HomeBroker ReviewsDEGIRO ReviewSweden
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
August 2026
🌍
Country
Sweden
Live account tested
Broker Review · Sweden 2026

DEGIRO Review 2026: A Sweden Trader's Honest Assessment

DEGIRO is a reliable and low-cost broker for Swedish long-term investors, with strong EU regulation and zero minimum deposit. However, its 1:10 maximum leverage, basic proprietary platforms, and limited forex offering make it a poor fit for active retail forex traders in Sweden. Choose DEGIRO for stocks and ETFs, but look elsewhere for serious forex trading.
Regulated: AFM
Min Deposit: $0
Score: 3.4/5
Islamic: Check
3.4/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.5
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Sweden Traders

  • Zero minimum deposit and free account opening for Sweden traders
  • Strong EU regulation under AFM, BaFin, and MIFFID passporting valid in Sweden
  • Supports Swedish BankID verification, making onboarding fast and secure
  • Local-friendly deposit methods: SEPA bank transfer, Skrill, and even USDT
  • Transparent pricing and no inactivity fees on Basic accounts

CONS for Sweden Traders

  • Maximum leverage of only 1:10 for retail forex traders in Sweden
  • No MetaTrader 4, MetaTrader 5, cTrader, or TradingView support
  • Limited selection of forex currency pairs compared to dedicated CFD brokers
  • No Islamic swap-free account for Swedish Muslim traders
  • Customer support does not offer Swedish language or 24/7 live chat
📅
2008
Founded
📍
Netherlands
HQ
💵
$0
Min Deposit
📊
3.4/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Sweden
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

DEGIRO Overview for Sweden

DEGIRO is one of Europe's largest online brokers, founded in 2008 and headquartered in Amsterdam, the Netherlands. It has grown to serve over 2.5 million retail clients across 18 European countries, including a substantial number of long-term investors in Sweden. DEGIRO is best known for low-cost stock, ETF, and fund investing, and it has disrupted the banking industry in Sweden with zero-minimum accounts and transparent fee schedules. For Swedish retail forex traders, however, DEGIRO's offering is more limited. It does provide access to a selection of currency pairs, index CFDs, commodities, and futures, but the maximum leverage is capped at 1:10 and the proprietary trading platform lacks the advanced tools found in MetaTrader. Despite these limitations, DEGIRO remains popular in Sweden for its regulatory transparency, competitive commissions, and reliability. This review evaluates DEGIRO from a Swedish trader's perspective, focusing on local payment methods, regulation, fees, and whether the broker can genuinely serve retail forex traders in Sweden.

DetailInformation
Founded2008
HeadquartersNetherlands
Regulated byAFM,BaFin
Min Deposit$0
Max Leverage10
Platforms
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is DEGIRO Safe for Sweden?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Sweden traders
Always verify DEGIRO's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Sweden Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedNo
Hedging AllowedNo
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Sweden tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Sweden Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Sweden deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Sweden Muslim Traders

DEGIRO does not offer Islamic swap-free accounts. This is an important limitation for Swedish Muslim traders who comply with Sharia law and need to operate without earning or paying interest (riba). Since the broker does not eliminate swap fees on overnight positions, any forex or CFD trade left open after market close will incur daily financing charges. There are no hidden additional fees for Islamic traders, simply because the product does not exist. In order to trade in a Sharia-compliant manner, Sweden traders should consider alternative brokers that offer genuine swap-free accounts with no rollover interest, such as Exness or Interactive Brokers with an Islamic account feature. We recommend contacting DEGIRO support directly to confirm whether any swap-free arrangement is possible for your specific situation.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Sweden

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Sweden traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Sweden traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Sweden traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Sweden Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Sweden
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Sweden Traders Make with DEGIRO

  • Mistake: Assuming DEGIRO offers MT4/MT5 — it does not. Sweden traders who rely on custom indicators will need to switch to proprietary software before choosing DEGIRO.
  • Mistake: Holding leveraged positions overnight without considering swap fees. DEGIRO is not swap-free and charges costly rollover on forex positions, which surprises many Swedish traders.
  • Mistake: Depositing SEK directly to the EUR account — many Swedish banks charge high conversion fees. Always use a EUR account or an inexpensive money transfer service to avoid unexpected costs.
🔍

DEGIRO vs Competitors in Sweden

BrokerMin DepositEUR/USDIslamicTradingViewScore
DEGIRO (current)$0Check brokerNoNo3.4
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — DEGIRO

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Sweden traders
DEGIRO segregates all client funds and is regulated by top-tier authorities.

DEGIRO User Reviews & Ratings

Trustpilot Rating

3.4
★★★★★
Based on verified reviews

CompareBroker Expert Rating

3.4
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

DEGIRO Latest News & Updates 2026

Platform
July 2026
DEGIRO expands TradingView integration
DEGIRO has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
DEGIRO maintains top-tier regulatory status
DEGIRO continues to hold its regulatory licenses, ensuring client fund protection for Sweden traders.
Product
May 2026
New instruments added for Sweden traders
DEGIRO has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is DEGIRO Worth It for Sweden Traders?

3.4/5
★★★★★

DEGIRO is a legitimate and well-regulated broker that can be a good fit for Swedish investors looking to trade stocks and ETFs at a low cost. For retail forex trading, however, the broker is significantly limited. The 1:10 leverage cap, narrow currency pair offering, and lack of popular platforms such as MT4 or MT5 make it difficult to execute a professional forex strategy. Swedish traders who want to trade EUR/SEK or USD/SEK occasionally as a complement to a stock portfolio might appreciate DEGIRO's cheap commissions and Swedish BankID onboarding. But if you are a dedicated forex trader in Sweden looking for tight spreads, advanced charting, and high leverage, we recommend exploring a broker like Skilling, IG, or Avatrade. DEGIRO simply does not deliver the complete forex trading experience that modern Sweden traders expect.

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FAQ — DEGIRO for Sweden Traders

Is DEGIRO safe for Sweden traders?+
How can I deposit money in DEGIRO from Sweden?+
Does DEGIRO have Islamic account?+
What is the minimum deposit for DEGIRO in Sweden?+
What trading platforms does DEGIRO offer?+
Is DEGIRO regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Sweden
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.4/5
RegulationAFM · BaFin
Min Deposit$0
Max Leverage10
Founded2008
IslamicNo
TradingViewNo
MT4/MT5
Copy TradingNo
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