NordnetStocks 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
Broker comparison
Nordnet vs.
Saxo Bank
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonNordnet
Saxo BankVS
Summary
Your goal decides
Saxo Bank has a higher rating of 4.5/5 compared to Nordnet (4.2/5). Saxo Bank offers 9 instrument types, while Nordnet offers 6. Oversight: Nordnet: FI (Sweden); Saxo Bank: Danish FSA (Finanstilsynet). Nordnet: Yes, Nordic options. Saxo Bank: Yes, listed options: Eurex, US. Saxo Bank has been in the market since 1992, making it the more experienced provider.
NordnetLeading Scandinavian online broker for stocks, funds and savings plans
Saxo BankPremium investment bank with over 72,000 tradable instruments
At a glance
The key differences
| Criterion | Nordnet | Saxo Bank |
|---|---|---|
| Platforms | Nordnet Web, Nordnet App | SaxoTraderGO, SaxoTraderPRO, Saxo App |
| Product types | Stocks, ETFs, Funds, Bonds, Options, Warrants | Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds |
| Options trading | Yes, Nordic options | Yes, listed options: Eurex, US |
| Fee model | Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade | Eurex: €0.75 per contract, no minimum (indicative international prices); US: USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply |
| Minimum deposit | 0 SEK | 0 € |
| Regulation | FI (Sweden) | Danish FSA (Finanstilsynet) |
| More information | Details | Details |
Platforms
Nordnet
Nordnet Web, Nordnet App
Saxo Bank
SaxoTraderGO, SaxoTraderPRO, Saxo App
Product types
Nordnet
Stocks, ETFs, Funds, Bonds, Options, Warrants
Saxo Bank
Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds
Options trading
Nordnet
Yes, Nordic options
Saxo Bank
Yes, listed options: Eurex, US
Fee model
Nordnet
Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade
Saxo Bank
Eurex: €0.75 per contract, no minimum (indicative international prices); US: USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply
Minimum deposit
Nordnet
0 SEK
Saxo Bank
0 €
Regulation
Nordnet
FI (Sweden)
Saxo Bank
Danish FSA (Finanstilsynet)
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
NordnetSaxo BankTerms by market
- Eurex
- €0.75 per contract, no minimum (indicative international prices)
- US
- USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply
- 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 Nordnet and Saxo Bank, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Nordnet | Saxo Bank |
|---|---|---|
| ETF savings plan, ≈ €200 a month | SEK 0Nordnet states monthly saving in ETFs is commission-free; SEK 0 × 1 | €3Single ETF buy on Xetra, Classic: 0.08% min €3 → €3; savings plan not verified |
| 10 stock buys of ≈ €1,000 a month | SEK 287.50Mini class (Nordic): 0.25%, min SEK 1 × SEK 11,500 = SEK 28.75 × 10; new customers free until 30 Jun 2027 | €30Xetra, Classic: 0.08% min €3 → €3 × 10 |
| 10 US option contracts a month | —Not offered: price list covers only Nordic stock/index options, no US options | US$20US options, Classic: $2.00 per contract × 10; no minimum ticket fee |
| 10 lots of EUR/USD a month | —Not offered: no FX/CFD trading in the price list, only currency conversion | US$110EUR/USD Classic: indicative minimum spread 1.1 pips × $10 × 10; no commission |
| Custody and account fee per year | SEK 0ISK and securities account: annual fee SEK 0, management fee SEK 0 | €18.75Custody fee Classic 0.15% p.a. + 25% Danish VAT (EU residents) × €10,000 |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: nordnet.se · nordnet.se · home.saxo · home.saxo · home.saxo · home.saxo
Execution quality
Order type, venue and liquidity affect execution.
NordnetCheck the provider’s execution policy and available order types for your account.
Provider informationSaxo BankCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
NordnetStocksETFsFundsBondsOptionsWarrants
Saxo BankStocksOptionsFuturesForexETFsBondsCFDsCommoditiesMutual Funds
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
NordnetNordnet 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 platformSaxo BankSaxoTraderGO · SaxoTraderPRO · Saxo App
Saxo Bank offers three trading platforms: SaxoTraderGO is the web-based main platform with modern design, comprehensive charting tools, option chains, stock screeners, and integrated research reports. SaxoTraderPRO caters to professional traders with multi-monitor support, extended order book, algorithmic trading, and real-time analyses. The Saxo App provides the full range of features on mobile, including options trading and portfolio management.
Explore platformSaxo Bank
Saxo Bank A/S (Hellerup, Denmark)
- Supervisor
- Finanstilsynet (Danish FSA)
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
NordnetFor investors in the Nordics who want free savings plans and Nordic options at a Swedish broker.
- 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
Saxo BankFor investors who want a professional platform with US options, bonds and FX.
- Over 72,000 tradable instruments
- Professional platforms
- Comprehensive options trading
- Higher fees for entry-level account
- Platform complex for beginners
Find the broker that fits
Nordnet oder Saxo Bank?
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.
Nordnet and Saxo Bank 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.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Where the price comes from
How several bank quotes become one spread on your screen
Open the lesson →Your questions
Frequently asked questions
How do fees differ between Nordnet and Saxo Bank?
Nordnet: Stocks from 0 SEK (Nordnet Markets), otherwise from 39 SEK per trade. Saxo Bank: Eurex: €0.75 per contract, no minimum (indicative international prices); US: USD 2.00 per contract (Classic), USD 1.00 (Platinum), USD 0.75 (VIP); indicative international prices, residence and trade ticket determine terms, additional costs may apply. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Nordnet or Saxo Bank?
Nordnet offers Stocks, ETFs, Funds, Bonds, Options, Warrants. Saxo Bank offers Stocks, Options, Futures, Forex, ETFs, Bonds, CFDs, Commodities, Mutual Funds.
How are Nordnet and Saxo Bank regulated?
The broker profiles list FI (Sweden) for Nordnet and Danish FSA (Finanstilsynet) for Saxo Bank. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Nordnet or Saxo Bank better for beginners?
Nordnet lists a 0 SEK minimum deposit and offers Nordnet Web, Nordnet App. Saxo Bank lists 0 € and offers SaxoTraderGO, SaxoTraderPRO, Saxo App. Compare usability, available products and costs for your intended use.
Nordnet vs Saxo Bank: Which broker is better overall?
The choice between Nordnet (4.2/5, 1400 reviews) and Saxo Bank (4.5/5, 1900 reviews) depends on your needs. Nordnet: Leading Scandinavian online broker for stocks, funds and savings plans. Saxo Bank: Premium investment bank with over 72,000 tradable instruments.
Your next step
Your next step
NordnetLeading Scandinavian online broker for stocks, funds and savings plans
Open accountRead reviewSaxo BankPremium investment bank with over 72,000 tradable instruments
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.