Discover the best regulated Forex brokers for Sweden, featuring competitive spreads, powerful trading platforms, and access to higher leverage options.
If you sign up with a broker’s EU-regulated entity, for example a firm licensed by CySEC in Cyprus or FI in Sweden, your retail leverage is legally capped at specific levels.
- Major forex pairs: maximum leverage 1:30
- Non-major forex pairs, gold, and major indices: maximum leverage 1:20
- Other commodities and non-major equity indices: maximum leverage 1:10
- Single stock CFDs: maximum leverage 1:5
- Crypto CFDs: maximum leverage 1:2
That cap is one reason Swedish citizens and residents also look at brokers that offer accounts with fewer retail limits. In this beginner-friendly guide, 9 brokers listed that Swedish traders use for forex and CFDs.
Top Picks (Quick Summary)
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Capitalcore, Best overall: for a Swedish citizen or resident who wants a simple platform, a low entry cost, fixed spreads, and $0 commission. It also supports instant deposit time through cards, cryptocurrencies, and PayPal. Capitalcore does not have Sweden specific restrictions on assets, region access, or retail trading features.
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FXGlory, Best for very high leverage: 1:3000 leverage with a $1 minimum deposit and fixed spreads. It supports MT4 and MT5 and includes multiple payment methods such as cards, cryptocurrencies, and e-wallets. FXGlory does not have restrictions on assets, region access, or retail trading features.
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UnitedPips, Best for fixed spread pricing: high leverage (1:1000), $0 commission, and a $10 minimum deposit. It supports fast funding through cards, PayPal, and cryptocurrencies.
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JustMarkets, Best for MetaTrader users: Traders who want MT4 and MT5, a large list of currency pairs, and account types that include a raw spread option.
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FXCC, Best for a beginner: Traders who want a $0 minimum deposit and a simple cost setup with $0 commission, plus access to 70+ currency pairs.
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OCTA, Best for commission free forex trading: Trade with a $25 minimum deposit, 52 currency pairs, and MT4 and MT5 on web and mobile.
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FXChoice, Best for clear commission pricing: Traders who want a transparent commission structure, MetaTrader access, and up to 36 currency pairs.
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FXChoice, Best for traders who want clear commission rules: ($7 per 1 lot) and MetaTrader access, with up to 36 currency pairs.
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LiteFinance, Best for platform variety: Platforms including cTrader, with 56 currency pairs and an ECN style account.
- xChief, Best for flexible account types: Traders who want multiple account types on MT4 and MT5, leverage up to 1:1000, and pricing that includes both commission-free and ECN-style options.
Comparison Table of Top Forex Brokers
Key Costs & Pricing Snapshot
Forex trading costs come from spreads, commissions, and overnight fees. Here is the simple way to compare pricing as a Swedish resident:
- Spread: the difference between buy and sell price. Fixed spreads help you know your cost before you enter a trade. Floating spreads can be lower in calm markets and wider during news. FXGlory, UnitedPips, and Capitalcore have fixed and low spreads.
- Commission: a separate fee charged per lot on some ECN style accounts. For example, FXChoice uses a $7 per 1 lot commission rule.
- Overnight fee: also called swap. Several brokers in this list offer swap-free accounts. All accounts on FXGlory are swap free.
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Funding costs: some brokers charge no deposit fee on the broker side, but payment providers can charge their own fees.
Why These Forex Brokers Made the List
- Sweden access: Swedish citizens and residents can open accounts at these brokers.
- High leverage options: multiple brokers offer leverage up to 1:1000 or higher on non-EU entities, which is useful for small account sizes.
- Instant deposit time: instant deposits are available through methods such as cards and e-wallets at brokers like JustMarkets, and some brokers also support instant funding for card and crypto deposits.
- Beginner-friendly platforms: every broker on this list supports at least one simple trading platform, and several support MetaTrader for easy charting and order entry.
- Trading style flexibility: the list includes brokers that allow news trading and scalping, plus swap-free accounts for traders who avoid overnight interest.
Best Forex Brokers for Sweden— Detailed Reviews
JustMarkets: Best for MetaTrader users in Sweden
Overview
JustMarkets offers MT4 and MT5, multiple account types, and both EU and offshore onboarding routes. It is a practical choice for Swedish traders who want platform flexibility.
Key facts
- Forex pairs: 69
- Spreads: floating (from 0.3 pips on Standard accounts)
- Commission fee: no commission on Standard accounts; Raw Spread accounts charge $6 per standard lot
- Minimum deposit: $10 on Standard accounts
- Deposits: card and e-wallet deposits are listed as instant
Pros
- Strong MetaTrader support
- Clear account type choices, including raw spread pricing
- Wide range of deposit methods
Cons
- Product list is smaller than some large multi-asset brokers
Best for: a Swedish resident who wants MT4 or MT5 and many forex pairs.
Capitalcore: Best for low budget Swedish beginners
Overview
Capitalcore focuses on simple, commission-free trading on a proprietary platform. It is a strong fit for a Swedish beginner who wants a low starting deposit and clear fixed spreads.
Key facts
- Maximum leverage: 1:2000
- Spreads: fixed
- Commission fee: $0 on all accounts (commission-free)
- Minimum deposit: $5
- Forex pairs: 33 currency pairs
- Platforms: proprietary desktop, web, and mobile
- Binary Options: options-style trading is available on the platform
Pros
- Low minimum deposit for Sweden-based beginners
- Commission-free pricing keeps costs simple
- Fixed spreads make planning easier
- Multilingual support
Cons
- Limited tradable assets
Best for: a Swedish resident who wants a low deposit start and simple pricing. Capitalcore does not add restrictions on assets, region access, or retail trading features.
FXGlory: Best for very high leverage
Overview
FXGlory is known for very high leverage and fixed spreads. It is a common choice for Swedish traders who want leverage above EU retail limits and want a simple cost structure.
Key facts
- Maximum leverage:1:3000
- Spreads: fixed
- Commission fee: $0 (commission-free policy)
- Minimum deposit: $1
- Forex pairs: 34
- Swap-free: all accounts are swap free
Pros
- Very high leverage option
- Fixed spreads help you plan your trade cost
- Swap-free accounts support longer holds without overnight interest
Cons
- No stocks or indices
Best for: a Swedish resident who wants very high leverage and fixed spreads.
FXCC: Best for $0 minimum deposit and spread first pricing
Overview
FXCC offers commission-free account types and a large list of FX spot pairs. It is a good fit for Swedish traders who want MetaTrader.
Key facts
- Forex pairs: 70+ FX spot pairs
- Spreads: floating (from 0.0 pips)
- Commission fee: $0.0 on ECN XL
- Minimum deposit: $0
- Leverage: 1:1000
Pros
- No minimum deposit requirement
- Large FX spot pair coverage
- Commission-free option on ECN XL
Cons
- Account terms differ by entity
Best for: a Swedish resident who wants to start small without a minimum deposit.
UnitedPips: Best for simple fixed spread trading
Overview
UnitedPips is built around simple account choices and fixed spread pricing. It fits Swedish traders who want a straightforward setup and higher leverage than an EU retail account.
Key facts
- Maximum leverage: 1:1000
- Spreads: fixed
- Commission fee: $0
- Minimum deposit: $10
- Forex pairs: 38
Pros
- Commission-free pricing keeps the fee structure simple
- Multiple deposit and withdrawal channels
- High leverage for small account sizes
- Supported trading platforms are updated
Cons
- Educational webinars are not offered
Best for: a Swedish citizen who wants no restrictions on assets, region access, or retail trading features.
OCTA: Best for beginners who want commission-free forex
Overview
OCTA is a long-running broker brand with commission-free trading on its core accounts and a solid selection of forex pairs. It works for Swedish beginners who want a mainstream setup and simple costs.
Key facts
- Forex pairs: 52
- Spreads: floating (from 0.6 pips)
- Commission fee: $0
- Minimum deposit: $25
- Leverage: up to 1:1000
Pros
- Commission-free trading simplifies the fee model
- Good number of forex pairs for a beginner
- Popular platforms such as MT4 and MT5
Cons
- Account terms depend on the entity you join
Best for: a Swedish resident who wants a simple, commission-free setup.
FXChoice: Best for traders who want a fixed commission model
Overview
FXChoice is a MetaTrader focused broker that publishes a simple commission rule and offers up to 36 forex pairs. It fits Swedish traders who want a clear commission calculation and MT4 or MT5.
Key facts
- Forex pairs: up to 36
- Commission fee: USD 7 per 1 lot
- Minimum deposit: $10
- Leverage: up to 1:200
Pros
- Clear commission calculation rule
- MT4 and MT5 support
- Low minimum deposit
Cons
- Leverage is lower than many other brokers
- Commission accounts need careful cost tracking
Best for: a Swedish resident who prefers a clear commission pricing model.
LiteFinance: Best for platform variety including cTrader
Overview
LiteFinance offers MT4, MT5, cTrader, and its own platform, with different account types for different fee styles. It fits Swedish traders who want more platform choice.
Key facts
- Forex pairs: 56
- Minimum deposit: $50
- Leverage: up to 1:1000
- Commission fee: $5 per lot for forex majors
Pros
- Platform choice including cTrader
- Large list of forex pairs
- Account types for different pricing needs
Cons
- ECN accounts add commission costs
- Terms change by region and entity
Best for: a Swedish resident who wants cTrader plus a big FX list.
xChief: Best for multi-account MetaTrader traders
Overview
xChief offers multiple account types on MT4 and MT5, with different spread and commission structures. It fits Swedish traders who want to choose between spread-only accounts and ECN-style accounts.
Key facts
- Leverage: up to 1:1000
- Spreads: floating (from 0 pips on the xPRIME account type)
- Commission fee: Classic and Cent charge no commission; ECN style accounts charge $2.5 to $3 per side
- Currency pairs: 16
- Minimum deposit: $10
Pros
- Several account types with clear pricing differences
- MT4 and MT5 support
- High leverage option compared to EU retail caps
Cons
- Commission applies on ECN style accounts
Best for: a Swedish resident who wants multiple MetaTrader account types.
How EU Leverage Caps Work in Practice
Leverage is not free money. It changes the margin you need and the speed at which profits and losses move.
- Example with EU cap: with $1,000 and 1:30 on a major pair, the largest position value is $30,000.
- Example with high leverage: with $1,000 and 1:2000, the largest position value is $2,000,000.
In both cases, price moves the same number of pips. The difference is position size. Bigger size means bigger swings. Use position sizing rules, and never risk money you cannot afford to lose.
Who Should Choose Which Option?
- Most Swedish beginners: Capitalcore for low deposit and commission-free pricing.
- High leverage focused traders: FXGlory for up to 1:3000 leverage and fixed spreads.
- Simple fixed spread traders: UnitedPips for fixed spread accounts and $0 commission.
- MetaTrader heavy users: JustMarkets, FXCC, FXChoice, LiteFinance, or xChief depending on your fee preference.
- Options-style trading: Capitalcore is one of the brokers that offers options-style contracts.
How to Choose the Right Forex Brokers
- Check total cost: compare spread plus commission, not just one number.
- Pick a platform you can use daily: MT4 and MT5 are common. If you want cTrader, look at LiteFinance.
- Confirm payment methods: use a method you already trust, and check processing times and limits.
- Start with a small deposit: use the minimum deposit and test withdrawals early.
- Risk control: use stop losses and keep position size small.
Final Verdict
For most Swedish beginners, Capitalcore is the best overall pick because it combines a low minimum deposit with commission-free trading and fixed spreads. For very high leverage, FXGlory stands out. For simple fixed spread trading with $0 commission, UnitedPips is a strong choice. If you want a MetaTrader first setup with many forex pairs, JustMarkets is a reliable option.
Our Review Process & Updates
We review each broker using a beginner first checklist that focuses on leverage, regulation, spreads, currency pair count, minimum deposit, commission fee, platforms, payment methods, and whether Swedish support is mentioned. We also confirm that deposits can be made with instant deposit time options such as cards or e-wallets where they are listed. This guide is updated when a broker changes a key number, such as leverage, minimum deposit, commission fee, supported platforms, or available payment methods.
Risk Warning
Forex and CFDs are leveraged products. Leverage can amplify losses as well as gains. Trade only with money you can afford to lose.
FAQ
What is the best forex broker for Sweden beginners?
For most beginners in Sweden, Capitalcore is the best overall choice because it keeps pricing simple with commission-free trading, fixed spreads, and a low minimum deposit.
What leverage can a Swedish resident use with an EU regulated broker?
EU regulated retail accounts cap leverage at 1:30 on major forex pairs, 1:20 on non-major forex pairs and gold, 1:10 on most commodities, 1:5 on stock CFDs, and 1:2 on crypto CFDs.
Which broker is best for high leverage in Sweden?
FXGlory offers leverage up to 1:3000, which is higher than EU retail caps. High leverage also increases risk, so use small lot sizes.
Which broker is best for MetaTrader in Sweden?
JustMarkets is a strong MetaTrader choice with MT4 and MT5 support and a large list of forex pairs. FXCC and FXChoice are also MT focused options.
Published by:
Elizabeth Sterling