Withdrawing

Rely on our speedy withdrawal procedure

Speedy withdrawals

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 It is important to note that it can take up to 5 business days before the withdrawn funds arrive in the client’s bank account.

Open Account

Requesting a withdrawal is as easy as a few clicks

1

Withdraw tab

Log in to your Client Portal and go to the Withdraw tab.

2

Add your details

Fill in the amount and your banking details.

3

Confirm withdrawal

Click “Request” and that’s it! Welcome to easy trading.

Answers to commonly asked questions

Scandinavian Capital Markets is a true STP/ECN Forex broker. This means that we aggregate the best bid and ask prices from deep liquidity pools in the underlying FX market. These prices are provided by top tier investment banks.
How are my funds protected?
Scandinavian Capital Markets holds client deposits in segregated accounts with Tier One banks, which means client funds are never commingled with the company assets. 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.
Do you charge withdrawal or deposit fees, any interest or monthly maintenance fees?
We do not charge any kind of withdrawal or deposit fees, interest or monthly maintenance fees. Our bank applies a flat fee on withdrawals: USD 25, EUR 25 and GBP 27. Please also bear in mind your bank might charge some fees for these operations. We recommend you to check with your bank. If you deposit by Skrill we process your withdrawal as a refund to your Skrill account. No bank fees apply in this case.
Which banks are client funds held in?
Client funds are held in top-tier European banks.

Full FAQ

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Scandinavian Capital Markets is a STP-ECN forex broker. Our company is built on extensive knowledge of the foreign exchange market, expertise in technology, and a commitment to creating trusted long-term relationships with our clients, institutional money managers and professional traders.

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Scandinavian Capital Markets SCM AB is a Registered Financial Institution with the Swedish Financial Supervisory Authority, Finansinspektionen, under No. 80438. Company Registration No. 556863-5972.
Scandinavian Capital Markets Ltd., company registration no. 700472, is regulated by Vanuatu Financial Services Commission.

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. Scandinavian Capital Markets does not accept clients from the U.S., Afghanistan, Belarus, Burma, Burundi, Central African Republic, China, Congo, Cuba, Egypt, Guinea, Guinea-Bissau, Iraq, Iran, Indonesia, Lebanon, Lesotho, Libya, Maldives, Mali, Moldova, Nicaragua, Nigeria, North Korea, Pakistan, Russia, Somalia, Sudan, South Sudan, Syria, Tunisia, Turkey, Venezuela, Yemen, and Zimbabwe. Scandinavian Capital Markets may reject any applicant from any jurisdiction at their sole discretion without the requirement to explain the reason why.