Best Norway Forex Broker 2022

Top Forex Brokers in Norway

It can be challenging for individuals new to the forex market to find the most suitable forex broker. But at TradersBest, our expert team can put together the most comprehensive guides to help you decide.

In our latest best forex broker in Norway review, we provided an insight into what makes a broker a top choice in the region. These platforms should adhere to detailed criteria if they want you to consider them as your first option. So if you’re interested in forex trading, read through a review below!

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Top Brands
80/100
81/100

Compare the best Norway forex brokers

Rating
89/100
Minimum Deposit
$10,000.00
Deposit Protection
$500,000.00
Maximum Leverage
1:30
Trading Platforms
Android
iOS
Web
Rating
80/100
Minimum Deposit
$0.00
Deposit Protection
$250,000.00
Maximum Leverage
1:30
Trading Platforms
Android
iOS
Custom
Rating
81/100
Minimum Deposit
$100.00
Deposit Protection
£50,000.00
Maximum Leverage
1:30
Trading Platforms
Android
iOS
MT4
MT5
Web

Who should make use of this forex comparison? Forex enthusiasts in Norway 

Our forex broker comparison will benefit a range of forex enthusiasts in Norway. So we highlighted a few individuals who may take advantage of our guide the most before deciding if they should start forex trading in the region and which platform will be the most suitable option.

Online traders looking to diversify their portfolio

Individuals looking to trade forex in Norway as a change from other financial markets accessible online can use our review to discover what makes a forex broker the best choice compared to other popular options in Norway. Forex trading is the largest financial market worldwide as many customers looking to trade will have an impressive selection of currency pairs to choose from. So what better way to diversify where they spend their funds than with the most valuable market.

Individuals unfamiliar with forex

If you want to be a forex trading Norway customer, this review will put into perspective what you should consider before agreeing to register an account. Many well-known forex brokers are accessible internationally, but if you’re new to the trading world, you may not know what specific features to look out for before choosing. And that’s where TradersBest comes in! Our expert knowledge can advise you on the most reliable platforms that should help your trading skills develop over time.

Experienced forex enthusiasts

Finally, our best forex broker in Norway review will be perfect for customers familiar with forex. You may already know how the forex market works, monitoring the popular trends and patterns as you keep an eye on popular currency pairs. So why not take your enthusiasm for forex a step further and use a reputable forex broker to start investing in something you’re interested in? We’ll detail what criteria to look out for to ensure your trading experience will enhance your performance the more you use a platform.

For potential customers looking to use the best forex platform in Norway, you’ll be glad to know it’s completely legal. It is one of the most popular financial markets in the country. And as it continues to grow and develop, more platforms are on the rise, and so are the number of customers looking to start their forex trading experience. When choosing a broker, customers should note that although it’s recommended they have authorisation from the financial regulatory body of Norway, the FSA or Finanstilsynet (Financial Supervisory Authority of Norway), they don’t need it. The Norwegian government allows platforms from global destinations to accept customers from Norway.

Our review discovered that international platforms follow their own regulations but are still accepted in Norway for customers to take advantage of. The best forex broker in Norway will have strict rules to follow so individuals can feel safe knowing their details and funds are secure, even on a platform that isn’t local.

Top 5 steps for a secure & fair forex trading experience – enhance your performance today 

If you’re reading our best forex broker in Norway review, you may be wondering if the platform you select is the most reliable option for your trading needs. You might also want to consider our top five steps to ensure the broker you use is trustworthy. We highlighted important features that top choice brokers should have for their customers, whether they are new to forex trading or more experienced.

Reading current and previous customer reviews

One of the best ways to ensure you, as a forex trading Norway customer, have a reliable experience is to look at customer reviews. Several well-known broker member review platforms will highlight opinions from current and previous customers who used the platform you’re considering. This doesn’t have to be the only way you decide if you still want to register an account with that broker, but it can give you an insight into whether they’re as good as they claim to be or fall short when it comes to your trading experience as a whole.

Comparing competitive rates and spreads

In addition to looking through customer reviews, you can discover if the platform’s rates are as competitive as they claim. At TradersBest, we found the best online trading platform is one that has realistic offers for new and experienced customers. Some forex brokers claim to have the lowest spreads between the bid and ask price in these popular currency pairs. We suggest you look at other platforms to see how they compare and if the broker you’ve selected to register an account with is as good as its offer or if it’s too good to be true in the long run.

Double-checking the small print

One of the most important steps to take before forex trading is to read through the terms and conditions of the site. This is to ensure you’re meeting the requirements for new customers, regardless of whether they’re new to trading altogether or just new to that specific broker. Some exchanges will ask you to deposit a more significant minimum amount to others. If you know you’re looking to start with a smaller budget, it’s worth comparing other popular platforms on the market to find the most suitable one for you. Other T&Cs could include the age you need to use the platform and if more than one person in your household can open up an account or not on the same broker.

Ensuring there are advanced security features

The best online forex broker in Norway must have excellent security measures to keep customers on their sites. This includes advanced SSL encryption to safeguard any members’ personal data from outside sources. There should also be updated certificates on the website. So customers don’t have to worry about their connection being tampered with. 

Checking the site is legal

Lastly, customers should make sure the platform they choose is legal to use in the country. There are incidents where customers find an operator that claims to cater to their trading needs, especially if they’re more advanced users and want a site that can accommodate larger funds. But if the customer didn’t research the platform’s history and authorisation, they risked losing more than they bargained for, which we don’t want. Norwegian financial markets are relatively strict, so you’ll be able to find more legitimate platforms than non-legitimate ones.

This is how our experts test forex brokers – The best criteria for forex trading Norway customers 

At TradersBest, our highly-skilled team put together these criteria to help potential customers know what to look for when choosing the best forex broker in Norway in the market.

Customer service team

We think this is one of the most important features for customers of various skill levels. You can take advantage of a responsive team available on different platforms to enhance your performance, including live chats, email and phone calls.

Account type options

If you’re new to forex trading, you might want to start with a basic account type and a small budget. But having the option to grow with the broker, you might be able to work your way up to a more advanced account type with more significant budgets and features.

Platform design

Regardless of your trading skill level, customers should be able to use a simple to navigate forex broker platform, making your experience more streamlined.

Ways to pay

Several more common deposit and withdrawal methods process transactions more efficiently, including card payments, eWallets and bank transfers. If the platform doesn’t have these options, you might want to reconsider.

Trading on the move

Many customers prefer to monitor the forex market on their mobile devices, improving the comfortability of forex trading in the long run.

Our top forex brokers in Norway

89/100
Rating
Credit Card
SEC - U.S. Securities and Exchange Commission
Interactive Brokers Forex
Highlights
  • Award-winning broker
  • Over 100 currency pairs for forex trading
  • Educational resources to help advance your knowledge
80/100
Rating
FINRA - U.S. Financial Industry Regulatory Authority
Robinhood Forex
Highlights
  • Great web trading paltform
  • No withdrawal fee
  • $0 minimum deposit
81/100
Rating
Credit Card
CIMA - Cayman Islands Monetary Authority
FOREX.com Forex
Highlights
  • User-friendly web trading platform
  • Low forex fees
  • $100 minimum deposit

Checklist: This is how you find YOUR perfect forex broker! Suited to your trading requirements

We want our readers to help determine what kind of forex trader they are or want to be by including a few key questions to consider. This is an important way to help select the best forex broker in Norway for your trading technique and ensure it aligns with what you’re looking for in an online platform.

Do you want to trade on your phone?

If you’re someone who wants the accessibility to trade on the go, then finding a broker with different platform options is essential. In our forex broker list Norway customers can determine which sites have downloadable mobile apps on Android and Apple devices. And which operators only have mobile-optimised platforms.

Do you want to trade more than forex?

You could be interested in trying out more ways to expand your online trading options. We suggest looking for the best forex broker that also allows you to monitor other financial markets on the same platform. Some operators may use external exchanges, allowing customers to look at a wide range of financial markets without worrying about loading times or real-time price changes.

Are you looking at short or long-term investing?

If you’re considering a long-term forex investment, we suggest finding a platform that has minimal overnight fees. Some exchanges don’t want you to hold onto your position for long, so they are better suited for short-term traders, so it’s down to you to compare the platforms suited to your trading technique.

What else can you trade online in Norway?

In addition to online forex trading in Norway, customers have the opportunity to diversify how they spend their funds on a wide selection of financial markets. Forex trading Norway customers can benefit from using a platform that provides access to more than the forex market, which includes:

  • Stocks and shares
  • ETFs
  • Commodities
  • Cryptocurrencies
  • Bonds
  • Indices

Conclusion – Improving the experience for forex trading Norway customers 

Overall, we found our forex broker review Norway edition to be an excellent resource for potential forex traders in the region. This is one of the most popular financial markets to start trading or continue your online trading journey, whether you’re a new or advanced user. We found that the best forex broker in Norway would have a simple to navigate design to not distract customers from their main goal, which was to be more comfortable with using and understanding the forex market.

We recommend that customers try forex trading in Norway. There are plenty of reliable platforms and strict guidelines to ensure customers have a secure experience in the long run.

Interactive Brokers
89/100
Interactive Brokers Review
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Best forex broker in Norway FAQ

✍What financial markets can I trade in Norway?

At TradersBest, we looked at some of the most popular financial markets in the country. We wanted to discover the latest CFD broker list and find out what it takes to be the best forex broker in Norway against the competition. Many financial markets are accessible to residents, so check our website for the full scoop.

🌏Is forex trading a popular choice internationally?

One of the most volatile financial markets for customers to trade with is cryptocurrencies. They have seen a rise in customers looking to invest their funds into the different digital coins. At TradersBest, we looked at alternative markets like forex to see how popular that was in our best forex broker in Brazil review. We also highlighted the best forex broker in Norway to compare its popularity against other markets. Discover our results on our website today.

❓Which trading platform should I use for forex in Norway?

The trading platform you choose comes down to what you’re looking to gain from your trading experience. The best forex platform worldwide might not suit you if you have a smaller budget, whereas forex trading Norway customers might prefer brokers with multiple account options. Check out our website to discover what works for you.

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