Best Online Brokers in Denmark in 2026 (compared)

Interactive Brokers leads the list as one of the best online brokers in Denmark.

Founded in 1978, Interactive Brokers is one of the largest international brokers, listed on NASDAQ (ticker: IBKR). It’s regulated by multiple international top-tier authorities, with no minimum deposit requirement. Danish investors are typically served by Interactive Brokers Ireland Ltd, regulated by the Central Bank of Ireland (CBI), which provides EU passporting that covers Denmark.

IBKR caters to both beginners and professional investors looking for any type of financial product (stocks, ETFs, bonds, options, futures, forex, commodities, and more), with an easy-to-use platform, advanced technical and fundamental trading tools, and strong educational resources.

Interactive Brokers supports a wide range of account base currencies, including DKK, EUR, USD, GBP, and other major currencies. Account funding is via bank transfer only. The broker offers some of the tightest spreads and lowest commissions in the industry, with a tiered commission structure that scales with your monthly trading volume – giving Danish investors access to 150+ markets across 30+ countries, including Nasdaq Copenhagen, major US exchanges, and most major European and Asian markets from a single account.

For investors who prefer to trade on the go, Interactive Brokers offers the IBKR Mobile app, providing convenience and advanced functionality. IBKR GlobalTrader is another mobile trading app designed for simple, accessible global trading. It supports fractional shares and lets you invest from as little as $1, making it well-suited to newer investors. You can also open a paper trading account with $10,000 in simulated cash to practise before going live.

On the downside, the main IBKR platforms can feel overwhelming if you’re new to investing. Fortunately, Interactive Brokers offers extensive educational materials and video tutorials to help you get up to speed, and starting with GlobalTrader is a great way to ease into the ecosystem before moving on to the more advanced tools.

One important consideration for Danish investors: IBKR doesn’t currently offer an aktiesparekonto (Share Savings Account) – this remains the preserve of Danish domestic brokers like Nordnet and Saxo. You’ll also need to handle Danish capital gains and dividend reporting (oplysningsskema / form 04.080) manually in DKK, since IBKR doesn’t auto-generate Danish tax statements. Worth checking which annual reporting your accountant or skat.dk preparation requires before opening.

Want to know more? Check our comprehensive Interactive Brokers review and visit IBKR’s website.

Another exceptional trading platform in Denmark is eToro, an international online broker with over 40 million users who trade stocks, ETFs, forex, commodities, cryptocurrencies, and CFDs. It went public on NASDAQ (ticker: ETOR) in May 2025 – a notable credibility milestone. It’s known for its social trading feature, which lets you copy the trades of other experienced investors. There are thousands of verified traders on eToro, and you can choose who to follow based on past Return on Investment (ROI), risk profile, and other factors.

The eToro platform gives users access to thousands of financial instruments, including stocks and ETFs across major US and European exchanges (including Nasdaq Copenhagen). Users can also invest in Smart Portfolios – ready-made baskets that combine multiple assets or top traders around a particular theme or strategy.

eToro offers commission-free ETF trading in Denmark (other fees apply). Stock trades carry a $1 commission on most US, EU, and UK markets, with $2 on some other exchanges.

Opening an account and depositing is straightforward, and you can practise with a free demo account before committing real money. On the downside, spreads can be wider on some products than at specialist brokers, withdrawals carry a $5 fee (with a $30 minimum), and the only base currency is USD – so Danish investors funding in DKK will be charged a currency conversion fee on deposits and withdrawals. Note also that eToro doesn’t offer an aktiesparekonto, and Danish capital gains and lagerbeskatning reporting is your own responsibility since it’s a foreign broker.

If you’d like to learn more, check our eToro review.

Founded in 2002, XTB is a major player in the brokerage industry with extensive worldwide experience. It’s regulated by multiple top-tier authorities including the FCA (UK), CySEC (Cyprus), KNF (Poland), and DFSA (Dubai), and is listed on the Warsaw Stock Exchange. XTB now serves over 1.9 million clients globally.

XTB offers 0% commission on real stocks and ETFs up to €100,000 of monthly turnover (a 0.2% commission, €10 minimum, applies above that threshold), with fractional shares from €10 and an Investment Plan feature for recurring ETF investing. It also offers CFDs on stocks, ETFs, indices, forex, commodities, and cryptocurrencies for those who want leveraged exposure – though CFDs are complex, higher-risk instruments and a majority of retail accounts lose money trading them.

Opening an account and transferring funds is quick and hassle-free. For beginners, XTB offers a free demo account where you can practise as if with real money, alongside a strong library of educational tools. For intermediate and advanced investors, the platform provides plenty of technical and fundamental analysis tools to help inform your decisions.

XTB also offers other financial products including commodities and cryptocurrencies (through CFDs). Spreads on crypto CFDs are on the higher side, while forex spreads are competitive. Note that XTB charges an inactivity fee of €10/month after 12 months of no trading, if you also haven’t deposited in the previous 90 days. XTB also doesn’t offer an aktiesparekonto, so Danish investors handle their own DKK tax reporting (including lagerbeskatning on ETF positions).

Still have questions? Go through our XTB review.

Founded in 2008 in Amsterdam, DEGIRO is a low-cost brokerage that has become hugely popular across Europe thanks to its competitive rates. With over 3 million users, the platform is widely known for its “do-it-yourself” philosophy – you have everything at your disposal to start investing on your own.

DEGIRO offers a wide range of financial assets including stocks, ETFs, bonds, options, futures, warrants, investment funds, real cryptocurrencies (rolled out across most European markets through 2025), and some leveraged products (not quite the same as CFDs – more info here), with access to 50+ exchanges across more than 30 countries, including Nasdaq Copenhagen.

You can trade ETFs from DEGIRO’s curated ETF Core Selection commission-free (a €1 handling fee still applies), with no minimum amount required. US stocks cost €1 commission plus a €1 handling fee (€2 total per trade). The web platform and mobile app are clean, intuitive, and easy to get used to within minutes. On the downside, DEGIRO doesn’t offer in-depth fundamental research, a small annual exchange-connection fee (around €2.50 per non-domestic exchange) applies, the platform doesn’t have price alerts, and it doesn’t currently offer fractional shares.

On security, DEGIRO became part of flatexDEGIRO Bank AG (a German-regulated bank) in 2020, and is overseen jointly by Germany’s BaFin and the Dutch regulators (DNB and AFM). In the unlikely event that segregated assets cannot be returned to clients, DEGIRO falls under the German Investor Compensation Scheme, which covers up to 90% of any losses on non-returned assets (capped at €20,000) – worth bearing in mind for larger portfolios.

Cash held in a DEGIRO Cash Account with flatexDEGIRO Bank AG is also protected under the German Deposit Guarantee Scheme up to €100,000. Note that DEGIRO doesn’t offer an aktiesparekonto for Danish residents, so Danish capital gains and lagerbeskatning reporting remains your responsibility.

Still have questions? Go through our DEGIRO review.

Founded in 1992 in Copenhagen, Saxo is a Danish-headquartered global broker – genuinely the most relevant international-grade option for Danish investors. With more than three decades of track record, Saxo lets you trade over 71,000 financial instruments through its unified SaxoTrader platform (web, mobile, and a downloadable professional client) and the simpler SaxoInvestor app for beginners. In 2025, Saxo was majority-acquired by the Swiss private bank J. Safra Sarasin, reinforcing its long-term institutional stability.

The wide range of cash and margin trading products spans global markets and includes stocks, ETFs, bonds, mutual funds, options, futures, CFDs, forex, and more – well-suited to both “buy and hold” investors and active traders using leverage. As a Danish broker, Saxo is also one of the strongest options for accessing the aktiesparekonto wrapper through a major international platform.

Saxo’s account tiers are:

• Classic: no minimum deposit required (the minimum was removed in 2024). You get access to tight spreads and 24/5 customer and technical support.
• Platinum: a minimum $200,000 portfolio is required. In addition to Classic features, it lowers trading costs by up to 30% and offers prioritised local-language customer support.
• VIP: a minimum $1,000,000 portfolio is required. You get the best pricing, access to trading experts, and exclusive event invitations.

Pricing varies by account tier. For example, a US stock trade costs around 0.08% of the trade value with a $1 minimum on the Classic tier, while the same trade on the VIP tier can cost around 0.03% with the same $1 minimum. Accounts holding stocks, ETFs/ETCs, or bond positions are also subject to a custody fee of up to 0.15% per year.

Saxo Bank A/S is a fully licensed Danish bank under the supervision of the Danish Financial Supervisory Authority (Finanstilsynet). As a Danish bank, Saxo participates in the Danish Guarantee Fund (Garantiformuen), which protects client cash deposits up to €100,000 and financial securities (stocks, ETFs, etc.) up to €20,000 per client. For Danish residents specifically, Saxo automatically generates the relevant tax statements for SKAT in DKK – removing the manual reporting burden that comes with foreign brokers.

Founded in 2004, Trading 212 is a fintech group headquartered in London that aims to democratise the investment process through a simple, modern mobile app. The platform gives anyone access to over 13,000 stocks and ETFs, as well as forex, commodities, CFDs, and cryptocurrencies, and now serves more than 5 million clients managing over €30 billion in assets. New clients can also receive a free fractional share worth up to €100.

With Trading 212 you get commission-free stocks and ETFs (other fees may apply – see terms and conditions), fractional shares from €1, and an automatic investment system via Pies & AutoInvest. Trading 212 also pays interest on uninvested cash – currently around 2% on EUR cash and ~1.7% on DKK cash (rates vary with central bank rates). Through its newer 212 Crypto service (launched in March 2026 under MiCA in select European markets), clients can also buy and sell real cryptocurrencies. Opening an account is quick and easy. On the downside, the product range still has some gaps – notably no bonds, options, or futures – and the broker charges a 0.15% FX fee when buying assets in a currency different from your base account.

Within the app, you’ll find distinct sub-platforms: Trading 212 Invest, where you trade real stocks and ETFs commission-free, and Trading 212 CFD, where you can trade leveraged CFDs.

On safety, the Trading 212 group is regulated across multiple jurisdictions by the FCA (UK), CySEC (Cyprus), BaFin (Germany), and ASIC (Australia), with client assets held in segregated accounts. Danish investors are typically served through the CySEC-regulated entity, with client funds protected up to €20,000 under the Cyprus Investor Compensation Fund. Note that Trading 212 doesn’t offer an aktiesparekonto, so Danish investors handle their own DKK tax reporting (including lagerbeskatning on ETF positions).

If you want to learn more, check our Trading 212 review.