Where is SCM located?
SCM has its headquarters in Stockholm, Sweden and has support staff in Canada and Spain.
Where is SCM regulated?
SCM is registered with the Swedish Financial Supervisory Authority (Finansinspektionen) with Reg. No. 556863-5972
Who founded SCM?
SCM was founded by a group of senior trading professionals from Sweden with extensive experience in the FX market. The management has held many senior roles in institutional financial companies and have been able to utilize that knowledge in SCM.
What accounts do you offer?
Our accounts range from beginner to professional accounts.
In which currency pairs can i deposit my account?
You can fund your account in USD, EUR and SEK.
Do you operate a dealing desk?
No, SCM does not operate a dealing desk. SCM’s business model is strictly an agency model that facilitates STP trades to the market.
What currency pairs do you offer?
We offer 30 plus currencies from the majors to the exotics. Download our demo to see our currency offerings. If there is a special pair you trade, please let us know and we can create a custom account for you..
How are my founds protected?
As SCM strictly holds client deposits in segregated accounts with tier one banks which means client funds are never co-mingled with the company funds. As such, client funds are only used to cover margin for the clients trading purposes and are never used in the company’s balance sheet.
What are your trading hours?
The market is open from Sunday 22:05 to Friday 21:50 GMT with certain differences on other instruments.
What leverage you offer?
We offer a maximum leverage of 100:1.
Do you allow scalping?
Do you allow hedging?
Do you accept US clients?
Unfortunately, due to the Dodd-Frank regulation, we cannot accept US clients.