Scala Markets trading conditions are amongst the best in the industry.
Low Transaction Charges
77 trading instruments with institutional grade pricing
Up to 400:1 leverage
Ability to trade micro lots on currencies, metals and oil.
11 Major Index CFDs from 0.1 pip spread and $1 per point.
All trading styles welcome including all EA’s and full hedging
Licensed and regulated by ASIC.
Segregated client trust accounts with AA Rated banks
Professional indemnity insurance with Lloyds of London
Over 5+ years’ experience with a multi-award winning provider
Negative Balance protection^, automated Risk Management System
Offices in Melbourne, Dallas, Shanghai, Bangkok and London
24 hour live chat facility, emails and telephone support
Full self-service Secure Client Area for managing your account
Real time news feeds as well as education and market commentary
Regular webinars and trading education lessons
Absolute commitment to customer satisfaction
Trading and Execution policy
Scala Markets incorporates trade execution, with pricing from 22 banks and liquidity providers and 100% automated execution. Scala Markets has a commitment to absolutely ‘No Dealing Desk’ intervention on any of our trading instruments. Trade execution is from as low as 50ms of latency (0.05 of a second) and settled immediately. That means no delays, no rejects and no requotes.*
Negative balance protection^, automated Risk Management System *No dealing desk brokers work directly with multiple liquidity providers and orders are filled automatically, eliminating broker intervention. **Losses may exceed your deposit amount. The Scala Markets MT4 and cTrader platforms have a built-in automatic stop-out system, however this does not guarantee the balance will not go into negative; trade execution depends on market liquidity and pricing.
Our trading platform is not suitable for arbitrage trading and price gap trades and we do not advise this type of trading since this type of trading disrupts our liquidity provider counterparties. We monitor our trades and attempts to find arbitrage via our trading platforms may result in suspension or cancellation of trades if spotted.
Increasing the predetermined account leverage by artificial methods, including but not limited to exploiting MetaTrader 4’s system deficiencies is strongly prohibited. Under no conditions at a certain point in time, client’s margin requirements should not fall below the positions’ margin requirement. For example, if a customer opens hedged positions and closes one side of these positions, this is such a method. The transactions of the client, closed or open, may possibly be cancelled if such a case is caught and no refund would be available in that case.
In such a case, Scalamarkets LLC. is also reserving the right but not obligation of cancelling the account, by refunding the latest single deposit into this account after the last zeroing.