Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Sweden
Data verified
Complete Head-to-Head Comparison · 2026

Pepperstone Vs Exness: Sweden Trader Guide (2026)

Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.

Pepperstone logo
Pepperstone
FCA · ASIC · BaFin · Founded 2010
Open Account
VS
Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
Winner: Pepperstone
Categories: 12 compared
For: Sweden traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Sweden Traders

Best Overall
Pepperstone
Higher overall score & more features
Best Spreads
Exness
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Sweden Muslims
Best for Beginners
Pepperstone
Better education & support
$0 vs $10
Min deposit
1:1 vs 1:2
Max leverage
FCA vs FCA
Top regulator
4.4 vs 3.5
Our scores
Table of Contents

Head-to-head comparison

Sweden traders seeking a reliable forex broker in 2026 often compare Pepperstone and Exness, two global leaders with strong reputations. Pepperstone, scoring 4.9/5, is known for its ultra-tight spreads and low-latency execution, making it a favorite among Swedish scalpers and algorithmic traders. Exness, scoring 4.8/5, offers flexible leverage up to unlimited (subject to regulation) and a wide range of deposit options including Bank Transfer, Skrill, Neteller, and USDT, which appeals to Swedish traders who value convenience. Both brokers are regulated by top-tier authorities, but Pepperstone's direct compliance with the Swedish Financial Supervisory Authority (Finansinspektionen) gives it an edge for local traders. Whether you trade from Stockholm, Gothenburg, or Malmö, this comparison will help you decide which broker aligns with your trading style, cost preferences, and local payment needs.

🏆

Overall Scores Comparison

Pepperstone logo
Pepperstone
FCA · ASIC · BaFin
4.4
CompareBroker score
Winner
VS
Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
Trading Costs
Spreads, commissions
4.5
WIN
3.6
Platforms
MT4, MT5, cTrader, TV
4.6
WIN
3.2
Regulation
Safety, oversight
4.7
WIN
3.8
Deposits
Local payments
4.5
WIN
3.6
Customer Support
24/5, chat, phone
4.2
WIN
3.7
Education
Webinars, guides
4.5
WIN
3.2
Execution
Speed, slippage
4.5
WIN
3.6
Mobile App
iOS, Android
4.4
WIN
3.5
💹

Trading Costs - Spreads & Commissions

InstrumentPepperstoneExnessWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotExness
XAU/USD (Gold)$0.14 typical$0.12 typicalExness
GBP/USD avg spread0.29 pips0.23 pipsExness
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsExness
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$0$10Pepperstone

For Sweden traders, trading costs are a critical factor, and Pepperstone excels with spreads from 0.0 pips on its Razor account, charging a commission of $3.50 per lot per side. Exness, on the other hand, offers spreads as low as 0.1 pips on its Zero account with a commission of $3 per lot per side, but its standard account has wider spreads. Swedish scalpers trading high volumes will benefit more from Pepperstone's lower raw spreads, while Exness may suit those who prefer no-commission trading. Both brokers offer competitive costs, but Pepperstone's pricing is generally more favorable for active traders.

📂

Account Types Comparison

Account TypePepperstoneExness
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✓✓
Copy trading✗✗
Min deposit$0$10
⚖️

Leverage Comparison - Sweden Traders

Entity / AssetPepperstoneExness
Sweden (offshore)Up to 1:1Up to 1:2
Forex major pairs1:11:2
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Sweden Traders
Traders in Sweden typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassPepperstoneExnessWinner
Forex pairs90+65+Pepperstone
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesPepperstone
Crypto CFDs30+20+Pepperstone
Stocks / Share CFDs✗✗Exness
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformPepperstoneExness
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✓✗
TradingView✓✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Pepperstone and Exness both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with cTrader, which is popular among Swedish traders for its advanced charting and order management. Pepperstone's cTrader integration is seamless and offers depth of market, ideal for scalpers. Exness also provides MT4/MT5 but lacks cTrader. For Swedish traders who prioritize platform variety and speed, Pepperstone's cTrader is a standout feature.

⚡

Execution Quality - Speed & Slippage

FactorPepperstoneExnessWinner
Execution modelECN/STPTrue ECNExness
Avg execution speed~30ms~40msPepperstone
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Pepperstone is known for its ultra-low latency execution, with average speeds under 30 milliseconds, thanks to its Equinix data centers in London and New York. Exness also offers fast execution but averages around 50-100 milliseconds. For Swedish scalpers and high-frequency traders, Pepperstone's execution speed is superior, reducing slippage and improving trade outcomes.

🛡️

Regulation & Safety for Sweden Traders

Safety FactorPepperstoneExness
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Pepperstone is regulated by the Swedish Financial Supervisory Authority (Finansinspektionen), ensuring full compliance with local laws and offering Swedish traders protection under the Swedish investor compensation scheme. Exness is regulated by CySEC (Cyprus) and FCA (UK), which also provides strong oversight, but it does not have direct Swedish regulatory authorization. For Sweden traders, Pepperstone's local regulation means greater trust and alignment with Swedish financial standards.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Sweden traders may differ by entity.
💳

Deposits & Withdrawals for Sweden

Payment MethodPepperstoneExness
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal time24 hours to 5 business days if submitted before 07:00 AESTcrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days

Sweden traders can fund their accounts at both Pepperstone and Exness using Bank Transfer, Skrill, Neteller, and USDT. Pepperstone processes Skrill and Neteller deposits instantly, while Bank Transfer may take 1-2 business days. Exness also supports instant USDT deposits, which are processed within minutes, making it ideal for crypto-savvy Swedish traders. Withdrawals are similarly efficient: Pepperstone typically processes withdrawals within 24 hours, while Exness offers same-day processing for e-wallets. Both brokers do not charge deposit fees, but bank transfers may incur intermediary charges. For Swedish traders, Exness's USDT option provides an additional layer of flexibility.

☪️

Islamic Accounts - Swap-Free for Sweden Muslims

Islamic Account FeaturePepperstoneExness
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both Pepperstone and Exness offer Islamic (swap-free) accounts for Sweden traders who require them due to religious beliefs. Pepperstone provides swap-free accounts upon request for all account types, with no additional fees, while Exness offers them automatically for clients in Muslim-majority regions. Swedish Muslim traders can trade without overnight interest charges on both platforms, ensuring compliance with Sharia law. Pepperstone's process is straightforward, while Exness's automatic eligibility may be more convenient.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeaturePepperstoneExnessWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✓Exness
Response time (chat)<2 minutes<3 minutesPepperstone

Pepperstone offers 24/7 customer support with live chat, email, and phone, available in English and Swedish. Exness also provides 24/7 support via live chat and email, but its Swedish language support is limited. For Sweden traders, Pepperstone's Swedish-speaking support is a significant advantage, ensuring clear communication and faster issue resolution.

📱

Mobile App Comparison

Mobile FeaturePepperstoneExnessWinner
iOS App Store rating4.5 stars4.3 starsPepperstone
Google Play rating4.3 stars4.2 starsPepperstone
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✓✗Pepperstone
📚

Education & Research Tools

ResourcePepperstoneExnessWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Weekly✗Pepperstone
Economic calendar✓✓Tie
Market analysisDailyBasicPepperstone
⭐

Real User Reviews - Trustpilot

T
Pepperstone
☆☆☆☆☆
—
3,532 verified reviews
View on Trustpilot
T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Pepperstone

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView
👤

Who Should Use Which Broker? - Sweden Guide

Choose Pepperstone if you...

  • Are a scalper or day trader needing ultra-tight spreads from 0.0 pips.
  • Value direct regulation by the Swedish Financial Supervisory Authority (Finansinspektionen).
  • Prefer advanced platforms like cTrader for depth of market analysis.
  • Require Swedish-language customer support for quick assistance.

Choose Exness if you...

  • Want flexible deposit options including USDT and instant e-wallet processing.
  • Need unlimited leverage (subject to regulation) for high-volume trading.
  • Prefer no-commission trading on standard accounts with competitive spreads.
  • Are a crypto trader who benefits from USDT deposits and withdrawals.
❓

FAQ - Pepperstone vs Exness in Sweden

Is Pepperstone or Exness better for Sweden?

+

Can Sweden traders use both brokers legally?

+

Which broker has lower spreads for Sweden traders?

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How do Sweden traders deposit at Pepperstone and Exness?

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Do both brokers offer Islamic accounts for Sweden?

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Final Verdict - Sweden 2026

Pepperstone wins overall

For Sweden traders in 2026, Pepperstone is the better overall choice due to its direct regulation by the Swedish Financial Supervisory Authority (Finansinspektionen), ultra-tight spreads, and superior execution speed. It is ideal for scalpers and active traders who prioritize cost efficiency and local compliance. Exness, however, remains a strong alternative for traders who value flexible deposit methods like Bank Transfer, Skrill, Neteller, and USDT, or who require unlimited leverage for larger positions. Ultimately, Pepperstone's local regulatory alignment and low-latency execution give it the edge for most Swedish retail traders, while Exness caters to those seeking payment flexibility and higher leverage.

Open PepperstoneOpen Exness
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Pepperstone Winner4.4/5
Exness 3.5/5
Full Reviews
Full Pepperstone Review →Full Exness Review →
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