The ForexBrokers.com annual forex broker review (four years running) is the most cited in the industry. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. How we test.
Trading forex (currencies) in Finland is popular among residents. While recommended, forex brokers are not required to become authorised by the Financial Supervision Authority (FIN-FSA) to accept residents of Finland as customers.
The Financial Supervision Authority is the financial regulatory body in Finland. Website: https://www.finanssivalvonta.fi/. We recommend residents of Finland follow the FIN-FSA on Twitter: https://twitter.com/fin_fsa.
The FIN-FSA was formed in 2009 and is responsible for the regulation of financial markets in Finland. For a historical breakdown, here's a link to the Financial Supervision Authority webpage on Wikipedia.
Best Forex Brokers Finland
To find the best forex brokers in Finland, we created a list of all brokers that list Finland as a country they accept new customers from. We then ranked brokers by their Trust Score Ranking.
Here is our list of the best forex brokers in Finland.
- Saxo Bank - Best VIP client experience
- IG - Best Overall Broker 2020
- Swissquote - Best banking services
- Plus500 - Best for beginners overall
- FOREX.com - Great platforms and pricing
- City Index - Excellent all around offering
- FXCM - Well-rounded offering
- XTB - Best customer service, great platform
- eToro - Best copy trading platform
Finland Forex Brokers Comparison
Compare Finland authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Trust Score.
| Forex Broker | Accepts FI Residents | Average Spread EUR/USD - Standard | Minimum Initial Deposit | Trust Score | Overall | Visit Site |
|---|---|---|---|---|---|---|
| Saxo Bank | Yes | 0.800 | $10,000.00 | 99 | N/A | |
| IG | Yes | 0.745 | £250.00 | 99 | Visit Site | |
| Swissquote | Yes | N/A | $1000.00 | 99 | N/A | |
| Plus500 | Yes | 0.600 | €100 | 98 | N/A | |
| FOREX.com | Yes | 1.400 | $100.00 | 93 | Visit Site | |
| City Index | Yes | 1.100 | £50.00 | 93 | N/A | |
| FXCM | Yes | 1.400 | £300 | 92 | N/A | |
| XTB | Yes | 0.860 | $0.00 | 92 | N/A | |
| eToro | Yes | 1.00 | $200 | 91 | N/A | |
| Pepperstone | Yes | 1.160 | $200.00 | 90 | N/A | |
| FxPro | Yes | 1.510 | $100.00 | 89 | N/A | |
| XM Group | Yes | 1.600 | $5-100 | 84 | N/A | |
| HYCM | Yes | 2.00 | $100 | 84 | N/A | |
| Tickmill | Yes | 0.530 | $100.00 | 81 | N/A | |
| easyMarkets | Yes | 0.900 | $100.00 | 81 | N/A | |
| FP Markets | Yes | 1.140 | $100 AUD | 81 | N/A | |
| IC Markets | Yes | 0.800 | $200 | 80 | N/A | |
| Vantage FX | Yes | 1.350 | $200 | 79 | N/A | |
| Moneta Markets | Yes | 1.300 | $200.00 | 79 | N/A | |
| VT Markets | Yes | 1.30 | $200 | 79 | N/A | |
| BlackBull Markets | Yes | 0.76 | $200 | 70 | N/A | |
| Eightcap | Yes | $100 | 70 | N/A | ||
| OctaFX | Yes | 1.100 | $5 | 63 | N/A |
How to Verify FIN-FSA Authorisation
Residents of Finland can search the FIN-FSA company register to verify whether or not a broker is authorized. If a company is authorized, a company profile will be available with a registration number and date upon searching.
More Forex Guides
- Best Forex Brokers 2020
- Best Forex Brokers for Beginners 2020
- Best Forex Brokers for Copy Trading 2020
- Best MetaTrader Brokers 2020
- Compare Forex Brokers
Methodology
For our 2020 Forex Broker Review we assessed, rated, and ranked 30 international forex brokers. Each broker was graded on 105 different variables and, in total, over 50,000 words of research were produced.
While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.
All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 1% each year, providing site visitors quality data they can trust. 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.
