To trade forex as a resident of Sweden, you will either be working with a broker regulated locally in Sweden, or an international broker that accepts Swedish residents. If you choose an international broker, you’ll want to make sure it is licensed and well-regulated in major jurisdictions, and that it offers retail forex from a margin account. Once you’ve chosen a regulated online broker and your application for a live trading account has been approved, you can deposit funds into your new brokerage account and start trading. Here are some things to consider (and some important first steps to take) if you want to get started trading forex in Sweden: We mentioned it already, but we want to stress again how important it is to choose a reliable, highly regulated, well-trusted forex broker. Making the right choice here can help you reduce your chances of falling victim to a scam broker. Learn more about broker trust by checking out our Trust Score page. You’ll want to decide if you prefer exchange-traded currency derivatives (listed products), or if you’d rather trade over the counter (OTC) from a margin account (also known as off-exchange forex) with an international forex broker. Identify your trading goals, so that you can work towards developing a trading plan. There’s a lot of great educational content out there (your broker is usually a great place to start), so consume as much of it as possible so that you can make informed choices about how to structure your personal trading plan. Carefully consider your broker’s available payment methods (for depositing and withdrawing funds) and choose the method that’s right for your needs. Many international forex brokers offer PayPal – check out our guide to the best PayPal forex brokers. You’re almost ready to start trading with real funds. Open a live brokerage account, and then fund it using your chosen payment method. We always recommend starting with a demo account to learn how to use the trading platform software without risking your investment capital. Test your trading strategy with live funds, using an amount that you can afford to risk.