Financial Supervisory Authority (FI)
The Financial Supervisory Authority of Sweden (Finansinspektionen - FI) is the national regulator overseeing banking, insurance, and investment firms including forex brokers. As a member of the European Union, FI enforces the European Securities and Markets Authority (ESMA) framework, ensuring high standards of investor protection and financial stability in Sweden's financial markets.
The Swedish Financial Supervisory Authority (FI) ensures that forex brokers meet high standards of transparency, capital adequacy, and investor protection. Choosing an FI-regulated broker means trading under one of the most robust regulatory environments in Europe.
- 30:1 for major currency pairs
- 20:1 for non-major currency pairs, gold, and major indices
- 10:1 for commodities (excluding gold) and minor indices
- 5:1 for individual equities
- 2:1 for cryptocurrencies
- Licensing and supervision of forex brokers and investment firms
- Enforcing ESMA's guidelines on leverage, client protection, and marketing
- Publishing warnings against unauthorized financial entities
- Ensuring compliance with MiFID II, AML laws, and financial conduct standards
- Visit the **FI Company Register
- Use the search tool to look up broker name or license number
- Confirm the firm’s authorization and scope of services
- Minimum Capital Requirements: €730,000 (MiFID II standard)
- Negative Balance Protection: Must be provided to retail clients
- Segregation of Client Funds: Client money must be held in separate accounts
- No Bonuses or Incentives: Promotions are banned for retail clients
- ESMA Risk Warnings: Standardized disclosures must be shown
- Strict Reporting Obligations: Regular financial and operational disclosures to FI
Advantages
- Strong regulatory enforcement backed by Swedish and EU law
- ESMA-compliant investor protections
- Transparent broker database
- Proactive publication of warnings on unregulated firms
Limitations
- Strict restrictions on leverage and bonuses
- Regulatory communication mostly in Swedish
- Limited number of locally licensed brokers
Country
Sweden
Established
1991
Contact
+46 8 408 980 00
Complaint bodies
Financial Supervisory Authority (FI) ARN (Allmänna reklamationsnämnden) – Swedish National Board for Consumer Disputes
Hotline
+46 8 408 980 00
Complaint email
Last updated on: March 26, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.