Scandinavian Capital Markets Review - An In-Depth Look Into Their Trading Platform

In today's global trading environment, choosing the right broker is integral to an effective investment strategy. There are numerous factors investors must consider when selecting the right brokerage agency. Today, we bring an honest, unbiased review of a prominent online trading platform, Scandinavian Capital Markets. It's time to delve into their services, offerings, and overall reputation in the market.

Background:

Scandinavian Capital Markets, also known as SCM, operates two entities, namely Scandinavian Capital Markets SCM AB and Scandinavian Capital Markets Ltd. The company opened its doors in 2011 and joined the online trading world in 2019 - marking a decade of their active presence in the industry.

Regulation:

As for regulations, this brokerage firm takes it seriously. Scandinavian Capital Markets operates under strict compliance with legal boundaries, giving investors a peace of mind with their investments. This compliance also signifies SCM's commitment to fair financial practices.

Minimum Account & Position Size:

To accommodate a wide range of investors, the firm has set its minimum account size to $10,000. While this may seem high compared to some brokers, it caters to more serious and sizable investments.

On the other hand, Scandinavian Capital Markets has a minimum position size of 0.01. This figure sits within most traders' comfort zones affording both experienced investors and novices an opportunity to engage with the market at a comfortable scale.

Broker Features:

SCM offers a host of features that cater to investors' diverse requirements. Among these features are Multi-Account Manager (MAM), Segregated Accounts, and Percent Allocation Money Management (PAMM). These features can enable sophisticated portfolio management techniques and serve as a valuable tool for those traders interested in diversifying or protecting their investments.

Spreads & Leverage:

In the world of trading, low spreads play a significant role in promoting trading and driving profits. Fortunately, Scandinavian Capital Markets offers relatively low spreads. There was however, no specific information on the maximum leverage offered by the company at the time of this review.

Traders Exclusion:

Unfortunately, US-based traders are excluded from enjoying Scandinavian Capital Markets' trading platform and services. It remains unclear the exact reasons behind this decision although, it could be largely due to stringent regulations.

In Summary:

The above details reflect Scandinavian Capital Market’s performance in key areas that matter to investors. This broker provides their platform with aspects such as serious regulation, a reasonable minimum position size, and low spreads. Especially, the wide toolset they offer makes SCM a compelling vendor for investors, barring US traders for now.

It's essential to remind our readers while the company has maintained a good reputation over the years; you must always perform your diligence before deciding your investment strategies and platform. Stay tuned for upcoming reviews on additional trading platforms!

*The Brokerage Average Rating for Scandinavian Capital Markets was not mentioned in the provided material.