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 Sweden is popular among residents. While recommended, forex brokers are not required to become authorised by Finansinspektionen (FI) to accept residents of Sweden as customers. The English translation of Finansinspektionen is Financial Supervisory Authority.
Finansinspektionen is the financial regulatory body in Sweden. Website: https://www.fi.se/. We recommend residents of Sweden follow the FI on Twitter: https://twitter.com/finansinsp.
The FI was established in 1991 and is responsible for monitoring financial markets and participants, as well as providing consumer protection in relation to financial products. For a historical breakdown, here's a link to Finansinspektionen on Wikipedia.
Best Forex Brokers Sweden
To find the best forex brokers in Sweden, we created a list of all brokers that list Sweden 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 Sweden.
- IG - Best Overall Broker 2020
- Swissquote - Best banking services
- Saxo Bank - Best VIP client experience
- Plus500 - Best for beginners overall
- Interactive Brokers - Best for professionals
- FOREX.com - Great platforms and pricing
- City Index - Excellent all around offering
- FXCM - Well-rounded offering
- XTB - Best customer service, great platform
Sweden Forex Brokers Comparison
Compare Sweden 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 SE Residents | Average Spread EUR/USD - Standard | Minimum Initial Deposit | Trust Score | Overall | Visit Site |
|---|---|---|---|---|---|---|
| IG | Yes | 0.700 | £250.00 | 99 | Visit Site | |
| Swissquote | Yes | N/A | $1000.00 | 99 | N/A | |
| Saxo Bank | Yes | 0.600 | $10,000.00 | 98 | N/A | |
| Plus500 | Yes | 0.600 | €100 | 98 | N/A | |
| Interactive Brokers | Yes | N/A | $0 | 94 | N/A | |
| FOREX.com | Yes | 1.400 | $100.00 | 93 | Visit Site | |
| City Index | Yes | 0.800 | £50.00 | 93 | N/A | |
| FXCM | Yes | 1.400 | £300 | 92 | N/A | |
| XTB | Yes | 0.780 | $0.00 | 92 | 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 FI Authorisation
Residents of Sweden can search the FI 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.
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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.
