Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.
As a Swedish trader in 2025, choosing between Forex.com and FP Markets requires careful consideration of spreads, platforms, and local payment options. Both brokers are well-established and accept clients from Sweden, but they differ significantly in user ratings: Forex.com scores 3.4/5 while FP Markets achieves 4.7/5. This gap reflects FP Markets' stronger overall value across cost, platform variety, and customer support. Swedish traders often prioritize low trading costs and flexible payment methods, and both brokers support Bank Transfer, Skrill, Neteller, and USDT TRC20 for deposits. While neither broker is directly regulated by the Swedish FSA, they operate under top-tier international regulators such as the FCA, ASIC, and CySEC, offering a comparable level of protection. This comparison will help you decide which broker better suits your trading style and local needs.
| Instrument | Forex.com | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
For Swedish traders, FP Markets offers more competitive spreads, especially on its Raw ECN account where spreads start from 0.0 pips with a small commission per lot. Forex.com's standard account spreads begin around 1.0 pips without commission, making it slightly more expensive for frequent traders. When trading major currency pairs like EUR/USD in USD, the difference can add up significantly for high-volume Swedish traders. FP Markets also provides lower swap rates on many instruments, which is beneficial for positions held overnight. For scalpers and day traders, FP Markets' cost structure is clearly more favorable. However, Forex.com occasionally offers promotional spread reductions that Swedish traders can take advantage of.
| Account Type | Forex.com | FP Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | Forex.com | FP Markets |
|---|---|---|
| Sweden (offshore) | Up to 1:50 | Up to 1:500 |
| Forex major pairs | 1:50 | 1:500 |
| 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 | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Forex.com |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Forex.com |
| Crypto CFDs | 30+ | 20+ | Forex.com |
| Stocks / Share CFDs | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | Forex.com | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FP Markets provides a wider range of trading platforms popular among Swedish traders, including MetaTrader 4, MetaTrader 5, cTrader, and IRESS. This variety allows traders to choose between classic and advanced tools. Forex.com offers its own proprietary web platform alongside MT4 and MT5, but lacks cTrader which is a favorite for ECN trading. Swedish traders who prefer algorithmic trading or scalping will appreciate FP Markets' cTrader platform with its superior charting and execution. Both brokers offer mobile apps for iOS and Android, ensuring trading on the go. FP Markets' platform selection gives it a clear edge for tech-savvy Swedish traders.
| Factor | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | Forex.com |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
FP Markets utilizes true ECN execution with low latency, ideal for scalping and high-frequency trading strategies common among Swedish traders. Forex.com employs No Dealing Desk (NDD) execution with straight-through processing, but its speed is slightly behind FP Markets' ECN engine. Both brokers offer good execution quality, but FP Markets' infrastructure is optimized for rapid order fills and tight spreads, making it the better choice for active traders in Sweden.
| Safety Factor | Forex.com | FP Markets |
|---|---|---|
| Primary regulator | FCA | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Forex.com is regulated by the FCA in the UK, the CFTC and NFA in the US, and other top-tier bodies, providing strong investor protection. FP Markets is regulated by ASIC in Australia, CySEC in Cyprus, and the FSA in Seychelles. For Swedish traders, neither broker is directly supervised by the Swedish FSA, but both comply with EU regulatory standards (e.g., MiFID II) through their European entities. This means Swedish traders benefit from negative balance protection and segregated client funds. However, since deposits are not covered by the Swedish deposit guarantee scheme, traders should choose based on the broker's track record and regulatory tier. FP Markets' ASIC regulation is particularly stringent, offering high transparency.
| Payment Method | Forex.com | FP Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | 1 to 3 business days | 24 hours |
Swedish traders can choose from several convenient deposit and withdrawal methods at both brokers. Bank Transfer is available and ideal for larger amounts, typically taking 1-3 business days to process. For instant deposits, Skrill and Neteller are supported by both Forex.com and FP Markets, with no fees from the broker (though e-wallet operators may charge). USDT TRC20 deposits are also accepted, enabling fast crypto-based transfers with lower costs. Forex.com requires a minimum deposit of $100, while FP Markets starts at $50 for standard accounts and $100 for Raw ECN. Withdrawals are processed within 1-2 business days for e-wallets and USDT, and slightly longer for bank transfers. Both brokers maintain transparent fee policies, making it easy for Swedish traders to manage their funds.
| Islamic Account Feature | Forex.com | FP Markets |
|---|---|---|
| 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 Forex.com and FP Markets provide Islamic swap-free accounts for Swedish Muslim traders who require Sharia-compliant trading. At Forex.com, traders must contact customer support to request the conversion of their standard account to an Islamic account. FP Markets offers Islamic accounts directly on all account types, including Raw ECN and Standard, without additional requirements. These accounts incur no swap fees on overnight positions, aligning with Islamic principles. Swedish traders should note that while swaps are waived, other fees like spreads and commissions still apply. FP Markets' straightforward process makes it slightly more accessible for Muslim traders in Sweden.
| Support Feature | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Forex.com |
FP Markets offers 24/7 customer support via live chat, phone, and email, with representatives available in Swedish. Forex.com provides support during market hours (24/5) through similar channels, but primarily in English. For Swedish traders, FP Markets' round-the-clock support in their native language is a significant advantage, particularly for account issues or technical questions outside regular hours. Response times at both brokers are generally fast, with live chat replies in under a minute.
| Mobile Feature | Forex.com | FP Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Forex.com |
| Google Play rating | 4.3 stars | 4.2 stars | Forex.com |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | FP Markets |
| Resource | Forex.com | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | Forex.com |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Forex.com |
Choose Forex.com if you...
Choose FP Markets if you...
For Swedish traders in 2025, FP Markets is the clear winner over Forex.com, earning a 4.7/5 rating compared to Forex.com's 3.4/5. FP Markets provides significantly lower spreads, a broader choice of trading platforms, and superior 24/7 customer support in Swedish. It also supports all key local payment methods—Bank Transfer, Skrill, Neteller, and USDT TRC20—ensuring seamless deposits and withdrawals. While Forex.com remains a reliable option, especially for beginners seeking a simple platform, its higher costs and lower rating make it less competitive. Swedish traders who prioritize value, platform flexibility, and local language support should choose FP Markets. Both brokers operate under strong international regulation, but FP Markets' overall package is better suited to the needs of retail traders in Sweden.