Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.
For Sweden traders seeking a reliable forex broker, the choice between FBS and FXTM can significantly impact your trading experience. FBS, with a score of 3.7/5, is known for its low minimum deposit and flexible leverage options, making it attractive for beginners. FXTM, scoring 4.3/5, offers a more comprehensive trading environment with tighter spreads, advanced platforms, and stronger regulatory oversight. Both brokers accept Swedish clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. However, Sweden's trading context—including the Swedish Krona (SEK) pairs and local trading hours—means you need a broker that aligns with your specific needs. This comparison will help you decide which broker suits your retail trading style in Sweden in 2025.
| Instrument | FBS | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $200 | FXTM |
When comparing trading costs for Sweden traders, FXTM generally offers lower spreads than FBS. FXTM's Standard account has spreads from 1.0 pips on EUR/USD, while its ECN account offers raw spreads from 0.0 pips with a commission. FBS's Standard account has spreads from 1.3 pips, but its Zero Spread account starts from 0.3 pips. For high-volume Sweden traders trading SEK pairs like USD/SEK or EUR/SEK, FXTM's tighter spreads can lead to significant savings. FBS may be cheaper for smaller trades due to no commission on some accounts. Consider your average trade volume and preferred pairs to minimize costs.
| Account Type | FBS | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✓ |
| Min deposit | $5 | $200 |
| Entity / Asset | FBS | FXTM |
|---|---|---|
| Sweden (offshore) | Up to 1:3000 | Up to 1:3000 |
| Forex major pairs | 1:3000 | 1:3000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FBS | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | ✗ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both FBS and FXTM offer MetaTrader 4 and MetaTrader 5, the most popular platforms among Sweden traders. FXTM also provides its proprietary FXTM Trader app for mobile trading, which includes advanced charting tools and one-click trading. FBS offers the FBS Trader app with similar features but fewer customization options. For Sweden traders who value advanced technical analysis, FXTM's integration with TradingCentral and Autochartist provides an edge. FBS's platform is simpler and may suit beginners, while FXTM caters to both novice and experienced traders with more sophisticated tools.
| Factor | FBS | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is crucial for Sweden traders, especially those trading volatile pairs like EUR/SEK. FXTM offers faster execution speeds, averaging under 40ms on its ECN accounts, with no requotes. FBS has average execution speeds around 100ms, which may lead to slippage during high volatility. FXTM also provides a VPS service for automated traders at no cost with a minimum deposit, while FBS charges for VPS. For scalpers and day traders, FXTM's superior execution is a significant benefit.
| Safety Factor | FBS | FXTM |
|---|---|---|
| Primary regulator | IFSC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key consideration for Sweden traders. FBS is regulated by the International Financial Services Commission (IFSC) in Belize, while FXTM is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. Neither broker is directly regulated by the Swedish Financial Supervisory Authority (Finansinspektionen), meaning Swedish clients are not covered by the Swedish investor compensation scheme. However, FXTM's CySEC regulation offers some protection under the EU's investor compensation fund (up to €20,000). FBS's offshore regulation provides less oversight. Sweden traders should weigh regulatory protection against broker features when choosing.
| Payment Method | FBS | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Depositing and withdrawing funds is straightforward for Sweden traders at both FBS and FXTM. Both brokers support Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring fast and low-cost transactions. For Bank Transfer, deposits are free but may take 1-3 business days. Skrill and Neteller deposits are instant with no fees from the broker, though your e-wallet may charge a small fee. USDT TRC20 deposits are processed within minutes and are ideal for crypto-savvy Sweden traders. FBS has a minimum deposit of $10, while FXTM requires $100 for most accounts. Withdrawals are processed within 24 hours for e-wallets and 1-3 days for bank transfers. Both brokers do not charge internal fees, but your bank may apply conversion fees for SEK deposits.
| Islamic Account Feature | FBS | FXTM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FBS and FXTM offer Islamic (swap-free) accounts for Sweden traders who require Sharia-compliant trading. FBS provides Islamic accounts on request with no swap fees on overnight positions, applicable to all account types. FXTM also offers swap-free accounts, but they may have restrictions such as a minimum deposit of $500 on some accounts and limited instrument availability for swaps. Sweden traders should note that Islamic accounts are not automatically applied and must be requested via customer support. Both brokers require verification of your religious or ethical reasons for using a swap-free account. Contact support to confirm eligibility and conditions.
| Support Feature | FBS | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
Customer support is available 24/7 for both FBS and FXTM, with live chat, email, and phone options. FXTM offers support in Swedish through its local office, making it easier for Sweden traders to get help in their native language. FBS provides support in English and several other languages, but Swedish is not directly supported. FXTM's response time is generally faster, with live chat responses within 1-2 minutes. FBS may take longer during peak hours. For Sweden traders, FXTM's Swedish-language support is a clear advantage.
| Mobile Feature | FBS | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose FXTM if you...
For Sweden traders in 2025, FXTM is the stronger choice overall, thanks to its higher score (4.3/5), better regulation, lower spreads, and superior customer support in Swedish. While FBS offers a lower barrier to entry with its $10 minimum deposit and flexible leverage, FXTM's execution quality and regulatory oversight provide greater peace of mind. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits easy for Swedish clients. However, neither is regulated by Finansinspektionen, so you should trade with caution. If you are a serious retail trader, FXTM is recommended. Beginners on a tight budget may start with FBS and upgrade later.