Nordnet
FI (Sweden)
OpenBank
BdE/CNMV
Nordnet vs OpenBank
Head-to-Head Comparison 2026
Our Verdict
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.
Comparison Table
| Criteria | Nordnet | OpenBank |
|---|---|---|
| Rating | 4.2/5 (1400 reviews)✓ | 3.7/5 (750 reviews) |
| Regulation | FI (Sweden) | BdE/CNMV |
| Fees | Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade | Funds with no buy/sell fees, roboadvisor from 0.49% p.a. |
| Min. Deposit | 0 SEK | 0 € |
| Instruments | Stocks, ETFs, Funds, Bonds, Options, Warrants | Stocks, ETFs, Funds, Robo-Advisory |
| Platforms | Nordnet Web, Nordnet App | OpenBank Web, OpenBank App |
| Options Trading | Yes, Nordic options | No |
| Founded | 1996 | 1995 |
| Headquarters | Stockholm | Madrid |
Detailed Comparison
Fee Comparison
Nordnet: Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade. Minimum deposit: 0 SEK.
OpenBank: Funds with no buy/sell fees, roboadvisor from 0.49% p.a.. Minimum deposit: 0 €.
Product Range
Nordnet (6 categories)
OpenBank (4 categories)
Trading Platforms
Nordnet
- Nordnet Web
- Nordnet App
OpenBank
- OpenBank Web
- OpenBank App
Regulation & Security
Nordnet is regulated by FI (Sweden) (HQ: Stockholm).
OpenBank is regulated by BdE/CNMV (HQ: Madrid).
Who Is It For?
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
OpenBank
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
Frequently Asked Questions
Is Nordnet or OpenBank cheaper?
Which broker offers more products: Nordnet or OpenBank?
Which broker is better regulated?
Is Nordnet or OpenBank better for beginners?
Nordnet vs OpenBank: Which broker is better overall?
Nordnet
Leading Scandinavian online broker for stocks, funds and savings plans
Open Account →From 0 SEK min. deposit
OpenBank
Digital bank of the Santander Group with investment features
Open Account →From 0 € min. deposit