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

FXTM Review 2026: Honest Assessment for Sweden Traders

FXTM is a well-established broker with strong global regulation and low-cost trading options, making it a solid choice for Sweden traders. However, the lack of a direct Swedish license and limited local payment methods may be a drawback for some. Overall, it offers a reliable trading environment with competitive spreads and a wide range of instruments.
Regulated: FCA
Min Deposit: $200
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Sweden Traders

  • Low minimum deposit of $10, ideal for Swedish beginners
  • Regulated by FCA and CySEC, providing strong client fund protection
  • Competitive spreads from 0.0 pips on ECN account
  • Offers Islamic account for Muslim traders in Sweden
  • Supports popular payment methods like Skrill and USDT

CONS for Sweden Traders

  • No license from Swedish Financial Supervisory Authority (FI)
  • No cTrader or TradingView platforms
  • Customer support only in English, no Swedish language option
  • Limited local payment methods (no Swish or Trustly)
📅
2011
Founded
📍
Cyprus
HQ
💵
$200
Min Deposit
📊
3.7/5
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
📋

FXTM Overview for Sweden

FXTM (ForexTime) was founded in 2011 and has grown into a globally recognized forex and CFD broker with headquarters in Cyprus. For Sweden traders, FXTM offers a compelling mix of low costs, high leverage (up to 2000:1 for professionals), and a wide range of trading instruments including forex, indices, commodities, and cryptocurrencies. The broker is particularly popular among retail traders due to its low minimum deposit of just $10 and support for popular payment methods like Bank Transfer (SEPA), Skrill, and USDT. While FXTM does not hold a specific license from the Swedish Financial Supervisory Authority (FI), it operates under CySEC regulation, which provides a strong safety net for EU clients including Swedes. The broker also offers Islamic accounts, copy trading, and advanced platforms like MT4 and MT5. With over 15 years of industry experience, FXTM is a reliable option for Swedish traders seeking a balance between regulation, cost, and features.

DetailInformation
Founded2011
HeadquartersCyprus
Regulated byFCA,CySEC,FSCA,FSC
Min Deposit$200
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingAvailable
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTM 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 FXTM'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/USD1.50 pips$01.50 pips1.50 pips
XAU/USD0.50 pips$00.50 pips0.50 pips
💼

Account Types for Sweden Traders

Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingYes
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
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

FXTM offers a genuine swap-free Islamic account for Muslim traders in Sweden. This account type is Sharia-compliant, meaning no interest (swap) is charged or earned on overnight positions. There are no hidden fees, but FXTM may charge an administrative fee if a position is held for more than 10 days. To apply, simply open a live account and contact FXTM support to request the swap-free option. The Islamic account is available on Standard, ECN, and Zero Spread accounts. For Sweden Muslim traders, this is a transparent and fair option that allows you to trade without compromising your beliefs.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Sweden

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available1.50 pips
Gold (XAU/USD)Spot GoldAvailable0.50 pips
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 FXTM

  • Mistake: Choosing the wrong account type – Sweden traders often pick the Standard account without realizing the ECN account offers much tighter spreads for active trading. Always compare spreads and commissions based on your trading volume.
  • Ignoring the swap fees on standard accounts – If you hold positions overnight, the swap fees can add up. Sweden traders using standard accounts should consider the Islamic account or check swap rates before trading.
  • Not verifying the regulatory entity – Sweden traders should ensure they are onboarded under the CySEC entity (license 185/12) to benefit from EU investor protection. Trading under the FSC (Mauritius) entity offers less protection.
🔍

FXTM vs Competitors in Sweden

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTM (current)$2001.50 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTM

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
FXTM segregates all client funds and is regulated by top-tier authorities.

FXTM User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 1,073 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
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
📰

FXTM Latest News & Updates 2026

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

Final Verdict — Is FXTM Worth It for Sweden Traders?

3.7/5
★★★★★

FXTM is a strong choice for Sweden traders looking for a globally regulated broker with low costs and a wide range of instruments. The broker's regulation by FCA and CySEC ensures a high level of safety, and the low minimum deposit makes it accessible for beginners. The ECN account offers some of the tightest spreads in the industry, ideal for active traders. However, the lack of a Swedish license and limited local payment methods like Swish may be a drawback for some. Overall, FXTM is recommended for Sweden traders who are comfortable with English support and want a reliable, low-cost trading experience. It is particularly suitable for scalpers, algorithmic traders, and those seeking Islamic accounts.

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FAQ — FXTM for Sweden Traders

Is FXTM safe for Sweden traders?+
How can I deposit money in FXTM from Sweden?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Sweden?+
What trading platforms does FXTM offer?+
Is FXTM 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.
Open FXTM Account
Regulated · Sweden
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationFCA · CySEC
Min Deposit$200
Max Leverage3000
Founded2011
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingYes
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