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Best stock brokers & investing apps in Sweden

9 licensed stock brokers & investing apps, ranked on the company that would actually open your account. How we rate

eToro logo

Top pick

eToro

Score 71/100, licensed in Cyprus

Trading 212 logo

$0 commission on US stocks

Trading 212

and 1 more on this list

NAGA logo

Lowest verified minimum deposit

NAGA

$50, then Admirals at $100

Is it legal?Yes, with a licensed stock broker.
Where they're licensed1 in Sweden, 5 in Cyprus, 1 in Ireland and 2 elsewhere.
If a stock broker failsInvestor Compensation Fund (Cyprus): 90% of covered claims, up to €20,000. The scheme depends on the country that licenses the firm. It never covers trading losses. We haven't verified a scheme for 1 firm here.

The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

All 9 stock brokers & investing apps

#BrokerStock feeInstrumentsMin. depositCoinish ScoreActions
1
eToro logo
Top pick

eToro

Licensed in Cyprus · CySEC

$2US stock fee10,000+Not verified71rated 3.6/5
2
Interactive Brokers logo

Interactive Brokers

Licensed in Ireland · CBI

$1US stock feeNot verifiedNot verified71rated 4.1/5
3
Trading 212 logo

Trading 212

Licensed in Cyprus · CySEC

$0US stock fee9,000+Not verified66rated 3.8/5
4
Admirals logo

Admirals

Licensed in Cyprus · CySEC

Not verified6,000+$10058rated 3.3/5
5
NAGA logo

NAGA

Licensed in Cyprus · CySEC

$0US stock fee4,000+$5056rated 3.3/5
6
Nordnet logo

Nordnet

Licensed in Sweden · Finansinspektionen

€3Helsinki shares (Nordnet Finland) feeNot verifiedNot verified56rated 3.1/5
signal pending
7
Lightyear logo

Lightyear

Licensed in Estonia · Finantsinspektsioon

$1US stock fee6,000+Not verified54rated 3.5/5
8
DEGIRO logo

DEGIRO

Licensed in Germany · BaFin

€2US stocks feeNot verified€0.0149rated 3.4/5
9
Freedom24 logo

Freedom24

Licensed in Cyprus · CySEC

$2.02US stock fee1,000,000+Not verified45rated 3.0/5

Good to know

Stocks rules in Sweden

Local licence required

Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport.

Regulator sources (1)
  • “Företaget får från sitt hemland erbjuda och tillhandahålla tjänster i Sverige med början så snart FI har tagit emot en underrättelse från den behöriga myndigheten i företagets hemland.”

    fi.se · Oct 29, 2026

Stocks in Sweden at a glance

  • 9 stock brokers & investing apps with a verified licence serve residents of Sweden: 1 holds a local licence (Finansinspektionen) and 8 serve under an EU passport.
  • Top pick by Coinish Score: eToro (71/100, Editor Rating 3.6/5).
  • $0 commission on US stocks: Trading 212 and NAGA.
  • Lowest minimum deposit: $50 (NAGA).

How this ranking works

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of Sweden, 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

Stocks in Sweden: what to know

Of the 9 stock brokers & investing apps on this list, 5 serve Sweden from a CySEC licence in Cyprus (eToro, Trading 212, Admirals and 2 more), 1 serves Sweden from a CBI licence in Ireland (Interactive Brokers), 1 holds a licence from the Finansinspektionen (Nordnet) and 1 serves Sweden from a Finantsinspektsioon licence in Estonia (Lightyear); 1 more is licensed by BaFin.

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

What to check before you open an account in Sweden

  • Search the company name on the Finansinspektionen register (fi.se); for a firm licensed elsewhere, on its home regulator's register too (CySEC, CBI and Finantsinspektsioon for most of this list).
  • Check which company your contract is with. eToro, for example, onboards residents of Sweden through eToro (Europe) Ltd (CySEC licence 109/10), and the name on the account-opening documents should match the list.

Is share trading legal in Sweden?

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: fi.se

What is the best stock broker in Sweden?

By Coinish Score, eToro (71/100, Editor Rating 3.6/5), through eToro (Europe) Ltd (CySEC licence 109/10). Interactive Brokers (71) and Trading 212 (66) follow. The score rates the company that would serve you in Sweden, so the same brand can rank differently in another country.

What protects your shares if a broker goes bust?

Brokers have to keep your assets apart from their own, so in a bankruptcy your shares should come back to you. If they can't be returned, Riksgälden's investor protection pays up to SEK 250,000.

Nordnet is the only stock broker here licensed by Finansinspektionen. The other 8 are licensed in other EU countries, so their home country's scheme covers you instead.

Source: riksgalden.se

Can a stock broker licensed in another EU country serve you in Sweden?

Yes. A firm authorised under MiFID II in one EEA country can serve residents of the others once its home regulator has notified them. 8 of the 9 on this list reach Sweden that way, most from Cyprus (5), Ireland (1) and Estonia (1).

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

Is your money protected if a stock broker fails?

If a broker fails, the compensation scheme of the regulator that licenses it applies, not one chosen by where you live. For this list: Investerarskyddet (Riksgälden): up to SEK 250,000 per investor for clients of Finansinspektionen-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); Entschädigungseinrichtung der Wertpapierhandelsunternehmen (EdW): 90% of the claim, up to €20,000 per investor for clients of BaFin-licensed investment firms (1 on this list). Compensation covers missing client money and assets after a firm's failure, never trading losses.

Sources: riksgalden.se, cysec.gov.cy, investorcompensation.ie, e-d-w.de

Do you pay tax on share profits in Sweden?

In an investeringssparkonto (ISK) you pay no tax on your gains. Skatteverket charges a yearly tax on what the account holds instead, whether you made money or not. For 2026 that's 1.065% of the amount over SEK 300,000, so the first SEK 300,000 is tax-free.

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

Source: skatteverket.se

Coinish provides general information only. Nothing on this site is investment, tax or legal advice.