In today’s accessible investment world, the stock market stands as a potentially lucrative option. Our team of experts at Coincipher has conducted extensive research to identify the best stock trading platforms in Sweden. Whether you’re a seasoned investor or just starting, we will help you choose the platform that aligns with your goals and preferences.
Summary of the Best Stock Trading Platforms in Sweden
We have evaluated numerous stock trading platforms available in Sweden. Our experts have considered factors such as fees, security, user experience, and the range of investment options to compile this list of the top 5 platforms. Based on our thorough market analysis, we recommend the following 5 best stock trading platforms in Sweden:
- Plus500 – Best Overall Stock Trading Platform in Sweden
- Skilling – Best Platform for Mobile Trading
- Eightcap – Best Platform for Choice of Trading Software
- eToro – Best for Beginners, Copy Trading, and Demo Account
- AvaTrade – Best Regulated Broker for Secure Trading
1. Plus500 – Best Overall Stock Trading Platform in Sweden
Plus500 is a leading stock trading platform in Sweden, known for its transparency, reliability, and comprehensive offerings. The platform caters to both beginners and experienced traders, providing a seamless trading experience.
Key Features
- User-friendly web and mobile trading platforms
- Access to a wide range of markets, including Swedish and international stocks
- Real-time market data and advanced charting tools
- Educational resources and market insights
- Competitive pricing and transparent fee structure
Key Metrics
- Minimum deposit: $100
- Stock CFD fees: From 0.08%
- Inactivity fee: £10 per month after 3 months of inactivity
- Available assets: 1,800+ stock CFDs, 100+ ETF CFDs, 50+ forex pairs, 40+ crypto CFDs, 20+ index CFDs, 20+ commodity CFDs
Why Choose Plus500
Plus500 stands out as the best overall stock trading platform in Sweden due to its user-friendly interface, competitive fees, and extensive range of investment options. The platform offers a seamless trading experience, coupled with educational resources to help you make informed decisions. With Plus500, you can access both Swedish and international markets, allowing for portfolio diversification.
2. Skilling – Best Platform for Mobile Trading
Skilling is a popular choice among Swedish investors, known for its beginner-friendly approach and commission-free stock trading. The platform offers a wide range of investment options and is highly accessible through its mobile app.
Key Features
- Commission-free stock trading with competitive spreads
- User-friendly mobile app for trading on the go
- Integration with TradingView for advanced charting and analysis
- Access to Swedish and international markets
- Regulated by CySEC and the Seychelles Financial Services Authority (FSA)
Key Metrics
- Minimum deposit: $100
- Stock CFD fees: From 0.1%
- Inactivity fee: None
- Available assets: 954 stock CFDs, 73 forex pairs, 63 crypto CFDs, 23 index CFDs, 21 commodity CFDs
Why Choose Skilling
Skilling is an excellent choice for mobile traders, offering a user-friendly app that allows you to trade stocks commission-free. The platform’s integration with TradingView provides advanced charting and analysis tools, making it easier to make informed trading decisions. With a wide range of investment options and no inactivity fees, Skilling is a compelling choice for Swedish investors.
3. Eightcap – Best Platform for Choice of Trading Software
Eightcap is a well-regarded stock trading platform in Sweden, offering a choice of popular trading software, including MetaTrader 4, MetaTrader 5, and TradingView. The platform provides access to a wide range of markets and competitive trading conditions.
Key Features
- Choice of MetaTrader 4, MetaTrader 5, and TradingView trading platforms
- Low trading fees and competitive spreads
- Access to over 800 markets, including stocks, forex, indices, commodities, and cryptocurrencies
- Leverage up to 1:500
- Regulated by top-tier authorities, including the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC)
Key Metrics
- Minimum deposit: $100
- Stock CFD fees: Up to $3.5 per round turn (RT)
- Inactivity fee: None
- Available assets: 600+ stock CFDs, 40+ forex pairs, 250+ crypto CFDs, 10 index CFDs, 4 commodity CFDs
Why Choose Eightcap
Eightcap is an excellent choice for traders who value a choice of trading platforms. With the ability to use MetaTrader 4, MetaTrader 5, or TradingView, you can select the software that best suits your trading style and needs. The platform offers competitive trading conditions, a wide range of markets, and the security of top-tier regulation.
eToro – Best for Beginners, Copy Trading, and Demo Account
eToro is a well-known stock trading platform that has gained popularity among Swedish investors. The platform is particularly suitable for beginners, offering a user-friendly interface, copy trading features, and a demo account to practice trading.
Key Features
- Commission-free stock and ETF trading
- Copy trading feature allows users to automatically copy the trades of successful investors
- Virtual portfolio (demo account) to practice trading with virtual funds
- Fractional shares enable investing in expensive stocks with smaller amounts
- Regulated by top-tier authorities, including the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC)
Key Metrics
- Minimum deposit: $100
- Stock and ETF fees: 0% commission
- Inactivity fee: $10 per month after 12 months of inactivity
- Available assets: 3,000+ stocks, 250+ ETFs, 50+ forex pairs, 120+ cryptocurrencies
Why Choose eToro
eToro is an excellent choice for beginners who want to learn from experienced traders through copy trading. The platform’s user-friendly interface and demo account make it easy for new investors to get started. With commission-free stock and ETF trading, as well as access to a wide range of assets, eToro provides a compelling option for Swedish investors.
5. AvaTrade – Best Regulated Broker for Secure Trading
Overview
AvaTrade is a highly regulated stock trading platform that prioritizes security and offers a wide range of trading instruments. The platform provides access to global markets and supports various trading software.
Key Features
- Regulated by multiple top-tier authorities, ensuring a secure trading environment
- Access to 600+ stocks from major global exchanges
- Commission-free stock CFD trading
- Supports popular trading platforms, including MetaTrader 4, MetaTrader 5, and AvaTradeGO
- Competitive spreads and low fees
Key Metrics
- Minimum deposit: $100
- Stock CFD fees: From 0.13%
- Inactivity fee: $50 per quarter after 3 months of inactivity
- Available assets: 600+ stock CFDs, 50+ forex pairs, 20+ cryptocurrencies, 20+ index CFDs, 20+ commodity CFDs
Why Choose AvaTrade
AvaTrade is an excellent choice for traders who prioritize security and regulation. With multiple top-tier licenses, the platform ensures a safe trading environment. AvaTrade offers commission-free stock CFD trading and supports popular trading platforms, catering to the needs of various types of traders. The platform’s competitive spreads and low fees make it an attractive option for Swedish investors.
Read more:
- Best Stock Trading Platforms in the Netherlands
- Best Stock Trading Platforms in the UK
- Best Stock Trading Platforms in Thailand
How to Buy Stocks in Sweden
Step 1: Research and Analysis
Before investing in a stock, conduct thorough research on the company’s financial health, history, products/services, and recent news or events that may impact its market performance.
Step 2: Select a Brokerage
Choose a reputable brokerage platform that suits your investment needs. We recommend Plus500 as the best overall stock trading platform in Sweden. Visit Plus500’s website and click on “Start Trading” to begin the account opening process.
Step 3: Fund Your Account
Once your Plus500 account is set up, fund it with the desired investment amount. You can do this by navigating to the “Deposit” section on the platform and following the instructions to transfer money from your bank account.
Step 4: Determine the Number of Shares to Buy
Based on your investment strategy and budget, decide on the number of shares you wish to purchase.
Step 5: Place an Order
Use the Plus500 platform to search for the stock you want to buy. Click on the stock and select “Buy” to place a buy order. Specify the number of shares and the order type (market order, limit order, etc.).
Step 6: Review and Confirm
Double-check the details of your purchase order before confirming the transaction to ensure accuracy.
Step 7: Monitor Your Investment
Regularly monitor the performance of your stock investment. Stay informed about market trends and any news or developments related to the company.
Step 8: Reassess and Adjust
Periodically review your investment strategy and, if necessary, consider adjusting your portfolio based on changing market conditions or personal financial goals.
Fees for Buying Stocks in Sweden
Stock trading fees in Sweden can vary depending on the platform you choose. On Plus500, our recommended platform, stock CFD fees start from 0.08%. It’s important to note that Plus500 offers CFD trading, which means you’re trading contracts for difference rather than owning the underlying asset. CFD trading can involve additional fees, such as overnight financing charges.
| Platform | Stock CFD Fees | Inactivity Fee | Minimum Deposit |
| Plus500 | From 0.08% | £10/month after 3 months | $100 |
| Skilling | From 0.1% | None | $100 |
| Eightcap | Up to $3.5 RT | None | $100 |
| eToro | 0% commission | $10/month after 12 months | $100 |
| AvaTrade | From 0.13% | $50/quarter after 3 months | $100 |
It’s essential to carefully review the fee structure of each platform to ensure that it aligns with your trading frequency and investment goals.
Taxes on Investing in Stocks in Sweden
In Sweden, capital gains from stock investments are subject to a 30% tax rate. However, if you invest through an Investment Savings Account (ISK), you pay an annual standard tax based on the account’s value instead of capital gains tax. This can be advantageous for long-term investors. It’s always advisable to consult with a tax professional to understand the specific tax implications of your investments.
Conclusion
Investing in stocks can be a rewarding way to grow your wealth, and choosing the right trading platform is essential. Based on our expert analysis, we recommend Plus500 as the best overall stock trading platform in Sweden. With its user-friendly interface, competitive fees, and wide range of investment options, Plus500 offers a compelling choice for both beginner and experienced investors. By following our step-by-step guide and staying informed about market trends, you can make well-informed investment decisions and work towards your financial goals.
FAQs
What is the minimum amount required to start investing in stocks in Sweden?
Many stock trading platforms in Sweden, including Plus500, have a minimum deposit requirement of around $100. However, it’s important to consider the minimum trade size as well, which can vary depending on the platform and the specific stock.
Are there any tax advantages to investing in stocks in Sweden?
Investing through an Investment Savings Account (ISK) can offer tax advantages, as you pay an annual standard tax instead of capital gains tax on your investments.
Can I invest in international stocks from Sweden?
Yes, many Swedish stock trading platforms, including Plus500, offer access to international markets, allowing you to diversify your portfolio with stocks from other countries.
How can I learn more about investing in stocks?
Most stock trading platforms offer educational resources, such as tutorials, webinars, and market insights. Additionally, you can find valuable information from reputable financial websites, books, and courses.
