Брокер Форекса В Швеции

Scandinavian Capital Markets Ltd, a fully owned subsidiary of Scandinavian Capital Markets SCM AB, will collectively be referred to as Scandinavian Capital Markets. This website is created and presented in adherence to the pertinent laws and regulations that apply to both entities. The products featured on this website are issued by Scandinavian Capital Markets.

Scandinavian Capital Markets SCM AB has been registered in Sweden with the Financial Supervisory Authority (Finansinspektionen) since , under registration number Its physical address is Kistagången 16, 5th floor, Kista, Sweden, and its registered address is Torshamnsgatan 27, floor 2, 40 Kista, Sweden. It conducts a financial services business in Sweden, limited to providing the financial services covered by its registration with the Swedish Finansinspektionen.

Scandinavian Capital Markets Ltd is registered, licensed, and regulated by the Vanuatu Financial Services Commission in Vanuatu, with a co-registration number of The company conducts a financial services business in Vanuatu, providing services outlined by the Vanuatu Financial Services Commission's Financial Dealer license. The registered and physical address of Scandinavian Capital Markets Ltd is Rue d'Auverne, Nambatu, Port Vila, Vanuatu.

Scandinavian Capital Markets does not accept clients from the USA, Afghanistan, Belarus, Burma, Burundi, Central African Republic, Congo, Cuba, Guinea, Guinea-Bissau, Iraq, Iran, Indonesia, Lebanon, Libya, Malaysia, Mali, Moldova, Nicaragua, North Korea, Pakistan, Russia, Somalia, Sudan, South Sudan, Syria, Vanuatu, Venezuela, Yemen, and Zimbabwe. Scandinavian Capital Markets may reject any applicant from any jurisdiction at their sole discretion without the requirement to explain the reason why.

What are the best Sweden forex brokers?

We’ve tested over 60 international forex brokers and created unbiased, data-driven broker ratings to show you the best forex brokers in the industry. To help you navigate the world of forex regulations and choose a broker that you can trust, our expert research team has built a proprietary database containing over global regulatory licenses and jurisdictions; that research determines each broker's individual Trust Score. Check out our top picks for the best Sweden forex brokers:

Winner: IG

Year after year, IG has shown itself to be the best broker in the forex industry. Highly trusted and regulated in a staggering eight Tier-1 jurisdictions, IG holds a Trust Score rating of Though IG does offer MetaTrader 4, IG’s proprietary web-based trading platform steals the show with its wide variety of rich features, market research, and powerful trading tools. Fans of social copy trading will appreciate IG’s seamless integration of trading signals into its web platform. IG has won countless Annual Awards from our sister site, eunic-brussels.eu, and is a fantastic choice for forex traders of all experience levels.

IG Trading Platform Screenshots

IG Features

• Overall rating - /10
• Trust Score - 99
• Tradeable symbols -
• Minimum deposit - £

Runner Up: Interactive Brokers

Founded in , Interactive Brokers is a long-standing highly trusted broker that holds a stunning nine Tier-1 licenses from regulatory jurisdictions across the globe numerous regulatory licenses. We've consistently rated Interactive Brokers as an excellent choice for professional traders, and its Trader Workstation (TWS) platform offers a variety of advanced trading tools that will be appreciated by experienced traders. Interactive Brokers delivers access to over markets, including forex and CFDs. IBKR's recently introduced web-based platform is a great choice for beginner forex traders, and its powerful research and extensive educational content make for a balanced experience for newcomers and professionals alike.

Interactive Brokers Trading Platform Screenshots

Interactive Brokers Features

• Overall rating - /10
• Trust Score - 99
• Tradeable symbols -
• Minimum deposit - $0

Podium Finisher: Saxo Bank

Saxo Bank is a highly trusted broker that operates multiple banks and holds regulatory licenses in a wide range of reputable international jurisdictions, earning it one of the highest Trust Score ratings in our database. Simply put, Saxo Bank ranks at – or near – the top of practically every category. Traders and investors at Saxo Bank gain access to an incredible platform experience (including on mobile) alongside powerful research and a vast selection of more than 60, symbols across multiple asset classes. Saxo Bank also supports a variety of third-party platforms, including the immensely popular TradingView platform. That said, minimum deposits at Saxo are steep; minimum deposits start at €2, for the broker's entry-level account offering and go as high as €1,, for a VIP account.

Saxo Bank Trading Platform Screenshots

Saxo Bank Features

• Overall rating - /10
• Trust Score - 99
• Tradeable symbols -
• Minimum deposit - $0

Compare trading costs for the best Sweden forex brokers

Based on our own data (our independent database contains over 4, data points), this table compares trading costs for the top Sweden forex brokers.

Comparing trading platforms between Sweden forex brokers

Trading platforms grant access to the foreign exchange market and allow you to analyze market conditions, manage positions, and execute trades. Check out a side-by-side comparison of the trading platforms available at the best Sweden forex brokers, based on our independent product testing.

Comparing investment options between Sweden forex brokers

We closely monitor the availability of investment products such as forex trading (CFD and spot), stocks (CFD and non-CFD), spread betting, ETFs, and social copy trading – among many others. These investment types are tracked as variables within our extensive independent database. Check out the offering of investments at the top Sweden forex brokers.

FAQs

What is the best forex broker in Sweden?

IG is our pick for the best forex broker in Sweden. Founded in , IG holds licenses across a number of notable global regulatory jurisdictions, and has earned an overall Trust Score rating of 99. IG's impressive offering of tradeable symbols opens up a wide variety of trading opportunities for its clients. If you are interested in opening an account, the minimum deposit to get started as a trader at IG is £. We've tested and reviewed dozens of forex brokers and created unbiased, data-driven broker ratings to highlight the best forex brokers in the industry. Our overall rating for IG is /10. Read our data-driven broker reviews to learn more.

Check out a gallery of screenshots from IG's trading platforms, taken by our research team during our product testing.

Best Sweden Forex Brokers

Here are our picks for the best forex brokers that accept Sweden-based clients in The below table is sorted by the brokers' Overall Ratings.

Popular Guides

Methodology

At eunic-brussels.eu, our data-driven reviews of online brokers are based on our own extensive testing of each broker's products and services as well as the qualified observations of our expert editorial team. In conjunction with our sister site, eunic-brussels.eu, we’ve published well over , words of research and collected thousands of data points across hundreds of variables. Our in-depth trading guides are created with the same rigorous, data-driven approach.

Our proprietary Trust Score rating system tracks data from over regulatory jurisdictions to help forex traders understand the regulatory status of their forex broker and choose a broker that they can trust.

Our editorial team is led by Steven Hatzakis, an industry veteran with decades of experience and a deep understanding of the forex market. Our team conducts thorough testing on a wide range of brokers, platforms, products, technologies, third-party trading tools, and mobile apps. We also test for the availability of high-quality educational content, actionable market research resources, and the accessibility and capabilities of mobile platforms. All of our ratings and rankings are based on the collection and validation of thousands of data points and our in-depth product testing.

Part of our testing process involves in-depth research into commissions and fees. We dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads (we always strive to determine the average spreads for each broker to better serve our readers), and a variety of other fee-based data points.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.

When testing mobile apps or mobile products, we test on both Apple and Android devices. For Apple, we test with the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS

All of the content on eunic-brussels.eu is researched, fact-checked, and edited by members of our editorial team. Our ratings and rankings are driven by our independent data collection. We may use generative AI tools to assist in some of the rote aspects of our content production processes, but the substance of our content, as well as our opinions and evaluations are based on our extensive research and product testing. Read our Generative AI policy to learn more.

Our rigorous data validation process provides our readers with quality data they can trust. Click here to learn more about how we test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.

If your broker is regulated by the Financial Supervisory Authority of Sweden (FI), it means that it carries one of the many licenses available from the FI and its operations fall under the direct regulatory supervision of Sweden’s official regulatory body. Many brokers in the EU are able to passport into Sweden under the Markets in Financial Instruments Directive (MiFID) to provide cross-border services. That said, it is always a good idea to choose a broker that is regulated locally in your country of residence. There are a number of forex brokers that hold regulatory status directly with the FI (as well as MiFID passports), making them an excellent choice if you are a resident of Sweden.

How do you trade forex in Sweden?

To trade forex as a resident of Sweden, you will either be working with a broker regulated locally in Sweden, or an international broker that accepts Swedish residents. If you choose an international broker, you’ll want to make sure it is licensed and well-regulated in major jurisdictions, and that it offers retail forex from a margin account. Once you’ve chosen a regulated online broker and your application for a live trading account has been approved, you can deposit funds into your new brokerage account and start trading.

Here are some things to consider (and some important first steps to take) if you want to get started trading forex in Sweden:

1. We mentioned it already, but we want to stress again how important it is to choose a reliable, highly regulated, well-trusted forex broker. Making the right choice here can help you reduce your chances of falling victim to a scam broker. Learn more about broker trust by checking out our Trust Score page.
2. You’ll want to decide if you prefer exchange-traded currency derivatives (listed products), or if you’d rather trade over the counter (OTC) from a margin account (also known as off-exchange forex) with an international forex broker.
3. Identify your trading goals, so that you can work towards developing a trading plan. There’s a lot of great educational content out there (your broker is usually a great place to start), so consume as much of it as possible so that you can make informed choices about how to structure your personal trading plan.
4. Carefully consider your broker’s available payment methods (for depositing and withdrawing funds) and choose the method that’s right for your needs. Many international forex brokers offer PayPal – check out our guide to the best PayPal forex brokers.
5. You’re almost ready to start trading with real funds. Open a live brokerage account, and then fund it using your chosen payment method. We always recommend starting with a demo account to learn how to use the trading platform software without risking your investment capital.
6. Test your trading strategy with live funds, using an amount that you can afford to risk.

What is the best trading platform in Sweden?

Saxo Bank has the best trading platforms for traders in Sweden, thanks to its SaxoTraderGO platform (for web and mobile) and its SaxoTraderPRO desktop trading software. Some of the best trading platforms can be overcomplicated and overwhelming to users (especially beginners). Saxo Bank, on the other hand, delivers an intuitively designed trading platform suite that is packed with a rich variety of trading tools and features.

Check out a gallery of screenshots from Saxo Bank's trading platform suite, taken by our research team during our product testing.

Saxo Bank ranks at the top of this category (read our full-length review of Saxo Bank), but other international forex brokers provide a range of excellent trading platforms that are available to residents of Sweden:

• Saxo Bank - SaxoTraderPRO and SaxoTraderGO
• IG - IG web, IG Trading app, and Forex Direct for desktop
• CMC Markets - Next Generation platform for web and mobile
• Interactive Brokers - TWS desktop, WebTrader, Global Trader web, and IBKR mobile
• TD Ameritrade - TD Ameritrade web and thinkorswim for desktop and mobile
• FXCM - Trading Station, MT4, TradingView, NinjaTrader 8, ZuluTrade, eunic-brussels.eu
• eunic-brussels.eu - Advanced Trading desktop and Web Trading, Trading View, NinjaTrader

What is the best mobile trading app in Sweden?

IG’s excellent suite of mobile apps is our pick for traders who are looking for the best forex trading app experience in Sweden. Our extensive testing found that IG delivers an outstanding overall mobile trading experience that is packed with a wide range of features that are sure to satisfy both casual and advanced traders. The IG Trading app is available for Android and iOS devices, and is teeming with features like alerts, sentiment readings, and highly advanced charts – all wrapped in a well-designed, intuitive layout. Learn more about IG’s mobile suite by reading our full-length review of IG.

Check out a gallery of screenshots from IG's mobile trading app, taken by our research team during our product testing.

Important note: Though not regulated by Sweden’s Finansinspektionen (FI), IG holds close to a dozen regulatory licenses in multiple jurisdictions across the world, making it one of the most trusted international forex brokers.

Does Forex Bank (eunic-brussels.eu) allow you to trade forex?

eunic-brussels.eu is not a retail forex broker. eunic-brussels.eu provides physical currency exchange services for people that are simply looking to convert their physical currency (for example, converting your Swedish Krona into U.S. Dollars). The company also provides credit card services and facilitates money transfers via Western Union.

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Review Methodology

At eunic-brussels.eu, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.

Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score.

All content on eunic-brussels.eu is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Read our Generative AI policy to learn more.

Read our full explanation and accounting of our research and testing process to learn more about how we test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

About the Editorial Team

Steven Hatzakis

Steven Hatzakis is the Global Director of Research for eunic-brussels.eu Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans

John Bringans is the Senior Editor of eunic-brussels.eu An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for eunic-brussels.eu He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Sweden is known for its strong economy and financial advantages, making it a desirable destination for investors and forex traders. The country’s GDP, the total value of goods and services produced in a year, has consistently grown and is among the highest in Europe.

One of the financial advantages of Sweden is its stable and transparent regulatory environment. The country has a robust banking system, and the government maintains a balanced budget, a low debt-to-GDP ratio, and a favorable tax system that encourages entrepreneurship and investment. Additionally, Sweden has a high level of education and a skilled workforce, which makes it an attractive location for businesses looking to expand their operations.

The Swedish economy has a high level of diversity, with significant contributions from industries such as manufacturing, services, and technology. The country is home to some of the world’s largest and most successful companies, such as Ericsson, Volvo, and IKEA. This economic strength has helped Sweden weather economic downturns and maintain its position as one of the wealthiest nations in the world.

Sweden’s strong economy and financial advantages have also contributed to the country’s reputation as a hub for forex trading. Forex trading involves buying and selling currencies to profit from fluctuations in exchange rates. Sweden has many successful forex traders due to several factors, including the country’s high level of financial literacy, access to advanced technology and trading platforms, and a favorable tax system that minimizes trading costs.

In Sweden, there are a lot of hedge funds, great trading companies, and traders.

What is The Best Forex Broker in Sweden?

The best Forex broker in Sweden is eunic-brussels.eu because it offers Tight spreads starting from pips on major forex pairs, an excellent trading platform, and no hidden fees or commissions on trades. Additionally, it is EU regulated broker that offers negative balance protection to limit potential losses.

eunic-brussels.eu’s advantages are:

Sure, here are some advantages of eunic-brussels.eu forex broker in bullet points:

• Access to over 2, global markets, including forex, stocks, commodities, and cryptocurrencies.
• Tight spreads start from pips on major forex pairs.
• Leverage up to on forex trading.
• Offers an advanced trading platform with powerful charting tools, technical indicators, and a customizable interface.
• User-friendly mobile app for trading on the go.
• No hidden fees or commissions on trades.
• Negative balance protection to limit potential losses.
• Regulated by the Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC).
• 24/7 customer support via live chat, email, and phone.
• Educational resources and trading tools to help traders improve their skills and knowledge.

Best Sweden Forex brokers list

Brokers such as HF Markets, Avatrade, eunic-brussels.eu, XM, and IC Markets, among others, have shown a keen interest in the Swedish market due to several factors that make it an attractive destination for forex activities. Here are some of the reasons:

1. High financial literacy and technological adoption: Sweden has a highly educated and technologically advanced population, making it easier for brokers to offer their services and products. The country has one of the world’s highest levels of financial literacy, with a high percentage of the population knowing investment and trading products.
2. Favorable regulatory environment: Sweden has a transparent and stable regulatory environment that supports forex trading activities. The country’s financial watchdog, the Swedish Financial Supervisory Authority (FSA), is known for its strict regulations, which provide high protection for investors and traders.
3. Strong economy: Sweden has a robust and diversified economy with stable political and economic conditions, which creates a favorable environment for forex brokers to offer their services.
4. High demand for investment products: The Swedish market has a high demand for investment products, including forex trading. This is due to the high level of financial literacy and the population’s interest in diversified investment opportunities.

Brokers promote forex activities in Sweden because it presents a lucrative opportunity to expand their client base and increase revenues. The Swedish market is relatively untapped compared to other European markets, which means there is significant growth potential for brokers offering competitive services and products. Additionally, the Swedish market is known for its high level of trust in financial institutions, which makes it easier for brokers to build their brands and reputation.

People from Sweden and forex trading

People from Sweden have a high level of education, which significantly impacts forex trading in several ways. Here are some of the critical factors:

1. Understanding of financial markets: Sweden’s education system strongly emphasizes economics and finance, which means that people from Sweden have a solid experience in financial markets and investment products. This knowledge can be invaluable for forex traders, who need to be able to analyze market trends and make informed investment decisions.
2. Technological proficiency: People from Sweden are generally well-versed in technology and are early adopters of new platforms and software. This technical proficiency is a significant advantage for forex traders, who rely on sophisticated trading platforms and software to execute trades and analyze market data.
3. Data-driven decision-making: Sweden’s education system emphasizes critical thinking and data-driven decision-making, which can be helpful for forex traders. Analyzing market trends and making decisions based on data and analytics can be a significant advantage in the fast-paced and ever-changing world of forex trading.
4. High level of financial literacy: Sweden has one of the world’s highest levels of financial literacy, which means that people from Sweden are more likely to be comfortable with complex financial products such as forex trading. This financial literacy level can help traders better understand the risks and benefits of forex trading and make more informed investment decisions.

The high level of education in Sweden significantly impacts forex trading. It provides traders with a strong foundation in economics and finance, technological proficiency, and data-driven decision-making skills. These attributes can help forex traders make more informed investment decisions and succeed in the market.

Conclusion

Sweden’s financial advantages, strong economy, and skilled workforce make it an attractive destination for investors and forex traders. In addition, the country’s stable regulatory environment, diverse economy, and reputation for innovation and entrepreneurship have helped it to maintain its position as a leading economic power in Europe and the world.

Fxigor

Trader at Leanta Capital

Igor has been a trader since Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.

The primary field of Igor's research is the application of machine learning in algorithmic trading.

Education: Computer Engineering and Ph.D. in machine learning.

Igor regularly publishes trading-related videos on the Fxigor Youtube channel.

To contact Igor write on:
[email protected]

Latest posts by Fxigor (see all)

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 fact that on a GDP per capita basis, Sweden is one of the richest countries in the world, goes a long way towards explaining why Fx 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 % 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 for instance, they put the Clearskies Group Ltd out of business.

Broker	Features	Regulator	Platforms	Next Step
74% of clients lose money. Capital at risk.Founded:	- Trusted Global Market Leader - Online FX & CFD Trading - +  Global Markets, 84 FX pairs, 65 shares, 17 popular indices and more - Forex, Indices, Commodities, Equities & Bitcoin - Available to US traders Read eunic-brussels.eu Review	CFTC, CIMA, FCA, FSA, IIRO, NFA	FOREXTrader & MT4 for PC, MAC, iPhone, iPad and Android, WebTrader	Sign Up OPEN FREE DEMO ACCOUNT Read eunic-brussels.eu Review
Your capital is at riskFounded:	- Trade 15 cryptocurrencies - Beginner friendly Read eToro USA Review	-	eToro	Sign Up OPEN FREE DEMO ACCOUNT Read eToro USA Review

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

Christopher Lewis

Swedish Finansinspektionen (FI) regulates financial markets locally, and the Swedish Krona (SEK) fulfills a significant role in global Forex trading and the world’s economy. It is a component of the US Dollar Index (DXY) with a % weighting, and Sweden for other countries is a vital exporter of precision technology for the automotive and defense industries. My Forex brokers in Sweden review covers the core aspects Forex traders in Sweden should consider before opening an account.

• FP Markets, ECN trading with leverage up to
• Eightcap, Competitive pricing + excellent daily videos.
• ACY Securities, Swap-free trading with the MT5 trading platform.
• BlackBull Markets, Best ECN trading environment, with scalping and hedging.
• AvaTrade, Highly regulated, choice of fixed or floating spreads.

< scroll for more details >

ASIC, CySEC, FSCA	ASIC, CySEC, FCA, SCB	ASIC	FMA, FSA	ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID
ECN/STP	ECN/STP, Market Maker	ECN/STP, Market Maker	ECN/STP, No Dealing Desk	Market Maker
$	$	$50	$0	$
pips	pips	pips ($)	pips	pips
pips	pips	pips ($)	pips	pips
$	$	$	$	$
MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-based	MetaTrader 4, MetaTrader 5, Trading View	MetaTrader 4, MetaTrader 5	MetaTrader 4, MetaTrader 5, Trading View	Other, MetaTrader 4, MetaTrader 5, Web-based+
Visit Website	Visit Website	Visit Website	Visit Website	Visit Website

The below tips will help beginners minimize avoidable mistakes and shorten their learning curve.

Consider the below steps before starting with Forex trading in Sweden:

1. Traders should begin with in-depth Forex education, much information is available for free, Forex trading is a high-skilled profession and requires work to understand how to do it.

2. Master the aspects of trading psychology and understand the importance of leverage and its crucial relationship to risk management.

3. Open an account with one of our highlighted Forex brokers in Sweden to ensure a competitive edge and a trustworthy counterparty. Starting with a demo account with no real funds at risk is a wise move.

4. Define and follow a suitable trading strategy and adopt an appropriate risk management profile, understand the impact of trading costs, how to use leverage intelligently, and have realistic expectations.

5. Follow and analyze market events, which can create price action, break trends, and cause significant volatility.

6. Learn how to place take profit and stop loss orders. Placing them with each entry order ticket is good practice as is not adjusting these levels once in a trade.

My point checklist below will help Forex traders resident in Sweden with choosing a Forex broker.

Swedish Forex traders should consider the following:

• Regulation - A clean operational history exceeding ten years significantly reduces the counterparty risk.
• Local-currency accounts - If SEK base accounts are unavailable, a US Dollar account is the most suitable choice.
• Local payment methods - All brokers offer bank wires and credit/debit cards, but localized payment options also exist.
• Spread sizes- Competitive spreads in commission-based accounts should not exceed pips for major currency pairs.
• Fees- Trading fees should max out at $ per standard lot with volume-based rebate programs available.
• Products - Leading Forex brokers offer 60+ currency pairs, allowing traders to diversify.
• Asset diversity - Commodities, index CFDs, and cryptocurrencies rank among the leading diversification options for Forex traders.
• Customer service in native language - All brokers offer English customer support, which is widely spoken and understood in Sweden, when Swedish-language support is unavailable.
• Demo account - Unlimited demo accounts with customization options remain a vital tool for all traders.
• Mobile trading - The MT4/MT5 mobile apps are widely available at most brokers.
• Deposits/Withdrawals - Traders should consider third-party processing costs and currency conversion fees.

Traders should define their strategy according to their preferences, personality, and risk appetite.

Here are some Forex strategies Swedish traders can consider:

1. Copy trading: A passive approach where traders copy signal providers automatically.
2. Social trading: Social traders engage with a community but place trades manually.
3. MAM/PAMM trading: Traditional third party account management that includes performance fees.
4. Short-term approach that usually requires algorithmic trading solutions for efficient results.
5. Day trading: Traders hold positions intra-day for minutes up to several hours.

All Forex Brokers in Sweden offer bank wires and credit/debit card deposits. Swedish FinTech company Klarna/Sofort is a leading online payment processor, while Skrill and Neteller are widely available.

Here is an overview of trading fees Swedish Forex traders should understand:

Trading fees consist of:

• Spreads (the difference between the bid and the ask price of an asset)
• Commissions (competitive Forex traders have cheaper commission-based cost structures than commission-free alternatives)
• Swaprates (a financing debit or credit charged on leveraged overnight positions)
• Currency conversion fees (applicable each time the P&L currency of the asset differs from the account base currency)

Non-trading fees consist of:

• Depositfees (deposits are usually free of charge)
• Withdrawal fees (few brokers penalize traders for withdrawals, but third-party payment processing fees may apply)
• Inactivity fees (most traders never face them)
• Currency conversion fees (for deposits and withdrawals in currencies that differ from the account base currency)

Swedish-resident Forex traders should consider the pros and cons of Forex trading in Sweden.

The pros of Forex trading in Sweden are:

• 24/5 decentralized trading.
• Lower capital requirements than other asset classes
• Algorithmic trading accounts for 80%+ of daily FX volume
• Copy trading can help portfolio diversification.
• Passive income opportunities, via affiliate programs
• Frictionless financial transactions

The potential cons of Forex trading in Sweden are:

• A fundamental misunderstanding of Forex trading, its requirements, and possibilities
• Demo trading can lead to a false sense of accomplishment.
• Overtrading, frustration, and inefficient trading amid a lack of sufficient trading capital mixed with unrealistic trading expectations
• Disrespect of Forex trading as a high-skilled profession
• Inadequate risk management

Forex trading in Sweden is legal, regulated by the FI, and compliant with the European MiFID framework. There are no legal restrictions on assets, including cryptocurrencies, which many Forex brokers in Sweden add to their asset selection.

Swedish-resident Forex traders may prefer trading the Swedish Krona, which many brokers (apart from those we have highlighted) fail to offer. Those with a balanced asset class selection usually include the USD/SEK, the most liquid SEK currency cross, followed by the EUR/SEK.

Forex in Stockholm, and Forex trading in Sweden, continues to expand, and the Swedish Krona is one of the major currencies in global trade. The Swedish Forex market remains well-regulated, and Swedish Forex traders have access to innovative trading platforms, competitive fees, and no restrictions on financial instruments.

Can you trade Forex in Sweden?

Forex trading in Sweden is % legal.

What is the best trading platform in Sweden?

This depends on individual preferences, but MT4 remains the market leader.

Is it safe to trade Forex in Sweden?

Sweden has a safe Forex market regulated by the domestic regulator FI.

Can you make money with Forex trading in Sweden?

Yes, you can make money with Forex trading in Sweden, but it depends % on the trader.

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.

FAQ

What is the best forex broker in Sweden?

Where can I trade forex in Sweden?

What is the best forex broker for beginners?

Is is expensive to acquire EU license?

What does registered broker mean?

Why I can&#;t find bonus and promotion program on EU-licensed brokers?

What does authorized broker mean?

Located in Northern Europe, Sweden is a wealthy Scandinavian nation with a developed open-market economy aided by the exports of resources like iron ore, hydro-power, and forestry whose value accounts for one-third of the country’s gross domestic product (GDP).

Swedes enjoy a high standard of living, with a GDP per capita of US$57, as of , which is among the highest in the European Union. The Nordic country has also established itself as a global leader in technological innovations. It has birthed many tech giants over the years, including Skype Technologies, Spotify, and the fintech platform Klarna.

The country became a member state of the EU in but continues to use the Swedish krona (SEK) as its official currency. The krona boasts a strong presence on the global foreign exchange markets and accounted for % of the overall Forex turnover as of SEK has been floating freely against other currencies since , with the central bank Sveriges Riksbank intervening at times to stabilize its rates.

Sweden’s market-oriented economy, national wealth, well-educated workforce, and love for innovations have transformed it into an attractive destination for international investors and brokers alike. The high standard of living has given rise to a thriving foreign exchange market an increasing number of Swedes are willing to participate in.

As a result, many international brokerage firms are looking to grab a slice of the local Forex market. Although the country has one of the most active trading scenes in the industry, very few brokers actually hail from Sweden. Most of the Forex companies with a presence in Sweden are actually based in other jurisdictions but operate locally with the authorization of Sweden’s financial watchdog.

Sweden Forex Legislation

Forex brokers can legally accept trades from Swedish residents as long as they obtain licenses from the local financial watchdog Finansinspektionen, i.e. the Financial Supervisory Authority of Sweden. As part of the European Union, Sweden has aligned its regulatory framework with the Markets in Financial Instruments Directive (MiFID), which harmonizes the regulations of financial services across all member states of the EU.

Under this piece of legislation, brokerage firms licensed in an EU country can legally service clients from all other member states. Because of this, some of the companies operating on the Swedish market are actually licensed and registered in other countries like Cyprus or the UK.

Residents of the Nordic country can legally trade spot Forex but purchasing contracts for difference (CFDs) from authorized brokerages is possible. In July , Sweden adopted the guidelines proposed by the EU financial regulatory agency ESMAunder the MiFID. There are several conditions licensed derivative providers must meet according to the new set of rules.

Licensed brokers on the Swedish market can sell leveraged CFDs for Forex currency pairs, equity indices, shares, and hard commodities like gold. Under the new measures, retail customers must pay initial margin protection upon entering a contract for difference.

Clients are also entitled to negative balance protection on a per-account basis. This ensures they do not lose more than the balance they have available in their live accounts when the markets move unexpectedly in an adverse direction. Under this policy, when a trader’s balance goes in the red, the licensed brokerages must restore it to zero at no extra cost. However, professional traders are exempt from negative balance protection.

Another measure entitles retail customers to a margin close-out protection. Thus, if the customer’s account drops below 50% of the minimum initial required margin, the broker must close their open positions to prevent the margin from falling to zero. Respectively, the customer has the option to top up their balance if they want to do so.

Licensed brokers that operate on the Swedish market must also display standardized risk disclaimers on their websites. This is to warn retail customers about the risks involved in leveraged products like the CFD. The brokers must regularly calculate what percentage of their retail customers lose money when trading with leveraged products and publish the updated results on their websites.

There are also caps on the maximum leverage retail customers can use which coincide with those proposed by the EU regulator. The restrictions depend on the volatility of the underlying assets as follows: for major Forex pairs (the ones that contain USD, EUR, JPY, GBP, CHF, and CAD), for minor/exotic pairs, major indices, and gold, for other commodities and non-major indices, for individual equities, and for cryptocurrencies.

Similarly to other EU countries that fall under the scope of ESMA, Sweden restricts the promotional incentives brokers can offer to local retail CFD traders.

Sweden Financial Regulators

The financial regulator of Sweden is called Finansinspektionen (FI), or the Swedish Financial Supervisory Authority in English. Founded in , the FI has its headquarters in the Swedish capital of Stockholm and accounts to the Ministry of Finance.

The FI was established to create a single unified regulator across all financial sectors, including banking, securities, and insurance. It resulted from the merger of two former supervisory entities, the Insurance Supervision Authority and the Swedish Bank Inspectorate. The FI has a board of eight members who are appointed by the country’s government.

The agency is tasked with the oversight of all organizations that offer financial services in the country and that includes foreign exchange brokerages. The regulator also has the responsibility of ensuring the stability of the local financial markets and the compliance of all market participants with its guidelines.

It works to ensure sufficient levels of protection to consumers who trade with financial products like Forex. The FI also issues licenses to brokers looking to provide their services on Swedish territory. The agency is known to have launched crackdowns on companies servicing Swedish customers without any authorization.

Since Sweden is a member of the EU, it allows foreign brokers with licenses from other EU-based regulators to offer their products to the local public. Companies authorized by the FI can, in turn, do the same.

Sweden Forex Payment Methods

All good Sweden-friendly brokers cater to local customers by offering them a diverse choice of trading account types, including mini, micro, standard, and professional accounts. Most account types can be given a test drive in a demo format where virtual credits are used for trading instead of actual cash. Swedes who feel ready to commit with real money will have to consider a suitable payment method to fund their live accounts with.

The best brokers on the Swedish market are known to provide customers with a comprehensive range of banking solutions. According to data compiled by the statistics portal Statista, credit and debit cards top the list of Sweden’s most preferred online payment methods in , accounting for approximately 33% of all web purchases during the year.

In line with these figures, most brokers on the local market support deposits with Visa, Visa Electron, Maestro, American Express, Diners Club International, and Mastercard. Swedish traders are keen on cards because using this method is safe, easy, and quick.

Bank transfers are also broadly available across brokerages to the advantage of Swedish traders who do not own a credit or a debit card. While the transfer can be initiated in person at the bank, the more convenient and time-efficient alternative would be to use your online banking account.

Many Sweden-friendly brokers work with third-party payment services companies that act as mediators between their banks and the banks of traders. One prime example is the Swedish fintech company Trustly whose services are also available across other Scandinavian countries like Finland, Denmark, and Norway.

To process a payment with this platform, traders must provide their banking credentials to Trustly, which, in turn, would carry out the money transfer on their behalf. Registration for the service is unnecessary.

Trustly is an incredibly secure way to conduct online transactions and is also regulated by the Swedish Finansinspektionen. A trader can use it as long as they have an account at a supported Swedish bank.

One advantage from the perspective of brokerage firms is that it is impossible to reverse Trustly transactions. This minimizes the risks of the brokerages not getting paid.

Many Sweden-friendly Forex trading providers also allow for payments with Klarna. This method is similar to Trustly in that it enables traders to deposit directly from their bank accounts.

Klarna is extremely popular in the Scandinavian region although its services are also available outside Europe, including in countries like the United States and Australia. E-wallets like PayPal, Skrill, Neteller, and WebMoney are also broadly offered to Forex traders from Sweden.

Popular Trading Software in Sweden

The majority of brokers that accept trades from Swedish customers prefer to utilize MetaTrader 4 (MT4). This third-party trading platform was created by MetaQuotes Software, a Russian company whose main offices are registered in the Republic of Cyprus.

The MT4 software is by and large considered a standard in the trading industry. It manages to retain its user-friendliness while at the same time offering additional functionalities and tools for charting and market analysis.

Also featured on the platform are special programs called Expert Advisors. Users can implement them to explore new trading opportunities based on individual market parameters of their choice. Once an Expert Advisor finds a financial market that corresponds to the stipulated parameters, it either notifies the trader or automatically opens a trading position for them, a practice called automated trading.

MT4 is compatible with all major mobile and desktop operating systems, including Android, iOS, Microsoft Window, and Mac. The platform is available in thirty or so languages, including Swedish. Many brokers offer it concurrently with the more advanced MetaTrader 5 (MT5).

Both MetaTrader 4 and MetaTrader 5 are available via a web-based interface to the benefit of Swedish traders who do not want to download and install additional software packages on their desktop computers.

The Sirix WebTrader, cTrader, and ZuluTrade are other broadly adopted trading platforms traders from Sweden are likely to encounter. Some brokerages prefer to develop proprietary trading platforms but their number pales in comparison to those who use the MetaQuotes software.

Mobile Trading in Sweden

As one of the most prosperous countries in Europe, Sweden boasts a very mature mobile market with a high percentage of mobile subscribers. The country is yet to launch a commercial 5G network. For the time being, Swedish mobile users rely on a rather decent 4G connection with an availability of over 87%. The average 4G speed in the country approximated to Mbps in

Swedes use their smartphones for all kinds of activities, from restaurant-hunting and online shopping to emailing and browsing. Traders from the country are also part of this mobile frenzy. Luckily, most brokers on the local market offer sophisticated apps that enable Swedish customers to carry their trading portfolios in their pockets, so to speak.

The apps are commonly compatible with major operating systems like iOS and Android and offer tons of benefits to local traders. Smartphone users can check their open positions whenever they like and keep a close watch on all price developments. Yet, there is more to mobile Forex apps than trade execution.

The best brokers on the Swedish market provide mobile software that can challenge their desktop platforms in terms of functionalities. Traders have instant access to the latest economic trends and financial news releases.

This is very important because economic news are among the biggest catalysts for short-term market price fluctuations, especially where currency pairs are concerned. Keeping track of the latest news can help you effectively decide what positions to take.

Smartphone traders from Sweden also have access to a variety of helpful tools for market analysis and trend detection. They can customize their advanced charts on the fly and take advantage of different educational resources that can greatly improve their understanding of the Forex markets.

FAQ