Broker comparison

Nordea vs.
Nordnet

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Nordea, headquartered in Helsinki, is Northern Europe's largest bank (rated 3.7/5); Nordnet is a specialised Stockholm online broker (4.2/5). On costs Nordnet is clearly ahead: stocks from 0 SEK on Nordnet Markets or from 39 SEK, whereas Nordea charges from 0.06% (minimum €7) on Nordic exchanges and from €15 internationally. Nordnet also offers Nordic options and deeper research tools; Nordea offers no options but an integrated full bank and a very broad fund selection. Choose Nordea to bundle banking and investing; pick Nordnet for lower courtage and trader tools. Both support the ISK account.

Northern Europe's largest bank with integrated securities trading

Leading Scandinavian online broker for stocks, funds and savings plans

At a glance

The key differences

Criterion
PlatformsNordea Investor Web, Nordea AppNordnet Web, Nordnet App
Product typesStocks, ETFs, Bonds, Funds, WarrantsStocks, ETFs, Funds, Bonds, Options, Warrants
Options tradingNoYes, Nordic options
Fee modelStocks from 0.06% (min. €7) Nordic exchanges, international from €15Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade
Minimum deposit0 €0 SEK
RegulationFI (Finland)FI (Sweden)
More informationDetailsDetails

Platforms

Nordea

Nordea Investor Web, Nordea App

Nordnet

Nordnet Web, Nordnet App

Product types

Nordea

Stocks, ETFs, Bonds, Funds, Warrants

Nordnet

Stocks, ETFs, Funds, Bonds, Options, Warrants

Options trading

Nordea

No

Nordnet

Yes, Nordic options

Fee model

Nordea

Stocks from 0.06% (min. €7) Nordic exchanges, international from €15

Nordnet

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

Minimum deposit

Nordea

0 €

Nordnet

0 SEK

Regulation

Nordea

FI (Finland)

Nordnet

FI (Sweden)

More information

Nordea

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 0.06% (min. €7) Nordic exchanges, international from €15

Published fee
Stocks from 0.06% (min. €7) Nordic exchanges, international from €15
Minimum deposit
0 €
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

StocksETFsBondsFundsWarrants
StocksETFsFundsBondsOptionsWarrants

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

Trading platforms

Nordea Investor Web · Nordea App

Nordea offers the Nordea Investor Web platform and the Nordea App. The Investor platform provides real-time quotes, charts, order placement, and portfolio overview for Nordic and international markets. The Nordea App combines banking and trading in a mobile application with account management and securities trading.

Explore platform

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

FI (Finland)

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?

Northern Europe's largest bank with integrated securities trading

  • Largest bank in Northern Europe with highest security
  • Strong presence in all Nordic countries
  • Comprehensive fund selection
  • Order fees significantly higher than online brokers
  • Trading platform not designed for active traders

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

Nordea 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.
Open The Dealing Room

In-depth analysis

Courtage and fees: Nordnet is the cheaper provider — stocks from 0 SEK on Nordnet Markets, otherwise from 39 SEK per trade. Nordea charges from 0.06% of order value (minimum €7) on Nordic exchanges and from €15 for international markets. On foreign-currency purchases, as with all Nordic providers, a currency-exchange fee (valutaväxlingsavgift) applies. Minimum deposit is 0 at both.

Offering: Nordnet trades stocks, ETFs, funds, bonds, Nordic options and warrants and offers free savings plans via Månadsspar; Nordea covers stocks, ETFs, bonds, funds and warrants but no options. Nordea's strength is the integrated full bank with a very broad fund selection and research, while its trading platform, per the data, is not designed for active traders.

Account type and tax — ISK, AF or KF: For Swedish investors the account type drives taxation. The ISK (Investeringssparkonto) is taxed on a flat notional (schablon) basis without declaring individual sales — good for long-term investors and frequent traders. The AF (aktie- & fondkonto) taxes each realized gain and dividend as capital income but allows loss offsetting. The KF (kapitalförsäkring) is a flat-taxed insurance wrapper that can help with foreign dividends and estate planning. Common question — is switching from the bank to the broker worth it? For cost-conscious investors who trade regularly, Nordnet materially cuts courtage; those who value a house-bank solution with advice stay with Nordea.

Your questions

Frequently asked questions

How do fees differ between Nordea and Nordnet?
Nordea: Stocks from 0.06% (min. €7) Nordic exchanges, international from €15. 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: Nordea or Nordnet?
Nordea offers Stocks, ETFs, Bonds, Funds, Warrants. Nordnet offers Stocks, ETFs, Funds, Bonds, Options, Warrants.
How are Nordea and Nordnet regulated?
The broker profiles list FI (Finland) for Nordea and FI (Sweden) for Nordnet. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Nordea or Nordnet better for beginners?
Nordea lists a 0 € minimum deposit and offers Nordea Investor Web, Nordea App. Nordnet lists 0 SEK and offers Nordnet Web, Nordnet App. Compare usability, available products and costs for your intended use.
Nordea vs Nordnet: Which broker is better overall?
The choice between Nordea (3.7/5, 1100 reviews) and Nordnet (4.2/5, 1400 reviews) depends on your needs. Nordea: Northern Europe's largest bank with integrated securities trading. Nordnet: Leading Scandinavian online broker for stocks, funds and savings plans.

Your next step

Your next step