ScandinavianMarkets.com Review

2 REVIEWS
Scandinavian Capital Markets
Updated: Dec 30, 2022
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ScandinavianMarkets is a forex broker. Scandinavian Markets Forex offers the MT4, MT4 Mobile and cTrader forex trading top platforms. ScandinavianMarkets.com offers over 40 forex currency pairs, gold and silver for your personal investment and trading options.
Other websites of this company include SCMForex.com.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $250
Established: 2011
Address: Kistagangen 16 164 40 Kista Stockholm, Sweden
Contact: support@scandinavianmarkets.com, + 46 8 559 26 151
Regional offices:
Regulators: FI #556863-5972, VFSC #700472
Prohibited countries:
Trading platforms: MT4, cTrader
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (40+)
Cryptocurrencies: (110+) Bitcoin, Litecoin, Ethereum
CFD: (20+) Gold, Silver, Oil

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
PAMM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), Skrill
2 REVIEWS

Traders Reviews

A
Lisbon, Portugal (Really the offices of Scandinavian Markets in Israel),
May 21, 2022,
Registered user

Solid technology. Excellent customer support. (I forgot to say I work for them)

Service use: Live Length of use: over 1 Year
I have been trading with Scandinavian Capital Markets (SCM) for about 4 years.

Although they are a small brokerage, their technology works in pair with some of the largest brokers in the market, like REMOVED and REMOVED. Keep in mind that their pairs are limited, so if you are looking for a broker that has it all, SCM is not one of them.

However, they excel on the pairs that they do have, offering raw (and competitive) spreads, incredible execution and deep pools of liquidity.

I highly recommend SCM for professional traders that are looking to customize their accounts (trust me, those guys know how to tailor an account perfect for you), as well as every day traders that are looking for the instruments that they offer, with a solid technology and personal customer service.
Forex Peace Army
Review moderation team note
5 Star Rating removed.

This review appears to have originated in the same location in Israel used by the representative of Scandinavian Markets.

Per FPA policy, the rating on this review has been set to Zero stars.
M
Budapest, Hungary,
May 24, 2022,
Registered user

Excellent and honest broker

Service use: Live Length of use: 3-6 Months
I have been trading with them for a while and had no issues at all. The instruments are limited but the execution is good. The withdrawal was really fast and their customer service is super responsive. It definately worth trying them out.