Scandinavian Capital Markets is an online trading broker that trades on Forex, Cryptocurrencies, Indices, and Commodities. This broker is based on MetaTrader4, cTrader, and Custom FIX API Trading. Clients have so many options for choosing the trading platform with this broker. There is a separate section on their website named Education. In this section, the broker features daily market updates, weekly live streams, and seasonal events with the top traders, analysts, and industry experts. From these activities, a newbie trader can gain valuable knowledge about trading.

Scandinavian Capital Markets has two types of trading accounts to match their clients' trading demands and desires. These accounts are named Vanuatu and Sweden. Both of these accounts are described below:-

• Vanuatu:- This account type is STP/ ECN. The minimum deposit requirement for this account is $250. The maximum leverage this broker provides is 1:500. The spread is 0.0 pips on FX, Metals, and Crypto and the commission is $7 per lot. This broker provides 2.0 pips of spread on Commodities and Indices with $0 of commission.
• Sweden:- The account type is ECN. The minimum deposit on this account is $10,000. The commission per lot in this account is $10. The spread in this account starts from 0.0 pips. The maximum leverage in this account is 1:100. This account accepts bank wire funding only.