Avanza0 SEK commission on Swedish stocks, international from $1 per trade
- Published fee
- 0 SEK commission on Swedish stocks, international from $1 per trade
- Minimum deposit
- 0 SEK
Broker comparison
Avanza vs.
Nordea
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonAvanza
NordeaVS
Summary
Your goal decides
Avanza is Sweden's most-used online broker (rated 4.4/5, founded 1999); Nordea is Northern Europe's largest bank (3.7/5, based in Helsinki). On costs Avanza is clearly ahead: Swedish stocks trade at 0 SEK courtage, international from $1 per trade. Nordea charges from 0.06% (minimum €7) on Nordic exchanges and from €15 internationally. Avanza also offers Swedish options, certificates and an award-winning app; Nordea offers no options but an integrated full bank with a very broad fund selection. Cost-conscious Swedish investors pick Avanza; those wanting to bundle banking, advice and brokerage at a Nordic bank suit Nordea. Both support the ISK account.
AvanzaSweden's most popular online broker with commission-free trading
NordeaNorthern Europe's largest bank with integrated securities trading
At a glance
The key differences
| Criterion | Avanza | Nordea |
|---|---|---|
| Platforms | Avanza Web, Avanza App | Nordea Investor Web, Nordea App |
| Product types | Stocks, ETFs, Funds, Bonds, Options, Warrants, Certificates | Stocks, ETFs, Bonds, Funds, Warrants |
| Options trading | Yes, Swedish options | No |
| Fee model | 0 SEK commission on Swedish stocks, international from $1 per trade | Stocks from 0.06% (min. €7) Nordic exchanges, international from €15 |
| Minimum deposit | 0 SEK | 0 € |
| Regulation | FI (Sweden) | FI (Finland) |
| More information | Details | Details |
Platforms
Avanza
Avanza Web, Avanza App
Nordea
Nordea Investor Web, Nordea App
Product types
Avanza
Stocks, ETFs, Funds, Bonds, Options, Warrants, Certificates
Nordea
Stocks, ETFs, Bonds, Funds, Warrants
Options trading
Avanza
Yes, Swedish options
Nordea
No
Fee model
Avanza
0 SEK commission on Swedish stocks, international from $1 per trade
Nordea
Stocks from 0.06% (min. €7) Nordic exchanges, international from €15
Minimum deposit
Avanza
0 SEK
Nordea
0 €
Regulation
Avanza
FI (Sweden)
Nordea
FI (Finland)
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
AvanzaNordeaStocks 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 €
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at Avanza and Nordea, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Avanza | Nordea |
|---|---|---|
| ETF savings plan, ≈ €200 a month | SEK 5.75ETF buy (exchange-traded fund, Stockholm), Mini class: 0.25% × SEK 2,300; no separate savings-plan price confirmed | SEK 2.07Single ETF buy (Nasdaq Nordic) online: 0.09% (min SEK 1) × SEK 2,300 |
| 10 stock buys of ≈ €1,000 a month | SEK 287.50Mini class, Stockholmsbörsen: 0.25% × SEK 11,500 = SEK 28.75 × 10 (Start class SEK 0 only below SEK 50k saved) | SEK 103.50Swedish shares online: 0.09% (min SEK 1) × SEK 11,500 = SEK 10.35 × 10 |
| Custody and account fee per year | SEK 0Securities account/ISK: annual fee SEK 0, management fee SEK 0 | SEK 0Värdepapperstjänst Depå (securities account): SEK 0 per year |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: avanza.se · avanza.se · nordea.se
Execution quality
Order type, venue and liquidity affect execution.
AvanzaCheck the provider’s execution policy and available order types for your account.
Provider informationNordeaCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
AvanzaStocksETFsFundsBondsOptionsWarrantsCertificates
NordeaStocksETFsBondsFundsWarrants
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
AvanzaAvanza Web · Avanza App
Avanza offers trading through Avanza Web and the award-winning Avanza App. The web platform features comprehensive market data, charting tools, a social trading forum, and portfolio analysis. The mobile app is considered one of the best finance apps in Sweden, offering quick access to all trading functions, push notifications, and clear portfolio display. Both platforms are exclusively available in Swedish and stand out for their particularly intuitive user interface.
Explore platformNordeaNordea 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 platformAvanza
Avanza Bank AB (publ)
- Supervisor
- Finansinspektionen (FI)
Nordea
Nordea Bank Abp, filial i Sverige (branch of Finnish Nordea Bank Abp)
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
AvanzaFor investors who want more than a bank portfolio: Avanza adds Swedish options and certificates and an app built for investors. On pure order costs, Nordea comes out ahead in our scenarios.
- Commission-free trading of Swedish stocks
- Sweden's most used investment platform
- Excellent mobile app
- Only available for customers in Sweden
- Platform exclusively in Swedish
NordeaFor customers who want account, card and portfolio at one large bank — and who even buy more cheaply in our scenarios. What you give up is options and a specialist broker’s tools.
- 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
Find the broker that fits
Avanza oder Nordea?
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.
Avanza and Nordea do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
In-depth analysis
Courtage and fees: Avanza trades Swedish stocks at 0 SEK courtage; international stocks cost from $1 per trade. Nordea charges from 0.06% of order value (minimum €7) on Nordic exchanges and from €15 internationally — which adds up notably for active investors. On foreign-currency purchases both also apply a currency-exchange fee (valutaväxlingsavgift). Minimum deposit is 0 at both.
Account type and tax — ISK, AF or KF: In Sweden the account type drives the tax burden. The ISK (Investeringssparkonto) is taxed on a flat notional (schablon) basis regardless of realized gains — ideal for long-term buy-and-hold investors and frequent traders. The AF (aktie- & fondkonto) taxes each realized gain and dividend as capital income but allows loss offsetting — useful when you want to net off losses. The KF (kapitalförsäkring) is a flat-taxed insurance wrapper with advantages for foreign dividends and estate planning.
Offering and verdict: Avanza covers stocks, ETFs, funds, bonds, Swedish options, warrants and certificates and is considered very beginner-friendly thanks to its app; Nordea offers stocks, ETFs, bonds, funds and warrants but no options, scoring with full-bank service and research. Common question — broker or bank for ISK saving? For low-cost Swedish stock and fund savings plans inside an ISK, Avanza is the natural choice; those who prefer a house bank with advice and a broad fund range stay with Nordea.
Your questions
Frequently asked questions
How do fees differ between Avanza and Nordea?
Avanza: 0 SEK commission on Swedish stocks, international from $1 per trade. Nordea: Stocks from 0.06% (min. €7) Nordic exchanges, international from €15. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Avanza or Nordea?
Avanza offers Stocks, ETFs, Funds, Bonds, Options, Warrants, Certificates. Nordea offers Stocks, ETFs, Bonds, Funds, Warrants.
How are Avanza and Nordea regulated?
The broker profiles list FI (Sweden) for Avanza and FI (Finland) for Nordea. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Avanza or Nordea better for beginners?
Avanza lists a 0 SEK minimum deposit and offers Avanza Web, Avanza App. Nordea lists 0 € and offers Nordea Investor Web, Nordea App. Compare usability, available products and costs for your intended use.
Avanza vs Nordea: Which broker is better overall?
The choice between Avanza (4.4/5, 2200 reviews) and Nordea (3.7/5, 1100 reviews) depends on your needs. Avanza: Sweden's most popular online broker with commission-free trading. Nordea: Northern Europe's largest bank with integrated securities trading.
Your next step
Your next step
AvanzaSweden's most popular online broker with commission-free trading
Open accountRead reviewNordeaNorthern Europe's largest bank with integrated securities trading
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.