Key facts
- Regulator: Finansinspektionen (FI)
- Retail leverage: up to 1:30 on major FX pairs
- Tax: generally 30% on capital gains
- Currency: consider SEK vs EUR account costs
Regulation
Finansinspektionen supervises Swedish financial firms and publishes warnings about unauthorised companies. Swedish residents can use FI-authorised brokers or EEA brokers passported into Sweden.
Retail protections
- ESMA leverage limits and 50% margin close-out
- Negative balance protection
- No bonuses
Tax
Gains on CFDs and similar instruments are generally taxed as capital income at 30%, with specific rules on how losses can be offset. Foreign brokers don't usually report to the Swedish Tax Agency, so you declare gains and losses yourself.
Choosing a broker
- Check FI's company register and warning list.
- Compare conversion costs if your account is in EUR rather than SEK.
- Check what tax reports the broker provides.
Forex brokers to compare in Sweden
Pepperstone (EU entities supervised by CySEC and BaFin) and IG (IG Europe GmbH, BaFin) serve clients in many EEA countries. Check that each broker accepts residents of Sweden before applying, and see our European broker rankings.
| Broker | EU entity | Retail loss rate |
|---|---|---|
| Pepperstone | CySEC / BaFin | 72.9% |
| IG | IG Europe GmbH (BaFin) | 74% |
Frequently asked questions
Is forex trading legal in Sweden?
Yes, with brokers authorised by Finansinspektionen or passported from another EEA country.
How are trading gains taxed in Sweden?
Capital gains are generally taxed at 30%, with rules on offsetting losses.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Tax information is general and may change. Consult a Swedish tax adviser.