Banking Best Practice

Posted by Arif Alexander Ahmad on 07-Mar-2019 21:47:55

Congratulations on discovering a better way to trade. Whether you know it or not, you are about to embark on a journey that will lead you to the frontier of foreign exchange currency trading, one that is simpler, more transparent, and designed to provide you with the tools you need to succeed and thrive. Think of yourself as a pioneer, an explorer, an adventurer on the hunt for a new way to enhance the trading experience and find the right brokerage to fit your individual needs.

But before we begin, I’d like to ask you one thing…

Are you tired of feeling like just another account number?

While we respect and understand the challenges faced by new and experienced forex traders, here at Scandinavian Capital Markets we place a higher value on relationships than profits. We never resort to deliberately confusing or lazy, one-size-fits-all solutions. We believe in treating all of our clients as individuals. We also strive to help you maximize your trading opportunities, while also helping you gain a better understanding of the forex trading eco-system.

The entire Scandinavian Capital Markets team stands united in our commitment to providing you with a comprehensive trading platform using the latest technologies to make it fast and easy for you to become a forex trader; or push your existing forex trading activities to a higher plane. Our extensive experience in forex trading and international banking mean we know what works and what doesn’t. We can anticipate the challenges and obstacles you will face, and our broad knowledge of foreign exchange markets and platforms can help you navigate the maze of options available to you.

With Scandinavian Capital Markets, you don’t just get a trading platform, you get an innovative, forward-thinking, customer-focused brokerage ready, willing, and able to help you reach all your financial goals.

How do we do it? By combining a powerful new trading platform with years of experience and knowledge.

Scandinavian Capital Markets Banking: Safe and Secure

While other brokerages might conduct their business using offshore banks, our banks are in the European Union which provides a blanket of security for European traders to keep their funds within the EU. Currently, Scandinavian Capital Markets holds client funds in three of the largest Scandinavian banks: Swedbank, SEB, and Nordea. These three banks are known throughout Europe for being very well capitalized and safe. Liquidity is aggregated from different pools of banks and non-banks to provide competitive pricing. As a Swedish broker, we deal with well-capitalized Scandinavian banks, an alternative unavailable to offshore brokers like those located in Cyprus, St. Vincent, or Australia.

Competitive Pricing and the Liquidity Solution

In most cases, when a Forex trader deposits money with a broker that broker must send a portion of the deposit to their Liquidity Providers for margin purposes. This allows the trader to execute trades with the broker and for that broker to properly STP your trades to the Liquidity Provider. In this scenario, your funds are no longer sitting in the bank account of your Forex broker, but rather they are with the bank account of the Liquidity Provider. This traditional setup can put your deposit at risk with a counter party you may have never heard of.

Scandinavian Capital Markets is changing that though and proposing a new way of working with Liquidity Providers!

Scandinavian Capital Markets new liquidity solution means we will no longer send money to Liquidity Providers. By working with our liquidity providers, we have eliminated the need to send them margin capital. That’s just another reason our client’s can rest assured we work hard to protect their funds and eliminate additional counter party risk.

The Future of Forex

Scandinavian Capital Markets banking relationships are strong, making us well positioned to provide excellent security for our clients' needs. In the future, we will be adding additional many well-known Tier 1 banks to our roster. Our goal is to make our traders feel safe and provide top-notch security through fast deposit and withdrawals at our top tier banks.

Scandinavian Capital Markets strives to restore hope to forex traders who’ve been burned in the past by shady dealings and dishonest brokerages. We take a transparent and tech-oriented approach to forex trading, and that lets us create an entirely new forex experience.

Our innovative, integrative, tech-focused approach means you won’t just get one type of service. Instead, we will position you to take advantage of all the resources we have at our disposal, including our team of world-class management and analysis professionals. Having this all-star squad at our disposal means we can provide you with a truly customized customer service and help you make the most out of your forex trading.

 Commitment to Excellence

At the end of the day, we measure our success by how well our clients navigate the forex landscape. We feel lucky to help our clients discover the trading opportunities – and we are there, every step of the way, providing not just a trading platform, but a comprehensive trading experience.

Traders are always concerned about the safety of their funds. We understand those concerns, and everyone on the Scandinavian Capital Markets team is committed to making sure your funds are always safe and secure. One way we accomplish this goal is by following banking best practices that involve establishing long-term relationships with solid and reputable banks in respectable jurisdictions. Our ace in the hole? Our home-base of Scandinavia, a historic banking safe haven, known for its neutrality, honesty, and steadfastness. At Scandinavian Capital Markets, we are proud of our Swedish roots and our nation’s historical emphasis on fair-dealing and stability to provide an innovative forex service that combines the benefits of innovative technology with superior customer service.

Ready to experience the future of forex?

Topics: Trading, forex, Sweden, MT4, Banking, Business