Nordnet
Nordic bank and broker with stock, fund and pension accounts in Sweden, Denmark and beyond, priced by courtage class
Quick Overview
| Company | Nordnet Bank AB |
|---|---|
| Category | Stock Trading Apps and Online Brokers |
| Headquarters | Stockholm, Sweden |
| Founded | Not stated |
| EU Presence | Yes - Sweden (EU) |
| Data Location | Not stated on the pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Shares, funds, ETFs, bonds, crypto, ISK and pension accounts, Nordnet Social, Active Trading, trackers and turbos |
| Pricing | Mini class 0.25% courtage (min SEK 1) on Nordic orders up to SEK 15,600; new customers trade Nordic exchanges free until 30 June 2027 |
| Best For | Nordic residents who want one bank for shares, funds and pensions |
| Replaces | Robinhood, Webull |
Detailed Review
Nordnet offers shares, funds, ETFs, bonds, structured products and crypto on one platform, and sells savings accounts such as an investment savings account (ISK), endowment insurance and pensions. Local sites exist for Sweden and Denmark.
The legal provider on the Swedish site is Nordnet Bank AB, Box 30099, 104 25 Stockholm.
Courtage Classes
The price list offers four classes, Mini, Liten, Mellan and Fast. Mini is for orders up to SEK 15,600 and costs 0.25% on Nordic exchanges with a minimum of SEK 1.
A jubilee offer lets new customers trade without commission on Nordic exchanges until 30 June 2027, after which they move into the Mini class.
Beyond Shares
Nordnet Social lets members follow other users, Nordnet Markets sells Bull and Bear trackers, mini futures and turbos, and Active Trading targets frequent traders. Mortgages and portfolio loans are listed under lending.
Language
The pages checked are in Swedish and Danish, and the service is organised around Nordic account types and taxes.
Limitations to Consider
Account types such as ISK and Swedish pension products are tied to Nordic tax rules, so the service is for Nordic residents. The checked price list and site were available in Swedish and Danish only. Fees are class-based, so the cheapest class depends on order size. It is a full bank, which makes the product list longer than a pure trading app such as Lightyear.
Who Should Use Nordnet
Swedish and Danish residents who want shares, funds and pensions with one Nordic bank.
Pros and Cons
Pros
- Full bank licence in Sweden
- Four courtage classes for different order sizes
- ISK, pension and savings accounts
- Nordic-exchange commission-free offer until June 2027
- Social and trading features
Cons
- Pages and pricing in local languages
- Nordic tax products only fit Nordic residents
- Fee depends on class and order size
- Offer expires 30 June 2027
Alternatives to Nordnet
Other European stock trading apps and online brokers worth comparing before you decide:
Lightyear
Estonia · Investing platform with zero ETF execution fees
Scalable Capital
Germany · Broker and bank with savings plans from EUR 1
Freetrade
United Kingdom · Commission-free UK investing app with ISA and SIPP
DEGIRO
Netherlands · Online broker with Core Selection ETFs and low per-trade fees
See all European stock trading apps and online brokers or compare them directly against Robinhood on our alternatives page.
Frequently Asked Questions
Mini, Liten, Mellan and Fast. Mini suits orders up to SEK 15,600 and costs 0.25% on Nordic exchanges with a minimum of SEK 1.
New customers trade on Nordic exchanges without commission until 30 June 2027, per the Swedish price list, and then move into the Mini class.
Nordnet Bank AB, Box 30099, 104 25 Stockholm.