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Scandinavian Capital Markets

SCM is founded and located in Stockholm Sweden. With our roots beginning in private wealth management for the banks and wealthy, we are happy to make the natural extension into brokerage services. We are now able to share our competencies and efficiencies in technology with the public. We have established the 3 Pillars of Excellence as a standard for us to serve you with honesty and integrity.

SCM Accounts Types

SCM Prime

Spreads From: 1.4 pip
Minimi Deposit: 2000 USD
Account Currency: USD
Account Type: ECN
Maximum Leverage: 1:100
Commission: No Commission
Free Beeks FX VPS: No
ForexAnalytix: Yes*
Trading Styles Allowed. All
Support: 24/5
Minimum Trade Size: 0.01 lot
One Click Trading: Yes
Negative Balance Protection: Yes
MyFXBook Auto Trade No

SCM Premium

Spreads From: 0.2 pip
Minimi Deposit: 10000 USD
Account Currency: EUR/USD
Account Type: ECN
Maximum Leverage: 1:100
Commission: 50 per million
Free Beeks FX VPS: Yes*
ForexAnalytix: Yes*
Trading Styles Allowed. All
Support: 24/5
Minimum Trade Size: 0.01 lot
One Click Trading: Yes
Negative Balance Protection: Yes
MyFXBook Auto Trade Yes

SCM Institutional

Spreads From: 0.2 pip
Minimi Deposit: 50,000 USD
Account Currency: EUR/USD/GBP/SEK
Account Type: ECN
Maximum Leverage: 1:100
Commission: Custom
Free Beeks FX VPS: Yes*
ForexAnalytix: Yes*
Trading Styles Allowed. All
Support: 24/5
Minimum Trade Size: Custom
One Click Trading: Yes
Negative Balance Protection: Yes
MyFXBook Auto Trade No

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Market Analysis

Daily Forex Technical Analysis: Sep, 25, 2018

AUDNZD is trading at the 50% fibonacci retracement level, with the default target for this pattern being at previous structure support.

Daily Forex Technical Analysis: Sep, 24, 2018

Bitcoin has broken the 61.8% retracement and is approaching the 78% retracement which will be near term support. A break below $6427 will be a very bearish development.

Daily Forex Technical Analysis: Sep, 23, 2018

The bund rally stopped today at the 160.50 resistance as we had expected, and the upside momentum may be stalling here, however a down trend line has been broken and we closed above it as well.

Daily Forex Technical Analysis: Sep, 22, 2018

As expected, the DAX turned away from key resistance. Support is holding for now at 12900 which will be key for the bullish structure.

Daily Forex Technical Analysis: Sep, 21, 2018

In the S&P500, a rejection of resistance may be setting up a near term double top with key resistance at 2745. Longs be cautious.

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Disclaimer

All transactions on the currency spot market are speculative and all investments should be made using risk capital that is not crucially required. There may be a considerable risk of losses on the currency spot market and all transactions using Scandinavian Capital Markets SCM AB are at risk of capital loss. You should consider carefully whether such investments are appropriate to you, taking into account your financial assets. We advise everyone to seek independent advice regarding issues concerning investments on the currency spot market. No information on this website should be understood to constitute financial advice from Scandinavian Capital Markets SCM AB. It is published for information and marketing purposes. SCM does not accept clients from the U.S, Iran, Syria, North Korea, Yemen and Cuba. SCM may reject any applicant from any jurisdiction at their sole discretion without the requirement to explain the reason why.

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