DNB Markets

DNB Markets

3.8(900)

Finanstilsynet

VS
Nordnet

Nordnet

4.2(1400)

FI (Sweden)

DNB Markets vs Nordnet

Head-to-Head Comparison 2026

Last reviewed: September 2026SofiaBy Sofia

Our Verdict

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.

Comparison Table

CriteriaDNB MarketsNordnet
Rating3.8/5 (900 reviews)4.2/5 (1400 reviews)
RegulationFinanstilsynetFI (Sweden)
FeesStocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOKStocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade
Min. Deposit0 NOK0 SEK
InstrumentsStocks, ETFs, Bonds, FundsStocks, ETFs, Funds, Bonds, Options, Warrants
PlatformsDNB Web, DNB AppNordnet Web, Nordnet App
Options TradingNoYes, Nordic options
Execution Speed~30 ms (Nasdaq Stockholm/Helsinki/Oslo Direct)
Founded18221996
HeadquartersOsloStockholm

Detailed Comparison

Fee Comparison

DNB Markets: Stocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOK. Minimum deposit: 0 NOK.

Nordnet: Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade. Minimum deposit: 0 SEK.

Execution Quality

DNB Markets

No data available

Nordnet

Execution: ~30 ms (Nasdaq Stockholm/Helsinki/Oslo Direct)

Product Range

DNB Markets (4 categories)

StocksETFsBondsFunds

Nordnet (6 categories)

StocksETFsFundsBondsOptionsWarrants

Trading Platforms

DNB Markets

  • DNB Web
  • DNB App

Nordnet

  • Nordnet Web
  • Nordnet App

Regulation & Security

DNB Markets is regulated by Finanstilsynet (HQ: Oslo).

Nordnet is regulated by FI (Sweden) (HQ: Stockholm).

Who Is It For?

DNB Markets

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

Nordnet

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

In-Depth Analysis: DNB Markets vs Nordnet

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.

Frequently Asked Questions

Is DNB Markets or Nordnet cheaper?
DNB Markets charges Stocks from 0.05% (min. 59 NOK) Oslo Børs, international from 99 NOK. Nordnet charges Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade. The minimum deposit is 0 NOK at DNB Markets and 0 SEK at Nordnet.
Which broker offers more products: DNB Markets or Nordnet?
DNB Markets offers Stocks, ETFs, Bonds, Funds. Nordnet offers Stocks, ETFs, Funds, Bonds, Options, Warrants.
Which broker is better regulated?
DNB Markets is regulated by Finanstilsynet. Nordnet is regulated by FI (Sweden).
Is DNB Markets or Nordnet better for beginners?
DNB Markets has a minimum deposit of 0 NOK and offers DNB Web, DNB App as platforms. Nordnet has a minimum deposit of 0 SEK and offers Nordnet Web, Nordnet App. DNB Markets has the lower entry barrier.
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.
DNB Markets

DNB Markets

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

Open Account

From 0 NOK min. deposit

Nordnet

Nordnet

Leading Scandinavian online broker for stocks, funds and savings plans

Open Account

From 0 SEK min. deposit