Scandinavian Capital Is A Brokerage Based In Sweden. Although The Company Operates In An Unregulated Environment, It Offers Trading Opportunities In Forex, Indices And Commodities, Covering Three Account Types: Free, Professional And Institutional. Clients Do Not Require A Minimum Deposit And Can Access Financialmarekt Through Popular Trading Platforms Such As MetaTrader 4, MetaTrader 5 And CTrader, With The Option To Trade Using A Demo Account.
The Company Provides Comprehensive Customer Support Via Phone, Email And Work Order System, Ensuring That Clients Receive Assistance In A Timely Manner. In Addition, Scandinavian Capital Offers A Variety Of Deposit And Withdrawal Options, Making It Convenient For Clients To Manage Their Funds. The Brokerage Also Provides Educational Resources, Including News Updates, Articles, And Educational Materials, To Help Clients Keep Their Information Updated And Enhance Their Trading Knowledge And Skills.
Regulatory Status
Scandinavian Capital Operates As An Unregulated Trading Platform. In The Absence Of Regulatory Oversight, An Unregulated Trading Platform May Be Vulnerable To Market Manipulation And Insider Trading. This Can Distort Market Prices, Give Unfair Advantages To Certain Traders, And Undermine The Integrity And Transparency Of The Market.
Advantages:
Range Of Market Tools: Scandinavian Capital Offers A Wide Range Of Trading Options, Allowing Clients To Access A Variety Of Asset Classes, Such As Forex, Indices, And Commodities, Offering Diverse Opportunities Across Different Trading Strategies.
Multiple Account Types: Different Types Of Accounts Are Available, Including Free, Professional And Institutional Accounts, Allowing Clients To Choose The One That Best Suits Their Trading Preferences And Investment Goals, Offering Flexibility And Customization Options.
No Minimum Deposit Requirement: Scandinavian Capital's Zero Minimum Deposit Requirement Enables Traders Of All Levels, Both Beginners And Those With Limited Funds, To Start Trading Without Facing Significant Financial Hurdles.
Availability Of Popular Trading Platforms: By Accessing Popular Trading Platforms Like MetaTrader 4 And MetaTrader 5, Clients Can Benefit From Advanced Trading Tools, Charting Capabilities And Automated Trading Features, Enhancing Their Trading Experience And Efficiency.
Comprehensive Customer Support: Scandinavian Capital Offers Multiple Channels Of Customer Support, Including Phone, Email, And Ticket Systems, Ensuring That Clients Can Receive Timely Assistance And Resolve Their Questions And Concerns.
Cons:
Unregulated Status: Lack Of Regulation Means That Scandinavian Capital Operates Without Oversight From Regulators, Potentially Exposing Investors To Risks Such As A Lack Of Investor Protection And Regulatory Oversight.
Limited Transparency: Lack Of Regulatory Oversight May Result In A Lack Of Transparency Regarding The Broker's Operations, Including Its Internal Policies, Financial Practices, And Adherence To Industry Standards.
Latent Risk Market Manipulation: In The Absence Of Regulatory Oversight, There Is A Higher Risk Of Market Manipulation And Unfair Trading Practices, Which Can Adversely Affect Investors And Undermine The Integrity Of The Trading Environment.
Legal Uncertainty: Operating In A Regulatory-free Environment Can Create Legal Ambiguity For Brokers And Their Clients, Leading To Challenges In Resolving Disputes, Enforcing Contracts, And Ensuring Compliance With Applicable Laws And Regulations.
Limited Educational Resources: Scandinavian Capital May Offer Fewer Educational Resources And Materials To Help Clients Improve Their Trading Skills And Knowledge, Compared To Regulated Brokers, Potentially Affecting Clients' Overall Trading Experience And Success.
Market Tools
Scandinavian Capital Offers Clients A Wide Range Of Market Tools, Including Forex, Indices And Commodities, Providing Clients With Trading Opportunities Across Different Asset Classes.
Forex: Scandinavian Capital Offers A Range Of Forex Trading Opportunities, Allowing Clients To Trade Currency Pairs From Major, Minor And Exotic Currencies. Forex Trading Offers Investors The Opportunity To Profit By Taking Advantage Of Currency Pair Price Fluctuations. Clients Can Trade Currencies Through The Forex Market, Enjoying High Liquidity, 24-hour Market Availability And Low Transaction Costs.
Indices: Scandinavian Capital Provides Access To A Variety Of Global Stock Market Indices, Allowing Clients To Trade Contracts Based On The Performance Of Major Stock Indices Such As The S & P 500, NASDAQ, FTSE 100, Etc. Index Trading Enables Investors To Speculate On The Overall Performance Of A Basket Of Stocks Representing A Particular Market Or Sector, Thus Exposing Them To Broad Market Volatility Without Investing In Individual Stocks.
Commodities: Scandinavian Capital Offers Trading Opportunities In Precious Metals Such As Gold And Silver, Energy Commodities Such As Crude Oil And Natural Gas, And Commodities Such As Agricultural Commodities Such As Corn And Wheat. Commodity Trading Enables Investors To Participate In Price Fluctuations Of Physical Commodities Traded On Global Commodity Exchanges. By Trading Commodities, Investors Can Diversify Their Portfolios, Hedge Against Inflation, And Take Advantage Of The Dynamics Of Supply And Demand In Commodity Markets.
Account Types
Scandinavian Capital Offers Three Account Types: Free Account, Professional Account, And Institutional Account.
Free Account: This Account Type Is Free And Includes Raw Spreads And A Trading Threshold Of 30 Lots Per Month.
Professional Account: Priced At $4 Round-trip Per Lot, This Account Includes All The Features Of A Free Account, As Well As Unlimited Trading Volume, Premium Support, And Access To FIXAPI.
Institutional Account: Customized Pricing Is Available For This Account Type, And Interested Parties Can Contact Sales For More Information. It Includes All The Features Of A Professional Account, As Well As Exclusive Support, Custom Liquidity Provision, And Liquidity Reporting.
Trading Platform
Scandinavian Capital Offers Traders Industry-leading Trading Platforms, Including MetaTrader 4, MetaTrader 5, And CTrader.
MetaTrader 4 (MT4): MetaTrader 4 Is A Widely Used Trading Platform Known For Its User-friendly Interface, Advanced Charting Tools, And Customizable Features. With MT4, Traders Can Execute Trades On A Variety Of Financial Marekts, Obtain Real-time Market Data, And Use Automated Trading Strategies Through Expert Advisors (EAs).
MetaTrader 5 (MT5): MetaTrader 5 Is The Successor To MT4, Providing Traders With Enhanced Features And Capabilities. In Addition To All The Features Of MT4, MT5 Offers Access To More Markets, Improved Technical Analysis Tools, And An Economic Calendar. Traders Can Also Use MT5 For Multi-asset Trading, Including Stocks, Futures, And Cryptocurrencies.
CTrader: CTrader Is A Powerful Trading Platform Known For Its Intuitive Interface, Lightning-fast Execution Speed, And Advanced Order Management Capabilities. CTrader Offers A Variety Of Charting Tools, Customizable Layouts And Integrated Trading Signals. It Is Particularly Popular With Active Traders And Institutional Clients Due To Its Advanced Trading Features And Comprehensive Market Analysis Tools.
Deposits And Withdrawals
Scandinavian Capital Offers Its Clients A Variety Of Deposit And Withdrawal Methods To Meet Their Needs.
Skrill: Skrill Is A Popular Digital Wallet That Allows Users To Send And Receive Payments Securely Online. Clients Can Use Skrill To Top Up Scandinavian Capital's Trading Accounts, Providing A Convenient And Efficient Payment Solution.
VISA: VISA Is One Of The World's Leading Payment Networks That Enables Customers To Deposit Funds Into Their Trading Accounts Using A VISA Debit Or Credit Card. At Scandinavian Capital, VISA Deposits Provide Customers With A Secure And Widely Accepted Payment Option.
Diners Club International: Diners Club International Is A Global Payment Network That Provides Customers With Another Option To Deposit Funds Into Their Trading Accounts. Diners Club International Cardholders Can Easily Transfer Funds To Scandinavian Capital For Trading Purposes.
JCB: JCB Is A Japan-based Major Credit Card Issuer That Provides Customers With An Additional Payment Method For Depositing Funds Into Their Trading Accounts. With JCB, Clients Can Safely And Conveniently Deposit Funds To Support Their Trading Activities.
Tether (USDT) And USDC: Tether (USDT) And USD Coin (USDC) Are Stablecoins That Anchor The Value Of The US Dollar. Clients Can Use These Stablecoins To Deposit Funds Into Their Trading Accounts, Providing A Stable And Reliable Payment Option.
SEPA: SEPA (Single Euro Payment Area) Transfers Enable Clients To Make Euro-denominated Payments Within The European Union. Scandinavian Capital Accepts SEPA Transfers For Deposits And Withdrawals, Providing Clients With A Convenient Way To Trade In Euros.
Bank Transfer: Bank Transfer Is A Traditional Payment Method That Allows Customers To Transfer Money Directly From Their Bank Account To Scandinavian Capital's Trading Account. Bank Transfer Provides A Safe And Secure Way To Access Funds.
Alipay: Alipay Is A Widely Used Mobile Payment Platform In China That Allows Customers To Deposit Funds Into Their Trading Account Using Their Alipay Account. Alipay Deposits Provide Customers With A Convenient And Accessible Payment Solution.
Banco Santander: Banco Santander Is A Global Banking Institution That Offers Customers Another Option To Transfer Funds. Customers Can Use Santander Bank For Secure Deposits And Withdrawals At Scandinavian Capital.
Fast Transfer: Fast Transfer Is An Instant Bank Transfer Service Provided By Skrill That Enables Customers To Deposit Funds Into Their Trading Accounts Quickly And Securely. Fast Transfer Deposits Provide Customers With Fast And Convenient Payment Options.
Paysafecard: Paysafecard Is An Advance Payment Method That Allows Customers To Purchase Vouchers And Use Them For Transaction Funds At Scandinavian Capital. Paysafecard Deposits Provide Customers With A Secure And Anonymous Payment Option.
CUSTOMER SUPPORT
Scandinavian Capital's Customer Support Features, Including Telephone Support, Email Help And A Ticket System, Are Designed To Provide Customers With A Convenient And Efficient Channel To Resolve Issues And Get Help When Needed.
PHONE: Customers Can Contact Scandinavian Capital's Customer Support Team Directly By Phone On + 46 8 446 85920. This Allows For Real-time Communication And Immediate Assistance From A Knowledgeable Representative, Ensuring That Any Issues Or Queries Are Resolved In A Timely Manner.
EMAIL: Customers Can Also Get In Touch With The Customer Support Team By Emailing Support@scandinavianmarkets.com. By Sending An Email, Clients Can Elaborate On Their Issues Or Concerns And Receive A Written Response From The Support Team. This Email Support Service Enables Efficient Communication And Provides A Record Of The Correspondence For Future Reference.
Conclusion
Overall, Scandinavian Capital Offers Multiple Market Instruments, Multiple Account Types, No Minimum Deposit Requirements, A Popular Trading Platform, And Comprehensive Customer Support. However, Its Unregulated Status Makes Transparency And Legal Uncertainty Questionable.
Additionally, There Is A Risk Of Market Manipulation And Educational Resources May Be Limited.
