Compare 4 best CFD brokers in Sweden 2024

We review 63+ of the best CFD trading platforms in Sweden to find the most secure brokers with low spreads.
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Updated: Sep 1, 2023
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This detailed guide is the result of our extensive research. We’ve picked out the top CFD trading platforms that offer the best service to help you start CFD trading in Sweden.

To identify the best services, we created a checklist of key criteria that a Sweden CFD broker must meet in order to earn a high ranking. The features it must offer include:

  • Regulatory approval from the Swedish Financial Supervisory Authority (SFSA), the financial regulator in Sweden
  • A low-cost way to trade CFDs in Sweden
  • A free demo account for beginners
  • A significant number of available trading instruments, including stocks, forex, commodities, and crypto CFDs where available

The results are clear: Our panel recommends Plus500 as the best CFD broker in Sweden for 2024.

Best CFD brokers Sweden

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Alongside Plus500 , a number of other Sweden CFD brokers impressed the experts. We rank these platforms highly, as CFD trading platforms in Sweden that offer a secure, simple, and low cost trading experience.

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1
Min. Deposit
$ 100
Best offer
User Score
10
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2
Min. Deposit
$ 100
Best offer
User Score
10
Licensed and regulated by CySEC and FCA authorised UK Branch
Trade CFDs with tight spreads on big-name companies like Amazon, Facebook, Apple and many more
Offers 800+ instruments
Start Trading
Payment Methods:
Apple Pay, Google Pay
Full Regulations:

71% of retail CFD accounts lose money.

3
Min. Deposit
$ 100
Best offer
User Score
9.9
Open an MT5 account to go long or short on 250 of the largest US, Australian, and European stocks
Instruments in 21 time-frames and 80 pre-installed indicators
Multi jurisdiction regulation by ASIC and VFSC
Start Trading
Payment Methods:
PayPal, neteller, Credit Card, Wire Transfer, Cryptocurrencies, skrill
Full Regulations:
ASIC, CySEC, FCA
74-89% of retail CFD accounts lose money

Our top 4 best CFD trading platforms in Sweden, reviewed & compared

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Yes, you can legally trade CFDs in Sweden. However, certain aspects of CFD trading are regulated by the Swedish Financial Supervisory Authority (SFSA). The restrictions generally work in your favour, as they are designed to protect traders from large, unexpected losses.

Primarily this means there are limitations on the amount of leverage that CFD brokers in Sweden can offer, along with a limit on the maximum losses any retail customer account can experience. In addition, they must clearly warn traders of the risks involved so you can make informed trading decisions.

How to find a reliable CFD broker in Sweden

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The key features that separate the best CFD broker in Sweden from the rest are security, cost, the range of markets available. Keep those in mind and you won’t run into too many problems. 

If you need more help making up your mind, use this short Q&A to find the best CFD trading platform in Sweden.

Are CFD brokers in Sweden regulated?

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Yes, CFD trading platforms in Sweden are licensed and regulated by the Swedish Financial Supervisory Authority (SFSA). The Swedish Financial Supervisory Authority (SFSA) sets the rules on Sweden CFD trading, such as how much leverage is available when you trade a contract for difference (CFD), along with which assets and markets are available.

How else do CFD trading platforms in Sweden protect me?

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The top CFD brokers in Sweden offer negative balance protection, which is a form of insurance that protects you from losing more money than you have in your account. This is particularly useful if you use leverage or short CFDs, as it’s possible to lose significantly more than the initial value of your trade.

A Swedish CFD broker should also protect you by providing Two Factor Authentication (2FA) to secure your account and with a customer service line that’s always open and available to help. 

What types of Swedish CFD brokers are there?

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Most of the time, you’re going to be dealing with market makers. A market maker is a CFD broker in Sweden that effectively creates a market for any asset at all times, so you can always buy or sell.

Other forms of Sweden CFD brokers include direct market access (DMA) brokers or STP/ECN brokers. These offer faster trade execution or allow you to buy and sell from other traders directly, rather than through an intermediary. Though the truth is that these services are geared towards professional or high volume traders, rather than casual users.

How much do CFD brokers in Sweden cost?

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Most CFD brokers in Sweden offer no-commission trading, so you don’t have to pay each time you make a trade. However, the costs come elsewhere, usually in the form of the spread.

The spread is the difference between the buy and sell price of a contract for difference (CFD). The best Sweden CFD trading platforms make money by taking a cut of that difference, so you can compare the costs of using different platforms by comparing the spreads. The lower the difference between the buy and sell price, the more cost-effective a platform is.

Which assets can I trade through a Sweden CFD broker?

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Any CFD broker in Sweden will offer currency and commodity markets. CFDs are the most common way to trade forex and commodities like gold and oil.

Then the rules can change depending on the whims of the Swedish Financial Supervisory Authority (SFSA). Generally, you can trade stock CFDs, though the available companies may vary. In addition, you may be able to trade:

  • Crypto CFDs
  • ETF CFDs
  • Indices CFDs

Though the regulation for crypto CFDs, in particular, can change rapidly.

To buy and sell the underlying assets, rather than using CFDs, consider using the , the best forex brokers in Sweden, or the best crypto exchanges in Sweden.

Can I use leverage to trade CFDs in Sweden?

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Yes, it’s common and legal to trade CFDs with leverage in Sweden. The maximum permitted leverage is set by the Swedish Financial Supervisory Authority (SFSA), and all CFD brokers in Sweden must abide by those rules.

In reality, each CFD broker in Sweden also offers differing leverage on different assets. Currency pairs offer the most leverage, as it’s a vital part of successful forex trading, while stock and crypto CFDs generally offer the lowest.

Are there any other ways to trade?

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Yes, one of the most appealing aspects of CFD trading for beginners is the fact you can use CFDs to trade for and against the market. Shorting is when you place a trade on an asset or market to fall in value, and is a very popular way to trade.

Because of that, you can also use CFDs to hedge other trades that you have open. This is where you place a trade on the opposite position to one you made previously. It’s used as a risk management strategy to minimise losses or lock in profit in case something changes.

Do CFD platforms in Sweden offer professional trading accounts?

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Yes, generally they do, although the qualifications can be steep. Most of the best trading platforms in Sweden offer a retail account to all users, then provide faster execution speeds or lower spreads to high volume users who must meet certain capital requirements.

These accounts are only accessible to a small number of people, who have both significant starting funds and a high annual turnover. Unless you can supply the equivalent of at least $500,000 as a qualifying deposit, it’s unlikely you’ll be able to sign up to a professional account with any Swedish CFD provider.

How to start trading CFDs in Sweden

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Follow this guide to learn how to use a CFD trading platform in Sweden and to place your first CFD trade.

Step 1. Create an account

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Choose the best CFD broker in Sweden and sign up with your email and contact details. You may be asked to supply some photo ID to meet Swedish Financial Supervisory Authority (SFSA) regulations.

Step 2. Deposit some money

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Fund your account with your favoured payment method. Most CFD brokers in Sweden accept bank transfers, card payments, and some e-wallets like PayPal.

Step 3. Choose what to trade

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Search for the asset you want to trade. Stock CFDs can be found by searching for the correct ticker symbol, and the same is true for currency pairs, commodities, and crypto CFDs as well.

Step 4. Decide whether to go long or short, and set your position size

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Choose whether to buy (go long) or sell (short) the asset. Then enter how much you want to trade (this is known as the ‘margin’) and how much leverage you want to use.

Step 5. Finalise the trade

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Check the details and execute the trade once you’re happy with it. After that, keep monitoring the position regularly until you’re ready to close it out. Consider setting stop-loss limits to protect you from unexpected swings in the market.

Choose a CFD broker

To summarise

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CFD trading is a popular and accessible way to trade for all Sweden users, but there are a few risks as well. Swedish CFD providers give you access to global markets and a greater range of trading options, so you can back markets to go both up and down.

However, using leverage can lead to significant losses and, with CFDs, you don’t own the underlying assets themselves, so you have less investor protection than – for example – company shareholders.

This guide picks out the 4 best CFD brokers in Sweden, based on their cost, accessibility, and the range of products available. Once you fully understand the pros and cons, choose any of the top CFD trading platforms above to get started with. It only takes a few minutes to start trading CFDs in Sweden. 

FAQs

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Which CFD broker in Sweden has the lowest spreads?
Which CFD broker in Sweden has the most stocks to trade?
Which CFD trading platform in Sweden has the best mobile app?
Which CFD broker in Sweden has the best leverage & margin rates?
Do I have to pay tax on money I make from CFD trading in Sweden?


Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.