How to fund your account
Fund your trading account via top-tier Scandinavian and European banks and various alternative payment methods, providing you with security, transparency and flexibility for your payments.
- $0 deposit fee
- Top european banks like SEB & Santander
- Segregated safeguarding accounts
- Multi-currency deposit methods
We offer unrivalled execution and liquidity through our numerous tier 1 prime brokers relationships and execution venue memberships.
We offer pure ECN/STP brokerage services to retail and institutional clients, fund managers and professional traders.
We provide customised liquidity, platforms, and pricing for institutional clients that require flexibility and a tailored solution.
1How are my funds protected?
We hold client deposits in segregated accounts with leading European banks, which means client funds are never commingled with the company assets. As such, client funds are only used to cover margin requirements for trading purposes and are never used in the company’s balance sheet.
2What funding options are available?
You can deposit via bank transfer using EUR, USD and GBP or using a payment card (VISA) via the payment service provider Skrill. We also accept payments via popular cryptocurrencies, such as BTC, ETH and USDT.
3What is the minimum deposit?
The minimum first-time deposit is $250. The minimum deposit for existing clients is $50.
4Do you charge any conversion fees?
When converting currencies for deposits and withdrawals, we always use the rate our bank or payment service providers apply, and they may apply a markup. Scandinavian Markets does not apply a markup to currency conversions.
5What should I use as a bank transfer reference?
When making a bank transfer to fund your trading account, please write your trading account number as the reference. Adding the reference is especially important if you have multiple trading accounts.
Ready to start trading?
Open your Scandinavian Markets trading account for true STP forex trading.