2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Sweden
This guide to the best online brokers in Sweden has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
This guide contains the most recent information about finding the best online broker in Sweden.
If you're a new entrant in the world of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll acquire proficient skills at all the concepts of broker as you keep trading. For starters, you have to choose the ideal broker in Sweden who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program is key to your success.
We currently have 18 Trading Patforms from our research that we think are the Reputable Trading Patforms in Sweden
Who Are The Top Sweden Online Brokers?
This guide has been collated to help you find an experienced Sweden broker. When looking for an experienced, professional broker in Sweden it can be very confusing. Below we detail what your trading options are in Sweden and what Sweden brokers can do for you.
We currently have 18 Brokers that we think are the Top Brokers in Sweden
|Forex Club||Hirose Financial||Boston Merchant Financial||Go Markets||Varengold Bank||WellsTrade||Ezinvest||Ayrex||Afluenta Peru Sac||USAA||ETFinance||Corner Trader||ForexTB||Robinhood||City Index||Hugos Way||Trade Zero||FP Markets|
|Find Out More|
|Headquarters||Russia||UK||Dubai||Australia||Germany||United States||Cyprus||Cyprus||Peru||United States||Cyprus||Switzerland||Cyprus||USA||UK||St. Vincent and the Grenadines||Bahamas||Australia|
|Regulated By||Cyprus Securities and Exchange Commission (CySEC)||Financial Conduct Authority (FCA)||Australian Securities and Investment Commission (ASIC)||Australian Securities and Investment Commission (ASIC)||Unregulated||Unregulated||Cyprus Securities and Exchange Commission (CySEC)||Cyprus Securities and Exchange Commission (CySEC)||Financial Conduct Authority (FCA)||Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA)||Cyprus Securities and Exchange Commission (CySEC)||Unregulated||Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15||Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)||None||Securities Commission of the Bahamas (SCB)||Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)|
|Risk Warning||Your capital is at risk||Losses can exceed deposits||Losses can exceed deposits||Losses can exceed deposits||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk||Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money.||Your capital is at risk||CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor||Your capital is at risk||74% of retail investor accounts lose money when trading CFDs with this provider||Your capital is at risk||Your capital is at risk||Losses can exceed deposits|
|Accepts Credit Cards||Yes||No||Yes|
Online Share Trading In Sweden
Trading stocks and shares in Sweden is highly regulated and considered quite safe. But, be aware that any investment can go down as well as up, which means that your capital is in danger.
If you are just starting out with online trading then it is suggested to get a demo account with a controlled agent so that you can find out the strategies without the danger of losing cash.
Live Forex Trading In Sweden
Forex is the biggest liquid financial market in the world using a daily financial market turnover of over $5 trillion (BIS statistics April 2016).
Forex (Abbreviation of Foreign Exchange) is a money exchange involving two different nations and the following management of the resulting position where one currency gains and the other loses.
It is possible to do Live Forex Trading in Sweden using professional online brokers
Live CFD Trading In SwedenCFD trading is the selling and buying of contracts for difference via an online agent in Sweden. When you trade CFDs you are entering into an agreement to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.
Spread Betting In Sweden
Spread Betting in Sweden is possible using experienced online trading platforms like XTM or FP Markets. It is a simple bet as to whether the price will go up or down. Often, the Sweden brokers will show the prices you have.
If you are looking at how to do spread betting in Sweden then it is suggested to start with a demo account with either plus500 or 101Investing so that you can practice with fake money before risking your own capital.
Trading Shares in Sweden
Globally, Sweden is considered safe to do online trading and has access to other global financial centers. In Sweden, online brokers are highly regulated, experienced and customer centric.
However, it is always important to be as informed as possible so here we detail some of the important things a trader should know:
The financial industry in Sweden are very mature and are seen are very trustworthy due to regulation and compliance by the local Fiancial trade authority in Sweden.
The online platforms used by brokers in Sweden are extensively tested and highly rated & secure.
Whichever Online Trading Solutions in Sweden you decide to use, ensure they have all of the below:
- Easy to use platform
- Access to a risk management tool
- Good or instant execution speed
- Better quality charts
- Able to perform social trading
- Professional online help or support
Challenges Of Trading in Sweden
The US Dollar is considered the base currency around the world so even a tiny change in the US financial markets could affect the financial markets in Sweden. The EU is also a large economy and changes there can affect the economic markets in Sweden.
Like every country there are challenges in Sweden financial markets but overall the outlook is good. However, like in all global financial markets we recommend that any Online Trading Brokers in Sweden you decide to use, make sure you do your due diligence first before risking any real money. We have collected hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Sweden. We hope that by reading this guide you will find a professional broker that matches your needs.
Frequently Asked Questions About Trading Forex In Sweden
Is Forex Trading Legal In Sweden?
There is a growing misconception that trading Forex in Sweden is deemed unsafe. This isn't the situation, Forex Currency trading in Sweden is very active, safe and regulated.
Trading in Forex is permitted in Sweden as for any company to trade globally, foreign currency has to be exchanged. Whenever you purchase something and it is shipped from overseas, there will be numerous money exchanges by multiple companies to receive that item to you.
The important thing is that if trading Forex in Sweden you select one of the best online agents.
Do Forex Traders Pay Tax In Sweden?
Once a dealer is successful and their profits achieve a certain level then they may be taxed in Sweden according to the standard tax rules.
Tax returns must always be registered even if there's a loss. You should seek advice with a documented accountant in Sweden to ensure you are abiding by all current regional laws as it is very determined by your personal conditions.
Can You Trade Cryptocurrencies In Sweden?
Cryptocurrency markets in Sweden are quite new. As Cryptocurrencies work on decentralised assets in Sweden matters like interest rate changes and political instability don't impact them as far as the fiat markets.
Cryptocurrencies are more popular with the younger generations and with growing income levels and technology adoption, trading cryptocurrency in Sweden is rising day by day. It's still modest compared to the Forex markets however around $6 billion USD of Bitcoin is traded every day.
Can You Trade Commodities In Sweden?
Commodities trading in Sweden involves trading in matters like precious metals, energies and agricultural commodities.
Some commodities such as agricultural are seeing exponential growth inSweden.
Fast growing economies like India have a significant demand for many basic raw materials for their inhabitants. It follows that states like Sweden can benefit from this circumstance.