Being one of the most trusted STP-ECN brokers in the world, SCM only does business with the most reputable banks in the industry to ensure safety of funds. These include some of Scandinavia’s most trusted brands.
All client funds are held in a segregated trust account which ensures client money is always separated from the company and only used as margin to be able to execute the client’s trade. Given Sweden’s strong and well-capitalized banking infrastructure, SCM’s funds are held with Sweden’s largest banks which include:
SCM’s banking relationships allow you to deposit in a variety of currencies.
Your funds will be transferred to one of the following currencies that your account will be denominated in USD or EUR or another currency upon your request and internal approval. To begin trading it is required for you to deposit into your segregated trading account. You may deposit in the following currencies: AUD, USD, EUR, GBP, JPY, SEK, or another currency upon your request and internal approval.