4 Best Forex Brokers in Finland
Last Update: June 26th, 2024
The 4 Best Forex Broker is Finland. Rated and Reviewed. A list of all the top Forex Brokers accepting traders from Finland.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Finland – a List
- Is Forex Trading legal in Finland?
- Who does Finland trade with the most?
- Is Finland a Good Place to Invest?
- Can I trade Forex in Finland?
- The Best Broker in Europe
and much, MUCH more!
4 Best Forex Brokers in Finland – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Finnish Traders | 💶 Min. Deposit (EUR) |
🥇 eToro | 👉 Click Here | ✅Yes | 9,28 |
🥈 IC Markets | 👉 Click Here | ✅Yes | 185,67 |
🥉 Interactive Brokers | 👉 Click Here | ✅Yes | None |
🏅 Saxo Bank | 👉 Click Here | ✅Yes | None |
4 Best Forex Brokers in Finland (2024)
- ☑️ eToro – Overall, the Best Forex Broker in Finland
- ☑️ IC Markets – Low EUR (€) Minimum Deposit Brokers for Beginners
- ☑️ Interactive Brokers – Best Overall Offering
- ☑️ Saxo Bank – Best Forex Broker for Professionals
eToro
eToro is a highly regulated and trusted Forex Broker that offers access to Copy Trading. CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, the SIPC regulate it. Notable features include Spreads from 1 Pip and Leverage of up to 1:400.
The eToro Standard Retail Account is integrated with the Brokers’ proprietary trading platform. The following trading instruments and products are available:
- 55 currency pairs
- 32 commodities
- 531 ETFs
- 21 indices
- 77 cryptocurrencies
- 4,610 stocks
Moreover, NFTs (Non-Fungible Tokens) have been added to the available selection.
🔎 Broker | 🥇 eToro |
📈 Regulation and Licenses | CySEC, FCA, ASIC, FSA, FinCEN, FINRA |
📉 Ease of Use | 5/5 |
📊 Support Hours | 24/5 |
💻 Trading Platforms | eToro platform |
💹 Account Types | Standard Retail Account |
💴 Base Currencies | USD |
🅰️ Spreads | From 1 pip EUR/USD |
🅱️ Leverage | 1:30 |
💶 Currency Pairs | 55; minor, major, exotic pairs |
💳 Minimum Deposit | $50 USD |
🚫 Inactivity Fee | 10 USD after 12 months of inactivity |
📌 Website Languages | English, Italian, German, etc. |
💰 Fees and Commissions | Spreads from 1 pip |
🤝 Affiliate Program | ✅Yes |
✖️ Banned Countries | Canada, Japan, Brazil, Turkey, North Korea, Iran, Cuba, Albania, Serbia, Sudan, and Syria |
📈 Scalping | None |
📉 Hedging | ✅Yes |
📊 Trading Instruments | Forex, stocks, crypto (physical), crypto CFDs, indices, commodities, ETFs |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Social trading | Withdrawal Fee |
Low trading fees | Inactivity fee |
Negative balance protection | Conversion fees |
User-friendly Platform | Single base currency |
Our Insights
The benefits of trading with eToro include an intuitive mobile app, comprehensive instructional tools, and trusted customer support.
IC Markets
IC Markets is a renowned Forex and CFD provider. ASIC, CySEC, FSA, and, the SCB regulate it. Notable features include 64+ Currency Pairs, Spreads from 0.0 Pips, and Leverage of up to 1:5000. Accounts offered are cTrader, Raw Spread, and Standard. No Minimum deposit is required. Accepted base currencies include AUD, USD, JPY, EUR, NZD, SGD, GBP, and, CAD.
Trading Platforms offered are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and ZuluTrade. The following trading instruments and products are available:
- 64 currency pairings for trading
- 22 commodities
- 25 indices
- 11 distinct bond instruments
- 18 cryptocurrency alternatives
- 1,600 stocks
Moreover, IC Markets provides four futures contracts.
🔎 Broker | 🥇 IC Markets |
💴 Minimum Deposit | 200 USD |
💵 Inactivity Fee | None |
📌 Regulation and Licenses | ASIC, CySEC, FSA, SCB |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/7 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Affordable forex and CFD trading costs | High minimum deposit requirement |
Comprehensive education and research | No investor protection for non-EU customers |
Our Insights
The benefits of IC Markets include a Multi-Lingual Website available in English, Spanish, Russian, Thai, Malay, Vietnamese, Italian, Portuguese, and several other languages.
Interactive Brokers
Interactive Brokers is an American multinational brokerage firm that offers services to individual investors, hedge funds, proprietary trading groups, financial advisors, and introducing brokers. Nine Tier-1 Regulators govern it. Accounts offered are IBKR Lite and IBKR Pro. No Minimum deposit is required.
Trading Platforms include IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact. The following trading instruments and products are available:
- 100 currency pairings
- Over 150 exchanges
- Exchange-traded funds (ETFs)
Moreover, a Crypto selection is offered, including Bitcoin, Ethereum, Litecoin, and Bitcoin Funds.
🔎 Broker | 🥇 Interactive Brokers |
💴 Min. Deposit | None |
💶 Inactivity Fee | None |
📈 Tradable Assets | Forex, Metals, Futures, ETFs |
🪙 Crypto Trading | ✅Yes |
📉 MT4 / MT5 | None |
📊 Proprietary Platforms | ✅Yes |
📲 Mobile App | ✅Yes |
🤝 Customer Support | 24/7 |
✏️ Education | ✅Yes |
📍 Account Types | IBKR Pro and Lite |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Low commissions and fees | Intimidating Platform |
Excellent educational materials | Complex tiered pricing plans |
Reliable trade execution | Lacking Customer Support |
Our Insights
The Benefits of trading with Interactive Brokers include a vast selection of educational resources and dedicated Customer Support.
Saxo
Saxo is a Highly Regulated Forex Broker that provides services to individual investors. Fourteen Tier-1 Regulators govern it. Moreover, Interactive Brokers adhere to Danish legislation and implement strong anti-money laundering measures.
Accounts offered are Classic, Platinum, and, VIP. No minimum deposit is required. All accounts are integrated with the SaxoTraderGO and SaxoTraderPRO Trading Platforms. The following trading instruments and products are available:
- 185 Forex spot pairs and 140 futures
- 8,800 instruments
- 50 global exchanges
- 250 futures contracts
- 45 FX vanilla
- 3,200 listed options
- 7,000 exchange-traded funds
Moreover, mutual funds from top providers with no commissions or platform fees are provided.
🔎 Broker | 🥇 Saxo |
📈 Ease of Use | 4/5 |
📉 Support Hours | 24/5 |
📊 Trading Platforms | SaxoTraderGO, SaxoTraderPRO |
💹 Account Types | Classic, Platinum, VIP |
💴 Base Currencies | 18 currencies |
🅰️ Spreads | From 0.4 pips |
🅱️ Leverage | 1:30 |
💸 Currency Pairs | 185+ |
💳 Minimum Deposit | 0 USD |
🚫 Inactivity Fee | None |
⚙️ Website Languages | English, Danish, French, etc. |
💰 Fees and Commissions | Spreads from 0.4 pips; commissions from $0 on Mutual Funds |
🤝 Affiliate Program | ✅Yes |
❌ Banned Countries | United States |
📈 Scalping | ✅Yes |
📉 Hedging | ✅Yes |
📊 Trading Instruments | Forex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, mutual funds |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Instructional resources | High Fees when Compared |
Multiple Trading Platforms | Futures and options - complicated cost structures |
Our Insights
The benefits of trading with Saxo include excellent Trading Platforms, top-tier educational resources, and trusted customer support.
The Finnish Financial Supervisory Authority
The Finnish Financial Supervisory Authority is the Financial regulator of all Financial Services in Finland.
Is Forex Trading Legal in Finland?
Forex Trading in Finland is legal and well-regulated by the Finnish Financial Supervisory Authority.
In Conclusion
Forex Trading in Finland is extremely popular and well-regulated by the Finnish Financial Supervisory Authority. Moreover, multiple trusted and well-established International Brokers accept Finnish Traders.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker | |
🥈 | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker | |
🥉 | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker | |
5 | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker | |
6 | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker | |
7 | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker | |
8 | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker | |
9 | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker | |
10 | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Finnish Traders, we found 4 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
You might also like:
eToro provides a demo account with a $100,000 virtual balance.
Forex, Commodities, Indices, Bonds, Cryptocurrencies, and Stocks.
Nine Tier-1 Regulators govern Interactive Brokers.
The Minimum Deposit for a Saxo Bank Platinum Account is 200,000 USD