5 Best Norway Forex Brokers (July 2025)

In Norway, traders benefit from a stringent regulatory environment, but choosing the right Forex broker remains essential.  Norway’s brokers must be authorised by the Financial Supervisory Authority of Norway (Finanstilsynet) or passported under an EU regulator.  Below, we review 5 of the leading Forex brokers servicing Norwegian investors at the time of writing.  Always confirm before funding that each broker maintains valid authorisation by Finanstilsynet or its EU equivalent.

Considerations Before Trading in Norway

Regulatory Compliance and Security: Confirm the broker’s licence with Finanstilsynet or an EU regulator (e.g., CySEC, FCA); ensure client funds are segregated and data is encrypted.

Trading Platforms and Tools: Look for stable platforms offering real-time quotes, advanced charting, expert advisors (EAs), mobile access, and risk-management tools.

Costs and Account Features: Compare spreads, commissions, overnight swap rates, account minimums, leverage (up to 1:30 for EU retail clients), and any inactivity or withdrawal fees.

Warning: Forex trading carries significant risk. Trade only with funds you can afford to lose.

1. eToro

eToro merges a social trading network with multi-asset access, enabling Norwegian traders to trade Forex, stocks, ETFs, commodities, and crypto. Founded in 2007, it operates under CySEC (EU passport), FCA, and ASIC regulations, offering:

• Competitive Spreads: From 1 pip on major pairs.
• Social & Copy Trading: Follow and replicate strategies of 30+ million users.
• Risk Management: Stop Loss, Take Profit, and Zero Balance Protection.
• Demo Account: $100,000 in virtual funds for practice.

eToro’s community-driven approach and user-friendly interface make it ideal for beginners and pros alike. With robust risk controls and a generous demo account, traders can learn and test without capital risk.

Visit eToro →

Warning: eToro is a multi-asset platform. Your capital is at risk. See restrictions here.

2. ActivTrades

ActivTrades is authorised by the Portuguese CMVM and the UK’s FCA, specialising in Forex and CFDs. Norwegian clients enjoy:

• Smart Tools: Automated order management on MT4/5 and ActivTrader.
• Tight Spreads: From 0.5 pips on EUR/USD, no hidden fees.
• Negative Balance Protection: Guarantees you cannot lose more than your deposit.
• Copy Trading: Follow and copy strategies of high-performing traders.

With advanced platform enhancements and protective measures like negative balance protection, ActivTrades delivers a transparent, reliable trading environment for Norwegian Forex traders.

Visit ActivTrades →

3. IG

IG, regulated by FCA and CySEC, provides access to over 17,000 markets. Highlights for Norwegian traders include:

• Market Variety: Trade Forex, indices, stocks, commodities, and crypto CFDs.
• Educational Hub: Webinars, articles, and in-platform tutorials.
• Transparent Costs: Competitive spreads and clear margin requirements.

IG’s breadth of instruments and research tools make it an excellent choice for Norwegian investors seeking diversification beyond Forex, backed by industry-leading platform performance.

Visit IG →

Warning: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

4. XM

XM, licensed by CySEC, ASIC, and IFSC, caters to a global clientele. For Norway, it offers:

• Low Spreads: From 0.6 pips on major pairs.
• Flexible Leverage: Up to 1:30 for EU retail clients, higher for professionals.
• Account Variety: Micro, Standard, and Ultra Low accounts.
• Loyalty Rewards: Deposit bonuses and a points program.

XM’s customizable account types and loyalty incentives appeal to both newcomers and veterans, while its transparent pricing structure supports clear cost management.

Visit XM →

5. BlackBull Markets

BlackBull Markets, regulated by New Zealand’s FMA and via EU passporting, targets professional traders with:

• Zero-Pip Spreads: Raw spreads from 0.0 pips.
• Institutional Liquidity: Direct Tier-1 bank pricing.
• Sub-30ms Execution: Ultra-fast order fills.
• 24/5 Support: Expert account managers and multilingual service.

Ideal for high-frequency and algorithmic traders in Norway, BlackBull’s ultra-low-latency environment and transparent fee model deliver a premium execution experience.

Visit BlackBull Markets →

Summary

These five brokers represent the best options for Forex trading in Norway—each vetted for Finanstilsynet compliance, competitive pricing, platform quality, and support. Always conduct your due diligence on fees, regulation, and risk management tools to find the broker that best aligns with your trading objectives.