Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.
Sweden traders looking for a reliable forex broker face a clear choice between XM Group (scoring 4.7/5) and Hantec Markets (3.6/5). Both brokers are regulated by the local financial regulator (Finansinspektionen), ensuring compliance with Swedish MiFID II standards. XM Group stands out with its ultra-low spreads, extensive deposit options including USDT TRC20, and a user-friendly platform suite ideal for retail traders. Hantec Markets offers a more traditional broker experience with solid execution but higher costs and fewer payment methods. For Sweden traders prioritizing cost efficiency and modern payment flexibility, XM Group is the stronger option. This comparison covers spreads, platforms, regulation, deposits, Islamic accounts, and support specifically for the Swedish market.
| Instrument | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Hantec Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Hantec Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Hantec Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Hantec Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $10 | Hantec Markets |
For Sweden traders, trading costs are a key differentiator. XM Group offers spreads from 0.0 pips on EUR/USD with their Zero account, plus a commission of $3.50 per lot. Hantec Markets averages 1.2-1.5 pips on the same pair with no commission on standard accounts. On a $10,000 monthly volume, XM Group costs about $35 in spreads plus commission, while Hantec Markets costs around $120. This makes XM Group significantly cheaper for active Sweden traders, especially those trading larger volumes.
| Account Type | XM Group | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $10 |
| Entity / Asset | XM Group | Hantec Markets |
|---|---|---|
| Sweden (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 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 | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | ✗ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers support MetaTrader 4 and MetaTrader 5, the preferred platforms for Sweden traders. XM Group also offers its proprietary XM WebTrader and mobile apps with advanced charting tools. Hantec Markets sticks to the MT4/MT5 suite. For Sweden traders who value customization and additional features, XM Group provides a richer platform experience, while Hantec Markets offers a straightforward, reliable setup.
| Factor | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
XM Group boasts an average execution speed of under 100ms with no requotes, thanks to its deep liquidity pool. Hantec Markets offers reliable execution but with occasional slippage during volatile markets. For Sweden traders who scalp or trade news events, XM Group's faster execution provides a clear advantage.
| Safety Factor | XM Group | Hantec Markets |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both XM Group and Hantec Markets are regulated by the local financial regulator (Finansinspektionen) in Sweden, ensuring compliance with EU MiFID II rules. This means client funds are segregated, negative balance protection is mandatory, and leverage is capped at 30:1 for retail traders. XM Group also holds multiple international licenses (FCA, CySEC, ASIC), adding extra oversight. For Sweden traders, both brokers offer a safe trading environment, but XM Group's broader regulatory coverage provides additional peace of mind.
| Payment Method | XM Group | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days |
Sweden traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 with XM Group, while Hantec Markets accepts Bank Transfer, Skrill, and Neteller. XM Group processes deposits instantly for e-wallets and crypto, while bank transfers take 1-3 business days. Withdrawals are free at both brokers, but XM Group offers faster processing (24 hours for e-wallets) compared to Hantec Markets' 1-2 days. USDT TRC20 is a unique advantage for Sweden traders who prefer cryptocurrency funding, as it avoids traditional banking delays and fees.
| Islamic Account Feature | XM Group | Hantec 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 brokers offer Islamic (swap-free) accounts for Sweden Muslim traders. XM Group provides them on all account types with no additional fees, automatically removing swap charges on overnight positions. Hantec Markets also offers Islamic accounts but requires a written request and may impose administrative fees after 30 days of holding positions. For Sweden traders seeking a hassle-free swap-free experience, XM Group is the better choice.
| Support Feature | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 customer support in Swedish and English via live chat, email, and phone. Hantec Markets provides support during European trading hours with limited Swedish language availability. For Sweden traders, XM Group's round-the-clock support in their native language ensures faster issue resolution, especially during active trading sessions.
| Mobile Feature | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose Hantec Markets if you...
For Sweden traders, XM Group is the clear winner with a 4.7/5 score vs Hantec Markets' 3.6/5. XM Group offers lower spreads, faster execution, more deposit methods including USDT TRC20, and better local support. While Hantec Markets is a reliable option for beginners, XM Group's cost efficiency and flexibility make it the superior choice for most Sweden retail traders. Both brokers are regulated by the local financial regulator, ensuring safety and compliance with Swedish standards.