Best Forex Brokers in Norway for 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top Forex trading platforms in Norway based on our analysis:
- 1
AvaTrade - Best Forex broker in Norway - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 3
Libertex Europe - Tight spreads and attractive trading conditions. Wide range of underlying assets. A rich set of educational resources and market analysis. - 4
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 5
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 6
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HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 8
Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure. - 9
ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 10
HYCM - Well-regulated broker. An extensive set of educational materials. Diversity of trading assets.
This detailed guide aims to assist you in selecting a broker that aligns seamlessly with your trading strategy while emphasizing the safeguarding of your investments. The brokers featured here stand out due to their distinct characteristics, cutting-edge technology, and robust security measures, guaranteeing an exceptional trading experience in Norway's vibrant Forex market.
Comparison of the Best Forex Brokers in Norway
| Broker | AvaTrade | XM | Libertex Europe |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.6/5 |
| Foundation Year | 2005 | 2009 | 2012 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles | Cyprus |
| Regulators | |||
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0.1 points |
| Trading Assets (CFDs) |
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| Review | AvaTrade Review | XM Review | Libertex Europe Review |
| Broker Comparison | |||
| Register | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | Register86% of retail investors lose money when trading CFDs with this broker |
List of the Best Norwegian Forex Brokers for 2026
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inactivity fee.
- Standard account has a higher spread than the market average.
3. Libertex Europe
Libertex is an established broker (CySEC regulated) with a wide range of underlying assets and a solid range of educational materials. The platforms—the in-house Libertex and MT4/MT5—cover standalone trading, while Libertex Invest allows commission-free investing in stocks for long-term strategies.
Clients choose between the Libertex Account, MT4/MT5 Market accounts for active traders, and Libertex Invest for stocks. Pricing is competitive with 0% deposit fees and convenient deposit/withdrawal options. Restrictions: no fixed spread or Islamic accounts.
Pros and Cons of Libertex Europe
Pros
- Tight spreads and attractive trading conditions.
- Wide range of underlying assets.
- A rich set of educational resources and market analysis.
- Strong platform lineup: proprietary Libertex and professional MT4/MT5.
- Commission-free investing in stocks is possible through Libertex Invest (market spreads apply).
- Instant, fee-free deposits and a wide choice of funding and withdrawal methods.
Cons
- An inactivity fee applies to clients with a total account balance less than 5000 euros (4500 GBP, 5300 CHF, 22500 PLN respectively).
- No fixed-spread accounts and no Islamic accounts.
4. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
5. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
6. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
7. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
8. Deriv
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
9. ActivTrades
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
10. HYCM
HYCM is one of the Forex and CFD market leaders whose reputation is backed by strict regulation by major financial authorities such as the FCA, CySEC and DFSA. This ensures high protection of the client's funds and compliance with regulatory standards. The broker offers a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, recognized as some of the most reliable and functional in the industry. The variety of trading instruments available allows you to create a diverse investment portfolio, while a rich selection of educational resources supports traders at all stages of their professional development.
HYCM will be most suitable for traders looking for reliability and diversity in the toolkit without worrying about high commissions and a lack of innovative platforms. This broker is ideal for experienced traders who can use the analytical and educational resources provided to improve their trading strategies.
Pros and Cons of HYCM
Pros
- Well-regulated broker.
- An extensive set of educational materials.
- Diversity of trading assets.
Cons
- Absence of proprietary trading platform.
- No social trading.
Regulation of Forex Brokers in Norway
In Norway, the activity of Forex and CFD brokers is governed by stringent rules and regulations designed to protect investors, ensure the integrity of trading operations, and maintain financial stability. The primary regulatory authority in the country is the Financial Supervisory Authority of Norway (Finanstilsynet), which establishes and enforces compliance standards for financial institutions, including Forex brokers.
Finanstilsynet diligently ensures that brokers adhere to norms related to the transparency of financial operations, the segregation of client funds, and the provision of accurate risk information. This includes mandatory risk warnings and limitations on leverage, which help minimize the likelihood of significant losses for traders.
Moreover, Norway complies with European Union legislation, including the Markets in Financial Instruments Directive (MiFID II), promoting harmonization and efficiency of financial markets across Europe. This provides further protection for investors by establishing standards for operational transparency and risk management.
This comprehensive regulatory framework makes Norway one of the most reliable and secure markets for Forex trading. Thanks to strict regulations, Norwegian traders can trust in the protection of their interests and the stability of their interactions with brokers, creating optimal conditions for successful Forex trading.
How We Compiled the List of Top Forex Brokers in Norway
Our approach to identifying the leading Forex trading platforms in Norway involved meticulous precision and a comprehensive set of benchmarks:
- Thorough Research and Evaluation. We started by assembling an extensive Forex sites list that met our predefined criteria. Each broker was meticulously scrutinized through a detailed evaluation methodology to assess their services and operational efficiency in an unbiased manner.
- Regulatory Adherence. We focused on brokers regulated by recognized financial authorities such as the Financial Supervisory Authority of Norway (Finanstilsynet) and other reputable European regulators like the CySEC, BaFin, or FCA. This ensures the brokers operate transparently and comply with stringent financial standards.
- Trading Conditions and Platforms. We evaluated brokers based on their trading conditions, including spreads, fees, minimum deposits, and the variety of trading instruments available. The quality and usability of their trading platforms were also assessed, with a preference for those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as proprietary platforms with advanced features.
- Customer Support and Localization. The quality of customer support was a key factor, particularly the availability of support in Norwegian and accessible communication channels. We also considered brokers that offer localized services, such as websites and educational resources in Norwegian, to better serve Norwegian traders.
- User Feedback. We incorporated genuine feedback from traders who have used these brokers to provide a well-rounded view of each broker's strengths and weaknesses. This includes aspects like ease of use, customer service experiences, and overall satisfaction.
By carefully considering these factors, we have compiled a list of the top Forex brokers in Norway, ensuring that they meet the high standards expected by Norwegian traders.
FAQ
Is Forex trading legal in Norway?
Yes, Forex trading is legal in Norway. It is regulated by the Financial Supervisory Authority of Norway (Finanstilsynet), ensuring that brokers operate under strict guidelines to protect investors and maintain market integrity.
Which broker is best for beginners in Norway?
The best broker for beginners in Norway is often considered to be one that offers comprehensive educational resources, user-friendly trading platforms, and robust customer support. Brokers like AvaTrade and FBS are popular choices due to their extensive learning materials and intuitive platforms.
What are the top Forex brokers in Norway?
Some of the top Forex brokers in Norway include Pepperstone, IC Markets, and AvaTrade. These brokers are well-regulated, offer competitive trading conditions, and provide excellent customer support.
How do I verify if a Forex broker is regulated in Norway?
You can verify if a Forex broker is regulated in Norway by checking the Financial Supervisory Authority of Norway's (Finanstilsynet) official website. The site lists all licensed financial institutions and brokers operating within Norway.
Which Forex broker offers the lowest spreads for Norwegian traders?
Brokers like Pepperstone and IC Markets are known for offering competitive spreads. It's important to compare the spreads on the specific currency pairs you intend to trade as these can vary between brokers. For more options, check out this list of low spread Forex brokers.
Do you need to pay tax on Forex trading in Norway?
Yes, profits from Forex trading are subject to taxation in Norway. It's recommended to consult with a tax professional to understand your tax obligations and ensure compliance with local tax laws.
What is negative balance protection in Forex trading?
Negative balance protection ensures that traders cannot lose more money than they have deposited into their trading account. This feature is crucial for limiting potential losses and protecting traders from market volatility.
Can I trade Forex without a broker?
No, you cannot trade Forex without a broker. Brokers provide access to the Forex market, trading platforms, and necessary tools for executing trades.
How much money do I need to begin Forex trading?
The amount of money needed to begin Forex trading varies by broker. Some brokers allow you to start with as little as $100, while others may require a higher minimum deposit. It's important to choose a broker that aligns with your budget and trading goals.
What is a segregated fund in Forex trading?
A segregated fund in Forex trading refers to the practice of keeping client funds separate from the broker's operating funds. This ensures that client money is protected and can be returned to them in the event of the broker's insolvency.
Is customer support available in Norwegian?
Many brokers catering to Norwegian traders offer customer support in Norwegian. It's advisable to choose a broker that provides support in your preferred language to facilitate easier communication.
Is cryptocurrency trading available in Norway?
Yes, cryptocurrency trading is available in Norway. Many Forex brokers also offer cryptocurrency trading options, allowing you to trade various digital currencies alongside traditional Forex pairs.
Which Forex trading platform is best in Norway?
Popular Forex trading platforms in Norway include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms are known for their user-friendly interfaces, advanced charting tools, and robust security features. For more information, check out this list of Forex brokers using MetaTrader 5.
How to open a trading account from Norway?
To open a trading account from Norway, follow these steps:
- Choose a regulated Forex broker.
- Complete the online application form on the broker's website.
- Submit the required identification and verification documents.
- Fund your trading account.
- Start trading once your account is approved.
Who regulates Forex trading in Norway?
Forex trading in Norway is regulated by the Financial Supervisory Authority of Norway (Finanstilsynet). This body ensures that brokers comply with financial regulations to protect traders and maintain market integrity.
Do Forex brokers need to be regulated by ESMA to operate in Norway?
While Forex brokers operating in Norway must comply with Norwegian regulations, they often also adhere to European Securities and Markets Authority (ESMA) guidelines due to Norway's membership in the European Economic Area (EEA). This ensures alignment with broader European financial regulations.
How can I verify that my broker has negative balance protection?
You can verify if your broker offers negative balance protection by checking their official website or contacting their customer support. This information is typically provided in the broker's account features or terms and conditions sections.
