Broker comparison

Nordnet vs.
OpenBank

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Nordnet has a higher rating of 4.2/5 compared to OpenBank (3.7/5). Nordnet offers 6 instrument types, while OpenBank offers 4. Nordnet offers options trading, while the other does not. OpenBank has been in the market since 1995, making it the more experienced provider.

Leading Scandinavian online broker for stocks, funds and savings plans

Digital bank of the Santander Group with investment features

At a glance

The key differences

Criterion
PlatformsNordnet Web, Nordnet AppOpenBank Web, OpenBank App
Product typesStocks, ETFs, Funds, Bonds, Options, WarrantsStocks, ETFs, Funds, Robo-Advisory
Options tradingYes, Nordic optionsNo
Fee modelStocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per tradeFunds with no buy/sell fees, roboadvisor from 0.49% p.a.
Minimum deposit0 SEK0 €
RegulationFI (Sweden)BdE/CNMV
More informationDetailsDetails

Platforms

Nordnet

Nordnet Web, Nordnet App

OpenBank

OpenBank Web, OpenBank App

Product types

Nordnet

Stocks, ETFs, Funds, Bonds, Options, Warrants

OpenBank

Stocks, ETFs, Funds, Robo-Advisory

Options trading

Nordnet

Yes, Nordic options

OpenBank

No

Fee model

Nordnet

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

OpenBank

Funds with no buy/sell fees, roboadvisor from 0.49% p.a.

Minimum deposit

Nordnet

0 SEK

OpenBank

0 €

Regulation

Nordnet

FI (Sweden)

OpenBank

BdE/CNMV

More information

Nordnet

Details

OpenBank

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 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

Funds with no buy/sell fees, roboadvisor from 0.49% p.a.

Published fee
Funds with no buy/sell fees, roboadvisor from 0.49% p.a.
Minimum deposit
0 €
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

StocksETFsFundsBondsOptionsWarrants
StocksETFsFundsRobo-Advisory

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

Trading platforms

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

OpenBank Web · OpenBank App

OpenBank offers the OpenBank Web platform and the OpenBank App. The platform combines banking and investment features in a modern, user-friendly interface. The robo-advisor enables automated investing based on individual risk profiles. The app provides the full range of features on mobile.

Explore platform

Regulation & security

FI (Sweden)

Regulatory information

BdE/CNMV

Regulatory information

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

Your investor profile

Who might it suit?

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

Digital bank of the Santander Group with investment features

  • Part of the Santander Group – high security
  • No buy/sell fees on funds
  • Roboadvisor feature for passive investors
  • Limited stock selection
  • Primarily focused on Spanish customers

Find the broker that fits

Nordnet oder OpenBank?

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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Your questions

Frequently asked questions

How do fees differ between Nordnet and OpenBank?
Nordnet: Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade. OpenBank: Funds with no buy/sell fees, roboadvisor from 0.49% p.a.. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Nordnet or OpenBank?
Nordnet offers Stocks, ETFs, Funds, Bonds, Options, Warrants. OpenBank offers Stocks, ETFs, Funds, Robo-Advisory.
How are Nordnet and OpenBank regulated?
The broker profiles list FI (Sweden) for Nordnet and BdE/CNMV for OpenBank. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Nordnet or OpenBank better for beginners?
Nordnet lists a 0 SEK minimum deposit and offers Nordnet Web, Nordnet App. OpenBank lists 0 € and offers OpenBank Web, OpenBank App. Compare usability, available products and costs for your intended use.
Nordnet vs OpenBank: Which broker is better overall?
The choice between Nordnet (4.2/5, 1400 reviews) and OpenBank (3.7/5, 750 reviews) depends on your needs. Nordnet: Leading Scandinavian online broker for stocks, funds and savings plans. OpenBank: Digital bank of the Santander Group with investment features.

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