Forex Brokers in Sweden

Sweden may not be an impressively-sized market population-wise, but it is certainly one of the international Forex trading powerhouses. The interest in the country for this particular type of investment-vehicle has always been great and that is truer now than ever before. Every truly engaged international Fx operator has its sights set on Sweden, and thus it is prepared to navigate its regulatory waters.

The Swedish economy is expected to contract in 2023 following a decline of 0.3% in Q3 and a 0.8% fall in Q2. Economists are predicting that the Swedish economy will stabilize in 2024 and return to growth in 2025. The fact remains that, on a GDP per capita basis, Sweden is one of the richest countries in the world. This goes a long way towards explaining why forex trading is such a popular option there.

A steadfast member of the EU, Sweden never felt the need to give up the flexibility and sovereignty that are provided by its own currency, the Swedish krona. About 2.3% of all Forex market activity is linked to the Swedish krona one way or the other. To actually trade the krona, one doesn’t have to use a Swedish-licensed or Sweden-based broker though.

As an EU member, Sweden allows forex brokers licensed by any EU-based authority to advertise and to offer financial services to the Swedish public. The top regulatory agency of the country is the FSA (Financial Supervisory Authority of Sweden), and its licensing requirements are rather strict. Needless to say, any corporate entity licensed by the FSA has the right to offer financial services all over the EU.

The FSA has been known to crack down on unlicensed brokerages peddling various dubious offers from time to time. In 2014 for instance, they put the Clearskies Group Ltd out of business.

Broker	Features	Regulator	Platforms	Next Step
Your capital is at risk Founded: 2014	User-friendly platform with great trade-analysis tools Leverage Up To 1:500 Spreads as low as 0.00 pips Quality trade execution thanks to high-spec IT infrastructure $0 minimum account opening balance 26,000 tradeable instruments Not available in all jurisdictions Regulatory infrastructure Read BlackBull Review	FSPR	MT4	Sign Up OPEN FREE DEMO ACCOUNT Read BlackBull Review
73% of retail CFD accounts lose money Founded: 2014 73% of retail C...	Well regulated Ultra-fast and high leverage trading Spreads as low as 0.0 pips Comprehensive research tools Relatively limited number of markets Does not accept US traders Read Tickmill Review	FSA SC	MT4, MT5	Sign Up TEST TICKMILL Read Tickmill Review
Your capital is at risk Founded: 2006 Europe* CFDs ar...	Multi-asset broker offering a wide variety of markets Strong regulatory framework Innovative risk management tools Choice of market-leading platforms Wide spreads on some markets Expiry date on Demo Accounts Read AvaTrade Review	ASIC, FSA, FSB, MiFID	MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader	Sign Up OPEN FREE DEMO ACCOUNT Read AvaTrade Review
Between 74-89% of CFD traders lose Founded: 2010 Between 74-89 % of retail investor accounts lose money when trading CFDs	Low trading costs Great market flow Research and analysis which helps spot trades Wide range of Copy and Social Trading options Limited range of non-forex markets Read Pepperstone Review	ASIC, FCA	MetaTrader 4, MetaTrader 5, cTrader	Sign Up OPEN FREE DEMO ACCOUNT Read Pepperstone Review
77% of CFD traders lose Founded: 2007 77 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.	Social and Copy Trading Platform Beginner Friendly Risk-free Demo Account Top-tier regulation Limited means of raising queries Withdrawal process isn’t really ‘client-focused’ Read eToro Review	ASIC, CySEC, FCA	eToro Platform	Sign Up OPEN FREE DEMO ACCOUNT Read eToro Review
Your capital is at risk Founded: 2009, 2015, 2017	Low minimum deposit Super- tight bid-offer spreads Impressive trading platforms Tier-1 regulators Difficult to contact tech support No Crypto Read XM Group Review	ASIC, CySEC, IFSC	MT4 Terminal, MT4 for Mac, Web Trader, iPhone/iPad Trader, Droid Trader, Mobile Trader, MT5	Sign Up OPEN FREE DEMO ACCOUNT Read XM Group Review
Your capital is at risk Founded: 2006	Very well regulated Comprehensive education section Fantastic customer service No cryptocurrencies Fees could be more competetive Read FxPro Review	CySEC, DFSA, FCA, FSB, SIA	MetaTrader4, MetaTrader5, cTrader, FxPro Edge (Beta)	Sign Up OPEN FREE DEMO ACCOUNT Read FxPro Review

Read our reviews of more forex brokers that did not make our top list above: