About SCM Consulting
SCM Consulting has been providing financial services since 2018. The company is registered in Cyprus and has a corresponding registration number. CySEC is listed as the licensing provider according to the website. The full name of the company is Capital Management Consulting Limited. Potential clients are offered some of the best trading conditions in the Forex market, as claimed by the broker, as well as innovative products. Despite these claims, the broker’s activities resemble those of a high-yield investment program. The head office of SCM Consulting is located in London, according to the website. To start working with the broker, registration and creation of a personal account are required. The corresponding form needs to be filled out with contact details such as country of residence, phone number, email address, and password. A confirmation email will be sent to the provided email address, after which the account needs to be confirmed by following a link.
Contact Information for SCM Consulting
The following contact information is provided for communication with the administration: +1 (800) 123-4567, [email protected]. The broker lists the coordinates of its office located in London. A feedback form can also be used.
Investment Opportunities at SCM Consulting
Potential clients are offered 4 types of PAMM accounts that can be opened:
- Bogdanov Fund. This investment solution involves a capital of $72,848. It is stated that the deposit amount will be returned in 1 month, with a profitability of 49.2%.
- Guritsky Fund. The entry threshold starts at $84,490. The profitability reaches 0.2%, and the deposit will be recouped within 31 days.
- Mihalchuk Fund. The capital size for this tariff starts at $134,457. Potential clients can achieve a profitability of 110.3%. Funds will be recouped in 1 month.
- Fornsa Fund. Activated with a deposit of $42,865. The conditions are as follows: profitability of 14.5%, and the deposit will be returned after 31 days.
The broker does not disclose details of tariff plans for Forex trading on its website. It is known that traders are offered more than 11,700 instruments for their work. To prevent the loss of client funds, the broker provides information about the availability of an insurance program and mentions an insurance fund. Work processes can be conducted from a mobile device, with the broker providing a download link for the terminal.
Account Funding and Withdrawal from SCM Consulting
The company works with the following payment channels: credit/debit cards and e-wallets. More detailed information is not provided. Commission rates and time frames are not disclosed. Due to anti-money laundering measures, users are required to undergo a verification process.
Conclusion
Potential clients are offered the opportunity to earn income through Forex trading and investments. Advantages of working with the company include details such as licensing. Among the drawbacks are the lack of trading information, absence of a demo mode, and a partner program. It is recommended not to trust such dubious companies. In case of doubts, it is advisable to consult with a specialist.