Deposits and Withdrawals

Deposits and Withdrawals

Scandinavian Capital Markets takes pride in practicing transparent, secure and prompt forex business, especially when it comes to handling clients’ funds.

Our clients’ funds are held in European banks of high repute and safety.

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 are found in the Client Portal under Fund tab, or can be obtained from Customer 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It is important to note that it can take up to 5 business days before the withdrawn funds arrive in the client’s bank account. Withdrawals are executed via Client Portal.

To withdraw the funds log in to your Client Portal, go to Withdraw tab, fill in the amount and your banking details and click Request.