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Account Features

We provide clients with the ultimate package of brokerage account features: competitive spreads, low trading commissions, ultra-low latency access and customizable, world-class, deep pools of liquidity; all built on transparency and the forex industry's best trading practices.

Account Highlights

Deposits and Withdrawals​

We take pride in practicing transparent, secure and prompt forex business, especially when it comes to handling clients’ funds.

Depositing Funds​​

Our deposit method is bank wire. Deposits are credited to the client’s trading account within one business day from the moment they reach our bank. Wiring instructions can be found in the Client Portal under the Fund tab or can be obtained from our client support. Deposits are accepted in USD, EUR, and GBP.

Withdrawing Funds​

Withdrawal requests are processed within 24 hours on business days. Requests submitted during weekends are processed on Mondays. Funds are returned to the client’s bank account. Third-party banking is not allowed. It is important to note that it can take up to 5 business days before the withdrawn funds arrive in the client’s bank account. To withdraw the funds log in to your Client Portal go to the Withdraw tab, fill in the amount and your banking details and click Request.

Islamic Accounts

At Scandinavian Capital Markets we believe in every trader’s right to pursue their financial goals in a fair trading environment while respecting their beliefs. As such, we have introduced Islamic accounts compliant with the rules of Sharia.

Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, in accordance with the Islamic faith. On these accounts, the swap fees are replaced by daily administration charges.

NOTE: The minimum deposit for an Islamic account opened on the MT4 platform is $1,000,000. For accounts opened on the cTrader platform, the minimum deposit is $10,000. Certain Forex products are not offered on Islamic accounts, and trading these particular pairs is subject to the interest on overnight positions.


Are you ready?

Open your account today and start trading.

Still have questions? Talk to a relationship manager.