Nordea vs Nordnet

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.