Brokers With SEK Accounts
The Swedish Krona (SEK) is one of Europe’s strongest currencies and is widely traded around the world. In recent years, a growing interest in forex trading has led to an increase in brokers offering a range of base currency accounts, including SEK accounts. This guide will take a look at some of the best brokers with SEK accounts available today. We also unpack the benefits and drawbacks of brokers with SEK accounts in addition to guidance on how to find the right account for you.
Brokers With SEK Accounts
These are the 6 best brokers that offer accounts with SEK as the base currency:
Here is a short overview of each broker's pros and cons
- Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
- Zacks Trade - Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.
- Trade Nation - Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
- Markets.com - Established in 2008, Markets.com is a long-standing, multi-regulated broker with oversight from the CySEC and FSCA. It offers unique features to track hedge fund moves and insider trades, while providing stock signals to alert traders to market opportunities. Its choice of accounts (Classic to Professional) caters to all levels of active trader. 72.3% of retail accounts lose money.
- Skilling - Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of day trading instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. You can sign up and start trading in three easy steps.
Brokers With SEK Accounts Comparison
| Broker | Minimum Deposit | Instruments | Platforms |
|---|---|---|---|
| Interactive Brokers | $0 | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
| Dukascopy | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 |
| Zacks Trade | $2500 | Stocks, ETFs, Cryptos, Options, Bonds | Own |
| Trade Nation | $0 | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) | MT4 |
| Markets.com | $200 | CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds | Web Platform, MT4, MT5, TradingCentral |
| Skilling | $100 | Forex, CFDs, Stocks, Indices, Commodities and Cryptos | Skilling Trader, MT4, cTrader, TradingView |
Interactive Brokers
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer
Interactive Brokers Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
| Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | $100 |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Pros
- Interactive Brokers has been named Best US Broker for 2025 by DayTrading.com, recognizing its long-standing commitment to US traders, ultra-low margin rates, and global market access at minimal cost.
- The new IBKR Desktop platform takes the best of TWS while adding bespoke tools like Option Lattice and Screeners with MultiSort to create a genuinely impressive trading experience for day traders at every level.
- IBKR continues to deliver unmatched access to global stocks with tens of thousands of equities available from 100+ market centres in 24 countries, most recently the Saudi Stock Exchange.
Cons
- IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
- TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
- You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
Dukascopy
"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."
Dukascopy Quick Facts
| Bonus Offer | 10% Equity Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Regulator | FINMA, JFSA, FCMC |
| Platforms | JForex, MT4, MT5 |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:200 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN |
Pros
- Dukascopy offers tight spreads starting from 0.1 pips, leverage up to 1:200 (depending on the jurisdiction), and volume-based commissions that reward high-frequency traders.
- The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.
Cons
- While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
- While JForex is feature-rich, it has a steep learning curve, making it less suitable for beginner traders who might prefer simpler platforms.
- Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
Zacks Trade
"Zacks Trade will suit active day traders with experience using powerful platforms. Fees and margin rates are low while the market research is excellent."
Tobias Robinson, Reviewer
Zacks Trade Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, ETFs, Cryptos, Options, Bonds |
| Regulator | FINRA |
| Platforms | Own |
| Minimum Deposit | $2500 |
| Minimum Trade | $3 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, RUB, PLN, CZK, HUF |
Pros
- Demo account
- Comprehensive research and data
- Regulated by FINRA with access to the Securities Investor Protection Corporation
Cons
- Withdrawal fees apply if removing funds more than once per month
- Shortcomings regarding platform loading times and technical glitches
- High minimum requirement of $2,500
Trade Nation
"Trade Nation is a good choice for newer traders looking for a wide range of financial markets on a user-friendly platform. There is no minimum deposit, free funding options and strong education."
Trade Nation Quick Facts
| Bonus Offer | 200 Sign-Up Reward Points |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) |
| Regulator | FCA, ASIC, FSCA, SCB, FSA |
| Platforms | MT4 |
| Minimum Deposit | $0 |
| Minimum Trade | 0.1 Lots |
| Leverage | 1:500 (entity dependent) |
| Account Currencies | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK |
Pros
- Trade Nation is a multi-regulated and respected broker that previously operated as Core Spreads
- Multiple account currencies are accepted for global traders
- There is a low minimum deposit for beginners
Cons
- Fewer legal protections with offshore entity
Markets.com
"Markets.com is best suited to retail investors who trade frequently but don’t want to calculate commissions, thanks to its spread-only pricing (EUR/USD around 1.3 pips). It especially appeals to short-term traders who value fast execution, flexible asset choice spanning 2,200+ instruments and proprietary tools like hedge fund confidence indices and insider trade alerts."
Markets.com Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds |
| Regulator | CySEC, FSCA, SVGFSA |
| Platforms | Web Platform, MT4, MT5, TradingCentral |
| Minimum Deposit | $200 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK, CHF, PLN, CZK |
Pros
- Markets.com provides commission-free trading on most assets with spreads starting from around 0.6 pips on major forex pairs, making it cost-effective for casual traders.
- Within the 2,200+ CFDs, Markets.com offers thematic baskets like the Warren Buffett Blend and Cannabis Blend, which behaved like ready-made mini-ETFs during testing, saving the work of balancing weights manually.
- Markets.com’s Hedge Fund Confidence and Insider Trading tools pulls SEC filings into the dashboard within 24 hours of disclosure, helping to spot fund moves and C-suite buys before most retail newsfeeds updated.
Cons
- The proprietary web platform felt a bit basic once we pushed into advanced charting with fewer drawing/indicator options than full TradingView or MetaTrader.
- During sign-up, we hit unclear account type explanations and got stuck in an email verification loop that locked us out for an hour - way less streamlined than other brokers we’ve tested.
- Inactivity charges kick in after just 3 months, while variable spreads are wider than top ECN brokers during testing, which may deter day traders and high-frequency traders.
Skilling
"Skilling maintains its position as a top pick for beginners looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or anyone looking to trade forex during extended hours."
Skilling Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Forex, CFDs, Stocks, Indices, Commodities and Cryptos |
| Regulator | CySEC |
| Platforms | Skilling Trader, MT4, cTrader, TradingView |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, SEK, NOK |
Pros
- The €100 deposit and zero commissions in the Standard account are accessible for beginners
- The Skilling Copy solution is accessible directly from the cTrader web terminal, making it easy for strategy providers to manage their portfolios
- Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs
Cons
- You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
- Skilling trails alternatives like IG when it comes to research tools that can help day traders make informed decisions
SEK Explained
The Swedish Krona (SEK), also known as ‘Stocky’ after the capital Stockholm, is the official currency of Sweden, one of the world’s leading economies. Despite its size, Sweden’s vast natural reserves and specialist economic sectors have cultivated a strong economy, positioning the SEK as an attractive trading proposition.
Its popularity is in part due to its relative stability and predictability. The country is, however, highly dependent on exports and is sensitive to price changes in its key exports, oil and natural gas, which is reflected in changes to the value of the SEK. Krona is most commonly traded alongside the Euro in the SEK/EUR, an exotic forex pair.
What Is A SEK Account?
Brokers with SEK accounts hold funds in Swedish Krona while a USD account will hold them in US Dollars. Put simply, the base currency of an account determines which fiat currency your money is held in.
The base currency is usually assigned during the account registration process and most brokers will not allow you to change the base currency once the account has been created. All account activity will be converted into the relevant base currency including profits, losses, deposits and fees.
Traders based in Sweden stand to gain the most from a SEK-based account but international traders with investment activity in Sweden may also benefit.
Pros Of Brokers With SEK Accounts
There are several benefits to brokers with SEK accounts:
- Fees – SEK-based accounts should not charge conversion fees for deposits or withdrawals in Krona.
- Speed – the account funding and withdrawal processes can be much quicker given that transactions made with local banks can be processed quickly.
- Regulation – brokers with SEK accounts are more likely to be regulated by trusted bodies like the CySEC. The CySEC provides an additional layer of security to retail traders through anti-fraud and compliance policies. We recommend that you always trade with regulated brokers to protect yourself against scams and other fraudulent activity.
How To Check A Broker Offers A SEK Account
Finding the right broker is important and not every broker offers a SEK account. To find out whether they do, head to the deposits and withdrawals page on the broker’s website where you should find a list of the account options available. If it’s still unclear, try contacting the broker’s customer support team for more information.
How To Compare Brokers With SEK Accounts
Not all SEK accounts are created equal. Trading conditions, instruments and tools vary between providers. Whilst it can feel overwhelming, there are a few key things to look out for to help you find the right account for your needs:
- Platforms – whether you’re an MT4-enthusiast or you’re looking to execute a specific strategy, ensure that you have a grasp of the features on the platform offered. Demo accounts are a great way to do this risk-free. Most demo accounts are free to access and accurately reflect the trading conditions of a live account.
- Fees – ensure that deposits, withdrawals and processing fees are competitive. Additional fees may apply to transactions processed by a third-party, so always read the small print.
- Assets – the suite of assets available to trade will vary according to the broker so make sure that access to your chosen market is facilitated. Investors looking to trade niche instruments may find that there are fewer options though many brokers are broadening their remit.
Brokers with SEK accounts won’t make sense for every trader. However, for those based in Sweden or those who have regular use for Swedish Krona, they could be a big time-saver as well as providing economic benefit through waived conversion fees.
Final Word On Brokers With SEK Accounts
Brokers with SEK accounts have a lot to offer, especially for investors based in Sweden. Transactions can be processed quickly and there are fewer associated transfer fees.
As interest in forex trading continues to soar, the number of brokers with SEK accounts is likely to continue increasing, giving more choice to traders. See our list of the top SEK-based trading accounts to get started.
FAQ
What Is A SEK Trading Account?
Brokers with SEK accounts hold client funds in Krona. There are a number of benefits to holding funds in the currency you wish to withdraw them in – transactions tend to be faster, safer and more convenient.
How Can I Open A SEK Account?
Firstly, you’ll need to find brokers with SEK accounts. Not all providers offer them but there are some good options available. Once you have chosen one, you’ll need to complete the account registration process. This may vary somewhat but it’s generally straightforward. Once complete, you can start trading.
Why Should I Open A SEK Account?
If you are a citizen of Sweden or an international trader with high volumes of activity relating to SEK, there could be benefits to opening a SEK trading account. Brokers with SEK accounts tend to offer increased fund safety plus hassle-free deposits and withdrawals.
How Can I Find Brokers That Accept SEK?
If you’re looking for brokers with SEK accounts, there is a wealth of resources available to help guide you. Forums are a great place to start and we’ve listed our top picks here.
What Are the Drawbacks To Brokers With SEK Accounts?
For traders that don’t wish to withdraw or deposit funds in Swedish Krona, brokers with SEK accounts have little to offer. Given that the currency is less widely used, there is a limited number of providers available and there may be currency conversion fees if you want to deposit in USD, for example.