Weak Swedish Krona for 2024

We found 11 online brokers that are appropriate for Trading Swedish Krona Investment Platforms.

Weak Swedish Krona Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - April 24, 2024

Weak Swedish Krona

Weak Swedish Krona and Its Impact on Financial Markets

A weakening Swedish Krona (SEK) can have significant implications for the financial markets, both domestically in Sweden and internationally. In fact, the SEK hit a record low against the U.S. dollar in 2022.

Sweden boasts a well-developed and sophisticated financial infrastructure, with a primary stock exchange (Nasdaq Stockholm) facilitating trading in equities, bonds, derivatives, and other instruments. A robust banking sector with major players like Swedbank and SEB provides a wide range of financial services. Regulatory bodies like the Swedish Financial Supervisory Authority ensure stability and integrity.

Impact of Weak Krona

A weaker Krona can have several consequences:

Krona (Kr) price volatility chart 2023 to 2024

Export Competitiveness

A weak SEK makes Swedish exports more competitive in international markets by lowering their prices relative to goods from countries with stronger currencies. This can boost demand for Swedish goods and services abroad, supporting export-driven industries such as manufacturing and technology.

A weaker Krona means that Swedish goods become cheaper for foreign buyers who are paying in stronger currencies. This increased competitiveness can lead to higher demand for Swedish exports. The data showing an increase in export prices to 135 points in February 2024 from 133.40 points in January 2024 can be interpreted as a sign of this heightened demand. This is because exporters may raise their prices in response to increased foreign demand without losing competitiveness abroad, as the weaker Krona still keeps the overall cost lower for foreign buyers.

Swedish export prices 2020-2024

Inflationary Pressure

A weak SEK can lead to higher import prices for goods and raw materials, potentially fueling inflationary pressures in the economy. This can prompt central banks, such as the Swedish Riksbank, to adjust monetary policy by raising interest rates to control inflation.

A weaker currency can also import inflation because imports become more expensive. For a country like Sweden, which may import raw materials and intermediate goods, the cost of these imports will increase as the Krona depreciates. This imported inflation can contribute to higher costs of production for goods that are then exported, pushing export prices up. The rise in export prices as shown in the data might reflect these inflationary pressures.

Historical Trends and Economic Indicators:

Looking at the historical data, export prices in Sweden have seen a substantial increase from an average of 88.47 points from 1990 until 2024, with a peak at 141.30 points in November 2022. This trend suggests a long-term improvement in the value of Swedish exports which could be partially attributed to structural changes in the economy, improvements in the quality of goods, or shifts in global demand. The fluctuations also indicate that there are periods when the Krona's value and other economic factors have significantly impacted export prices.

Economic Growth

While a weak SEK can benefit export-oriented industries, it may also lead to increased costs for imports, which could weigh on domestic consumption and economic growth. The overall impact on economic growth depends on the balance between export competitiveness and inflationary pressures.

While a weak Krona can boost export volumes by making Swedish products more competitive on the international market, the overall impact on the trade balance will also depend on the cost of imports and the volume of exports. If the increase in export prices continues, it might suggest a robust demand for Swedish goods which could positively affect the country's trade balance despite the weaker currency.

Asset Prices

In financial markets, a weak SEK can impact asset prices, particularly for assets denominated in foreign currencies. For example, Swedish investors holding foreign assets may see the value of their investments increase when translated back into SEK. Conversely, foreign investors holding Swedish assets may experience currency-related losses.

Investor Sentiment

Currency movements, including a weak SEK, can influence investor sentiment and market volatility. Uncertainty surrounding exchange rates may lead to increased risk aversion among investors and fluctuations in asset prices, particularly in currency-sensitive sectors such as international trade and tourism.

Low-Interest Rates

To enhance consumer spending, the country has previously maintained meagre interest rates throughout the years. The weak Swedish Krona supported the country's export-oriented economy throughout the war of tariffs and recession fears. The maintained low level of SEK allows Sweden's tourism sector to grow exponentially.

However, the central bank was forced to raise interest rates in 2022 to combat rising inflation. 

Riksbank Policy rate chart dated 2024 04 15

Why National Currency Can Be Weak

Swedish economy and Krona price

A national currency can weaken due to various factors, including:

Economic Fundamentals: Weakness in key economic indicators such as GDP growth, inflation, trade balance, and fiscal deficits can erode confidence in a currency. Investors may sell the currency in favor of stronger alternatives, leading to depreciation.

Monetary Policy: Central bank actions, such as interest rate cuts or quantitative easing, aimed at stimulating economic growth or controlling inflation, can weaken a currency. Lower interest rates make the currency less attractive to investors seeking higher yields, resulting in capital outflows.

Political Instability: Political uncertainty, government instability, or geopolitical tensions can undermine confidence in a currency and lead to capital flight. Investors may seek safe-haven currencies, causing depreciation of the national currency.

External Factors: Economic developments in major trading partners, such as changes in interest rates, trade policies, or geopolitical events, can affect a country's currency. Stronger currencies in trading partners may make exports less competitive, leading to currency depreciation.

Speculation: Speculative trading activities in the foreign exchange market can exacerbate currency movements. Large-scale currency trades by investors or hedge funds based on anticipated future movements can amplify volatility and weaken a currency.

Current Account Deficits: Persistent current account deficits, indicating that a country is importing more goods and services than it exports, can put downward pressure on its currency. Foreign investors may demand a higher return to finance the deficit, leading to currency depreciation.

Debt Levels: High levels of public debt relative to GDP can raise concerns about a country's ability to service its debt obligations. Investors may demand higher yields on government bonds, leading to higher borrowing costs and currency depreciation.

Market Sentiment: Market sentiment and perceptions of a currency's value can influence its strength or weakness. Negative sentiment, driven by factors such as fear, uncertainty, or doubt, can lead to currency depreciation, irrespective of economic fundamentals.

Why Some Counties Want Their Currency to be Weak

Some countries may prefer to have a weak currency due to several strategic and economic reasons:

Export Competitiveness: A weaker Swedish Krona makes Swedish exports cheaper for international buyers. This can boost export volumes and enhance the competitiveness of local industries in Sweden to international markets, leading to increased revenue and economic growth.

Tourism: A weaker currency can make a country a more attractive destination for tourists, as their purchasing power increases relative to the local currency. This can stimulate tourism-related industries and contribute to economic growth.

Foreign Investment: A weak currency can make a country's assets, such as stocks, real estate, and businesses, more affordable for foreign investors. This can attract foreign investment, spur economic activity, and create jobs.

Debt Repayment: Countries with significant foreign currency-denominated debt obligations may benefit from a weaker currency. It reduces the real value of their debt in domestic currency terms, making it easier to service and repay.

Trade Balance: A weaker Krona currency can help improve Swedens trade as importing to Sweden now costs more and exporting products out of Sweden is more cost effective. This can reduce trade deficits and contribute to a more favorable balance of payments.

Boosting Inflation: Inflation can be desirable in some circumstances, such as during periods of deflationary pressure or economic stagnation. A weaker currency can help stimulate inflation by increasing the cost of imports and domestic prices, thereby supporting economic growth.

Political Objectives: Governments may deliberately weaken their currency to achieve political objectives, such as reducing unemployment, boosting domestic industries, or gaining a competitive advantage in trade negotiations.

Weak Swedish Krona Verdict

While a weak Swedish Krona can offer benefits in terms of export competitiveness and trade balance improvement, it may also pose challenges such as inflationary pressures and potential volatility in financial markets. Policymakers need to carefully monitor currency movements and implement appropriate measures to manage any adverse impacts on the economy.

The weak Krona likely plays a significant role in the recent increase in export prices as seen in the data for Sweden. It enhances the competitiveness of Swedish exports, possibly increases the volume of exports, and could lead to inflationary pressures that further push up prices. This interaction shows the delicate balance economies must manage when dealing with currency valuation and international trade.

We have conducted extensive research and analysis on over multiple data points on Weak Swedish Krona to present you with a comprehensive guide that can help you find the most suitable Weak Swedish Krona. Below we shortlist what we think are the best Swedish Krona Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Weak Swedish Krona.

Reputable Weak Swedish Krona Checklist

Selecting a reliable and reputable online Swedish Krona Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Swedish Krona Investment Platforms more confidently.

Selecting the right online Swedish Krona Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Swedish Krona Investment Platforms in Our Brokerage Comparison Table

When choosing a broker for Swedish Krona Investment Platforms trading, it's essential to compare the different options available to you. Our Swedish Krona Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a Swedish Krona Investment Platforms broker that best suits your needs and preferences for Swedish Krona Investment Platforms. Our Swedish Krona Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Swedish Krona Investment Platforms of 2024 compared

Here are the top Swedish Krona Investment Platforms.

Compare Swedish Krona Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Swedish Krona Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Swedish Krona Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are Swedish Krona Investment Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Swedish Krona Investment Platforms that accept Swedish Krona Investment Platforms clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Min Deposit 200 10 100 No minimum deposit 5 200 100 100 100 1 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 1,000,000+ 30,000,000+ 1,000,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 142,500+ 10,000+ 1,866,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
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roboforex
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etoro
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xtb
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xm
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pepperstone
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avatrade
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fpmarkets
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easymarkets
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spreadex
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fxpro
Risk Warning Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All Swedish Krona Investment Platforms in more detail

You can compare Swedish Krona Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Swedish Krona Investment Platforms for 2024 article further below. You can see it now by clicking here

We have listed top Swedish Krona Investment Platforms below.

Weak Swedish Krona List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
eToro
(4/5)
Min deposit : 100
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

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Losses can exceed deposits
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Losses can exceed deposits