CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data. *Availability subject to regulation.
Plus500 operate in Norway under the subsidiary, Plus500CY Ltd, which is regulated by one of Europe’s most trusted regulators, the Cyprus Securities and Exchange Commission (CySEC). The organisation are licensed to provide investment services and ancillary services for a wide range of financial instruments, including derivative contracts relating to commodities, indices, interest rates, currencies, and securities, amongst others. The company are publicly listed in the AIM section of the LSE. 76.4% of retail CFD accounts lose money.
Plus500 have a dedicated Norwegian language website, which is well organised and offers an introduction to the company and the products and services on offer. A live or demo account can be set up through the website, and this allows instant access to the online trading platform. The platform is accessible and easy to navigate, allowing users to quickly find the instrument they wish to trade, and to short or buy the instrument. Advanced features include the ability to close a position once it reaches a particular value, and price alerts can be set up for instruments that a trader is keen on following.
The CFD trading platform can be set up with Norwegian Krone as the base currency, and it can be accessed online from any device with an internet connection or downloaded as an app. Clients can switch easily between the free demo account and the live account, and traders can set up challenges within the demo account where they can compete against friends and colleagues.
Some of the top CFDs for Norwegian traders include the Norway 25 index, Brent Oil, Apple, Litecoin and Olje. Deposits can be made by bank transfer, credit/debit card, or Paypal/Skrill.
72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
AvaTrade are one of the top brokers for traders from Norway for a number of reasons. They are one of the largest brokerage firms in the EU offering financial instruments such as forex and CFDs. Their services are offered in Norway under the AVA Trade EU Ltd. entity, which is regulated by the Central Bank of Ireland and compliant with the European Union’s Markets in Financial Instruments Directive (MiFID). The regulations set the conduct standards that firms are expected to adhere to, and cover the requirements for the transparency of trades, amongst other things. Their regulatory status ensures clients are offered security and fair treatment when engaging with AvaTrade.
AvaTrade’s automated trading platforms are expansive, allowing access to numerous different markets including stocks, cryptocurrencies and commodities including gold, silver, sugar and cotton. There are also multiple indices available to traders, including all of the major European indices. Traders can choose between AvaTrade’s own platforms, and the MetaTrader 4 platform, all of which are available for mobile devices. Within their selected platform, clients can open and close positions, view and analyse charts, save their own custom layout, view account information and much more. The balance and other features are updated in real time and the dealing window displays prices.
For deposits and withdrawals, AvaTrade offer their own debit card, or clients can simply use bank transfers and their own debit/credit card to deposit and withdraw funds. Norwegian customer support is also available via Live Chat, email or telephone.
IG Markets Limited are a regulated broker offering trading services under the trading name IG. They are authorised and regulated by the UK’s Financial Conduct Authority (FCA), and licensed to provide services in Norway under the EEA’s passport arrangements. With more than 40 years in the industry, they are one of the most experienced brokers and with over 152,000 active clients as at 2016, they are also amongst the most popular.
A Norwegian language website is available allowing traders from Norway to get comprehensive information about the products, services and trading platforms provided by IG. The latest news and analysis are also available from the website.
Traders have access to more than 15,000 different markets through contracts for difference (CFDs), such as indices, stocks and shares, commodities, options, bonds and much more. Just some of the top instruments traded by Norwegian clients include the Norway 25 index, Sweden 30, and Germany 30. Popular Forex pairs within Norway include EUR/NOK and EUR/USD.
The trading platform can be tried out by opening a demo account, and 100,000 virtual Norwegian Krone will be available to trade with. The base currency of a live account can also be selected as Norwegian Krone, and Norwegian language customer support and webinars are also available.
Forex.com scored best in our review of the top brokers for norway , which takes into account 120+ factors across eight categories. Here are some areas where Forex.com scored highly in:
Forex.com offers one way to tradeForex . If you wanted to trade EURUSD
The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.
Forex.com have a AAA trust score . This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 19
|Regulated by||Financial Conduct Authority|
|Uses tier 1 banks|
|Segregates client funds|
Want to see how Forex.com? We’ve compared their spreads, features, and key information below.
|USD/JPY Spread||0.90||DAX Spread||250.0|
|FTSE 100 Spread||150.0|
|Platform||MT4, Web Trader, NinjaTrader, Tablet & Mobile apps|
|Base currency options||USD, GBP, EUR|
|Funding options||Bank transfer, Cheque, DebitCard,|