Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.
For Sweden traders in 2026, choosing between IC Markets and FxPro is a critical decision. IC Markets, with a 4.8/5 rating, is renowned for its ultra-low spreads and high-speed execution, making it a top choice for active retail traders. FxPro, scoring 4.1/5, offers a robust platform with diverse instruments but at slightly higher costs. Both brokers are regulated by the local financial regulator, ensuring compliance with Swedish and EU standards. Swedish traders benefit from localized payment options like Bank Transfer, Skrill, Neteller, and USDT, facilitating seamless deposits and withdrawals. Whether you trade forex, indices, or commodities, this comparison highlights key differences in spreads, platforms, and regulation to help you decide. IC Markets excels in cost efficiency, while FxPro provides a user-friendly experience for beginners. Understanding your trading style is essential for selecting the right broker in Sweden’s competitive market.
| Instrument | IC Markets | 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 |
For Sweden traders, trading costs are a major factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot, while FxPro’s spreads start at 0.6 pips with no commission. For high-volume traders, IC Markets is cheaper—trading 10 lots per day on EUR/USD saves approximately $30 in costs compared to FxPro. Swedish traders using Skrill or Neteller will find no deposit fees at IC Markets, but FxPro may apply charges. USDT deposits are free on both. Overall, IC Markets provides better value for active Swedish traders.
| Account Type | IC Markets | 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 | IC Markets | FxPro |
|---|---|---|
| Sweden (offshore) | Up to 1:5000 | Up to 1:500 |
| Forex major pairs | 1:5000 | 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 | IC Markets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | IC Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
IC Markets offers MetaTrader 4, MetaTrader 5, and cTrader, all popular among Sweden traders for advanced charting and automated trading. FxPro provides MT4, MT5, and its own FxPro Edge platform, which is beginner-friendly. Swedish traders who use Expert Advisors (EAs) will prefer IC Markets for its cTrader integration and lower latency. FxPro’s platforms are reliable but lack the same depth for algorithmic trading. Both support mobile trading for on-the-go access.
| Factor | IC Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets offers lightning-fast execution with an average speed of 40ms, ideal for Sweden traders using scalping or EAs. FxPro’s execution averages 60ms, which is still good but slightly slower. IC Markets uses Equinix NY4 servers for low latency, while FxPro relies on London-based servers. For Swedish traders, IC Markets provides a clear edge in high-frequency trading scenarios.
| Safety Factor | IC Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both IC Markets and FxPro are regulated by the local financial regulator, ensuring Sweden traders are protected. IC Markets holds licenses from ASIC and CySEC, while FxPro is regulated by the FCA and CySEC. For Swedish clients, this means negative balance protection and segregation of funds. IC Markets’ additional ASIC regulation offers stronger oversight, while FxPro’s FCA license provides robust investor compensation schemes. Swedish traders can trade with confidence knowing both adhere to strict EU financial laws.
| Payment Method | IC Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 1 business day |
Sweden traders can fund accounts via Bank Transfer, Skrill, Neteller, and USDT at both brokers. IC Markets processes deposits instantly with no fees, and withdrawals are fast (1-2 business days). FxPro also supports these methods but may charge up to 1% for Skrill/Neteller withdrawals. USDT deposits are crypto-friendly and free on both platforms. For Bank Transfers, IC Markets has lower minimum deposits ($200) compared to FxPro ($500). Swedish traders using local banks will appreciate the seamless integration. Withdrawal times are similar, but IC Markets edges ahead with no extra charges.
| Islamic Account Feature | IC Markets | 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 IC Markets and FxPro offer Islamic (swap-free) accounts for Sweden traders who require Sharia-compliant trading. IC Markets provides these accounts with no overnight interest on all instruments, while FxPro offers them but may apply a small administrative fee after a holding period. Swedish Muslim traders should check specific terms, as IC Markets is more transparent with zero charges. Both brokers require a simple request to activate the account.
| Support Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 live chat, email, and phone support with Swedish-language assistance available. FxPro provides similar support but with limited hours on weekends. Swedish traders report faster response times from IC Markets (under 30 seconds on live chat). FxPro’s support is helpful but slower during peak hours. Both have comprehensive FAQ sections for common issues.
| Mobile Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | IC Markets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
Choose IC Markets if you...
Choose FxPro if you...
For Sweden traders in 2026, IC Markets is the clear winner with its 4.8/5 rating, lower spreads, and faster execution. It suits active traders who use Bank Transfer, Skrill, Neteller, or USDT for deposits. FxPro (4.1) is a solid alternative for beginners or those who prefer a simpler interface and a wider asset range. Both are regulated by the local financial regulator, ensuring safety. If cost efficiency and speed matter most, choose IC Markets. For a more beginner-friendly experience, FxPro is a good option. Consider your trading style and deposit preferences when deciding.