Best Forex Brokers in Sweden for 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top 10 Forex brokers in Sweden based on our analysis:
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AvaTrade - Best Forex broker in Sweden - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 4
Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. Rich selection of educational materials and analytics. - 5
- 6
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 7
Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure. - 8
ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 9
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 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 perfectly with your trading strategy while safeguarding your investments. The brokers featured here stand out with their distinctive features, cutting-edge technology, and robust security measures, ensuring an exceptional trading experience in Sweden's dynamic Forex market.
List of the Best Forex Brokers in Sweden in 2025
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. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. 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.
4. Libertex
Libertex is an established broker offering various trading instruments and educational resources. With zero commission on deposits and various analytical tools, this broker can appeal to novice and experienced traders.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- Rich selection of educational materials and analytics.
Cons
- High swaps and inactivity fee.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
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 Sweden
In Sweden, the activities of Forex and CFD brokers are governed by stringent rules and regulations aimed at protecting investors, ensuring the integrity of trading operations, and maintaining financial stability. The primary regulatory authority in the country is the Swedish Financial Supervisory Authority (Finansinspektionen), which establishes and enforces compliance standards for financial institutions, including Forex brokers.
Finansinspektionen 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.
Additionally, Sweden 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 Sweden one of the most reliable and secure markets for Forex trading. Thanks to strict regulations, Swedish 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 Sweden
Our approach to identifying the leading Forex trading platforms in Sweden involved meticulous precision and a comprehensive set of benchmarks:
Thorough Research and Evaluation: We began by assembling an extensive Forex broker ranking 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 Swedish Financial Supervisory Authority (Finansinspektionen) and other reputable European regulators like 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 Swedish and accessible communication channels. We also considered brokers that offer localized services, such as websites and educational resources in Swedish, to better serve Swedish 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 Sweden, ensuring that they meet the high standards expected by Swedish traders.
FAQ
Is Forex trading legal in Sweden?
Yes, Forex trading is legal in Sweden. It is regulated by the Swedish Financial Supervisory Authority (Finansinspektionen), which ensures that brokers comply with stringent financial standards and regulations to protect traders.
Can I trade Forex in Sweden?
Yes, you can trade Forex in Sweden. You need to choose a regulated broker, set up an account, and deposit funds to start trading.
How to choose the best Forex broker in Sweden?
To choose the best Forex broker in Sweden, consider factors such as regulatory compliance, trading conditions, platform quality, customer support, and user feedback. Ensure the broker is regulated by Finansinspektionen or other reputable European regulators.
Which are the top Forex brokers in Sweden?
The top Forex brokers in Sweden include those regulated by Finansinspektionen and other reputable authorities, offering competitive trading conditions, robust platforms like MetaTrader 4 and MetaTrader 5, and excellent customer support.
How do I verify if a Forex broker is regulated in Sweden?
You can verify if a Forex broker is regulated in Sweden by checking the Finansinspektionen website for a list of authorized brokers. Additionally, brokers usually display their regulatory status and license number on their websites.
What is the best trading platform in Sweden?
The best trading platforms in Sweden include MetaTrader 4, MetaTrader 5, and proprietary platforms offered by top brokers. These platforms provide advanced features, user-friendly interfaces, and comprehensive tools for traders. For more information, check out the best Forex brokers for MT4.
What is Finansinspektionen?
Finansinspektionen is the Swedish Financial Supervisory Authority. It regulates financial markets in Sweden, including Forex brokers, to ensure transparency, fairness, and the protection of investors.
Can I trade Forex without a broker in Sweden?
No, you cannot trade Forex without a broker in Sweden. Brokers provide the necessary platform and access to the Forex market, allowing you to execute trades.
What are the key features to look for in a Swedish Forex broker?
Key features to look for in a Swedish Forex broker include regulatory compliance, competitive spreads, low trading fees, a variety of trading instruments, high-quality trading platforms, and strong customer support.
How do Swedish Forex brokers ensure security for traders?
Swedish Forex brokers ensure security for traders by adhering to regulatory standards, segregating client funds, using advanced encryption technologies, and providing transparent operations.
What are the trading conditions offered by top Forex brokers in Sweden?
Top Forex brokers in Sweden offer competitive trading conditions, including tight spreads, low commissions, flexible leverage options, and a wide range of trading instruments.
Are there any regulatory requirements for Forex brokers in Sweden?
Yes, Forex brokers in Sweden must comply with regulatory requirements set by Finansinspektionen and other relevant European regulations, such as MiFID II, to ensure fair and transparent trading practices.
How do Swedish Forex brokers handle customer support?
Swedish Forex brokers handle customer support through various channels, including phone, email, live chat, and social media. They typically offer multilingual support and aim to resolve queries promptly and effectively.
What are the deposit and withdrawal options offered by Swedish Forex brokers?
Swedish Forex brokers offer various deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets like PayPal and Skrill. They aim to provide secure and convenient methods for their clients.
How do Swedish Forex brokers provide educational resources for traders?
Swedish Forex brokers provide educational resources through webinars, tutorials, e-books, market analysis, and demo accounts to help traders enhance their skills and knowledge.
How much money do I need to begin Forex trading in Sweden?
The amount of money needed to begin Forex trading in Sweden varies by broker. Some brokers allow you to start with as little as $100, while others may require higher minimum deposits.
Is it safe to trade Forex in Sweden?
Yes, it is safe to trade Forex in Sweden, provided you choose a broker regulated by Finansinspektionen. Regulatory oversight ensures brokers adhere to stringent standards, protecting your interests.
Can you make money with Forex trading in Sweden?
Yes, you can make money with Forex trading in Sweden. However, it involves significant risk, and success depends on your trading skills, knowledge, and market conditions. It is advisable to educate yourself and trade responsibly.
