SCM Consulting Broker Information
- Jurisdiction: -
- Regulators: Cyprus: HE 341520.
- Founded: 2018
SCM Consulting Quick reference
According to the information on the website, SCM Consulting offers its customers the best trading conditions in the Forex market and innovative products. The full title of the organization is Capital Managment Consulting Limited. The website shows the date of foundation – it was December 12, 2018. The broker's office is located at 130 Old Street, London, England, EC1V 9BD. On the main page of the broker's site, you can also see the phone number, email address for communication with the administration. Online chat support, according to the information provided, is missing.
According to the information on the site, the founders give information about the team. Photos and names of executives are presented.
Registration and personal account with SCM Consulting
To start working with the broker, you must go through the registration process. To do this, click on the “Join now” button. After that, a registration form appears before the user, where it is necessary to fill in the following fields: email address, phone number, first and last name, password, country. After that, you need to confirm the registration procedure by clicking on the link in the email.
To register, the user can choose a convenient language.
SCM Consulting trading accounts
The company’s website lists four types of PAMM accounts that they offer to open to clients:
- Bogdanov Foundation. The amount of capital for this type of account is $ 72,848. The return period is 1 month, 49.2%.
- Guritsky Foundation. The amount of capital for this type of account is $ 84,490. The return period is 1 month, 0.2%.
- Mikhalchuk Foundation. The amount of capital for this type of account is $ 134,457. The return period is 1 month, 110.3%.
- Forns Foundation. The amount of capital for this type of account is $ 42,865. The return period is 1 month, 14.5%.
Trading conditions with SCM Consulting
The creators of the broker offer traders more than 11,700 instruments for trading and 8 types of assets for profit. The site contains information that the activities of the SCM Consulting broker are regulated by the financial authority of Cyprus. The license number is 281/15, which was issued on September 25, 2015. According to the information on the resource, registration number is HE 341520.
Clients are also provided with information on the existence of insurance program and compensation fund to prevent potential loss of funds of traders.
The site contains information that customers can trade using a smartphone.
The site has links where you can download the application for trading.
Depositing and withdrawal of funds with SCM Consulting
The broker works with the following types of electronic payment systems: Visa, Mastercard, Paypal, Bitcoin. However, there is no exact information regarding the withdrawal and deposit of funds on the site.
Conclusion about SCM Consulting broker
The broker SCM Consulting allows you to conduct trading transactions in the Forex market, according to the information provided on the site. The team offers to open four types of PAMM accounts and conduct transactions using a smartphone.
However, there is little information on the site about the terms of trade, account replenishment and withdrawal of funds. The “Customer Agreement” section indicates that exact payment information is not provided. In addition, in this section it is noted that the client is obliged to monitor the implementation of payments. This information indicates the presence of risks when working with a broker, so traders should be careful.
Before opening an account with SCM Consulting broker, you should consult with experts to prevent loss of funds.