Sweden

Nordnet was founded in Sweden in 1996, and has been in the leading-edge of modern brokerage and banking services ever since. It is on the Swedish market where we currently offer our broadest range of services, from savings in stocks and mutual funds to banking products.

Today, Nordnet is being recognized for its advantageous user interface in the web service, as well as for posing a threat to the Jurassic banks. In 2009 and 2010, Nordnet was named Sweden’s best banking site in a prestigious ranking by the magazine Internetworld.

Nordnet's headquarters are situated in Alvik just outside Stockholm. In 2008, a trading arcade for the most active customers was established in central Stockholm. In the same premises, a customer center was opened in 2009.

On the Swedish pension market, Nordnet is steadily growing with both private individuals and companies appreciating our services. As legislation is easing up, more pension savers will get the opportunity to transfer their engagements to Nordnet.

Popular products

• Nordnet's mutual funds portal offers the savers the possibility to choose between 1,000 different mutual funds from 90 fund administrators.
• Nordnet’s 'capital insurance' is a modern and tax efficient account for saving in stocks, mutual funds and derivatives.
• Mobile applications for iPhone and Android make it easy to follow your savings and pay your bills wherever you are

Financials

In 2011, Nordnet Sweden's operating profit reached SEK 273.0 million with an operating margin of 41%. The number of active accounts amounted to 237,300 with a total savings capital of SEK 52.9 billion. The customers made 8,475,500 trades during the period.

Swedish savers

Nordnet's Swedish customers have the most even distribution between stocks, mutuals funds and cash if compared to their Nordic neighbours. By the end of the second quarter 2010, stocks made up 56% and mutuals funds 31% of the savings capital. The most popular stock to own among the swedes is Ericsson. The Swedish savers are most positive to trade on foreign exchanges - one fourth of the trades carried out during the second quarter was made on another market than the Swedish.

Competitors