Best stock brokers & investing apps in Denmark

• 10 stock brokers & investing apps with a verified licence serve residents of Denmark: 1 holds a local licence (Danish FSA) and 9 serve under an EU passport.
• Top pick by Coinish Score: Saxo (76/100, Editor Rating 4.3/5).
• $0 commission on US stocks: Trading 212 and NAGA.
• Lowest minimum deposit: $50 (NAGA).

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of Denmark, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Of the 10 stock brokers & investing apps on this list, 5 serve Denmark from a CySEC licence in Cyprus (eToro, Trading 212, Admirals and 2 more), 1 holds a licence from the Danish FSA (Saxo), 1 serves Denmark from a CBI licence in Ireland (Interactive Brokers) and 1 serves Denmark from a Finansinspektionen licence in Sweden (Nordnet); 2 more are licensed by Finantsinspektsioon and BaFin.

Currency conversion, which you pay on every US share bought from a non-dollar account, costs from 0.25% (Saxo) to 0.35% (Lightyear). Nordnet charges €3 per order for Helsinki shares (Nordnet Finland) and DEGIRO charges €2 per order for US stocks.

• Search the company name on the Danish FSA register (finanstilsynet.dk); for a firm licensed elsewhere, on its home regulator's register too (CySEC, CBI and Finansinspektionen for most of this list).
• Check which company your contract is with. Saxo, for example, onboards residents of Denmark through Saxo Bank A/S (Danish FSA), and the name on the account-opening documents should match the list.

Yes, with a licensed provider. Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport.

Source: finanstilsynet.dk

By Coinish Score, Saxo (76/100, Editor Rating 4.3/5), through Saxo Bank A/S (Danish FSA). eToro (71) and Interactive Brokers (71) follow. The score rates the company that would serve you in Denmark, so the same brand can rank differently in another country.

If a failed bank or broker can't give back securities it held for you, Garantiformuen covers the loss up to €20,000. Cash deposits are covered separately, up to €100,000. Companies are covered as well as private people.

Source: fs.dk

Yes. A firm authorised under MiFID II in one EEA country can serve residents of the others once its home regulator has notified them. 9 of the 10 on this list reach Denmark that way, most from Cyprus (5), Ireland (1) and Sweden (1).

The home regulator supervises the firm and its compensation scheme applies, while Danish FSA can still set conduct rules for clients in Denmark.

If a broker fails, the compensation scheme of the regulator that licenses it applies, not one chosen by where you live. For this list: Garantiformuen (Finansiel Stabilitet): up to €20,000 per investor for securities for clients of Danish FSA-licensed investment firms (1 on this list); Investor Compensation Fund (Cyprus): 90% of covered claims, up to €20,000 for clients of CySEC-licensed investment firms (5 on this list); Investor Compensation Company (ICCL): 90% of the loss, up to €20,000 per investor for clients of CBI-licensed investment firms (1 on this list); Investerarskyddet (Riksgälden): up to SEK 250,000 per investor for clients of Finansinspektionen-licensed investment firms (1 on this list). Compensation covers missing client money and assets after a firm's failure, never trading losses.

Sources: fs.dk, cysec.gov.cy, investorcompensation.ie, riksgalden.se

Returns on an aktiesparekonto are taxed at a flat 17%. You can pay in up to DKK 174,200 in 2026, up from DKK 166,200 in 2025.

Coinish isn't a tax adviser: check your own situation with the tax authority or an accountant.

Source: skat.dk