ASIC, CySEC, DFSA +2 more
Sweden Forex brokers - Top tier choices
Sweden, as a member of the European Union, permits Forex trading and has a clear regulatory structure overseeing brokers. The Swedish Financial Supervisory Authority (Finansinspektionen or FI) is responsible for overseeing Sweden Forex brokers. The FI enforces strict rules and guidelines to safeguard investors and local FX traders engaging in trading activities within the country.
As of 2023 estimates, Sweden's total nominal GDP is valued at $599 billion, ranking it 25th globally. On a per capita basis, the country ranks even higher at 14th place with a GDP of $55,000.
Trusted Forex brokers in Sweden are subject to oversight from both local and EU regulators. As an EU member, Sweden's FI adheres to the directives of the European Securities and Markets Authority (ESMA), ensuring a secure environment for local FX traders and investors.
Electricity and internet connectivity are reliable across both rural and urban areas in Sweden, providing local traders seamless access to global financial markets round the clock.
Below, we've compiled a list of the best Forex brokers in Sweden based on our research.
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
Forex traders in Sweden encounter a 30% capital gains tax on trading profits, which significantly impacts their overall earnings.
Trusted Forex brokers in Sweden adhere to FI guidelines and restrictions, including capping the maximum leverage available to retail FX traders. For major FX currency pairs, the leverage is capped at 1:30. Non-major currencies, gold, and major indices offer leverage up to 1:20. Minor pairs, indices, stocks, and CFDs allow leverage up to 1:10, while the lowest leverage of 1:2 is applied to cryptos.
The Swedish Investors' Compensation Scheme (Insättningsgarantin) is overseen by the FI and safeguards investor funds in the event of broker insolvency. This scheme provides compensation of up to 250,000 Swedish Króna per client per institution. All top Forex brokers in Sweden are participants in this scheme, offering a safety net in case of unexpected issues.