Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
For Norway traders looking to trade forex, CFDs, and indices, choosing between FXTM and FxPro is a common dilemma. Both brokers are well-established, regulated internationally, and offer competitive trading conditions. However, they cater to slightly different needs, especially when it comes to local payment methods, spreads, and account types. FXTM scores 4.3/5 and is known for its flexible deposit options, including Bank Transfer, Skrill, Neteller, and USDT TRC20, which are popular among Norwegian traders. FxPro, with a 4.1/5 rating, stands out for its tight spreads and fast execution, making it a favourite for active traders. This comparison focuses on what matters most to Norway traders: regulation, costs, platforms, and local payment support. Whether you are a beginner or an experienced trader in Oslo, Bergen, or Stavanger, this guide will help you decide which broker fits your trading style and local requirements.
| Instrument | FXTM | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | FxPro |
When comparing trading costs for Norway traders, FxPro generally offers lower spreads on major forex pairs such as EUR/USD and USD/JPY. Its Standard account has spreads from 1.2 pips, while the Raw account starts from 0.0 pips with a small commission. FXTM’s standard spreads are slightly higher, starting at 1.2 pips for EUR/USD, but its ECN account can compete with spreads from 0.0 pips. For traders in Norway who trade larger volumes (e.g., 10+ lots per month), FxPro’s lower spreads can lead to significant savings. However, FXTM’s commission structure on its ECN account is competitive. Both brokers offer transparent pricing, but FxPro edges ahead for cost-conscious traders.
| Account Type | FXTM | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
| Entity / Asset | FXTM | FxPro |
|---|---|---|
| Norway (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 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 | FXTM | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both FXTM and FxPro offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used by Norway traders. FXTM also provides its proprietary FXTM Trader app, which is user-friendly and ideal for beginners. FxPro offers cTrader in addition to MT4/MT5, giving traders access to advanced charting and fast execution. For Norway traders who prefer mobile trading, both brokers have well-rated apps. FxPro’s cTrader is particularly useful for scalpers and algorithmic traders. Overall, FxPro has a slight edge in platform variety, while FXTM’s proprietary app is easier for new traders.
| Factor | FXTM | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro is known for its fast execution speeds, averaging under 10ms on its cTrader platform, making it ideal for scalpers and high-frequency traders in Norway. FXTM also offers reliable execution, with speeds around 20-30ms on MT4/MT5. Both brokers use No Dealing Desk (NDD) execution on their ECN/Raw accounts, ensuring minimal requotes. For Norway traders who prioritise speed, FxPro is the better choice. FXTM’s execution is still solid for most retail traders.
| Safety Factor | FXTM | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Norway traders, as the local financial regulator (Finanstilsynet) does not directly oversee these brokers. FXTM is regulated by CySEC (Cyprus) and FCA (UK), offering negative balance protection and investor compensation schemes. FxPro is regulated by FCA, CySEC, and FSCA (South Africa), providing similar protections. Both brokers comply with ESMA leverage limits for retail clients (up to 1:30 for forex). This means Norway traders can trade with confidence knowing their funds are segregated and protected. However, traders should ensure they open an account with the regulated entity (e.g., FxPro UK or FXTM EU) for maximum safety.
| Payment Method | FXTM | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 1 business day |
Norway traders have several convenient options for funding their accounts at both FXTM and FxPro. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM also supports credit/debit cards and local bank transfers, making it slightly more flexible. Deposits via Skrill and Neteller are instant and free, while Bank Transfer may take 1-3 business days. USDT TRC20 deposits are fast and low-cost, ideal for crypto-savvy traders. Withdrawals are processed within 24 hours for e-wallets and 1-3 days for bank transfers. FXTM has a slight advantage with more local payment options, but both brokers ensure smooth transactions for Norway clients.
| Islamic Account Feature | FXTM | FxPro |
|---|---|---|
| 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 FXTM and FxPro offer Islamic (swap-free) accounts for Norway traders who require Sharia-compliant trading. FXTM provides Islamic accounts on all account types (Standard, ECN, and Cent) with no swap charges on overnight positions. FxPro also offers swap-free accounts on its Standard and Raw accounts, but may apply a small administrative fee after a certain holding period (e.g., 10 days). Norway traders should request the Islamic account during registration and confirm the terms with customer support. FXTM’s policy is more straightforward, while FxPro’s conditions are slightly more restrictive. Both brokers cater well to Muslim traders in Norway.
| Support Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Customer support is available in English and several other languages at both brokers. FXTM offers 24/5 support via live chat, email, and phone, with a dedicated Norway team available during local business hours. FxPro provides 24/5 support in multiple languages, including Norwegian, via live chat and phone. Both brokers have comprehensive FAQ sections. For Norway traders, FxPro’s Norwegian-language support is a plus, while FXTM’s faster response times (under 30 seconds on live chat) are appreciated.
| Mobile Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose FxPro if you...
For Norway traders, both FXTM and FxPro are strong choices, but the best broker depends on your priorities. FXTM scores higher overall (4.3/5) and offers more local payment methods (Bank Transfer, Skrill, Neteller, USDT TRC20), making it ideal for traders who value flexibility and ease of deposits. FxPro (4.1/5) excels in low spreads and fast execution, appealing to active and cost-conscious traders. Both brokers are regulated internationally and accept Norway clients legally. If you are a beginner or want a wide range of payment options, FXTM is the better fit. If you are an experienced trader focused on tight spreads and speed, FxPro is the winner. Consider your trading style and local preferences before choosing.