
DMA
ECN
Minimum Deposit
10000 $
25000 $
250000 $
Leverage
100 : 1
100 : 1
100 : 1
Minimum Lot
0.01 lots
0.01 lots
1 lots
EURUSD spread
1.7 pips
0 pips
0 pips
Commission
0 $/lotRT
10 $/lotRT
10 $/lotRT
Volume
50 lots
50 lots
50 lots
Margin Call
100 %
100 %
100 %
Stop Out
80 %
80 %
80 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
no
no
no
Update broker

Is Scandinavian Capital Markets safe?

  • Investor protection: no
  • Regulation: FI Sweden
  • Registration: no
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Scandinavian Capital Markets trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • Scandinavian Capital Markets website: highly detailed, updated ★★★★★
  • Scandinavian Capital Markets popularity (by visitor count): low visits ★★

How Scandinavian Capital Markets works

Do you operate a dealing desk?

No, Scandinavian Capital Markets does not operate a dealing desk. Scandinavian Capital Markets business model is strictly an agency model that facilitates STP trades to the market.

Are all my trades STP?

Scandinavian Capital Markets never takes the other side of our clients trades. We send 100% of our order flow to the liquidity providers.

Is your company is a 100% Direct Market Access (DMA) broker?

There are usually no re-quotes and Scandinavian Capital Markets does not take the other side of any client trades. All orders are sent to our liquidity providers for execution. Sometimes there can be re-quotes if there is no market at the specific price.

What liquidity providers do you use?

Scandinavian Capital Markets is a true STP/ECN Forex broker. This means that we aggregate the best bid and ask prices from deep liquidity pools in the underlying FX market. These prices are provided by top tier investment banks.

Do you allow scalping?

Yes.

https://scandinavianmarkets.com/faq/

Great for Scalping

MT4 makes scalping an easy to control and manage strategy

https://scandinavianmarkets.com/platforms/
(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.

https://scandinavianmarkets.com/terms-and-conditions-and-trader-agreement/

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