Best Forex Brokers in Norway
Norway is one of the richest economies in the world. Despite not being a part of the EU, Norway’s regulator Financial Supervisory Authority follows the same guidelines laid out by ESMA and is compliant with MiFID II. We have compared 100+ brokers in areas like regulations, trading platforms, leverage, fees, and more. Check out our top 10 forex brokers in Norway here.
Trade247
Investor protection24/7 Bilingual SupportMin deposit $100Max leverage 1:500Regulated by NoAdd to compare list4.1 / 5Start tradingPros, cons & fees
Dual Regulated Broker: Trade247 is regulated by both SCA (UAE) and FSC (Mauritius), adding more trust and credibility for the company.
MetaTrader 5 Platform: Advanced tools and fast execution with MetaTrader 5 and DMA (Direct Markets Access).
High Leverage on Trading Assets: The company offers a maximum leverage of 1:500 on tradable assets giving traders control to much bigger positions against their invested funds.
Only MetaTrader 5 Trading Platform Available: No MetaTrader 4 or proprietary trading platform options offered by the brokerage.
Newly Founded Broker: The company recently started operations in 2025, therefore, lacks an established reputation and a track record.
Lacks Dedicated Education Center: Unlike most brokers, Trade247 lacks dedicated courses and knowledge base.
Riverquode Investor protectionExtensive Educational ResourcesMin deposit $250Max leverage 1:400Regulated by FSCAAdd to compare list4.1 / 5Start tradingPros, cons & fees
Regulated by FSCA: Riverquode is authorized under a reputable South African regulatory body FSCA with license number 52830, providing a high level of regulatory oversight.
Fast Execution: Fast execution with low latency helps you make real-time trades without slippage.
5 Account Types for All Traders: Riverquode serves many account types for different types of traders/ From Classic to VIP, the company offers account tiers catering to beginners, pros, and all types of traders in between. There is also a free demo account to help you test new strategies.
No MT4 or MT5 Platforms: The broker currently only offers the WebTrader trading platform. More popular trading platforms like MT4 and MT5 are not available with this broker.
No Swap-Free Accounts: Riverquode does not offer swap-free/Islamic account options. However, there are swap discounts available on some account types.
Limited Leverage on Stocks & Crypto: Where leverage on forex is quite high 1:400, the leverage on equities and crypto is capped at 1:5, which is quite low compared to many other brokers.
IQ Option Investor protectionBest For CFDs TradingMin deposit 10$Max leverage 1:500Regulated by CySECAdd to compare list4 / 5Start tradingPros, cons & fees
Strong Regulation
User-Friendly Platform
Good Educational Resources
Limited Availability
Limited Trading Platforms
Limited Account Types
Grand CapitalBonus40% deposit bonus
Free VPS HostingMin deposit $10Max leverage 1:100Regulated by FSA, FSA (SV)Add to compare list4 / 5Start tradingPros, cons & fees
Competitive Minimum Deposit: The minimum deposit required to open an account with Grand Capital is $10, a relatively low minimum deposit in the industry.
All-Inclusive Educational Resources: Grand Capital provides educational resources for traders of all levels. The broker has webinars, video tutorials, and publications that cater to different trading needs.
Flexible Leverage: Grand Capital stands out with its flexible leverage options ranging from 1:1 to 1:2000. This flexibility allows traders to manage their risk and exposure according to their trading strategy.
Weak Regulation and Licensing: The financial market is subject to many regulatory bodies, and the more license brokers can boast of, the more credible they appear. Unfortunately, Grand Capital is not as licensed as many top brokers in the financial market.
Limited Trading Platforms: Grand Capital only has three trading platforms; MT4, MT5, and Grand Trade.
SwissquoteBonus€100 cashbackBest Secure BrokerMin deposit $1000Max leverage 1:100Regulated by FINMAAdd to compare list3.9 / 5Start tradingPros, cons & fees
Regulated and licensed by multiple financial authorities
Offers a wide range of assets for trading
Provides advanced trading tools and platforms
Does not accept clients from some countries, including the United States
Has high minimum deposit requirements
Has limited leverage compared to some other brokers
Tickmill Investor protectionBonusWelcome Account by TickmillBest For High Balance TradersMin deposit $100Max leverage 1:1000 for MT5, 1:500 for MT4Regulated by FCA, FSAAdd to compare list3.9 / 5Start tradingPros, cons & fees
Regulated by multiple authorities, including FCA and CySEC
Low minimum deposit requirement
Offers a wide range of trading instruments, including cryptocurrencies
No social trading platform or copy trading feature
No fixed spreads are available
Limited options for account funding and withdrawal
HotForexBonusRefer a Friend Program by HotForexBest For Biggest Offering of CFDsMin deposit $0/€0Max leverage 1:2000Regulated by CySEC, FIUAdd to compare list3.9 / 5Start tradingPros, cons & fees
Multiple regulatory bodies regulate it.
Low spreads starting from 0.1 pips.
High leverage of up to 1: 1000 for professional clients.
Does not accept clients from the USA, Canada, Sudan, Syria, and North Korea.
Hot Forex's trading fees are slightly higher than average industry rates.
HFcopy requires a minimum investment of 300 EUR, often considered steep.
xChief (ex. ForexChief) Investor protectionBonusNo-Deposit Bonus by xChiefBest For Contract TradingMin deposit $10Max leverage 1:1000Regulated by VFSC, ASIC, MISAAdd to compare list3.9 / 5Start tradingPros, cons & fees
Low minimum deposit requirement of $10 across all account types.
Beneficial trading terms such as low trade volume, starting at 0.01 lots, and tight spreads, starting from 0 pips.
Availability of multiple payment methods for deposits and withdrawals without any fees from the Broker's end.
Non-compliance with ESMA leverage capping may not be suitable for traders looking for low-risk options.
Unclear compensation levels in case of any mishap, with each case being reviewed separately.
Markets.com Investor protectionBest For Forex, Gold & CFD TradingMin deposit $100Max leverage 1:300Regulated by CySEC, AMFAdd to compare list3.9 / 5Start tradingPros, cons & fees
Thorough Regulation and License: markets.com is licensed and regulated by 5 reputable watchdogs. This further strengthens the broker's credibility as a financial service provider.
Markets.com is not your regular broker, with its blend and IPO offerings. These additional offerings put the broker in a league of its own.
Sleek Proprietary Trading Platform: Besides its MT4 and MT5 trading platforms, the broker has its own customized trading platforms, which excel in every regard as the more popular trading platforms.
Inactivity Charges: Traders must pay a fee of $10 per month after 90 days of no trading inactivity on markets.com.
No Customer Support Service on Weekends: Since trading is 24/7, it's only ideal that the customer support service is also available 24/7 so clients can resolve their complaints quickly.
TradeNation (ex. Core Spreads) Investor protectionBonusMonthly Spread Rebate by Trade NationFixed Spreads AvailableMin deposit $0Max leverage 1:200Regulated by FCA, ASIC, FSCA +2Add to compare list3.9 / 5Start tradingPros, cons & fees
Competitive, low-cost spreads
User-friendly platforms
Wide range of markets
Limited advanced trading tools
Fewer account types
Stock CFDs only, no direct stock trading