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Fee cap of 1 %

Helsinki, Stockholm, Oslo and Copenhagen stock exchanges and all ETFs.

Custody fee as little as 0 euros

Benefit available for customers under 30 years old and active traders.

More than 1,200 funds

We offer a wide selection of investment funds.

Nordea is one of the cheapest for small trades

We offer affordable brokerage fees for equities and ETFs even when you execute trades worth less than 800 euros. You will pay a brokerage fee of a maximum of 1% for trades made on the Nordic stock exchanges. The same 1% fee cap also applies to all ETFs.

New pricing model rewards frequent traders

Our updated fee tiers for securities trading became effective on 1 October 2025. We want to support frequent trading and offer a more rewarding pricing model, making it easier than before to reach the tier with the lowest fees. This means that the more you trade, the lower the fees you pay.

See our updated tariff for securities trading.

Brokerage fees in transactions of less than 800 euros

Purchase priceBrokerage fee
EUR 100EUR 1
EUR 200EUR 2
EUR 400EUR 4
EUR 700EUR 7
 

Example of how the 1% fee cap affects the brokerage fees of transactions of less than 800 euros on the Nordic stock exchanges and for all ETFs.

Brokerage fees in transactions of more than 800 euros

Purchase priceBrokerage fee
EUR 1,000EUR 8
EUR 3,000EUR 8
EUR 5,000EUR 10
EUR 10,000EUR 20
 

Example of brokerage fees in transactions of more than 800 euros when you start on the basic tier of our tariff. Please note that the brokerage fee is reduced for active traders. See how the brokerage fee changes on different fee tiers.

Online trading

Our trading services enable you to attend to all your savings and investments and to trade affordably on all the main markets.

Read more about online trading services

How are the examples and brokerage fees calculated?

  • The tables show examples of brokerage fees when you buy any ETFs on the Helsinki, Stockholm, Oslo and Copenhagen stock exchanges.
  • We have a fee cap of 1% for all the Nordic stock exchanges and all ETF transactions of less than 800 euros. In transactions of more than 800 euros, the fee for the basic tier is 0.2%, with a minimum brokerage fee of 8 euros.
  • If you trade actively, your brokerage fees will be reduced as stated in the tariff. See our tariff for more information on the fee tiers.
  • When trading on the US stock exchanges, for example, the brokerage fees stated in our tariff will apply. See our tariff and fee tiers.

Low trading fees

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  • 1% cap on brokerage fees for your book-entry account and equity savings account when you trade on the Nordic stock exchanges.
  • 1% cap on all brokerage fees for ETFs.
  • EUR 0 subscription and redemption fees for Nordea funds through Nordea Mobile and Netbank.

Benefits for the custody of investment assets

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  • The custody fee for your book-entry account or equity savings account is 0 euros if you make at least one trade per quarter.
  • Account holders who are under 30 years old will get the equity savings account without the custody fee.

Comprehensive selection of funds and equities

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  • You have access to nearly 400 investment funds and around 900 ETFs.
  • You can trade in more than 2,500 different shares across more than 20 marketplaces in Europe and North America.
  • You can trade conveniently in Nordea Mobile and Netbank.
Your trading services
Book-entry account
Equity savings account
Other fees for custody services

Trading fees for book-entry accounts and equity savings accounts

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.

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

0.06%

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.

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%
CustomerBrokerage fees accumulated in previous quarterNo brokerage fees accumulated in previous quarter
Private Banking customersEUR 0EUR 0
Other personal customersEUR 0EUR 2.45
Corporate customersEUR 0EUR 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.

Direct trading in subscription rights

Tariff for direct trading in subscription rights
Itemisation%
Of the transaction price of a buy or sell transaction in connection with subscription4.00
Asset transfer tax on the transaction price for subscription rights, from the buyer and the seller0.80 
ItemisationEUR
Registration of a trade brokered by a broker other than Nordea Markets10.00

Monitoring of trading in a securities portfolio pledged as security, per trade transaction.  VAT 25.5%. In addition, a trade registration fee is charged. 

34.5

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.

Charges and custody fees for book-entry accounts

Tariff for book-entry accounts
PaymentsAdditional information
Custody fees

EUR 0–2.45 per month

  • You will not be charged any custody fees on your book-entry account if you have executed at least one trade that is subject to a brokerage fee during the previous quarter. 
  • If no trades subject to a brokerage fee were executed on the book-entry account in the previous quarter, we will charge a custody fee of EUR 2.45 every month of the quarter in question.

Transfer of an account from another bank to Nordea (only applies to Finnish equities and the transfer of an entire book-entry account) 

EUR 0

Plus the transfer costs of foreign securities, if any, in accordance with our tariff.

Transfer of an account to another service provider (only applies to Finnish equities and the transfer of an entire book-entry account)

EUR 0

Plus the transfer costs of foreign securities, if any, in accordance with our tariff.

Transfer of foreign securitiesEUR 70 per security
Debit date
  • The year is divided into four quarters.
  • The custody fee will be charged for the current quarter if you did not execute any securities trades in the previous quarter.
Custody fee rules apply to all the accounts of an individual customer

If you have, for example, two book-entry accounts and an equity savings account, you will get free custody for the next quarter if you execute one trade on any of these three accounts. This means that just one trade for which you pay a brokerage fee will remove the custody fees for all three accounts.

Note. Your brokerage fees do not apply to other people’s book-entry accounts you are authorised to use (for example, your child’s). You have to execute one trade on such accounts, too, to get their custody fee removed for the next quarter. 

Example
  • A fee will be charged for July, August and September if no trades are executed on the book-entry account in April, May or June. The fee for July is debited in August, the fee for August is debited in September and the fee for September is debited in October.
  • If you execute a trade in April, May or June, you will not be charged a custody fee for July, August and September.
  • Even one transaction with a brokerage fee is enough.

Fees and charges collected by other parties

Besides the service fees payable to Nordea, you will have to pay any fees and charges that Nordea has to pay to Euroclear Finland Oy, sub-custodians and other third parties.

For example, the custody of depositary receipts (ADR and GDR) is subject to an administration fee in addition to Nordea’s fee. The administration fees vary by programme and are not known in advance. We advise you to read about ADR and GDR programmes directly either on the issuer’s website or through the company’s investor relations.

Charges and fees for equity savings accounts

Equity savings account tariff
ItemisationFee
Custody fee

EUR 0–2.45 per month

No custody fees are charged in the following cases:

  • you are under 30 years old
  • you have executed at least one transaction for which you paid a brokerage fee in the previous quarter using your equity savings account or book-entry account
  • your equity savings account is empty
Opening an accountEUR 0
Withdrawals/depositsEUR 0
Closing an accountEUR 0
Transfer of an account to another service provider

EUR 100

Plus the transfer costs of foreign securities, if any, in accordance with our tariff.

Transfer of foreign securitiesEUR 70 per security

Fees for our custody services

We will not charge you any custody fees on your book-entry account or equity savings account if you have executed at least one trade that is subject to a brokerage fee during the previous quarter.

Fees for the custody services of book-entry accounts and equity savings accounts
Fees for the custody services of book-entry accounts and equity savings accountsFee 
Custody fee for book-entry accounts and equity savings accountsEUR 0–2.95 per month
Custody fees will not be charged for the calendar quarter if you have executed at least one transaction that is subject to a brokerage fee, or if the book-entry account or equity savings account contains no securities. Otherwise the custody fee is 2.45 euros per month for personal customers and 2.95 euros per month for corporate customers.
Fees for custody services – Finnish securities
Transfer of book entries, each Fee, EUR 
(incl. VAT 25.5%)
From another bank to Nordea (only applies to Finnish equities and the transfer of an entire book-entry account) free of charge
Within Nordea from one account to another5.00
From Nordea to another account operator30.00
Registration of a trade brokered by a broker other than Nordea.

25.00

The fee is not subject to value added tax.

Deposit/withdrawal of physical securities from custody
Deposit of securities into custody/type20.00
Withdrawal of securities from custody/type15.00
Registration based on a document
Pledging when the pledge holder is Nordea Bank Oyj5.00
Addition, change or removal of a right of transfer, right to income, restriction on sale or authorisation to register35.00
Addition, change or removal of a pledge on behalf of a party other than Nordea Bank Oyj35.00
Conversion from one share series to another45.00
Reports, certificates and reorders
Balance statements
Asset statement, book-entry account and custody of securities10.50
Asset statement, fund portfolio10.50
Reorders
End-year portfolio reports10.50
Fund transaction list10.50
Extract from the book-entry account and custody of securities27.00
Reports ordered separately
Copy of printout delivered by post that the customer receives free of charge in Nordea Mobile and Netbank. For example, monthly securities statement.27.00
Securities transactions27.00
Realised gains and losses of securities trading27.00
Calculation on securities trading27.00
Other
For the preparation of other certificates, reports or calculations, we charge according to the time spent100.00 per hour
Actions related to shares and other securities
Subscriptions for options and investor warrants20.00
Other registrations or actions20.00

Safe custody of documents – Fees
Customer levelCustody fee EUR [PRICE], incl. VAT 25.5%Removal fee EUR [PRICE], incl. VAT 25.5%Deposit fee EUR [PRICE], incl. VAT 25.5%

Private Banking customers

0.000.00

0.00

Premium Customers3.50 each per month*30.00 per visit30.00 per visit
Other customers3.50 each per month*60.00 per visit60.00 per visit
* Will, deed of gift, prenuptial agreement, shares in a housing company or real estate, mortgage deed or other document or agreement

Foreign securities – Fees
Transfer of securities, per securityFee, EUR (incl. VAT 25.5%)
Transfer of foreign security within Nordea from one account to another15.00
The fee is not subject to value added tax.
Transfer or receipt of a foreign security in book-entry form to or from another custodian bank.70.00
The fee is not subject to value added tax.
Conversion of a foreign physical security into the book-entry format. All external costs payable by Nordea will also be debited. The amount of external costs is determined case by case.100.00 per hour
Applying for a refund of tax-at-source levied on dividend paid abroadFee incl. VAT 25.5%
Applying for tax exemption in another Nordic country, price per country. Tax exemption in other countries cannot be applied for.200.00
Applying for a refund of tax-at-source:
Belgium, France, Sweden, Germany, Switzerland and Denmark
Fee EUR 100 per dividend payout. The sum to be refunded must be at least 200 euros per dividend payment.		100.00
Receipt issued by a foreign sub-custodian bank for dividend paid, price per dividend payment*
25.00
Receipt issued by Nordea for dividend paid, price per dividend payment*25.00
Services related to general meetings of shareholders:
Registration for general meetings in the EU and Norway.250.00
* Please note that both receipts are necessary if the customer personally submits an application concerning tax-at-source to a foreign tax authority.
ConversionFee incl. VAT 25.5%
Conversion of a publicly traded security for public trading on another market. 
130.00
The service fee is also charged if the customer modifies or cancels the order.
The fees will be determined and published separately for each security type. 

Besides the service fees payable to Nordea, you will have to pay any fees and charges that Nordea has to pay to Euroclear Finland Oy, sub-custodians and other third parties.
 
For example, the custody of depositary receipts (ADR and GDR) is subject to an administration fee in addition to Nordea’s fee. The administration fees vary by programme and are not known in advance. We advise you to read about ADR and GDR programmes directly either on the issuer’s website or through the company’s investor relations.

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Personal customers