Nordnet FI review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Nordnet FI suits Nordic and EU savers who want a regulated bank behind their stock dealing, and it keeps the money side simple with investor protection of EU ICS up to EUR 20,000. The trade-off sits in pricing: a stock trade fee of €5 puts it above the €0 typical of the brokers around it.

Key facts

Best for
A supervised bank holding for Nordic and EU stock, ETF and fund investors
Stock trade fee
€5 (Source, checked September 26, 2026)
Markets
Stocks, ETFs, Funds (Source, checked September 26, 2026)
Regulators
Finansinspektionen (Swedish Financial Supervisory Authority) (Source, checked September 26, 2026)
Investor protection
EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
Legal entity
Nordnet Bank AB (Source, checked September 26, 2026)
Headquarters
Sweden (Source, checked September 26, 2026)
Founded
1996 (Source, checked September 26, 2026)
Support channels
Help-centre (Source, checked September 26, 2026)
Features
Crypto, Mobile app
Official website
nordnet.fi

Pros and cons

Pros

  • A named bank entity, Nordnet Bank AB, holds client money, with Finansinspektionen as supervisor
  • Investor protection of EU ICS up to EUR 20,000 gives a clear cap to test a balance against
  • A focused market list, stocks, etfs and funds, covers what a long-term portfolio needs
  • Crypto and a mobile app sit in the feature set, crypto and mobile app

Cons

  • A stock trade fee of €5 sits above the €0 seen across the brokers listed, so regular dealing costs more
  • Support runs on help centre only, with no phone or live chat route listed
  • The market list stops at stocks, etfs and funds, so forex, CFDs and metals sit outside the offer
Nordnet FI

Ready to try Nordnet FI?

Scored 8.6 / 10 by BrokerCue.

Who it suits

  • Long-term holders of Nordic and EU shares, ETFs and funds who want a bank behind the account
  • Savers who weigh the protection cap first and the per-trade cost second
  • People who like a short feature set and are happy to work through written help

Who should look elsewhere

  • Not for cost-first traders: eToro charges $0 on a stock trade against €5 here
  • Not for anyone wanting forex or CFDs: Vantage lists those in forex, cfds and stocks, wider than stocks, etfs and funds
  • Not for people who want one account covering crypto and leverage products: CFI lists stocks, etfs and forex

How your money is protected

Nordnet FI is supervised by Finansinspektionen, the Swedish Financial Supervisory Authority, and investor protection runs at EU ICS up to EUR 20,000. That cap is the figure that matters, because a balance above it does not sit inside the same limit. Anyone parking a large cash sum should read the scheme terms before funding the account.

The company behind it

The account is held by Nordnet Bank AB, a Swedish bank, with the home country listed as SE and a founding year of 1996. Support runs on help centre only, so questions about transfers, tax forms or holdings go into written help rather than a phone line.

How Nordnet FI compares

Where Nordnet FI is available

Available
Finland
Licence in Sweden
Finansinspektionen (Swedish Financial Supervisory Authority), checked September 26, 2026

Countries from the brand (Source, checked September 29, 2026)

Frequently asked questions

What does a stock trade cost on Nordnet FI?+

A stock trade costs €5, against a €0 median across the brokers listed here. The ranking placed it at 142 out of 161 brands on this measure, so frequent dealing adds up faster here than at most rivals.

Is my money protected at Nordnet FI?+

Investor protection is EU ICS up to EUR 20,000, which caps what the scheme pays per person rather than per position. Balances above that cap fall on your own side of the line, so the figure matters most to anyone parking a large cash sum with the platform.

Who supervises Nordnet FI?+

The supervising authority is Finansinspektionen (Swedish Financial Supervisory Authority), and the client account is held by Nordnet Bank AB. That pairing means the money sits with a named bank under a national regulator, rather than with a platform trading outside a permissioned system.

Which markets can I trade on Nordnet FI?+

The market list is stocks, etfs and funds, a narrow set built for long-term investing. There is no forex, CFDs or metals line here, so anyone who wants to move between instruments inside a single account will want a different platform. Shares, ETFs and funds cover a plain portfolio.

Does Nordnet FI have a mobile app and crypto?+

Both appear in the feature list, crypto and mobile app, so a mobile app and crypto are part of what the platform offers. The list is short, which keeps the offering narrow, and anything outside it is not part of the current range. Check app permissions before funding.

How do I get help from Nordnet FI?+

Support runs on help centre only, so help arrives in writing rather than by phone or live chat. That suits readers comfortable with documentation and works less well if you want to talk an issue through. Have your account details ready to shorten the exchange.

How much do retail investors lose on brokers like this?+

Across the stock brokers listed, retail accounts that lose money run at a 70.15% median and 72.03% in the same ranking set. Those figures describe the market rather than this firm, so read them as a warning about the asset class, not a scorecard.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Minimum deposit, Account fee, Inactivity fee, Retail accounts that lose money.

Nordnet FI

Nordnet FI

A supervised bank holding for Nordic and EU stock, ETF and fund investors

8.6/10See alternatives