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 Swedish economy is expected to contract in 2023 following a decline of 0.3% in Q3 and a 0.8% fall in Q2. Economists are predicting that the Swedish economy will stabilize in 2024 and return to growth in 2025. The fact remains that, on a GDP per capita basis, Sweden is one of the richest countries in the world. This goes a long way towards explaining why forex 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 2.3% 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 2014 for instance, they put the Clearskies Group Ltd out of business.


Broker Features Regulator Platforms Next Step
Number One Broker Between 74-89% of CFD traders lose Founded: 2010
Between 74-89 % of retail investor accounts lose money when trading CFDs
  • Low trading costs
  • Great market flow
  • Research and analysis which helps spot trades
  • Wide range of Copy and Social Trading options
  • Limited range of non-forex markets
ASIC, FCA MetaTrader 4, MetaTrader 5, cTrader
Your capital is at risk Founded: 2006
Europe* CFDs ar...
  • Multi-asset broker offering a wide variety of markets
  • Strong regulatory framework
  • Innovative risk management tools
  • Choice of market-leading platforms
  • Wide spreads on some markets
  • Expiry date on Demo Accounts
ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
Blackbull LogoYour capital is at risk Founded: 2014
  • User-friendly platform with great trade-analysis tools
  • Leverage Up To 1:500
  • Spreads as low as 0.00 pips
  • Quality trade execution thanks to high-spec IT infrastructure
  • $0 minimum account opening balance
  • 26,000 tradeable instruments
  • Not available in all jurisdictions
  • Regulatory infrastructure
FSPR MT4
XM LogoYour capital is at risk Founded: 2009, 2015, 2017
  • Low minimum deposit
  • Super- tight bid-offer spreads
  • Impressive trading platforms
  • Tier-1 regulators
  • Difficult to contact tech support
  • No Crypto
ASIC, CySEC, IFSC MT4 Terminal, MT4 for Mac, Web Trader, iPhone/iPad Trader, Droid Trader, Mobile Trader, MT5

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