Our new securities trading fee tiers became effective on 1 October 2025. We want to support frequent trading and offer you an even more rewarding pricing model. This means that the more you trade, the lower the fees you pay.
Your brokerage fees are determined by the accumulated fees you have paid. The accumulated fees are calculated on a quarterly basis and you can check them in Nordea Mobile and Netbank. Once you are promoted to the next tier, your fees will be reduced.
We have a fee cap of 1% for transactions on the Nordic stock exchanges and for ETFs. The fees for other markets, including the US, are determined according to the tariff below.
Current pricing model and brokerage fees
| Trading tiers | Tier 1 0.20% min. EUR 8 | Tier 2 0.18% min. EUR 8 | Tier 3 0.15% min. EUR 5 | Tier 4 0.10% min. EUR 5 | Tier 5 0.06% min. EUR 3 |
| Accumulated fees | less than EUR 150 | EUR 150 – 500 | EUR 500 – 1,000 | EUR 1,000 – 2,500 | more than EUR 2,500 |
| Transaction, large | more than EUR 800 0.20% min. EUR 8 | more than EUR 800 0.18% min. EUR 8 | more than EUR 500 0.15% min. EUR 5 | more than EUR 500 0.10% min. EUR 5 | more than EUR 300 0.06% min. EUR 3 |
| Transaction, small | less than EUR 800
1%* | less than EUR 800 1%* | less than EUR 500 1%* | less than EUR 500
1%* | less than EUR 300
1%* |
New pricing model and brokerage fees as of 1 October 2025
| Trading tiers | Tier 1 0.20% min. EUR 8 | Tier 2 0.18% min. EUR 8 | Tier 3 0.15% min. EUR 5 | Tier 4 0.06% min. EUR 3 |
| Accumulated fees | less than EUR 20 | EUR 20 – 250 | EUR 250 – 500 | more than EUR 500 |
| Transaction, large | more than EUR 800
0.20% min. EUR 8 | more than EUR 800
0.18% min. EUR 8 | more than EUR 500
0.15% min. EUR 5 | more than EUR 300
0.06% min. EUR 3 |
| Transaction, small | less than EUR 800
1%* | less than EUR 800
1%* | less than EUR 500
1%* | less than EUR 300
1%* |
* Please note that the 1% fee cap applies to the Nordic stock exchanges and all ETFs. In other marketplaces, the brokerage fee is at least equal to the minimum fee stated in our tariff.
How did our pricing change on 1 October 2025?
We have lowered the thresholds for reaching the pricing tiers. From now on, active trading will get you faster to the more affordable price tiers. In addition, we have removed price tier 5 and put the lowest brokerage fees on tier 4.
Practical example and calculation
You trade in securities during the final months of 2025. The fees you pay for trades are accumulated. During the final quarter (October, November, December) your accumulated fees exceed 20 euros. When the next quarter begins in January 2026, you will be promoted to tier 2 and your brokerage fees will be lower.
| Other fees |
| Brokerage fee through Nordea Customer Service on the phone 0.5%, minimum EUR 40 (for all markets) |
| Brokerage fee in-branch 1%, minimum EUR 60 (for all markets) |
Custody fees, EUR per month, incl. VAT 25.5%| Customer | Brokerage fees accumulated in previous quarter | No brokerage fees accumulated in previous quarter |
| Private Banking customers | EUR 0 | EUR 0 |
| Other personal customers | EUR 0 | EUR 2.45 |
| Corporate customers | EUR 0 | EUR 2.95 |
Market-specific information
The foreign exchange fee for transactions in other than euro-denominated shares (and funds) is 0.3%.
Additionally:
- The London Stock Exchange charges a stamp duty of 0.5% of the transaction price.
- A transaction tax of 0.4% is levied when buying shares in the largest listed companies in France. The tax is not levied on brokerage fees, and it is not applicable to sales of shares.
- A transaction tax of 0.2% is levied when buying shares in the largest listed companies in Spain. The tax is not levied on brokerage fees, and it is not applicable to sales of shares.
- A transaction tax of 0.1% is levied on trades in Italian shares. No tax is levied on brokerage fees.
The brokerage fee is 2% (minimum EUR 168.19) for orders that cannot be brokered automatically. The total fee charged from the seller – and in the case of trades of subscription rights, also from the buyer – is half of the transaction price at maximum. The brokerage fee is a daily fee.