Broker comparison

DNB Markets vs.
Nordnet

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

DNB, founded in 1822 and based in Oslo, is Norway's largest bank (rated 3.8/5) and trades stocks on Oslo Børs from 0.05% (minimum 59 NOK), internationally from 99 NOK — backed by the strong DNB Markets research department. Nordnet (4.2/5, Stockholm) is the specialised Nordic broker with markedly cheaper courtage (from 0 SEK on Nordnet Markets, otherwise from 39 SEK), Nordic options and broader market access. To invest with your Norwegian house bank and bundle banking with brokerage, choose DNB; for low kurtasje, more markets and trader tools, Nordnet is better.

Norway's largest bank with online stock trading and fund offering

Leading Scandinavian online broker for stocks, funds and savings plans

At a glance

The key differences

Criterion
PlatformsDNB Web, DNB AppNordnet Web, Nordnet App
Product typesStocks, ETFs, Bonds, FundsStocks, ETFs, Funds, Bonds, Options, Warrants
Options tradingNoYes, Nordic options
Fee modelStocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOKStocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade
Minimum deposit0 NOK0 SEK
RegulationFinanstilsynetFI (Sweden)
More informationDetailsDetails

Platforms

DNB Markets

DNB Web, DNB App

Nordnet

Nordnet Web, Nordnet App

Product types

DNB Markets

Stocks, ETFs, Bonds, Funds

Nordnet

Stocks, ETFs, Funds, Bonds, Options, Warrants

Options trading

DNB Markets

No

Nordnet

Yes, Nordic options

Fee model

DNB Markets

Stocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOK

Nordnet

Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade

Minimum deposit

DNB Markets

0 NOK

Nordnet

0 SEK

Regulation

DNB Markets

Finanstilsynet

Nordnet

FI (Sweden)

More information

DNB Markets

Details

Nordnet

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Stocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOK

Published fee
Stocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOK
Minimum deposit
0 NOK
See terms at provider

Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade

Published fee
Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade
Minimum deposit
0 SEK
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsBondsFunds
StocksETFsFundsBondsOptionsWarrants

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

DNB Web · DNB App

DNB offers the DNB Web platform and the DNB App. The web platform provides real-time quotes, charts, order placement, portfolio overview, and access to DNB Markets research. The DNB App combines banking and trading in a mobile application with all banking functions and securities trading.

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Nordnet Web · Nordnet App

Nordnet offers trading through Nordnet Web and the Nordnet App. The web platform provides comprehensive research and analysis features, real-time quotes, charting tools, and detailed market data for Nordic and international exchanges. The mobile app is modern in design and enables quick trading on the go with push notifications and portfolio overview. Both platforms support the Månadsspar savings plan service and are available in four Nordic languages.

Explore platform

Regulation & security

Finanstilsynet

Regulatory information

FI (Sweden)

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Norway's largest bank with online stock trading and fund offering

  • Norway's largest and most secure bank
  • Good selection of Norwegian stocks and funds
  • Strong research department (DNB Markets)
  • High order fees compared to discount brokers
  • Only available for Norwegian customers

Leading Scandinavian online broker for stocks, funds and savings plans

  • Leading broker in the Nordic countries
  • Free savings plans (Månadsspar)
  • Access to Nordic and international markets
  • Primarily focused on Scandinavian customers
  • Fees for international stocks higher

Find the broker that fits

DNB Markets oder Nordnet?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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In-depth analysis

Kurtasje and fees: Nordnet is the cheaper provider — stocks from 0 SEK on Nordnet Markets, otherwise from 39 SEK per trade. DNB charges from 0.05% of order value (minimum 59 NOK) on Oslo Børs and from 99 NOK internationally; the Norwegian word for commission is kurtasje. Foreign-currency purchases also incur a currency-exchange fee (valutaväxlingsavgift). Minimum deposit is 0 at both.

Accounts and tax: For Norwegian investors the ASK (aksjesparekonto) is central — this share-savings account lets gains from shares and equity funds be reinvested without tax falling due immediately; it is taxed only on withdrawal, which favors long-term saving. Swedish Nordnet customers know the analogues as the ISK (Investeringssparkonto, flat schablon taxation), the AF (aktie- & fondkonto, ongoing taxation of realized gains with loss offsetting) and the KF (kapitalförsäkring, a flat-taxed insurance wrapper); Denmark has the aktiesparekonto as a tax-favored share savings account. Which account fits depends on country of residence and time horizon.

Offering and profile: DNB covers stocks, ETFs, bonds and funds but offers no options; its strength is security, DNB Markets research and seamless banking integration. Nordnet additionally trades Nordic options and warrants and offers free savings plans via Månadsspar. Common question — is switching from DNB to Nordnet worth it? For active or cost-conscious investors, Nordnet noticeably lowers kurtasje and opens more markets; those who prefer the Norwegian house bank with personal banking stay with DNB.

Your questions

Frequently asked questions

How do fees differ between DNB Markets and Nordnet?
DNB Markets: Stocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOK. Nordnet: Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: DNB Markets or Nordnet?
DNB Markets offers Stocks, ETFs, Bonds, Funds. Nordnet offers Stocks, ETFs, Funds, Bonds, Options, Warrants.
How are DNB Markets and Nordnet regulated?
The broker profiles list Finanstilsynet for DNB Markets and FI (Sweden) for Nordnet. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is DNB Markets or Nordnet better for beginners?
DNB Markets lists a 0 NOK minimum deposit and offers DNB Web, DNB App. Nordnet lists 0 SEK and offers Nordnet Web, Nordnet App. Compare usability, available products and costs for your intended use.
DNB Markets vs Nordnet: Which broker is better overall?
The choice between DNB Markets (3.8/5, 900 reviews) and Nordnet (4.2/5, 1400 reviews) depends on your needs. DNB Markets: Norway's largest bank with online stock trading and fund offering. Nordnet: Leading Scandinavian online broker for stocks, funds and savings plans.

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